Wisconsin Electric Cooperative Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391163563 ✦ Madison, WI ✦ Designated as a 501(c)(6)

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Overview

What is Wisconsin Electric Cooperative Association?

Wisconsin Electric Cooperative Association (WECA) is a nonprofit organization situated in Madison, Wisconsin. With a mission to support its 25 member cooperatives, WECA collects membership dues and offers necessary services and assistance to ensure the cost-effective provision of electric energy. The association's primary objective is to provide valuable information and aid to its members, ultimately contributing to their goal of delivering affordable electric services. With a modest workforce of nine individuals, WECA plays a vital role in facilitating the cooperative's operations and maintaining their shared objective.


Official website here: www.weca.coop

Is Wisconsin Electric Cooperative Association legitimate?

Wisconsin Electric Cooperative Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Wisconsin Electric Cooperative Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $573,748
Professional Fundraising Fees: $0
Other Salaries and Wages: $633,361

For more financial information, click here


Official website here: www.weca.coop

What is the mission statement of Wisconsin Electric Cooperative Association?

The Wisconsin Electric Cooperative Association's mission is centered around providing assistance and information to its members, aiming to aid them in their objective of offering affordable electric services. The association collects membership dues and offers suitable services and aid to its members, enabling them to provide electricity and energy services at cost without profit. The organization is governed by a board of directors, with 25 eligible member cooperatives.


Official website here: www.weca.coop

Who is the CEO of Wisconsin Electric Cooperative Association?

Timothy Clay is the Chairman of Wisconsin Electric Cooperative Association. The CEO's salary of Wisconsin Electric Cooperative Association is $256,038 and their total compensation is $329,564.


Official website here: www.weca.coop

What is the revenue of Wisconsin Electric Cooperative Association?

Wisconsin Electric Cooperative Association's revenue in 2022 was $3,724,241.


Official website here: www.weca.coop

Who are the executives of Wisconsin Electric Cooperative Association and what are their salaries?

The average compensation at Wisconsin Electric Cooperative Association during 2022 was $134,123. There are 9 employees and 4 volunteers at Wisconsin Electric Cooperative Association.


Here are 19 key members and their salaries (Wisconsin Electric Cooperative Association's CEO's salary is $256,038 and their total compensation is $329,564):


David Hischke (Chairman)
  • Compensation: $700
  • Related: $0
  • Other: $0
Karen Newbury (Vice Chairman)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Roger Wiff (Secretary/Treasurer)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Judith Anibas (Past Chairman)
  • Compensation: $900
  • Related: $0
  • Other: $0
Mike Wade (Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Buros (Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Sorenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Smrekar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Hillberry (Director)
  • Compensation: $1,100
  • Related: $0
  • Other: $0
Joe Metro (Director)
  • Compensation: $1,300
  • Related: $0
  • Other: $0
Steve Johnson (Director)
  • Compensation: $400
  • Related: $0
  • Other: $0
Justin Jahnz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Simmons (Invited Observer)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
William Fischer (Director)
  • Compensation: $1,100
  • Related: $0
  • Other: $0
Stephen Freese (President & Ceo)
  • Compensation: $256,038
  • Related: $0
  • Other: $73,526
Timothy Clay (Vp Of Operations)
  • Compensation: $166,200
  • Related: $0
  • Other: $62,348
Rob Richard (Director Of Gov'T Relations)
  • Compensation: $137,305
  • Related: $0
  • Other: $37,309
Dana Kelroy (Editor)
  • Compensation: $108,390
  • Related: $0
  • Other: $46,514


Official website here: www.weca.coop

Where can I find the form 990 for Wisconsin Electric Cooperative Association?

Wisconsin Electric Cooperative Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.weca.coop

Learn more at the official website: www.weca.coop

Mission Statement of Wisconsin Electric Cooperative Association

Wisconsin Electric Cooperative Association (WECA) is dedicated to supporting its members in their mission to provide affordable electric service. The association achieves this by offering information and assistance to its members. By doing so, WECA aids its members in their pursuit of supplying electricity and energy services at economical costs without earning profits. The organization boasts 25 eligible members who have the opportunity to serve on its board of directors.

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Impact




October, 2024

Wisconsin Electric Cooperative Association (WECA) plays a crucial role in supporting its members in delivering affordable electric services. By providing essential information and assistance, WECA enables cooperatives to operate efficiently and effectively, ensuring that their customers receive reliable and low-cost electricity.

With a membership base of 25 cooperatives, WECA fosters collaboration and communication among its members, helping them to share best practices and navigate challenges in the energy sector. This collective approach enhances the overall effectiveness of electric service delivery across Wisconsin.

Through its membership services, WECA collects dues and offers resources that empower cooperatives to focus on furnishing electric energy and related services at cost, prioritizing the needs of their communities without generating profit. This commitment ensures that local cooperatives can maintain their focus on providing essential services to their customers, ultimately benefiting the public and supporting economic growth throughout the region.




This information is meant to be a general summary of Wisconsin Electric Cooperative Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,724,241 (2022)
Expenses
$3,672,644 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,283
  • Program Service Revenue: $3,665,239
  • Gross Receipts: $3,724,241

Assets and Liabilities:

  • Total Assets: $1,865,579
  • Total Liabilities: $329,742
  • Net Assets: $1,535,837

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$1,403,492

WEC NEWS SUBSCRIPTIONS

Revenue

$1,307,612

SAFETY PROGRAM

Revenue

$542,290

SKILLBUILDERS PROGRAM

Revenue

$324,614

DISTRICT & ANNUAL MEET

Revenue

$39,128

Organization Details

Founding Year

1990

Principal Officer

Timothy Clay

Main Address

222 W WASHINGTON AVENUE 680, MADISON, WI, 53703

NTEE Category

Code: W80 - Public benefit

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