Overview
What is Wright-Hennepin Cooperative Electric Association?
Wright-Hennepin Cooperative Electric Association is a member-owned, not-for-profit electric cooperative serving rural Wright County and western Hennepin County in Minnesota. With a workforce of 132 employees, the cooperative delivers power and competitive pricing to enhance the quality of life for over 58,000 members. They execute a comprehensive strategy that includes purchasing power from multiple providers, their largest expense. The cooperative's mission is centered around delivering essential power, products, and competitive pricing to its members and communities.
Official website here: www.whe.org
What are the reviews and ratings of this charity?
The Wright-Hennepin Cooperative Electric Association currently does not have a rating on Charity Navigator, which neither serves as an endorsement nor a critique. The absence of a rating indicates that certain evaluative metrics, such as Accountability & Finance or Impact & Measurement, which are crucial for a rating, are not available for this nonprofit. Charity Navigator's focus on 501(c)(3) organizations reveals that this cooperative is not considered under the typical nonprofit guidelines that allow for tax-deductible contributions.
The lack of specific financial data, such as revenue and expenses or salaries, suggests that Wright-Hennepin Cooperative Electric Association hasn't filed the necessary electronic forms within the timeframe Charity Navigator requires. Additionally, their foundation status and affiliation highlight that it operates independently and without 501(c)(3) status, therefore they must navigate within different operational, legal, and ethical frameworks distinct from tax-deductible nonprofits.
Since Wright-Hennepin Cooperative Electric Association does not classify under the widely recognized 501(c)(3) status, its organizational performance on criteria like Leadership & Adaptability, Culture & Community, and Impact & Measurement remains unevaluated. Without user reviews or ratings, further insights into this cooperative's operations and community impact remain limited.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Wright-Hennepin Cooperative Electric Association?
74% of 230 reviewers on Facebook recommend Wright-Hennepin Cooperative Electric Association. Here is a summary of their reviews:
Many customers express a positive experience with the cooperative, highlighting aspects such as reliable service and customer support. Some users appreciate the community-oriented approach of the organization, which they feel enhances their connection to the cooperative.
However, there is a noticeable portion of reviewers who may have reservations, indicating that not everyone feels satisfied with the services. Overall, while there is a decent level of approval, there are areas for improvement that some users have pointed out.
This AI summary has been generated from reviews found on Facebook.
Is Wright-Hennepin Cooperative Electric Association legitimate?
Wright-Hennepin Cooperative Electric Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Wright-Hennepin Cooperative Electric 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: $2,270,066
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.whe.org
What is the mission statement of Wright-Hennepin Cooperative Electric Association?
Wright-Hennepin Cooperative Electric Association is a not-for-profit electric cooperative that provides power to communities. Their mission is to enhance the quality of life of their members by delivering essential power, products, and competitive pricing. Through a comprehensive strategy, they secure power from multiple providers, making it an integral aspect of their operations. As of December 31, 2022, they served 58,532 members, making a significant impact on these communities. By focusing on delivering these essentials, they aim to improve the lives of the people they serve.
Official website here: www.whe.org
Who is the CEO of Wright-Hennepin Cooperative Electric Association?
Timothy Sullivan is the President & Ceo of Wright-Hennepin Cooperative Electric Association. The CEO's salary of Wright-Hennepin Cooperative Electric Association is $388,411 and their total compensation is $522,335.
Official website here: www.whe.org
What is the revenue of Wright-Hennepin Cooperative Electric Association?
Wright-Hennepin Cooperative Electric Association's revenue in 2022 was $125,595,485.
Official website here: www.whe.org
Who are the executives of Wright-Hennepin Cooperative Electric Association and what are their salaries?
The average compensation at Wright-Hennepin Cooperative Electric Association during 2022 was $17,197. There are 132 employees at Wright-Hennepin Cooperative Electric Association.
Here are 22 key members and their salaries (Wright-Hennepin Cooperative Electric Association's CEO's salary is $388,411 and their total compensation is $522,335):
- Compensation: $36,309
- Related: $7,791
- Other: $0
- Compensation: $29,026
- Related: $10,924
- Other: $0
- Compensation: $29,823
- Related: $7,602
- Other: $0
- Compensation: $27,750
- Related: $9,250
- Other: $0
- Compensation: $24,326
- Related: $9,374
- Other: $0
- Compensation: $28,800
- Related: $9,600
- Other: $0
- Compensation: $19,526
- Related: $17,574
- Other: $0
- Compensation: $22,722
- Related: $11,728
- Other: $0
- Compensation: $18,198
- Related: $6,152
- Other: $0
- Compensation: $9,088
- Related: $5,162
- Other: $0
- Compensation: $388,411
- Related: $33,775
- Other: $100,149
- Compensation: $173,628
- Related: $115,752
- Other: $61,170
- Compensation: $254,292
- Related: $0
- Other: $77,655
- Compensation: $159,118
- Related: $45,462
- Other: $46,536
- Compensation: $193,463
- Related: $0
- Other: $58,973
- Compensation: $187,200
- Related: $0
- Other: $67,269
- Compensation: $261,690
- Related: $74,769
- Other: $33,336
- Compensation: $182,898
- Related: $0
- Other: $45,154
- Compensation: $173,364
- Related: $0
- Other: $43,985
- Compensation: $166,942
- Related: $0
- Other: $15,197
- Compensation: $165,867
- Related: $0
- Other: $45,527
- Compensation: $163,595
- Related: $0
- Other: $18,838
Official website here: www.whe.org
Where can I find the form 990 for Wright-Hennepin Cooperative Electric Association?
Wright-Hennepin Cooperative Electric Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.whe.org
Learn more at the official website: www.whe.org
Mission Statement of Wright-Hennepin Cooperative Electric Association
Wright-Hennepin Cooperative Electric Association, a member-owned, not-for-profit electric cooperative, is dedicated to delivering essential power, products, and competitive pricing to enhance the quality of life for the communities it serves. This mission is achieved through a well-thought-out strategy plan, which prioritizes purchasing power from multiple providers, a significant expense for the cooperative.
Located in rural Wright County and western Hennepin County, WHCEA powers the lives of 58,532 members with 4,273 miles of line as of December 31, 2022. The cooperative's commitment to its members extends beyond electricity, as it strives to improve their overall living conditions. By offering competitive pricing, WHCEA enables its members to allocate their resources more effectively and enhances their standard of living. The cooperative's focus on delivering power, products, and competitive pricing is a testament to its dedication to enriching the lives of those it serves.
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Impact
October, 2024
Wright-Hennepin Cooperative Electric Association significantly enhances the quality of life for its members and the communities it serves in rural Wright County and western Hennepin County. By providing reliable electric utility services, it empowers over 58,000 members, ensuring access to the essential power needed for daily living and economic activities.
The cooperative operates a comprehensive strategy that includes sourcing power from multiple providers, optimizing costs, and maintaining a vast network of 4,273 miles of lines. This approach not only guarantees competitive pricing but also facilitates the delivery of essential products and services, fostering community development and improving overall living standards.
By prioritizing the needs of its members, Wright-Hennepin reinforces its commitment to public benefit, ultimately contributing to a more connected, sustainable, and prosperous community.
This information is meant to be a general summary of Wright-Hennepin Cooperative Electric 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $149,990
- Program Service Revenue: $120,914,322
- Gross Receipts: $125,974,784
Assets and Liabilities:
- Total Assets: $243,904,716
- Total Liabilities: $141,892,516
- Net Assets: $102,012,200
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF ELECTRICITY
Revenue
$120,914,322
Organization Details
Founding Year
1937
Phone
(763) 477-3000Principal Officer
Timothy Sullivan
Main Address
PO BOX 330, ROCKFORD, MN, 553730330
Website
www.whe.orgNTEE Category
Code: W80 - Public benefit
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