West River Electric Assn Inc

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

EIN: 460204517 ✦ Wall, SD ✦ Designated as a 501(c)(12)

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Overview

What is West River Electric Assn Inc?

West River Electric Assn Inc is a nonprofit cooperative based in Wall, South Dakota (PO Box 412). They serve approximately 14,911 members by providing safe, reliable, efficient, and reasonably priced electricity. The organization maintains around 2,055 miles of power lines and recently added 48 miles while removing 21 miles. Their mission goes beyond just supplying electricity; they aim to contribute to their community's development for the well-being of their members. West River Electric employs 66 individuals dedicated to ensuring their members receive top-notch electric services.


Official website here: www.westriver.com

What are the reviews and ratings of this charity?

West River Electric Assn Inc is not currently rated by Charity Navigator. The absence of a rating does not reflect positively or negatively on the organization. Their evaluation is limited because the association is not a 501(c)(3) nonprofit, which precludes it from the Accountability & Finance and other methodological evaluations typically used.

The lack of 501(c)(3) status means the organization cannot be assessed on key parameters such as Impact & Measurement, Leadership & Adaptability, and Culture & Community. Historical ratings focused primarily on financial accountability.

Currently, GreatNonprofits does not feature user reviews for West River Electric Assn Inc, offering no additional qualitative insights from community members or clients. Without further data, public perception and operational impact remain undetailed.


This AI summary has been generated from information found on Charity Navigator.

Is West River Electric Assn Inc legitimate?

West River Electric Assn Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. West River Electric Assn Inc 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: $718,004
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,262,558

For more financial information, click here


Official website here: www.westriver.com

What is the mission statement of West River Electric Assn Inc?

West River Electric Assn Inc is dedicated to providing safe, reliable, efficient, and reasonably priced electricity and related services to its members. The cooperative's mission goes beyond just energy provision; it also involves contributing to the development of the community for the well-being of its members. They serve approximately 14,911 members and maintain around 2,055 miles of lines. Over the past year, they added 48 miles of new lines and removed 21 miles of outdated infrastructure to ensure optimal electric service delivery.


Official website here: www.westriver.com

Who is the CEO of West River Electric Assn Inc?

Richard Johnson is the President of West River Electric Assn Inc. The CEO's salary of West River Electric Assn Inc is $270,187 and their total compensation is $485,596.


Official website here: www.westriver.com

What is the revenue of West River Electric Assn Inc?

West River Electric Assn Inc's revenue in 2022 was $44,777,288.


Official website here: www.westriver.com

Who are the executives of West River Electric Assn Inc and what are their salaries?

The average compensation at West River Electric Assn Inc during 2022 was $90,615. There are 66 employees at West River Electric Assn Inc.


Here are 16 key members and their salaries (West River Electric Assn Inc's CEO's salary is $270,187 and their total compensation is $485,596):


Andy Moon (President)
  • Compensation: $15,725
  • Related: $0
  • Other: $0
Larry Eisenbraun (Treasurer)
  • Compensation: $14,650
  • Related: $0
  • Other: $0
Chuck Sloan (Director)
  • Compensation: $13,975
  • Related: $0
  • Other: $0
Jamie Lewis (Secretary)
  • Compensation: $15,425
  • Related: $0
  • Other: $0
Marcia M Arneson (Director)
  • Compensation: $15,575
  • Related: $0
  • Other: $0
Sue Peters (Director)
  • Compensation: $17,550
  • Related: $0
  • Other: $0
Stan Anders (Vice-President)
  • Compensation: $16,200
  • Related: $0
  • Other: $0
Howard Knuppe (Director)
  • Compensation: $12,750
  • Related: $0
  • Other: $0
Jerry Hammerquist (Director)
  • Compensation: $12,400
  • Related: $0
  • Other: $0
Richard Johnson (Ceo/General Manager)
  • Compensation: $270,187
  • Related: $0
  • Other: $215,409
Dawn Hilgenkamp (Cfo/Manager Of Finance)
  • Compensation: $144,261
  • Related: $0
  • Other: $125,741
Mike Letcher (Manager Of Operations)
  • Compensation: $158,545
  • Related: $0
  • Other: $38,182
Veronica Kusser (Marketing Manager)
  • Compensation: $139,887
  • Related: $0
  • Other: $15,382
Matt Schmahl (Construction Project Manager)
  • Compensation: $126,558
  • Related: $0
  • Other: $88,113
Jenny Patterson (Office Services Manager)
  • Compensation: $134,113
  • Related: $0
  • Other: $71,697
Lance Steiger (Staking Forman)
  • Compensation: $132,374
  • Related: $0
  • Other: $67,248


Official website here: www.westriver.com

Where can I find the form 990 for West River Electric Assn Inc?

West River Electric Assn Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.westriver.com

Learn more at the official website: www.westriver.com

Mission Statement of West River Electric Assn Inc

West River Electric Assn Inc, a cooperative dedicated to electricity provision, strives to ensure the delivery of safe, reliable, efficient, and reasonably priced electricity and related services to its approximately 14,911 members. The organization's mission goes beyond just electricity; it aims to contribute positively to the development of its community for the benefit of its members.

With a commitment to safety and reliability, West River Electric Assn Inc maintains an extensive electrical infrastructure, consisting of about 2,055 miles of lines. In its continuous efforts to enhance its services, the cooperative added 48 miles of new lines and removed 21 miles of obsolete lines during a recent period. By doing so, it ensures the availability of electricity to an expanding member base while keeping the network efficient and effective.

West River Electric Assn Inc is not only a provider of electricity but also a community leader, dedicated to improving the well-being of its members. Through its operations, it ensures a consistent power supply, enabling members to carry out their daily activities with minimal interruptions. The organization's mission extends beyond electricity, as it seeks to contribute to the growth and progress of the community it serves.

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Impact




October, 2024

West River Electric Assn Inc significantly impacts its community by providing safe, reliable, and efficient electricity to approximately 14,911 members. With a robust infrastructure that includes the maintenance of 2,055 miles of electrical lines, they have demonstrated a commitment to both expansion—adding 48 miles of line—and improvement, by removing 21 miles of outdated infrastructure. Their mission extends beyond just electricity provision; they focus on fostering community development to enhance the well-being of their members. This dedication contributes to the overall quality of life in the region, ensuring access to essential services while promoting sustainable growth and community engagement.




This information is meant to be a general summary of West River Electric Assn Inc. 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
$44,777,288 (2022)
Expenses
$44,530,791 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $130,100
  • Program Service Revenue: $44,576,308
  • Gross Receipts: $45,570,202

Assets and Liabilities:

  • Total Assets: $152,133,230
  • Total Liabilities: $103,697,703
  • Net Assets: $48,435,527

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Programs

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

SALE OF POWER

Revenue

$41,606,307

CAPITAL CREDITS

Revenue

$2,690,146

OTHER OPERATING

Revenue

$279,855

Organization Details

Founding Year

1939

Principal Officer

Richard Johnson

Main Address

PO BOX 412, WALL, SD, 57790

NTEE Category

Code: W80 - Public benefit

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