Overview
What is Wheatland Electric Cooperative Inc?
Wheatland Electric Cooperative Inc is a nonprofit organization committed to delivering quality and reliable electric service to its members in a cooperative manner. Through this mission, they provide electric energy and allocate patronage capital to serve 32,656 active members at year-end. Additionally, they extend their cooperative services to offer water distribution contracts to customers in Finney and Kearny counties.
Official website here: www.weci.net
Is Wheatland Electric Cooperative Inc legitimate?
Wheatland Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Wheatland Electric Cooperative 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: $3,737,532
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,291,150
For more financial information, click here
Official website here: www.weci.net
What is the mission statement of Wheatland Electric Cooperative Inc?
Wheatland Electric Cooperative is dedicated to delivering quality and reliable electric service to its members, operating on a cooperative basis with the goal of keeping costs low. The organization's mission goes beyond just providing energy, as it aims to enhance the lives of those it serves. With a focus on affordability, Wheatland Electric Cooperative powers more than 32,000 active services, extending its reach beyond just electricity by offering water distribution contracts on a cooperative basis as well.
Official website here: www.weci.net
Who is the CEO of Wheatland Electric Cooperative Inc?
Bruce W Mueller is the Principal Officer of Wheatland Electric Cooperative Inc. The CEO's salary of Wheatland Electric Cooperative Inc is $589,844 and their total compensation is $829,641.
Official website here: www.weci.net
What is the revenue of Wheatland Electric Cooperative Inc?
Wheatland Electric Cooperative Inc's revenue in 2022 was $115,654,284.
Official website here: www.weci.net
Who are the executives of Wheatland Electric Cooperative Inc and what are their salaries?
The average compensation at Wheatland Electric Cooperative Inc during 2022 was $59,011. There are 153 employees at Wheatland Electric Cooperative Inc.
Here are 26 key members and their salaries (Wheatland Electric Cooperative Inc's CEO's salary is $589,844 and their total compensation is $829,641):
- Compensation: $31,705
- Related: $0
- Other: $0
- Compensation: $32,601
- Related: $0
- Other: $0
- Compensation: $18,303
- Related: $0
- Other: $0
- Compensation: $29,915
- Related: $0
- Other: $0
- Compensation: $28,226
- Related: $0
- Other: $0
- Compensation: $26,458
- Related: $0
- Other: $0
- Compensation: $25,790
- Related: $0
- Other: $0
- Compensation: $14,655
- Related: $0
- Other: $0
- Compensation: $26,058
- Related: $0
- Other: $0
- Compensation: $23,945
- Related: $0
- Other: $0
- Compensation: $31,493
- Related: $0
- Other: $0
- Compensation: $589,844
- Related: $0
- Other: $239,797
- Compensation: $53,047
- Related: $0
- Other: $16,518
- Compensation: $354,820
- Related: $0
- Other: $115,444
- Compensation: $108,093
- Related: $0
- Other: $99,227
- Compensation: $171,775
- Related: $0
- Other: $72,896
- Compensation: $213,272
- Related: $0
- Other: $127,326
- Compensation: $219,300
- Related: $0
- Other: $195,344
- Compensation: $188,726
- Related: $0
- Other: $141,704
- Compensation: $173,135
- Related: $0
- Other: $130,048
- Compensation: $161,995
- Related: $0
- Other: $76,072
- Compensation: $165,277
- Related: $0
- Other: $86,030
- Compensation: $157,494
- Related: $0
- Other: $143,146
- Compensation: $153,441
- Related: $0
- Other: $105,192
- Compensation: $151,522
- Related: $0
- Other: $86,663
- Compensation: $146,896
- Related: $0
- Other: $67,281
Official website here: www.weci.net
Where can I find the form 990 for Wheatland Electric Cooperative Inc?
Wheatland Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.weci.net
Learn more at the official website: www.weci.net
Mission Statement of Wheatland Electric Cooperative Inc
Wheatland Electric Cooperative, a dedicated organization, is committed to providing quality and reliable electric service to its members at a reasonable cost, a cooperative business model. This mission extends beyond just delivering electricity; it's about enhancing the lives of its members by ensuring a consistent power supply. The cooperative's philosophy, "energy for life," reflects its commitment to making a meaningful difference in its community.
Wheatland Electric Cooperative proudly serves over 32,000 active services, delivering the essential energy needed for daily life. In addition to its primary service, the cooperative also offers water distribution contracts to customers in Finney and Kearny counties on a cooperative basis. The organization's focus on maintaining a cost-effective and efficient operation ensures that its members receive the best possible service.
The cooperative business model allows the organization to allocate patronage capital, ensuring a portion of the profits are returned to the members. This unique structure fosters a strong sense of community and mutual support, strengthening the bond between the cooperative and its members. The mission of Wheatland Electric Cooperative goes beyond simple commerce, it's about creating a better future for its members, one connection at a time.
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Impact
October, 2024
Wheatland Electric Cooperative Inc. plays a significant role in enhancing the quality of life for its members by delivering dependable electric service while ensuring affordability through a cooperative model. By prioritizing the needs of its 32,656 active services, the cooperative fosters a sense of community and empowers its members to benefit from energy services that are tailored to their requirements.
In addition to providing electric energy, Wheatland Electric Cooperative extends its impact by offering water distribution contracts to customers in Finney and Kearny counties, further reinforcing its commitment to serving the essential needs of the region. The allocation of patronage capital allows members to see a direct return on their investment, promoting economic sustainability within the local community.
Overall, Wheatland Electric Cooperative is dedicated to delivering reliable and quality energy solutions while contributing to the well-being of its members and the communities it serves.
This information is meant to be a general summary of Wheatland Electric Cooperative 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,107,777
- Program Service Revenue: $112,582,317
- Gross Receipts: $121,907,190
Assets and Liabilities:
- Total Assets: $392,970,619
- Total Liabilities: $246,649,929
- Net Assets: $146,320,690
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF ELECTRICITY
Revenue
$102,803,872
WATER CONTRACTS
Revenue
$4,449,902
PATRONAGE DIVIDENDS
Revenue
$4,267,201
SERVICE FEES
Revenue
$213,568
LEASED PLANT REVENUE
Revenue
$139,527
Organization Details
Founding Year
1948
Phone
(620) 872-5885Principal Officer
Bruce W Mueller
Main Address
PO BOX 230, SCOTT CITY, KS, 67871
Website
www.weci.netNTEE Category
Code: W80 - Public benefit
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