Overview
What is Welch Gas Cooperative Assoc Inc?
Welch Gas Cooperative Assoc Inc is a nonprofit organization primarily dedicated to the procurement and distribution of natural gas for its 624 members. To achieve this, they engage in various activities such as producing, purchasing, and distributing natural gas. Furthermore, the association constructs, maintains, operates, and acquires gas transmission lines within the city of Welch and surrounding areas, aiming to improve the natural gas supply and quality for its members.
Is Welch Gas Cooperative Assoc Inc legitimate?
Welch Gas Cooperative Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Welch Gas Cooperative Assoc 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: $58,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $249,589
For more financial information, click here
What is the mission statement of Welch Gas Cooperative Assoc Inc?
The Welch Gas Cooperative Association's mission is centered around providing natural gas to its members. To achieve this, the cooperative engages in various activities such as production, purchasing, and distribution of natural gas. Furthermore, they construct, maintain, operate, and acquire gas transmission lines to ensure a reliable supply of natural gas for their 624 members. The primary goal is to serve the needs of its members effectively in the natural gas sector.
Who is the CEO of Welch Gas Cooperative Assoc Inc?
Ronnie Clemins is the President of Welch Gas Cooperative Assoc Inc.
What is the revenue of Welch Gas Cooperative Assoc Inc?
Welch Gas Cooperative Assoc Inc's revenue in 2023 was $1,267,757.
Who are the executives of Welch Gas Cooperative Assoc Inc and what are their salaries?
The average compensation at Welch Gas Cooperative Assoc Inc during 2023 was $44,013. There are 7 employees at Welch Gas Cooperative Assoc Inc.
Here are 10 key members and their salaries:
- Compensation: $58,500
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- Other: $0
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- Other: $0
Where can I find the form 990 for Welch Gas Cooperative Assoc Inc?
Welch Gas Cooperative Assoc Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Welch Gas Cooperative Assoc Inc
Welch Gas Cooperative Association, a nonprofit organization, is dedicated to engaging in various activities aimed at obtaining and supplying natural gas for its 624 members. To accomplish this mission, the association produces, purchases, and distributes natural gas. Furthermore, it constructs, maintains, operates, and acquires gas transmission lines, all with the goal of benefiting its members in the best possible way. In essence, Welch Gas Cooperative Association works tirelessly to ensure a reliable and consistent supply of natural gas for the betterment of its membership.
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Impact
October, 2024
Welch Gas Cooperative Association Inc. plays a vital role in ensuring reliable access to natural gas for its 624 members in Welch, West Virginia, and surrounding areas. By engaging in the production, purchasing, and distribution of natural gas, the cooperative significantly contributes to the local economy and community well-being.
The cooperative is responsible for constructing, maintaining, and operating gas transmission lines, which are essential for delivering natural gas efficiently and safely. This infrastructure enables residents and local businesses to utilize natural gas for heating, cooking, and other purposes, thereby enhancing quality of life and supporting economic activities.
Furthermore, by focusing on local needs and resources, the association fosters a sense of community engagement and collaboration among its members. The cooperative’s operations not only provide essential services but also promote energy independence within the region. Overall, Welch Gas Cooperative Association Inc. makes a substantial impact by ensuring sustainable energy access, contributing to the local economy, and enhancing community welfare.
This information is meant to be a general summary of Welch Gas Cooperative Assoc 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 2023.
- Investment Income: $2,157
- Program Service Revenue: $1,265,600
- Gross Receipts: $1,267,757
Assets and Liabilities:
- Total Assets: $3,199,742
- Total Liabilities: $116,526
- Net Assets: $3,083,216
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Residential Gas Sales
Revenue
$502,875
Commercial Gas Sales
Revenue
$740,116
Forfeited Discounts
Revenue
$19,809
Other Gas Revenues
Revenue
$2,800
Organization Details
Founding Year
1969
Phone
(304) 436-3295Principal Officer
Ronnie Clemins
Main Address
POST OFFICE BOX 798, WELCH, WV, 24801
NTEE Category
Code: W80 - Public benefit
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