Overview
What is Warren Rural Electric Cooperative Corporation?
Warren Rural Electric Cooperative Corporation, located in Bowling Green, Kentucky, is a member-owned cooperative that provides competitively-priced electricity and utility services to its members, customers, and communities. With a workforce of 173 employees, the organization is dedicated to delivering up-to-date, reliable, and affordable electricity and utility services. As a cooperative, Warren RECC prioritizes the needs of its members and the communities it serves, striving for excellence in every aspect of its operations.
Official website here: www.wrecc.com
What are the reviews and ratings of this charity?
Warren Rural Electric Cooperative Corporation is currently not rated on Charity Navigator. This absence is due to the organization not being a 501(c)(3) nonprofit, as Charity Navigator primarily evaluates these types. The lack of a rating does not imply poor or good performance; it simply reflects that it hasn't been assessed under the typical Charity Navigator criteria.
Without a 501(c)(3) status, Warren Rural Electric Cooperative Corporation is not eligible for evaluations based on Accountability & Finance, Impact & Measurement, Leadership & Adaptability, and Culture & Community, as outlined by Charity Navigator's methodologies. Thus, the organization remains outside the spectrum of typical nonprofit assessment tools in this context.
Additionally, there is a lack of financial data, such as revenue, expenses, and key personnel salaries, which are generally used in rating processes. The cooperative's foundation status as an independent entity marks it as distinct from standard nonprofit classifications evaluated on such platforms.
This AI summary has been generated from information found on Charity Navigator.
Is Warren Rural Electric Cooperative Corporation legitimate?
Warren Rural Electric Cooperative Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Warren Rural Electric Cooperative Corporation 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: $1,214,235
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,955,557
For more financial information, click here
Official website here: www.wrecc.com
What is the mission statement of Warren Rural Electric Cooperative Corporation?
Warren Rural Electric Cooperative Corporation, as a member-owned cooperative, is dedicated to meeting the needs of its community by providing up-to-date, reliable, and competitively-priced electricity and utility services. Striving for member satisfaction, Warren RECC aims to deliver essential energy solutions while keeping affordability a top priority. The cooperative's mission is to ensure a dependable energy infrastructure, enabling members to power their homes and businesses efficiently. Additionally, it is committed to fostering strong relationships with its customers and communities, creating a sustainable energy future together.
Official website here: www.wrecc.com
Who is the CEO of Warren Rural Electric Cooperative Corporation?
Dewayne Mcdonald is the Board Member of Warren Rural Electric Cooperative Corporation. The CEO's salary of Warren Rural Electric Cooperative Corporation is $231,045 and their total compensation is $303,711.
Official website here: www.wrecc.com
What is the revenue of Warren Rural Electric Cooperative Corporation?
Warren Rural Electric Cooperative Corporation's revenue in 2022 was $226,511,221.
Official website here: www.wrecc.com
Who are the executives of Warren Rural Electric Cooperative Corporation and what are their salaries?
The average compensation at Warren Rural Electric Cooperative Corporation during 2022 was $47,224. There are 173 employees at Warren Rural Electric Cooperative Corporation.
Here are 19 key members and their salaries (Warren Rural Electric Cooperative Corporation's CEO's salary is $231,045 and their total compensation is $303,711):
- Compensation: $19,318
- Related: $0
- Other: $0
- Compensation: $19,361
- Related: $0
- Other: $0
- Compensation: $10,906
- Related: $0
- Other: $0
- Compensation: $4,648
- Related: $0
- Other: $0
- Compensation: $20,811
- Related: $0
- Other: $0
- Compensation: $19,811
- Related: $0
- Other: $0
- Compensation: $6,870
- Related: $0
- Other: $0
- Compensation: $6,870
- Related: $0
- Other: $0
- Compensation: $11,764
- Related: $0
- Other: $0
- Compensation: $143,925
- Related: $0
- Other: $40,596
- Compensation: $231,045
- Related: $0
- Other: $72,666
- Compensation: $114,329
- Related: $0
- Other: $53,144
- Compensation: $162,043
- Related: $0
- Other: $36,056
- Compensation: $135,408
- Related: $0
- Other: $61,990
- Compensation: $138,254
- Related: $0
- Other: $33,746
- Compensation: $130,239
- Related: $0
- Other: $36,888
- Compensation: $135,298
- Related: $0
- Other: $46,928
- Compensation: $131,110
- Related: $0
- Other: $60,304
- Compensation: $127,953
- Related: $0
- Other: $55,379
Official website here: www.wrecc.com
Where can I find the form 990 for Warren Rural Electric Cooperative Corporation?
Warren Rural Electric Cooperative Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wrecc.com
Learn more at the official website: www.wrecc.com
Mission Statement of Warren Rural Electric Cooperative Corporation
Warren Rural Electric Cooperative Corporation, a member-owned cooperative, is dedicated to fulfilling the electricity and utility needs of its members, customers, and communities. This organization strives to deliver up-to-date, dependable, and competitively-priced services, ensuring that the essential energy requirements of its clientele are met.
At the heart of its operations, Warren RECC prioritizes the well-being of its members and the communities it serves. By maintaining a strong commitment to providing affordable and reliable energy solutions, the cooperative enhances the quality of life for those it serves. Its mission extends beyond electricity, as the organization also works to address any other utility needs that may arise, ensuring comprehensive coverage for its clientele.
As a member-owned cooperative, Warren RECC values the importance of community engagement and collaboration. By focusing on the unique requirements of its members and customers, the organization fosters a strong sense of partnership and trust. This empowering approach enables Warren RECC to effectively meet the diverse energy demands of its clientele and continuously adapt its offerings to maintain competitiveness in the market.
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Impact
October, 2024
Warren Rural Electric Cooperative Corporation significantly impacts its members, customers, and the broader community by providing reliable, affordable electricity and utility services. Operating as a member-owned cooperative, it prioritizes the needs of its stakeholders, ensuring that they receive access to up-to-date technological advancements and services that enhance their quality of life. Based in Bowling Green, Kentucky, Warren RECC plays a crucial role in promoting economic stability and growth within the region by delivering competitively-priced energy solutions. This commitment helps to foster community development, improve living standards, and support local initiatives, ultimately enriching the lives of those it serves.
This information is meant to be a general summary of Warren Rural Electric Cooperative Corporation. 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: $149,383
- Program Service Revenue: $226,350,099
- Gross Receipts: $226,519,224
Assets and Liabilities:
- Total Assets: $321,679,939
- Total Liabilities: $164,954,533
- Net Assets: $156,725,406
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC SALES
Revenue
$221,899,024
OTHER ELECTRIC INCOME
Revenue
$2,837,270
POLE RENTALS
Revenue
$1,613,805
Organization Details
Founding Year
1938
Phone
(270) 842-6541Principal Officer
Dewayne Mcdonald
Main Address
951 FAIRVIEW AVENUE, BOWLING GREEN, KY, 42101
Website
www.wrecc.comNTEE Category
Code: W80 - Public benefit
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