Poudre Valley Rea Inc

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

EIN: 840294734 ✦ Fort collins, CO ✦ Designated as a 501(c)(12)

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Overview

What is Poudre Valley Rea Inc?

Poudre Valley REA Inc is a nonprofit organization dedicated to delivering safe, dependable, and energy-efficient solutions to its members. Their primary mission is to ensure a consistent power supply for their community, enhancing the quality of life for its residents. The company emphasizes the importance of exceptional service alongside the sale of electricity to its members. In essence, Poudre Valley REA Inc is a trusted energy provider that prioritizes the well-being and satisfaction of its members.


Official website here: www.pvrea.coop

Is Poudre Valley Rea Inc legitimate?

Poudre Valley Rea Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Poudre Valley Rea 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: $1,222,789
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,450,357

For more financial information, click here


Official website here: www.pvrea.coop

What is the mission statement of Poudre Valley Rea Inc?

Poudre Valley REA Inc is dedicated to delivering safe, dependable, and efficient energy solutions to its members. The organization is focused on ensuring the provision of power that enhances the lives of its customers with exceptional service. Their commitment extends beyond energy, as they aim to provide more than just electricity to their members. The company's mission is centered around ensuring the well-being of its community by providing essential energy services. Their unwavering dedication to reliability and safety underpins their operations, allowing members to rely on them for their energy needs. Poudre Valley REA Inc's mission is to make a positive impact on the lives of their members by providing them with the power they need, when they need it.


Official website here: www.pvrea.coop

Who is the CEO of Poudre Valley Rea Inc?

Jeffrey Wadsworth is the Director, Chair of Poudre Valley Rea Inc. The CEO's salary of Poudre Valley Rea Inc is $460,130 and their total compensation is $614,085.


Official website here: www.pvrea.coop

What is the revenue of Poudre Valley Rea Inc?

Poudre Valley Rea Inc's revenue in 2022 was $141,282,483.


Official website here: www.pvrea.coop

Who are the executives of Poudre Valley Rea Inc and what are their salaries?

The average compensation at Poudre Valley Rea Inc during 2022 was $95,774. There are 101 employees at Poudre Valley Rea Inc.


Here are 17 key members and their salaries (Poudre Valley Rea Inc's CEO's salary is $460,130 and their total compensation is $614,085):


Steve Anderson (Director, Chair)
  • Compensation: $22,800
  • Related: $0
  • Other: $0
Jack Schneider (Director, Vice Chair)
  • Compensation: $28,800
  • Related: $0
  • Other: $0
Peter Hyland (Director, Secretary)
  • Compensation: $22,800
  • Related: $0
  • Other: $0
Jan Peterson (Director)
  • Compensation: $26,000
  • Related: $0
  • Other: $0
Bryan Ehrlich (Director)
  • Compensation: $28,400
  • Related: $0
  • Other: $0
Thaine Michie (Director)
  • Compensation: $20,000
  • Related: $0
  • Other: $0
Rick Johnson (Director)
  • Compensation: $26,800
  • Related: $0
  • Other: $0
Ronald Sutherland (Director)
  • Compensation: $21,200
  • Related: $0
  • Other: $0
Sheryl Dryer Henderson (Director)
  • Compensation: $23,600
  • Related: $0
  • Other: $0
Jeffrey C Wadsworth (President & Ceo)
  • Compensation: $460,130
  • Related: $0
  • Other: $153,955
Lisa E Wright (Vp & Cfo Thru 4/1/22)
  • Compensation: $180,536
  • Related: $0
  • Other: $25,552
Amy Mahon (Vp & Cfo)
  • Compensation: $129,972
  • Related: $0
  • Other: $52,244
Joshua A Noel (Vp & It/Strategy)
  • Compensation: $236,362
  • Related: $0
  • Other: $98,066
John Bowerfind (Vp & Coo)
  • Compensation: $241,936
  • Related: $0
  • Other: $111,316
Amy Tahhan (Vp & Member And Government)
  • Compensation: $207,869
  • Related: $0
  • Other: $117,226
Benjamin James Ludington Mr (Vp & Safety/Human Resource)
  • Compensation: $194,162
  • Related: $0
  • Other: $99,949
Troy Everett Richter (Engineering Director)
  • Compensation: $168,798
  • Related: $0
  • Other: $85,105


Official website here: www.pvrea.coop

Where can I find the form 990 for Poudre Valley Rea Inc?

Poudre Valley Rea Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pvrea.coop

Learn more at the official website: www.pvrea.coop

Mission Statement of Poudre Valley Rea Inc

Poudre Valley REA, a dedicated organization, is focused on delivering safe, dependable, and efficient energy solutions to its members. The commitment of Poudre Valley REA goes beyond just providing electricity; it is about enhancing its members' lives through reliable and exceptional service. Working tirelessly to ensure the well-being of its community, Poudre Valley REA is more than just an energy provider. It is a partner that prioritizes the needs of its members and strives to exceed their expectations with every interaction. By offering a commitment to safety, reliability, and efficiency, Poudre Valley REA sets itself apart and builds trust within its community. Through its unwavering dedication to its mission, Poudre Valley REA aims to make a positive impact on the lives of those it serves.

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Impact




October, 2024

Poudre Valley Rea Inc plays a crucial role in delivering safe, reliable, and efficient energy solutions to its members in Fort Collins, Colorado. By prioritizing exceptional service, the organization enhances the quality of life for its members, ensuring they have consistent access to electricity. This commitment not only supports individual households but also fosters community development and sustainability, contributing to the overall well-being of the region. Through the sale of electricity and a focus on member satisfaction, Poudre Valley Rea Inc effectively empowers its community while promoting responsible energy use.




This information is meant to be a general summary of Poudre Valley Rea 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
$141,282,483 (2022)
Expenses
$141,075,780 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $258,545
  • Program Service Revenue: $141,023,938
  • Gross Receipts: $141,282,483

Assets and Liabilities:

  • Total Assets: $304,533,135
  • Total Liabilities: $168,335,773
  • Net Assets: $136,197,362

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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

$138,695,795

CAPITAL CREDITS

Revenue

$1,443,734

LATE FEES

Revenue

$325,663

CONNECTIONS REVENUE

Revenue

$290,600

POLE RENTAL REVENUE

Revenue

$210,422

Organization Details

Founding Year

1939

Principal Officer

Jeffrey Wadsworth

Main Address

7649 REA PARKWAY, FORT COLLINS, CO, 80528

NTEE Category

Code: W80 - Public benefit

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