NonprofitsWells Rural Electric Co

Wells Rural Electric Co

WELLS, NV

Total revenue

$44.1M

Total expenses

$40.9M

Net assets

$40.7M

Grants received

EIN

880086059

Tax year

2024

Mission

To provide quality and reliable electric service to members of the cooperative.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$40.8M
Investment income$636K
Other revenue$2.6M
Total revenue$44.1M

Expenses

Grants paid$43K
Salaries & benefits$6.3M
Fundraising
Other expenses$33.3M
Total expenses$40.9M
Total assets$74.8M
Net assets$40.7M

People

22 listed

NameRoleCompensation

CLAY R FITCH

EMERITUS CEO

Board

$257K

40 hrs/wk

THAD BALLARD

CEO

Board

$212K

40 hrs/wk

JEFFERY CROMIE

DIRECTOR OF STRATEGY/BUS. DEV

Board

$169K

40 hrs/wk

RYAN BRODSHO

DIRECTOR OF PLANNING

Board

$168K

40 hrs/wk

CYNTHIA GOOD

DIRECTOR OF ACCT, FINANCE,HR

Board

$155K

40 hrs/wk

MIKE GIROLAMO

DIRECTOR OF OPERATIONS

Board

$141K

40 hrs/wk

SCOTT EGBERT

PRESIDENT

Board

$46K

4.9 hrs/wk

GERALD ANDERSON

DIRECTOR

Board

$44K

7.7 hrs/wk

ROBERT WILCOX

DIRECTOR

Board

$26K

8.6 hrs/wk

M JONATHAN DAHL

VICE PRESIDENT

Board

$25K

7.7 hrs/wk

OUIDA MADISON

DIRECTOR

Board

$22K

3.4 hrs/wk

CAMERON HUFF

DIRECTOR

Board

$22K

10 hrs/wk

TONY MACIAS

DIRECTOR

Board

$19K

7.4 hrs/wk

BRUCE WIDMER

DIRECTOR

Board

$17K

4.5 hrs/wk

JIM WHITED

SECRETARY/TREASURER

Board

$17K

5.5 hrs/wk

KIRK DAHL

DIRECTOR

Board

$17K

3 hrs/wk

ALFRED MONTES DE OCA

DIRECTOR

Board

$17K

2.6 hrs/wk

KYLE MURPHY

FOREMAN

Staff

$184K

48 hrs/wk

ZANE PETERS

TROUBLEMAN

Staff

$176K

46 hrs/wk

JAMES WINES

FOREMAN

Staff

$165K

45 hrs/wk

TODD BRETHAUER

SUBSTATION FOREMAN

Staff

$159K

43 hrs/wk

JACOB MANNING

FOREMAN

Staff

$157K

44 hrs/wk

Independent contractors

WESTERN LINE BUILDERS

LINE CONSTRUCTION

$583K

DYNAMIC ELECTRICAL SOLUTIONS

ENGINEERING SERVICES

$193K

POWER ENGINEERS

ENGINEERING SERVICES

$178K

DAVID ANGELL

ENGINEERING SERVICES

$161K

NNE CONSTRUCTION

CONSTRUCTION CONTRACTOR

$132K

Details

EIN880086059
Subsection12
Ruling date1966-04
Formed1958
Employees61
Volunteers0
WELLS RURAL ELECTRIC CO — Mission, Financials & Grants Received | Grantivo