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WELLS RURAL ELECTRIC COMPANY

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Public IRS 990 nonprofit record

WELLS RURAL ELECTRIC COMPANY

EIN 88-0086059 · Mutual & Membership Benefit (Y)

What they do

WELLS RURAL ELECTRIC COMPANY IMPROVES THE QUALITY of LIFE of THE COMMUNITIES WE SERVE BY MEETING THE CHANGING NEEDS of OUR MEMBERS THROUGH THE GUIDING PRINCIPLES of OUR LOCALLY CONTROLLED COOPERATIVE.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$92.67spent for every $100 of revenueRevenue covered expenses this year.
$1.83in assets for every $1 spent this yearSome assets cannot be spent right away.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $368,507 for CLAY R FITCH (EMERITUS CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$44,088,529
Expenses$40,858,420
Annual surplus $3,230,109 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$44,088,529
Expenses$40,858,420
Assets$74,823,928
Income$44,088,529
Grants given$98,931
Average grant$7,610
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
CLAY R FITCHEMERITUS CEO · 40 hrs/week $368,507Base $257,318 · Other $111,189
THAD BALLARDCEO · 40 hrs/week $353,013Base $212,214 · Other $140,799
RYAN BRODSHODIRECTOR OF PLANNING · 40 hrs/week $269,550Base $167,545 · Other $102,005
CYNTHIA GOODDIRECTOR OF ACCT, FINANCE,HR · 40 hrs/week $256,225Base $155,267 · Other $100,958
ZANE PETERSTROUBLEMAN · 46 hrs/week $247,058Base $176,363 · Other $70,695
JEFFERY CROMIEDIRECTOR OF STRATEGY/BUS. DEV · 40 hrs/week $246,674Base $168,986 · Other $77,688
KYLE MURPHYFOREMAN · 48 hrs/week $246,181Base $183,997 · Other $62,184
TODD BRETHAUERSUBSTATION FOREMAN · 43 hrs/week $239,663Base $158,877 · Other $80,786
JACOB MANNINGFOREMAN · 44 hrs/week $226,860Base $157,131 · Other $69,729
JAMES WINESFOREMAN · 45 hrs/week $222,838Base $165,158 · Other $57,680
MIKE GIROLAMODIRECTOR OF OPERATIONS · 40 hrs/week $179,413Base $140,639 · Other $38,774
SCOTT EGBERTPRESIDENT · 5 hrs/week $46,192

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

CLAY R FITCHEMERITUS CEO

THAD BALLARDCEO

RYAN BRODSHODIRECTOR OF PLANNING

CYNTHIA GOODDIRECTOR OF ACCT, FINANCE,HR

ZANE PETERSTROUBLEMAN

JEFFERY CROMIEDIRECTOR OF STRATEGY/BUS. DEV

KYLE MURPHYFOREMAN

TODD BRETHAUERSUBSTATION FOREMAN

JACOB MANNINGFOREMAN

JAMES WINESFOREMAN

MIKE GIROLAMODIRECTOR OF OPERATIONS

SCOTT EGBERTPRESIDENT

GERALD ANDERSONDIRECTOR

ROBERT WILCOXDIRECTOR

M JONATHAN DAHLVICE PRESIDENT

OUIDA MADISONDIRECTOR

CAMERON HUFFDIRECTOR

TONY MACIASDIRECTOR

BRUCE WIDMERDIRECTOR

JIM WHITEDSECRETARY/TREASURER

KIRK DAHLDIRECTOR

ALFRED MONTES DE OCADIRECTOR

About this charity

Recognized since
January 1966
Location
PO BOX 365, WELLS, NV 89835-0365
County
Elko
In care of
% LONNIE ABBOTT
Primary officer
THAD BALLARD, CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
BOLINGER SEGARS GILBERT AND MOSS LLP
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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