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Filing year 2023

WELLS RURAL ELECTRIC COMPANY

Wells, Nevada·EIN 88-0086059·501(c)(12)
Total revenue
$50.2M
Total assets
$74.7M
Total expenses
$43.6M
Reported officers
23
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 23 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Chief Executive Officer
Above 90th percentile
$423k
$463k
Base
$285k
Bonus
Other
$31k
Benefits
$31k
Director of Admin & Power Supply
Director (Operational)
Above 90th percentile
$276k
$302k
Base
$131k
Bonus
Other
$9k
Benefits
$39k
Director of Strategy & Development
75th to 90th percentile
$249k
$272k
Base
$147k
Bonus
$6k
Other
$8k
Benefits
$2k
Director of Planning
Director (Operational)
Above 90th percentile
$244k
$267k
Base
$159k
Bonus
$3k
Other
$1k
Benefits
$35k
Troubleman
Highest Compensated Employee
Median to 75th percentile
$223k
$244k
Base
$164k
Bonus
Other
$2k
Benefits
$37k
Foreman
Highest Compensated Employee
Median to 75th percentile
$216k
$236k
Base
$149k
Bonus
Other
$148
Benefits
$37k
Director of Acct, Finance, & HR
75th to 90th percentile
$210k
$230k
Base
$117k
Bonus
Other
$10k
Benefits
$29k
Foreman
Highest Compensated Employee
Median to 75th percentile
$205k
$225k
Base
$145k
Bonus
Other
$2k
Benefits
$35k
Foreman
Highest Compensated Employee
Median to 75th percentile
$204k
$223k
Base
$155k
Bonus
Other
$2k
Benefits
$28k
Lineman
Highest Compensated Employee
Median to 75th percentile
$181k
$198k
Base
$147k
Bonus
Other
$1k
Benefits
$28k
Director of Operations
Median to 75th percentile
$164k
$179k
Base
$127k
Bonus
Other
$2k
Benefits
$14k
President
25th percentile to median
$49k
$53k
Director
Board Member
Median to 75th percentile
$45k
$50k
Director (jan-aug)
Board Member
Median to 75th percentile
$31k
$34k
Vice President
25th percentile to median
$26k
$28k
Director
Board Member
Median to 75th percentile
$24k
$26k
Director
Board Member
Median to 75th percentile
$22k
$24k
Director
Board Member
Median to 75th percentile
$19k
$21k
Director
Board Member
Median to 75th percentile
$18k
$19k
Director
Board Member
Median to 75th percentile
$18k
$19k
Director
Board Member
Median to 75th percentile
$17k
$19k
Secretary/treasurer
Officer (Unspecified)
$15k
$17k
Director (sep-dec)
Board Member
10th to 25th percentile
$3k
$3k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

FAQ

Common questions about WELLS RURAL ELECTRIC COMPANY

What does the Chief Executive Officer of WELLS RURAL ELECTRIC COMPANY earn?

In 2023, the Chief Executive Officer of WELLS RURAL ELECTRIC COMPANY received $423,392 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WELLS RURAL ELECTRIC COMPANY compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at WELLS RURAL ELECTRIC COMPANY falls in the top 10%.

What are WELLS RURAL ELECTRIC COMPANY's revenue and expenses?

In 2023, WELLS RURAL ELECTRIC COMPANY reported $50.2M in total revenue and $43.6M in total expenses on its IRS Form 990.

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