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Filing year 2023

WELLS RURAL ELECTRIC COMPANY

Wells, Nevada·EIN 88-0086059·12
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 · Schedule J · 23 reported individuals · Filing year 2023

Chief Executive Officer
$423k
$463k
Base
$285k
Bonus
Other
$31k
Benefits
$31k
Director of Admin & Power Supply
director (operational)
$276k
$302k
Base
$131k
Bonus
Other
$9k
Benefits
$39k
Director of Strategy & Development
$249k
$272k
Base
$147k
Bonus
$6k
Other
$8k
Benefits
$2k
Director of Planning
director (operational)
$244k
$267k
Base
$159k
Bonus
$3k
Other
$1k
Benefits
$35k
Troubleman
highest compensated employee
$223k
$244k
Base
$164k
Bonus
Other
$2k
Benefits
$37k
Foreman
highest compensated employee
$216k
$236k
Base
$149k
Bonus
Other
$148
Benefits
$37k
Director of Acct, Finance, & HR
$210k
$230k
Base
$117k
Bonus
Other
$10k
Benefits
$29k
Foreman
highest compensated employee
$205k
$225k
Base
$145k
Bonus
Other
$2k
Benefits
$35k
Foreman
highest compensated employee
$204k
$223k
Base
$155k
Bonus
Other
$2k
Benefits
$28k
Lineman
highest compensated employee
$181k
$198k
Base
$147k
Bonus
Other
$1k
Benefits
$28k
Director of Operations
$164k
$179k
Base
$127k
Bonus
Other
$2k
Benefits
$14k
$49k
$53k
Director
board member
$45k
$50k
Director (jan-aug)
board member
$31k
$34k
Vice President
vice president
$26k
$28k
Director
board member
$24k
$26k
Director
board member
$22k
$24k
Director
board member
$19k
$21k
Director
board member
$18k
$19k
Director
board member
$18k
$19k
Director
board member
$17k
$19k
Secretary/treasurer
officer (unspecified)
$15k
$17k
Director (sep-dec)
board member
$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.

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