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← WYOMING RURAL ELECTRIC ASSN

Form 990 for tax year 2024

Filed by WYOMING RURAL ELECTRIC ASSN.

Totals

Total revenue
$937,890
Total expenses
$1,050,278
Contributions and grants received
$916,663
Grants paid
$0
Program service revenue
$0
Investment income
$12,800
Other revenue
$8,427
Total assets, end of year
$794,230
Total liabilities, end of year
$119,233
Net assets or fund balances, end of year
$674,997
Program services expenses (Part IX)
$459,724
Management and general expenses
$590,554
Fundraising expenses
$0
Program service expenses (Part III)
$459,724

Program services were 43.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $849,561

  • 1e · Government grants (contributions)

    $41,047

  • 1f · All other contributions, gifts and grants

    $26,055

  • 3 · Investment income

    total $12,800 · excluded $12,800

  • 6a · Gross rents

    real property $7,200

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $7,200

  • 6d · Net rental income or loss

    total $7,200 · related or exempt $7,200

  • 11a · Other revenue: OTHER INCOME

    total $1,227 · related or exempt $1,227

  • 11e · Other revenue, total

    $1,227

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $193,831 · management and general $193,831

  • 7 · Other salaries and wages

    total $74,388 · management and general $74,388

  • 8 · Pension plan contributions

    total $7,701 · management and general $7,701

  • 9 · Other employee benefits

    total $105,802 · management and general $105,802

  • 10 · Payroll taxes

    total $20,675 · management and general $20,675

  • 11b · Fees: legal

    total $71,643 · management and general $71,643

  • 11c · Fees: accounting

    total $10,879 · management and general $10,879

  • 11d · Fees: lobbying

    total $50,640 · program services $50,640

  • 12 · Advertising and promotion

    total $19,984 · program services $19,984

  • 13 · Office expenses

    total $4,688 · management and general $4,688

  • 16 · Occupancy

    total $17,073 · management and general $17,073

  • 17 · Travel

    total $33,669 · program services $13,021 · management and general $20,648

  • 19 · Conferences, conventions and meetings

    total $3,140 · management and general $3,140

  • 22 · Depreciation, depletion and amortization

    total $4,106 · management and general $4,106

  • 23 · Insurance

    total $10,384 · management and general $10,384

  • 24a · Other expenses: PUBLICATIONS

    total $284,228 · program services $265,738 · management and general $18,490

  • 24b · Other expenses: EDUCATION EXPENSE

    total $100,619 · program services $100,619

  • 24c · Other expenses: COMPUTER SERVICES

    total $9,147 · management and general $9,147

  • 24d · Other expenses: AUDIT

    total $7,000 · management and general $7,000

  • 24e · All other expenses

    total $20,681 · program services $9,722 · management and general $10,959

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $383,647 · end of year $177,243

  • 2 · Savings and temporary cash investments

    beginning of year $157,450 · end of year $319,902

  • 4 · Accounts receivable

    beginning of year $90,185 · end of year $132,577

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,805 · end of year $6,399

  • 10a · Land, buildings and equipment: cost or other basis

    $262,234

  • 10b · Land, buildings and equipment: accumulated depreciation

    $131,834

  • 10c · Land, buildings and equipment, net

    beginning of year $134,506 · end of year $130,400

  • 15 · Other assets

    beginning of year $28,514 · end of year $27,709

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,042 · end of year $11,998

  • 25 · Other liabilities

    beginning of year $1,680 · end of year $107,235

  • 27 · Net assets without donor restrictions

    beginning of year $764,726 · end of year $640,022

  • 28 · Net assets with donor restrictions

    beginning of year $22,659 · end of year $34,975

Mission and programs · 2024

Mission

THE WYOMING RURAL ELECTRIC ASSOCIATION EXISTS TO LEAD, UNIFY, AND SUPPORT THE EFFORTS OF OUR MEMBER ELECTRIC COOPERATIVES.

Activities or mission (Part I)

TO PROVIDE, DEVELOP AND ENCOURAGE VARIOUS SERVICES AND PROGRAMS TO ELEVEN (11) RURAL ELECTRIC UTILITY COOPERATIVES OPERATING IN RURAL WYOMING.

  • WREA PROMOTES LEADERSHIP AND CIVIC AWARENESS AMONG YOUNG PEOPLE AND IS ACTIVELY INVOLVED IN THE ENERGY SHARE PROGRAM. WREA SERVES AS A UNITED REPRESENTATIVE FOR ITS MEMBERS, PROMOTING COOPERATIVE PRINCIPALS AND RURAL ELECTRIFICATION IN WYOMING. WREA LOBBIES ON BEHALF OF ITS MEMBER COOPERATIVES IN REGULATORY MATTERS AND LEGISLATIVE ISSUES AT STATE AND NATIONAL LEVELS. WREA PUBLISHES THE WYOMING RURAL ELECTRIC NEWS (THE WREN MAGAZINE) WHICH IS MAILED TO RURAL ELECTRIC CO-OP MEMBERS MONTHLY EXCEPT IN JANUARY. WREA PROVIDES EDUCATIONAL SEMINARS FOR DIRECTORS AND EMPLOYEES THROUGHOUT THE YEAR. IT CO-SPONSORS THE CODY HOTLINE SCHOOL AND THE ANNUAL LINEMAN SCHOLARSHIP GOLF TOURNAMENT.

    Expenses $459,724 · Revenue $8,427

As filed on the 2024 return.

Listed in Part VII

  • John Joyce

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Sandra Hranchak

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Ben Scott

    SECRETARY & TREASURER

    Total calculated
    $0
    Hours/week
    1
  • JD Wasserburger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Julie Kilty

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gary Nix

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Baker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ruth Rees

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Roger Cox

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bret Gardner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bob McLaurin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mike Lohse

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mike Romsa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Scott Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Shawn Taylor

    EXECUTIVE DIRECTOR

    Total calculated
    $247,843
    From this org
    $193,831
    From related orgs
    $0
    Other
    $54,012
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $193,831
    Bonus
    $0
    Other
    $0
    Deferred
    $5,266
    Nontaxable benefits
    $48,746
    Filer's total
    $247,843

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
6 October 2025
IRS schema version
2024v5.2
Source object
202542889349302299

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