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Nonprofiteer
← WASHINGTON ELECTRIC COOPERATIVE INC

Form 990 for tax year 2025

Filed by WASHINGTON ELECTRIC COOPERATIVE INC.

Totals

Total revenue
$24,881,718
Total expenses
$23,651,588
Contributions and grants received
$0
Grants paid
$19,588
Program service revenue
$23,792,458
Investment income
$88,502
Other revenue
$1,000,758
Total assets, end of year
$75,012,388
Total liabilities, end of year
$44,389,639
Net assets or fund balances, end of year
$30,622,749
Program services expenses (Part IX)
$23,651,588
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$23,651,588

Program services were 100.0% 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.

  • 2a · Program service revenue: SALE OF ELECTRICITY

    total $23,792,458 · related or exempt $23,792,458

  • 3 · Investment income

    total $87,534 · excluded $87,534

  • 6a · Gross rents

    real property $350,115

  • 6c · Rental income or loss

    real property $350,115

  • 6d · Net rental income or loss

    total $350,115 · excluded $350,115

  • 7a · Gross sales of assets other than inventory

    securities $3,871

  • 7b · Less cost or other basis and sales expenses

    securities $2,903

  • 7c · Gain or loss

    securities $968

  • 7d · Net gain or loss

    total $968 · related or exempt $968

  • 11a · Other revenue: PATRONAGE CAP FROM ASSOC ORG

    total $650,643 · excluded $650,643

  • 11e · Other revenue, total

    $650,643

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $11,063 · program services $11,063

  • 2 · Grants to domestic individuals

    total $8,525 · program services $8,525

  • 5 · Compensation of officers, directors and key employees

    total $264,206 · program services $264,206

  • 7 · Other salaries and wages

    total $1,566,081 · program services $1,566,081

  • 8 · Pension plan contributions

    total $466,894 · program services $466,894

  • 9 · Other employee benefits

    total $501,388 · program services $501,388

  • 10 · Payroll taxes

    total $149,665 · program services $149,665

  • 11a · Fees: management

    total $54,571 · program services $54,571

  • 11b · Fees: legal

    total $5,782 · program services $5,782

  • 11c · Fees: accounting

    total $26,600 · program services $26,600

  • 11g · Fees: other

    total $6,050 · program services $6,050

  • 12 · Advertising and promotion

    total $2,246 · program services $2,246

  • 13 · Office expenses

    total $185,501 · program services $185,501

  • 14 · Information technology

    total $199,827 · program services $199,827

  • 17 · Travel

    total $47,444 · program services $47,444

  • 19 · Conferences, conventions and meetings

    total $44,189 · program services $44,189

  • 20 · Interest

    total $1,379,627 · program services $1,379,627

  • 22 · Depreciation, depletion and amortization

    total $2,300,249 · program services $2,300,249

  • 23 · Insurance

    total $92,232 · program services $92,232

  • 24a · Other expenses: COST OF POWER

    total $11,823,693 · program services $11,823,693

  • 24b · Other expenses: DISTRIBUTION - MAINTENANC

    total $2,315,079 · program services $2,315,079

  • 24c · Other expenses: DISTRIBUTION - OPERATION

    total $1,009,950 · program services $1,009,950

  • 24d · Other expenses: ALL OTHER EXPENSES

    total $639,483 · program services $639,483

  • 24e · All other expenses

    total $551,243 · program services $551,243

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,681,939 · end of year $2,003,386

  • 4 · Accounts receivable

    beginning of year $5,040,115 · end of year $4,153,479

  • 8 · Inventories for sale or use

    beginning of year $815,427 · end of year $745,861

  • 9 · Prepaid expenses and deferred charges

    beginning of year $136,833 · end of year $672,782

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

    $78,406,096

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

    $20,178,173

  • 10c · Land, buildings and equipment, net

    beginning of year $56,103,643 · end of year $58,227,923

  • 12 · Investments: other securities

    beginning of year $9,065,524 · end of year $9,208,957

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,522,237 · end of year $3,938,022

  • 23 · Secured mortgages and notes payable

    beginning of year $39,535,952 · end of year $40,451,617

  • 31 · Retained earnings, endowment or other funds

    beginning of year $29,785,292 · end of year $30,622,749

Mission and programs · 2025

Mission

PROVIDING ELECTRIC POWER TO COOPERATIVE MEMBERS.

  • RURAL DISTRIBUTION OF ELECTRIC ENERGY AND RELATED SERVICES TO 10,540 CONSUMER ACCOUNTS.

    Expenses $23,651,588 · Grants $19,588 · Revenue $23,793,426

As filed on the 2025 return.

Listed in Part VII

  • Jeffrey Triplett

    GENERAL MGR/

    Total calculated
    $310,890
    From this org
    $219,806
    From related orgs
    $0
    Other
    $91,084
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $219,806
    Bonus
    not reported
    Other
    not reported
    Deferred
    $55,504
    Nontaxable benefits
    $35,580
    Filer's total
    $310,890

  • Jamie Hummerich

    CONSTRUCTION

    Total calculated
    $197,826
    From this org
    $142,840
    From related orgs
    $0
    Other
    $54,986
    Hours/week
    47

    Schedule J breakdown matched by us

    Base
    $142,840
    Bonus
    not reported
    Other
    not reported
    Deferred
    $25,810
    Nontaxable benefits
    $29,176
    Filer's total
    $197,826

  • Dakota Hornak

    LINEMAN 1ST

    Total calculated
    $189,350
    From this org
    $139,024
    From related orgs
    $0
    Other
    $50,326
    Hours/week
    47

    Schedule J breakdown matched by us

    Base
    $139,024
    Bonus
    not reported
    Other
    not reported
    Deferred
    $24,788
    Nontaxable benefits
    $25,538
    Filer's total
    $189,350

  • Ross Wallace

    LINEMAN 1ST

    Total calculated
    $189,001
    From this org
    $130,393
    From related orgs
    $0
    Other
    $58,608
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $130,393
    Bonus
    not reported
    Other
    not reported
    Deferred
    $25,536
    Nontaxable benefits
    $33,072
    Filer's total
    $189,001

  • Tyler Bullock

    LINEMAN 1ST

    Total calculated
    $186,566
    From this org
    $135,565
    From related orgs
    $0
    Other
    $51,001
    Hours/week
    47

    Schedule J breakdown matched by us

    Base
    $135,565
    Bonus
    not reported
    Other
    not reported
    Deferred
    $24,716
    Nontaxable benefits
    $26,285
    Filer's total
    $186,566

  • Cody Bush

    LINEMAN 1ST

    Total calculated
    $170,635
    From this org
    $129,501
    From related orgs
    $0
    Other
    $41,134
    Hours/week
    46

    Schedule J breakdown matched by us

    Base
    $129,501
    Bonus
    not reported
    Other
    not reported
    Deferred
    $24,716
    Nontaxable benefits
    $16,418
    Filer's total
    $170,635

  • Brent Smith

    1ST VICE CHA

    Total calculated
    $8,106
    From this org
    $8,100
    From related orgs
    $0
    Other
    $6
    Hours/week
    4.8

  • Betty Martin

    SECRETARY/TR

    Total calculated
    $7,206
    From this org
    $7,200
    From related orgs
    $0
    Other
    $6
    Hours/week
    5.8 + 3 related

  • Gale Depuy

    ASST. SEC./T

    Total calculated
    $6,606
    From this org
    $6,600
    From related orgs
    $0
    Other
    $6
    Hours/week
    4

  • Brian Carter

    TRUSTEE

    Total calculated
    $6,006
    From this org
    $6,000
    From related orgs
    $0
    Other
    $6
    Hours/week
    4.7

  • Paul Fleeman

    CHAIRMAN

    Total calculated
    $6,006
    From this org
    $6,000
    From related orgs
    $0
    Other
    $6
    Hours/week
    4.3

  • Larry Ullman

    TRUSTEE

    Total calculated
    $5,704
    From this org
    $5,700
    From related orgs
    $0
    Other
    $4
    Hours/week
    4.5

  • Allen Miller

    TRUSTEE

    Total calculated
    $4,404
    From this org
    $4,400
    From related orgs
    $0
    Other
    $4
    Hours/week
    4

  • William Bowersock

    TRUSTEE (RET

    Total calculated
    $401
    From this org
    $400
    From related orgs
    $0
    Other
    $1

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
2025
Filed
14 July 2026
IRS schema version
2025v4.0
Source object
202611959349300221

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