VALLEY ELECTRIC ASSOCIATION INC

As filed

Subsection

12

Street

PO BOX 237

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• VALLEY ELECTRIC CHARITABLE FOUNDATION

  EIN 26-3157116

Mission and programs · 2024

• PROVIDING ELECTRIC ENERGY TO OUR MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 25,236 ACTIVE SERVICES AT YEAR END.

• PRIOR TO THE MEMBERSHIP APPROVED BYLAW AMENDMENTS IN 2018, THE COOPERATIVE PROVIDED INTERNET/BROADBAND SERVICES TO ALL SUBSCRIBERS ON A NON-PATRONAGE AND UNRELATED BUSINESS INCOME BASIS. ONE OF THE MEMBERSHIP APPROVED BYLAW AMENDMENTS IS TO PROVIDE INTERNET/BROADBAND SERVICES TO MEMBERS ON A PATRONAGE, NONPROFIT BASIS. THEREFORE, THE COOPERATIVE HAS EXPANDED ITS EXEMPT PURPOSES TO INCLUDE THE PROVISION OF INTERNET/BROADBAND SERVICES TO MEMBERS ON A PATRONAGE BASIS. SUCH SERVICES CONTINUE TO BE PROVIDED TO NON-MEMBERS ON A NON-PATRONAGE BASIS. THERE WERE 11,092 ACTIVE SERVICES AT YEAR END.

• SOLPOWER AND SOLPOWER CAPITAL (SOLPOWER) ARE WHOLLY OWNED SUBSIDIARIES OF VEA; SOLPOWER WAS FORMED IN 2020 TO PROVIDE SOLAR POWER SERVICES TO MEMBERS OF VEA.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $102,012,938

  Expenses

  $102,038,970

  Contributions

  $0

  Grants paid

  $169,205

• 2023

  Revenue

  $117,610,413

  Expenses

  $102,271,901

  Contributions

  $0

  Grants paid

  $159,241

• 2022

  Revenue

  $99,856,868

  Expenses

  $95,729,830

  Contributions

  $0

  Grants paid

  $83,448

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $92,074,698

  Expenses

  $105,291,692

  Assets (EOY)

  $316,968,401

• 2020 · 990

  Revenue

  $87,791,167

  Expenses

  $90,305,837

  Assets (EOY)

  $336,046,613

• 2019 · 990

  Revenue

  $84,469,530

  Expenses

  $89,328,449

  Assets (EOY)

  $340,298,816

• 2018 · 990

  Revenue

  $111,954,876

  Expenses

  $126,137,918

  Assets (EOY)

  $355,506,263

• 2014 · 990

  Revenue

  $70,099,579

  Expenses

  $70,099,579

  Assets (EOY)

  $334,468,173

• 2013 · 990

  Revenue

  $71,402,107

  Expenses

  $71,402,107

  Assets (EOY)

  $328,366,631

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $59,797,769

  Assets (EOY)

  $232,814,500

• 2011 · 990

  Revenue

  — not reported

  Expenses

  $54,468,714

  Assets (EOY)

  $192,051,257

• 2010 · 990

  Revenue

  — not reported

  Expenses

  $49,345,103

  Assets (EOY)

  $165,733,580

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

• VALLEY ELECTRIC CHARITABLE FOUNDATION

  $7,791

  2024 · DOLLY PARTON LIBRARY DONATION

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files