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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Wells Rural Electric Company

Wells Rural Electric Company

Fiscal year ending 2018. Filed on November 7, 2019.

PO Box 365
Wells, Nevada 89835

Wells Rural Electric Company (EIN: 88-0086059) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Wells Rural Electric Company, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 67 total employees. Among the employees shown here, the average compensation is $225,549. The highest compensated employee at Wells Rural Electric Company is Clay R Fitch with fiscal year 2018 compensation of $367,668.

Revenue, expenses, and employee compensation

Revenue

$45,364,476

Expenses

$45,239,451

Employee compensation

$6,244,396
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Clay R Fitch
Chief Executive Officer
$367,668
$264,953 No related comp$102,715
Hank James
MGR CORP Services
$240,196
$171,658 No related comp$68,538
Michael P Cromie
Chief Strategy Officer
$238,181
$154,435 No related comp$83,746
Zane Peters
Journeyman Lineman
$227,031
$167,420 No related comp$59,611
Jeffery R Cromie
Chief Operating Officer
$215,184
$146,532 No related comp$68,652
William R Welsh
Chief Financial Officer
$198,353
$107,322 No related comp$91,031
Kyle Murphy
Line Foreman
$189,518
$133,714 No related comp$55,804
Jacob Manning
Line Foreman
$185,028
$129,573 No related comp$55,455
Jake Wines
Journeyman Lineman
$168,784
$135,073 No related comp$33,711

Benchmark Employee Compensation

Non-Employee Board Members

Scott Egbert
President
$44,760
$44,760 No related compNo other comp
Gerald Anderson
Vice President
$37,007
$37,007 No related compNo other comp
Lois Nannini
Director
$34,100
$34,100 No related compNo other comp
Robert Wilcox
Director
$31,836
$31,836 No related compNo other comp
Orlin Kidner
Director
$25,736
$25,736 No related compNo other comp
M Jonathan Dahl
Secretary and Treasurer
$20,325
$20,325 No related compNo other comp
Kirk Dahl
Director
$19,725
$19,725 No related compNo other comp
Jim Whited
Director
$19,100
$19,100 No related compNo other comp
Fred Montes de, Oca
Director
$18,462
$18,462 No related compNo other comp
Bruce Widmer
Director
$6,425
$6,425 No related compNo other comp
Howard Wright
Director (Jan-Sep)
$2,902
$2,902 No related compNo other comp
Ouida Madison
Director
$600
$600 No related compNo other comp

Contractors

Western Line Builders
Line Construction
$581,490
High Energy Engineering
Consulting/Engineering
$126,872
Chavira Tree Trimming
Tree Trimming
$101,549

Mission Statement

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.

Revisions to this organization profile

November 17, 2025:
2024 Wells Rural Electric Company 990 filed
November 16, 2024:
2023 Wells Rural Electric Company 990 filed
November 6, 2023:
2022 Wells Rural Electric Company 990 filed

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