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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 2020. Filed on November 15, 2021.

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 2020 IRS Form 990 filing, Wells Rural Electric Company, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 10 out of 55 total employees. Among the employees shown here, the average compensation is $226,299. The highest compensated employee at Wells Rural Electric Company is Clay R Fitch with fiscal year 2020 compensation of $383,826.

Revenue, expenses, and employee compensation

Revenue

$45,000,714

Expenses

$45,091,659

Employee compensation

$4,997,594
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Clay R Fitch
Chief Executive Officer
$383,826
$271,155 No related comp$112,671
Thad Ballard
Director of Corporate Services
$245,138
$114,475 No related comp$130,663
Jeffery R Cromie
Chief Operating Officer
$233,065
$136,526 No related comp$96,539
Michael P Cromie
Chief Strategy Officer
$227,608
$133,395 No related comp$94,213
Ryan Brodsho
Line Superintendent
$220,028
$124,850 No related comp$95,178
Zane Peters
Journeyman Lineman
$212,787
$145,149 No related comp$67,638
Kyle Murphy
Line Foreman
$204,877
$143,783 No related comp$61,094
Jacob Manning
Line Foreman
$204,520
$132,740 No related comp$71,780
James Wines
Line Foreman
$178,906
$135,860 No related comp$43,046
Cynthia Good
Director of Accounting and Finance
$152,231
$89,307 No related comp$62,924

Benchmark Employee Compensation

Non-Employee Board Members

Scott Egbert
President
$35,368
$35,368 No related compNo other comp
Lois Nannini
Director
$31,112
$31,112 No related compNo other comp
Gerald Anderson
Vice President
$29,876
$29,876 No related compNo other comp
Robert Wilcox
Director
$29,437
$29,437 No related compNo other comp
Orlin Kidner
Director
$29,221
$29,221 No related compNo other comp
Jim Whited
Director
$16,800
$16,800 No related compNo other comp
Kirk Dahl
Director
$16,800
$16,800 No related compNo other comp
Fred Montes de, Oca
Director
$15,811
$15,811 No related compNo other comp
M Jonathan Dahl
Secretary and Treasurer
$13,952
$13,952 No related compNo other comp
Ouida Madison
Director
$5,260
$5,260 No related compNo other comp
Bruce Widmer
Director
$4,550
$4,550 No related compNo other comp

Contractors

Cooperative Business Solutions
Construction
$4,288,630
Western Line Builders
Line Construction
$135,686
High Energy Engineering
Consulting/Engineering
$113,782

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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