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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 2021. Filed on November 15, 2022.

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 2021 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 67 total employees. Among the employees shown here, the average compensation is $234,116. The highest compensated employee at Wells Rural Electric Company is Clay R Fitch with fiscal year 2021 compensation of $419,878.

Revenue, expenses, and employee compensation

Revenue

$46,093,733

Expenses

$45,197,497

Employee compensation

$5,602,965
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Clay R Fitch
Chief Executive Officer
$419,878
$299,029 No related comp$120,849
Thad Ballard
Director of Admin and Power Supply
$297,900
$126,097 No related comp$171,803
Jeffery R Cromie
Director Member Services
$262,404
$142,889 No related comp$119,515
Ryan Brodsho
Operations Director
$241,784
$129,563 No related comp$112,221
Kyle Murphy
Line Foreman
$207,163
$138,752 No related comp$68,411
Zane Peters
Lineman
$205,724
$134,616 No related comp$71,108
Jacob Manning
Line Foreman
$181,821
$130,869 No related comp$50,952
Joseph Payne
Lineman
$179,055
$126,931 No related comp$52,124
James Wines
Line Foreman
$173,519
$130,837 No related comp$42,682
Cynthia Good
Director of Accounting, FIN, and HR
$171,910
$99,356 No related comp$72,554

Benchmark Employee Compensation

Non-Employee Board Members

Scott Egbert
President
$43,194
$43,194 No related compNo other comp
Gerald Anderson
Director
$36,086
$36,086 No related compNo other comp
Lois Nannini
Director
$26,056
$26,056 No related compNo other comp
Orlin Kidner
Director
$24,108
$24,108 No related compNo other comp
Robert Wilcox
Director
$19,645
$19,645 No related compNo other comp
M Jonathan Dahl
Vice President
$17,625
$17,625 No related compNo other comp
Ouida Madison
Director
$15,607
$15,607 No related compNo other comp
Kirk Dahl
Director
$15,400
$15,400 No related compNo other comp
Alfred Montes de, Oca
Director
$15,400
$15,400 No related compNo other comp
Bruce Widmer
Director
$15,400
$15,400 No related compNo other comp
Jim Whited
Secretary and Treasurer
$15,400
$15,400 No related compNo other comp
Tony MacIas
Director (Sept-Dec)
$4,200
$4,200 No related compNo other comp

Contractors

Power Engineers Inc.
Engineering/Environmental Consulting
$276,008
Efficiency Services
Various
$257,275
Navco Construction
Excavation
$183,200
Western Line Builders
Line Construction
$176,045
High Energy Engineering
Consulting/Engineering
$147,978

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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