Overview

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Est.

1941

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Withlacoochee River Electric Cooperative Inc is a nonprofit organization dedicated to providing public utility services to its members, with a mission to deliver the best possible service at the lowest cost. In the 2024 fiscal year, the cooperative operates with an operating budget of $552.6 million and total revenue of $601.2 million, with a significant portion of its funding coming from various sources, including an unidentified funder contributing $244.8K. The organization is committed to serving its community and ensuring reliable access to essential services, as detailed on their website, www.wrec.net.

Mission Statement

THE GOAL OF THE COOPERATIVE IS TO PROVIDE EACH OF ITS MEMBERS THE BEST POSSIBLE SERVICE AT THE LOWEST COST.
Revenues
$601.2M
Expenses
$576M
Net Income:
+$25.3M
Assets
$1.5B
Liabilities
$794M
Net Assets:
+$707.3M
Operating Budget
$552.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$200
Largest grant received
$200
A
Alan Hengesbach
Board Member
T
Terrence Schrader
Board Member
P
Paul Little
Board Member

Frequently Asked Questions

What is WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC’s budget?
In 2024, WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC reported an annual operating budget of around $552.6 million. More detailed financial information is available to registered users.
What causes does WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC support?
WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC supports work in Public utilities.
Where does WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC operate?
WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC is headquartered in DADE CITY, FL.
Who funded WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC recently?
In 2014, WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC received grants from FIRST AUROVEDA FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC received in 2014?
The largest grant to WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE INC in 2014 exceeds <$1,000.