Warren Rural Electric Cooperative Corporation
501(c)(12)
100% goes to programs Strong reserves Growing revenue
Warren Rural Electric Cooperative Corporation is a 501(c)(12) organization based in Bowling Green, Kentucky, registered in 1943, with $268,726,098 in FY2024 revenue. CharityIndex grades it A+, and it directs about 100% of spending to programs.
951 Fairview Ave, Bowling Green, KY, 42101 EIN 61-0375145 Since 1943
Revenue (FY2024)
$268.7M
▲ 11.3% vs prior year
Expenses (FY2024)
$256.8M
Net assets
$188.0M
Employees
173
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating100% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Warren Rural Electric Cooperative Corporation: 100% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Warren Rural Electric Cooperative Corporation: 9 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Warren Rural Electric Cooperative Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Warren Rural Electric Cooperative Corporation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
As a member-owned cooperative, warren recc will strive to meet the needs of its members, customers, and communities for up-to-date, reliable, and competitively-priced electricity and other utility services.
What they do
Warren recc is committed to providing energy-related services of superior value to improve the quality of life for our customers and the communities we serve. safety, integrity, quality and innovationare are the guiding principles behind our efforts to fulfill our committment of reliable performance and excellent service.
Contact & location
- Address
- 951 Fairview Ave, Bowling Green, KY, 42101
- City
- Bowling Green
- State
- Kentucky
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $184.1M (FY2013) to $268.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $205.8MNet assets $188.0M
Operating margin
4.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$393.8M
Total liabilities
$205.8M
Net assets
$188.0M
Salaries & benefits
$15.7M
6% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $268,726,098▲11.3% | $256,829,803▲9.8% | $188,006,611▲7.1% | $393,826,110▲5.5% | 990 |
| 2023 | $241,435,915▼1.2% | $233,885,640▼0.1% | $175,490,395▲4.8% | $373,261,510▲7.4% | 990 |
| 2022 | $244,265,812▲7.8% | $234,118,303▲10.9% | $167,454,875▲6.8% | $347,495,705▲8.0% | 990 |
| 2021 | $226,511,221▲11.3% | $211,036,516▲11.1% | $156,725,406▲14.2% | $321,679,939▲15.4% | 990 |
| 2020 | $203,443,021▲1.5% | $189,978,049▲1.2% | $137,208,987▲11.3% | $278,710,355▲5.9% | 990 |
| 2019 | $200,501,344▼0.2% | $187,752,205▼5.7% | $123,293,171▲12.1% | $263,294,140▲10.0% | 990 |
| 2018 | $200,912,621▲1.4% | $199,156,587▲4.1% | $110,014,926▲2.0% | $239,314,200▲4.5% | 990 |
| 2017 | $198,076,067▲4.4% | $191,236,785▲5.2% | $107,895,750▲7.3% | $229,067,008▲9.0% | 990 |
| 2016 | $189,793,509▲9.3% | $181,818,088▲6.7% | $100,567,748▲14.4% | $210,191,822▲6.4% | 990 |
| 2015 | $173,691,803▼4.7% | $170,450,147▼3.6% | $87,919,193▲3.8% | $197,572,879▼0.8% | 990 |
| 2014 | $182,207,139▼1.0% | $176,784,206▼1.3% | $84,666,548▲6.8% | $199,168,998▲1.5% | 990 |
| 2013 | $184,129,938 | $179,157,048▲3.8% | $79,241,483▲6.7% | $196,244,147▲2.9% | 990 |
| 2012 | — | $172,593,907▲3.3% | $74,273,236▲7.0% | $190,767,229▲0.3% | 990 |
| 2011 | — | $167,115,975 | $69,388,248 | $190,122,148 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Dewayne Mcdonald — $303,933 (0.12% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dewayne Mcdonald | President & Ceo | 40 | $303,933 |
| Charles Massey | Vp of Engineering & Operat | 40 | $210,152 |
| Mark Cardwell | Operations Supervisor | 40 | $180,285 |
| Patty Kantosky | Vp of Member Service & It | 40 | $177,010 |
| Andrew Lindsey | Sr. Manager of Engineering | 40 | $175,091 |
| Robert Hudnall | Operations Supervisor | 40 | $167,356 |
| Tony Cottrell | Vp of Hr and Safety | 40 | $164,857 |
| Amanda Hunley | Vp of Administrative Servi | 40 | $163,036 |
| Joshua Cavanah | Operations Supervisor | 40 | $160,921 |
| Chase Japp | Lineman | 40 | $153,185 |
| Corey Weaver | Vp of Operations | 40 | $136,958 |
| Dennis Ingram | Board Member | 11 | $28,941 |
| Tim Purcell | Board Member | 6 | $27,591 |
| Chris Gravil | Board Member | 6 | $26,241 |
| Pam Decker | Board Member | 6 | $26,241 |
| Tim Westbrook | Board Member | 6 | $25,491 |
| Thomas Dotson | Board Member | 8 | $24,891 |
| Randy Mann | Board Member | 3 | $24,591 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| A & G Tree Service Inc | Landscaping | $4,083,897 |
| Davis H Elliot Co Inc | Electrical Services | $3,190,737 |
| Pike Electric Inc | Electrical Services | $3,183,219 |
| Ervin Cable Construction LLC | Fiber Installation | $2,776,075 |
| Johnson Utility Solutions LLC | Utility Services | $1,845,340 |
Frequently asked questions
- Is Warren Rural Electric Cooperative Corporation a legitimate nonprofit?
- Yes. Warren Rural Electric Cooperative Corporation is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 61-0375145, based in Bowling Green, Kentucky.
- What is Warren Rural Electric Cooperative Corporation's EIN?
- Warren Rural Electric Cooperative Corporation's Employer Identification Number (EIN) is 61-0375145.
- How much revenue does Warren Rural Electric Cooperative Corporation report?
- Warren Rural Electric Cooperative Corporation reported $268,726,098 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Warren Rural Electric Cooperative Corporation's spending goes to programs?
- Warren Rural Electric Cooperative Corporation spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Warren Rural Electric Cooperative Corporation have?
- CharityIndex grades Warren Rural Electric Cooperative Corporation A+, based on program efficiency and fundraising cost.
- How much does Warren Rural Electric Cooperative Corporation's highest-paid employee make?
- The highest reported compensation on Warren Rural Electric Cooperative Corporation's latest Form 990 is $303,933, paid to Dewayne Mcdonald (President & Ceo).
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Data for Warren Rural Electric Cooperative Corporation (EIN 61-0375145) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.