Wayne-white Counties Electric Cooperative
501(c)(12)
Only null% goes to programs Strong reserves Growing revenue
Wayne-white Counties Electric Cooperative is a 501(c)(12) organization based in Fairfield, Illinois, registered in 1938, with $51,968,144 in FY2024 revenue. CharityIndex grades it B.
Po Box E, Fairfield, IL, 62837 EIN 37-0574965 Since 1938
Revenue (FY2024)
$52.0M
▲ 3.9% vs prior year
Expenses (FY2024)
$47.4M
Net assets
$96.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for Wayne-white Counties Electric Cooperative— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating24 mo reserves · +9% 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 Wayne-white Counties Electric Cooperative: 24 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for Wayne-white Counties Electric Cooperative— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Wayne-white Counties Electric Cooperative: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $40.0M (FY2013) to $52.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $29.3MNet assets $96.4M
Operating margin
8.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$125.6M
Total liabilities
$29.3M
Net assets
$96.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $51,968,144▲3.9% | $47,365,143▲3.7% | $96,390,132▲2.9% | $125,643,064▲2.3% | 990 |
| 2023 | $50,033,585▲4.5% | $45,690,130▲4.4% | $93,709,429▲2.7% | $122,759,145▲4.1% | 990 |
| 2022 | $47,895,161▲6.8% | $43,745,152▲15.0% | $91,253,564▲1.2% | $117,874,701▲4.7% | 990 |
| 2021 | $44,850,282▲10.5% | $38,029,306▲4.1% | $90,134,118▲5.9% | $112,553,060▲3.9% | 990 |
| 2020 | $40,589,109▼10.7% | $36,538,295▼7.7% | $85,114,632▲2.0% | $108,372,008▲4.7% | 990 |
| 2019 | $45,434,530▼3.7% | $39,579,286▼4.0% | $83,424,241▲5.2% | $103,493,863▲3.2% | 990 |
| 2018 | $47,177,061▲5.3% | $41,245,654▲7.9% | $79,310,280▲6.2% | $100,240,723▲2.5% | 990 |
| 2017 | $44,819,031▲1.0% | $38,208,483▼0.5% | $74,692,856▲8.1% | $97,829,926▲4.6% | 990 |
| 2016 | $44,367,572▼5.5% | $38,403,744▼7.7% | $69,123,749▲7.6% | $93,509,335▲2.8% | 990 |
| 2015 | $46,967,583▲5.1% | $41,617,314▲5.9% | $64,237,895▲7.1% | $90,969,210▲1.8% | 990 |
| 2014 | $44,667,519▲11.7% | $39,305,752▲8.7% | $59,991,000▲8.4% | $89,317,052▲2.8% | 990 |
| 2013 | $40,003,586 | $36,165,350▼4.5% | $55,332,722▲5.7% | $86,860,688▲0.5% | 990 |
| 2012 | — | $37,887,559▲6.9% | $52,344,292▲3.8% | $86,427,086▼0.5% | 990 |
| 2011 | — | $35,447,152▲44.6% | $50,420,817▲6.7% | $86,863,366▲3.2% | 990 |
| 2010 | — | $24,519,304 | $47,271,424 | $84,173,129 | 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.
Grants received · $176K total
1 grant to Wayne-white Counties Electric Cooperative totaling $176K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Rural Utilities Cooperative Finance Corp | Ingegrity fund - territory threat | 2014 | $176,000 |
Frequently asked questions
- Is Wayne-white Counties Electric Cooperative a legitimate nonprofit?
- Yes. Wayne-white Counties Electric Cooperative is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 37-0574965, based in Fairfield, Illinois.
- What is Wayne-white Counties Electric Cooperative's EIN?
- Wayne-white Counties Electric Cooperative's Employer Identification Number (EIN) is 37-0574965.
- How much revenue does Wayne-white Counties Electric Cooperative report?
- Wayne-white Counties Electric Cooperative reported $51,968,144 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Wayne-white Counties Electric Cooperative have?
- CharityIndex grades Wayne-white Counties Electric Cooperative B, based on financial health (reserves and operating margin).
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Data for Wayne-white Counties Electric Cooperative (EIN 37-0574965) 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.