Wabash Valley Power Association Inc

Organization Overview

Wabash Valley Power Association Inc, operating under the name Wabash Valley Power Alliance, is located in Indianapolis, IN. The organization was established in 1973. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Wabash Valley Power Alliance employed 116 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wabash Valley Power Alliance is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Wabash Valley Power Alliance generated $757.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $744.5m during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WABASH VALLEY POWER ASSOCIATION, INC. IS AN ELECTRIC GENERATION AND TRANSMISSION COOPERATIVE WHICH EXISTS TO SUPPLY AND DELIVER WHOLESALE POWER TO MEET THE NEEDS OF ITS ELECTRIC DISTRIBUTION COOPERATIVE MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE EXEMPT PURPOSE OF WABASH VALLEY POWER ASSOCIATION, INC. IS TO PROVIDE ELECTRICITY TO ITS MEMBERS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Burns & Mcdonnell Engineering Company I
Construction Services
$10,571,943
Linetec Services Llc
Construction Services
$9,800,524
Duke Energy Indiana Llc
Management Fees
$9,094,079
Macallister Machinery Co Inc
Construction Services
$3,539,219
Waste Management Of Indiana Llc
Management Fees
$4,193,377
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$750,306,350
Investment income $7,429,711
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $9,710
Net Gain/Loss on Asset Sales -$293,238
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $757,452,533

Create an account to unlock the data you need.

or