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 12/2019, Wabash Valley Power Alliance employed 114 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 12/2019, Wabash Valley Power Alliance generated $652.2m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $627.1m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

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.


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Outside Vendors & Contractors

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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$647,834,415
Investment income $5,338,599
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $9,181
Net Gain/Loss on Asset Sales -$941,012
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $652,241,183

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