Pierce-Pepin Cooperative Services
- Assets
- $45.6m
- Revenue
- $18.8m
- Investments
- $0.0
- Employees
- 43
- Location
- Ellsworth, WI
- Founding
- 02/1938
- Data as of
- 12/2021
- EIN
- 39-0539446
Organization Overview
Pierce-Pepin Cooperative Services is located in Ellsworth, WI. The organization was established in 1938. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2021, Pierce-Pepin Cooperative Services employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pierce-Pepin Cooperative Services 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, Pierce-Pepin Cooperative Services generated $18.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $18.8m during the year ending 12/2021. While expenses have increased by 1.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COOPERATIVE ELECTRIC ULILITY SALES TO ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED ELECTRICAL DISTRIBUTION TO OUR 7,804 MEMBER OWNERS USING OUR 1,355 MILES OF LINE WE MAINTAIN IN RURAL WISCONSIN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan Boettcher President/ce | Officer | 45 | $187,909 |
Jeffery Olson VP Engineeri | 40 | $142,895 | |
Brent Metcalf Vp/cfo | Officer | 40 | $124,834 |
Bradley Ristow VP Operation | 52.5 | $120,726 | |
Mark Anderson Vp/cfo | Officer | 46.5 | $100,287 |
Roger Wiff Chairman | OfficerTrustee | 8.23 | $11,600 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Conexon Llc Broadband Insta | 12/30/21 | $216,048 |
Tjader & Highstrom Utility Services Power Line Cons | 12/30/21 | $140,593 |
Kohnen Underground Utility Locating | 12/30/21 | $119,166 |
Zielie's Tree Service Maintenance | 12/30/21 | $408,626 |
Push Inc Construction | 12/30/21 | $110,852 |
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 | $18,818,901 |
| Investment income | $18,697 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$12,117 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,833,383 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $1,394,014 |
| Compensation of current officers, directors, key employees. | $483,613 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $600,957 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,808,368 |
| Insurance | $0 |
| All other expenses | $913,010 |
| Total functional expenses | $18,833,383 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $383,204 |
| Savings and temporary cash investments | $19,019 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,854,974 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $377,630 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $31,495,934 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $8,461,326 |
| Intangible assets | $0 |
| Other assets | $3,010,409 |
| Total assets | $45,602,496 |
| Accounts payable and accrued expenses | $1,279,029 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $15,837,838 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,059,038 |
| Total liabilities | $21,175,905 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $24,605,206 |
| Retained earnings, endowment, accumulated income, or other funds | -$178,615 |
| Total liabilities and net assets/fund balances | $45,602,496 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Imagine The Possibilities Inc Maquoketa, IA | $31,709,924 | $54,097,733 |
Operating Engineers Local 150 Apprenticeship Fund Countryside, IL | $65,849,227 | $38,699,525 |
W E Upjohn Unemployment Trustee Corporation Kalamazoo, MI | $279,939,178 | $28,869,507 |
Pierce-Pepin Cooperative Services Ellsworth, WI | $45,602,496 | $18,833,383 |
Alternative Services Inc Livonia, MI | $7,366,865 | $19,260,282 |
Employ Milwaukee Inc Milwaukee, WI | $5,350,025 | $18,087,018 |
Berrien-Cass-Vanburen Workforce Development Board Inc Benton Harbor, MI | $2,581,468 | $13,721,312 |
Ibew Local 701 Vacation Fund Warrenville, IL | $3,565,124 | $11,822,716 |
Wisconsin Operating Engineers Skill Improvement And Apprenticeship Fun Pewaukee, WI | $22,671,605 | $11,410,505 |
Iuoe & Assoc General Contractors Of Mn Apprentship & Training Program Hinckley, MN | $26,199,271 | $8,702,467 |
Apprentice And Journeymen Education And Training Trust Fund U/A 130 Chicago, IL | $39,945,456 | $7,959,512 |
International Union Of Operating Engineers Local 324 Health & Welfa Troy, MI | $11,444,859 | $7,479,654 |