Midwest Energy Inc

Organization Overview

Midwest Energy Inc is located in Hays, KS. The organization was established in 1985. 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, Midwest Energy Inc employed 308 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midwest Energy Inc 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, Midwest Energy Inc generated $242.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $242.7m during the year ending 12/2021. While expenses have increased by 2.1% 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

MIDWEST ENERGY'S MISSION IS TO: -PROVIDE SAFE, RELIABLE AND EFFICIENT ENERGY SERVICES -DELIVER INNOVATIVE, AFFORDABLE AND ENVIRONMENTALLY SOUND SOLUTIONS

Describe the Organization's Program Activity:

Part 3 - Line 4a

SERVE APPROXIMATELY 50,000 ELECTRIC AND 42,000 NATURAL GAS CUSTOMERS IN CENTRAL AND WESTERN KANSAS.


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Board, Officers & Key Employees

Name (title)Compensation
Patrick Parke
CEO
$371,787
William Dowling
VP Engineering & Energy Supply
$253,011
Fredrick Taylor
VP Operations
$218,770
Timothy Flax
VP It
$212,310
Robert Muirhead
Secretary
$204,869
Thomas S Meis
VP Finance, CFO
$202,928

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Par Electrical Contractors Inc
Line Construction
$4,892,137
Roy Construction Co
Substation Construction
$2,394,928
Burns & Mcdonnell
Engineering
$1,201,277
North American Energy Services
Power Plant Management & Staffing
$1,881,402
Valmont Substations Llc
Substation Construction
$1,449,745
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$241,906,525
Investment income $202,671
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $242,109,196

Grants Awarded

Over the last fiscal year, Midwest Energy Inc has awarded $24,886 in support to 2 organizations.

Grant RecipientAmount

ELLIS COUNTY UNITED WAY

Org PageRecipient Profile

Hays, KS

PURPOSE: Fund local non-profit agencies

$14,886

HEARTLAND COMMUNITY FOUNDATION

Org PageRecipient Profile

Salina, KS

PURPOSE: fund grants to non-profits

$10,000
View Grant Profile

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