Wyrulec Company
- Assets
- $51.9m
- Revenue
- $21.2m
- Investments
- $17.0k
- Employees
- 25
- Location
- Torrington, WY
- Founding
- 08/1938
- Data as of
- 12/2023
- EIN
- 83-0157475
Organization Overview
Wyrulec Company is located in Torrington, WY. The organization was established in 1938. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Wyrulec Company employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wyrulec Company 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 12/2023, Wyrulec Company generated $21.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $20.9m during the year ending 12/2023. While expenses have increased by 1.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ELECTRICITY TO RURAL MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED ELECTRICITY TO RURAL MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
S Ryan Schilreff General Manager | Officer | 45 | $172,054 |
Deaver Arrants Line Superintenden | 44 | $119,084 | |
Miles Duffy Ops Manager | 45 | $107,023 | |
Ben J Hager Journeyman Lineman | 44 | $105,439 | |
Dennis Duffield Jr Foreman | 43 | $109,371 | |
Travis Gaukel Journeyman Lineman | 44 | $104,244 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Esc Engineering Inc Engineering Consultant | 12/30/21 | $115,845 |
Addison Construction Company Construction Contractor | 12/30/21 | $378,444 |
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 | $20,815,568 |
| Investment income | $404,505 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,557 |
| Net Gain/Loss on Asset Sales | $13,180 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,241,113 |
| 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 | $1,556,259 |
| Compensation of current officers, directors, key employees. | $302,735 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,829,528 |
| Pension plan accruals and contributions | $368,961 |
| Other employee benefits | $502,256 |
| Payroll taxes | $151,726 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,748 |
| Fees for services: Accounting | $13,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $31,193 |
| Office expenses | $164,189 |
| Information technology | $47,265 |
| Royalties | $0 |
| Occupancy | $96,195 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $77,195 |
| Interest | $736,427 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,405,417 |
| Insurance | $104,311 |
| All other expenses | -$3,275,571 |
| Total functional expenses | $20,918,491 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,516 |
| Savings and temporary cash investments | $4,824,280 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,703,931 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $54,134 |
| Inventories for sale or use | $1,081,157 |
| Prepaid expenses and deferred charges | $299,464 |
| Net Land, buildings, and equipment | $31,090,803 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $17,022 |
| Investments—program-related | $12,754,269 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $51,905,576 |
| Accounts payable and accrued expenses | $1,980,122 |
| 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 | $17,863,271 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,357,267 |
| Total liabilities | $24,200,660 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $6,870 |
| Paid-in or capital surplus, or land, building, or equipment fund | $23,351,755 |
| Retained earnings, endowment, accumulated income, or other funds | $4,346,291 |
| Total liabilities and net assets/fund balances | $51,905,576 |