Barron Electric Cooperative

Organization Overview

Barron Electric Cooperative is located in Barron, WI. The organization was established in 1937. 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 12/2023, Barron Electric Cooperative employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barron Electric Cooperative 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, Barron Electric Cooperative generated $42.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $42.9m during the year ending 12/2023. While expenses have increased by 1.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE RELIABLE ELECTRIC ENERGY AND RELATED SERVICES TO MEMBERS UNDER COOPERATIVE PRINCIPLES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COOPERATIVE SOLD 365,792,982 KWH OF ELECTRICITY TO MEMBERS DURING 2023. IN CONNECTION WITH THE COOPERATIVE'S MISSION, THE COOPERATIVE CONTINUES TO PROVIDE RELIABLE, COMPETITIVELY PRICED ENERGY AND RELATED SERVICES TO CUSTOMERS ON A NOT-FOR-PROFIT BASIS AND MAXIMUM VALUE TO MEMBERS CONSISTENT WITH THE WISE USE OF RESOURCES AND TECHNOLOGY.


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Board, Officers & Key Employees

Name (title)Compensation
Randy Cook
President
$16,082
Michael Baker
Vice President
$13,192
Timothy Kessler
Treasurer
$12,214
Scott Warwick
Secretary
$13,839
Richard Bol
Director
$9,416
William Effertz
Director
$13,435

Outside Vendors & Contractors

Vendor Name (Service)Compensation
A-1 Power Llc
Plow Urd Services
$338,516
Push Inc
Plow Urd Services
$361,486
Jolma Electric
Pole Changes
$238,873
Zielie's Tree Service Inc
Tree Trimming
$1,219,215
Bull Dozin Inc
Substation Site Prep
$151,165
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$41,341,280
Investment income $30,668
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $31,432
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 $785
Miscellaneous Revenue$0
Total Revenue $42,885,692

Peer Organizations

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$60,694,805
Southwestern Electric Cooperative Inc
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Beltrami Electric Cooperative
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$62,489,239
Linn County Rural Electric Cooperative Association
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$63,258,366
Cherryland Electric Co Op
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Peninsula Generation Cooperative
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Lake Region Electric Cooperative
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North West Rural Electric Cooperative
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District Energy St Paul Inc
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$61,525,227

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