Welch Gas Cooperative Association

Organization Overview

Welch Gas Cooperative Association is located in Welch, WV. The organization was established in 1970. 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 06/2024, Welch Gas Cooperative Association employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Welch Gas Cooperative Association 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 06/2024, Welch Gas Cooperative Association generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

TO ENGAGE IN ANY ACTIVITY IN CONNECTION WITH OBTAINING AND SUPPLYING NATURAL GAS FOR THE MEMBERS OF THIS ASSOCIATION AND TO THAT END TO ENGAGE IN THE PRODUCTION, PURCHASING, AND DISTRIBUTION OF NATURAL GAS TO CONSTRUCT, MAINTAIN, OPERATE, AND ACQUIRE GAS TRANSMISSION LINES IN THE CITY OF WELCH AND NEARBY AREAS

Describe the Organization's Program Activity:

Part 3 - Line 4a

696 MEMBERS


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Board, Officers & Key Employees

Name (title)Compensation
Ronnie Clemins
President
$58,500
Danny Thornsbury
Vice President
$0
Linda Douglas
Director
$0
Donna Chinsolo
Director
$0
Scott Long
Director
$0
Michael Crouse
Director
$0

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$1,208,488
Investment income $2,124
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 $1,210,612

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