Nonprofit · EIN 84-0294734
POUDRE VALLEY RURAL ELECTRIC ASSOCIATION INC
Tax-exempt · FORT COLLINS, CO 80528
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $163,409,500 | $155,265,148 | $8,144,352 | $337,797,925 | $192,341,686 | $145,456,239 |
| December 31, 2023 | 990 | $144,834,186 | $143,630,718 | $1,203,468 | $319,164,671 | $181,737,152 | $137,427,519 |
| December 31, 2021 | 990 | $140,582,834 | $138,032,245 | $2,550,589 | $298,239,792 | $162,410,119 | $135,829,673 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $163,015,363
- Investment income
- $394,137
- Net gain from sales of assets
- $118,362
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $2,233,235
- Compensation of officers, directors and key employees
- $1,621,364
- Other salaries and wages
- $9,793,054
- Salaries, compensation and benefits (total)
- $11,414,418
- Professional fundraising fees
- $0
- Depreciation
- $8,435,714
Balance sheet and other
- Total assets, start of year
- $319,164,671
- Total assets, end of year
- $337,797,925
- Total liabilities, end of year
- $192,341,686
- Net assets, end of year
- $145,456,239
- Land, buildings and equipment
- $216,104,552
- Gross receipts
- $163,409,500
- Employees
- 104
- Volunteers
- 0
- Year formed
- 1939
- State of legal domicile
- CO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFFREY WADSWORTH | PRESIDENT & CEO Officer | 50 | $533,174 | $129,671 |
| JOHN BOWERFIND | EXECUTIVE VP/ENGINEERING & GRID ADVANCEMENT Highest-paid employee | 50 | $272,521 | $184,812 |
| JOSHUA NOEL | TECHNOLOGY & ENERGY RESOURCES Highest-paid employee | 50 | $262,005 | $156,233 |
| AMY TAHHAN | MEMBER AND GOVERNMENT Highest-paid employee | 50 | $249,799 | $160,425 |
| BENJAMIN LUDINGTON | SAFETY/HUMAN RESOURCE Highest-paid employee | 50 | $265,617 | $129,395 |
| AMY MAHON | CFO Officer | 50 | $244,689 | $120,366 |
| MICHELLE PERZEE | VP HUMAN RESOURCES & SAFETY Key employee | 50 | $231,474 | $123,990 |
| TROY RICHTER | ENGINEERING DIRECTOR Highest-paid employee | 50 | $219,941 | $109,082 |
| BRYAN EHRLICH | VICE CHAIR Trustee or director, Officer | 8 | $30,400 | $0 |
| JAN PETERSON | DIRECTOR Trustee or director | 8 | $29,200 | $0 |
| PETER HYLAND | CHAIR Trustee or director, Officer | 5 | $26,800 | $0 |
| JACK SCHNEIDER | DIRECTOR Trustee or director | 7 | $26,800 | $0 |
| RICK JOHNSON | DIRECTOR Trustee or director | 8 | $26,800 | $0 |
| SHERYL DRYER HENDERSON | DIRECTOR Trustee or director | 4 | $26,000 | $0 |
| THAINE MICHIE | SECRETARY Trustee or director, Officer | 4 | $25,600 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE ANDERSON | DIRECTOR Trustee or director | 5 | $25,200 |
| RONALD SUTHERLAND | DIRECTOR Trustee or director | 3 | $21,200 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFFREY WADSWORTH | PRESIDENT & CEO Officer | 50 | $533,968 | $131,550 |
| JOHN BOWERFIND | EXECUTIVE VP/ENGINEERING & GRID ADVANCEMENT Highest-paid employee | 50 | $276,733 | $107,932 |
| BENJAMIN LUDINGTON | SAFETY/HUMAN RESOURCE Highest-paid employee | 50 | $224,745 | $94,879 |
| AMY TAHHAN | MEMBER AND GOVERNMENT Highest-paid employee | 50 | $221,174 | $97,338 |
| JOSHUA NOEL | TECHNOLOGY & ENERGY RESOURCES Highest-paid employee | 50 | $238,234 | $79,445 |
| AMY MAHON | CFO Officer | 50 | $214,857 | $74,917 |
| TROY RICHTER | ENGINEERING DIRECTOR Highest-paid employee | 50 | $179,683 | $75,325 |
| JAN PETERSON | DIRECTOR Trustee or director | 8 | $29,200 | $0 |
| BRYAN EHRLICH | DIRECTOR Trustee or director | 8 | $28,800 | $0 |
| JACK SCHNEIDER | DIRECTOR, VICE CHAIR Trustee or director, Officer | 7 | $28,000 | $0 |
| PETER HYLAND | DIRECTOR, SECRETARY Trustee or director, Officer | 5 | $26,000 | $0 |
| STEVE ANDERSON | DIRECTOR, CHAIR Trustee or director, Officer | 5 | $24,400 | $0 |
| THAINE MICHIE | DIRECTOR Trustee or director | 4 | $23,600 | $0 |
| RICK JOHNSON | DIRECTOR Trustee or director | 8 | $23,200 | $0 |
| SHERYL DRYER HENDERSON | DIRECTOR Trustee or director | 4 | $22,400 | $0 |
| RONALD SUTHERLAND | DIRECTOR Trustee or director | 3 | $20,800 | $0 |
990 for the year ended December 31, 2021: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFFREY C WADSWORTH | PRESIDENT & CEO Officer | 50 | $437,856 | $145,431 |
| LISA E WRIGHT | VP & CFO Officer | 50 | $221,788 | $125,124 |
| JOHN BOWERFIND | VP & COO Highest-paid employee | 50 | $219,365 | $106,229 |
| JOSHUA A NOEL | VP & IT/STRATEGY Highest-paid employee | 50 | $219,648 | $90,552 |
| AMY TAHHAN | VP & MEMBER AND GOVERNMENT RELATIONS THRU 11/2021 Highest-paid employee | 50 | $196,441 | $108,239 |
| BENJAMIN JAMES LUDINGTON MR | VP & SAFETY/HUMAN RESOURCES Highest-paid employee | 50 | $157,680 | $87,931 |
| TROY EVERETT RICHTER | ENGINEERING DIRECTOR Highest-paid employee | 50 | $154,759 | $76,455 |
| RICK JOHNSON | DIRECTOR, VICE CHAIR Trustee or director, Officer | 8 | $26,883 | $0 |
| JACK SCHNEIDER | DIRECTOR Trustee or director | 4 | $24,633 | $0 |
| BRYAN EHRLICH | DIRECTOR Trustee or director | 7 | $22,583 | $0 |
| JAN PETERSON | DIRECTOR Trustee or director | 5 | $20,933 | $0 |
| STEVE ANDERSON | DIRECTOR, CHAIR Trustee or director, Officer | 5 | $19,683 | $0 |
| PETER HYLAND | DIRECTOR, SECRETARY Trustee or director, Officer | 5 | $19,083 | $0 |
| THAINE MICHIE | DIRECTOR Trustee or director | 5 | $18,783 | $0 |
| RON SUTHERLAND | DIRECTOR Trustee or director | 6 | $14,983 | $0 |
| SHERYL DRYER HENDERSON | DIRECTOR Trustee or director | 4 | $13,700 | $0 |
| JIM FENDER | DIRECTOR THRU 4/1/2022 Trustee or director | 10 | $5,433 | $0 |
Address and contacts
- Address (IRS master file)
- 7649 REA PKWY, FORT COLLINS, CO 80528-8957
- In care of
- % ACCOUNTING
- Principal officer (990 for 2024)
- JEFFREY WADSWORTH, 7649 REA PARKWAY, FORT COLLINS, CO 80528
- Signed the 990
- AMY MAHON, VICE PRESIDENT / CFO
- Phone
- (970) 226-1234
- Website
- WWW.PVREA.COOP
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
WE ARE COMMITTED TO PROVIDING SAFE, RELIABLE, EFFICIENT ENERGY SOLUTIONS WITH EXCEPTIONAL SERVICE TO OUR MEMBERS.
Program accomplishments
- SOLD ELECTRICITY TO RURAL MEMBERS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-0294734
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1940
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $337,797,925
- Income (IRS master file)
- $163,409,500
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $163,409,500 | $155,265,148 | $337,797,925 | XML |
| 990 | December 2023 | $144,834,186 | $143,630,718 | $319,164,671 | XML |
| 990 | December 2022 | $141,282,483 | $141,075,780 | $304,533,135 | IRS |
| 990 | December 2021 | $140,582,834 | $138,032,245 | $298,239,792 | XML |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-0294734).
Questions about POUDRE VALLEY RURAL ELECTRIC ASSOCIATION INC
- What is the EIN of POUDRE VALLEY RURAL ELECTRIC ASSOCIATION INC?
- The employer identification number (EIN) of POUDRE VALLEY RURAL ELECTRIC ASSOCIATION INC is 84-0294734.
- Is POUDRE VALLEY RURAL ELECTRIC ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1940.
- Are donations to POUDRE VALLEY RURAL ELECTRIC ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does POUDRE VALLEY RURAL ELECTRIC ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of POUDRE VALLEY RURAL ELECTRIC ASSOCIATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did POUDRE VALLEY RURAL ELECTRIC ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of POUDRE VALLEY RURAL ELECTRIC ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names JEFFREY WADSWORTH.
- Who are the officers and directors of POUDRE VALLEY RURAL ELECTRIC ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 17 people; 17 received compensation from the organization, the highest $533,174 (JEFFREY WADSWORTH, PRESIDENT & CEO).
- How much revenue does POUDRE VALLEY RURAL ELECTRIC ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $163,409,500, expenses of $155,265,148 and total assets of $337,797,925 at year end.
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