#205 of 500 · Member & Benefit Funds

Wabash Valley Power Association Inc

EIN 35-1274565 · IN · NTEE n/a · Form 990, fiscal 2023

An electric generation and transmission cooperative headquartered in Indianapolis, Indiana. Founded in 1963, it provides wholesale electricity to 23 member distribution cooperatives across Indiana, Illinois, and Missouri, which together serve more than 300,000 homes and businesses. As a not-for-profit cooperative, it is owned by its member co-ops rather than shareholders.

Financials, fiscal 2023

Revenue

$787.7M

Expenses

$757.7M

Total assets

$1.56B

Net assets

$302.8M

Operating margin

3.8%

1-year growth

-15.7%

5-year growth (CAGR)

4.8%

Reserve (years of spending)

4.8

Contributions share

n/a

Programme spending

98.6%

Fundraising cost

n/a

Executive pay share

0.36%

Employees

121

Revenue per employee

$6.5M

Grants paid

n/a

Years filing

50

NFP Health Score: 65 / 100

Financial 49 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To provide affordable and reliable electricity to our members.

Revenue history