GUERNSEY-MUSKINGUM ELECTRIC COOP

EIN: 314197135

New Concord, OH

Total Revenue
$47,300,013
Total Expenses
$43,972,625
Total Assets
$114,155,194
Net Assets
$56,486,070
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1938
Legal Domicile
OH
Principal Officer
Kenneth Tolliver
Phone
7408267661
Tax Period
2025-01-01 to 2025-12-31

GUERNSEY-MUSKINGUM ELECTRIC COOP, founded in 1938, is a mid-sized nonprofit that reported $47.3M in total revenue in fiscal year 2025. Expenses of $44.0M left a modest 7% surplus.

Mission

The Cooperative operates on a non-profit basis and accounts on patronage basis to all its patrons for all amounts received and receivable from furnishing of electric and other services in excess of cost and expenses with understanding they are furnished by patrons as capital

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $45,923,776
Investment Income $379,776
Other Revenue $996,461
TOTAL REVENUE $47,300,013

Expense Breakdown

Grants Paid $6,100
Salaries & Benefits $4,628,788
Fundraising Expenses $0
Program Expenses $0
Other Expenses $39,337,737
TOTAL EXPENSES $43,972,625

Year-over-Year Comparison

2025 2024 Change
Revenue $47,300,013 $44,358,064 +0.1%
Expenses $43,972,625 $41,273,992 +0.1%
Net Income $3,327,388 $3,084,072 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
43
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$333,982
Total Directors
0
$0
Key Employees
2
$429,050
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brian Hill Former General Manager/CEO 40
$377,534 $25,654 $403,188
Kenneth Tolliver General Manager/CEO 40
Officer
$226,138 $66,839 $292,977
Andy Bone Controller 40
Key Emp
$157,478 $61,844 $219,322
James B West Operations Manager 40
Key Emp
$148,551 $61,177 $209,728
Susan L Harper Director 10.2
$14,950 $0 $14,950
Maureen Riley Secretary-Treasury 9.5
Officer
$14,755 $0 $14,755
Jay Gray Director 9.5
$14,370 $0 $14,370
Matt Carpenter Chairman 8.3
Officer
$13,910 $0 $13,910
Mark Gotschall Director 7.7
$12,630 $0 $12,630
Edward G Bay Vice Chair 7.4
Officer
$12,340 $0 $12,340
A Duane Parks Director 5.8
$10,750 $0 $10,750
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $47,300,013 $43,972,625 $114,155,194 $3,327,388
2024 $44,358,064 $41,273,992 $111,509,409 $3,084,072
2023 $40,992,240 $37,397,539 $99,471,162 $3,594,701
2022 $40,642,443 $37,930,000 $96,496,641 $2,712,443
2021 $38,264,005 $35,749,759 $95,596,998 $2,514,246
2020 $36,924,566 $33,868,012 $95,420,824 $3,056,554
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GUERNSEY-MUSKINGUM ELECTRIC COOP with other nonprofits in Ohio and across the country.