GREENVILLE, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DARKE RURAL ELECTRIC COOPERATIVE INC, founded in 1936, is a mid-sized nonprofit that reported $19.7M in total revenue in fiscal year 2024.
DARKE RURAL ELECTRIC COOPERATIVE, INC. IS AN ELECTRIC COOPERATIVE, PROVIDING ELECTRIC SERVICE TO OVER 4,370 MEMBERS IN DARKE, PREBLE AND MERCER COUNTIES IN OHIO.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $19,701,033 | $18,787,119 | +0.0% |
| Expenses | $19,701,033 | $18,787,119 | +0.0% |
| Net Income | $0 | $0 | N/A |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LARRY SCHOLL | LINEMAN | 46.90 |
Highest
|
$127,738 | $115,859 | $243,597 |
| JOHN BLINN | LINE FOREMAN | 41.5 |
Highest
|
$139,200 | $103,485 | $242,685 |
| TED HOLSAPPLE | CEO (Retired 1/3/25) | 45.5 |
Officer
|
$177,034 | $50,546 | $227,580 |
| ROY ENDICOTT SR | LINEMAN | 46.70 |
Highest
|
$131,726 | $81,948 | $213,674 |
| BRUCE BURKE | DIRECTOR OF ENGINEERING/IT | 51.1 |
Highest
|
$117,429 | $71,372 | $188,801 |
| BRAD FLORA | COO (assumed CEO role 1/3/25) | 44.0 |
Officer
|
$134,692 | $48,577 | $183,269 |
| NILES SWANK | DIRECTOR OF OPERATIONS | 41.50 |
Highest
|
$132,468 | $30,717 | $163,185 |
| PAM HOLSAPPLE | CFO | 41.0 |
Officer
|
$23,481 | $4,646 | $28,127 |
| TOD CARROLL | VICE PRESIDENT BOARD OF TRUSTEES | 5.0 |
Officer
Director
|
$10,500 | $0 | $10,500 |
| ROBERT GODOWN | TRUSTEE | 4.0 |
Director
|
$8,795 | $0 | $8,795 |
| MATT WEBSTER | PRESIDENT BOARD OF TRUSTEES | 4.0 |
Officer
Director
|
$8,590 | $0 | $8,590 |
| DAVID COONS | TRUSTEE | 4.0 |
Director
|
$7,920 | $0 | $7,920 |
| STEPHEN VANZANT | TRUSTEE | 4.0 |
Director
|
$7,870 | $0 | $7,870 |
| MICHELLE MARKER | SECRETARY & TREASURER BOARD OF TRUSTEES | 3.0 |
Officer
Director
|
$7,790 | $0 | $7,790 |
| AARON SIEFRING | TRUSTEE | 2.0 |
Director
|
$6,120 | $0 | $6,120 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $19,701,033 | $19,701,033 | $45,466,343 | No data |
| 2023 | $18,787,119 | $18,787,119 | $43,931,933 | No data |
| 2022 | $18,112,710 | $18,112,710 | $42,662,050 | No data |
| 2021 | $16,435,137 | $16,435,137 | $41,219,507 | No data |
| 2020 | $15,634,830 | $15,634,830 | $38,291,951 | No data |
| 2019 | $15,151,763 | $15,151,763 | $37,549,114 | No data |
| 2018 | $16,022,198 | $16,022,198 | $35,276,149 | No data |
Compare DARKE RURAL ELECTRIC COOPERATIVE INC with other nonprofits in Ohio and across the country.