McDonough Power Cooperative Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1938

Legal Domicile

Principal Officer

Robert M Smith

Phone

3098332101

Tax Period

2025-01-01 to 2025-12-31

McDonough Power Cooperative Inc, founded in 1938, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $14.5M in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

McDonough Power Cooperative is a member-owned and locally controlled cooperative business whose mission is to provide high quality electric and related services in a safe, reliable and financially responsible manner for the betterment of the membership and the area it serves.

Program Service Accomplishments

Program 1

McDonough Power Cooperative supplies electric power to members in portions of Fulton, Hancock, Henderson, Knox, McDonough, Schuyler and Warren counties in West-Central Illinois. More than 5,000...

McDonough Power Cooperative supplies electric power to members in portions of Fulton, Hancock, Henderson, Knox, McDonough, Schuyler and Warren counties in West-Central Illinois. More than 5,000 households and businesses receive power from McDonough Power.

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Trantor Score

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

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $14,397,685

Investment Income $36,316

Other Revenue $46,635

TOTAL REVENUE $14,480,636

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,413,939

Fundraising Expenses $0

Other Expenses $11,919,018

TOTAL EXPENSES $14,480,636

Year-over-Year Comparison

	2025	2024	Change
Revenue	$14,480,636	$12,887,511	+0.1%
Expenses	$14,480,636	$12,887,511	+0.1%
Net Income	$0	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

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

$522,912

Total Directors

$50,896

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert M Smith	CEO	40.00	Officer	$189,805	$142,333	$332,138
Doug Bear	Line Superintendent	40.00	Highest	$129,986	$101,875	$231,861
Tracy Camden	CFO	40.00	Officer	$138,096	$52,678	$190,774
Joseph Wernsman	Journeyman Lineman	43.00	Highest	$118,862	$43,158	$162,020
Hunter Maxwell	Journeyman Lineman	45.00	Highest	$129,519	$24,964	$154,483
Gabe Williams	Journeyman Lineman	44.00	Highest	$120,928	$29,736	$150,664
Riley Entwistle	Journeyman Lineman	44.00	Highest	$123,885	$25,168	$149,053
David Lueck	Director	2.00	Director	$8,073	$0	$8,073
Steve Hall	Director	1.00	Director	$6,650	$0	$6,650
Walter Lewis	Director	2.00	Director	$6,600	$0	$6,600
Michael Cox	Director	1.00	Director	$6,523	$0	$6,523
Jeffrey Moore	Director	1.00	Director	$5,700	$0	$5,700
Ryan Litchfield	Director	1.00	Director	$5,100	$0	$5,100
Bryson Bedwell	Director	1.00	Director	$4,300	$0	$4,300
Courtney Chandler	Director	1.00	Director	$4,150	$0	$4,150
Robert Dwyer	Director	1.00	Director	$3,800	$0	$3,800

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	$14,480,636	$14,480,636	$40,733,238	No data
2024	No data	No data	No data	No data
2023	$12,806,237	$12,806,237	$36,265,528	No data
2022	$12,205,957	$12,205,957	$34,272,689	No data
2021	$12,220,126	$12,220,126	$32,292,237	No data
2020	$11,525,492	$11,525,492	$31,341,652	No data
2019	$11,984,881	$11,984,881	$30,844,070	No data
2018	$11,867,248	$11,867,248	$29,266,371	No data