MENARD ELECTRIC COOPERATIVE (EIN 370413095) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1936

Legal Domicile

Principal Officer

ALISHA ANKER

Phone

2176327746

Tax Period

2024-01-01 to 2024-12-31

MENARD ELECTRIC COOPERATIVE, founded in 1936, is a mid-sized nonprofit that reported $34.0M in total revenue in fiscal year 2024.

Mission

TO PROVIDE RELIABLE ELECTRIC SERVICE AT A REASONABLE COST WITH CONCERN FOR THE SAFETY AND WELL-BEING OF THE MEMBERS, THE EMPLOYEES, AND THE COMMUNITIES OF THE COOPERATIVE.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $201,545

Program Service Revenue $33,629,013

Investment Income $115,541

Other Revenue $12,397

TOTAL REVENUE $33,958,496

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $1,524,799

Fundraising Expenses $0

Other Expenses $28,942,168

TOTAL EXPENSES $33,756,951

Year-over-Year Comparison

	2024	2023	Change
Revenue	$33,958,496	$35,313,108	0.0%
Expenses	$33,756,951	$35,313,108	0.0%
Net Income	$201,545	N/A	N/A

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

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

$463,713

Total Directors

$60,293

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALISHA ANKER	GENERAL MANAGER	40.00	Officer	$226,374	$98,989	$325,363
PATRICIA MICHAELS	Director of Member Services	40.00	Highest	$147,259	$88,675	$235,934
ROBERT W HANNER	AREA SERVICEMAN B2	49.00	Highest	$157,032	$35,058	$192,090
Jeremy J Willis	Crew Leader	48.00	Highest	$148,156	$42,944	$191,100
Austin M Harvey	Journeyman	46.00	Highest	$139,405	$19,868	$159,273
Kyle M Hill	Journeyman	44.00	Highest	$139,222	$18,591	$157,813
JULIE ATWATER	DIR ACCTG & FINANCE	40.00	Officer	$97,381	$40,969	$138,350
Lynn Frasco	Retired General Manager	0.00		$64,583	$0	$64,583
GARY HOLLOWAY	DIRECTOR	3.94	Director	$8,727	$0	$8,727
MICHAEL E PATRICK	DIRECTOR	4.09	Director	$8,477	$0	$8,477
WARREN D GOETSCH	DIRECTOR	4.02	Director	$7,227	$0	$7,227
D JAY FRYE	DIRECTOR	2.40	Director	$6,727	$0	$6,727
DENNIS M RYAN	DIRECTOR	2.42	Director	$6,477	$0	$6,477
GARY L MARTIN	DIRECTOR	2.97	Director	$6,227	$0	$6,227
DONALD E MCMILLAN	DIRECTOR	4.92	Director	$5,882	$0	$5,882
STEVE WORNER	DIRECTOR	2.29	Director	$5,227	$0	$5,227
JODINE L TATE	DIRECTOR	1.94	Director	$3,477	$0	$3,477
Rex Muir	Director	1.81	Director	$1,845	$0	$1,845

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
2024	$33,958,496	$33,756,951	$90,023,143	$201,545
2023	$35,313,108	$35,313,108	$86,529,247	No data
2022	$31,796,337	$31,796,337	$79,932,930	No data
2022	$31,796,337	$31,796,337	$79,932,930	No data
2021	$31,370,231	$31,370,231	$75,632,998	No data
2020	$30,149,419	$30,149,419	$73,989,187	No data

MENARD ELECTRIC COOPERATIVE