LYON-LINCOLN ELECTRIC COOPERATIVE (EIN 410387084) - 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

1939

Legal Domicile

Principal Officer

TIMOTHY O'LEARY

Phone

5072475505

Tax Period

2024-01-01 to 2024-12-31

LYON-LINCOLN ELECTRIC COOPERATIVE, founded in 1939, is a mid-sized nonprofit that reported $12.0M in total revenue in fiscal year 2024.

Mission

TO PROVIDE ELECTRICITY TO RURAL AREAS.

🔒

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 $0

Program Service Revenue $11,800,719

Investment Income $161,928

Other Revenue $1,104

TOTAL REVENUE $11,963,751

Expense Breakdown

Grants Paid $6,677

Salaries & Benefits $2,152,628

Fundraising Expenses $0

Other Expenses $8,963,271

TOTAL EXPENSES $11,963,751

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,963,751	$11,756,903	+0.0%
Expenses	$11,963,751	$11,756,903	+0.0%
Net Income	$0	$0	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

$462,599

Total Directors

$72,450

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DALE FIER	PRESIDENT	5.00	Officer Director	$7,500	$0	$7,500
MIKE LONGTIN	VICE PRESIDENT	5.00	Officer Director	$8,575	$0	$8,575
KATHLEEN SCHREURS	SECRETARY & TREASURER	5.00	Officer Director	$10,175	$0	$10,175
JARED DRITZ	DIRECTOR	2.00	Director	$4,225	$0	$4,225
GALEN GRANT	DIRECTOR	6.00	Director	$9,250	$0	$9,250
MARY GUNNINK	DIRECTOR	4.00	Director	$8,250	$0	$8,250
SCOTT JOHNSON	DIRECTOR	2.00	Director	$5,025	$0	$5,025
JAMES A ROKEH	DIRECTOR	8.00	Director	$9,875	$0	$9,875
JOEL BUYCK	DIRECTOR	3.00	Director	$9,575	$0	$9,575
TIMOTHY O'LEARY	GENERAL MANAGER	40.00	Officer	$196,218	$104,086	$300,304
KRISTI JENSEN	FINANCE MANAGER	40.00	Officer	$123,858	$12,187	$136,045
LYLE LAMOTE	LINE SUPERINTENDENT	40.00	Highest	$114,351	$27,101	$141,452
WADE THOOFT	OPERATIONS ASSISTANT	40.00	Highest	$105,586	$61,201	$166,787
TRENT SKJEFTE	JOURNEYMAN LINEMAN	40.00	Highest	$102,572	$11,449	$114,021

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	$11,963,751	$11,963,751	$43,497,391	No data
2023	$11,756,903	$11,756,903	$42,853,772	No data
2022	$11,637,719	$11,637,719	$38,959,795	No data
2021	$10,989,124	$10,989,124	$38,532,722	No data
2020	$11,183,295	$11,183,295	$36,449,371	No data
2019	$11,597,304	$11,597,304	$35,659,009	No data
2018	$12,296,959	$12,296,959	$33,191,060	No data

LYON-LINCOLN ELECTRIC COOPERATIVE