OSCEOLA ELECTRIC COOPERATIVE INC (EIN 420451575) - Form 990 Financial Analysis & Trantor Score

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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

JEFFERY TENNAPEL

Phone

7127542519

Tax Period

2024-01-01 to 2024-12-31

OSCEOLA ELECTRIC COOPERATIVE INC, founded in 1938, is a community nonprofit that reported $10.0M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $9.6M left a modest 4% surplus.

Mission

RURAL ELECTRIC COOPERATIVE THAT PROVIDES ELECTRIC SERVICE TO ITS MEMBERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $9,898,549

Investment Income $53,829

Other Revenue $15,513

TOTAL REVENUE $9,967,891

Expense Breakdown

Grants Paid $13,772

Salaries & Benefits $992,774

Fundraising Expenses $0

Other Expenses $8,201,990

TOTAL EXPENSES $9,588,214

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,967,891	$8,860,104	+0.1%
Expenses	$9,588,214	$8,527,231	+0.1%
Net Income	$379,677	$332,873	+0.1%

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

$281,384

Total Directors

$42,950

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRENCE CLARK	PRESIDENT	3.60	Officer Director	$7,725	$0	$7,725
DEAN HASPELS	SECRETARY/TREASURER	3.10	Officer Director	$6,650	$0	$6,650
STEVEN VOSS	DIRECTOR (UNTIL FEB 2024)	1.60	Director	$500	$0	$500
ADAM HOEKSTRA	DIRECTOR	3.00	Director	$5,300	$0	$5,300
DEREK ACKERMAN	VICE PRESIDENT	2.40	Officer Director	$4,775	$0	$4,775
DANIEL HEILMAN	DIRECTOR	3.20	Director	$6,850	$0	$6,850
DOUGLAS ROTH	DIRECTOR	3.10	Director	$6,025	$0	$6,025
LINDSAY WATTERSON	DIRECTOR (BEG MAR 2024)	3.00	Director	$5,125	$0	$5,125
JEFF TENNAPEL	EXECUTIVE VP/GENERAL MANAGER	40.00	Officer	$164,094	$98,140	$262,234
TOMMY STOREY JR	LINE FOREMAN	40.00	Highest	$117,256	$58,797	$176,053
LANCE GROEN	CREW LEADER	40.00	Highest	$110,006	$37,973	$147,979
ROBERT LOUIS	JOURNEYMAN LINEMAN	40.00	Highest	$104,412	$29,394	$133,806

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	$9,967,891	$9,588,214	$22,969,717	$379,677
2023	$8,860,104	$8,527,231	$21,723,724	$332,873
2022	$7,017,092	$6,652,728	$19,132,234	$364,364
2021	$7,106,487	$6,870,651	$18,189,667	$235,836
2020	$6,879,803	$6,692,639	$18,379,078	$187,164
2019	$7,387,920	$7,044,271	$17,347,723	$343,649
2018	$7,556,507	$7,200,657	$16,864,431	$355,850

OSCEOLA ELECTRIC COOPERATIVE INC