Chariton Valley Electric Cooperative Inc (EIN 420625814) - 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

1945

Legal Domicile

Phone

6419327126

Tax Period

2024-01-01 to 2024-12-31

Chariton Valley Electric Cooperative Inc, founded in 1945, is a mid-sized nonprofit that reported $14.3M in total revenue in fiscal year 2024. Expenses of $13.8M left a modest 4% surplus.

Mission

TO PROVIDE PUBLIC UTILITY 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 $14,238,210

Investment Income $70,228

Other Revenue $36,232

TOTAL REVENUE $14,344,670

Expense Breakdown

Grants Paid $23,138

Salaries & Benefits $2,565,329

Fundraising Expenses $0

Program Expenses $0

Other Expenses $10,572,401

TOTAL EXPENSES $13,809,258

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,344,670	$13,986,496	+0.0%
Expenses	$13,809,258	$13,482,023	+0.0%
Net Income	$535,412	$504,473	+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

$423,628

Total Directors

$54,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARLA HEFFRON	TREASURER	6.0	Officer Director	$7,000	$0	$7,000
KENNETH VANDENBERG	PRESIDENT	4.0	Officer Director	$6,500	$0	$6,500
MARCHELLE BROWN	VICE PRESIDENT	7.0	Officer Director	$9,000	$0	$9,000
NORM MAJOR	SECRETARY	8.0	Officer Director	$5,000	$0	$5,000
DALE CLARK	DIRECTOR - BEGIN 08/2024	4.0	Director	$2,750	$0	$2,750
JERRY DURIAN	DIRECTOR	2.0	Director	$3,000	$0	$3,000
JOHN HOUSER	DIRECTOR	3.0	Director	$6,000	$0	$6,000
RANDY GOTTSCHALK	DIRECTOR	2.0	Director	$5,250	$0	$5,250
RICHARD WELSH	DIRECTOR	4.0	Director	$7,000	$0	$7,000
WESLEY GREEN	DIRECTOR - ENDED 08/2024	2.0	Director	$2,500	$0	$2,500
TROY AMOSS	CEO/GENERAL MANAGER	40.0	Officer	$164,642	$58,147	$222,789
TRUDY GRADE	FINANCE MANAGER	40.0	Officer	$129,200	$44,139	$173,339
JARED SHAW	LINE SUPERINTENDENT	40.0	Highest	$108,776	$41,278	$150,054
KILE OVERMEYER	LINE FOREMAN	42.0	Highest	$135,123	$39,814	$174,937
KYLE KIRCHNER	LINEMAN	40.0	Highest	$115,811	$30,275	$146,086
RYAN ROMANCO	LINEMAN	41.0	Highest	$125,436	$25,298	$150,734
TIM SCOTT	LINEMAN	40.0	Highest	$119,112	$38,462	$157,574

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	$14,344,670	$13,809,258	$46,481,779	$535,412
2023	$13,986,496	$13,482,023	$43,885,552	$504,473
2022	$13,135,106	$13,002,148	$43,233,896	$132,958
2021	$12,344,073	$11,802,930	$43,573,528	$541,143
2020	$11,842,370	$11,656,207	$43,582,508	$186,163
2019	$12,520,816	$12,094,603	$41,615,232	$426,213
2018	$12,890,520	$12,561,292	$36,570,391	$329,228

Chariton Valley Electric Cooperative Inc