Consolidated Electric Cooperative (EIN 430226184) - 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

Lynn Thompson

Phone

5735813630

Tax Period

2024-01-01 to 2024-12-31

Consolidated Electric Cooperative, founded in 1938, is a mid-sized nonprofit that reported $29.4M in total revenue in fiscal year 2024.

Mission

To provide its member-owners with quality, reliable electric and related services consistent with sound business practices on a cooperative basis

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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 $29,146,481

Investment Income $310,725

Other Revenue $-19,157

TOTAL REVENUE $29,438,049

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,460,043

Fundraising Expenses $0

Program Expenses $29,438,049

Other Expenses $24,041,641

TOTAL EXPENSES $29,438,049

Year-over-Year Comparison

	2024	2023	Change
Revenue	$29,438,049	$27,546,564	+0.1%
Expenses	$29,438,049	$25,872,483	+0.1%
Net Income	$0	$1,674,081	-1.0%

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

$493,534

Total Directors

$59,895

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lynn Thompson	CEO	42.00	Officer	$231,934	$75,836	$307,770
Troy Crum	Ops Mgr	43.00	Highest	$146,697	$60,613	$207,310
Melanie Oetting	Mgr Admin Svcs	41.00	Highest	$134,836	$54,979	$189,815
Christa Baumhoer	CFO	41.00	Officer	$130,872	$54,892	$185,764
Jared Nelson	Mgr New Const	43.00	Highest	$135,206	$36,288	$171,494
Brandon Crawford	Journeyman	46.00	Highest	$131,335	$38,006	$169,341
Paul Johannaber	Journeyman	45.00	Highest	$129,922	$38,732	$168,654
Shera Dameron	Secretary	2.00	Director	$9,166	$0	$9,166
Nancy Cobb	Director	2.00	Director	$7,566	$0	$7,566
Patty Fisher	Director	2.00	Director	$7,266	$0	$7,266
James Ebbesmeyer	President	3.00	Director	$6,966	$0	$6,966
William Deichman	Director	1.00	Director	$6,366	$0	$6,366
Michael Curtis	Director	1.00	Director	$5,566	$0	$5,566
Russell Thomas	Treasurer	1.00	Director	$5,566	$0	$5,566
Mike VanMaanen	Vice President	2.00	Director	$5,566	$0	$5,566
William Sonwalt	Director	1.00	Director	$4,339	$0	$4,339
Monte Buck	Director	1.00	Director	$1,528	$0	$1,528

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	$29,438,049	$29,438,049	$75,378,057	No data
2023	$27,546,564	$25,872,483	$70,988,644	$1,674,081
2022	$25,940,298	$25,459,193	$68,636,077	$481,105
2021	$25,548,026	$24,069,247	$67,513,704	$1,478,779
2020	$25,662,543	$23,966,512	$63,599,315	$1,696,031
2019	$26,326,240	$24,883,148	$59,769,849	$1,443,092
2018	$26,550,507	$25,402,520	$57,320,274	$1,147,987

Consolidated Electric Cooperative