CRAWFORD ELECTRIC COOPERATIVE (EIN 430230792) - 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

1940

Legal Domicile

Principal Officer

TERRY GORDON

Phone

5737324415

Tax Period

2024-01-01 to 2024-12-31

CRAWFORD ELECTRIC COOPERATIVE, founded in 1940, is a mid-sized nonprofit that reported $41.5M in total revenue in fiscal year 2024.

Mission

TO ENHANCE THE QUALITY OF RURAL LIFE FOR OUR MEMBER-OWNERS AND THEIR COMMUNITIES.

🔒

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 $39,972,395

Investment Income $245,845

Other Revenue $1,237,187

TOTAL REVENUE $41,455,427

Expense Breakdown

Grants Paid $0

Salaries & Benefits $630,995

Fundraising Expenses $0

Other Expenses $39,385,511

TOTAL EXPENSES $40,511,416

Year-over-Year Comparison

	2024	2023	Change
Revenue	$41,455,427	$38,774,124	+0.1%
Expenses	$40,511,416	$37,889,038	+0.1%
Net Income	$944,011	$885,086	+0.1%

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

$611,980

Total Directors

$233,485

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM COTTRELL	PRESIDENT	4.10	Officer Director	$31,389	$0	$31,389
GARY MULLEN	TREASURER	4.00	Officer Director	$31,989	$0	$31,989
JOSEPH CASON	BOARD MEMBER	4.50	Director	$29,289	$0	$29,289
DEBBIE WILLETTE	VICE PRESIDENT	5.00	Officer Director	$28,689	$0	$28,689
RICK ADAMS	BOARD MEMBER	2.80	Director	$9,195	$0	$9,195
DOUGLAS MURPHY	BOARD MEMBER	2.00	Director	$8,904	$0	$8,904
JUSTIN BLANKENSHIP	BOARD MEMBER	3.50	Director	$34,293	$0	$34,293
JAMES BIERMANN	SECRETARY	2.90	Officer Director	$27,289	$0	$27,289
JANET MORROW	BOARD MEMBER	10.20	Director	$32,448	$0	$32,448
ANTHONY MALLORY	CEO/GENERAL MANAGER	40.00	Officer	$198,904	$116,387	$315,291
KEVIN ULRICH	MANAGER OF ACCOUNTING & OF	40.00	Officer	$128,009	$49,324	$177,333
KURTIS REED	OPERATIONS & ENG MGR	40.51	Highest	$171,533	$55,268	$226,801
JASON KISNER	LEAD LINEMAN	52.65	Highest	$164,872	$39,828	$204,700
CLAYTON LONG	LEAD LINEMAN	52.37	Highest	$157,270	$35,230	$192,500
JC BECKETT	JOURNEYMAN LINEMAN	53.85	Highest	$157,258	$37,189	$194,447

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	$41,455,427	$40,511,416	$114,728,112	$944,011
2023	$38,774,124	$37,889,038	$111,501,918	$885,086
2022	$36,970,490	$36,573,880	$112,610,574	$396,610
2021	$35,230,456	$34,204,144	$106,361,654	$1,026,312
2020	$36,273,756	$34,044,313	$101,458,963	$2,229,443
2019	$36,601,683	$34,520,240	$99,874,330	$2,081,443
2018	$36,129,990	$33,762,883	$96,851,685	$2,367,107

CRAWFORD ELECTRIC COOPERATIVE