MISSOURI RURAL ELECTRIC COOPERATIVE (EIN 430416260) - 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

1936

Legal Domicile

Principal Officer

SHONDELL HAERR

Phone

5737692104

Tax Period

2024-01-01 to 2024-12-31

MISSOURI RURAL ELECTRIC COOPERATIVE, founded in 1936, is a mid-sized nonprofit that reported $22.0M in total revenue in fiscal year 2024.

Mission

THE PRIMARY EXEMPT PURPOSE OF THE COOPERATIVE IS TO PROVIDE ELECTRIC SERVICE TO ITS APPROXIMATELY 4,400 MEMBERS REPRESENTING 5,651 METERS IN FIVE COUNTIES IN NORTHEAST MISSOURI.

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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 $20,736,166

Investment Income $35,190

Other Revenue $1,260,826

TOTAL REVENUE $22,032,182

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $21,501,469

Other Expenses $20,664,217

TOTAL EXPENSES $21,501,469

Year-over-Year Comparison

	2024	2023	Change
Revenue	$22,032,182	$20,931,899	+0.1%
Expenses	$21,501,469	$20,604,528	+0.0%
Net Income	$530,713	$327,371	+0.6%

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

$35,700

Total Directors

$41,300

Key Employees

$384,978

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW HUDSON	GENERAL MANAGER	44.86	Key Emp	$181,548	$66,171	$247,719
BENJAMIN MARTIN	OPERATIONS MANAGER	43.01	Highest	$106,428	$76,579	$183,007
ANDREW BARNETT	FOREMAN LINEMAN	43.44	Highest	$108,686	$54,072	$162,758
KYLE SCHNEIDER	FOREMAN LINEMAN	44.39	Highest	$111,093	$42,815	$153,908
ANDY AUGSPURG	LEAD LINEMAN	43.93	Highest	$108,721	$43,669	$152,390
TANNER GORDON	JOURNEYMAN LINEMAN	45.01	Highest	$107,369	$36,170	$143,539
KAYLA KLAUSER	MANAGER OF FINANCE AND ACCOUNTING	40.77	Key Emp	$98,110	$39,149	$137,259
ROSS FRANKENBACH	SECRETARY	10.92	Officer	$13,650	$0	$13,650
ROBERT HALL	DIRECTOR	4.37	Director	$10,150	$0	$10,150
GREG R STRAUS	DIRECTOR	3.09	Director	$9,800	$0	$9,800
JOSEPH SWISHER	VICE PRESIDENT	4.77	Officer	$9,800	$0	$9,800
COLE SUTTER	DIRECTOR	1.87	Director	$7,350	$0	$7,350
OLLIE L PENNEWELL	DIRECTOR	2.58	Director	$6,650	$0	$6,650
SHONDELL HAERR	PRESIDENT	1.83	Officer	$6,650	$0	$6,650
DICK DISSELHORST	TREASURER	2.98	Officer	$5,600	$0	$5,600
TRENT GOTTMAN	DIRECTOR	1.02	Director	$4,550	$0	$4,550
BRENDA ALTHOFF	DIRECTOR	0.93	Director	$2,800	$0	$2,800

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
2025	No data	No data	No data	No data
2024	$22,032,182	$21,501,469	$42,373,162	$530,713
2023	$20,931,899	$20,604,528	$41,278,014	$327,371
2022	$19,174,289	$19,549,148	$38,944,273	$-374,859
2021	$19,573,881	$19,626,189	$37,368,089	$-52,308
2020	$19,864,203	$19,885,628	$36,605,492	$-21,425
2019	$19,260,899	$18,752,545	$35,063,158	$508,354
2018	$19,385,437	$18,507,439	$34,294,096	$877,998

MISSOURI RURAL ELECTRIC COOPERATIVE