Ralls County Electric Cooperative

EIN: 430470456

New London, MO

Total Revenue
$19,176,588
Total Expenses
$18,363,248
Total Assets
$73,496,006
Net Assets
$23,534,673
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1936
Legal Domicile
MO
Principal Officer
Lynn N Hodges
Phone
5739858711
Tax Period
2024-01-01 to 2024-12-31

Ralls County Electric Cooperative, founded in 1936, is a mid-sized nonprofit that reported $19.2M in total revenue in fiscal year 2024. Expenses of $18.4M left a modest 4% surplus.

Mission

To provide our members with safe, reliable, and affordable electricity, and offer innovative solutions to the rural community through our subsidiary.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $19,044,113
Investment Income $132,475
Other Revenue $0
TOTAL REVENUE $19,176,588

Expense Breakdown

Grants Paid $0
Salaries & Benefits $689,429
Fundraising Expenses $0
Program Expenses $18,363,248
Other Expenses $16,997,036
TOTAL EXPENSES $18,363,248

Year-over-Year Comparison

2024 2023 Change
Revenue $19,176,588 N/A N/A
Expenses $18,363,248 N/A N/A
Net Income $813,340 $0 N/A
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

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Governance

Voting Members
9
Independent Members
9
Employees
34
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
6
$806,154
Total Directors
9
$154,821
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lynn Hodges CEO/Manager 50.00
Officer
$259,118 $155,256 $414,374
Rhonda Robison CFO/Assistant Manager 50.00
Officer
$187,862 $122,547 $310,409
Christopher Gaines Line Superintendent 41.00
Highest
$133,926 $68,545 $202,471
Michael Coons Lineman 48.00
Highest
$119,761 $29,972 $149,733
Christopher Mundle Foreman 46.00
Highest
$119,654 $35,129 $154,783
Andrew Kestner Foreman 46.00
Highest
$116,479 $51,170 $167,649
Robert Winsel Tech COO 50.00
Highest
$113,991 $59,707 $173,698
John Hemeyer Director 2.00
Director
$29,644 $0 $29,644
Jerry Elsberry Secretary 3.00
Officer Director
$27,744 $0 $27,744
Adam Kaiser Director 1.00
Director
$27,344 $0 $27,344
David Palmer Treasurer 2.00
Officer Director
$27,244 $0 $27,244
Thomas Wooten Director 2.00
Director
$13,242 $0 $13,242
Connie Ketsenberg President 4.00
Officer Director
$13,241 $0 $13,241
Sharon Leake Vice President 2.00
Officer Director
$13,142 $0 $13,142
Richard Epperson Sr Director 2.00
Director
$2,010 $0 $2,010
Mark Hodges Director 3.00
Director
$1,210 $0 $1,210
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 $19,176,588 $18,363,248 $73,496,006 $813,340
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