United Electric Cooperative Inc (EIN 431767011) - 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

1949

Legal Domicile

Principal Officer

James Bagley

Phone

8163243155

Tax Period

2018-01-01 to 2018-12-31

United Electric Cooperative Inc, founded in 1949, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $27.1M in total revenue in fiscal year 2018. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

We, the Board of Employees of United Electric Cooperative, Inc. are committed to Enhancing the rural way of life through United.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $25,445,658

Investment Income $38,542

Other Revenue $1,586,722

TOTAL REVENUE $27,070,922

Expense Breakdown

Grants Paid $13,145

Salaries & Benefits $498,958

Fundraising Expenses $0

Other Expenses $25,335,052

TOTAL EXPENSES $27,070,922

Year-over-Year Comparison

	2018	2017	Change
Revenue	$27,070,922	$24,208,055	+0.1%
Expenses	$27,070,922	$22,581,251	+0.2%
Net Income	$0	$1,626,804	-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

$414,358

Total Directors

$84,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Schenkel	Director	8.00	Director	$6,600	$0	$6,600
Deborah Knadler	Director	8.00	Director	$6,300	$0	$6,300
Jerry Fine	Director	8.00	Director	$8,100	$0	$8,100
Gary Hull	Director	8.00	Director	$12,000	$0	$12,000
John Runde	Director	8.00	Director	$4,500	$0	$4,500
John Killgore	Director	8.00	Director	$6,000	$0	$6,000
John Redman	Director	8.00	Director	$5,700	$0	$5,700
Karl Noellsch	Director	8.00	Director	$10,800	$0	$10,800
Allan Schneider	Director	8.00	Director	$5,700	$0	$5,700
Francis Schieber	Director	8.00	Director	$6,900	$0	$6,900
Pat Hardy	Director	8.00	Director	$5,100	$0	$5,100
Phil Jensen	Director	8.00	Director	$6,900	$0	$6,900
James Bagley	Chief Executive Officer	40.00	Officer	$205,869	$76,423	$282,292
Zach Morgan	Chief Financial Officer	40.00	Officer	$119,304	$12,762	$132,066
David Girvan	Chief Operating Officer - Subsidiary	40.00	Highest	$113,493	$43,579	$157,072
Mike Chellew	Chief Operating Officer	40.00	Highest	$125,622	$72,619	$198,241

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
2018	$27,070,922	$27,070,922	$168,473,758	No data

United Electric Cooperative Inc