NORTH CENTRAL MISSOURI ELECTRIC COO

EIN: 440373333

Milan, MO

Total Revenue
$20,558,542
Total Expenses
$19,880,555
Total Assets
$44,610,906
Net Assets
$21,323,443
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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
1940
Legal Domicile
MO
Phone
6602654404
Tax Period
2024-01-01 to 2024-12-31

NORTH CENTRAL MISSOURI ELECTRIC COO, founded in 1940, is a mid-sized nonprofit that reported $20.6M in total revenue in fiscal year 2024. Expenses of $19.9M left a modest 3% surplus.

Mission

To generate, manufacture, purchase, acquire and accumulate electric energy for its shareholders and to transmit, distribute, furnish, sell and dispose of such electric energy to its shareholders only.

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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 $19,790,712
Investment Income $100,935
Other Revenue $666,895
TOTAL REVENUE $20,558,542

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $19,880,555
Other Expenses $19,257,345
TOTAL EXPENSES $19,880,555

Year-over-Year Comparison

2024 2023 Change
Revenue $20,558,542 $19,532,634 +0.1%
Expenses $19,880,555 $18,698,588 +0.1%
Net Income $677,987 $834,046 -0.2%
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
N/A
Employees
30
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
4
$78,980
Total Directors
5
$99,999
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOREN HAINES MANAGER AND CEO 40.00
Highest
$303,905 $0 $303,905
BRENT GARDNER OPERATIONS MANAGER 40.00
Highest
$163,960 $0 $163,960
PATTI PIPES MGR FINANCE AND ADMIN 40.00
Highest
$163,512 $0 $163,512
JAMES RHOADES DIRECTOR 3.00
Director
$32,670 $0 $32,670
ROGER CASADY TREASURER 3.00
Officer
$25,849 $0 $25,849
RICK BENNETT DIRECTOR 2.00
Director
$24,949 $0 $24,949
NEIL GUYER SECRETARY 2.00
Officer
$24,049 $0 $24,049
RANDALL GRISWOLD DIRECTOR 2.00
Director
$24,041 $0 $24,041
LARRY STEPHENSON VICE PRESIDENT 2.00
Officer
$24,033 $0 $24,033
LOWELL TUCKER DIRECTOR 3.00
Director
$14,690 $0 $14,690
MELVIN SCOTT PRESIDENT 2.00
Officer
$5,049 $0 $5,049
RONALD PHILLIPS DIRECTOR 2.00
Director
$3,649 $0 $3,649
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 $20,558,542 $19,880,555 $44,610,906 $677,987
2023 $19,532,634 $18,698,588 $43,919,613 $834,046
2022 $18,740,670 $17,729,039 $42,562,789 $1,011,631
2021 $18,294,115 $17,445,790 $39,341,969 $848,325
2020 $18,436,163 $17,209,562 $39,586,952 $1,226,601
2019 $18,285,147 $16,872,448 $39,217,236 $1,412,699
2018 $17,771,719 $16,997,050 $38,761,282 $774,669
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