Platte-Clay Electric Cooperative Inc

EIN: 440392918

Kearney, MO

Total Revenue
$75,811,518
Total Expenses
$75,811,518
Total Assets
$204,561,125
Net Assets
$111,988,976
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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
1938
Legal Domicile
MO
Principal Officer
David Deihi
Tax Period
2023-01-01 to 2023-12-31

Platte-Clay Electric Cooperative Inc, founded in 1938, is a mid-sized nonprofit that reported $75.8M in total revenue in fiscal year 2023.

Mission

Provide the distribution of electric service to rural customers

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $72,283,409
Investment Income $55,076
Other Revenue $3,473,033
TOTAL REVENUE $75,811,518

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,060,194
Fundraising Expenses $0
Other Expenses $68,330,421
TOTAL EXPENSES $75,811,518

Year-over-Year Comparison

2023 2022 Change
Revenue $75,811,518 $76,880,883 0.0%
Expenses $75,811,518 $72,595,239 +0.0%
Net Income $0 $4,285,644 -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

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Governance

Voting Members
9
Independent Members
9
Employees
79
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
2
$888,387
Total Directors
9
$92,700
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Deihi General Manager 55.00
Officer
$305,038 $276,261 $581,299
Jared Wolters Manager Engineering 50.00
Highest
$231,351 $151,662 $383,013
Kenneth Brown Manager Finance and Accounti 50.00
Officer
$204,613 $102,475 $307,088
Travis Anderson Manager Operations 50.00
Highest
$165,283 $76,450 $241,733
Ralph E Williams Manager Information Technolo 50.00
Highest
$159,262 $81,693 $240,955
Jennifer Grossl Manager Marketing & Communic 50.00
Highest
$157,966 $55,440 $213,406
Kendall Davis Board Member 12.00
Director
$19,100 $0 $19,100
Edward Barger Board Member 10.00
Director
$15,300 $0 $15,300
Theresa Wren Board Member 15.00
Director
$13,100 $0 $13,100
Kelly Parkhurst Board Member 12.00
Director
$11,800 $0 $11,800
David Edwards Board Member 20.00
Director
$9,500 $0 $9,500
Larry Leachman Board Member 4.00
Director
$6,700 $0 $6,700
Mark Baker Board Member 12.00
Director
$6,400 $0 $6,400
Kim Goepferich Board Member 11.00
Director
$6,400 $0 $6,400
Dennis Fulk Board Member 10.00
Director
$4,400 $0 $4,400
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 No data No data No data No data
2023 $75,811,518 $75,811,518 $204,561,125 No data
2022 $76,880,883 $72,595,239 $192,685,266 $4,285,644
2021 $70,254,460 $68,004,515 $189,589,017 $2,249,945
2020 $67,129,513 $61,502,460 $185,944,485 $5,627,053
2019 $74,097,282 $70,146,430 $182,882,667 $3,950,852
2018 $79,472,509 $75,573,442 $181,637,907 $3,899,067
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