Central Electric Power Cooperative (EIN 440542660) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1949

Legal Domicile

Principal Officer

Christopher M Turner

Phone

5736342454

Tax Period

2024-01-01 to 2024-12-31

Central Electric Power Cooperative, founded in 1949, is a major nonprofit that reported $269.6M in total revenue in fiscal year 2024.

Mission

Central Electric Power is a generation and transmission cooperative providing energy to distribution cooperatives in central Missouri.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $268,205,932

Investment Income $1,384,349

Other Revenue $0

TOTAL REVENUE $269,590,281

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,213,831

Fundraising Expenses $0

Other Expenses $249,822,435

TOTAL EXPENSES $269,590,281

Year-over-Year Comparison

	2024	2023	Change
Revenue	$269,590,281	$253,080,355	+0.1%
Expenses	$269,590,281	$253,184,914	+0.1%
Net Income	$0	$-104,559	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

127

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

$1,115,039

Total Directors

$83,250

Key Employees

$1,798,571

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Christopher M Turner	CEOGeneral Manager	40.00	Officer	$762,948	$127,771	$890,719
Mark Newbold	VP of Admin Services	40.00	Key Emp	$246,029	$103,676	$349,705
Michael B Bax	VP of Engineering	40.00	Key Emp	$253,554	$63,624	$317,178
Adam M Weber	VP of Transmission Services	40.00	Key Emp	$253,708	$62,570	$316,278
Daniel Wortmann	VP of Information Technology	40.00	Key Emp	$213,064	$93,093	$306,157
Christopher Duncan	VP of Telecommunications	40.00	Key Emp	$203,309	$79,245	$282,554
Randall Bock	Mgr of Network&Software Development	40.00	Highest	$156,865	$70,587	$227,452
Nancy Gibler	VP of Business Development	40.00	Key Emp	$170,536	$56,163	$226,699
Gretchen Bame	CFPVP of Finance	40.00	Officer	$198,360	$25,960	$224,320
Kirby Ernst	Manager of Accounting	40.00	Highest	$145,619	$67,873	$213,492
Adam Seaver	General Superintendent	40.00	Highest	$161,604	$45,590	$207,194
Jeff Kremer	Mgr of Safety & HR	40.00	Highest	$147,564	$56,474	$204,038
Andrew Carlos	Mgr of Protection & Control	40.00	Highest	$148,197	$44,120	$192,317
Steven Roddy	CFOVP of Finance Former	0.00		$158,881	$13,597	$172,478
Garnett Garrett	Director	3.00	Director	$11,250	$0	$11,250
Dale Kriby	Director	4.00	Director	$11,250	$0	$11,250
Tom Loehner	Director	2.00	Director	$11,250	$0	$11,250
Joel Bullard	Director	4.00	Director	$10,500	$0	$10,500
Robert Leftwich	Director	2.00	Director	$9,750	$0	$9,750
Mike VanMaanen	Director	2.00	Director	$9,750	$0	$9,750
Diane Saale	Director	3.00	Director	$9,750	$0	$9,750
Rodney Schad	Director	4.00	Director	$5,250	$0	$5,250
Rick Purdon	Director	2.00	Director	$4,500	$0	$4,500
Doug Tracy	Director	2.00	Director	$0	$0	$0
Thomas W Howard	Director	3.00	Director	$0	$0	$0
Todd Culley	Director	2.00	Director	$0	$0	$0
Brian Jacobi	Director	2.00	Director	$0	$0	$0
Amber Overfelt	Director	3.00	Director	$0	$0	$0
Daryl Sorrell	Director	0.00	Director	$0	$0	$0
Emery Geisendorfer Jr	Director	0.00	Director	$0	$0	$0
Aaron Bradshaw	President	4.00	Officer Director	$0	$0	$0
Lynn Thompson	Secretary-Treasurer	3.00	Officer Director	$0	$0	$0
Roger Kloeppel	Vice-President	3.00	Officer Director	$0	$0	$0

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	$269,590,281	$269,590,281	$559,989,592	No data
2023	$253,080,355	$253,184,914	$549,204,636	$-104,559
2022	$232,745,928	$233,628,068	$493,963,343	$-882,140
2021	$224,762,707	$224,917,253	$478,589,080	$-154,546
2020	$225,997,456	$226,476,802	$458,408,606	$-479,346
2019	$225,843,758	$225,843,758	$438,770,623	No data
2019	$225,843,758	$225,843,758	$438,770,623	No data
2018	$238,227,583	$238,227,583	$398,761,452	No data

Central Electric Power Cooperative