CAPITAL ELECTRIC COOPERATIVE INC (EIN 450217628) - 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

1945

Legal Domicile

Principal Officer

PAUL FITTERER

Phone

7012231513

Tax Period

2024-01-01 to 2024-12-31

CAPITAL ELECTRIC COOPERATIVE INC, founded in 1945, is a mid-sized nonprofit that reported $47.5M in total revenue in fiscal year 2024.

Mission

CAPITAL ELECTRIC COOPERATIVE SERVES OUR COMMUNITY AND MEMBER-OWNERS AS THEIR TRUSTED ENERGY PROVIDER AND PARTNER.

🔒

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 $44,827,992

Investment Income $187,645

Other Revenue $2,438,722

TOTAL REVENUE $47,454,359

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,659,298

Fundraising Expenses $0

Other Expenses $42,361,801

TOTAL EXPENSES $47,454,359

Year-over-Year Comparison

	2024	2023	Change
Revenue	$47,454,359	$46,315,028	+0.0%
Expenses	$47,454,359	$46,315,028	+0.0%
Net Income	$0	$0	N/A

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

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

$618,610

Total Directors

$95,130

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEON VILHAUER	PRESIDENT	3.00	Officer Director	$17,850	$0	$17,850
KYLE TSCHOSIK	SECRETARY-TREASURER	5.00	Officer Director	$11,850	$0	$11,850
DAVID CHARLES	VICE PRESIDENT	5.00	Officer Director	$7,475	$0	$7,475
KAYLA PULVERMACHER	DIRECTOR	5.00	Director	$8,430	$0	$8,430
DWIGHT WRANGHAM	DIRECTOR	6.00	Director	$8,025	$0	$8,025
REX HOLLENBECK	DIRECTOR (THROUGH JUNE 2024)	5.00	Director	$3,225	$0	$3,225
SARA VOLLMER	DIRECTOR	6.00	Director	$11,475	$0	$11,475
LYNDON ANDERSON	ASSISTANT SECRETARY/TREASURER	4.00	Director	$13,275	$0	$13,275
BRET WEILAND	DIRECTOR	6.00	Director	$8,900	$0	$8,900
GREG DEHNE	DIRECTOR (STARTED JUNE 2024)	5.00	Director	$4,625	$0	$4,625
PAUL FITTERER	GENERAL MANAGER	46.00	Officer	$231,165	$137,612	$368,777
LUKE STEEN	BUSINESS MANAGER	46.00	Officer	$160,629	$52,029	$212,658
MATT HAGEN	LEAD LINEWORKER	40.00	Highest	$121,598	$43,993	$165,591
GREGORY OWEN	ENGINEERING MANAGER	40.00	Highest	$138,823	$35,070	$173,893
JESSE GOEHRING	LEAD LINEWORKER	40.00	Highest	$129,989	$16,580	$146,569
JOSHUA SCHAFFNER	MANAGER OF ENERGY SERVICES	40.00	Highest	$124,948	$35,049	$159,997
STEVEN KUBALL	LEAD LINEWORKER	40.00	Highest	$130,386	$46,413	$176,799

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	$47,454,359	$47,454,359	$158,236,502	No data
2023	$46,315,028	$46,315,028	$150,150,055	No data
2022	$48,164,166	$48,164,166	$145,742,846	No data
2021	$42,124,624	$42,124,624	$133,692,620	No data
2020	$43,342,701	$43,342,701	$127,055,074	No data
2019	$40,140,299	$39,373,096	$107,817,286	$767,203
2018	$43,216,519	$42,335,934	$104,714,927	$880,585

CAPITAL ELECTRIC COOPERATIVE INC