UNION COUNTY ELECTRIC COOPERATIVE … - Form 990 Financial Data

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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

1937

Legal Domicile

Principal Officer

DON SCHURDEVIN

Phone

6053563395

Tax Period

2025-01-01 to 2025-12-31

UNION COUNTY ELECTRIC COOPERATIVE INC, founded in 1937, is a community nonprofit that reported $5.1M in total revenue in fiscal year 2025.

Mission

UNION COUNTY ELECTRIC COOPERATIVE EXISTS TO PROVIDE HIGH VALUE ENERGY TO OUR MEMBERS BY FOCUSING ON DELIVERING SAFE, RELIABLE, ENVIRONMENTALLY FRIENDLY ELECTRICITY WHILE PROMOTING ENERGY EFFICIENCY THROUGH EDUCATION.

Program Service Accomplishments

Program 1

PROVIDED ELECTRIC SERVICE TO APPROXIMATELY 1,211 MEMBERS AND INCREASED MILES OF LINE BY 20 MILES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,041,793

Investment Income $17,710

Other Revenue $-8,898

TOTAL REVENUE $5,050,605

Expense Breakdown

Grants Paid $1,900

Salaries & Benefits $1,192,892

Fundraising Expenses $0

Other Expenses $3,765,031

TOTAL EXPENSES $4,959,823

Year-over-Year Comparison

	2025	2024	Change
Revenue	$5,050,605	$4,812,116	+0.0%
Expenses	$4,959,823	$4,779,194	+0.0%
Net Income	$90,782	$32,922	+1.8%

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

$237,141

Total Directors

$22,125

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DON SCHURDEVIN	PRESIDENT	5.00	Officer Director	$4,075	$0	$4,075
WILLIAM DAILEY	VICE PRESIDENT	2.00	Officer Director	$4,825	$0	$4,825
EDWARD DONNELLY	SECRETARY	2.00	Officer Director	$4,325	$0	$4,325
PAUL PEACOCK	TREASURER	2.00	Officer Director	$4,575	$0	$4,575
DOYLE KARPEN	DIRECTOR	3.00	Director	$4,325	$0	$4,325
MATT KLEIN	GENERAL MANAGER	45.00	Officer	$162,900	$56,441	$219,341
KORY FRANK	OPERATIONS MANAGER	40.00	Highest	$109,987	$46,201	$156,188

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	$5,050,605	$4,959,823	$21,824,827	$90,782
2024	$4,812,116	$4,779,194	$20,453,740	$32,922
2023	$4,831,523	$4,831,523	$19,290,745	No data
2022	$4,946,083	$4,946,083	$18,637,020	No data
2021	$4,603,545	$4,603,545	$14,839,225	No data
2020	$4,507,193	$4,540,873	$13,787,327	$-33,680
2019	$4,502,622	$4,502,622	$13,589,593	No data
2018	$4,639,180	$4,639,180	$13,090,082	No data

UNION COUNTY ELECTRIC COOPERATIVE INC