ROSEBUD ELECTRIC COOPERATIVE INC (EIN 460215360) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

LEROY LITTAU

Phone

6058359624

Tax Period

2025-01-01 to 2025-12-31

ROSEBUD ELECTRIC COOPERATIVE INC, founded in 1945, is a community nonprofit that reported $8.8M in total revenue in fiscal year 2018.

Mission

TO PROVIDE ELECTRICITY TO MEMBERS.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $10,979,880

Investment Income $50,188

Other Revenue $58,167

TOTAL REVENUE $11,088,235

Expense Breakdown

Grants Paid $5,977

Salaries & Benefits $2,722,159

Fundraising Expenses $0

Other Expenses $7,526,877

TOTAL EXPENSES $11,088,235

Year-over-Year Comparison

	2025	2024	Change
Revenue	$11,088,235	$9,557,184	+0.2%
Expenses	$11,088,235	$10,037,380	+0.1%
Net Income	$0	$-480,196	-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

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

$279,401

Total Directors

$50,506

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEROY LITTAU	PRESIDENT	0.50	Officer Director	$4,764	$0	$4,764
WILLIAM RINGSTMEYER	VICE-PRESIDENT	0.50	Officer Director	$6,861	$0	$6,861
JAMES EASTLUND	SECRETARY	0.50	Officer Director	$5,244	$0	$5,244
DENNIS PURVIS	TREASURER	0.50	Officer Director	$6,254	$0	$6,254
BOYT YOUNG	DIRECTOR	0.50	Director	$6,463	$0	$6,463
ROBERT SHAFFER	DIRECTOR	0.50	Director	$4,991	$0	$4,991
DAVID SHIPMAN	DIRECTOR	0.50	Director	$3,823	$0	$3,823
RICHARD HARTLAND	DIRECTOR	0.50	Director	$5,828	$0	$5,828
MICHAEL JACOBSEN	DIRECTOR	0.50	Director	$6,278	$0	$6,278
KEVIN MIKKELSEN	GENERAL MANAGER	40.00	Officer	$162,691	$93,587	$256,278
VIC WARNKE	LINE SUPERINTENDENT	40.00	Highest	$111,215	$68,482	$179,697
RYAN OREL	CREW FOREMAN	40.00	Highest	$109,312	$50,392	$159,704
JAMIE VANDERWERFF	CREW FOREMAN	40.00	Highest	$106,938	$43,568	$150,506
NOLAN FORTUNA	JOURNEYMAN LINEMAN	40.00	Highest	$104,640	$29,571	$134,211
THEODORE STEVICKS	JOURNEYMAN LINEMAN	40.00	Highest	$103,666	$46,039	$149,705

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	$11,088,235	$11,088,235	$31,381,504	No data
2024	$9,557,184	$10,037,380	$31,639,298	$-480,196
2023	$10,015,700	$10,015,700	$30,215,363	No data
2022	$9,227,645	$9,227,645	$31,263,806	No data
2021	$8,797,386	$8,797,386	$32,506,970	No data
2020	$8,679,193	$8,679,193	$28,006,490	No data
2019	$9,585,398	$9,585,398	$28,135,010	No data
2018	$8,826,689	$8,826,689	$25,712,766	No data

ROSEBUD ELECTRIC COOPERATIVE INC