Nebraska Electric Generation & Transmission Cooperative Inc (EIN 470438125) - Form 990 Financial Analysis & Trantor Score

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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

1956

Legal Domicile

Principal Officer

Darin Bloomquist

Phone

4025648142

Tax Period

2025-01-01 to 2025-12-31

Nebraska Electric Generation & Transmission Cooperative Inc, founded in 1956, is a major nonprofit that reported $261.7M in total revenue in fiscal year 2025.

Mission

Wholesale power supply and delivery to our members.

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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 $261,657,388

Investment Income $61,059

Other Revenue $0

TOTAL REVENUE $261,718,447

Expense Breakdown

Grants Paid $0

Salaries & Benefits $584,923

Fundraising Expenses $0

Other Expenses $261,175,387

TOTAL EXPENSES $261,760,310

Year-over-Year Comparison

	2025	2024	Change
Revenue	$261,718,447	$255,967,096	+0.0%
Expenses	$261,760,310	$256,052,031	+0.0%
Net Income	$-41,863	$-84,935	-0.5%

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

$415,510

Total Directors

$28,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brad Bartak	Vice President	2.00	Officer Director	$1,500	$0	$1,500
Brent Ballou	Director	1.00	Director	$1,750	$0	$1,750
Brent Stagemeyer	Director	1.00	Director	$1,000	$0	$1,000
Brian Lukasiewicz	Director	1.00	Director	$1,100	$0	$1,100
Danny Muhlbach	Director	1.00	Director	$1,500	$0	$1,500
David Hamburger	Secretary/Treasurer	2.00	Officer Director	$1,850	$0	$1,850
Dennis Reiners	Director	1.00	Director	$1,500	$0	$1,500
Greg Johnson	Director	1.00	Director	$1,250	$0	$1,250
Jeffrey Obermier	Director	1.00	Director	$1,100	$0	$1,100
John Schmid	President	2.00	Officer Director	$2,100	$0	$2,100
Kenneth Ham	Director	1.00	Director	$1,450	$0	$1,450
Larry Domina	Director	1.00	Director	$1,000	$0	$1,000
Larry White	Director	1.00	Director	$1,250	$0	$1,250
Leroy Mostek	Director	1.00	Director	$1,100	$0	$1,100
Mark Wyman	Director	1.00	Director	$1,250	$0	$1,250
Matthew Fritz	Director	1.00	Director	$1,450	$0	$1,450
Mike Kreitman	Director	1.00	Director	$1,250	$0	$1,250
Milan Siefken	Director	1.00	Director	$1,500	$0	$1,500
Robert Schellpeper	Director	1.00	Director	$1,350	$0	$1,350
Rodney Zohner	Director	1.00	Director	$1,750	$0	$1,750
Darin Bloomquist	General Manager	40.00	Officer	$273,979	$136,081	$410,060

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	$261,718,447	$261,760,310	$21,001,381	$-41,863
2024	$255,967,096	$256,052,031	$21,051,195	$-84,935
2023	$262,303,290	$262,303,290	$24,848,227	No data
2022	$248,434,126	$248,434,126	$27,043,726	No data
2021	$237,875,387	$237,875,387	$24,698,351	No data
2020	$236,950,531	$236,950,531	$29,167,206	No data

Nebraska Electric Generation & Transmission Cooperative Inc