The Nemaha-Marshall Electric Cooperative Assn Inc (EIN 480350145) - 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

1938

Legal Domicile

Principal Officer

David J Ronnebaum

Phone

7857362345

Tax Period

2025-01-01 to 2025-12-31

The Nemaha-Marshall Electric Cooperative Assn Inc, founded in 1938, is a community nonprofit that reported $8.9M in total revenue in fiscal year 2025. Expenses of $7.8M left a modest 13% surplus.

Mission

Provide electricity to rural cooperative members

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $8,803,178

Investment Income $124,243

Other Revenue $14,958

TOTAL REVENUE $8,942,379

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,392,349

Fundraising Expenses $0

Program Expenses $9,843

Other Expenses $6,431,591

TOTAL EXPENSES $7,823,940

Year-over-Year Comparison

	2025	2024	Change
Revenue	$8,942,379	$8,658,742	+0.0%
Expenses	$7,823,940	$7,784,767	+0.0%
Net Income	$1,118,439	$873,975	+0.3%

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

$18,980

Total Directors

$41,700

Key Employees

$227,402

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHLEEN M O'BRIEN	General Manager	60.00	Key Emp	$182,850	$44,552	$227,402
PATRICK J HOLTHAUS	Line Superintendent	60.00	Highest	$123,636	$42,718	$166,354
DAVID J RONNEBAUM	President	2.00	Officer Director	$5,280	$0	$5,280
DEAN D BECKER	Treasurer	2.00	Officer Director	$5,280	$0	$5,280
DAVID J KOCH	Trustee	2.00	Director	$5,000	$0	$5,000
THOMAS L NIEHUES	Trustee	2.00	Director	$5,000	$0	$5,000
ROBERT L VOET	Secretary	2.00	Officer Director	$4,800	$0	$4,800
JAMES J CAFFREY	Trustee	2.00	Director	$4,440	$0	$4,440
MATTHEW R HOLTHAUS	Trustee	2.00	Director	$4,240	$0	$4,240
TODD A SANDMANN	Trustee	2.00	Director	$4,040	$0	$4,040
MELVIN D KRUSE	Vice President	2.00	Officer Director	$3,620	$0	$3,620

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	$8,942,379	$7,823,940	$16,175,438	$1,118,439
2024	$8,658,742	$7,784,767	$14,792,916	$873,975
2023	$7,334,944	$6,947,563	$14,424,763	$387,381
2022	$7,748,060	$7,000,598	$13,399,561	$747,462
2021	$6,888,163	$6,369,560	$13,406,497	$518,603
2020	$6,764,519	$6,209,242	$13,163,707	$555,277

The Nemaha-Marshall Electric Cooperative Assn Inc