CHICKASAW ELECTRIC COOPERATIVE INC (EIN 620157827) - 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

1943

Legal Domicile

Principal Officer

LOYD MUNCY

Phone

9014653591

Tax Period

2024-07-01 to 2025-06-30

CHICKASAW ELECTRIC COOPERATIVE INC, founded in 1943, is a mid-sized nonprofit that reported $14.8M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $13.7M left a modest 7% surplus.

Mission

TO DELIVER SOLID, LOW-COST ELECTRICITY TO POWER OUR MEMBERS INTO TOMORROW

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $742,863

Investment Income $189,832

Other Revenue $13,888,046

TOTAL REVENUE $14,820,741

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,771,951

Fundraising Expenses $0

Program Expenses $13,743,464

Other Expenses $7,971,513

TOTAL EXPENSES $13,743,464

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,820,741	$12,446,967	+0.2%
Expenses	$13,743,464	$11,891,395	+0.2%
Net Income	$1,077,277	$555,572	+0.9%

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

$38,505

Total Directors

$90,705

Key Employees

$252,550

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VIP LEWIS	VICE PRESIDENT	1.25	Officer Director	$9,450	$0	$9,450
ROYCE REEVES	PRESIDENT	1.50	Officer Director	$10,605	$0	$10,605
MARY LOU THOMAS	TREASURER	1.00	Officer Director	$9,000	$0	$9,000
WILLIAM RHEA	BOARD MEMBER	1.00	Director	$9,450	$0	$9,450
GORDON TOMLIN	SECRETARY	1.00	Officer Director	$9,450	$0	$9,450
JUNE WALKER	BOARD MEMBER	1.00	Director	$8,550	$0	$8,550
WILLIAM REEVES	BOARD MEMBER	1.00	Director	$8,550	$0	$8,550
PHIL BURROWS	BOARD MEMBERS	1.00	Director	$7,200	$0	$7,200
JOHN HURDLE	BOARD MEMBER	1.00	Director	$9,450	$0	$9,450
MATTHEW ARMOUR	BOARD MEMBERS	1.00	Director	$4,500	$0	$4,500
BLAKE DAIGLE	MANAGER OF ENGINEERING	40.00	Highest	$143,745	$11,408	$155,153
FREDDIE CLIFFT	LINE SUPERVISOR	40.00	Highest	$132,390	$66,397	$198,787
LOYD MUNCY	GENERAL MANAGER	50.00	Key Emp	$181,722	$70,828	$252,550
CHRISTOPHER WHITTEMORE	LINE FOREMAN	41.00	Highest	$113,989	$59,835	$173,824
JERRY RUSSELL	MAINTENANCE SUPERVISOR	44.00	Highest	$130,110	$18,734	$148,844
JONATHAN BOWEN	LEAD LINEMAN	47.00	Highest	$129,173	$53,318	$182,491
HOWARD DOWDY	BOARD MEMBER	1.00	Director	$4,500	$0	$4,500

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	$14,820,741	$13,743,464	$82,186,406	$1,077,277
2024	$12,446,967	$11,891,395	$67,703,862	$555,572
2023	$12,177,522	$10,735,584	$56,692,656	$1,441,938
2022	$11,540,498	$9,328,754	$53,475,417	$2,211,744
2021	$11,220,269	$8,693,124	$50,105,267	$2,527,145

CHICKASAW ELECTRIC COOPERATIVE INC