BATON ROUGE, LA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)ASSOCIATION OF LOUISIANA ELECTRIC COOPERATIVES INC, founded in 1942, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2023. Expenses of $2.2M exceeded revenue, resulting in a 14% operating deficit.
TO FOSTER, DEVELOP AND ENCOURAGE THE PROGRAM OF RURAL ELECTRIFICATION IN THE STATE OF LOUISIANA; AND TO FURTHER THE GENERAL WELFARE AND GENERALLY TO PROMOTE THE INTEREST OF THE MEMBERS OF THE ASSOCIATION; TO FURTHER THE SAFETY, STABILITY, SECURITY AND PROSPERITY OF ELECTRIC COOPERATIVES; TO AID IN SOLVING THE PROBLEMS COMMON TO ELECTRIC COOPERATIVES, TO DISSEMINATE INFORMATION RELATING TO THE RURAL ELECTRIFICATION PROGRAM; TO COOPERATE WITH PUBLIC OFFICIALS AND CIVIC AND SERVICE ORGANIZATIONS IN THE PROMOTION OF RURAL ELECTRIFICATION AND NATIONAL, STATE, COMMUNITY AND RURAL DEVELOPMENT; TO PROVIDE SERVICES AND INFORMATION PROGRAMS THAT WILL STIMULATE LOCAL GROWTH, STABILITY AND SECURITY, AND STRENGHTEN THE ELECTRIC COOPERATIVE PROGRAM IN LOUISIANA; AND TO OTHERWISE ASSIST THE MEMBERS OF THE ASSOCIATION TO PROVIDE ELECTRIC ENERGY TO INHABITANTS OF MEMBER SERVICE AREAS AT THE LOWEST POSSIBLE COST CONSISTENT WITH SOUND ECONOMY.
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%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,894,426 | $1,758,529 | +0.1% |
| Expenses | $2,159,797 | $2,063,983 | +0.0% |
| Net Income | $-265,371 | $-305,454 | -0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JR HICKMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DENNIS GLASS | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE HEINEN | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DANNY BERTHELOT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK BROWN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LANE DAVIDSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROGER DALE DEHART | SECRETARY/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD SITMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE JARRELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TRENT BUXTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BYRON HARDEE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TREVOR BENOIT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ADDIE ARMATO | CEO | 40.00 |
Officer
|
$156,228 | $0 | $156,228 |
| AARRON GRAHAM | DIRECTOR OF LOSS CONTROL | 40.00 |
Highest
|
$108,435 | $0 | $108,435 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,894,426 | $2,159,797 | $1,714,170 | $-265,371 |
| 2022 | $1,758,529 | $2,063,983 | $2,021,006 | $-305,454 |
| 2021 | $1,831,009 | $2,159,569 | $2,267,909 | $-328,560 |
| 2020 | $1,829,797 | $2,103,749 | $2,965,326 | $-273,952 |
| 2019 | $4,603,387 | $2,049,598 | $3,316,803 | $2,553,789 |
| 2018 | $1,932,227 | $1,907,751 | $823,603 | $24,476 |
Compare ASSOCIATION OF LOUISIANA ELECTRIC COOPERATIVES INC with other nonprofits in Louisiana and across the country.