OKLAHOMA GAS AND ELECTRIC COMPANY

EIN: 736290375

DES MOINES, IA

Total Revenue
$32,140,428
Total Expenses
$31,553,386
Total Assets
$721,685
Net Assets
$721,685
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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
1998
Legal Domicile
IL
Principal Officer
PRINCIPAL FINANCIAL GROUP
Phone
6025620883
Tax Period
2024-01-01 to 2024-12-31

OKLAHOMA GAS AND ELECTRIC COMPANY, founded in 1998, is a mid-sized nonprofit that reported $32.1M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

PROVIDE MEDICAL BENEFITS TO 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $32,121,311
Investment Income $15,447
Other Revenue $3,670
TOTAL REVENUE $32,140,428

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,010
Fundraising Expenses $0
Other Expenses $3,974
TOTAL EXPENSES $31,553,386

Year-over-Year Comparison

2024 2023 Change
Revenue $32,140,428 $27,558,229 +0.2%
Expenses $31,553,386 $27,477,343 +0.1%
Net Income $587,042 $80,886 +6.3%
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

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Governance

Voting Members
1
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 1.0
$14,010 $0 $14,010
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 No data No data No data No data
2024 $32,140,428 $31,553,386 $721,685 $587,042
2023 $27,558,229 $27,477,343 $135,041 $80,886
2022 $23,964,826 $23,965,567 $54,655 $-741
2021 $22,996,745 $22,988,286 $55,573 $8,459
2020 $20,429,557 $21,007,798 $47,086 $-578,241
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