HILL COUNTY ELECTRIC COOPERATIVE INC (EIN 810218593) - 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

1945

Legal Domicile

Principal Officer

CRAIG GATES

Phone

8773947804

Tax Period

2024-01-01 to 2024-12-31

HILL COUNTY ELECTRIC COOPERATIVE INC, founded in 1945, is a mid-sized nonprofit that reported $18.7M in total revenue in fiscal year 2024.

Mission

TO PROVIDE ELECTRICITY TO RURAL AREAS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $18,032,299

Investment Income $177,542

Other Revenue $526,732

TOTAL REVENUE $18,736,573

Expense Breakdown

Grants Paid $4,015

Salaries & Benefits $3,461,746

Fundraising Expenses $0

Other Expenses $14,309,918

TOTAL EXPENSES $18,736,573

Year-over-Year Comparison

	2024	2023	Change
Revenue	$18,736,573	$18,980,007	0.0%
Expenses	$18,736,573	$18,980,007	0.0%
Net Income	$0	$0	N/A

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

137

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

$411,116

Total Directors

$88,651

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHANE BARRETT	PRESIDENT	13.00	Officer Director	$14,738	$0	$14,738
LESLIE SMITH	SECRETARY/TREASURER	10.00	Officer Director	$17,325	$0	$17,325
NICK SIEBRASSE	VICE PRESIDENT	12.00	Officer Director	$19,688	$0	$19,688
GERALD RUTLEDGE	TRUSTEE UNTIL 04/2024	10.00	Director	$5,625	$0	$5,625
TREVOR STANDING ROCK	TRUSTEE	10.00	Director	$17,100	$0	$17,100
KELLY RUTLEDGE	TRUSTEE FROM 05/2024	10.00	Director	$14,175	$0	$14,175
CRAIG GATES	GENERAL MANAGER/CEO	14.00	Officer	$142,652	$104,728	$247,380
MARK MAJERES	CONTROLLER/CFO	11.57	Officer	$51,535	$60,450	$111,985
WARREN SCHMITT	VP OF ELECTRIC SAFTY	40.00	Highest	$140,754	$56,999	$197,753
RUSSELL GREGOIRE	ELECTRIC LINEMAN	40.00	Highest	$133,395	$57,059	$190,454
JORDAN HAGEN	ELECTRIC LINEMAN	40.00	Highest	$127,105	$45,396	$172,501
THADDEUS DARRAH	ELECTRIC LINEMAN	40.00	Highest	$125,851	$36,098	$161,949
JOSHUA PULSE	ELECTRIC LINEMAN	40.00	Highest	$134,994	$50,069	$185,063

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
2024	$18,736,573	$18,736,573	$39,341,914	No data
2023	$18,980,007	$18,980,007	$39,504,380	No data
2022	$18,233,418	$18,233,418	$40,123,736	No data
2021	$18,033,515	$18,033,515	$40,815,029	No data
2020	$16,867,970	$16,867,970	$36,044,417	No data
2019	$17,313,163	$17,313,163	$36,482,016	No data
2018	$17,406,218	$17,406,218	$36,174,144	No data

HILL COUNTY ELECTRIC COOPERATIVE INC