CARBON POWER & LIGHT INC (EIN 830108674) - 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

Legal Domicile

Principal Officer

RUSSELL WALDNER

Phone

3073265206

Tax Period

2024-01-01 to 2024-12-31

CARBON POWER & LIGHT INC is a mid-sized nonprofit that reported $17.6M in total revenue in fiscal year 2024.

Mission

TO PROVIDE RELIABLE ELECTRIC SERVICE TO OUR MEMBERS/OWNERS [C - CONTINUALLY COMMUNICATE OUR COMMITMENT TO COMMUNITY; P - PLAN PRODUCTIVELY, PERFECT OUR POTENTIAL AND BE PASSIONATE ABOUT OUR MEMBER/OWNER PERSPECTIVE; & L - LEARN, LEAD AND LIGHT THE WAY TO BETTER THE QUALITY OF LIFE FOR OUR MEMBERS/OWNERS]

🔒

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 $17,306,700

Investment Income $260,806

Other Revenue $14,795

TOTAL REVENUE $17,582,301

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,416,049

Fundraising Expenses $0

Other Expenses $12,437,292

TOTAL EXPENSES $17,582,301

Year-over-Year Comparison

	2024	2023	Change
Revenue	$17,582,301	$16,514,104	+0.1%
Expenses	$17,582,301	$16,514,104	+0.1%
Net Income	$0	N/A	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

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

$307,380

Total Directors

$82,042

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUSSELL WALDNER	GENERAL MANAGER	40.00	Officer	$188,982	$78,668	$267,650
MATTHEW LOVE	Line Foreman	40.00		$125,444	$95,639	$221,083
Thomas Westring	DIR OF OPERATIONS	40.00		$134,849	$77,248	$212,097
KIRBY LARSON	Journeyman Lineman	40.00		$134,937	$50,289	$185,226
JAMES BECKMANN	Dir of Engineering	40.00		$120,979	$54,157	$175,136
BRADY BOROWSKI	Journeyman Lineman	40.00		$120,160	$42,468	$162,628
EVERETT SUMMERS	Director	4.00	Director	$10,550	$0	$10,550
KENNETH CURRY	Secretary	3.25	Officer Director	$10,394	$0	$10,394
SHAE JOHNSON	Director	4.50	Director	$9,883	$0	$9,883
JOE DEVINE	Director	4.12	Director	$9,200	$0	$9,200
JAMES ROGERS	President	2.83	Officer Director	$9,036	$0	$9,036
N CLAY THOMPSON	Vice President	6.39	Officer Director	$8,896	$0	$8,896
ROGER COX	Director	3.79	Director	$8,798	$0	$8,798
DEBRA REICHERT	Treasurer	2.50	Officer Director	$7,959	$0	$7,959
SHAWN BROWN	Director	1.94	Director	$3,881	$0	$3,881
GARY JACOBSEN	Secretary	1.60	Officer Director	$3,445	$0	$3,445

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	$17,582,301	$17,582,301	$60,063,120	No data
2023	$16,514,104	$16,514,104	$58,775,087	No data
2022	$16,247,543	$16,247,543	$57,026,158	No data
2021	$15,960,147	$15,960,147	$55,820,091	No data
2020	$14,957,752	$14,957,752	$53,999,314	No data
2019	$16,100,574	$16,100,574	$49,727,828	No data
2018	$16,077,547	$16,077,547	$49,669,862	No data

CARBON POWER & LIGHT INC