SAN LUIS VALLEY RURAL ELECTRIC COOPERATIVE INC (EIN 840312795) - 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

1937

Legal Domicile

Principal Officer

James Romero

Phone

7198523538

Tax Period

2024-01-01 to 2024-12-31

SAN LUIS VALLEY RURAL ELECTRIC COOPERATIVE INC, founded in 1937, is a mid-sized nonprofit that reported $44.3M in total revenue in fiscal year 2024.

Mission

Sales of Electricity on a Cooperative Basis

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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 $44,097,804

Investment Income $215,162

Other Revenue $15,118

TOTAL REVENUE $44,328,084

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,807,185

Fundraising Expenses $0

Program Expenses $0

Other Expenses $35,568,163

TOTAL EXPENSES $44,328,084

Year-over-Year Comparison

	2024	2023	Change
Revenue	$44,328,084	$43,288,734	+0.0%
Expenses	$44,328,084	$43,288,734	+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

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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

$901,875

Total Directors

$109,943

Key Employees

$928,758

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Eric Eriksen	Chief Executive Officer	40	Officer	$303,302	$66,111	$369,413
Marvin Martinez	Area Serviceman	55	Highest	$199,019	$73,405	$272,424
JoAn Waudby	Treasurer / Chief Financial Officer	45	Officer	$196,556	$59,218	$255,774
Stacy Valdez	Manager of Customer Service and Billing	45	Key Emp	$174,600	$65,647	$240,247
Monroe Johnson	Chief Technology Officer	45	Key Emp	$177,982	$59,960	$237,942
Rudolph Viialpando	Sericeman	45	Highest	$172,027	$62,756	$234,783
Michelle Trujillo	Assistant Secretary / Human Resource Manager	42	Officer	$175,615	$56,154	$231,769
Shawn McKibbon	Chief Operating Officer	45	Key Emp	$172,681	$55,495	$228,176
Wade Warman	Working Foreman	45	Highest	$162,875	$65,109	$227,984
Ryan Christensen	Working Foremen	45	Highest	$169,614	$55,386	$225,000
Randy Magnuson	Working Foremen	45	Highest	$169,991	$52,969	$222,960
Terry Daley	Engineering Manager	42	Key Emp	$154,275	$68,118	$222,393
Keenan Anderson	Board Presidentt	2.74	Officer Director	$28,527	$0	$28,527
Scott Wolf	Director	2.79	Director	$28,227	$0	$28,227
Carol Lee Dugan	Director	2.09	Director	$19,868	$0	$19,868
Stephen Valdez	Vice President	2.71	Officer Director	$12,657	$0	$12,657
Kim Wakasugi	Director	1.63	Director	$11,323	$0	$11,323
Creede Hargraves	Director	1.93	Director	$5,606	$0	$5,606
Wade Lockhart	Secretary	1.91	Officer Director	$3,735	$0	$3,735

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	$44,328,084	$44,328,084	$157,741,137	No data
2023	$43,288,734	$43,288,734	$153,889,315	No data
2022	$41,330,549	$41,330,549	$151,737,878	No data
2021	$40,584,660	$40,584,660	$146,227,571	No data
2020	$35,571,392	$35,571,392	$140,420,780	No data

SAN LUIS VALLEY RURAL ELECTRIC COOPERATIVE INC