Colorado Rural Electric Association (EIN 840411220) - 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

Kent Singer

Phone

3034552700

Tax Period

2024-01-01 to 2024-12-31

Colorado Rural Electric Association, founded in 1945, is a community nonprofit that reported $3.9M in total revenue in fiscal year 2024.

Mission

To enhance and advance the interests of its member electric cooperatives through a united effort.

🔒

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 $2,606,580

Program Service Revenue $1,247,535

Investment Income $63,421

Other Revenue $0

TOTAL REVENUE $3,917,536

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,123,292

Fundraising Expenses $0

Other Expenses $1,796,066

TOTAL EXPENSES $3,919,358

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,917,536	$3,929,055	0.0%
Expenses	$3,919,358	$4,011,804	0.0%
Net Income	$-1,822	$-82,749	-1.0%

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

$641,223

Total Directors

$4,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kent Singer	Executive Director	40.00	Officer	$346,828	$41,884	$388,712
Craig Johnson	Dir of Govt Relations	40.00	Officer	$212,963	$39,548	$252,511
Curtis Graham	Dir of Safetyy & LC	10.00	Highest	$109,019	$37,469	$146,488
Jesse Peeler	JTS Instructor	40.00	Highest	$106,948	$37,407	$144,355
Cassandra Gloe	Dir of Communications	40.00	Highest	$108,672	$17,377	$126,049
Julie Baker	Dir of Member Svs & Education	40.00	Highest	$108,136	$17,196	$125,332
Stephen Valdez	President	1.00	Director	$4,500	$0	$4,500
Larry Archibeque	Vice President	1.00	Director	$0	$0	$0
David Amdt	Director	1.00	Director	$0	$0	$0
Bob Bledsoe	Director	1.00	Director	$0	$0	$0
Virginia Buczek	Director	5.00	Director	$0	$0	$0
Thomas Carl	Treasurer	1.00	Director	$0	$0	$0
Dennis Herman	Director	1.00	Director	$0	$0	$0
Damon Lockhart	Secretary	1.00	Director	$0	$0	$0
Jim Lueck	Director	1.00	Director	$0	$0	$0
Scott McGill	Director	1.00	Director	$0	$0	$0
Holly Metzler	Director	1.00	Director	$0	$0	$0
Mark Rogers	Director	1.00	Director	$0	$0	$0
Jack Schneider	Director	1.00	Director	$0	$0	$0
Barry Springer	Director	1.00	Director	$0	$0	$0
Stuart Travis	Director	1.00	Director	$0	$0	$0
Brian Woods	Director	1.00	Director	$0	$0	$0
Cray Healy	Director	1.00	Director	$0	$0	$0
Wayne Parrish	Director	1.00	Director	$0	$0	$0
Randy Phillips	Director	1.00	Director	$0	$0	$0
Adam Quinton	Director	1.00	Director	$0	$0	$0
Doris Morgan	Director	1.00	Director	$0	$0	$0
Val Szwarc	Director	1.00	Director	$0	$0	$0
Sandra Attebery	Director	1.00	Director	$0	$0	$0
Eric Eriksen	Director	1.00	Director	$0	$0	$0
Ruth Marks	Director	1.00	Director	$0	$0	$0

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	$3,917,536	$3,919,358	$2,548,295	$-1,822
2023	$3,929,055	$4,011,804	$2,217,462	$-82,749
2022	$4,372,744	$4,449,258	$2,368,445	$-76,514
2021	$4,202,272	$4,326,721	$2,399,350	$-124,449
2020	$3,815,275	$4,095,643	$2,482,030	$-280,368
2019	$3,912,673	$4,039,846	$2,811,319	$-127,173
2018	$3,983,404	$3,873,081	$2,873,837	$110,323

Colorado Rural Electric Association