Mid-West Electric Consumers Associ… - Form 990 Financial Data

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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

1958

Legal Domicile

Phone

3037483170

Tax Period

2024-01-01 to 2024-12-31

Mid-West Electric Consumers Associations Inc, founded in 1958, is a small nonprofit that reported $956K in total revenue in fiscal year 2024. Expenses of $883K left a modest 8% surplus.

Mission

To Ensure the continuation of public power as a distinct and solid national commitment for the well being of people

Program Service Accomplishments

Program 1

Expenses: $786,363

Service for the cause of public power and the protection of the public ownership of public resources in nine mid-western states including the Missouri River Basin

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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 $942,190

Investment Income $14,231

Other Revenue $0

TOTAL REVENUE $956,421

Expense Breakdown

Grants Paid $0

Salaries & Benefits $564,453

Fundraising Expenses $0

Program Expenses $786,363

Other Expenses $319,025

TOTAL EXPENSES $883,478

Year-over-Year Comparison

	2024	2023	Change
Revenue	$956,421	$946,132	+0.0%
Expenses	$883,478	$890,333	0.0%
Net Income	$72,943	$55,799	+0.3%

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

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
James B Horan	Executive Director	Highest	$285,146	$0	$285,146
Vernell Roberts	President	Officer Director	$0	$0	$0
Darin Bloomquist	Vice President	Officer Director	$0	$0	$0
Craig Wietjes	SecretaryTreasurer	Officer 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	$956,421	$883,478	$771,975	$72,943
2023	$946,132	$890,333	$715,918	$55,799
2022	$888,953	$850,893	$688,234	$38,060
2021	$890,138	$758,403	$703,449	$131,735
2020	$812,957	$711,461	$470,970	$101,496
2019	$941,645	$1,018,204	$743,226	$-76,559
2018	$937,322	$931,064	$822,034	$6,258

Mid-West Electric Consumers Associations Inc