COPPER VALLEY ELECTRIC ASSOCIATION INC (EIN 920023631) - 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

1955

Legal Domicile

Principal Officer

JAIME MATTHEWS

Phone

9078223211

Tax Period

2023-01-01 to 2023-12-31

COPPER VALLEY ELECTRIC ASSOCIATION INC, founded in 1955, is a mid-sized nonprofit that reported $30.4M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $29.0M left a modest 5% surplus.

Mission

TO PROVIDE EXCEPTIONAL CUSTOMER SERVICE THROUGH SAFE, RELIABLE, COST-EFFECTIVE, ELECTRIC SERVICES AND PROGRAMS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,423,280

Program Service Revenue $28,684,903

Investment Income $270,953

Other Revenue $65,540

TOTAL REVENUE $30,444,676

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,715,757

Fundraising Expenses $0

Program Expenses $23,917,802

Other Expenses $19,968,608

TOTAL EXPENSES $28,955,855

Year-over-Year Comparison

	2023	2022	Change
Revenue	$30,444,676	$28,124,757	+0.1%
Expenses	$28,955,855	$27,236,024	+0.1%
Net Income	$1,488,821	$888,733	+0.7%

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

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

$890,595

Total Directors

$37,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LON RAKE	PRESIDENT	3.00	Officer Director	$6,750	$0	$6,750
MARK SHORTEN	DIRECTOR	3.00	Director	$5,125	$0	$5,125
ANDREW HESS	DIRECTOR	3.00	Director	$2,875	$0	$2,875
JEFF SAXE	DIRECTOR	3.00	Director	$4,000	$0	$4,000
JANICE MASLEN	DIRECTOR	3.00	Director	$4,375	$0	$4,375
PAUL KILDAL	DIRECTOR	3.00	Director	$2,750	$0	$2,750
WILL STARK	TREASURER	3.00	Officer Director	$3,500	$0	$3,500
DAN STOWE	SECRETARY	3.00	Officer Director	$3,750	$0	$3,750
YVETTE DELAQUITO	VICE PRESIDENT	3.00	Officer Director	$3,875	$0	$3,875
DONALD MCKINZEY	COO	45.00	Officer	$202,618	$71,423	$274,041
JAIME MATTHEWS	CEO/ PRIOR CFO	55.00	Officer	$209,503	$76,724	$286,227
TRAVIS MILLION	PRIOR CEO	55.00	Officer	$244,158	$68,294	$312,452
DARIN SAULS	MANAGER OF ENGINEERING	45.00	Highest	$157,276	$63,329	$220,605
TODD STAHLEY	MANAGER OF OPERATIONS	45.00	Highest	$160,230	$59,942	$220,172
ADAM HINNENKAMP	LINEMAN	85.00	Highest	$160,769	$26,576	$187,345
DIRK WILLIAMS	LINE FOREMAN	50.00	Highest	$161,734	$30,409	$192,143
JASON SHIELL	PLANT OPERATOR	46.00	Highest	$164,965	$31,201	$196,166

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	No data	No data	No data	No data
2023	$30,444,676	$28,955,855	$86,378,120	$1,488,821
2022	$28,124,757	$27,236,024	$81,153,192	$888,733
2021	$26,151,233	$26,089,557	$79,168,354	$61,676
2020	$22,147,646	$22,085,085	$78,579,337	$62,561
2019	$21,411,173	$21,350,042	$80,345,070	$61,131
2018	$22,360,767	$22,281,499	$79,607,361	$79,268

COPPER VALLEY ELECTRIC ASSOCIATION INC