HOOD RIVER ELECTRIC & INTERNET COOP (EIN 930333988) - 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

1945

Legal Domicile

Principal Officer

GARY BLOOM

Phone

5413541233

Tax Period

2024-01-01 to 2024-12-31

HOOD RIVER ELECTRIC & INTERNET COOP, founded in 1945, is a mid-sized nonprofit that reported $13.7M in total revenue in fiscal year 2024. Expenses of $12.9M left a modest 5% surplus.

Mission

PROVIDE ELECTRICAL ENERGY AND FIBER OPTIC/INTERNET SERVCES TO THE HOOD RIVER VALLEY IN OREGON.

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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 $12,288,698

Investment Income $438,823

Other Revenue $940,297

TOTAL REVENUE $13,667,818

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $12,521,063

Other Expenses $12,939,992

TOTAL EXPENSES $12,939,992

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,667,818	$13,649,328	+0.0%
Expenses	$12,939,992	$12,806,278	+0.0%
Net Income	$727,826	$843,050	-0.1%

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

$16,190

Total Directors

$34,230

Key Employees

$1,517,279

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY BLOOM	PRESIDENT	2.00	Officer Director	$4,650	$0	$4,650
JEFF OSBORN	VICE-PRESIDE	2.00	Officer Director	$4,380	$0	$4,380
CHRISTOPHER WELLS	TREASURER	2.00	Officer Director	$4,060	$0	$4,060
JOHN MCGHEE	SECRETARY	2.00	Officer Director	$3,100	$0	$3,100
STEVE JONES	DIRECTOR	2.00	Director	$2,780	$0	$2,780
LISA PERRY	DIRECTOR	2.00	Director	$4,350	$0	$4,350
PEPE RIVERA	DIRECTOR	2.00	Director	$2,880	$0	$2,880
VINCE WILSON	DIRECTOR	2.00	Director	$4,000	$0	$4,000
DWIGHT MOE	DIRECTOR	2.00	Director	$4,030	$0	$4,030
LIBBY CLANON	GEN MANAGER	45.00	Key Emp	$351,014	$0	$351,014
CHRIS WALKER	ASST GEN MG	45.00	Key Emp	$212,071	$0	$212,071
DOUGLAS BALZER	FOREMAN	45.00	Key Emp	$168,754	$0	$168,754
JAMIE LEIBLEIN	ACCT&MBR SER	45.00	Key Emp	$153,641	$0	$153,641
JACK CARTER	ENGR & OP MA	45.00	Key Emp	$170,805	$0	$170,805
DAVID PORTER	SERVICEMAN	45.00	Key Emp	$152,410	$0	$152,410
AUSTIN PORTER	JOURNEYMAN L	45.00	Key Emp	$154,170	$0	$154,170
ELLIOT ARENS	JOURNEYMAN L	45.00	Key Emp	$154,414	$0	$154,414
CLINTON CURTIS	JOURNEYMAN L	45.00	Highest	$139,414	$0	$139,414
KEVIN WARD	ENGR & TECH	45.00	Highest	$136,854	$0	$136,854
CHARLIE FINDEISEN	JOURNETMAN L	45.00	Highest	$128,349	$0	$128,349
KEVIN LONG	JOURNEYMAN L	45.00	Highest	$131,898	$0	$131,898
CORBEN OLSON	APPRENTICE L	45.00	Highest	$117,702	$0	$117,702

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	$13,667,818	$12,939,992	$29,206,722	$727,826
2023	$13,649,328	$12,806,278	$28,180,715	$843,050
2022	$12,178,189	$11,421,333	$24,907,211	$756,856
2020	$11,050,044	$10,188,977	$17,097,516	$861,067
2019	$9,528,633	$8,913,753	$16,197,873	$614,880
2018	$9,208,331	$8,431,168	$16,691,296	$777,163

HOOD RIVER ELECTRIC & INTERNET COOP