NonprofitsDuncan Valley Electric Cooperative Inc

Duncan Valley Electric Cooperative Inc

DUNCAN, AZ

Total revenue

$5.2M

Total expenses

$5.0M

Net assets

$9.6M

Grants received

EIN

860086280

Tax year

2024

Mission

To provide electric and gas energy to rural areas at cost on a cooperative basis.

Programs

1 program

Sale of natural gas to members - 697 active services were provided natural gas at year end at cost on a cooperative basis.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$5.0M
Investment income$173K
Other revenue$34K
Total revenue$5.2M

Expenses

Grants paid
Salaries & benefits$1.3M
Fundraising
Other expenses$3.7M
Total expenses$5.0M
Total assets$12.1M
Net assets$9.6M

People

12 listed

NameRoleCompensation

KASSI MORTENSEN

CEO

Board

$125K

40 hrs/wk

KIMBERLY WATERS

OFFICE MANAGER/ACCOUNTANT

Board

$107K

40 hrs/wk

TOM LOVETT

PRESIDENT

Board

$8K

6.1 hrs/wk

ERNESTO GARCIA

DIRECTOR

Board

$7K

3.5 hrs/wk

FRANK DOWNS

SECRETARY

Board

$5K

2.1 hrs/wk

JOHNNIE FRIE

DIRECTOR

Board

$5K

3.3 hrs/wk

DANIEL SANCHEZ

DIRECTOR (APR-DEC)

Board

$4K

2.2 hrs/wk

BILL CUTHBERTSON

DIRECTOR

Board

$4K

2.4 hrs/wk

LARRY AVILA

DIRECTOR

Board

$4K

2.6 hrs/wk

DUSTIE ROBINETTE

DIRECTOR (JAN-APR)

Board

$3K

2.8 hrs/wk

TOM POWERS

VICE PRESIDENT

Board

$3K

1.5 hrs/wk

MICHAEL STRAIN

OPERATIONS MANAGER

Staff

$125K

45 hrs/wk

Details

EIN860086280
Subsection12
Ruling date1952-02
Formed1947
Employees15
Volunteers0
DUNCAN VALLEY ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo