NonprofitsGarkane Energy Cooperative Inc

Garkane Energy Cooperative Inc

LOA, UT

Total revenue

$33.9M

Total expenses

$31.9M

Net assets

$56.5M

Grants received

EIN

870133588

Tax year

2024

Mission

Garkane Energy is a member-owned rural electric cooperative and provides electricity to cooperative member/consumers.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$32.5M
Investment income$182K
Other revenue$1.2M
Total revenue$33.9M

Expenses

Grants paid
Salaries & benefits$6.2M
Fundraising
Other expenses$25.8M
Total expenses$31.9M
Total assets$113.9M
Net assets$56.5M

People

19 listed

NameRoleCompensation

Guy Timpson

Director

Board

$36K

7 hrs/wk

Ronald W Cazier

President

Board

$30K

6 hrs/wk

George A Thompson

Treasurer

Board

$24K

4 hrs/wk

Terry J Griffiths

Director

Board

$24K

3 hrs/wk

Raymond A Clark

Treasurer

Board

$24K

2 hrs/wk

Chad E Williams

Director

Board

$22K

4 hrs/wk

Rodney R Ence

Director

Board

$21K

2 hrs/wk

Reed L Munson

Director

Board

$20K

2 hrs/wk

Andrew D Gant

Director

Board

$20K

4 hrs/wk

William G Hammon

Director

Board

$19K

3 hrs/wk

Tracy Potter

Vice President

Board

$18K

3 hrs/wk

Daniel McClendon

CEO/General Manager

Staff

$288K

40 hrs/wk

Bryant Shakespear

COO/Engineering Manager

Staff

$261K

40 hrs/wk

Marcus V Lewis

CFO

Staff

$181K

40 hrs/wk

Daniel Thompson

Subst. Engineer

Staff

$171K

40 hrs/wk

Justin M Miller

Line Super.

Staff

$160K

40 hrs/wk

JEFFERY J VAUGHN

Kane Area Mngr

Staff

$155K

40 hrs/wk

Gerry J Hoyt

Safety Manager

Staff

$152K

40 hrs/wk

Robert C Wolfley

Garfield Area Mngr

Staff

$148K

40 hrs/wk

Independent contractors

Coleman Hydro Power Inc

Operations contract

$195K

Fremont Irrigation Company

Electricity

$187K

Details

EIN870133588
Subsection12
Ruling date1942-12
Formed1938
Employees83
GARKANE ENERGY COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo