NonprofitsK C Electric Association

K C Electric Association

HUGO, CO

Total revenue

$31.5M

Total expenses

$31.5M

Net assets

$48.5M

Grants received

$6K

1 grants

EIN

840390042

Tax year

2024

Mission

To provide reliable electric power and related services to our members at the most affordable cost.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$30.6M
Investment income$917K
Other revenue$9K
Total revenue$31.5M

Expenses

Grants paid$8K
Salaries & benefits$1.3M
Fundraising
Other expenses$25.0M
Total expenses$31.5M
Total assets$68.1M
Net assets$48.5M

People

14 listed

NameRoleCompensation

David Churchwell

General Manager

Board

$289K

40 hrs/wk

Bo Randolph

CFO

Board

$146K

40 hrs/wk

Kevin Penny

President

Board

$15K

7.1 hrs/wk

G Wayne Parrish

Director

Board

$14K

3.7 hrs/wk

Jerry Allen

Director

Board

$13K

4.1 hrs/wk

Robert Bledsoe

Director

Board

$12K

7.1 hrs/wk

Eric Poss

Director

Board

$12K

2.9 hrs/wk

David Ritchey

Director

Board

$12K

1.7 hrs/wk

Daniel Mills

Director

Board

$12K

1.1 hrs/wk

Terry Tagtmeyer

Director

Board

$11K

3.2 hrs/wk

James Michal

Director

Board

$6K

2.4 hrs/wk

Darren Fox

Ops Manager

Staff

$135K

40 hrs/wk

John C Ely

Maintenance Foreman

Staff

$135K

40 hrs/wk

Austin Talbert

Area Foreman

Staff

$133K

40 hrs/wk

Independent contractors

Western United Supply Corp

Material Supplier

$832K

Koppers Utility & Industrial Prod

Electric Materials

$308K

Custom Truck & Equipment LLC

Vehicles

$268K

Federated Rural Electric Insurance

Insurance

$175K

National Information Solutions Coop

Software

$165K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$6K
ENERGY ASSISTANCE
2023

Funded by

$6K from 1 funder · 1 grant · 2023

Energy Outreach Colorado

$6K · 1 grant · 2023

Details

EIN840390042
Subsection12
Ruling date1955-07
Formed1946
Employees29
K C ELECTRIC ASSOCIATION — Mission, Financials & Grants Received | Grantivo