Ninnescah Rural Electric Cooperative Association Inc is located in Pratt, KS. The organization was established in 1941. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Ninnescah Rural Electric Cooperative Association Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ninnescah Rural Electric Cooperative Association Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 12/2021, Ninnescah Rural Electric Cooperative Association Inc generated $13.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $13.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ELECTRICITY TO OUR MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE RELIABLE ELECTRICITY TO MEMBERS AT THE LOWEST POSSIBLE PRICE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Teresa M Miller General Manager | Officer | 42.5 | $174,655 |
Robert C Lamatsch Director Of Operations | Officer | 40 | $120,385 |
Matthew W Riner Journeyman Lineman | 40 | $110,941 | |
Shane M Campbell Journeyman Lineman | 40 | $110,492 | |
Jeffrey A Craft Journeyman Lineman | 40 | $110,412 | |
Justin M Mcguire Journeyman Lineman | 40 | $102,547 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Holler Electric Inc Contract Labor | 12/30/21 | $472,932 |
Bdl Services Llc Contract Labor | 12/30/21 | $187,900 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $13,858,141 |
Investment income | $15,814 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $34,371 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $13,915,563 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $290,657 |
Compensation of current officers, directors, key employees. | $348,315 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $819,715 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,383,843 |
Insurance | $0 |
All other expenses | $8,488 |
Total functional expenses | $13,194,502 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $184,212 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,051,194 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $660,198 |
Prepaid expenses and deferred charges | $147,338 |
Net Land, buildings, and equipment | $45,317,463 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $4,881,090 |
Intangible assets | $0 |
Other assets | $3,330 |
Total assets | $52,244,825 |
Accounts payable and accrued expenses | $1,116,677 |
Grants payable | $0 |
Deferred revenue | $41,014 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $26,843,955 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $991,496 |
Total liabilities | $28,993,142 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $9,410 |
Paid-in or capital surplus, or land, building, or equipment fund | $1,199,610 |
Retained earnings, endowment, accumulated income, or other funds | $22,042,663 |
Total liabilities and net assets/fund balances | $52,244,825 |
Organization Name | Assets | Revenue |
---|---|---|
Black River Electric Cooperative Fredericktown, MO | $138,131,330 | $49,558,459 |
Y W Electric Association Inc Colorado Rea 38 Akron, CO | $130,403,627 | $47,254,335 |
Rural Electric Co Op Inc Lindsay, OK | $94,050,768 | $47,989,459 |
Kiamichi Electric Cooperative Inc Wilburton, OK | $118,158,279 | $46,432,215 |
New Mac Electric Cooperative Inc Neosho, MO | $135,294,797 | $45,962,047 |
Morgan County Rural Electric Association Fort Morgan, CO | $104,279,755 | $45,102,816 |
Three Rivers Electric Cooperative Linn, MO | $111,680,117 | $44,711,641 |
Western Cooperative Electric Association Inc Wakeeney, KS | $116,000,475 | $44,441,643 |
Semo Electric Cooperative Sikeston, MO | $155,297,219 | $43,598,236 |
Freestate Electric Cooperative Inc Topeka, KS | $115,006,207 | $43,505,372 |
Red River Valley Rural Electric Association Marietta, OK | $87,688,171 | $43,444,812 |
Southeastern Electric Cooperative Inc Durant, OK | $83,173,851 | $40,665,061 |