Victory Electric Cooperative Association Inc

Organization Overview

Victory Electric Cooperative Association Inc is located in Dodge City, KS. The organization was established in 1954. 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, Victory Electric Cooperative Association Inc employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Victory 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, Victory Electric Cooperative Association Inc generated $85.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $83.8m during the year ending 12/2021. While expenses have increased by 2.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING ELECTRIC ENERGY TO OUR MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 20,037 ACTIVE SERVICES AT YEAR END.


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Board, Officers & Key Employees

Name (title)Compensation
Shane Laws
CEO
$358,815
Angela K Unruh
CFO
$182,422
Denzil Mcgill
VP Of It
$155,352
Ryan Miller
VP Of Operations
$148,250
Marlon Hernandez-Gonzalez
Journeyman
$138,567
Rob Henry
VP Of Engineering
$134,771

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Nisc
Billing & Software Services
$372,687
Kansas Electric Cooperatives
Assessments, Subscription Dues, Safety M
$238,511
Frank's Plumbing Inc
Drilling Services
$287,490
Marks Nelson
Accounting And Tax Services
$111,610
View All Vendors

Financial Statements

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$83,739,453
Investment income $111,467
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,147
Net Gain/Loss on Asset Sales $37,480
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$4,258
Miscellaneous Revenue$0
Total Revenue $85,802,968

Grants Awarded

Over the last fiscal year, Victory Electric Cooperative Association Inc has awarded $20,999 in support to 3 organizations.

Grant RecipientAmount

CRISIS CENTER OF DODGE CITY

Org PageRecipient Profile

Dodge City, KS

PURPOSE: SHARING SUCCESS GRANT

$10,000

DODGE CITY AREA CHAMBER OF COMMERCE

Org PageRecipient Profile

Dodge City, KS

PURPOSE: ANNUAL MEMBERSHIP, STATE OF THE CITY ADDRESS, ANNUAL GOLF TOURNAMENT, DODGE CITY DAYS SALUTE THE TROOPS

$5,599

MAIN STREET DODGE CITY

Org PageRecipient Profile

Dodge City, KS

PURPOSE: ANNUAL MEMBERSHIP, DOWNTOWN TRICK-OR-TREAT

$5,400
View Grant Profile

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