4 Rivers Electric Cooperative Inc

Organization Overview

4 Rivers Electric Cooperative Inc is located in Lebo, KS. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, 4 Rivers Electric Cooperative Inc employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 4 Rivers Electric Cooperative 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, 4 Rivers Electric Cooperative Inc generated $28.0m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $26.0m during the year ending 12/2021. While expenses have increased by 2.4% per year over the past 2 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 ELECTRICITY SERVICE TO MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

4 RIVERS ELECTRIC COOPERATIVE IS A RURAL ELECTRIC COOPERATIVE DELIVERING ELECTRICITY TO 12,561 METERS IN PORTIONS OF 16 COUNTIES IN EAST, CENTRAL KANSAS. THE GOAL IS TO PROVIDE CONSISTENT, RELIABLE ELECTRIC SERVICE TO OUR MEMBERS AT A REASONABLE COST, CONSISTENT WITH MAINTAINING SOUND BUSINESS PRACTICES.


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Board, Officers & Key Employees

Name (title)Compensation
Dennis Svanes
CEO
$261,414
Mark Doebele
COO
$169,857
Roger Cole
CFO
$144,444
Kenneth Caudell
It Manager
$124,330
Robert Harkrader
Trustee
$4,800
David Kunkel
Trustee
$4,650

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Altec Industries
Truck Purchases
$781,711
Poor Boy Tree Service Inc
Contract Brush Removal
$382,533
Anixter Inc
Electrical Supplies
$1,096,604
Osmose Utilities Services Inc
Pole Testing
$289,505
Koehn
Building Construction
$481,354
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,069,310
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$1,069,310
Total Program Service Revenue$26,556,363
Investment income $40,256
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $24,009
Net Gain/Loss on Asset Sales $266,128
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $9,557
Miscellaneous Revenue$0
Total Revenue $27,965,623

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