Cimarron Electric Cooperative Inc
501(c)(12)
Strong reserves
Cimarron Electric Cooperative Inc is a 501(c)(12) organization based in Kingfisher, Oklahoma, registered in 1941, with $76,049,563 in FY2024 revenue.
Po Box 299, Kingfisher, OK, 73750 EIN 73-0195455 Since 1941
Revenue (FY2024)
$76.0M
▼ 4.4% vs prior year
Expenses (FY2024)
$76.0M
Net assets
$85.6M
Employees
55
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Cimarron Electric Cooperative Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating14 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Cimarron Electric Cooperative Inc: 14 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Cimarron Electric Cooperative Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cimarron Electric Cooperative Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide electric power to rural areas at cost on a cooperative basis.
Contact & location
- Address
- Po Box 299, Kingfisher, OK, 73750
- City
- Kingfisher
- State
- Oklahoma
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $30.4M (FY2013) to $76.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $103.7MNet assets $85.6M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$189.3M
Total liabilities
$103.7M
Net assets
$85.6M
Salaries & benefits
$6.0M
8% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $76,049,563▼4.4% | $76,049,563▼4.4% | $85,595,254▲6.5% | $189,273,979▲2.2% | 990 |
| 2023 | $79,539,937▼7.5% | $79,539,937▼7.5% | $80,334,835▲6.4% | $185,207,084▲4.2% | 990 |
| 2022 | $85,946,954▲27.1% | $85,946,954▲27.1% | $75,507,539▲9.4% | $177,760,521▲4.8% | 990 |
| 2021 | $67,599,249▲13.0% | $67,599,249▲13.0% | $69,018,930▲8.4% | $169,637,752▲3.4% | 990 |
| 2020 | $59,840,992▼3.8% | $59,840,992▼3.8% | $63,692,205▲8.0% | $164,080,321▲4.0% | 990 |
| 2019 | $62,204,520▲21.9% | $62,204,520▲21.9% | $58,993,098▲13.7% | $157,743,276▲11.5% | 990 |
| 2018 | $51,039,675▲21.1% | $51,039,675▲19.8% | $51,876,582▲13.8% | $141,530,472▲17.6% | 990 |
| 2017 | $42,131,949▲15.0% | $42,621,401▲13.7% | $45,566,880▲9.8% | $120,345,475▼1.6% | 990 |
| 2016 | $36,630,871▼2.2% | $37,499,717▼1.6% | $41,496,542▲6.4% | $122,359,890▲18.7% | 990 |
| 2015 | $37,440,806▲1.4% | $38,119,347▼1.5% | $39,000,890▲15.3% | $103,088,359▲16.8% | 990 |
| 2014 | $36,933,394▲21.3% | $38,693,144▲23.4% | $33,819,140▲14.0% | $88,284,286▼0.4% | 990 |
| 2013 | $30,447,539 | $31,365,986▲12.2% | $29,656,515▲11.0% | $88,659,833▲10.4% | 990 |
| 2012 | — | $27,947,475▲0.3% | $26,729,244▲6.4% | $80,321,071▲8.6% | 990 |
| 2011 | — | $27,861,203▲17.6% | $25,110,154▲1.2% | $73,992,033▲6.8% | 990 |
| 2010 | — | $23,687,624 | $24,808,187 | $69,305,837 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Aaron Roark — $437,338 (0.58% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Aaron Roark | Chief Executive Officer | 50 | $437,338 |
| Jeff Hyatt | Chief Marketing Officer | 45 | $229,373 |
| Mark Andrews | Senior Vp Finance & Admin | 45 | $201,130 |
| Ronald Pennington | Senior Vp Operations | 45 | $189,712 |
| Stephanie Jones | Chief Technology Officer | 45 | $164,454 |
| Richard Reherman | Senior Vp Accounting | 40 | $164,187 |
| Brandon Shirey | Area Service Rep | 47 | $140,579 |
| Rodney Johnson | Operations Superintendent | 45 | $137,414 |
| Aubrey Cook | Journeyman Lineman | 48 | $133,820 |
| Jerry Stroope | Area Service Rep | 46 | $132,813 |
| Rudy Patzkowsky | Trustee | 6.5 | $20,450 |
| Tom Kloeppel | Trustee | 5.9 | $20,100 |
| Gene Peters | Trustee | 3.7 | $19,750 |
| Robert Yeoman | Trustee | 9.7 | $19,750 |
| Amie Reed | Secretary | 5.5 | $18,000 |
| Chalentz Hedges | Treasurer | 9.7 | $18,000 |
| Lane Broadbent | Trustee | 4.2 | $18,000 |
| Raymond Flatt | Vice President | 7.2 | $18,000 |
| Ron Sproul | President | 6.3 | $18,000 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| R&r Powerline Construction | Electrical Dist. Line Construction | $1,650,380 |
| Riggs Tree Services Inc | Right-of-way Clearing | $1,521,830 |
| Vale Power Lines | Electrical Dist. Line Construction | $1,308,605 |
| Liberty Line Construction | Electrical Dist. Line Construction | $996,480 |
| Line Precision Contracting LLC | Electrical Dist. Line Construction | $809,156 |
Grants made · $8,400 in FY2023
1 grant totaling $8,400 in FY2023. All grants made by Cimarron Electric Cooperative Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Cashion Athletic Sports Association Inc | Contribution for field lights at cashion softball field | $8,400 |
Frequently asked questions
- Is Cimarron Electric Cooperative Inc a legitimate nonprofit?
- Yes. Cimarron Electric Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 73-0195455, based in Kingfisher, Oklahoma.
- What is Cimarron Electric Cooperative Inc's EIN?
- Cimarron Electric Cooperative Inc's Employer Identification Number (EIN) is 73-0195455.
- How much revenue does Cimarron Electric Cooperative Inc report?
- Cimarron Electric Cooperative Inc reported $76,049,563 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does Cimarron Electric Cooperative Inc's highest-paid employee make?
- The highest reported compensation on Cimarron Electric Cooperative Inc's latest Form 990 is $437,338, paid to Aaron Roark (Chief Executive Officer).
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Explore more
Data for Cimarron Electric Cooperative Inc (EIN 73-0195455) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.