Clark Energy Cooperative Inc
501(c)(12)
100% goes to programs $0 to raise $100 Strong reserves
Clark Energy Cooperative Inc is a 501(c)(12) organization based in Winchester, Kentucky, registered in 1942, with $58,868,817 in FY2024 revenue. CharityIndex grades it A, and it directs about 100% of spending to programs.
Po Box 748, Winchester, KY, 40392 EIN 61-0158153 Since 1942
Revenue (FY2024)
$58.9M
▲ 1.5% vs prior year
Expenses (FY2024)
$58.9M
Net assets
$71.1M
Employees
59
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating100% to programs · $0 to raise $100
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. For Clark Energy Cooperative Inc: 100% to programs · $0 to raise $100 earns a A+ on this criterion. 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 Clark Energy Cooperative Inc: 14 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Clark Energy Cooperative Inc: 5 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 Clark Energy Cooperative Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Provide distribution electric service to member owners on a patronage basis.
Contact & location
- Address
- Po Box 748, Winchester, KY, 40392
- City
- Winchester
- State
- Kentucky
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $52.8M (FY2013) to $58.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $82.2MNet assets $71.1M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$153.3M
Total liabilities
$82.2M
Net assets
$71.1M
Salaries & benefits
$7.2M
12% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $58,868,817▲1.5% | $58,868,817▲1.5% | $71,120,277▲2.3% | $153,297,600▲3.5% | 990 |
| 2023 | $57,995,331▼5.4% | $57,995,331▼5.4% | $69,509,807▼0.9% | $148,063,694▲3.3% | 990 |
| 2022 | $61,300,046▲15.7% | $61,300,046▲15.7% | $70,120,742▲3.5% | $143,276,361 | 990 |
| 2021 | $52,998,836▲11.0% | $52,998,836▲11.0% | $67,769,240▲5.5% | $143,307,649▲5.5% | 990 |
| 2020 | $47,730,956▼3.7% | $47,730,956▼3.7% | $64,258,245▲5.0% | $135,804,454▲2.7% | 990 |
| 2019 | $49,581,870▼4.6% | $49,581,870▼4.6% | $61,170,284▲1.4% | $132,264,325▲1.8% | 990 |
| 2018 | $51,950,634▲11.8% | $51,950,634▲11.8% | $60,329,898▲6.3% | $129,899,469▲4.0% | 990 |
| 2017 | $46,484,718▼5.4% | $46,484,718▼5.4% | $56,754,082▲1.7% | $124,934,831▲2.5% | 990 |
| 2016 | $49,127,756▼3.0% | $49,127,756▼3.0% | $55,808,321▲5.6% | $121,887,263▲2.2% | 990 |
| 2015 | $50,638,600▼7.2% | $50,638,600▼7.2% | $52,865,655▲2.2% | $119,295,432▲1.8% | 990 |
| 2014 | $54,570,892▲3.4% | $54,570,892▲3.4% | $51,705,678▲8.3% | $117,185,604▲3.2% | 990 |
| 2013 | $52,751,280 | $52,751,280▲6.4% | $47,752,975▲11.5% | $113,586,577▲5.6% | 990 |
| 2012 | — | $49,586,938▼1.8% | $42,822,870▲6.0% | $107,600,324▲3.9% | 990 |
| 2011 | — | $50,505,287▲13.1% | $40,388,478▲9.6% | $103,591,668▲2.8% | 990 |
| 2010 | — | $44,669,528 | $36,855,783 | $100,772,610 | 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: Robert Brewer — $289,821 (0.49% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Robert Brewer | President/ceo | 40 | $289,821 |
| C Philip Blythe | Vp Operations | 40 | $152,990 |
| Raymond Todd Peyton | Vp Engineering | 40 | $148,449 |
| Brian Frasure | Vp Finance | 40 | $144,622 |
| Johnny Case | Direct Foreman | 46 | $137,035 |
| Chad Cline | District Foreman | 49 | $131,687 |
| Johnny Perdue | District Foreman | 46 | $125,001 |
| Linville Gale Means | Director | 35 | $30,141 |
| Everett Curry | Director | 5 | $23,659 |
| Walter Ballard | Director | 14 | $22,096 |
| Allen Patrick | Asst. Secretary/treasurer | 10 | $21,727 |
| Oh Caudill | Vice Chairman | 6 | $18,897 |
| Steve Hale | Chairman | 10 | $18,473 |
| Robert Russell | Secretary/treasurer | 5 | $17,199 |
| Mary Shearer | Director | 4 | $15,042 |
| Dewey Hollon | Director | 10 | $12,473 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Davis H Elliot | Line Work | $4,344,010 |
| W A Kendall | Right of Way | $1,411,602 |
| The Davey Tree Expert Company | Line Work | $617,328 |
| Osmose Utilities Services | Line Work | $538,677 |
| Bmc Contracting | Right of Way | $187,525 |
Frequently asked questions
- Is Clark Energy Cooperative Inc a legitimate nonprofit?
- Yes. Clark Energy Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 61-0158153, based in Winchester, Kentucky.
- What is Clark Energy Cooperative Inc's EIN?
- Clark Energy Cooperative Inc's Employer Identification Number (EIN) is 61-0158153.
- How much revenue does Clark Energy Cooperative Inc report?
- Clark Energy Cooperative Inc reported $58,868,817 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Clark Energy Cooperative Inc's spending goes to programs?
- Clark Energy Cooperative Inc spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Clark Energy Cooperative Inc have?
- CharityIndex grades Clark Energy Cooperative Inc A, based on program efficiency and fundraising cost.
- How much does Clark Energy Cooperative Inc's highest-paid employee make?
- The highest reported compensation on Clark Energy Cooperative Inc's latest Form 990 is $289,821, paid to Robert Brewer (President/ceo).
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Data for Clark Energy Cooperative Inc (EIN 61-0158153) 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.