Delta-montrose Electric Association
501(c)(12)
Only null% goes to programs Strong reserves
Delta-montrose Electric Association is a 501(c)(12) organization based in Montrose, Colorado, registered in 1946, with $78,580,346 in FY2024 revenue. CharityIndex grades it A.
11925 6300 Rd, Montrose, CO, 81401 EIN 84-0185658 Since 1946
Revenue (FY2024)
$78.6M
▼ 0.5% vs prior year
Expenses (FY2024)
$78.0M
Net assets
$69.6M
Employees
152
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 Delta-montrose Electric Association— 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 rating11 mo reserves · +1% 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 Delta-montrose Electric Association: 11 mo reserves · +1% 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 Delta-montrose Electric Association: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 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 Delta-montrose Electric Association: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
We power and unite communities
Contact & location
Financial trends
Revenue grew from $68.9M (FY2013) to $78.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $201.0MNet assets $69.6M
Operating margin
0.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$270.6M
Total liabilities
$201.0M
Net assets
$69.6M
Salaries & benefits
$12.9M
17% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $78,580,346▼0.5% | $77,964,589▼5.6% | $69,623,082▲16.2% | $270,648,519▲3.7% | 990 |
| 2023 | $78,980,604▲6.4% | $82,566,695▲2.0% | $59,898,613▼2.6% | $260,962,911▲6.0% | 990 |
| 2022 | $74,258,937▼9.2% | $80,964,219▲8.7% | $61,511,329▲10.5% | $246,172,379▲5.5% | 990 |
| 2021 | $81,764,019▲11.9% | $74,503,043▼41.4% | $55,661,514▲17.3% | $233,268,073▲6.9% | 990 |
| 2020 | $73,099,050▲1.7% | $127,161,800▲77.2% | $47,435,300▼52.7% | $218,270,006▼9.4% | 990 |
| 2019 | $71,861,295▲0.5% | $71,765,119▲3.2% | $100,260,942▼0.7% | $241,037,884▲7.8% | 990 |
| 2018 | $71,535,185▲3.1% | $69,543,498▲4.9% | $100,995,611▲1.1% | $223,686,114▲7.7% | 990 |
| 2017 | $69,379,780▲4.1% | $66,292,896▲2.2% | $99,928,048▲2.2% | $207,651,183▲11.0% | 990 |
| 2016 | $66,673,465▼2.3% | $64,882,627▼0.8% | $97,800,373▲1.7% | $187,073,409▲4.7% | 990 |
| 2015 | $68,274,704▲0.5% | $65,419,607▲0.4% | $96,146,674▲0.6% | $178,724,545▼0.9% | 990 |
| 2014 | $67,964,985▼1.4% | $65,178,027▼0.2% | $95,613,259▲1.9% | $180,408,440▼0.6% | 990 |
| 2013 | $68,932,582 | $65,338,409▼0.5% | $93,855,401▲3.0% | $181,487,328▼0.5% | 990 |
| 2012 | — | $65,680,793▲2.0% | $91,085,965▲3.4% | $182,326,037▲19.3% | 990 |
| 2011 | — | $64,415,046▲4.4% | $88,090,051▲6.9% | $152,891,966▲1.9% | 990 |
| 2010 | — | $61,723,749 | $82,375,717 | $150,068,050 | 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: Jack Johnston — $430,751 (0.55% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jack Johnston | Chief Executive Officer | 59 | $430,751 |
| B Kent Blackwell | Chief Technical Officer (jan-aug) / Chief Administrative Officer (sep-dec) | 55 | $277,158 |
| Bob Farmer | Chief Information Officer (jan-apr) / Chief Financial Officer (nov-dec) | 48 | $227,611 |
| Cody Carver | Chief Operating Officer | 50 | $218,886 |
| Mateusz Pena | Chief Engineering and Energy Resource Officer | 46 | $214,903 |
| Isaac Chacon | Line Foreman | 49 | $186,872 |
| Gayle Gouker | Chief Financial Officer (jan-apr) / Senior Advisor To Cfo (may-dec) | 45 | $185,534 |
| Terrel Wells | Line Foreman | 47 | $177,979 |
| Tim Brandon | Line Foreman | 47 | $174,761 |
| Nathan Puderbaugh | Lineman Service Truck | 47 | $173,341 |
| Jason Suckey | Chief Information Officer | 50 | $172,142 |
| Mark Kurtz | Director of Broadband Operations | 45 | $168,505 |
| Damon Lockhart | Director | 7.5 | $20,035 |
| Stacia Cannon | President | 8.8 | $18,625 |
| Steve Metheny | Director | 6 | $17,510 |
| Enno Heuscher | Director | 3.1 | $14,775 |
| Jacob Gray | Assistant Secretary/treasurer | 3.3 | $14,710 |
| Kevin Williams | Secretary/treasurer | 7.7 | $13,980 |
| John Fleming | Vice President | 2.9 | $13,400 |
| Emily Sanchez | Director | 2.5 | $12,555 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Lightworks Fiber & Consulting LLC | Fiber Construction | $11,302,035 |
| Mccall Concrete Construction | Construction | $196,922 |
| Cohick Excavation LLC | Construction | $173,899 |
| Holland & Hart Attorneys | Legal | $111,975 |
Grants received · $219K total
6 grants to Delta-montrose Electric Association totaling $219K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Energy Outreach Colorado | Energy assistance | 2024 | $21,292 |
| Energy Outreach Colorado | Energy assistance | 2023 | $42,185 |
| National Rural Utilities Cooperative Finance Corp | Integrity fund - territory threat | 2017 | $15,755 |
| National Rural Utilities Cooperative Finance Corp | Integrity fund - territory threat | 2016 | $15,755 |
| National Rural Utilities Cooperative Finance Corp | Integrity fund - territory threat | 2015 | $71,734 |
| National Rural Utilities Cooperative Finance Corp | Integrity fund - territory threat | 2014 | $52,573 |
Grants made · $171K in FY2024
8 grants totaling $171K in FY2024. All grants made by Delta-montrose Electric Association →
| Recipient | Purpose | Amount |
|---|---|---|
| Montrose Community Foundation | General support | $57,150 |
| Magic Circle Players | General support | $25,000 |
| Delta County School District #50 | General support | $21,750 |
| Grand Mesa Nordic Council | Genral support | $20,000 |
| Energy Outreach Colorado | General support | $18,365 |
| Delta County Fair | General support | $11,366 |
| Montrose County Fair | General support | $10,123 |
| North Fork Ambulance Auxiliary | General support | $7,500 |
Frequently asked questions
- Is Delta-montrose Electric Association a legitimate nonprofit?
- Yes. Delta-montrose Electric Association is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 84-0185658, based in Montrose, Colorado.
- What is Delta-montrose Electric Association's EIN?
- Delta-montrose Electric Association's Employer Identification Number (EIN) is 84-0185658.
- How much revenue does Delta-montrose Electric Association report?
- Delta-montrose Electric Association reported $78,580,346 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Delta-montrose Electric Association have?
- CharityIndex grades Delta-montrose Electric Association A, based on financial health (reserves and operating margin).
- How much does Delta-montrose Electric Association's highest-paid employee make?
- The highest reported compensation on Delta-montrose Electric Association's latest Form 990 is $430,751, paid to Jack Johnston (Chief Executive Officer).
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Data for Delta-montrose Electric Association (EIN 84-0185658) 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.