Intercounty Electric Cooperative Association
501(c)(12)
100% goes to programs Strong reserves Growing revenue
Intercounty Electric Cooperative Association is a 501(c)(12) organization based in Licking, Missouri, registered in 1945, with $71,759,787 in FY2024 revenue. CharityIndex grades it B+, and it directs about 100% of spending to programs.
102 Maple Ave, Licking, MO, 65542 EIN 44-0296100 Since 1945
Revenue (FY2024)
$71.8M
▲ 7.4% vs prior year
Expenses (FY2024)
$65.0M
Net assets
$95.4M
Employees
119
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating100% to programs
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 Intercounty Electric Cooperative Association: 100% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating18 mo reserves · +9% 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 Intercounty Electric Cooperative Association: 18 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
C+Governance25% of the rating3 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 Intercounty Electric Cooperative Association: 3 of 6 checks met earns a C+ 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 Intercounty Electric Cooperative Association: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Sale of electricity to members of the cooperative
Contact & location
Financial trends
Revenue grew from $56.5M (FY2013) to $71.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $105.1MNet assets $95.4M
Operating margin
9.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$200.4M
Total liabilities
$105.1M
Net assets
$95.4M
Salaries & benefits
$12.1M
19% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $71,759,787▲7.4% | $64,977,435▲7.3% | $95,363,847▲3.3% | $200,418,883▲11.3% | 990 |
| 2023 | $66,807,802▲4.6% | $60,532,457▲0.5% | $92,345,060▲19.3% | $180,027,579▲2.4% | 990 |
| 2022 | $63,855,241▲6.5% | $60,202,063▲4.5% | $77,377,692▲33.4% | $175,726,427▲5.4% | 990 |
| 2021 | $59,982,496▼2.5% | $57,588,650▲1.2% | $58,019,116▲12.3% | $166,771,761▲3.1% | 990 |
| 2020 | $61,543,051▼0.3% | $56,884,782▼0.6% | $51,660,985▼8.5% | $161,786,643▲2.5% | 990 |
| 2019 | $61,747,376▲3.5% | $57,222,068▲2.7% | $56,433,106▼6.8% | $157,864,440▲1.6% | 990 |
| 2018 | $59,665,734▲7.2% | $55,719,549▲7.4% | $60,542,475▲6.6% | $155,414,275▲2.6% | 990 |
| 2017 | $55,660,081▲0.7% | $51,872,416 | $56,814,503▲10.4% | $151,434,134▲7.1% | 990 |
| 2016 | $55,284,173▲0.8% | $51,848,846▲1.4% | $51,454,880▲12.7% | $141,433,272▼2.2% | 990 |
| 2015 | $54,863,958▼2.9% | $51,157,745▲0.3% | $45,664,026▲8.8% | $144,610,269▲4.2% | 990 |
| 2014 | $56,511,597▲0.1% | $51,025,887▼0.9% | $41,970,130▼19.2% | $138,829,081▲1.2% | 990 |
| 2013 | $56,465,403 | $51,487,507▼0.1% | $51,947,213▲23.6% | $137,235,516▲2.2% | 990 |
| 2012 | — | $51,545,048▼2.1% | $42,043,565▲1.4% | $134,287,596▲0.3% | 990 |
| 2011 | — | $52,633,275▲144% | $41,467,897▼12.0% | $133,949,677▲1.4% | 990 |
| 2010 | — | $21,572,057 | $47,149,138 | $132,148,581 | 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: Charles D Lane — $221,236 (0.34% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Charles D Lane | Ceo | 40 | $221,236 |
| Sarah Akers | Director of Finance and Ac | 40 | $143,838 |
| Billy L Cordsmeyer | Director of Operations | 40 | $143,165 |
| Scott Cahill | Construction Foreman | 48 | $140,974 |
| Aaron C Becklenberg | Construction Foreman | 48 | $135,407 |
| Aaron Scantlin | Construction Foreman | 48 | $133,889 |
| Samuel Auxier | Vice President | 11 | $37,423 |
| Charles Manier | Board Member | 9 | $33,373 |
| Angela Mallery | Board Member | 9 | $31,423 |
| Regina Zervos | Board Member | 5 | $30,073 |
| Doyle Bradford | Board Member | 8 | $27,415 |
| Matthew Duncan | President | 13 | $27,015 |
| Tom Fleener | Secretary/treasurer | 10 | $25,465 |
| James Swindell | Board Member | 4 | $23,665 |
| Michael Smith | Board Member | 6 | $23,515 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Wa Kendall and Company LLC | Row Trimming | $2,524,838 |
| Arkansas Electric Cooperative | Row Trimming/inventory Purchases | $894,741 |
| Kiowa Line Builders Inc | Pole Replacement | $740,245 |
| Asplundh | Row Trimming | $516,562 |
| National Information Solutions Cooperati | Software, Billing and Mailing Services | $512,524 |
Grants made · $11K in FY2024
2 grants totaling $11K in FY2024. All grants made by Intercounty Electric Cooperative Association →
| Recipient | Purpose | Amount |
|---|---|---|
| Intercounty Charitable and Educational Education | Provided grants to foster care and adoption organizations to assist with operating expenses. | $10,000 |
| Cooperative Family Fund | Provided grants to establish grief counseling and financial assistance to families of deceased cooperative employees. | $500 |
Frequently asked questions
- Is Intercounty Electric Cooperative Association a legitimate nonprofit?
- Yes. Intercounty Electric Cooperative Association is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 44-0296100, based in Licking, Missouri.
- What is Intercounty Electric Cooperative Association's EIN?
- Intercounty Electric Cooperative Association's Employer Identification Number (EIN) is 44-0296100.
- How much revenue does Intercounty Electric Cooperative Association report?
- Intercounty Electric Cooperative Association reported $71,759,787 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Intercounty Electric Cooperative Association's spending goes to programs?
- Intercounty Electric Cooperative Association spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Intercounty Electric Cooperative Association have?
- CharityIndex grades Intercounty Electric Cooperative Association B+, based on program efficiency and fundraising cost.
- How much does Intercounty Electric Cooperative Association's highest-paid employee make?
- The highest reported compensation on Intercounty Electric Cooperative Association's latest Form 990 is $221,236, paid to Charles D Lane (Ceo).
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Data for Intercounty Electric Cooperative Association (EIN 44-0296100) 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.