Mountain View Electric Assoc Inc
501(c)(12)
Only null% goes to programs Strong reserves
Mountain View Electric Assoc Inc is a 501(c)(12) organization based in Limon, Colorado, registered in 1959, with $144,731,936 in FY2024 revenue. CharityIndex grades it A.
Po Box 1600, Limon, CO, 80828 EIN 84-0275175 Since 1959
Revenue (FY2024)
$144.7M
▲ 10.2% vs prior year
Expenses (FY2024)
$144.7M
Net assets
$162.6M
Employees
180
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 Mountain View Electric Assoc 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 rating13 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 Mountain View Electric Assoc Inc: 13 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 Mountain View Electric Assoc Inc: 5 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 Mountain View Electric Assoc Inc: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
To provide quality and reliable electric service to members of the cooperative.
Contact & location
Financial trends
Revenue grew from $99.6M (FY2013) to $144.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $351.4MNet assets $162.6M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$514.0M
Total liabilities
$351.4M
Net assets
$162.6M
Salaries & benefits
$16.5M
11% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $144,731,936▲10.2% | $144,731,936▲10.2% | $162,614,500▲7.9% | $514,034,456▲12.9% | 990 |
| 2023 | $131,383,562▲2.4% | $131,383,562▲2.4% | $150,740,275▲3.1% | $455,344,894▲10.2% | 990 |
| 2022 | $128,313,383▼1.5% | $128,313,383▼1.5% | $146,227,310▲2.4% | $413,173,775▲5.7% | 990 |
| 2021 | $130,263,584▲3.5% | $130,263,584▲3.5% | $142,767,716▲4.9% | $390,883,600▲9.3% | 990 |
| 2020 | $125,815,184▲2.9% | $125,815,184▲2.9% | $136,034,239▲3.3% | $357,538,813▲5.9% | 990 |
| 2019 | $122,272,327▲2.6% | $122,272,329▲2.6% | $131,725,914▲3.1% | $337,712,547▲4.3% | 990 |
| 2018 | $119,124,995▲2.5% | $119,124,993▲2.5% | $127,706,778▲3.5% | $323,705,935▲2.6% | 990 |
| 2017 | $116,243,217▲8.5% | $116,243,216▲8.5% | $123,401,938▲5.5% | $315,362,554▲0.9% | 990 |
| 2016 | $107,143,450▲4.6% | $107,143,451▲4.6% | $117,008,643▲4.3% | $312,540,253▲5.5% | 990 |
| 2015 | $102,416,517▲3.8% | $102,416,517▲3.8% | $112,182,898▲4.3% | $296,123,043▲0.5% | 990 |
| 2014 | $98,699,610▼0.9% | $98,699,610▼0.9% | $107,552,470▲1.7% | $294,544,827▲4.4% | 990 |
| 2013 | $99,602,107 | $99,602,107▲6.1% | $105,738,259▲8.1% | $282,070,295▲5.0% | 990 |
| 2012 | — | $93,852,560▲4.3% | $97,795,681▲2.9% | $268,610,189▲2.0% | 990 |
| 2011 | — | $89,997,330▲10.9% | $95,061,692▲5.2% | $263,276,127▲2.7% | 990 |
| 2010 | — | $81,143,674 | $90,324,130 | $256,256,814 | 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: Ruth Marks — $324,830 (0.22% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ruth Marks | Ceo | 48.4 | $324,830 |
| Terryl Jensen | Vp Operations (jan-aug) | 44.9 | $233,191 |
| David Waldner | Vp Engineering | 46.8 | $226,319 |
| Nathanial Oursler | Information Services Manag | 40 | $214,414 |
| Dennis Simmons | Vp Technical Services | 40 | $213,341 |
| Sarah Pinkerton | Vp Member Engagement | 42.5 | $209,831 |
| Michael Anthos | Vp Finance | 41.2 | $205,755 |
| Kristi Hobbs | Hr Manager | 43 | $176,753 |
| Leslie Ulfers | System Engineer I | 44.9 | $175,660 |
| David Williams | Operations Superintendent | 48.1 | $174,159 |
| Todd Shaffer | Vp Operations (sept-dec) | 40.2 | $162,519 |
| Barry Springer | Vice President | 9.3 | $32,600 |
| Kevin Paddock | President | 9.9 | $26,250 |
| James Riggins | Secretary/treasurer | 8.6 | $18,600 |
| Joseph Martin | Assistant Secretary | 5 | $15,900 |
| Edward Hertneky | Director | 4.1 | $10,800 |
| Milton Mathis | Director | 5.2 | $10,800 |
| Ricky Gordon | Director | 2.9 | $9,000 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Benton Technical Services Inc | Fiber Construction Contractor | $10,523,692 |
| Integrity Infrastructure LLC | Fiber Construction Contractor | $9,284,418 |
| Foothills Energy Services Inc | Distribution Plant Construction | $7,514,373 |
| Conexon LLC | Fiber Installation Coordinator | $3,951,163 |
| Mdr Construction Inc | Fiber Construction Contractor | $2,209,723 |
Grants received · $48K total
2 grants to Mountain View Electric Assoc Inc totaling $48K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Energy Outreach Colorado | Energy assistance | 2024 | $20,841 |
| Energy Outreach Colorado | Energy assistance | 2023 | $27,357 |
Grants made · $28K in FY2024
1 grant totaling $28K in FY2024. All grants made by Mountain View Electric Assoc Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Navajo Tribal Utility Authority | Employee labor, overhead, and meals. | $28,499 |
Frequently asked questions
- Is Mountain View Electric Assoc Inc a legitimate nonprofit?
- Yes. Mountain View Electric Assoc Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 84-0275175, based in Limon, Colorado.
- What is Mountain View Electric Assoc Inc's EIN?
- Mountain View Electric Assoc Inc's Employer Identification Number (EIN) is 84-0275175.
- How much revenue does Mountain View Electric Assoc Inc report?
- Mountain View Electric Assoc Inc reported $144,731,936 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mountain View Electric Assoc Inc have?
- CharityIndex grades Mountain View Electric Assoc Inc A, based on financial health (reserves and operating margin).
- How much does Mountain View Electric Assoc Inc's highest-paid employee make?
- The highest reported compensation on Mountain View Electric Assoc Inc's latest Form 990 is $324,830, paid to Ruth Marks (Ceo).
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Explore more
Data for Mountain View Electric Assoc Inc (EIN 84-0275175) 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.