Nebraska Electric Generation and Transmission Cooperative Inc
501(c)(12)
Only null% goes to programs Thin reserves
Nebraska Electric Generation and Transmission Cooperative Inc is a 501(c)(12) organization based in Columbus, Nebraska, registered in 1968, with $261,718,447 in FY2025 revenue. CharityIndex grades it B.
2472 18th Ave, Columbus, NE, 68601 EIN 47-0438125 Since 1968
Revenue (FY2025)
$261.7M
▲ 2.2% vs prior year
Expenses (FY2025)
$261.8M
Net assets
$927K
Employees
3
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Nebraska Electric Generation and Transmission 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 →
CFinancial health25% of the rating0 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 Nebraska Electric Generation and Transmission Cooperative Inc: 0 mo reserves · -0% margin earns a C 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 Nebraska Electric Generation and Transmission Cooperative Inc: 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 Nebraska Electric Generation and Transmission Cooperative Inc: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
Wholesale power supply and delivery to our members.
Contact & location
Financial trends
Revenue grew from $237.0M (FY2020) to $261.7M (FY2025) across 6 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $20.1MNet assets $927K
Operating margin
-0.0%
Spent more than it raised in the latest fiscal year.
Total assets
$21.0M
Total liabilities
$20.1M
Net assets
$927K
Salaries & benefits
$585K
0% of expenses
Board members
20
20 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $261,718,447▲2.2% | $261,760,310▲2.2% | $927,236▼12.4% | $21,001,381▼0.2% | 990 |
| 2024 | $255,967,096▼2.4% | $256,052,031▼2.4% | $1,058,607▼7.4% | $21,051,195▼15.3% | 990 |
| 2023 | $262,303,290▲5.6% | $262,303,290▲5.6% | $1,143,542▼10.6% | $24,848,227▼8.1% | 990 |
| 2022 | $248,434,126▲4.4% | $248,434,126▲4.4% | $1,278,452▲3.4% | $27,043,726▲9.5% | 990 |
| 2021 | $237,875,387▲0.4% | $237,875,387▲0.4% | $1,236,630▼5.4% | $24,698,351▼15.3% | 990 |
| 2020 | $236,950,531 | $236,950,531 | $1,307,145 | $29,167,206 | 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 (FY2025)
Highest-paid: Darin Bloomquist — $273,979 (0.10% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Darin Bloomquist | General Manager | 40 | $273,979 |
| John Schmid | President | 2 | $2,100 |
| David Hamburger | Secretary/treasurer | 2 | $1,850 |
| Brent Ballou | Director | 1 | $1,750 |
| Rodney Zohner | Director | 1 | $1,750 |
| Brad Bartak | Vice President | 2 | $1,500 |
| Danny Muhlbach | Director | 1 | $1,500 |
| Dennis Reiners | Director | 1 | $1,500 |
| Milan Siefken | Director | 1 | $1,500 |
| Kenneth Ham | Director | 1 | $1,450 |
| Matthew Fritz | Director | 1 | $1,450 |
| Robert Schellpeper | Director | 1 | $1,350 |
| Greg Johnson | Director | 1 | $1,250 |
| Larry White | Director | 1 | $1,250 |
| Mark Wyman | Director | 1 | $1,250 |
| Mike Kreitman | Director | 1 | $1,250 |
| Brian Lukasiewicz | Director | 1 | $1,100 |
| Jeffrey Obermier | Director | 1 | $1,100 |
| Leroy Mostek | Director | 1 | $1,100 |
| Brent Stagemeyer | Director | 1 | $1,000 |
Frequently asked questions
- Is Nebraska Electric Generation and Transmission Cooperative Inc a legitimate nonprofit?
- Yes. Nebraska Electric Generation and Transmission Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 47-0438125, based in Columbus, Nebraska.
- What is Nebraska Electric Generation and Transmission Cooperative Inc's EIN?
- Nebraska Electric Generation and Transmission Cooperative Inc's Employer Identification Number (EIN) is 47-0438125.
- How much revenue does Nebraska Electric Generation and Transmission Cooperative Inc report?
- Nebraska Electric Generation and Transmission Cooperative Inc reported $261,718,447 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Nebraska Electric Generation and Transmission Cooperative Inc have?
- CharityIndex grades Nebraska Electric Generation and Transmission Cooperative Inc B, based on financial health (reserves and operating margin).
- How much does Nebraska Electric Generation and Transmission Cooperative Inc's highest-paid employee make?
- The highest reported compensation on Nebraska Electric Generation and Transmission Cooperative Inc's latest Form 990 is $273,979, paid to Darin Bloomquist (General Manager).
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Data for Nebraska Electric Generation and Transmission Cooperative Inc (EIN 47-0438125) 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.