Ozark Electric Cooperative
501(c)(12)
Strong reserves Growing revenue
Ozark Electric Cooperative is a 501(c)(12) organization based in Mount Vernon, Missouri, registered in 1939, with $80,449,418 in FY2024 revenue.
Po Box 420, Mount Vernon, MO, 65712 EIN 44-0380405 Since 1939
Revenue (FY2024)
$80.4M
▲ 5.8% vs prior year
Expenses (FY2024)
$80.4M
Net assets
$113.0M
Employees
103
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 Ozark Electric Cooperative— 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 rating17 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 Ozark Electric Cooperative: 17 mo reserves · +0% 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 Ozark Electric Cooperative: 6 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 Ozark Electric Cooperative: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The most significant activity of the organization is the distribution of electricity to members at an affordable rate
Contact & location
- Address
- Po Box 420, Mount Vernon, MO, 65712
- City
- Mount Vernon
- State
- Missouri
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $61.6M (FY2020) to $80.4M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $105.3MNet assets $113.0M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$218.3M
Total liabilities
$105.3M
Net assets
$113.0M
Salaries & benefits
$927K
1% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $80,449,418▲5.8% | $80,449,418▲5.8% | $113,027,332▲9.3% | $218,300,199▲0.9% | 990 |
| 2023 | $76,057,964▲12.6% | $76,057,964▲12.6% | $103,383,492▲8.6% | $216,370,576▲5.6% | 990 |
| 2022 | $67,554,999▲3.8% | $67,554,999▲3.8% | $95,237,886▲1.3% | $204,992,410▲2.6% | 990 |
| 2021 | $65,062,513▲5.6% | $65,062,513▲5.6% | $94,056,399▲4.2% | $199,707,091▲1.9% | 990 |
| 2020 | $61,623,676 | $61,623,676 | $90,266,766 | $195,899,442 | 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: Patrick Oehlschlager — $289,050 (0.36% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Patrick Oehlschlager | General Manager | 48 | $289,050 |
| Kenneth Raming | Manager Engineering | 45 | $187,289 |
| Steve Swearingen | Manager Operations | 50 | $163,773 |
| Vincent Robison | Construction Foreman | 50 | $141,505 |
| Craig Rice | Construction Foreman | 50 | $140,780 |
| Jeffrey Smith | Lead Lineman | 50 | $140,606 |
| Tori Morris | Cfo | 45 | $122,181 |
| Wendall Bolin | Director | 15 | $28,000 |
| Ryan Post | Director | 20 | $22,400 |
| Michael Smotherman | Director Through 724 | 15 | $17,500 |
| Od Cope | Director | 10 | $17,500 |
| Daren Bowles | Director | 15 | $16,100 |
| Steve Stone | Director | 20 | $14,000 |
| Byron Stine | Director Through 724 | 15 | $12,600 |
| David Trogdon | Director | 10 | $12,600 |
| Ron Crighton | Director Through 724 | 10 | $7,700 |
| Scott Mahaffey | Director Begin 724 | 30 | $7,000 |
| Kolby Kallweit | Director Begin 724 | 30 | $5,600 |
| Mitchell Sims | Director Begin 724 | 20 | $5,600 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Riggs Tree Service | Tree Trimming | $2,560,552 |
| Kiowa Line Builders | Electric Line Construction | $1,398,929 |
| Vaught Tree Service | — | $743,180 |
| Apex Right of Way | Row Spraying | $215,326 |
| Usic Locating Services | Line Locating | $195,276 |
Frequently asked questions
- Is Ozark Electric Cooperative a legitimate nonprofit?
- Yes. Ozark Electric Cooperative is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 44-0380405, based in Mount Vernon, Missouri.
- What is Ozark Electric Cooperative's EIN?
- Ozark Electric Cooperative's Employer Identification Number (EIN) is 44-0380405.
- How much revenue does Ozark Electric Cooperative report?
- Ozark Electric Cooperative reported $80,449,418 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does Ozark Electric Cooperative's highest-paid employee make?
- The highest reported compensation on Ozark Electric Cooperative's latest Form 990 is $289,050, paid to Patrick Oehlschlager (General Manager).
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Data for Ozark Electric Cooperative (EIN 44-0380405) 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.