Victory Electric Cooperative Association Inc
501(c)(12)
Only null% goes to programs Strong reserves
Victory Electric Cooperative Association Inc is a 501(c)(12) organization based in Dodge City, Kansas, registered in 1954, with $74,927,824 in FY2024 revenue. CharityIndex grades it A.
Po Box 1335, Dodge City, KS, 67801 EIN 48-0499309 Since 1954
Revenue (FY2024)
$74.9M
▲ 3.5% vs prior year
Expenses (FY2024)
$74.6M
Net assets
$87.1M
Employees
80
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 Victory Electric Cooperative Association 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 rating14 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 Victory Electric Cooperative Association Inc: 14 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 Victory Electric Cooperative Association 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 Victory Electric Cooperative Association 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
- Address
- Po Box 1335, Dodge City, KS, 67801
- City
- Dodge City
- State
- Kansas
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $79.4M (FY2014) to $74.9M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $105.2MNet assets $87.1M
Operating margin
0.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$192.3M
Total liabilities
$105.2M
Net assets
$87.1M
Salaries & benefits
$7.5M
10% of expenses
Board members
11
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $74,927,824▲3.5% | $74,618,444▲3.9% | $87,089,770▲6.4% | $192,313,303▲1.1% | 990 |
| 2023 | $72,384,416▼17.5% | $71,810,969▼18.0% | $81,886,627▲6.7% | $190,296,293▲2.9% | 990 |
| 2022 | $87,729,431▲2.2% | $87,545,520▲4.5% | $76,726,112▲9.4% | $184,950,618▲1.7% | 990 |
| 2021 | $85,802,968▲23.0% | $83,799,708▲20.0% | $70,126,887▲14.5% | $181,839,680▲7.3% | 990 |
| 2020 | $69,764,583▲0.1% | $69,822,632▼1.1% | $61,241,422▲5.5% | $169,453,454▲0.1% | 990 |
| 2019 | $69,729,714▼9.0% | $70,614,512▼7.6% | $58,064,062▲14.3% | $169,214,094▲7.6% | 990 |
| 2018 | $76,657,276▲4.9% | $76,409,975▲5.0% | $50,815,637▲16.1% | $157,198,788▲0.7% | 990 |
| 2017 | $73,101,382▲2.9% | $72,769,767▲3.4% | $43,781,697▲16.9% | $156,059,677▲3.8% | 990 |
| 2016 | $71,038,808▲3.0% | $70,369,650▲2.1% | $37,437,152▲14.4% | $150,357,763▲3.2% | 990 |
| 2015 | $68,957,139▼13.2% | $68,924,736▼13.2% | $32,720,168▼10.7% | $145,730,540▲5.0% | 990 |
| 2014 | $79,443,610 | $79,443,610▲27.0% | $36,640,666▲58.7% | $138,748,429▲26.8% | 990 |
| 2012 | — | $62,538,606▼2.8% | $23,085,064▲20.5% | $109,453,091▲6.8% | 990 |
| 2011 | — | $64,330,052▲11.3% | $19,151,431▲24.1% | $102,490,031▲8.1% | 990 |
| 2010 | — | $57,811,391 | $15,437,323 | $94,784,454 | 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: Anthony S Laws — $404,651 (0.54% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Anthony S Laws | Ceo | 60 | $404,651 |
| Angela K Unruh | Cfo | 48 | $205,333 |
| Denzil Mcgill | Cio | 45 | $189,012 |
| Ryan Miller | Vp of Operations | 48 | $160,771 |
| Amy Grasser | Vp of Corporate Services/hr | 45 | $154,190 |
| Ted Mcatee | Journeyman Lineman | 53.1 | $149,468 |
| Rob Henry | Vp of Engineering | 50 | $148,362 |
| Jesus Ruiz | Journeyman Lineman | 49.2 | $143,017 |
| Patrick Deaver | Journeyman Lineman | 45.4 | $132,499 |
| Ross Ackerman | Journeyman Lineman | 46.6 | $132,049 |
| Cedric Drewes | Vice President | 8 | $40,278 |
| James L Ochs | Trustee | 7 | $36,078 |
| Megan Evans | Trustee | 7 | $34,560 |
| John Leis | Trustee | 5 | $31,545 |
| Patrick Morse | Trustee | 5 | $29,980 |
| James Daryl Tieben | President | 6.3 | $29,080 |
| Jim Imel | Trustee | 7 | $26,855 |
| Randy Quint | Trustee | 4.5 | $26,680 |
| Terri Larson | Secretary-treasurer | 7 | $26,080 |
| Kenny Wehkamp | Trustee | 10 | $25,780 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Electricomm Inc | Oil Site Samples, Site Surveys, Engineer | $2,108,067 |
| Pennick Services Inc | Directional Drilling Services | $534,079 |
| Nisc | Billing & Software Services | $390,585 |
| Kansas Electric Cooperative | Assessments, Subscription Dues, Safety M | $289,942 |
| Gwaltney Incdiamond Roofing | Roof Replacement | $234,224 |
Grants made · $26K in FY2024
4 grants totaling $26K in FY2024. All grants made by Victory Electric Cooperative Association Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Veterans of Foreign Wars of the United States Dept of Kansas | Cobank sharing success grant | $10,000 |
| Dodge City Chamber of Commerce | Annual membership, state of the city address, annual golf tournament, dodge city days hamburger feed | $5,539 |
| Dodge City Ford County Development Corporation | Annual pledge, youth entrepreneurship competition | $5,500 |
| Usd 459 Bucklin | Football field upgrades | $5,409 |
Frequently asked questions
- Is Victory Electric Cooperative Association Inc a legitimate nonprofit?
- Yes. Victory Electric Cooperative Association Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 48-0499309, based in Dodge City, Kansas.
- What is Victory Electric Cooperative Association Inc's EIN?
- Victory Electric Cooperative Association Inc's Employer Identification Number (EIN) is 48-0499309.
- How much revenue does Victory Electric Cooperative Association Inc report?
- Victory Electric Cooperative Association Inc reported $74,927,824 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Victory Electric Cooperative Association Inc have?
- CharityIndex grades Victory Electric Cooperative Association Inc A, based on financial health (reserves and operating margin).
- How much does Victory Electric Cooperative Association Inc's highest-paid employee make?
- The highest reported compensation on Victory Electric Cooperative Association Inc's latest Form 990 is $404,651, paid to Anthony S Laws (Ceo).
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Data for Victory Electric Cooperative Association Inc (EIN 48-0499309) 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.