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Clay Electric Cooperative Inc

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$8.14M (2023)

Expenses
$7.52M (2023)

Total Assets
$23.8M (2023)

Total Liabilities
$10.1M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,143,558
Expenses
$7,518,631
Net Income
$624,927
Net Assets
$13,714,625
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,902,699
97.0%
Investment Income $33,321
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $32,901
0.4%
Net Inventory Sales $0
Other Revenue $174,637
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $332,019
4.4%
Assets/Debt
Total Assets $23,789,578
Total Liabilities $10,074,953
Net Assets $13,714,625
Club or Co-Op Income
Income From Members $7,902,700
Income From Other Sources $240,858
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Matt Conklin (Ceo) $139,397 $0 $44,936
Adam Smith (Lineman Foreman) $118,236 $0 $30,681
Eric Moyer (Journeyman Lineman) $116,030 $0 $28,666
Damien Bowling (Lineman Foreman) $115,578 $0 $34,789
Brody Snell (Journeyman Lineman) $111,055 $0 $32,096
James Williams (Journeyman Lineman) $109,437 $0 $35,332
Kevin Logan (Board Director) $9,420 $0 $0
Bob Pierson (President) $9,030 $0 $0
Frank Czyzewski (Board Director) $7,350 $0 $0
Frank Herman (Board Director) $7,140 $0 $0
Richard Rudolphi (Board Director) $6,510 $0 $0
Bill Croy (Vice President) $5,880 $0 $0
Neil Gould (Secretary) $5,040 $0 $0
Evan Smith (Board Director) $4,200 $0 $0
Josh Schnepper (Board Director) $3,990 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,870,317
Expenses
$7,274,322
Net Income
$595,995
Net Assets
$13,202,657
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,658,715
97.3%
Investment Income $18,313
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $193,289
2.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $342,317
4.7%
Assets/Debt
Total Assets $22,402,655
Total Liabilities $9,199,998
Net Assets $13,202,657
Club or Co-Op Income
Income From Members $7,658,715
Income From Other Sources $211,602
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Matt Conklin (Ceo) $135,106 $0 $33,869
Adam Smith (Lineman Foreman) $118,163 $0 $29,460
Damien Bowling (Lineman Foreman) $111,571 $0 $34,820
Eric Moyer (Journeyman Lineman) $109,575 $0 $26,253
Brody Snell (Journeyman Lineman) $104,363 $0 $33,255
Kevin Logan (Board Director) $8,500 $0 $0
Bob Pierson (President) $8,190 $0 $0
Richard Rudolphi (Board Director) $5,460 $0 $0
Frank Czyzewski (Board Director) $4,830 $0 $0
Frank Herman (Board Director) $4,830 $0 $0
Bill Croy (Vice President) $4,830 $0 $0
Neil Gould (Secretary) $3,780 $0 $0
Josh Schnepper (Board Director) $3,570 $0 $0
Evan Smith (Board Director) $3,150 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,990,658
Expenses
$6,880,561
Net Income
$1,110,097
Net Assets
$12,827,753
Notable Sources of Revenue Percent of Total Revenue
Contributions $345,130
4.3%
Program Services $7,435,639
93.1%
Investment Income $14,062
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $13,377
0.2%
Net Inventory Sales $0
Other Revenue $182,450
2.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $283,462
4.1%
Assets/Debt
Total Assets $20,856,382
Total Liabilities $8,028,629
Net Assets $12,827,753
Club or Co-Op Income
Income From Members $7,435,639
Income From Other Sources $555,019
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Luke Johnson (Ceo) $126,896 $0 $29,735
Daniel Henderson (Linemen) $106,338 $0 $20,812
Damien Bowling (Linemen) $103,956 $0 $24,198
Frank Czyzewski (Board Director) $0 $0 $0
Richard Rudolphi (Board Director) $0 $0 $0
Frank Herman (Board Director) $0 $0 $0
Bob Pierson (President) $0 $0 $0
Bill Croy (Vice President) $0 $0 $0
Kevin Logan (Board Director) $0 $0 $0
Neil Gould (Secretary) $0 $0 $0
Brody Snell (Linemen) $0 $0 $0
Evan Smith (Board Director) $0 $0 $0
Josh Schnepper (Board Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,504,430
Expenses
$6,879,065
Net Income
$625,365
Net Assets
$11,885,567
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,388,628
98.5%
Investment Income $10,554
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $10,106
0.1%
Net Inventory Sales $0
Other Revenue $95,142
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $284,727
4.1%
Assets/Debt
Total Assets $19,398,991
Total Liabilities $7,513,424
Net Assets $11,885,567
Club or Co-Op Income
Income From Members $7,388,627
Income From Other Sources $115,802
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Luke Johnson (Ceo) $123,919 $0 $28,496
Damien Bowling (Linemen) $116,634 $0 $24,188
Adam Smith (Linemen) $113,761 $0 $25,598
Brody Snell (Linemen) $110,768 $0 $19,302
Daniel Henderson (Linemen) $107,056 $0 $18,877
Bob Pierson (Board Director) $8,200 $0 $0
Kevin Logan (Vice President) $5,225 $0 $0
Bill Croy (Board Director) $4,400 $0 $0
Frank Czyzewski (Board Director) $4,200 $0 $0
Richard Rudolphi (President) $4,200 $0 $0
Danny Schnepper (Board Director) $4,200 $0 $0
Frank Herman (Board Director) $3,600 $0 $0
Greg Smith (Secretary/Treasurer) $3,400 $0 $0
Neil Gould (Board Director) $3,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,883,360
Expenses
$7,014,351
Net Income
$869,009
Net Assets
$11,424,791
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,636,430
96.9%
Investment Income $26,834
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $8,414
0.1%
Net Inventory Sales $0
Other Revenue $211,682
2.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $273,462
3.9%
Assets/Debt
Total Assets $18,720,941
Total Liabilities $7,296,150
Net Assets $11,424,791
Club or Co-Op Income
Income From Members $7,636,430
Income From Other Sources $246,930

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,764,019
Expenses
$7,135,374
Net Income
$628,645
Net Assets
$10,741,578
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,602,305
97.9%
Investment Income $27,410
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$57,817
Net Inventory Sales $0
Other Revenue $192,121
2.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $334,686
4.7%
Assets/Debt
Total Assets $17,391,170
Total Liabilities $6,649,592
Net Assets $10,741,578
Club or Co-Op Income
Income From Members $7,602,305
Income From Other Sources $161,714

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,234,435
Expenses
$6,756,703
Net Income
$477,732
Net Assets
$10,135,002
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,060,329
97.6%
Investment Income $23,151
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$71,467
Net Inventory Sales $0
Other Revenue $222,422
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $227,130
3.4%
Assets/Debt
Total Assets $15,663,718
Total Liabilities $5,528,716
Net Assets $10,135,002
Club or Co-Op Income
Income From Members $7,060,329
Income From Other Sources $174,106

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,425,119
Expenses
$7,130,093
Net Income
$295,026
Net Assets
$9,800,591
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,154,939
96.4%
Investment Income $14,993
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $17,653
0.2%
Net Inventory Sales $0
Other Revenue $237,534
3.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $152,523
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $244,965
3.4%
Assets/Debt
Total Assets $15,516,486
Total Liabilities $5,715,895
Net Assets $9,800,591
Club or Co-Op Income
Income From Members $7,154,939
Income From Other Sources $270,181

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,414,258
Expenses
$6,967,400
Net Income
$446,858
Net Assets
$9,685,532
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,218,868
97.4%
Investment Income $13,821
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,500
0.0%
Net Inventory Sales $0
Other Revenue $180,069
2.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $159,188
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $241,681
3.5%
Assets/Debt
Total Assets $15,213,737
Total Liabilities $5,528,205
Net Assets $9,685,532
Club or Co-Op Income
Income From Members $7,218,868
Income From Other Sources $195,061

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,786,764
Expenses
$7,164,243
Net Income
$622,521
Net Assets
$9,244,272
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,489,680
96.2%
Investment Income $13,455
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $12,398
0.2%
Net Inventory Sales $0
Other Revenue $271,231
3.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $238,745
3.3%
Assets/Debt
Total Assets $14,755,045
Total Liabilities $5,510,773
Net Assets $9,244,272
Club or Co-Op Income
Income From Members $7,489,680
Income From Other Sources $297,084

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,254,011
Expenses
$6,746,177
Net Income
$507,834
Net Assets
$8,629,443
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,051,517
97.2%
Investment Income $13,738
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,067
Net Inventory Sales $0
Other Revenue $190,823
2.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $242,367
3.6%
Assets/Debt
Total Assets $14,540,596
Total Liabilities $5,911,153
Net Assets $8,629,443
Club or Co-Op Income
Income From Members $7,051,517
Income From Other Sources $202,494

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,916,675
Expenses
$6,685,390
Net Income
$231,285
Net Assets
$8,129,812
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,763,935
97.8%
Investment Income $14,041
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $594
0.0%
Net Inventory Sales $0
Other Revenue $138,105
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $189,104
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $80,792
1.2%
Assets/Debt
Total Assets $13,598,675
Total Liabilities $5,468,863
Net Assets $8,129,812
Club or Co-Op Income
Income From Members $6,763,935
Income From Other Sources $152,740

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,394,068
Expenses
$5,926,234
Net Income
$467,834
Net Assets
$7,904,880
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,316,042
98.8%
Investment Income $14,327
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $7,973
0.1%
Net Inventory Sales $0
Other Revenue $55,726
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $185,449
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $62,047
1.0%
Assets/Debt
Total Assets $13,540,720
Total Liabilities $5,635,840
Net Assets $7,904,880
Club or Co-Op Income
Income From Members $6,321,974
Income From Other Sources $72,093

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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