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Grundy Electric Cooperative Incorporated

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.

Summary charts: organization finances over time

Revenue
$14.8M (2023)

Expenses
$14.5M (2023)

Total Assets
$61.1M (2023)

Total Liabilities
$38.9M (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
$14,845,781
Expenses
$14,498,315
Net Income
$347,466
Net Assets
$22,205,649
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,765,413
99.5%
Investment Income $80,368
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $564,558
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $61,112,488
Total Liabilities $38,906,839
Net Assets $22,205,649
Club or Co-Op Income
Income From Members $14,099,820
Income From Other Sources $1,495,961
Compensation
Key Employees and Officers Compensation Related Other
Scott Wilson (Ceo & Manager) $222,499 $0 $120,671
Cathy Mc Kay (Asst Mgr/Mgr Finance) $128,913 $0 $62,576
Jeff Pash (Operations Manager) $124,921 $0 $62,156
Hunter Boxley (Area Supervisor) $114,953 $0 $15,078
Scott Crawford (Lead Lineman) $112,844 $0 $53,995
Troy Slagle (It Manager) $108,532 $0 $57,293
Jeff Norris (Area Supervisor) $107,279 $0 $54,774
Marvin Harding (Secretary) $12,500 $0 $0
Alan Guernsey (Director) $11,500 $0 $0
Joe Hartley (Vice President) $8,000 $0 $0
Eric Woodard (President) $7,500 $0 $0
Richard Moore (Treasurer) $6,500 $0 $0
Adrian Cox (Director) $6,500 $0 $0
Dan Lentz (Director) $6,500 $0 $0
Rodney Ewing (Director) $6,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,443,021
Expenses
$15,229,274
Net Income
$213,747
Net Assets
$21,178,043
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,357,132
99.4%
Investment Income $85,889
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $530,784
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $57,314,779
Total Liabilities $36,136,736
Net Assets $21,178,043
Club or Co-Op Income
Income From Members $14,516,857
Income From Other Sources $926,164
Compensation
Key Employees and Officers Compensation Related Other
Scott Wilson (Ceo & Manager) $204,703 $0 $135,631
Keith Vandevender (Area Supervisor) $126,325 $0 $22,054
Cathy Mc Kay (Office Manager) $124,247 $0 $68,331
Jeff Pash (Operations Manager) $120,585 $0 $68,036
Troy Slagle (It Manager) $105,907 $0 $67,705
Scott Crawford (Lead Lineman) $104,892 $0 $64,603
Hunter Boxley (Area Supervisor) $104,408 $0 $16,317
Marvin Harding (Secretary) $12,250 $0 $0
Alan Guernsey (Director) $10,000 $0 $0
Adrian Cox (Director) $8,500 $0 $0
Dan Lentz (President) $8,000 $0 $0
Eric Woodard (Director) $8,000 $0 $0
Joe Hartley (Vice President) $7,000 $0 $0
Rodney Ewing (Director) $7,000 $0 $0
Richard Moore (Treasurer) $6,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,893,740
Expenses
$14,426,514
Net Income
$1,467,226
Net Assets
$20,714,136
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,859,389
99.8%
Investment Income $34,351
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $498,472
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $55,809,361
Total Liabilities $35,095,225
Net Assets $20,714,136
Club or Co-Op Income
Income From Members $14,620,488
Income From Other Sources $1,272,352
Compensation
Key Employees and Officers Compensation Related Other
Scott Wilson (Ceo & Manager) $198,077 $0 $74,813
Cathy Mc Kay (Office Manager) $121,274 $0 $54,968
Jeff Pash (Operations Manager) $115,652 $0 $66,461
Scott Crawford (Lead Lineman) $113,907 $0 $63,541
Rick Gamble (Jrny Lineman) $108,974 $0 $56,879
Mason Larson (Jrny Lineman) $108,471 $0 $25,666
Daniel Westcott (Jrny Lineman) $106,238 $0 $55,356
Marvin Harding (Secretary) $11,500 $0 $0
Eric Woodard (Director) $7,000 $0 $0
Joe Hartley (Vice President) $6,500 $0 $0
Alan Guernsey (Director) $6,500 $0 $0
Rodney Ewing (Director) $6,500 $0 $0
Adrian Cox (Director) $6,000 $0 $0
Richard Moore (Treasurer) $5,250 $0 $0
Dan Lentz (President) $5,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,036,775
Expenses
$14,399,706
Net Income
$637,069
Net Assets
$19,996,420
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,000,319
99.8%
Investment Income $36,456
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $487,365
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $55,617,508
Total Liabilities $35,621,088
Net Assets $19,996,420
Club or Co-Op Income
Income From Members $14,516,141
Income From Other Sources $520,634
Compensation
Key Employees and Officers Compensation Related Other
Scott Wilson (Ceo & Manager) $192,447 $0 $67,887
Cathy Mc Kay (Office Manager) $119,850 $0 $50,500
Jeff Pash (Operations Manager) $112,489 $0 $82,408
Scott Crawford (Lead Lineman) $111,910 $0 $53,866
Mason Larson (Jrny Lineman) $111,192 $0 $21,113
Keith Vandevender (Area Supervisor) $105,503 $0 $69,631
Mace Ormsby (Jrny Lineman) $104,988 $0 $45,341
Marvin Harding (Secretary) $7,500 $0 $0
Dan Lentz (President) $7,000 $0 $0
Alan Guernsey (Director) $7,000 $0 $0
Joe Hartley (Vice President) $6,500 $0 $0
Richard Moore (Treasurer) $6,500 $0 $0
Adrian Cox (Director) $6,500 $0 $0
Eric Woodard (Director) $6,500 $0 $0
Rodney Ewing (Director) $6,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,291,620
Expenses
$14,412,119
Net Income
$879,501
Net Assets
$19,359,186
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,243,600
99.7%
Investment Income $48,020
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $554,903
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $49,277,978
Total Liabilities $29,918,792
Net Assets $19,359,186
Club or Co-Op Income
Income From Members $15,017,580
Income From Other Sources $274,040
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Scott Wilson (Ceo & Manager) $184,105 $0 $83,884
Cathy Mc Kay (Office Manager) $114,476 $0 $92,688
Jeff Pash (Operations Manager) $107,252 $0 $87,801
Richard Lame (Jrny Lineman) $104,181 $0 $37,685
Scott Crawford (Lead Lineman) $103,886 $0 $43,525
Marvin Harding (Secretary) $13,250 $0 $0
Adrian Cox (Director) $11,500 $0 $0
Alan Guernsey (Director) $11,000 $0 $0
Joe Hartley (Vice President) $10,500 $0 $0
Eric Woodard (Director) $10,000 $0 $0
Rodney Ewing (Director) $9,000 $0 $0
Dan Lentz (President) $8,000 $0 $0
Richard Moore (Treasurer) $6,500 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,126,532
Expenses
$14,550,005
Net Income
$576,527
Net Assets
$18,729,650
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,085,554
99.7%
Investment Income $40,978
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $387,870
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $47,992,093
Total Liabilities $29,262,443
Net Assets $18,729,650
Club or Co-Op Income
Income From Members $14,895,662
Income From Other Sources $230,870
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Scott Wilson (Ceo & Manager) $174,678 $0 $84,979
Cathy Mc Kay (Office Manager) $106,672 $0 $91,837
Jeff Pash (Operations Manager) $105,798 $0 $92,109
Dan Lentz (President) $17,450 $0 $0
Joe Hartley (Vice President) $17,450 $0 $0
Eric Woodard (Director) $17,450 $0 $0
Adrian Cox (Director) $16,744 $0 $0
Richard Moore (Treasurer) $16,726 $0 $0
Marvin Harding (Secretary) $8,900 $0 $0
Alan Guernsey (Director) $6,600 $0 $0
Rodney Ewing (Director) $5,200 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,027,591
Expenses
$13,591,117
Net Income
$436,474
Net Assets
$18,153,083
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,992,506
99.7%
Investment Income $35,085
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $384,369
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $47,394,004
Total Liabilities $29,240,921
Net Assets $18,153,083
Club or Co-Op Income
Income From Members $13,715,715
Income From Other Sources $311,876
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Scott Wilson (Ceo & Manager) $175,584 $0 $83,888
Jeff Pash (Operations Manager) $101,698 $0 $82,163
Cathy Mc Kay (Office Manager) $101,396 $0 $82,220
Joe Hartley (Vice President) $17,242 $0 $0
Dan Lentz (President) $16,442 $0 $0
Eric Woodard (Director) $16,309 $0 $0
Richard Moore (Treasurer) $16,002 $0 $0
Adrian Cox (Director) $15,307 $0 $0
Marvin Harding (Secretary) $12,187 $0 $0
Alan Guernsey (Director) $7,600 $0 $0
Rodney Ewing (Director) $6,300 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,132,350
Expenses
$13,374,957
Net Income
$757,393
Net Assets
$17,716,555
Notable Sources of Revenue Percent of Total Revenue
Contributions $13
0.0%
Program Services $14,099,418
99.8%
Investment Income $32,919
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $108,496
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $46,060,028
Total Liabilities $28,343,473
Net Assets $17,716,555
Club or Co-Op Income
Income From Members $13,850,117
Income From Other Sources $282,220
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Scott Wilson (Ceo & Manager) $165,500 $0 $75,284
Cathy Mc Kay (Office Manager) $99,459 $0 $76,451
Joe Hartley (Vice President) $19,223 $0 $0
Dan Lentz (President) $16,831 $0 $0
Eric Woodard (Director) $16,631 $0 $0
Richard Moore (Treasurer) $15,663 $0 $0
Adrian Cox (Director) $15,102 $0 $0
Marvin Harding (Secretary) $13,946 $0 $0
Alan Guernsey (Director) $6,900 $0 $0
Rodney Ewing (Director) $3,200 $0 $0
Tom Ewing (Director) $1,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,776,114
Expenses
$13,260,596
Net Income
$515,518
Net Assets
$16,959,042
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,743,702
99.8%
Investment Income $32,412
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $113,363
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $44,669,872
Total Liabilities $27,710,830
Net Assets $16,959,042
Club or Co-Op Income
Income From Members $13,383,058
Income From Other Sources $360,644
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Scott Wilson (Ceo & Manager) $162,946 $0 $58,417
Dan Lentz (President) $19,557 $0 $0
Joe Hartley (Vice President) $19,557 $0 $0
Richard Moore (Treasurer) $15,194 $0 $0
Eric Woodard (Director) $14,674 $0 $0
Marvin Harding (Secretary) $12,885 $0 $0
Jack Clark (Director) $9,796 $0 $0
Adrian Cox (Director) $5,428 $0 $0
Alan Guernsey (Director) $5,200 $0 $0
Tom Ewing (Director) $4,400 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,377,502
Expenses
$13,359,473
Net Income
$18,029
Net Assets
$16,443,604
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,092,898
97.9%
Investment Income $33,009
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $251,595
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $44,194,122
Total Liabilities $27,750,518
Net Assets $16,443,604
Club or Co-Op Income
Income From Members $12,871,957
Income From Other Sources $308,994
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Scott Wilson (Managerceo) $152,950 $0 $60,947
Joe Hartley (Vp) $18,458 $0 $0
Dan Lentz (Pres) $18,458 $0 $0
Tom Ewing (Dir) $16,766 $0 $0
Jack Clark (Dir) $15,477 $0 $0
Richard Moore (Treas) $15,477 $0 $0
Eric Woodard (Dir) $15,382 $0 $0
Marvin Harding (Sec) $12,008 $0 $0
Alan Guernsey (Dir) $3,400 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,137,178
Expenses
$14,145,766
Net Income
-$8,588
Net Assets
$15,472,949
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,935,368
98.6%
Investment Income $30,039
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $171,771
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $42,835,951
Total Liabilities $27,363,002
Net Assets $15,472,949
Club or Co-Op Income
Income From Members $13,700,133
Income From Other Sources $306,024
Compensation
Key Employees and Officers Compensation Related Other
Scott Wilson (Managerceo) $149,118 $0 $72,501
Richard Moore (Treas) $20,540 $0 $0
Dan Lentz (Pres) $19,081 $0 $0
Tom Ewing (Dir) $18,381 $0 $0
Joe Hartley (Vp) $18,031 $0 $0
Jack Clark (Dir) $15,388 $0 $0
Eric Woodard (Dir) $14,793 $0 $0
Marvin Harding (Sec) $12,004 $0 $0
Alan Guernsey (Dir) $3,650 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,948,105
Expenses
$12,945,653
Net Income
$2,452
Net Assets
$14,701,797
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,765,328
98.6%
Investment Income $34,259
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $148,518
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $38,826,141
Total Liabilities $24,124,344
Net Assets $14,701,797
Club or Co-Op Income
Income From Members $12,465,703
Income From Other Sources $265,287

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,746,344
Expenses
$12,516,386
Net Income
$229,958
Net Assets
$14,444,527
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,514,311
> 100%
Investment Income $50,265
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$818,232
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $37,210,874
Total Liabilities $22,766,347
Net Assets $14,444,527
Club or Co-Op Income
Income From Members $12,156,037
Income From Other Sources $262,155

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.

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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

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