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Canadian Valley 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.

Summary charts: organization finances over time

Revenue
$68.5M (2022)

Expenses
$92.1M (2022)

Total Assets
$211M (2022)

Total Liabilities
$136M (2022)

Source: Form 990 tax filings from 2011 to 2022

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.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$68,485,719
Expenses
$92,064,449
Net Income
-$23,578,730
Net Assets
$75,641,185
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $90,092,188
> 100%
Investment Income $395,261
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income -$23,040,110
Net Fundraising $0
Sales of Assets $147,631
0.2%
Net Inventory Sales $45,349
0.1%
Other Revenue $845,400
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $827,314
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $4,039,760
4.4%
Assets/Debt
Total Assets $211,219,672
Total Liabilities $135,578,487
Net Assets $75,641,185
Club or Co-Op Income
Income From Members $88,684,258
Income From Other Sources $4,173,835
Compensation
Key Employees and Officers Compensation Related Other
Gary Highley (Ceo) $266,152 $0 $61,357
Joshua Holt (Coo) $158,617 $0 $45,209
John Colvin (Area Serviceman) $149,155 $0 $26,023
Sheila Allgood (General Manager Of Broadband) $142,021 $0 $36,743
Jamie Scott (Manager Of Finance) $130,882 $0 $40,950
Don Pak (Manager Of It & Smart Grid) $126,390 $0 $40,511
Jesse Murray (Director Of Safety & Loss Ctrl) $124,667 $0 $40,051
Kimberly Behrnes (Manager Of Engineering) $123,738 $0 $14,093
Matt Goodson (Board Trustee) $16,156 $0 $0
Robert Schoenecke (Board Trustee Secretary) $16,036 $0 $0
Joe Semtner (Board Trustee President) $15,956 $0 $0
Yates Adcock (Board Trustee Vice President) $15,956 $0 $0
Steve Marak (Board Trustee Treasurer) $15,606 $0 $0
Clayton Eads (Board Trustee) $14,296 $0 $0
Jp Duvall (Board Trustee) $14,264 $0 $0
Gary Crain (Board Trustee) $10,314 $0 $0
Jesse Snyder (Board Trustee) $5,563 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$69,270,313
Expenses
$74,583,868
Net Income
-$5,313,555
Net Assets
$75,254,574
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,411,887
2.0%
Program Services $73,442,789
> 100%
Investment Income $539,951
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income -$6,502,973
Net Fundraising $0
Sales of Assets -$13,565
Net Inventory Sales $30,510
0.0%
Other Revenue $361,714
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $762,877
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $3,457,704
4.6%
Assets/Debt
Total Assets $173,885,980
Total Liabilities $98,631,406
Net Assets $75,254,574
Club or Co-Op Income
Income From Members $71,902,028
Income From Other Sources $2,459,371
Compensation
Key Employees and Officers Compensation Related Other
Gary Highley (Ceo) $239,423 $0 $50,624
Joshua Holt (Coo) $152,263 $0 $38,403
Kimberly Behrnes (Manager Of Engineering) $121,895 $0 $25,259
Jamie Scott (Manager Of Finance) $115,952 $0 $34,298
John Colvin (Area Serviceman) $115,474 $0 $26,523
Daniel Franco (Area Serviceman) $112,928 $0 $29,153
Nathaniel Hardwick (Enterprise Systems Coordinator) $112,488 $0 $24,638
Russell Pritchett (Maintenance Superintendent) $108,601 $0 $33,713
Steve Marak (Board Trustee Treasurer) $17,352 $0 $0
Matt Goodson (Board Trustee) $16,852 $0 $0
Joe Semtner (Board Trustee Vice President) $16,752 $0 $0
Yates Adcock (Board Trustee) $16,552 $0 $0
Clayton Eads (Board Trustee) $16,544 $0 $0
Gary Crain (Board Trustee) $16,468 $11,734 $0
Robert Schoenecke (Board Trustee Secretary) $16,432 $0 $0
Jp Duvall (Board Trustee) $14,962 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$64,253,669
Expenses
$64,253,669
Net Income
$0
Net Assets
$72,189,937
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $62,815,742
97.8%
Investment Income $925,806
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $204,678
0.3%
Net Fundraising $0
Sales of Assets $279,585
0.4%
Net Inventory Sales $27,858
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $339,153
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $3,282,470
5.1%
Assets/Debt
Total Assets $129,647,902
Total Liabilities $57,457,965
Net Assets $72,189,937
Club or Co-Op Income
Income From Members $61,634,268
Income From Other Sources $2,414,723
Compensation
Key Employees and Officers Compensation Related Other
Gary Highley (Ceo) $168,870 $0 $40,745
Kimberly Behrenes (Manager Of Engineering Servies) $119,141 $0 $25,040
Jarrod Vanzant (Manager Of Member Relations) $114,326 $0 $33,652
Daniel Franco (Area Serviceman) $113,713 $0 $11,799
Jamie Scott (Manager Of Finance) $111,194 $0 $34,192
Russell Pritchett (Operations Superintendent) $109,590 $0 $16,044
Steve Marak (Board Trustee Asst Sec/Treas) $17,348 $0 $0
Joe Semtner (Board Trustee President) $16,948 $0 $0
Matt Goodson (Board Trustee Sec/Treasurer) $16,648 $0 $0
Yates Adcock (Board Trustee) $16,448 $0 $0
Robert Schoenecke (Board Trustee Vice President) $16,128 $0 $0
Jp Duvall (Board Trustee) $15,810 $0 $0
Gary Crain (Board Trustee) $15,416 $11,448 $0
Clayton Eads (Board Trustee) $14,792 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$66,445,905
Expenses
$66,445,905
Net Income
$0
Net Assets
$68,985,478
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $64,991,854
97.8%
Investment Income $1,228,046
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $199,274
0.3%
Net Fundraising $0
Sales of Assets $2,540
0.0%
Net Inventory Sales $24,191
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $279,211
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,911,790
4.4%
Assets/Debt
Total Assets $123,634,009
Total Liabilities $54,648,531
Net Assets $68,985,478
Club or Co-Op Income
Income From Members $63,844,176
Income From Other Sources $2,402,455
Compensation
Key Employees and Officers Compensation Related Other
Lloyd Parks (Manager Of It) $166,074 $0 $34,195
Colin Whitley (General Manager/Ceo) $121,244 $0 $29,457
George Hand (General Manager) $116,521 $0 $0
Kimberly Behrenes (Manager Of Engineering Servies) $115,276 $0 $32,767
Daniel Franco (Area Serviceman) $106,608 $0 $26,817
Christopher Cheatwood (Manager Of Contract Administra) $105,833 $0 $31,232
Steve Marak (Board Trustee Asst Sec/Treas) $17,636 $0 $0
Joe Semtner (Board Trustee President) $16,536 $0 $0
Clayton Eads (Board Trustee) $16,335 $0 $0
Matt Goodson (Board Trustee Sec/Treasurer) $16,136 $0 $0
Gary Crain (Board Trustee) $15,858 $14,181 $0
Robert Schoenecke (Board Trustee Vice President) $15,818 $0 $0
Jp Duvall (Board Trustee) $15,705 $0 $0
Yates Adcock (Board Trustee) $14,486 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$64,804,949
Expenses
$64,804,949
Net Income
$0
Net Assets
$67,974,131
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $63,100,531
97.4%
Investment Income $1,230,445
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $197,634
0.3%
Net Fundraising $0
Sales of Assets $82,455
0.1%
Net Inventory Sales $23,884
0.0%
Other Revenue $170,000
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $364,962
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,665,091
4.1%
Assets/Debt
Total Assets $121,745,813
Total Liabilities $53,771,682
Net Assets $67,974,131
Club or Co-Op Income
Income From Members $63,100,531
Income From Other Sources $1,336,784
Compensation
Key Employees and Officers Compensation Related Other
Colin Whitley (General Manager/Ceo) $196,767 $0 $42,706
Lloyd Parks (Manager Of It) $122,968 $0 $30,406
Kimberly Behrnes (Manager Of Eng. And Member Srv) $115,260 $0 $29,195
John Colvin (Area Servicemen) $105,700 $0 $23,560
Steve Marak (Board Trustee Asst Sec/Treas) $17,226 $0 $0
Matt Goodson (Board Trustee Sec/Treasurer) $15,825 $0 $0
Joe Semtner (Board Trustee President) $15,725 $0 $0
Yates Adcock (Board Trustee) $15,426 $0 $0
Robert Schoenecke (Board Trustee Vice President) $15,407 $0 $0
Gary Crain (Board Trustee) $15,351 $17,895 $0
Jp Duvall (Board Trustee) $15,300 $0 $0
Clayton Eads (Board Trustee) $15,229 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$59,470,474
Expenses
$59,470,474
Net Income
$0
Net Assets
$63,812,505
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $58,218,506
97.9%
Investment Income $1,004,428
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $193,920
0.3%
Net Fundraising $0
Sales of Assets $28,738
0.0%
Net Inventory Sales $24,882
0.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $354,340
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,523,466
4.2%
Assets/Debt
Total Assets $115,174,963
Total Liabilities $51,362,458
Net Assets $63,812,505
Club or Co-Op Income
Income From Members $58,218,506
Income From Other Sources $1,058,048
Compensation
Key Employees and Officers Compensation Related Other
Colin Whitley (General Manager/Ceo) $188,153 $0 $41,305
Lloyd Parks (Manager Of It) $113,993 $0 $31,014
John Colvin (Area Servicemen) $113,103 $0 $25,118
Kimberly Behrnes (Manager Of Eng. & Member Srvcs) $112,857 $0 $29,931
Steve Marak (Board Trustee Asst Sec/Treas) $17,214 $0 $0
Joe Semtner (Board Trustee President) $16,114 $0 $0
Matt Goodson (Board Trustee Sec/Treasurer) $15,814 $0 $0
Robert Schoenecke (Board Trustee Vice President) $15,616 $0 $0
Yates Adcock (Board Trustee) $15,414 $0 $0
Clayton Eads (Board Trustee) $15,322 $0 $0
Jp Duvall (Board Trustee) $15,295 $0 $0
Gary Crain (Board Trustee) $14,093 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$60,753,551
Expenses
$56,078,277
Net Income
$4,675,274
Net Assets
$65,409,373
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $57,406,396
94.5%
Investment Income $976,199
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $189,926
0.3%
Net Fundraising $0
Sales of Assets $15,262
0.0%
Net Inventory Sales $15,794
0.0%
Other Revenue $2,149,974
3.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $200,244
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,646,619
4.7%
Assets/Debt
Total Assets $113,271,650
Total Liabilities $47,862,277
Net Assets $65,409,373
Club or Co-Op Income
Income From Members $57,406,396
Income From Other Sources $3,196,783
Compensation
Key Employees and Officers Compensation Related Other
John Colvin (Area Representative) $117,806 $0 $22,896
Lloyd Parks (Manager Of It) $110,717 $0 $29,000
Kim Behrnes (Manager Of Engineering) $103,049 $0 $27,796
Glen Mcfarland (Area Representative) $100,249 $0 $22,997
Daniel Franco (Area Representative) $95,912 $0 $22,277
Colin Whitley (General Manager & Ceo) $57,259 $0 $12,911
Steve Marak (Board Trustee Assist Sec/Treas) $17,617 $0 $0
Joe Semtner (Board Trustee President) $17,117 $0 $0
Robert Schoenecke (Board Trustee Vice President) $16,317 $0 $0
Matt Goodson (Board Trustee Sec/Treasurer) $16,117 $0 $0
Gary Crain (Board Trustee) $15,758 $0 $0
Clayton Eads (Board Trustee) $15,735 $0 $0
Yates Adcock (Board Trustee) $15,717 $0 $0
Jp Duvall (Board Trustee) $15,696 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$64,541,567
Expenses
$59,440,071
Net Income
$5,101,496
Net Assets
$61,171,817
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $60,312,472
93.4%
Investment Income $1,068,612
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $186,213
0.3%
Net Fundraising $0
Sales of Assets $7,600
0.0%
Net Inventory Sales $25,478
0.0%
Other Revenue $2,941,192
4.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $299,804
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $2,224,657
3.7%
Assets/Debt
Total Assets $109,557,099
Total Liabilities $48,385,282
Net Assets $61,171,817
Club or Co-Op Income
Income From Members $60,312,472
Income From Other Sources $4,070,786
Compensation
Key Employees and Officers Compensation Related Other
George E Hand (General Manager & Ceo) $156,314 $0 $3,633
Cordis Slaughter (Manager Of Operations) $139,672 $0 $13,776
John Colvin (Service Man) $113,690 $0 $23,237
Lloyd Parks (Manager Of Tech & Info Serv) $109,995 $0 $28,800
Kim Behrnes (Manager Of Engineering) $101,961 $0 $26,395
Yates Adcock (Board Trustee President) $18,511 $0 $0
Steve Marak (Board Trustee Assist Sec/Treas) $18,411 $0 $0
Robert Schoenecke (Board Trustee Sec/Treasurer) $18,211 $0 $0
Clayton Eads (Board Trustee) $17,741 $0 $0
Matt Goodson (Board Trustee) $17,611 $0 $0
Gary Crain (Board Trustee) $17,566 $0 $0
Joe Semtner (Board Trustee Vice President) $16,561 $0 $0
Jp Duvall (Board Trustee) $15,244 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$74,658,885
Expenses
$70,012,826
Net Income
$4,646,059
Net Assets
$52,182,932
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $69,027,592
92.5%
Investment Income $1,112,370
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $179,582
0.2%
Net Fundraising $0
Sales of Assets $44,001
0.1%
Net Inventory Sales $104,978
0.1%
Other Revenue $4,190,362
5.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $400,228
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,323,055
3.3%
Assets/Debt
Total Assets $102,916,410
Total Liabilities $50,733,478
Net Assets $52,182,932
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$64,331,691
Expenses
$59,593,393
Net Income
$4,738,298
Net Assets
$47,676,356
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $60,699,893
94.4%
Investment Income $1,018,396
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $168,517
0.3%
Net Fundraising $0
Sales of Assets $16,400
0.0%
Net Inventory Sales $76,457
0.1%
Other Revenue $2,352,028
3.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $348,583
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,297,147
3.9%
Assets/Debt
Total Assets $98,868,030
Total Liabilities $51,191,674
Net Assets $47,676,356
Club or Co-Op Income
Income From Members $60,699,893
Income From Other Sources $3,586,021

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$59,914,340
Expenses
$55,791,186
Net Income
$4,123,154
Net Assets
$43,311,565
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $57,224,201
95.5%
Investment Income $963,051
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $165,394
0.3%
Net Fundraising $0
Sales of Assets $24,176
0.0%
Net Inventory Sales $51,222
0.1%
Other Revenue $1,486,296
2.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $330,214
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,149,507
3.9%
Assets/Debt
Total Assets $91,671,862
Total Liabilities $48,360,297
Net Assets $43,311,565
Club or Co-Op Income
Income From Members $57,224,201
Income From Other Sources $2,624,339

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$61,763,092
Expenses
$60,757,238
Net Income
$1,005,854
Net Assets
$39,398,441
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $59,289,240
96.0%
Investment Income $921,879
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $169,262
0.3%
Net Fundraising $0
Sales of Assets $125,577
0.2%
Net Inventory Sales $42,860
0.1%
Other Revenue $1,214,274
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $273,990
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $2,194,826
3.6%
Assets/Debt
Total Assets $87,573,246
Total Liabilities $48,174,805
Net Assets $39,398,441
Club or Co-Op Income
Income From Members $59,289,240
Income From Other Sources $2,473,852

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.
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.

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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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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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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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