Garkane Energy Cooperative Inc

Loa, UT
Tax-exempt since Dec. 1942
EIN: 87-0133588

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Type of Nonprofit

Designated as a 501(c)(12) Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Revenue

$31.5M (2023)

Expenses

$29.2M (2023)

Total Assets

$105M (2023)

Total Liabilities

$48.6M (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

Revenue

$31,481,839

Expenses

$29,161,231

Net Income

$2,320,608

Net Assets

$56,119,801

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$30,134,711	95.7%
Investment Income	$47,030	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$107,855	0.3%
Net Fundraising	$0
Sales of Assets	$133,196	0.4%
Net Inventory Sales	$0
Other Revenue	$1,059,047	3.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,586,440	5.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$104,673,604
Total Liabilities	$48,553,803
Net Assets	$56,119,801

Club or Co-Op Income
Income From Members	$30,107,341
Income From Other Sources	$1,374,498

Compensation

Key Employees and Officers	Compensation	Related	Other
Daniel Mc Clendon (Ceo/General Manager)	$261,490	$0	$0
Bryant Shakespear (Coo/Engineering Manager)	$208,592	$0	$0
Marcus V Lewis (Cfo)	$169,565	$0	$0
Daniel Thompson (Subst. Engineer)	$150,860	$0	$0
Justin M Miller (Line Super.)	$146,669	$0	$0
Robert C Wolfley (Garfield Area Mngr)	$143,767	$0	$0
Jeffery J Vaughn (Kane Area Mngr)	$137,371	$0	$0
Phillip K Burr (Wayne Area Mngr)	$132,319	$0	$0
Guy Timpson (Director)	$28,918	$0	$0
Ronald W Cazier (President)	$24,937	$0	$0
Terry J Griffiths (Director)	$23,378	$0	$0
George A Thompson (Treasurer)	$22,591	$0	$0
William G Hammon (Director)	$21,690	$0	$0
Chad E Williams (Director)	$20,358	$0	$0
Raymond A Clark (Treasurer)	$19,540	$0	$0
Reed L Munson (Director)	$19,117	$0	$0
Andrew D Gant (Director)	$18,591	$0	$0
Tracy Potter (Vice President)	$18,536	$0	$0
Rodney R Ence (Director)	$18,151	$0	$0

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990

Filed on Nov. 11, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$30,678,665

Expenses

$28,850,541

Net Income

$1,828,124

Net Assets

$54,784,392

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$29,310,491	95.5%
Investment Income	$44,546	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$92,347	0.3%
Net Fundraising	$0
Sales of Assets	$131,122	0.4%
Net Inventory Sales	$0
Other Revenue	$1,100,159	3.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,418,266	4.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$100,461,413
Total Liabilities	$45,677,021
Net Assets	$54,784,392

Club or Co-Op Income
Income From Members	$29,284,960
Income From Other Sources	$1,393,704

Compensation

Key Employees and Officers	Compensation	Related	Other
Daniel Mc Clendon (Ceo/General Manager)	$242,286	$0	$0
Bryant Shakespear (Coo/Engineering Manager)	$171,317	$0	$0
Marcus V Lewis (Cfo)	$149,018	$0	$0
Daniel Thompson (Subst. Engineer)	$130,463	$0	$0
Robert C Wolfley (Garfield Area Mngr)	$128,646	$0	$0
Jeffery J Vaughn (Kane Area Mngr)	$125,070	$0	$0
Phillip K Burr (Wayne Area Mngr)	$123,135	$0	$0
Justin M Miller (Line Super.)	$122,907	$0	$0
Guy Timpson (Director)	$26,843	$0	$0
William G Hammon (President)	$22,701	$0	$0
George A Thompson (Treasurer)	$21,248	$0	$0
Tracy Potter (Vice President)	$19,487	$0	$0
Raymond A Clark (Treasurer)	$19,470	$0	$0
Reed L Munson (Director)	$19,188	$0	$0
Terry J Griffiths (Director)	$18,346	$0	$0
Rodney R Ence (Director)	$18,189	$0	$0
Chad E Williams (Director)	$17,980	$0	$0
Andrew D Gant (Director)	$16,956	$0	$0
Ronald W Cazier (Director)	$16,009	$0	$0
M La Don Torgersen (Director)	$9,007	$0	$0

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990

Filed on Nov. 8, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$29,593,598

Expenses

$25,946,102

Net Income

$3,647,496

Net Assets

$54,600,370

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,395,800	4.7%
Program Services	$26,792,539	90.5%
Investment Income	$27,220	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$71,465	0.2%
Net Fundraising	$0
Sales of Assets	$398,238	1.3%
Net Inventory Sales	$0
Other Revenue	$908,336	3.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,388,773	5.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,389,012	5.4%

Assets/Debt
Total Assets	$96,435,981
Total Liabilities	$41,835,611
Net Assets	$54,600,370

Club or Co-Op Income
Income From Members	$26,778,888
Income From Other Sources	$2,814,709

Compensation

Key Employees and Officers	Compensation	Related	Other
Daniel Mc Clendon (Ceo/General Manager)	$229,128	$0	$0
Bryant Shakespear (Coo/Engineering Manager)	$166,076	$0	$0
Marcus V Lewis (Cfo)	$149,145	$0	$0
Robert C Wolfley (Garfield Area Mngr)	$140,302	$0	$0
Daniel Thompson (Subst. Engineer)	$131,381	$0	$0
Phillip K Burr (Wayne Area Mngr)	$125,889	$0	$0
Casey J Glover (Line Super.)	$122,118	$0	$0
Jeffery J Vaughn (Kane Area Mngr)	$116,743	$0	$0
William G Hammon (President)	$20,785	$0	$0
Guy Timpson (Director)	$20,702	$0	$0
Andrew D Gant (Director)	$19,952	$0	$0
Reed L Munson (Director)	$19,615	$0	$0
Terry J Griffiths (Director)	$19,507	$0	$0
George A Thompson (Treasurer)	$19,465	$0	$0
M La Don Torgersen (Director)	$18,704	$0	$0
Tracy Potter (Vice President)	$17,808	$0	$0
Chad E Williams (Director)	$17,348	$0	$0
Rodney R Ence (Director)	$17,136	$0	$0
Raymond A Clark (Treasurer)	$16,969	$0	$0

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990

Filed on Oct. 20, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$26,545,335

Expenses

$24,559,313

Net Income

$1,986,022

Net Assets

$52,544,459

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$25,522,523	96.1%
Investment Income	$52,641	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$58,192	0.2%
Net Fundraising	$0
Sales of Assets	$124,552	0.5%
Net Inventory Sales	$0
Other Revenue	$787,427	3.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,351,719	5.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,457,654	5.9%

Assets/Debt
Total Assets	$97,707,228
Total Liabilities	$45,162,769
Net Assets	$52,544,459

Club or Co-Op Income
Income From Members	$25,512,885
Income From Other Sources	$1,032,450

Compensation

Key Employees and Officers	Compensation	Related	Other
Daniel Mc Clendon (Ceo/General Manager)	$215,436	$0	$0
Bryant Shakespear (Coo/Engineering Manager)	$162,033	$0	$0
Marcus V Lewis (Cfo)	$145,674	$0	$0
Daniel Thompson (Subst. Engineer)	$133,007	$0	$0
Robert C Wolfley (Garfield Area Mngr)	$129,217	$0	$0
Casey J Glover (Line Super.)	$122,502	$0	$0
Phillip K Burr (Wayne Area Mngr)	$120,899	$0	$0
Jeffery J Vaughn (Kane Area Mngr)	$115,013	$0	$0
Reed L Munson (Director)	$22,611	$0	$0
Terry J Griffiths (Director)	$21,996	$0	$0
Chad E Williams (Director)	$20,903	$0	$0
William G Hammon (President)	$20,444	$0	$0
Guy Timpson (Director)	$20,137	$0	$0
M La Don Torgersen (Director)	$18,758	$0	$0
Tracy Potter (Vice President)	$17,834	$0	$0
Rodney R Ence (Director)	$17,719	$0	$0
Andrew D Gant (Director)	$17,486	$0	$0
Raymond A Clark (Treasurer)	$12,425	$0	$0
George A Thompson (Director)	$12,170	$0	$0
Nanell G Robinson (Treasurer)	$5,455	$0	$0

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990

Filed on Nov. 10, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$26,140,171

Expenses

$24,643,908

Net Income

$1,496,263

Net Assets

$51,630,084

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$25,071,301	95.9%
Investment Income	$39,653	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$56,880	0.2%
Net Fundraising	$0
Sales of Assets	$116,928	0.4%
Net Inventory Sales	$0
Other Revenue	$855,409	3.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,372,317	5.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$93,822,066
Total Liabilities	$42,191,982
Net Assets	$51,630,084

Club or Co-Op Income
Income From Members	$25,063,340
Income From Other Sources	$1,076,831

Compensation

Key Employees and Officers	Compensation	Related	Other
Daniel Mc Clendon (Ceo/General Manager)	$216,162	$0	$0
Bryant Shakespear (Coo/Engineering Manager)	$135,744	$0	$0
Marcus V Lewis (Cfo)	$127,631	$0	$0
Casey J Glover (Line Super.)	$120,390	$0	$0
Robert C Wolfley (Garfield Area Mngr)	$113,071	$0	$0
Phillip K Burr (Wayne Area Mngr)	$110,749	$0	$0
Jeffery R Vaughn (Kane Area Mngr)	$108,970	$0	$0
Ira M Avant (Former Coo/Engineering Mngr)	$108,491	$0	$0
Klinton R Chynoweth (Asst. Gm)	$106,045	$0	$0
Carl B Boyd Jr (Director)	$26,547	$0	$0
Reed L Munson (Director)	$22,111	$0	$0
Terry J Griffiths (Director)	$21,783	$0	$0
Chad E Williams (Director)	$21,410	$0	$0
William G Hammon (Chairman)	$20,719	$0	$0
Andrew D Gant (Director)	$20,006	$0	$0
M La Don Torgersen (Director)	$19,402	$0	$0
Guy Timpson (Director)	$19,086	$0	$0
Tracy Potter (Vice President)	$18,574	$0	$0
Rodney R Ence (Director)	$17,876	$0	$0
Nanell G Robinson (Treasurer)	$17,550	$0	$0

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990

Filed on July 28, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$25,775,000

Expenses

$23,431,177

Net Income

$2,343,823

Net Assets

$51,312,610

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$24,692,664	95.8%
Investment Income	$20,734	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$55,677	0.2%
Net Fundraising	$0
Sales of Assets	$102,923	0.4%
Net Inventory Sales	$0
Other Revenue	$903,002	3.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,169,286	5.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$90,930,600
Total Liabilities	$39,617,990
Net Assets	$51,312,610

Club or Co-Op Income
Income From Members	$24,688,069
Income From Other Sources	$1,189,854

Compensation

Key Employees and Officers	Compensation	Related	Other
Daniel Mc Clendon (Ceo/General Manager)	$182,884	$0	$0
Ira M Avant (Coo/Engineering Mngr)	$120,132	$0	$0
Marcus V Lewis (Cfo)	$116,491	$0	$0
Bryant Shkespear (Engineering Mngr)	$116,274	$0	$0
Casey J Glover (Line Super.)	$110,060	$0	$0
Robert C Wolfley (Garfield Area Mngr)	$100,918	$0	$0
Phillip K Burr (Wayne Area Mngr)	$100,073	$0	$0
Jeffery R Vaughn (Kane Area Mngr)	$97,483	$0	$0
Carl B Boyd Jr (Director)	$25,824	$0	$0
Reed L Munson (Director)	$23,927	$0	$0
Andrew D Gant (Director)	$22,390	$0	$0
Terry J Griffiths (Director)	$20,379	$0	$0
Guy Timpson (Director)	$20,324	$0	$0
William G Hammon (Director)	$19,180	$0	$0
Chad E Williams (Director)	$18,760	$0	$0
Tracy Potter (Director)	$18,207	$0	$0
M La Don Torgersen (Director)	$17,456	$0	$0
Nanell G Robinson (Director)	$17,331	$0	$0
Rodney R Ence (Director)	$16,193	$0	$0
Boudicca Joseph (Former Director)	$5,000	$0	$0

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990

Filed on Nov. 13, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$25,154,973

Expenses

$22,917,318

Net Income

$2,237,655

Net Assets

$49,906,271

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$24,277,551	96.5%
Investment Income	$35,972	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$52,170	0.2%
Net Fundraising	$0
Sales of Assets	-$83,797
Net Inventory Sales	$0
Other Revenue	$873,077	3.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$697,241	3.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$87,373,246
Total Liabilities	$37,466,975
Net Assets	$49,906,271

Club or Co-Op Income
Income From Members	$24,271,947
Income From Other Sources	$883,027

Compensation

Key Employees and Officers	Compensation	Related	Other
Daniel R Mc Clendon (Ceo)	$181,593	$0	$0
Marcus V Lewis (Cfo)	$116,686	$0	$0
Ira M Avant (Coo)	$116,239	$0	$0
Robert C Wolfley (Garfield Area Manager/Propane Coo)	$111,405	$0	$0
Andrew D Gant (Director)	$16,875	$0	$0
Guy Timpson (Director)	$16,167	$0	$0
Tracy Potter (Director)	$15,924	$0	$0
Chad E Williams (Director)	$15,555	$0	$0
William G Hammon (Director)	$14,915	$0	$0
Carl B Boyd Jr (Director)	$14,819	$0	$0
Reed L Munson (Director)	$14,773	$0	$0
Nanell G Robinson (Director)	$14,436	$0	$0
Terry J Griffiths (Director)	$14,326	$0	$0
M La Don Torgersen (Director)	$14,052	$0	$0
Rodney R Ence (Director)	$13,287	$0	$0
Preston Y Barlow (Director)	$6,189	$0	$0
Boudicca Joseph (Former Director)	$5,000	$0	$0

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990

Filed on Nov. 13, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$26,676,745

Expenses

$21,985,404

Net Income

$4,691,341

Net Assets

$47,700,573

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$25,684,271	96.3%
Investment Income	$48,748	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$68,844	0.3%
Net Fundraising	$0
Sales of Assets	$129,143	0.5%
Net Inventory Sales	$0
Other Revenue	$745,739	2.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$744,506	3.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,653,304	7.5%

Assets/Debt
Total Assets	$86,063,717
Total Liabilities	$38,363,144
Net Assets	$47,700,573

Club or Co-Op Income
Income From Members	$25,678,451
Income From Other Sources	$948,224

Compensation

Key Employees and Officers	Compensation	Related	Other
Daniel R Mc Clendon (Ceo)	$155,909	$0	$0
Carl R Albrecht (Former Ceo)	$135,484	$0	$0
Ira M Avant (Engineering Manager)	$121,672	$0	$0
Robert C Wolfley (Garfield Area Manager/Propane Coo)	$119,315	$0	$0
Marcus V Lewis (Cfo)	$113,160	$0	$0
M La Don Torgersen (Director)	$26,446	$0	$0
Andrew D Gant (Director)	$23,045	$0	$0
Carl B Boyd Jr (Director)	$22,110	$0	$0
Terry J Griffiths (Director)	$21,077	$0	$0
Chad E Williams (Director)	$20,738	$0	$0
Preston Y Barlow (Director)	$20,436	$0	$0
Tracy Potter (Director)	$19,916	$0	$0
Reed L Munson (Director)	$18,749	$0	$0
Nanell G Robinson (Director)	$18,645	$0	$0
Rodney R Ence (Director)	$17,555	$0	$0
William G Hammon (Director)	$12,966	$0	$0
Boudicca Joseph (Director)	$12,767	$0	$0
Michael Blackburn (Former Director)	$1,931	$0	$0

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990

Filed on Nov. 6, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$25,118,611

Expenses

$21,564,600

Net Income

$3,554,011

Net Assets

$43,272,635

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$23,591,019	93.9%
Investment Income	$33,488	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$62,583	0.2%
Net Fundraising	$0
Sales of Assets	$92,163	0.4%
Net Inventory Sales	$0
Other Revenue	$1,339,358	5.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$739,423	3.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,934,062	9.0%

Assets/Debt
Total Assets	$83,588,853
Total Liabilities	$40,316,218
Net Assets	$43,272,635

Club or Co-Op Income
Income From Members	$23,588,367
Income From Other Sources	$1,530,244

Compensation

Key Employees and Officers	Compensation	Related	Other
Daniel R Mc Clendon (Ceo)	$144,317	$0	$0
Robert C Wolfley (Garfield Area Manager/Propane Coo)	$122,446	$0	$0
Ira M Avant (Engineering Manager)	$119,027	$0	$0
Marcus V Lewis (Cfo)	$104,999	$0	$0
M La Don Torgersen (Director)	$27,007	$0	$0
Boudicca Joseph (Director)	$23,849	$0	$0
Carl B Boyd Jr (Director)	$23,209	$0	$0
Andrew D Gant (Director)	$21,551	$0	$0
Tracy Potter (Director)	$21,320	$0	$0
Reed L Munson (Director)	$20,920	$0	$0
Nanell G Robinson (Director)	$20,133	$0	$0
Terry J Griffiths (Director)	$19,077	$0	$0
Rodney R Ence (Director)	$16,699	$0	$0
Preston Y Barlow (Director)	$14,440	$0	$0
Trenton B Hunt (Director)	$14,124	$0	$0
Chad E Williams (Director)	$14,035	$0	$0
Tyler Barlow (Director)	$12,270	$0	$0
Michael Blackburn (Former Director)	$5,793	$0	$0

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990

Filed on Aug. 12, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$24,631,606

Expenses

$20,673,178

Net Income

$3,958,428

Net Assets

$39,912,001

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$22,649,441	92.0%
Investment Income	$35,676	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$60,626	0.2%
Net Fundraising	$0
Sales of Assets	$76,044	0.3%
Net Inventory Sales	$0
Other Revenue	$1,809,819	7.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$497,984	2.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$81,531,067
Total Liabilities	$41,619,066
Net Assets	$39,912,001

Club or Co-Op Income
Income From Members	$22,645,372
Income From Other Sources	$1,986,234

Compensation

Key Employees and Officers	Compensation	Related	Other
Carl R Albrecht (Former Ceo)	$167,556	$0	$2,617
Ira M Avant (Engineering Manager)	$112,620	$0	$0
Marcus V Lewis (Cfo)	$96,699	$0	$0
Daniel R Mc Clendon (Ceo)	$66,857	$0	$0
Trenton B Hunt (Director)	$27,168	$0	$0
Tyler Barlow (Director)	$25,549	$0	$0
Terry J Griffiths (Director)	$22,531	$0	$0
M La Don Torgersen (Director)	$21,970	$0	$0
Boudicca Joseph (Director)	$19,220	$0	$0
Carl B Boyd Jr (Director)	$18,370	$0	$0
Reed L Munson (Director)	$17,220	$0	$0
Andrew D Gant (Director)	$15,488	$0	$0
Rodney R Ence (Director)	$12,336	$0	$0
Randall V Brown (Former Director)	$11,303	$0	$0
Tracy Potter (Director)	$9,599	$0	$0
Michael Blackburn (Former Director)	$9,285	$0	$0
Nanell G Robinson (Director)	$8,357	$0	$0

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990

Filed on Aug. 13, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$24,424,937

Expenses

$20,967,113

Net Income

$3,457,824

Net Assets

$35,635,762

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$23,174,711	94.9%
Investment Income	$41,437	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$52,795	0.2%
Net Fundraising	$0
Sales of Assets	$190,356	0.8%
Net Inventory Sales	$0
Other Revenue	$965,638	4.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$634,271	3.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,974,532	9.4%

Assets/Debt
Total Assets	$77,469,254
Total Liabilities	$41,833,492
Net Assets	$35,635,762

Club or Co-Op Income
Income From Members	$23,159,983
Income From Other Sources	$1,264,954

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$22,604,153

Expenses

$19,951,504

Net Income

$2,652,649

Net Assets

$32,416,104

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$21,551,347	95.3%
Investment Income	$36,481	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$47,629	0.2%
Net Fundraising	$0
Sales of Assets	$83,141	0.4%
Net Inventory Sales	$0
Other Revenue	$885,555	3.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$583,903	2.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,362,779	11.8%

Assets/Debt
Total Assets	$73,181,210
Total Liabilities	$40,765,106
Net Assets	$32,416,104

Club or Co-Op Income
Income From Members	$21,542,610
Income From Other Sources	$1,061,543

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$22,519,708

Expenses

$20,343,585

Net Income

$2,176,123

Net Assets

$30,117,886

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$21,402,470	95.0%
Investment Income	$40,912	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$33,055	0.1%
Net Fundraising	$0
Sales of Assets	$103,817	0.5%
Net Inventory Sales	$0
Other Revenue	$939,454	4.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$578,355	2.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,410,845	11.9%

Assets/Debt
Total Assets	$71,063,289
Total Liabilities	$40,945,403
Net Assets	$30,117,886

Club or Co-Op Income
Income From Members	$21,396,763
Income From Other Sources	$1,122,945

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 »

Get the Data

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.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
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.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Garkane Energy Cooperative Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $31.5M (2023)

Expenses $29.2M (2023)

Total Assets $105M (2023)

Total Liabilities $48.6M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Revenue

$31.5M (2023)

Expenses

$29.2M (2023)

Total Assets

$105M (2023)

Total Liabilities

$48.6M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

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