EIN 87-0133588

Garkane Energy Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
77
City
Loa
State
Year formed
1938
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Garkane Energy Cooperative is a member-owned rural electric cooperative located in Loa, UT that provides electricity to cooperative member/consumers. It has no separate program service expenses and all expenses were listed under column C, Management and General Expenses.
Total revenues
$30,678,665
2022
Total expenses
$28,850,541
2022
Total assets
$100,461,413
2022
Num. employees
77
2022

Program areas at Garkane Energy Cooperative

The taxpayer did not have separate program service expenses. All expenses listed in Part IX - Statement of Functional Expenses were listed under Column C, Management and General Expenses. There were no expenses listed in Column B, Program Service Expenses. The total for Part IX - Statement of Functional Expenses, Column B, Program Service Expenses and the total for Part III - Statement of Program Service Accomplishments equal and are both zero.

Personnel at Garkane Energy Cooperative

NameTitleCompensation
Daniel McClendonChief Executive Officer and General Manager$242,286
Bryant ShakespearChief Operating Officer and Engineering Manager$171,317
Marcus LewisChief Financial Officer$149,018
Jeffery J VaughnKane Area Manager$125,070
Phillip K BurrWayne Area Manager$123,135
...and 6 more key personnel

Financials for Garkane Energy Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$29,310,491
Investment income and dividends$44,546
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$92,347
Net gain from sale of non-inventory assets$131,122
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,100,159
Total revenues$30,678,665

Form 990s for Garkane Energy Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-08990View PDF
2021-122022-10-20990View PDF
2020-122021-11-09990View PDF
2019-122020-09-23990View PDF
2018-122020-02-19990View PDF
...and 9 more Form 990s

Organizations like Garkane Energy Cooperative

OrganizationLocationRevenue
Ozark Border Electric CooperativePoplar Bluff, MO$30,789,906
Southwest Transmission Electric Power CooperativeBenson, AZ$36,063,744
Chariton Valley Electric CooperativeAlbia, IA$13,135,106
Idaho County Light and Power Cooperative AssociationGrangeville, ID$8,132,887
Washington Electric Cooperative inMarietta, OH$22,812,534
Jones-Onslow Electric Membership Corporation (JOEMC)Jacksonville, NC$152,637,282
Allamakee-Clayton Electric CooperativePostville, IA$23,456,102
C and L Electric Cooperative CorporationStar City, AR$53,180,295
Taylor Electric CooperativeMerkel, TX$72,269,537
Gunnison County Electric AssociationGunnison, CO$20,798,954
Data update history
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 10, 2024
Updated personnel
Identified 2 new personnel
December 28, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
No characteristics found
General information
Address
PO Box 465
Loa, UT 84747
County
Wayne County, UT
Website URL
garkaneenergy.com/ 
Phone
(435) 836-2795
IRS details
EIN
87-0133588
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1938
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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