Cause IQ organization profile

Southeast Colorado Power Association

Southeast Colorado Power Association is a public utility based in La Junta, CO that was founded in 1939. As of 2019 they had $30 million in revenue and $96 million in assets.

EIN:

84-0147605

City:

La Junta

State:

Colorado

Website:

secpa.com

Founded:

1939

Type:

501(c)(12)

NTEE:

W80: Public utilities

Revenue:

$30,726,513

Assets:

$96,047,497

Employees:

Fiscal year end:

December

Revenue trends:

Asset trends:

Program areas at Southeast Colorado Power Association

Sold and distributed electricity to rural members.

Form 990s for Southeast Colorado Power Association

Fiscal year ending	Date received by IRS	Form	PDF link
2018-12	Jan 14, 2020	990	View PDF
2017-12	Feb 21, 2019	990	View PDF
2016-12	Sep 18, 2017	990O	View PDF
2015-12	Nov 4, 2016	990O	View PDF
2014-12	Aug 4, 2015	990O	View PDF
...and five more Form 990 PDFs

Financials for Southeast Colorado Power Association

Field	2018	2017
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$0	$0
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$0	$0

Field	2018	2017	% Change
Total grants, contributions, etc.	$0	$0
Program services	$31,285,439	$28,667,755	9.1%
Investment income and dividends	$219,789	$264,882	-17.0%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$0	$0
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$-778,715	$-1,576,121	50.6%
Total revenues	$30,726,513	$27,356,516	12.3%

Field	2018	2017	% Change
Grants to govts. and orgs. in USA	$0	$0
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$1,149,439	$1,041,361	10.4%
Compensation of current officers, etc.	$975,613	$1,125,832	-13.3%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$3,516,857	$1,476,593	138.2%
Pension/retirement accruals and contributions	$0	$0
Other employee benefits	$0	$0
Payroll taxes	$0	$0
Management fees	$0	$0
Legal fees	$0	$0
Accounting fees	$0	$0
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$0	$0
Other fee-for-service	$0	$0
Advertising and promotion	$0	$0
Office expenses	$0	$0
Information tech. expenses	$0	$0
Royalty expenses	$0	$0
Occupancy	$0	$0
Travel	$0	$0
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$0	$0
Interest	$1,631,167	$1,605,526	1.6%
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$3,325,172	$3,135,794	6.0%
Insurance	$0	$0
All other expenses	$20,577,861	$19,750,730	4.2%
Total expenses	$31,176,109	$28,135,836	10.8%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$1,787,808	$730,680	144.7%
Savings, short-term investments, etc.	$191,296	$570,909	-66.5%
Pledges and grants receivable	$0	$0
Accounts receivable	$2,313,703	$2,319,399	-0.2%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$1,248,029	$1,018,053	22.6%
Prepaid expenses and deferred charges	$815,126	$966,103	-15.6%
Buildings, equipment, etc. post-depreciation	$62,445,454	$58,611,962	6.5%
Investments, publicly traded securities	$0	$0
Investments, other securities	$0	$0
Investments, program-related	$27,246,081	$28,009,044	-2.7%
Intangible assets	$0	$0
Other assets	$0	$0
Total assets	$96,047,497	$92,226,150	4.1%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$4,818,237	$5,070,049	-5.0%
Grants payable	$0	$0
Deferred revenue	$0	$0
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$36,563,084	$32,413,077	12.8%
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$548,842	$1,272,243	-56.9%
Total liabilities	$41,930,163	$38,755,369	8.2%

Field	2018	2017
Unrestricted net assets	$0	$0
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for Southeast Colorado Power Association

Vendor	Services	Amount paid	Date
Kimbia	Fundraising software		2020-09-09
███████ ███ ████	Fundraising software; Payment processing		2020-09-09
█████████	Content management system software		2020-09-09
█████████ ████████	Software		2020-09-09
███ ███	Tax accounting		2019-01-29
█████ ████████	Construction	$742,080	2017-12-01
██████████ ████	Tree Trimming	$272,290	2017-12-01
████████ ██████████	Excavating	$247,746	2017-12-01
...and two more vendors

Personnel at Southeast Colorado Power Association

Name	Title	Compensation	Most recent data
Jack Johnston	Chief Executive Officer	$283,991	April 22, 2020
Mark Hall	Chief Operations Officer	$112,631	April 22, 2020
███ ███████████	Chief Financial Officer	-	April 22, 2020
█████ ███████	Chief Member Services Officer Chief Technology Officer	$96,188	April 22, 2020
██████ ██████	Chief Human Resources Officer	$83,864	April 22, 2020
██████ █████	Chief Legal Officer	-	April 22, 2020
██████ ███████████	Past Chief Financial Officer	$10,250	Dec. 31, 2018
██████ █████	Journeyman	$116,878	Dec. 31, 2018
███████ ███████	Past Chief Operating Officer	$118,897	Dec. 31, 2018
████████ █████	Secretary	$5,450	Dec. 31, 2018
...and two more key personnel

Peer public utilities

	Name	Type	Revenue	Location
1	San Luis Valley Rural Electric Cooperative	501(c)(12)	$33 million	Monte Vista, CO
2	Yampa Valley Electric Association	501(c)(12)	$61 million	Steamboat Springs, CO
3	Highline Electric Association (HEA)	501(c)(12)	$54 million	Holyoke, CO
4	Mountain Parks Electric	501(c)(12)	$40 million	Granby, CO
5	Delta Montrose Electric Association	501(c)(12)	$71 million	Montrose, CO
6	Gunnison County Electric Association	501(c)(12)	$19 million	Gunnison, CO
7	Morgan County Rural Electric Association	501(c)(12)	$39 million	Fort Morgan, CO
8	Pemiscot-Dunklin Electric Cooperative	501(c)(12)	$19 million	Hayti, MO
9	Kem Electric Cooperative	501(c)(12)	$10 million	Linton, ND
10	Blue Grass Energy Cooperative Corp	501(c)(12)	$125 million	Nicholasville, KY
11	Dakota Valley Electric Cooperative	501(c)(12)	$62 million	Edgeley, ND
12	Lacreek Electric Association	501(c)(12)	$15 million	Martin, SD
13	Cherry-Todd Electric Cooperative	501(c)(12)	$15 million	Mission, SD
14	New Hampshire Electric Cooperative (NHEC)	501(c)(12)	$145 million	Plymouth, NH
15	Columbia Rural Electric Association	501(c)(12)	$31 million	Walla Walla, WA
16	Pennyrile Rural Electric Cooperative Corporation	501(c)(12)	$134 million	Hopkinsville, KY
17	Plateau Electric Cooperative	501(c)(12)	$38 million	Oneida, TN
18	Delta Electric Power Association	501(c)(12)	$68 million	Greenwood, MS
19	Central Rural Electric Cooperative	501(c)(12)	$65 million	Stillwater, OK
20	Rich Mountain Electric Cooperative (RMEC)	501(c)(12)	$17 million	Mena, AR
21	Kiwash Electric Cooperative	501(c)(12)	$21 million	Binger, OK
22	Orange County Rural Electric Membership Corporation	501(c)(12)	$16 million	Orleans, IN
23	Rosebud Electric Cooperative	501(c)(12)	$8.7 million	Gregory, SD
24	Lyntegar Electric Cooperative	501(c)(12)	$78 million	Tahoka, TX
25	Bartlett Electric Cooperative	501(c)(12)	$23 million	Bartlett, TX

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Cause IQ organization profile

Southeast Colorado Power Association

Program areas at Southeast Colorado Power Association

Form 990s for Southeast Colorado Power Association

Financials for Southeast Colorado Power Association

Vendors for Southeast Colorado Power Association

Personnel at Southeast Colorado Power Association

Peer public utilities

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