EIN 87-0133588

Garkane Energy Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
81
City
Loa
State
Year formed
1938
Most recent tax filings
2023-12-01
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
$31,481,839
2023
Total expenses
$29,161,231
2023
Total assets
$104,673,604
2023
Num. employees
81
2023

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 5 more key personnel

Financials for Garkane Energy Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$30,134,711
Investment income and dividends$47,030
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$107,855
Net gain from sale of non-inventory assets$133,196
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,059,047
Total revenues$31,481,839

Form 990s for Garkane Energy Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-11990View PDF
2022-122023-11-08990View PDF
2021-122022-10-20990View PDF
2020-122021-11-09990View PDF
2019-122020-09-23990View PDF
...and 10 more Form 990s

Organizations like Garkane Energy Cooperative

OrganizationLocationRevenue
South Louisiana Electric Cooperative AssociationHouma, LA$8,791,328
Pitt and Greene Electric Membership CorporationFarmville, NC$25,474,640
Egyptian Electric Cooperative AssociationMurphysboro, IL$46,695,240
Coahoma Electric Power AssociationLyon, MS$22,058,190
Jo-Carroll EnergyElizabeth, IL$66,042,694
Utilities District of Western Indiana RemcBloomfield, IN$49,211,633
Coleman County Electric CooperativeColeman, TX$19,164,414
Pioneer Electric CooperativeUlysses, KS$84,514,183
Big Sandy Rural Electric Cooperative CorporationPaintsville, KY$27,536,817
French Broad Electric Membership CorporationMarshall, NC$85,151,420
Data update history
October 1, 2024
Updated personnel
Identified 3 new personnel
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
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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