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Nonprofit · EIN 44-0392918

PLATTE-CLAY ELECTRIC COOPERATIVE INC

Tax-exempt · KEARNEY, MO 64060

Financials

$75.8M$75.8M2023$72.2M$72.2M2024
Revenue Expenses · by fiscal year end
Financials of PLATTE-CLAY ELECTRIC COOPERATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$72,240,535$72,240,535$0$201,622,620$90,026,274$111,596,346
December 31, 2023990$75,811,518$75,811,518$0$204,561,125$92,572,149$111,988,976
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$71,876,060
Investment income
$103,012
Net rental income
$266,697
Net gain from sales of assets
$52,709
Other revenue
$261,463

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$5,191,540
Compensation of officers, directors and key employees
$968,619
Other salaries and wages
$1,267,859
Salaries, compensation and benefits (total)
$2,236,478
Professional fundraising fees
$0
Depreciation
$5,145,659

Balance sheet and other

Total assets, start of year
$204,561,125
Total assets, end of year
$201,622,620
Total liabilities, end of year
$90,026,274
Net assets, end of year
$111,596,346
Land, buildings and equipment
$145,508,498
Gross receipts
$72,240,535
Employees
82
Year formed
1938
State of legal domicile
MO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
David DeihiGeneral Manager
Officer
55$319,703$236,932
Jared WoltersManager Engineering
Highest-paid employee
50$262,361$186,712
Kenneth BrownManager Finance and Accounting
Officer
50$213,089$116,695
Travis AndersonManager Operations
Highest-paid employee
50$184,787$134,603
Ralph E WilliamsManager Information Technology
Highest-paid employee
50$170,526$99,907
Jennifer GrosslManager Marketing & Communications
Highest-paid employee
50$166,562$62,401
Kendall DavisBoard Member
Trustee or director
12$21,400$0
Kelly ParkhurstBoard Member
Trustee or director
12$12,500$0
Edward BargerBoard Member
Trustee or director
10$9,700$0
Theresa WrenBoard Member
Trustee or director
15$9,100$0
David EdwardsBoard Member
Trustee or director
20$7,600$0
Dennis FulkBoard Member
Trustee or director
10$6,800$0
Mark BakerBoard Member
Trustee or director
12$6,300$0
Larry LeachmanBoard Member
Trustee or director
4$4,800$0
Kim GoepferichBoard Member
Trustee or director
11$4,000$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
David DeihiGeneral Manager
Officer
55$305,038$276,261
Jared WoltersManager Engineering
Highest-paid employee
50$231,351$151,662
Kenneth BrownManager Finance and Accounti
Officer
50$204,613$102,475
Travis AndersonManager Operations
Highest-paid employee
50$165,283$76,450
Ralph E WilliamsManager Information Technolo
Highest-paid employee
50$159,262$81,693
Jennifer GrosslManager Marketing & Communic
Highest-paid employee
50$157,966$55,440
Kendall DavisBoard Member
Trustee or director
12$19,100$0
Edward BargerBoard Member
Trustee or director
10$15,300$0
Theresa WrenBoard Member
Trustee or director
15$13,100$0
Kelly ParkhurstBoard Member
Trustee or director
12$11,800$0
David EdwardsBoard Member
Trustee or director
20$9,500$0
Larry LeachmanBoard Member
Trustee or director
4$6,700$0
Mark BakerBoard Member
Trustee or director
12$6,400$0
Kim GoepferichBoard Member
Trustee or director
11$6,400$0
Dennis FulkBoard Member
Trustee or director
10$4,400$0

Address and contacts

Address (IRS master file)
PO BOX 100, KEARNEY, MO 64060-0100
In care of
% DAVID DEIHI
Principal officer (990 for 2024)
David Deihi, PO Box 100, Kearney, MO 640600100
Signed the 990
DAVID DEIHI, General Manager
Phone
(816) 628-3121
Return prepared by
Kelso Lynch PC PA

Mission

Provide the distribution of electric service to rural customers.

990 for the year ended December 31, 2024

Program accomplishments

  • Provide electrical service to rural customers - total connections approximately 25,800.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
44-0392918
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1940
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$201,622,620
Income (IRS master file)
$72,240,535

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$72,240,535$72,240,535$201,622,620XML
990December 2023$75,811,518$75,811,518$204,561,125XML
990December 2022$76,880,883$72,595,239$192,685,266IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 44-0392918).

Questions about PLATTE-CLAY ELECTRIC COOPERATIVE INC

What is the EIN of PLATTE-CLAY ELECTRIC COOPERATIVE INC?
The employer identification number (EIN) of PLATTE-CLAY ELECTRIC COOPERATIVE INC is 44-0392918.
Is PLATTE-CLAY ELECTRIC COOPERATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1940.
Are donations to PLATTE-CLAY ELECTRIC COOPERATIVE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PLATTE-CLAY ELECTRIC COOPERATIVE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PLATTE-CLAY ELECTRIC COOPERATIVE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PLATTE-CLAY ELECTRIC COOPERATIVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PLATTE-CLAY ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 names David Deihi.
Who are the officers and directors of PLATTE-CLAY ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 lists 15 people; 15 received compensation from the organization, the highest $319,703 (David Deihi, General Manager).
How much revenue does PLATTE-CLAY ELECTRIC COOPERATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $72,240,535, expenses of $72,240,535 and total assets of $201,622,620 at year end.

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