Nonprofit · EIN 48-0124045
ARK VALLEY ELECTRIC COOPERATIVE ASSN INC
Tax-exempt · HUTCHINSON, KS 67504
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $14,261,202 | $14,261,202 | $0 | $44,770,923 | $20,018,454 | $24,752,469 |
| December 31, 2024 | 990 | $14,077,030 | $14,077,030 | $0 | $44,118,487 | $20,589,214 | $23,529,273 |
| December 31, 2023 | 990 | $14,366,383 | $14,261,237 | $105,146 | $45,246,819 | $21,780,600 | $23,466,219 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $14,176,089
- Investment income
- $64,705
- Net rental income
- $23,594
- Other revenue
- $20,408
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $1,567,385
- Compensation of officers, directors and key employees
- $724,633
- Other salaries and wages
- $883,349
- Salaries, compensation and benefits (total)
- $1,607,982
- Professional fundraising fees
- $0
- Depreciation
- $1,415,151
Balance sheet and other
- Total assets, start of year
- $44,118,487
- Total assets, end of year
- $44,770,923
- Total liabilities, end of year
- $20,018,454
- Net assets, end of year
- $24,752,469
- Land, buildings and equipment
- $35,200,140
- Gross receipts
- $14,261,202
- Employees
- 15
- Year formed
- 1939
- State of legal domicile
- KS
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jackie Holmberg | General Manager Officer | 46 | $182,781 | $86,834 |
| Jim Sherry | Director of Operations Key employee | 50 | $175,808 | $87,870 |
| Justin Tankersley | Line Foreman Highest-paid employee | 43 | $142,683 | $46,812 |
| Ryan Walton | Journeyman Lineman Highest-paid employee | 44 | $135,659 | $39,485 |
| Aryn Walton | Journeyman Lineman Highest-paid employee | 45 | $139,622 | $35,157 |
| Garth Graham | Journeyman Lineman Highest-paid employee | 45 | $139,503 | $34,781 |
| Cameron Horesky | Journeyman Lineman Highest-paid employee | 44 | $134,159 | $35,488 |
| Penny Wood | Office Manager Officer | 41 | $120,759 | $40,831 |
| Doug Barr | Director Trustee or director | 2 | $6,300 | $0 |
| Keith McNickle | President Trustee or director | 3 | $4,100 | $0 |
| Peggy Burgess | Director Trustee or director | 2 | $3,950 | $0 |
| Larry Froese | Treasurer Trustee or director | 2 | $3,850 | $0 |
| Joseph Seiwert | Director Trustee or director | 2 | $3,850 | $0 |
| Jaime Howard | Secretary Trustee or director | 2 | $3,850 | $0 |
| Steve Schweizer | Vice President Trustee or director | 3 | $3,850 | $0 |
990 for the year ended December 31, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jackie Holmberg | General Manager Officer | 46 | $166,864 | $73,325 |
| Jim Sherry | Director of Operations Key employee | 50 | $161,651 | $73,932 |
| Justin Tankersley | Line Foreman Highest-paid employee | 43 | $133,325 | $40,609 |
| Ryan Walton | Journeyman Lineman Highest-paid employee | 44 | $126,129 | $34,533 |
| Cameron Horesky | Journeyman Lineman Highest-paid employee | 45 | $128,564 | $31,284 |
| Aryn Walton | Journeyman Lineman Highest-paid employee | 44 | $126,865 | $31,205 |
| Ryan Maehs | Journeyman Lineman Highest-paid employee | 43 | $121,084 | $36,149 |
| Penny Wood | Office Manager Officer | 41 | $111,947 | $34,406 |
| Larry Froese | Treasurer Trustee or director | 2 | $5,150 | $0 |
| Joseph Seiwert | Director Trustee or director | 2 | $4,650 | $0 |
| Jaime Howard | Secretary Trustee or director | 2 | $3,950 | $0 |
| Keith McNickle | President Trustee or director | 3 | $3,500 | $0 |
| Doug Barr | Director Trustee or director | 2 | $3,500 | $0 |
| Steve Schweizer | Vice President Trustee or director | 2 | $3,250 | $0 |
| Peggy Burgess | Director Trustee or director | 2 | $2,950 | $0 |
| Judy Kinsler | Director Trustee or director | 2 | $1,000 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jackie Holmberg | General Manager Officer | 46 | $160,355 | $105,934 |
| Jim Sherry | Director of Operations Key employee | 50 | $155,244 | $106,664 |
| Justin Tankersley | Line Foreman Highest-paid employee | 42 | $123,678 | $61,975 |
| Ryan Walton | Journeyman Lineman Highest-paid employee | 43 | $119,246 | $53,994 |
| Aryn Walton | Journeyman Lineman Highest-paid employee | 44 | $121,279 | $50,759 |
| Garth Graham | Journeyman Lineman Highest-paid employee | 43 | $116,750 | $50,475 |
| Cameron Horesky | Journeyman Lineman Highest-paid employee | 43 | $114,518 | $50,985 |
| Penny Wood | Office Manager Officer | 41 | $107,792 | $57,684 |
| Judy Kinsler | Secretary Trustee or director | 3 | $5,850 | $0 |
| Doug Barr | Director Trustee or director | 3 | $5,800 | $0 |
| Keith McNickle | President Trustee or director | 4 | $5,700 | $0 |
| Jaime Howard | Director Trustee or director | 2 | $5,600 | $0 |
| Larry Froese | Treasurer Trustee or director | 3 | $5,600 | $0 |
| Joseph Seiwert | Director Trustee or director | 2 | $5,150 | $0 |
| Steve Schweizer | Vice President Trustee or director | 3 | $4,650 | $0 |
| Daniel Schnurr | Director Trustee or director | 2 | $1,000 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1246, HUTCHINSON, KS 67504-1246
- In care of
- % JACKIE HOLMBERG
- Principal officer (990 for 2025)
- Jackie Holmberg, PO Box 1246, Hutchinson, KS 675041246
- Signed the 990
- JACKIE HOLMBERG, General Manager
- Phone
- (620) 662-6661
- Website
- www.arkvalley.com
- Return prepared by
- Kelso Lynch PC PA
Mission
The Ark Valley Electric Cooperative Association, Inc., is dedicated to providing safe, reliable, high quality electric energy to its members at the lowest cost, while striving to improve the quality of life for all its members and adhering to cooperative principles.
Program accomplishments
- Ark Valley Electric Cooperative distributes electricity to 5,278 rural members. It operates 2,001 miles of overhead line and 55 miles of underground distribution lines. The Cooperative is a voluntary organization open to all who are able to use its services. It is controlled by members with one vote per member. The margins beyond those necessary to pay expenses are credited back to the members through capital allocations.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 48-0124045
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1941
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $44,770,923
- Income (IRS master file)
- $14,261,202
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $14,261,202 | $14,261,202 | $44,770,923 | XML |
| 990 | December 2024 | $14,077,030 | $14,077,030 | $44,118,487 | XML |
| 990 | December 2023 | $14,366,383 | $14,261,237 | $45,246,819 | XML |
| 990 | December 2022 | $15,570,728 | $15,570,728 | $45,574,215 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 48-0124045).
Questions about ARK VALLEY ELECTRIC COOPERATIVE ASSN INC
- What is the EIN of ARK VALLEY ELECTRIC COOPERATIVE ASSN INC?
- The employer identification number (EIN) of ARK VALLEY ELECTRIC COOPERATIVE ASSN INC is 48-0124045.
- Is ARK VALLEY ELECTRIC COOPERATIVE ASSN INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1941.
- Are donations to ARK VALLEY ELECTRIC COOPERATIVE ASSN INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ARK VALLEY ELECTRIC COOPERATIVE ASSN 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 ARK VALLEY ELECTRIC COOPERATIVE ASSN INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ARK VALLEY ELECTRIC COOPERATIVE ASSN INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ARK VALLEY ELECTRIC COOPERATIVE ASSN INC?
- The 990 for the year ended December 31, 2025 names Jackie Holmberg.
- Who are the officers and directors of ARK VALLEY ELECTRIC COOPERATIVE ASSN INC?
- The 990 for the year ended December 31, 2025 lists 15 people; 15 received compensation from the organization, the highest $182,781 (Jackie Holmberg, General Manager).
- How much revenue does ARK VALLEY ELECTRIC COOPERATIVE ASSN INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $14,261,202, expenses of $14,261,202 and total assets of $44,770,923 at year end.
Other nonprofits in HUTCHINSON
- HUTCHINSON REGIONAL MEDICAL CENTER INC EIN 48-0774005 · last filed 990 for 2025
- HEARTLAND CREDIT UNION EIN 48-0612011 · last filed 990 for 2025
- AGRI-BUSINESS BENEFIT TRUST EMPLOYEE HEALTH CARE PLAN EIN 48-0958384 · last filed 990 for 2025
- HORIZONS MENTAL HEALTH CENTER EIN 48-0970362 · last filed 990 for 2025
- HUTCHINSON COMMUNITY FOUNDATION EIN 48-1076910 · last filed 990 for 2024
- PRAIRIESTAR HEALTH CENTER INC EIN 48-1154210 · last filed 990 for 2025
- WESLEY TOWERS INC EIN 48-0803058 · last filed 990 for 2025
- PRAIRIE DUNES COUNTRY CLUB EIN 48-0539294 · last filed 990 for 2025