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Nonprofit · EIN 48-0499309

VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC

Tax-exempt · DODGE CITY, KS 67801

Financials

$72.4M$71.8M2023$74.9M$74.6M2024
Revenue Expenses · by fiscal year end
Financials of VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$74,927,824$74,618,444$309,380$192,313,303$105,223,533$87,089,770
December 31, 2023990$72,384,416$71,810,969$573,447$190,296,293$108,409,666$81,886,627
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$74,528,413
Investment income
$329,245
Net rental income
$4,747
Net gain from sales of assets
$46,935
Net income from sales of inventory
-$9,297
Other revenue
$70,166

Expenses

Grants and similar amounts paid
$72,624
Benefits paid to members
$6,029,940
Compensation of officers, directors and key employees
$1,969,961
Other salaries and wages
$3,577,890
Salaries, compensation and benefits (total)
$7,542,298
Professional fundraising fees
$0
Depreciation
$5,911,876

Balance sheet and other

Total assets, start of year
$190,296,293
Total assets, end of year
$192,313,303
Total liabilities, end of year
$105,223,533
Net assets, end of year
$87,089,770
Land, buildings and equipment
$133,917,183
Gross receipts
$74,944,417
Employees
80
Volunteers
0
Year formed
1945
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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ANTHONY S LAWSCEO
Officer
60$404,651$155,083
DENZIL MCGILLCIO
Officer
45$189,012$105,380
ANGELA K UNRUHCFO
Officer
48$205,333$86,048
RYAN MILLERVP OF OPERATIONS
Key employee
48$160,771$129,270
TED MCATEEJOURNEYMAN LINEMAN
Highest-paid employee
53.1$149,468$90,129
AMY GRASSERVP OF CORPORATE SERVICES/HR
Key employee
45$154,190$67,372
ROB HENRYVP OF ENGINEERING
Highest-paid employee
50$148,362$72,207
PATRICK DEAVERJOURNEYMAN LINEMAN
Highest-paid employee
45.4$132,499$83,842
JESUS RUIZJOURNEYMAN LINEMAN
Highest-paid employee
49.2$143,017$57,821
ROSS ACKERMANJOURNEYMAN LINEMAN
Highest-paid employee
46.6$132,049$62,113
CEDRIC DREWESVICE PRESIDENT
Trustee or director, Officer
8$40,278$0
JAMES L OCHSTRUSTEE
Trustee or director
7$36,078$0
MEGAN EVANSTRUSTEE
Trustee or director
7$34,560$0
JOHN LEISTRUSTEE
Trustee or director
5$31,545$0
PATRICK MORSETRUSTEE
Trustee or director
5$29,980$0
6 more people on this return
NameTitleHours / weekCompensation
JAMES DARYL TIEBENPRESIDENT
Trustee or director, Officer
6.3$29,080
JIM IMELTRUSTEE
Trustee or director
7$26,855
RANDY QUINTTRUSTEE
Trustee or director
4.5$26,680
TERRI LARSONSECRETARY-TREASURER
Trustee or director, Officer
7$26,080
KENNY WEHKAMPTRUSTEE
Trustee or director
10$25,780
KENNETH SCHULTETRUSTEE
Trustee or director
4$5,935
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
ANTHONY S LAWSCEO
Officer
60$394,064$143,433
DENZIL MCGILLCIO
Officer
45$182,522$98,516
ANGELA K UNRUHCFO
Officer
48$195,811$83,701
RYAN MILLERVP OF OPERATIONS
Key employee
48$154,842$122,488
ERIC SPEERMANAGER OF OPERATIONS
Highest-paid employee
48$129,984$90,859
ROB HENRYVP OF ENGINEERING
Highest-paid employee
50$141,896$76,696
TED MCATEEJOURNEYMAN LINEMAN
Highest-paid employee
50$130,073$85,478
AMY GRASSERVP OF CORPORATE SERVICES
Highest-paid employee
45$137,310$64,754
AUSTIN GOODERJOURNEYMAN LINEMAN
Highest-paid employee
49$126,815$22,231
CEDRIC DREWESSECRETARY/TREASURER
Trustee or director, Officer
7$42,460$0
JAMES L OCHSTRUSTEE
Trustee or director
8$38,260$0
JOHN LEISTRUSTEE
Trustee or director
6$35,260$0
MEGAN EVANSTRUSTEE (FEB-DEC)
Trustee or director
3$31,568$0
PATRICK MORSEPRESIDENT
Trustee or director, Officer
5.3$30,832$0
JAMES DARYL TIEBENVICE PRESIDENT
Trustee or director, Officer
6.4$29,932$0
TERRI LARSONTRUSTEE
Trustee or director
4.3$28,432$0
JIM IMELTRUSTEE
Trustee or director
7$28,005$0
KENNY WEHKAMPTRUSTEE
Trustee or director
5$26,032$0
RANDY QUINTTRUSTEE
Trustee or director
4$24,832$0
KENNETH SCHULTETRUSTEE
Trustee or director
4.5$5,940$0
GARY GILLESPIETRUSTEE (JAN-FEB)
Trustee or director
5$4,239$0

Address and contacts

Address (IRS master file)
PO BOX 1335, DODGE CITY, KS 67801-1335
Principal officer (990 for 2024)
SHANE LAWS, PO BOX 1335, DODGE CITY, KS 678011335
Signed the 990
SHANE LAWS, CEO
Phone
(620) 227-2139
Return prepared by
BOLINGER SEGARS GILBERT AND MOSS LLP

Mission

TO PROVIDE A SAFE, RELIABLE SERVICE AT A COMPETITIVE RATE, PROVIDE ECONOMIC DEVELOPMENT OPPORTUNITIES AND SERVICES FOR OUR MEMBERS, AND ENSURE THE FINANCIAL STABILITY OF THE COOPERATIVE THROUGH THE USE OF PRUDENT BUSINESS PRACTICES AND THE LATEST TECHNOLOGY.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDING ELECTRIC ENERGY TO OUR MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 20,568 ACTIVE SERVICES AT YEAR END.

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
48-0499309
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1954
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$192,313,303
Income (IRS master file)
$74,944,417

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$74,927,824$74,618,444$192,313,303XML
990December 2023$72,384,416$71,810,969$190,296,293XML
990December 2022$87,729,431$87,545,520$184,950,618IRS
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 48-0499309).

Questions about VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC

What is the EIN of VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC?
The employer identification number (EIN) of VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC is 48-0499309.
Is VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1954.
Are donations to VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does VICTORY ELECTRIC COOPERATIVE ASSOCIATION 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 VICTORY ELECTRIC COOPERATIVE ASSOCIATION 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 VICTORY ELECTRIC COOPERATIVE ASSOCIATION 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 VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names SHANE LAWS.
Who are the officers and directors of VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 21 people; 21 received compensation from the organization, the highest $404,651 (ANTHONY S LAWS, CEO).
How much revenue does VICTORY ELECTRIC COOPERATIVE ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $74,927,824, expenses of $74,618,444 and total assets of $192,313,303 at year end.

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