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Nonprofit · EIN 84-0219342

GUNNISON COUNTY ELECTRIC ASSOCIATION INC

Tax-exempt · GUNNISON, CO 81230

Financials

$21.7M$21.7M2023$23.3M$23.4M2024$24.3M$24.1M2025
Revenue Expenses · by fiscal year end
Financials of GUNNISON COUNTY ELECTRIC ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$24,321,816$24,142,151$179,665$60,783,648$29,157,945$31,625,703
December 31, 2024990$23,300,067$23,392,260-$92,193$54,667,427$23,444,907$31,222,520
December 31, 2023990$21,733,987$21,699,154$34,833$52,725,252$22,326,855$30,398,397
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$21,434
of which government grants
$21,434
Program service revenue
$23,510,221
Investment income
$655,206
Net rental income
$20,587
Net gain from sales of assets
$4,511
Other revenue
$134,955

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$1,080,964
Compensation of officers, directors and key employees
$901,237
Other salaries and wages
$4,222,233
Salaries, compensation and benefits (total)
$7,246,123
Professional fundraising fees
$0
Legal fees
$129,824
Accounting fees
$16,185
Occupancy
$339,114
Travel
$98,979
Depreciation
$1,738,160

Balance sheet and other

Total assets, start of year
$54,667,427
Total assets, end of year
$60,783,648
Total liabilities, end of year
$29,157,945
Net assets, end of year
$31,625,703
Land, buildings and equipment
$34,981,987
Gross receipts
$24,321,816
Employees
51
Year formed
1938
State of legal domicile
CO

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.

NameTitleHours / weekCompensationOther / benefits
MICHAEL MCBRIDECEO
Officer
45.73$345,039$184,580
JOHN STOEBERCOO
Officer
44.42$212,946$204,052
MARK VAN DER VEERCFO
Officer
42.57$230,102$88,993
JEFF HANGGIWORKING FOREMAN
Highest-paid employee
45.42$180,622$87,061
JOE GORNIKENGINEERING MANAGER
Highest-paid employee
43.76$205,537$36,721
LOGAN RHODESWORKING FOREMAN
Highest-paid employee
43.24$156,014$57,874
DUSTIN CADWELLWORKING FOREMAN
Highest-paid employee
42.38$156,366$54,572
SHANE MCGUINNESSSYSTEM ADMINISTRATOR
Highest-paid employee
41.29$159,930$37,390
DARCIE PERKINSSECRETARYTREASURER JAN-DEC
Trustee or director, Officer
6.78$20,353$0
THOMAS CARLDIRECTOR
Trustee or director
10.26$20,143$0
MORGAN WEINBERGVPJAN-JUNEPRESIDENTJUL-DEC
Trustee or director, Officer
4.36$16,118$0
FRANK STERNASST SECTREASJAN-JUNVPJUL-DEC
Trustee or director, Officer
4.55$14,541$0
POLLY OBEROSLERDIRECTOR
Trustee or director
4.64$14,303$0
MICHELLE LEHMANNPRESJAN-JUNEASST SECTREASJUL-D
Trustee or director, Officer
3.64$14,191$0
GREG WIGGINSDIRECTOR
Trustee or director
3.37$13,501$0
990 for the year ended December 31, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL MCBRIDECEO
Officer
44.27$314,987$161,318
JOHN STOEBERCOO
Officer
43.7$203,281$156,085
MARK VAN DER VEERCFO
Officer
43.01$216,922$67,070
JEFF HANGGIWORKING FOREMAN
Highest-paid employee
43$159,977$69,304
TODD FULLERLINE SUPERINTENDENT
Highest-paid employee
40.21$148,078$69,290
MATT FEIERSTRATEGY EXECUTION SPECIALIST
Highest-paid employee
40.18$146,000$56,506
DUSTIN CADWELLWORKING FOREMAN
Highest-paid employee
42.67$150,039$40,483
SHANE MCGUINNESSSYSTEM ADMINISTRATOR
Highest-paid employee
40.94$146,767$34,975
MICHELLE LEHMANNPRESIDENT
Trustee or director, Officer
6.81$20,650$0
THOMAS CARLDIRECTOR
Trustee or director
8.32$19,375$0
DARCIE PERKINSASST SEC-TREASJAN-JULSEC-TREAS
Trustee or director, Officer
6.71$17,750$0
POLLY OBEROSLERDIRECTOR
Trustee or director
4.64$16,400$0
MORGAN WEINBERGSECR-TREAS JAN-JUNEVICE PRES
Trustee or director, Officer
5.2$16,025$0
GREG WIGGINSVICE PRESIDENTJAN-JUNEDIRECTOR
Trustee or director, Officer
3.03$12,200$0
FRANK STERNASST SECRETARYTREASURERJULY-DEC
Trustee or director, Officer
5.88$11,275$0
MARK DAILYDIRECTOR JAN-JUNE
Trustee or director
4.79$6,100$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL MCBRIDECEO
Officer
44.19$283,679$158,389
JOHN STOEBERCOO
Officer
43.1$177,495$113,550
PAULA MACLENNANCFO JAN 15TH - MAY 15TH
Officer
46.06$128,275$72,505
JEFF HANGGIWORKING FOREMAN
Highest-paid employee
44.07$147,216$52,500
TODD FULLERLINE SUPERINTENDENT
Highest-paid employee
41.14$126,110$60,551
MATT FEIERSTRATEGY EXECUTION SPECIALIST
Highest-paid employee
40.28$130,165$49,365
DUSTIN CADWELLWORKING FOREMAN
Highest-paid employee
43.68$139,290$34,111
SHANE MCGUINNESSSYSTEM ADMINISTRATOR
Highest-paid employee
40.2$132,462$30,935
MARK VAN DER VEERCFO MAY 16th - DEC 31st
Officer
44.21$115,624$21,611
TOM CARLPRESIDENTJAN-JULYDIRECTOR
Trustee or director, Officer
9.27$19,525$0
MICHELLE LEHMANNVICE PRESIDENTJAN-JULPRESI
Trustee or director, Officer
6.78$19,450$0
POLLY OBEROSLERDIRECTOR
Trustee or director
6.25$18,600$0
DARCIE PERKINSDIRECTORJAN-JULASST SEC-TR
Trustee or director, Officer
7.71$18,500$0
MORGAN WEINBERGASST SECR-TREASJAN-JULSECR
Trustee or director, Officer
4.65$15,700$0
GREG WIGGINSSECR-TREASJAN-JULVICE PRES
Trustee or director, Officer
4.51$14,525$0
MARK DAILYDIRECTOR
Trustee or director
5.77$13,025$0

Address and contacts

Address (IRS master file)
37250 US HIGHWAY 50, GUNNISON, CO 81230-9743
In care of
% MICHAEL MCBRIDE
Principal officer (990 for 2025)
MICHAEL MCBRIDE, 37250 US HWY 50, GUNNISON, CO 81230
Signed the 990
MICHAEL MCBRIDE, CEO
Phone
(970) 641-3520
Return prepared by
MADDAD Accounting and Tax Services

Mission

OUR MISSION: SERVING MEMBERS BY PROVIDING SAFE, RELIABLE ENERGY WITH A STRONG COOPERATIVE TRADITION AND VISION FOR THE FUTURE. OUR VISION: COMMITTED TO BECOMING OUR COMMUNITYS MOST VALUED AND TRUSTED RESOURCE.

990 for the year ended December 31, 2025

Program accomplishments

  • DISTRIBUTION OF ELECTRICITY

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-0219342
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1942
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$60,783,648
Income (IRS master file)
$24,321,816

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$24,321,816$24,142,151$60,783,648XML
990December 2024$23,300,067$23,392,260$54,667,427XML
990December 2023$21,733,987$21,699,154$52,725,252XML
990December 2022$20,798,954$20,875,599$51,163,872IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 84-0219342).

Questions about GUNNISON COUNTY ELECTRIC ASSOCIATION INC

What is the EIN of GUNNISON COUNTY ELECTRIC ASSOCIATION INC?
The employer identification number (EIN) of GUNNISON COUNTY ELECTRIC ASSOCIATION INC is 84-0219342.
Is GUNNISON COUNTY ELECTRIC ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1942.
Are donations to GUNNISON COUNTY ELECTRIC ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GUNNISON COUNTY ELECTRIC 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 GUNNISON COUNTY ELECTRIC ASSOCIATION 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 GUNNISON COUNTY ELECTRIC ASSOCIATION 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 GUNNISON COUNTY ELECTRIC ASSOCIATION INC?
The 990 for the year ended December 31, 2025 names MICHAEL MCBRIDE.
Who are the officers and directors of GUNNISON COUNTY ELECTRIC ASSOCIATION INC?
The 990 for the year ended December 31, 2025 lists 15 people; 15 received compensation from the organization, the highest $345,039 (MICHAEL MCBRIDE, CEO).
How much revenue does GUNNISON COUNTY ELECTRIC ASSOCIATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $24,321,816, expenses of $24,142,151 and total assets of $60,783,648 at year end.

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