Nonprofit · EIN 84-0248168
LA PLATA ELECTRIC ASSOCIATION INC
Tax-exempt · DURANGO, CO 81302
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $118,213,999 | $107,466,442 | $10,747,557 | $292,966,410 | $134,829,767 | $158,136,643 |
| December 31, 2023 | 990 | $114,201,372 | $110,409,487 | $3,791,885 | $285,698,499 | $135,919,924 | $149,778,575 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $110,599,319
- Investment income
- $2,072,648
- Net gain from sales of assets
- $1,383,485
- Net income from sales of inventory
- $297
- Other revenue
- $5,542,032
Expenses
- Grants and similar amounts paid
- $106,908
- Compensation of officers, directors and key employees
- $1,978,380
- Other salaries and wages
- $7,736,975
- Salaries, compensation and benefits (total)
- $14,659,753
- Professional fundraising fees
- $0
- Legal fees
- $490,402
- Accounting fees
- $85,783
- Travel
- $98,813
- Depreciation
- $10,362,047
Balance sheet and other
- Total assets, start of year
- $285,698,499
- Total assets, end of year
- $292,966,410
- Total liabilities, end of year
- $134,829,767
- Net assets, end of year
- $158,136,643
- Land, buildings and equipment
- $178,603,738
- Gross unrelated business income
- $1,383,782
- Gross receipts
- $118,220,934
- Employees
- 134
- Volunteers
- 0
- Year formed
- 1939
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Graham Smith | Interim Chief Executive Officer / General Council Officer | 60 | $369,865 | $84,989 |
| Jessica Matlock | Chief Executive Officer Officer | 60 | $403,184 | $45,030 |
| Dan Harms | Executive VP of Grid Solutions & Special Projects Key employee | 50 | $318,214 | $68,992 |
| Elizabeth Howe | VP of Administrative Services Key employee | 50 | $256,320 | $65,403 |
| Patrick Berry | Vice President of Finance Officer | 50 | $229,494 | $69,657 |
| Drew Timmerman | Vice President of Information Technology Key employee | 50 | $209,435 | $64,193 |
| Jerry Sutherlin | Vice President of Operations Key employee | 50 | $222,346 | $48,523 |
| Garrett Hammer | District Manager - Pagosa Springs Highest-paid employee | 50 | $181,460 | $53,492 |
| Aaron Renner | Dispatch Highest-paid employee | 40 | $185,984 | $37,182 |
| Rachel Killinen | Dispatcher Highest-paid employee | 40 | $178,001 | $45,135 |
| Michael Messier | Working Foreman, Lineman Highest-paid employee | 40 | $168,862 | $46,600 |
| Trevor Bryant | Lineman Highest-paid employee | 40 | $173,393 | $14,063 |
| Chris Hansen | Chief Executive Officer Officer | 50 | $75,353 | $10,962 |
| Nicole Pitcher | Board Secretary Trustee or director | 9.01 | $24,194 | $0 |
| Tim Wheeler | Treasurer Trustee or director | 7.73 | $23,875 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ted Compton | Board President Trustee or director | 8.21 | $23,000 |
| Holly Metzler | Director Trustee or director | 12.16 | $21,725 |
| David Luschen | Director Trustee or director | 7.01 | $20,917 |
| Kirsten Skeehan | Director Trustee or director | 10.26 | $20,691 |
| Rachel Landis | Board Vice President Trustee or director | 7 | $19,778 |
| John Lee | Director Trustee or director | 5.17 | $18,929 |
| John Witchel | Director Trustee or director | 6.1 | $18,771 |
| Kohler McInnis | Director Trustee or director | 6.11 | $16,509 |
| Joe Lewandowski | Director Trustee or director | 5.31 | $16,350 |
| Daniel K Huntington | Director Trustee or director | 6.95 | $15,825 |
990 for the year ended December 31, 2023: 27 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Jessica Matlock | Chief Executive Officer Officer | 60 | $544,645 | $0 | $61,746 |
| Dan Harms | Executive VP of Grid Solutions & Special Projects Officer | 60 | $286,605 | $0 | $47,642 |
| Graham Smith | General Counsel Key employee | 50 | $245,822 | $0 | $45,896 |
| Elizabeth Howe | VP of Administrative Services Key employee | 50 | $210,920 | $0 | $43,983 |
| Drew Timmerman | Vice President of Information Technology Key employee | 50 | $192,145 | $0 | $48,635 |
| Jerry Sutherlin | Vice President of Operations Key employee | 50 | $195,717 | $0 | $43,513 |
| Stephen Lynch | Substation Maintenance Highest-paid employee | 40 | $192,492 | $0 | $30,295 |
| Michael Messier | Working Foreman, Lineman Highest-paid employee | 40 | $187,723 | $0 | $34,912 |
| Garrett Hammer | District Manager - Pagosa Springs Highest-paid employee | 50 | $160,773 | $0 | $47,332 |
| Clinton Peak | Working Foreman, Lineman Highest-paid employee | 40 | $165,116 | $0 | $40,556 |
| Alex Preszler | Dispatcher Highest-paid employee | 45 | $156,927 | $0 | $20,134 |
| Karl Ramsey | Vice President of Finance Officer | 50 | $135,369 | $0 | $35,090 |
| Patrick Berry | Vice President of Finance Officer | 50 | $71,354 | $0 | $14,765 |
| Kohler McInnis | Director Trustee or director | 15.21 | $15,316 | $27,250 | $0 |
| Kirsten Skeehan | Board Vice President Trustee or director | 11.29 | $20,515 | $0 | $0 |
| Holly Metzler | Director Trustee or director | 9.52 | $18,627 | $0 | $0 |
| Joe Lewandowski | Director Trustee or director | 4.19 | $17,347 | $0 | $0 |
| John Lee | Board Secretary Trustee or director | 6.13 | $16,807 | $0 | $0 |
| Ted Compton | Board President Trustee or director | 6.02 | $16,500 | $0 | $0 |
| Tim Wheeler | Treasurer Trustee or director | 7.03 | $16,000 | $0 | $0 |
| Rachel Landis | Director Trustee or director | 3.38 | $15,877 | $0 | $0 |
| Daniel K Huntington | Director Trustee or director | 5.38 | $15,325 | $0 | $0 |
| John Witchel | Director Trustee or director | 4.7 | $13,475 | $0 | $0 |
| David Luschen | Director Trustee or director | 4 | $10,910 | $0 | $0 |
| Nicole Pitcher | Director Trustee or director | 6.57 | $10,482 | $0 | $0 |
| Sue McWilliams | Director Trustee or director | 2.88 | $6,650 | $0 | $0 |
| Bob Lynch | Director Trustee or director | 1.46 | $4,850 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2750, DURANGO, CO 81302-2750
- In care of
- % MONICA RODRIGUEZ
- Principal officer (990 for 2024)
- La Plata Electric Association, PO BOX 2750, DURANGO, CO 81302
- Signed the 990
- CHRIS HANSEN, Cheif Executive Officer
- Phone
- (970) 382-3575
- Website
- www.lpea.coop
Mission
To provide our members with safe, reliable electricity at the lowest reasonable cost while being environmentally responsible.
Program accomplishments
- LPEA is an electric distribution system; as of December 31, 2024, LPEA had 49,425 services in place and 3,803 miles of line.Expenses $107,466,442 · revenue $118,213,999
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 | Not 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
- 84-0248168
- 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)
- $292,966,410
- Income (IRS master file)
- $118,220,934
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $118,213,999 | $107,466,442 | $292,966,410 | XML |
| 990 | December 2023 | $114,201,372 | $110,409,487 | $285,698,499 | XML |
| 990 | December 2022 | $112,117,449 | $108,527,921 | $284,945,015 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 84-0248168).
Questions about LA PLATA ELECTRIC ASSOCIATION INC
- What is the EIN of LA PLATA ELECTRIC ASSOCIATION INC?
- The employer identification number (EIN) of LA PLATA ELECTRIC ASSOCIATION INC is 84-0248168.
- Is LA PLATA ELECTRIC ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1940.
- Are donations to LA PLATA ELECTRIC ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LA PLATA 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 LA PLATA ELECTRIC 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 LA PLATA ELECTRIC 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 LA PLATA ELECTRIC ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names La Plata Electric Association.
- Who are the officers and directors of LA PLATA ELECTRIC ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 25 people; 25 received compensation from the organization, the highest $369,865 (Graham Smith, Interim Chief Executive Officer / General Council).
- How much revenue does LA PLATA ELECTRIC ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $118,213,999, expenses of $107,466,442 and total assets of $292,966,410 at year end.
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