Kootenai Electric Cooperative
Legal name: Kootenai Electric Cooperative Inc
Nonprofit profile at a glance
- EIN
- 820136983
- IRS 990 coverage
- 2012–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024
- Location
- Rathdrum, ID, US
- Phone
- (208) 765-1200
- Rating confidence
- Limited
Reported finances
- Revenue
- $73,756,106
- Expenses
- $70,601,404
- Assets
- $305,467,743
- Liabilities
- $211,749,469
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- DOUGLAS ELLIOTT (GENERAL MANAGER/CEO)
Highest reported compensation
- DOUGLAS ELLIOTT (GENERAL MANAGER/CEO): $601,619 total reported compensation
- JULIE TURBIN (VP OPS & OPS SERVICES): $414,877 total reported compensation
- KEITH GEDNALSKE (FOREMAN): $343,897 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide our member-owners with exceptional service and dependable electric power at competitive rates.
What it reported doing in 2024
Kootenai electric cooperative, inc. Is a member-owned electric utility which provides reliable electric service to approximately 29,800 members.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 73
- Accountability: 100
- Sustainability: 55
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 17th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 71%; rating input score 71; 15th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 4.3%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 4.33; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.69; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 4.1%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 6% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: 7.1% per year; rating input score 100; 52nd percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 4 operating locations identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 7 of 7 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $602K · 14 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $8.9M reported
- Consistency: 15 of 16 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes grants, executive pay, and related organizations
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 15 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 53/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 22/100.
- High — Sustainability: Officer compensation ratio scored 25/100.