Moon Lake Electric Association, Inc
Legal name: Moon Lake Electric Association Inc
Nonprofit profile at a glance
- EIN
- 870154903
- IRS 990 coverage
- 2019–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Roosevelt, Utah, US
- Phone
- (888) 688-6532
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Utilities
Reported finances
- Revenue
- $103,405,938
- Expenses
- $93,878,579
- Assets
- $166,890,457
- Liabilities
- $48,165,166
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- Yankton A Johnson (CEO/General Manager)
- Alan Robert Ducey (Board President)
- Kenneth A Moon (Board Vice President)
Highest reported compensation
- Yankton A Johnson (CEO/General Manager): $505,657 total reported compensation
- Michael J Griffiths (Engineering Manager): $329,837 total reported compensation
- Curtis F Miles (Operations Manager): $297,099 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Moon Lake Electric Association is a member-owned electric cooperative dedicated to providing safe, reliable, and affordable electricity to its members while supporting the communities it serves.
What it reported doing in 2025
Provide a safe and efficient electrical system to deliver power to members.
Operating model
- Revenue model
- Other-operating. 99% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing does not identify recipients for some grant dollars and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 54
- Accountability: 95
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.1%; rating input score 91
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 15th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 26.2%; rating input score 26; 9th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 9.2%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 1.78; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 59; 59th percentile among comparable filings
- Officer compensation ratio: 3.5%; rating input score 37; 37th percentile among comparable filings
Growth
- Program expense growth: 75% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: 19% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 6% per year; rating input score 100; 43rd percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 91.1% of revenue deployed · 100% of spending went to programs
- Governance: 7 of 7 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $93.9M in reported program spending
- Leadership: top reported pay $506K · 19 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $5.9M reported
- Consistency: 43 of 44 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes grants and executive pay
- Filing history: 7 filing years from 2019 to 2025
- Contacts: How to reach this organization
- Money network: 21 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.
- High — Transparency & Controls: Grant itemization coverage scored 26/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- Moderate — Sustainability: Officer compensation ratio scored 37/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 59/100.