Prairie Land Electric Cooperative, Inc.
Legal name: Prairie Land Electric Cooperative Inc
Nonprofit profile at a glance
- EIN
- 480354623
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Norton, KS, US
- Phone
- 785-877-3323
- Rating confidence
- Limited
Reported finances
- Revenue
- $69,780,782
- Expenses
- $69,780,782
- Assets
- $204,483,051
- Liabilities
- $108,237,093
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- KEITH ROSS (VICE PRESIDENT)
- MIKE ROGERS (PRESIDENT)
- KIRK GIRARD (CEO)
- ALISHA STARK (CFO/ASSISTANT CEO)
Highest reported compensation
- KIRK GIRARD (CEO): $599,728 total reported compensation
- ALISHA STARK (CFO/ASSISTANT CEO): $309,078 total reported compensation
- JAMES COASH (OPERATIONS MANAGER): $258,329 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Prairie Land works hard to power your life reliably and affordably.
What it reported doing in 2024
Providing electric energy to our members on a cooperative basis through the allocation of patronage capital. There were 24,568 active services at year end.
Operating model
- Revenue model
- Earned-program. 100% 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: 59
- Accountability: 95
- Sustainability: 43
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 83.3%; rating input score 83; 0th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Pass
- 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: 16.9%; rating input score 17; 7th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 2.93; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.53; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 3.7%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: -40% per year; rating input score 0; 0th percentile among comparable filings
- Revenue growth: 1.3% per year; rating input score 100; 10th percentile among comparable filings
- Asset growth: 4.7% per year; rating input score 100; 34th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 11 of 11 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $600K · 20 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $2.2M reported
- Consistency: 12 of 14 current checks pass · 2 findings to review
- Schedules: 5 filed schedules · includes grants and executive pay
- Filing history: 14 filing years from 2010 to 2024
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Grant itemization coverage scored 17/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 29/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Review — Accountability: Governance controls: Audit committee oversight not reported.
- High — Sustainability: Officer compensation ratio scored 28/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.