Yampa Valley Electric Association
Nonprofit profile at a glance
- EIN
- 840358317
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Steamboat Springs, CO, US
- Phone
- (970) 879-1160
- Rating confidence
- Limited
Reported finances
- Revenue
- $82,393,776
- Expenses
- $77,811,351
- Assets
- $220,943,036
- Liabilities
- $135,379,014
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- STEVEN JOHNSON (GM/PRESIDENT (JAN-JUL))
- SCOTT BLECKE (CEO/PRESIDENT (AUG-DEC))
Highest reported compensation
- STEVEN JOHNSON (GM/PRESIDENT (JAN-JUL)): $422,630 total reported compensation
- JAMES CROSS (ENGINEERING MANAGER): $303,867 total reported compensation
- JOHN CROMER (OPERATIONS MANAGER): $288,465 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Yampa valley electric association is a cooperative that enhances the lives of its member owners through technology and consulting resources that deliver clean, safe, and reliable electric service in an environmentally and financially responsible manner.
What it reported doing in 2024
Providing electric energy to our members on a cooperative basis through the allocation of patronage capital. There were 28,641 consumers at year end.
Operating model
- Revenue model
- Earned-program. 92% 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: 77
- 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: 91.7%; rating input score 92; 8th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
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: 5.6%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 2.84; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.61; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 4.2%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: -10% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: 2.8% per year; rating input score 100; 20th percentile among comparable filings
- Asset growth: 7.6% per year; rating input score 100; 56th percentile among comparable filings
Details
- What they do: 9 programs and campaigns described on the official site · 7 operating locations identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $423K · 23 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $4.4M reported
- Consistency: 13 of 13 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 23 filed money-flow records
- Related organizations: 3 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 — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 59/100.
- High — Sustainability: Officer compensation ratio scored 23/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.