Civic Intelligence

Y W Electric Association Inc

EIN 84-0373770 • 501(c)12 • Akron, CO

Profile

Y-w electric association, inc. Is dedicated to providing high quality, reliable electric service and related products to our members at competitive prices. Our members deserve and shall receive quality service unexcelled in our industry. We are committed to maintain an environment where the board of directors and employees can perform at maximum potential to benefit our y-w community.

PO Box YAkron, CO 80720

www.ywelectric.coop

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

51st percentile

0.55x

Higher debt load relative to assets than 51% of similar nonprofits.

501(c)12 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

1.53x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)12 • $100M-$250M nonprofits • Source year 2024

Net Margin

48th percentile

0.0%

Higher net margin than 48% of similar nonprofits.

501(c)12 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

42nd percentile

$345,065

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

501(c)12 • $100M-$250M nonprofits • Source year 2024

Asset Growth

50th percentile

4.4%

Faster asset growth than 50% of similar nonprofits.

501(c)12 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

17%

Faster revenue growth than 95% of similar nonprofits.

501(c)12 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$143,857,285

Up $6,094,000 (+4.4%) from 2023

Liabilities

Up

$79,246,149

Up $5,037,670 (+6.8%) from 2023

Net Assets

Up

$64,611,136

Up $1,056,330 (+1.7%) from 2023

Revenue

Up

$51,856,021

Up $7,383,466 (+17%) from 2023

Expenses

Up

$51,856,021

Up $7,383,466 (+17%) from 2023

Net Income

Flat

$0

Flat from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2011: $87,334,735Liabilities 2011: $33,925,253Net Assets 2011: $53,409,4822011Assets 2012: $92,268,067Liabilities 2012: $36,365,234Net Assets 2012: $55,902,8332012Assets 2013: $94,763,733Liabilities 2013: $37,187,743Net Assets 2013: $57,575,9902013Assets 2014: $101,376,254Liabilities 2014: $42,964,208Net Assets 2014: $58,412,0462014Assets 2015: $105,277,550Liabilities 2015: $46,399,562Net Assets 2015: $58,877,9882015Assets 2016: $108,522,004Liabilities 2016: $48,863,558Net Assets 2016: $59,658,4462016Assets 2017: $112,180,241Liabilities 2017: $51,823,114Net Assets 2017: $60,357,1272017Assets 2018: $119,786,922Liabilities 2018: $58,175,086Net Assets 2018: $61,611,8362018Assets 2019: $130,090,473Liabilities 2019: $67,768,183Net Assets 2019: $62,322,2902019Assets 2020: $130,235,792Liabilities 2020: $68,026,187Net Assets 2020: $62,209,6052020Assets 2021: $130,403,627Liabilities 2021: $67,122,312Net Assets 2021: $63,281,3152021Assets 2022: $136,329,417Liabilities 2022: $72,372,460Net Assets 2022: $63,956,9572022Assets 2023: $137,763,285Liabilities 2023: $74,208,479Net Assets 2023: $63,554,8062023Assets 2024: $143,857,285Liabilities 2024: $79,246,149Net Assets 2024: $64,611,1362024

Highlighted filing

2024

Assets$143,857,285
Liabilities$79,246,149
Net Assets$64,611,136

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0Revenue 2011: $39,278,308Expenses 2011: $39,278,308Net Income 2011: $02011Revenue 2012: $44,047,934Expenses 2012: $44,047,934Net Income 2012: $02012Revenue 2013: $42,706,404Expenses 2013: $42,706,404Net Income 2013: $02013Revenue 2014: $39,006,760Expenses 2014: $39,006,760Net Income 2014: $02014Revenue 2015: $40,781,615Expenses 2015: $40,781,615Net Income 2015: $02015Revenue 2016: $42,239,823Expenses 2016: $42,239,823Net Income 2016: $02016Revenue 2017: $43,597,101Expenses 2017: $43,597,101Net Income 2017: $02017Revenue 2018: $43,802,277Expenses 2018: $43,799,742Net Income 2018: $2,5352018Revenue 2019: $44,916,656Expenses 2019: $44,916,656Net Income 2019: $02019Revenue 2020: $45,276,353Expenses 2020: $45,276,353Net Income 2020: $02020Revenue 2021: $47,254,335Expenses 2021: $47,254,335Net Income 2021: $02021Revenue 2022: $48,192,755Expenses 2022: $48,192,755Net Income 2022: $02022Revenue 2023: $44,472,555Expenses 2023: $44,472,555Net Income 2023: $02023Revenue 2024: $51,856,021Expenses 2024: $51,856,021Net Income 2024: $02024

Highlighted filing

2024

Revenue$51,856,021
Expenses$51,856,021
Net Income$0

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$144$79.2$64.6$51.9$51.9$0.00
2023Detailed filing. Detailed filing data is available for this year.$138$74.2$63.6$44.5$44.5$0.00
2022Detailed filing. Detailed filing data is available for this year.$136$72.4$64.0$48.2$48.2$0.00
2021Detailed filing. Detailed filing data is available for this year.$130$67.1$63.3$47.3$47.3$0.00
2020Detailed filing. Detailed filing data is available for this year.$130$68.0$62.2$45.3$45.3$0.00
2019Detailed filing. Detailed filing data is available for this year.$130$67.8$62.3$44.9$44.9$0.00
2018Detailed filing. Detailed filing data is available for this year.$120$58.2$61.6$43.8$43.8$0.00
2017Summary only. Only limited summary data is available for this year.$112$51.8$60.4$43.6$43.6$0.00
2016Summary only. Only limited summary data is available for this year.$109$48.9$59.7$42.2$42.2$0.00
2015Summary only. Only limited summary data is available for this year.$105$46.4$58.9$40.8$40.8$0.00
2014Summary only. Only limited summary data is available for this year.$101$43.0$58.4$39.0$39.0$0.00
2013Summary only. Only limited summary data is available for this year.$94.8$37.2$57.6$42.7$42.7$0.00
2012Summary only. Only limited summary data is available for this year.$92.3$36.4$55.9$44.0$44.0$0.00
2011Summary only. Only limited summary data is available for this year.$87.3$33.9$53.4$39.3$39.3$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 22, 2025
Return Version
2024v5.2
Gross Receipts
$51,856,021
Mission and Program Overview

Mission

Y-W Electric Association, Inc. is dedicated to providing high quality, reliable electric service and related products to our members at competitive prices. Our members deserve and shall receive quality service unexcelled in our industry. We are committed to maintain an environment where the Board of Directors and empolyees can perform at maximum potential to benefit our Y-W Community.

Y-W Electric Association, Inc. is dedicated to providing high quality, reliable electric service and related products to our members at competitive prices. Our members deserve and shall receive quality service unexcelled in our industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$94,886,486$97,615,834▲ $2,729,348
Rtn Earn Endowment Incm Other Fnds$63,554,806$64,611,136▲ $1,056,330
Investments Program Related$32,166,326$33,891,214▲ $1,724,888
Cash and Non-Interest-Bearing Accounts$3,795,779$4,777,998▲ $982,219
Inventories for Sale or Use$3,103,533$3,737,936▲ $634,403
Accounts Receivable$3,222,073$3,313,817▲ $91,744
Prepaid Expenses and Deferred Charges$417,382$356,156▼ $61,226
Total Assets$137,763,285$143,857,285▲ $6,094,000
Other Assets Total$171,706$164,330▼ $7,376
Liabilities
Mortgage Notes Payable Secured by Investment Property$65,444,269$69,508,348▲ $4,064,079
Deferred Revenue$5,360,846$6,039,698▲ $678,852
Accounts Payable and Accrued Expenses$3,403,364$3,698,103▲ $294,739
Total Liabilities$74,208,479$79,246,149▲ $5,037,670
Net Assets / Fund Balance
Total Net Assets Fund Balance$63,554,806$64,611,136▲ $1,056,330
Total Liabilities and Net Assets / Fund Balance$137,763,285$143,857,285▲ $6,094,000

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$87,610,182$42,329,870$129,940,052
Buildings$9,266,665$889,519$10,156,184
Land$738,987-$738,987
Investment Program Related Org$87,460--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Trent LoutensockGeneral ManagerFT$263,243$81,822$345,065
Joseph A HaseOperations ManagerFT$155,256$56,627$211,883
Brandee BullardOffice ManagerFT$137,974$52,350$190,324
James LuceroArea ForemanFT$133,654$47,956$181,610
Justin L SageArea ForemanFT$130,729$46,442$177,171
Stuart TravisDirectorPT$14,700-$14,700
Larry HillDirector-$10,500-$10,500
Brooke PriceDirector-$8,050-$8,050
Aaron GebauerDirector-$5,250-$5,250
Robert BledsoeDirector-$4,900-$4,900
Freeman MorrisDirector-$4,550-$4,550
Joneal YoungDirector-$4,550-$4,550
Larry WingerDirector-$4,550-$4,550
Roger SchenkDirector-$3,850-$3,850
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$51,334,233
Investment Income
$423,735
Other Revenue
$98,053
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$51,856,021
Total Revenue per Audited Statements
$51,856,021
Total Revenue per Form 990
$51,856,021
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$47,140,937
Salaries, Compensation, and Employee Benefits$1,166,953
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$3,593,938
Benefits to Members---$3,548,131
Interest---$2,155,487
Other Expenses$632,289--$632,289
Current Officers, Directors, Trustees, and Key Employees---$596,289
Other Salaries and Wages---$570,664
All Other Expenses---$10,171
Total Functional Expenses$0$0$0$51,856,021

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$51,856,021
Expenses per Audited Statements$48,307,890
Total Expenses per Audited Statements$48,307,890
Expenses Not Reported on Financial Statements$3,548,131
Other Expense Adjustments$3,548,131
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

Members are owners of the Electric Utility Cooperative and are allocated margins annually based on electricity usage.

Member election for additional members Part VI line 7A

Each member of the Association shall be entitled to vote in the election of the Board of Directors.

Governing body decisions Part VI line 7B

Bylaw changes must be approved by the membership.

Form 990 governing body review Part VI line 11

Review by Board of Directors during regular Board Meeting.

Conflict of interest policy compliance Part VI line 12C

Policies are on a rotation so that Management evaluates regularly.

CEO executive director top management comp Part VI line 15A

Y-Ws GM salary and any change in that salary is decided by the Board of Directors.

Other officer or key employee compensation Part VI line 15B

Staff salaries are decided by Y-Ws GM, but the Board of Directors approve the total dollar amount and let the GM decide the porportion given to each salaried employee.

Governing documents etc available to public Part VI line 19

Bylaws are given to all new members; bylaws are posted on the Cooperatives website, and all other documents are available at any time upon request.

Filing and Contact Details

Filer

Filer Name
Y W Electric Association Inc
EIN
84-0373770
In Care Of
% Trent Loutensock
Phone
9703452291
Address
PO Box Y, Akron, CO 80720

Signing Officer

Name
Trent Loutensock
Title
General Manager
Phone
9703452291
Signed
2025-10-22
Discuss with paid preparer
No

Organization Details

Principal Officer
Trent Loutensock
Formed
1945
Legal Domicile
Co
Voting Board Members
9
Independent Board Members
9
Employees
50

Preparer

Firm
Kelso Lynch PC PA
Address
6700 Squibb Rd Ste 215, Mission, KS 66202-3252
Preparer
George Lynch
Phone
9138311150
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Current Year Net Margins Assigned to Members $ 3,548,131Other Changes $ 401,552Retirement of Capital Credits $-2,893,353 Total $ 1,056,330

Part IX response or note to any line in Part IX

Form 990, Part IX, Line 4The instructions to the 2024 Form 990 indicate that organizations exempt under Section 501(c)(12) should report patronage dividends paid to their members in Part IX, Line 4 of the Form 990. The Cooperative has interpreted the words patronage dividends paid in the instructions to mean margins that are assigned or assignable to the members. The Cooperative assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assignable to the members for the calendar year ended December 31, 2024.

Financial Statement Notes

Part XII, Line 4B-Other expenses not included on Sch D but on 990

Margins Assigned to Members $3,548,131

Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740)

The Association has a letter of exemption from federal income tax, issued by the Internal RevenueService and files IRS Form 990 annually. An evaluation of whether or not it has any uncertain taxpositions is determined on an annual basis by the Association. While the Association believes it hasadequately provided for all tax positions, amounts asserted by taxing authorities could be differentthan the positions taken by the Association. The Association recognizes any interest and penaltiesassessed by taxing authorities in income tax expense and, with few exceptions, is no longer subjectto federal, state, and local income tax examinations for years prior to 2021.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Margins Assigned to Members $3,548,131
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Association has a letter of exemption from federal income tax, issued by the Internal RevenueService and files IRS Form 990 annually. An evaluation of whether or not it has any uncertain taxpositions is determined on an annual basis by the Association. While the Association believes it hasadequately provided for all tax positions, amounts asserted by taxing authorities could be differentthan the positions taken by the Association. The Association recognizes any interest and penaltiesassessed by taxing authorities in income tax expense and, with few exceptions, is no longer subjectto federal, state, and local income tax examinations for years prior to 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XII, Line 4b-Other expenses not included on Sch D but on 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740)
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Trent Loutensock
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Brandee Bullard
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Joseph A Hase
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3James Lucero
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4Justin L Sage
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0General Manager
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Office Manager
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Operations Manager
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3Area Foreman
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4Area Foreman
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Members are owners of the Electric Utility Cooperative and are allocated margins annually based on electricity usage.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each member of the Association shall be entitled to vote in the election of the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bylaw changes must be approved by the membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Review by Board of Directors during regular Board Meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Policies are on a rotation so that Management evaluates regularly.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Y-Ws GM salary and any change in that salary is decided by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Staff salaries are decided by Y-Ws GM, but the Board of Directors approve the total dollar amount and let the GM decide the porportion given to each salaried employee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Bylaws are given to all new members; bylaws are posted on the Cooperatives website, and all other documents are available at any time upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Current Year Net Margins Assigned to Members $ 3,548,131Other Changes $ 401,552Retirement of Capital Credits $-2,893,353 Total $ 1,056,330
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Form 990, Part IX, Line 4The instructions to the 2024 Form 990 indicate that organizations exempt under Section 501(c)(12) should report patronage dividends paid to their members in Part IX, Line 4 of the Form 990. The Cooperative has interpreted the words patronage dividends paid in the instructions to mean margins that are assigned or assignable to the members. The Cooperative assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assignable to the members for the calendar year ended December 31, 2024.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part IX response or note to any line in Part IX
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