Overview

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Est.

1937

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Morgan County Rural Electric Association is a cooperative dedicated to providing distribution and sales of electric energy to rural areas in six counties in Colorado. With an operating budget of $47.5 million and total revenue of $57.4 million for the fiscal year 2024, the organization plays a vital role in ensuring access to public utilities for its community. More information can be found on their website at www.mcrea.org.

Mission Statement

Morgan County Rural Electric Association is a cooperative that provides distribution and sales of electric energy on a retail basis to the rural areas of six counties in Colorado.
Revenues
$57.4M
Expenses
$57.4M
Net Income:
+$0
Assets
$110.4M
Liabilities
$54.1M
Net Assets:
+$56.3M
Operating Budget
$47.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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D
David E Arndt
Board Member
T
Timothy a Peggram
Board Member
T
Terry Tormohlen
Board Member

Frequently Asked Questions

What is MORGAN COUNTY RURAL ELECTRIC ASSOCIATION’s budget?
In 2024, MORGAN COUNTY RURAL ELECTRIC ASSOCIATION reported an annual operating budget of around $47.5 million. More detailed financial information is available to registered users.
What causes does MORGAN COUNTY RURAL ELECTRIC ASSOCIATION support?
MORGAN COUNTY RURAL ELECTRIC ASSOCIATION supports work in Public utilities.
Where does MORGAN COUNTY RURAL ELECTRIC ASSOCIATION operate?
MORGAN COUNTY RURAL ELECTRIC ASSOCIATION is headquartered in Fort Morgan, CO.