Delta-Montrose Electric Association

The information for Delta-Montrose Electric Association is as of the organization's most recent filing in December '21. This organization is located in Montrose, CO. It has been in existence for 75 years, following its founding in 1946.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Delta-Montrose Electric Association's NTEE code is W80. The "W" tells us that the organization is classified along with Public & Societal Benefit organizations. The "80" tells us that the organization is involved in Public Utilities. The NTEE describes Public Utilities as organizations that provide gas, electricity, water, and sanitary services, including the hook-up of services and the installation, maintenance, and repair of necessary equipment. Many of these organizations are located in section 501(c)(12).

Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to be a 501(c)(12) organization. The IRS describes these organizations as Benevolent Life Insurance Associations, Mutual Ditch or Irrigation Companies, Mutual or Cooperative Telephone Companies, and Like Organizations.

Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Delta-Montrose Electric Association is to energize and serve their communities.

Program Areas

Program Area 1: Within the general fund, the organization reports all revenues, support, and functional expenses that are not specifically reported by another fund or program. This includes the sale of electric power to members at cost on a cooperative basis through the allocation of patronage capital. At the end of the year, there were 35,587 active services.

Program Area 2: The organization engages in the sale of electric power to members on a cooperative basis, allocating patronage capital. At the end of the year, there were 35,587 active services. This program area is not specifically reported by another fund or program, and thus falls under the general fund.

Organization Staffing

Delta-Montrose Electric Association is run by Kyle Martinez, who is the President. The organization has 118 employees, of whom 47 are paid more than $100k per year (according to the organization's most recent 990 tax filing). There are no volunteers supporting the paid staff.

Board Governance

Delta-Montrose Electric Association appears to be well-governed based on the information provided. The organization has a total of 9 voting members, all of whom are independent. This indicates that the decision-making process is not influenced by any potential conflicts of interest. Furthermore, the organization does not delegate management to an outside firm, suggesting that it maintains control over its operations. The fact that board meetings are documented demonstrates a commitment to transparency and accountability. This allows for a record of discussions and decisions made during these meetings, ensuring that all board members are informed and can reference past discussions when necessary. However, it is worth noting that committee meetings are not documented, which may limit the organization's ability to track progress and ensure consistency across different areas of focus. Delta-Montrose Electric Association has implemented several important policies to maintain ethical standards. The organization has a conflict of interest policy in place, requiring disclosure of any potential conflicts. This helps to prevent any personal interests from influencing decision-making processes. Additionally, the organization has a written whistleblower policy, which encourages employees and stakeholders to report any unethical behavior or wrongdoing without fear of retaliation. The organization also demonstrates a commitment to financial transparency. It has a document retention policy, ensuring that important records are properly maintained and accessible when needed. Furthermore, Delta-Montrose Electric Association substantiates and reviews leadership and officer salaries, indicating a responsible approach to compensation. Lastly, the organization provides copies of the 990 form to the board prior to filing, allowing for board members to review and ensure accuracy before submission. Overall, Delta-Montrose Electric Association appears to have strong governance practices in place. The organization prioritizes transparency, accountability, and ethical conduct, which are crucial for the effective operation of a non-profit organization.

Organization Growth

The Delta-Montrose Electric Association, a nonprofit organization, has experienced growth over the given time period. Program service revenue increased from $67.0M in 2014 to $72.0M in 2021. Investment income also saw growth, rising from $337.4K in 2014 to $738.2K in 2021. Other revenue significantly increased from $610.8K in 2014 to $9.1M in 2021. Total revenue showed a notable increase, going from $68.0M in 2014 to $81.8M in 2021. Grants paid increased from $500 in 2014 to $23.0K in 2021, and benefits paid to members rose from $972.5K in 2014 to $4.2M in 2021. Employee salaries also experienced growth, increasing from $6.8M in 2014 to $9.8M in 2021. Total expenses increased from $65.2M in 2014 to $74.5M in 2021. Additionally, the organization's total number of employees increased from 102 in 2014 to 118 in 2021. Overall, these figures indicate that the Delta-Montrose Electric Association has grown over the given time period.