Anza Electric Cooperative Inc
- Assets
- $42.4m
- Revenue
- $15.8m
- Investments
- $0.0
- Employees
- 33
- Location
- Anza, CA
- Founding
- 04/1961
- Data as of
- 12/2021
- EIN
- 95-1758102
Organization Overview
Anza Electric Cooperative Inc is located in Anza, CA. The organization was established in 1961. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Anza Electric Cooperative Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anza Electric Cooperative Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 12/2021, Anza Electric Cooperative Inc generated $15.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $15.5m during the year ending 12/2021. While expenses have increased by 6.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELECTRIC DIVISION:PROVIDING ELECTRIC ENERGY TO OUR MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 4,955 ACTIVE SERVICES AT YEAR END. THIS HAS BEEN THE PRIMARY PURPOSE OF THE COOPERATIVE SINCE 1955.
CONNECTANZA DIVISION:A SEPARATE DIVISION OF THE COOPERATIVE WAS CREATED TO PROVIDE BROADBAND INTERNET SERVICES TO ITS MEMBERS THROUGH THE CONSTRUCTION OF A FIBER OPTIC NETWORK. 2,584 FIBER OPTIC BROADBAND SERVICES OF THE CONNECTANZA DIVISION AT YEAR END WERE PROVIDED TO MEMBERS ON A PATRONAGE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL TO THE EXTENT NET MARGINS WILL EXCEED CUMMULATIVE LOSSES FOR SUCH DIVISION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin M Short General Manager | Officer | 100 | $337,582 |
Sandy King Engineering Supervisor | 45 | $122,907 | |
Brian Baharie Operations Manager | 45 | $121,718 | |
Laura Snider-Manseau Office Services Manager | 55 | $116,111 | |
Jennifer Williams Hr Director/government Rel | 45 | $112,949 | |
Shawn Trento Telecommunications Manager | 45 | $112,886 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Richie Tools And Services Fiber(broadband) Contractor | 12/30/21 | $993,805 |
Chris Cherrington Cherry Tree Service Tree Trimming Service | 12/30/21 | $116,775 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $15,697,680 |
| Investment income | $27,450 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,782,046 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,300 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $1,181,259 |
| Compensation of current officers, directors, key employees. | $648,142 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,642,416 |
| Pension plan accruals and contributions | $554,815 |
| Other employee benefits | $586,832 |
| Payroll taxes | $154,840 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $571,699 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,438,278 |
| Insurance | $0 |
| All other expenses | $269,544 |
| Total functional expenses | $15,533,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,295,502 |
| Savings and temporary cash investments | $593,793 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,456,495 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,734,166 |
| Prepaid expenses and deferred charges | $76,968 |
| Net Land, buildings, and equipment | $25,509,607 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $4,658,451 |
| Intangible assets | $0 |
| Other assets | $102,547 |
| Total assets | $42,427,529 |
| Accounts payable and accrued expenses | $1,057,992 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $30,150 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $15,590,943 |
| Unsecured mortgages and notes payable | $620,900 |
| Other liabilities | $10,094,561 |
| Total liabilities | $27,394,546 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,390 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $15,031,593 |
| Total liabilities and net assets/fund balances | $42,427,529 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Anza Electric Cooperative Inc has recieved totaling $336,019.
| Awarding Organization | Amount |
|---|---|
Food In Need Of Distribution Inc Indio, CA PURPOSE: AGENCY DISTRIBUTION OF FOOD TO INDIVIDUALS PER AGENCY REGULATIONS. | $336,019 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wells Rural Electric Co Wells, NV | $65,645,854 | $46,093,733 |
Consumers Power Inc Philomath, OR | $143,908,796 | $44,110,626 |
Coos-Curry Electric Cooperative Inc Port Orford, OR | $114,567,418 | $40,713,862 |
Mt Wheeler Power Inc Ely, NV | $62,442,226 | $39,954,685 |
Midstate Electric Cooperative Inc La Pine, OR | $76,704,845 | $36,643,813 |
Salem Electric Salem, OR | $70,962,090 | $31,105,436 |
Plumas-Sierra Rural Electric Cooperative Inc Portola, CA | $104,014,958 | $28,694,760 |
Lane Electric Cooperative Inc Eugene, OR | $79,862,417 | $28,132,650 |
Calif Domestic Water Co Whittier, CA | $75,395,636 | $19,759,648 |
Douglas Electric Cooperative Inc Roseburg, OR | $72,257,465 | $22,631,556 |
Harney Electric Cooperative Inc Hines, OR | $32,154,008 | $16,091,631 |
Anza Electric Cooperative Inc Anza, CA | $42,427,529 | $15,782,046 |