Public Charity

ALLAMAKEE-CLAYTON ELECTRIC COOPERATIVE INC

ALLAMAKEE-CLAYTON ELECTRIC COOPERATIVE INC is a Public Charity headquartered in POSTVILLE, IA. Financial data from the 2024 filing: $24.8M revenue, $24.8M expenses, $83.3M total assets.

EIN: 420110380 POSTVILLE, IA Latest filing: 2024
Total Revenue$24.8M
Total Expenses$24.8M
Total Assets$83.3M
Grant Records0
Filing Years2019–2024

Mission

ALLAMAKEE-CLAYTON ELECTRIC COOPERATIVE IS DEDICATED TO ENHANCING THE QUALITY OF LIFE FOR OUR MEMBERS, PARTNERS AND NEIGHBORS BY PROVIDING SAFE, RELIABLE AND AFFORDABLE ELECTRIC SERVICES AND OTHER INNOVATIVE SOLUTIONS.

Officers & Directors

DIRECTOR/ PRESIDENT FROM 09/2024 Alan Steffens
DIRECTOR Brice Wood
SECRETARY-TREASURER Cynthia Heffern
CFO David Decker
DIRECTOR Greg Formanek
EXECUTIVE VP & GEN MANAGER Hollee Mccormick

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $24.8M $24.8M $83.3M
2023 $24.3M $24.2M $73.0M
2022 $23.5M $23.3M $67.5M
2020 $21.4M $21.4M $58.9M
2019 $21.4M $21.3M $56.7M

Between 2019 and 2024, reported annual revenue grew from $21.4M to $24.8M (+16%), with total assets most recently reported at $83.3M.

Interactive year-over-year charts and full filing details available with membership.

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