Public Charity

Holy Cross Electric Association Inc

Holy Cross Electric Association Inc is a nonprofit organization categorized as Public Charity based in Glenwood Springs, CO. Its most recent IRS filing (2024) reports revenue of $159.4M, expenses of $158.1M, total assets of $391.5M. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $180K.

EIN: 840229176 Glenwood Springs, CO Latest filing: 2024
Total Revenue$159.4M
Total Expenses$158.1M
Total Assets$391.5M
Grant Records5
Funding Total$180K
Filing Years2020–2024

Mission

Holy Cross Energy provides safe, reliable, affordable, and sustainable energy and services that improve the quality of life for our members and their communities.

Where $100 goes at Holy Cross Electric Association Inc

How Holy Cross Electric Association Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Holy cross energy is a cooperative corporation with 170+ employees serving 60,000+ active meters
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Adam Quinton
Director Alex Degolia
President and CEO Bryan Hannegan
VP Engineering David Bleakley
VP Operations David C Oneil
Director David Munk

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$67,409 2 grants
Unspecified
$112,376 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $159.4M $158.1M $391.5M
2023 $158.8M $156.6M $375.3M
2022 $150.6M $148.9M $360.0M
2021 $144.0M $143.0M $346.8M
2020 $135.5M $134.0M $327.6M

Between 2020 and 2024, reported annual revenue grew from $135.5M to $159.4M (+18%), with total assets most recently reported at $391.5M.

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

See the full picture for Holy Cross Electric Association Inc

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