Mission
Garkane Energy is a member-owned rural electric cooperative and provides electricity to cooperative member/consumers.
Public Charity
Garkane Energy Cooperative Inc
Garkane Energy Cooperative Inc, of Loa, UT, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $33.9M in revenue, $31.9M in expenses, $113.9M in total assets.
EIN: 870133588
Loa, UT
Latest filing: 2024
Total Revenue$33.9M
Total Expenses$31.9M
Total Assets$113.9M
Grant Records0
Filing Years2019–2024
Officers & Directors
Director
Andrew D Gant
COO/Engineering Manager
Bryant Shakespear
Director
Chad E Williams
CEO/General Manager
Daniel Mcclendon
Subst. Engineer
Daniel Thompson
Treasurer
George A Thompson
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $33.9M | $31.9M | $113.9M |
| 2023 | $31.5M | $29.2M | $104.7M |
| 2022 | $30.7M | $28.9M | $100.5M |
| 2020 | $26.5M | $24.6M | $97.7M |
| 2019 | $26.1M | $24.6M | $93.8M |
Between 2019 and 2024, reported annual revenue grew from $26.1M to $33.9M (+30%), with total assets most recently reported at $113.9M.
Interactive year-over-year charts and full filing details available with membership.