SANGRE DE CRISTO ELECTRIC ASSOCIATION INCORPORATED: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SANGRE DE CRISTO ELECTRIC ASSOCIATION INCORPORATED (EIN 84-0313075)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202523219349315717
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T13:03:32-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 743040374 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kelso Lynch PC PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6700 Squibb Rd Ste 215 | AddressLine1Txt |
| City | Mission | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 662023252 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 840313075 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sangre de Cristo Electric Association Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Jonathon Beyer | InCareOfNm |
| Business Name Control | SANG | BusinessNameControlTxt |
| Phone | 7193952412 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29780 US Highway 24 | AddressLine1Txt |
| City | Buena Vista | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 812112013 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JONATHON BEYER | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 7193952412 | PhoneNum |
| Signature | 2025-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GEORGE LYNCH | PreparerPersonNm |
| PTIN | P00187596 | PTIN |
| Phone | 9138311150 | PhoneNum |
| Preparation | 2025-11-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Gary Kelly | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29780 US Highway 24 | AddressLine1Txt |
| City | Buena Vista | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 812112013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $26,130,698 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.myelectric.coop | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1940 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | To provide reliable electric power and related services to our members at the most affordable cost. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 55 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $23,393,549 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $25,867,150 | CYProgramServiceRevenueAmt |
| PY Investment Income | $391,655 | PYInvestmentIncomeAmt |
| CY Investment Income | $191,353 | CYInvestmentIncomeAmt |
| PY Other Revenue | $69,409 | PYOtherRevenueAmt |
| CY Other Revenue | $72,195 | CYOtherRevenueAmt |
| PY Total Revenue | $23,854,613 | PYTotalRevenueAmt |
| CY Total Revenue | $26,130,698 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $1,142,767 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $2,607,679 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,248,410 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,170,678 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $20,463,436 | PYOtherExpensesAmt |
| CY Other Expenses | $21,352,341 | CYOtherExpensesAmt |
| PY Total Expenses | $23,854,613 | PYTotalExpensesAmt |
| CY Total Expenses | $26,130,698 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $73,032,975 | TotalAssetsBOYAmt |
| Total Assets EOY | $80,958,355 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $47,618,080 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $53,435,005 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $25,414,895 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $27,523,350 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To provide reliable electric power and related services to our members at the most affordable cost. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | Sangre de Cristo Electric Association is an electric distribution cooperative that provided electricity to approximately 14,500 services of its members located in Colorado. | Desc |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 52 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 55 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Members And Shr Gross Income | $27,841,136 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $1,547,177 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Sarah Crites | PersonNm |
| Phone | 7193952412 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29780 US Highway 24 | AddressLine1Txt |
| City | Buena Vista | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 812112013 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|
| Gary Kelly | |||||||||
| CEO | 42.00 | 0.00 | Yes (X) | $289,156 | $0 | $127,622 | |||
| Sarah Crites | |||||||||
| CFO | 43.00 | 0.00 | Yes (X) | $183,239 | $0 | $92,968 | |||
| Ryan Doke | |||||||||
| Manager of Operations | 53.00 | 0.00 | $144,866 | $0 | $61,978 | Yes (X) | |||
| Preston Ellis | |||||||||
| Line Superintendent | 45.00 | 0.00 | $149,099 | $0 | $57,523 | Yes (X) | |||
| Len Gates | |||||||||
| Manager of Engineering | 41.00 | 0.00 | $135,924 | $0 | $69,848 | Yes (X) | |||
| Matthew Shepherd | |||||||||
| Working Foreman | 45.00 | 0.00 | $147,010 | $0 | $50,824 | Yes (X) | |||
| Lucas Montgomery | |||||||||
| Working Foreman | 47.00 | 0.00 | $157,942 | $0 | $39,347 | Yes (X) | |||
| Josh Saar | |||||||||
| Lead Lineman | 46.00 | 0.00 | $151,622 | $0 | $42,949 | Yes (X) | |||
| Caden Creamer | |||||||||
| Lead Lineman | 47.00 | 0.00 | $152,314 | $0 | $37,547 | Yes (X) | |||
| Sandra Attebery | |||||||||
| Chair | 16.00 | 0.00 | $21,250 | $0 | $0 | Yes (X) | |||
| Mark W Boyle | |||||||||
| Director | 9.00 | 0.00 | $12,200 | $0 | $0 | Yes (X) | |||
| Charles A Abel | |||||||||
| Vice Chair | 4.00 | 0.00 | $11,450 | $0 | $0 | Yes (X) | |||
| Jeffrey Fiedler | |||||||||
| Treasurer | 5.00 | 0.00 | $10,200 | $0 | $0 | Yes (X) | |||
| Blake Bennetts | |||||||||
| Secretary | 3.00 | 0.00 | $8,800 | $0 | $0 | Yes (X) | |||
| Sandra Long | |||||||||
| Director | 6.00 | 0.00 | $5,950 | $0 | $0 | Yes (X) | |||
| Nicholas Hellbusch | |||||||||
| Director | 3.00 | 0.00 | $5,850 | $0 | $0 | Yes (X) | |||
| Rob Canterbury | |||||||||
| Director | 5.00 | 0.00 | $3,200 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,590,072 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $580,606 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 21 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Integrity Tree Service | |||||
| 2300 Sanford Ave SW | Grandville | MI | 49418 | Tree Trimming | $2,113,748 |
| Lowry Contracting | |||||
| 7693 Highway 285 | Salida | CO | 81201 | Trenching | $325,768 |
| Bassett Construction | |||||
| 120 S Dayton ave | Pueblo | CO | 81003 | HVAC - Building | $1,973,007 |
| Altitude Energy LLC | |||||
| P O Box 359 | Keenesburg | CO | 80643 | Work Plan Contract | $834,969 |
| NISC | |||||
| PO Box 1147 | Mandan | ND | 58554 | Software | $272,750 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Sale of Electricity | 221000 | $24,592,605 | $24,592,605 |
| Capital Credits | 221000 | $1,110,769 | $1,110,769 |
| Miscelleous Electric | 221000 | $163,776 | $163,776 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $25,867,150 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $191,353 | TotalRevenueColumnAmt |
| Exclusion | $191,353 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $29,480 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $29,480 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $29,480 | TotalRevenueColumnAmt |
| Exclusion | $29,480 | ExclusionAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Non-Operating | Desc |
| Business | 221000 | BusinessCd |
| Total Revenue Column | $42,715 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $42,715 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $42,715 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,130,698 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $25,909,865 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $220,833 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,607,679 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,184,501 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $986,177 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,459,400 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,527,666 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| Cost of Power | $11,002,991 | $11,002,991 |
| Distribution Expense | $3,092,920 | $3,092,920 |
| Admin & General | $1,891,311 | $1,891,311 |
| Member Services | $1,292,951 | $1,292,951 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,102 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,130,698 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $892,817 | BOYAmt |
| EOY | $2,473,702 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $340,000 | BOYAmt |
| EOY | $250,000 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $479,822 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,678,106 | BOYAmt |
| EOY | $2,731,060 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,703,149 | BOYAmt |
| EOY | $3,066,644 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,559,697 | BOYAmt |
| EOY | $1,472,972 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $87,575,942 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $29,913,147 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,904,177 | BOYAmt |
| EOY | $57,662,795 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,955,029 | BOYAmt |
| EOY | $12,821,360 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,032,975 | BOYAmt |
| EOY | $80,958,355 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,970,846 | BOYAmt |
| EOY | $4,410,258 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,036,332 | BOYAmt |
| EOY | $46,833,586 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,610,902 | BOYAmt |
| EOY | $2,191,161 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,618,080 | BOYAmt |
| EOY | $53,435,005 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $432,919 | BOYAmt |
| EOY | $472,461 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,981,976 | BOYAmt |
| EOY | $27,050,889 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,414,895 | BOYAmt |
| EOY | $27,523,350 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,032,975 | BOYAmt |
| EOY | $80,958,355 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $2,108,455 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $269,184 | OtherCostOrOtherBasisAmt |
| Book Value | $269,184 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,616,235 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,580,862 | DepreciationAmt |
| Book Value | $3,035,373 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $82,690,523 | OtherCostOrOtherBasisAmt |
| Depreciation | $28,332,285 | DepreciationAmt |
| Book Value | $54,358,238 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $57,662,795 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Investments in Associated Organizat | $11,755,233 | C |
| Non-Utility Property | $381,734 | C |
| Subordinated Certificates | $377,101 | C |
| Other Investments | $307,292 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $12,821,360 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deferred Credits | Desc |
| Amt | $2,191,161 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,191,161 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $26,130,698 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $26,130,698 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $26,130,698 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $23,523,019 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $23,523,019 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $2,607,679 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,607,679 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $26,130,698 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part XII, Line 4b-Other expenses not included on Sch D but on 990 | Margins Assigned to Members $2,607,679 |
| Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740) | An evaluation of whether or not it has any uncertain tax positions isdetermined on an annual basis by the Cooperative. While the Cooperativebelieves it has adequately provided for all tax positions, amounts assertedby taxing authorities could be different than the positions taken by theCooperative. The Cooperative recognizes any interest and penalties inincome tax expense and, with few exceptions, is no longer subject tofederal, state, or local income tax examinations by tax authorities foryears before 2021. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| Ryan Doke | ||||
| Manager of Operations | $144,866 | $35,536 | $26,442 | $206,844 |
| Lucas Montgomery | ||||
| Working Foreman | $157,942 | $13,108 | $26,239 | $197,289 |
| Gary Kelly | ||||
| CEO | $289,156 | $99,170 | $28,452 | $416,778 |
| Len Gates | ||||
| Manager of Engineering | $135,924 | $43,605 | $26,243 | $205,772 |
| Caden Creamer | ||||
| Lead Lineman | $152,314 | $11,416 | $26,131 | $189,861 |
| Sarah Crites | ||||
| CFO | $183,239 | $65,738 | $27,230 | $276,207 |
| Matthew Shepherd | ||||
| Working Foreman | $147,010 | $24,585 | $26,239 | $197,834 |
| Preston Ellis | ||||
| Line Superintendent | $149,099 | $31,083 | $26,440 | $206,622 |
| Josh Saar | ||||
| Lead Lineman | $151,622 | $16,710 | $26,239 | $194,571 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Members or stockholder classes and rights Part VI line 6 | Sangre de Cristo is a member owned electric cooperative. |
| Member election for additional members Part VI line 7a | Members are allowed to cast a vote in the election of board members. |
| Form 990 governing body review Part VI line 11 | The CEO and Manager of Finance review and approve the 990 before submittal. The 990 is available to the Board after it has been submitted. |
| Conflict of interest policy compliance Part VI line 12c | Policy A-18 requires directors and the CEO to disclose in writing, any Conflict, Potential Conflict or Appearance of Conflict as soon as the director or CEO identifies that there may be any one of those. Further, each director and the CEO are required to annually disclose all Conflicts of Interest in writing on SDCEAs Conflict of Interest Certification and Disclosure Form. The annual disclosure is completed in July. Policy E-24 requires the same of employees other than the CEO and the annual disclosure will be completed at date of hire and in July. |
| CEO executive director top management comp Part VI line 15a | The board uses the Employers Counsel pay data survey, the Colorado Rural Electric Association Pay Data Survey, the NRECA market survey, and performance evaluations to determine key employee compensation. |
| Other officer or key employee compensation Part VI line 15b | The board uses the Employers Counsel pay data survey, the Colorado Rural Electric Association Pay Data Survey, the NRECA market survey, and performance evaluations to determine key employee compensation. |
| Governing documents etc available to public Part VI line 19 | Bylaws are offered to all new members; all other documents are available at any time upon request. |
| Explanation of other changes in net assets or fund balances Part XI line 9 | Margins Assigned to Members $ 2,607,679Other Changes $ 26,374Retirement of Capital Credits $ -525,598Total $ 2,108,455 |
| Part IX response or note to any line in Part IX | Form 990, Part IX, Line 4The instructions to the 2024 Form 990 indicate that organizations exempt under Section 501(c)(12) should report patronage dividends paid to their members in Part IX, Line 4 of the Form 990. The Cooperative has interpreted the words patronage dividends paid in the instructions to mean margins that are assigned or assignable to the members. The Cooperative assigns the net operating margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net operating margins assignable to the members for the calendar year ended December 31, 2024. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sangre De Cristo Elect Op Round Up | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29780 US Hwy 24 N | AddressLine1Txt |
| City | Buena Vista | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81211 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201498404 | EIN |
| Primary Activities | Community Assistance | PrimaryActivitiesTxt |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Exempt Code Section | 501c3 | ExemptCodeSectionTxt |
| Public Charity Status | 7 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sangre de Cristo Electric Association I | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |