Garkane Energy Cooperative Inc
Revenue
$33.9m
year to 31 December 2024
Expenses
$31.9m
year to 31 December 2024
Total assets
$113.9m
$57.4m liabilities
Net assets
$56.5m
assets less liabilities
Directors and trustees
11
7.7y av
Staff
83
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Officers and senior staff
10
named in Part VII
Garkane Energy Cooperative Inc's network
11 people1 organisationi11 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (11). Violet dotted lines (1) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
11 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 11 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Andrew D Gant | Director | 2018 | 8 yrs |
| Chad E Williams | Director | 2018 | 8 yrs |
| George A Thompson | Treasurer | 2020 | 6 yrs |
| Guy Timpson | Director | 2018 | 8 yrs |
| Raymond A Clark | Treasurer | 2020 | 6 yrs |
| Reed L Munson | Director | 2018 | 8 yrs |
| Rodney R Ence | Director | 2018 | 8 yrs |
| Ronald W Cazier | President | 2022 | 4 yrs |
| Terry J Griffiths | Director | 2018 | 8 yrs |
| Tracy Potter | Vice President | 2018 | 8 yrs |
| William G Hammon | Director | 2018 | 8 yrs |
Officers and senior leadership
10 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Bryant Shakespear | COO/Engineering Manager | since 2019 |
| Bryant Shkespear | Engineering Mngr | 2018 |
| Casey J Glover | Line Super. | 2018 |
| Daniel McClendon | CEO/General Manager | since 2018 |
| Gerry J Hoyt | Safety Manager | 2024 |
| Ira M Avant | COO/Engineering Mngr | 2018 |
| Jeffery R Vaughn | Kane Area Mngr | 2018 |
| Marcus V Lewis | CFO | since 2018 |
| Phillip K Burr | Wayne Area Mngr | 2018 |
| Robert C Wolfley | Garfield Area Mngr | 2018 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Daniel McClendon | CEO/General Manager | 40 | $288k | ||
| Bryant Shakespear | COO/Engineering Manager | 40 | $261k | ||
| Marcus V Lewis | CFO | 40 | $181k | ||
| Daniel Thompson | Subst. Engineer | 40 | $171k | ||
| Justin M Miller | Line Super. | 40 | $160k | ||
| Jeffery J Vaughn | Kane Area Mngr | 40 | $155k | ||
| Gerry J Hoyt | Safety Manager | 40 | $152k | ||
| Robert C Wolfley | Garfield Area Mngr | 40 | $148k | ||
| Guy Timpson | Director | 7 | $36k | ||
| Ronald W Cazier | President | 6 | $30k | ||
| George A Thompson | Treasurer | 4 | $24k | ||
| Terry J Griffiths | Director | 3 | $24k | ||
| Raymond A Clark | Treasurer | 2 | $24k | ||
| Chad E Williams | Director | 4 | $22k | ||
| Rodney R Ence | Director | 2 | $21k | ||
| Reed L Munson | Director | 2 | $20k | ||
| Andrew D Gant | Director | 4 | $20k | ||
| William G Hammon | Director | 3 | $19k | ||
| Tracy Potter | Vice President | 3 | $18k |
About
- Legal name
- Garkane Energy Cooperative Inc
- EIN
- 870133588
- Address
- 120 W 300 S, Loa, UT, 84747-7725
- State
- Utah
- Mission
- Garkane Energy is a member-owned rural electric cooperative and provides electricity to cooperative member/consumers. (as filed on the Form 990)
- IRS classification
- 501(c)12 (tax-exempt under section 501(c)(3) where shown)
- Size band
- 9 (IRS master file code)
- Formed
- 1938
- Principal officer
- Guy Timpson (as named on the Form 990)
- IRS ruling date
- 1 December 1942
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
Most connected
Longest observed on the filings
≥8years on the filingsAndrew D Gant
≥8years on the filingsChad E Williams
≥8years on the filingsGuy Timpson
≥8years on the filingsReed L Munson
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $113.9m
- Total liabilities
- $57.4m
- Net assets or fund balances
- $56.5m
- Contributions and grants received
- $0
- Program service revenue
- $32.5m
- Employees
- 83
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $33.9m | $31.9m | $1.9m |
As filed on the IRS Form 990. US dollars.