NFP500

#133 of 500 · Member & Benefit Funds

East Kentucky Power Cooperative Inc

EIN 61-0461919 · KY · NTEE n/a · Form 990, fiscal 2023

A not-for-profit generation and transmission electric cooperative headquartered in Winchester, Kentucky. Owned and governed by 16 member-owned distribution cooperatives, it generates and transmits electricity to those co-ops, which serve more than one million Kentuckians across dozens of counties. EKPC operates power plants and transmission infrastructure and provides related energy services to its member systems.

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Financials, fiscal 2023

Revenue
$1.13B
Expenses
$1.11B
Total assets
$3.88B
Net assets
$784.0M
Operating margin
1.6%
1-year growth
-11.1%
5-year growth (CAGR)
6.2%
Reserve (years of spending)
8.5
Contributions share
n/a
Programme spending
98.5%
Fundraising cost
n/a
Executive pay share
0.54%
Employees
845
Revenue per employee
$1.3M
Grants paid
$151K
Years filing
65

NFP Health Score: 74 / 100

Financial 52 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

EKPC exists to serve its member-owned cooperatives by safely delivering reliable, cost-competitive and sustainable energy and related services.

Revenue history

YearRevenue
2019$887.5M
2020$801.6M
2021$954.1M
2022$1.27B
2023$1.13B