YMutual & Membership BenefitEIN: 930324524· Ruling Year: 1945

West Oregon Electric Cooperative Inc

Vernonia, Oregon

BHealth Score
59B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 22 peers in Mutual & Membership Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.75×
Peer Median10.70×
💰
$15.1M
Total Revenue
📊
$15.1M
Total Expenses
🏦
$26.4M
Net Assets
📋
$25.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.4%
Year-over-year change (2022 → 2023)
Net Margin
0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.75
Net assets divided by total expenses
Liabilities-to-Assets
49.1%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$15,106,4885%$15,106,4885%$51,828,1937%
2022$14,336,18215%$14,336,18215%$48,491,88931%
2020$12,428,5445%$12,428,5445%$37,052,5392%
2019$11,878,5032%$11,878,5032%$36,190,3942%
2018$11,658,3942%$11,658,3942%$35,312,6144%
2017$11,843,0396%$11,843,0396%$34,094,4194%
2016$11,186,6007%$11,186,6007%$32,824,5743%
2015$10,428,893$10,428,893$31,792,0271%
2014$10,391,2197%$10,391,2197%$32,022,701
2013$9,704,0976%$9,704,0974%$31,901,4423%
2012$9,141,8523%$9,319,6825%$31,102,1777%
2011$8,881,317$8,881,317$29,185,692

Frequently Asked Questions

What does West Oregon Electric Cooperative Inc do?

West Oregon Electric Cooperative Inc is a mutual & membership benefit nonprofit organization based in Oregon. It is classified under NTEE code Y22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is West Oregon Electric Cooperative Inc financially healthy?

Based on our 9-metric Financial Health Score model, West Oregon Electric Cooperative Inc has a score of 59/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does West Oregon Electric Cooperative Inc generate?

West Oregon Electric Cooperative Inc reports $15.9M in annual revenue and holds $53.8M in total assets, based on IRS filings.

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