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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Garkane Energy Cooperative Inc

Garkane Energy Cooperative Inc

Fiscal year ending 2016. Filed on November 6, 2017.

PO Box 465
Loa, Utah 84747

Garkane Energy Cooperative Inc (EIN: 87-0133588) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Garkane Energy Cooperative Inc, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 66 total employees. Among the employees shown here, the average compensation is $107,912. The highest compensated employee at Garkane Energy Cooperative Inc is Daniel R McClendon with fiscal year 2016 compensation of $155,909.

Revenue, expenses, and employee compensation

Revenue

$26,676,745

Expenses

$21,985,404

Employee compensation

$4,701,359
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Daniel R McClendon
Chief Executive Officer
$155,909
$155,909 No related compNo other comp
Carl R Albrecht
Former Chief Executive Officer
$135,484
$135,484 No related compNo other comp
Ira M Avant
Engineering Manager
$121,672
$121,672 No related compNo other comp
Robert C Wolfley
Garfield Area Manager/Propane COO
$119,315
$119,315 No related compNo other comp
Marcus V Lewis
Chief Financial Officer
$113,160
$113,160 No related compNo other comp
Michael Blackburn
Former Director
$1,931
$1,931 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

M Ladon Torgersen
Director
$26,446
$26,446 No related compNo other comp
Andrew D Gant
Director
$23,045
$23,045 No related compNo other comp
Carl B Boyd Jr
Director
$22,110
$22,110 No related compNo other comp
Terry J Griffiths
Director
$21,077
$21,077 No related compNo other comp
Chad E Williams
Director
$20,738
$20,738 No related compNo other comp
Preston Y Barlow
Director
$20,436
$20,436 No related compNo other comp
Tracy Potter
Director
$19,916
$19,916 No related compNo other comp
Reed L Munson
Director
$18,749
$18,749 No related compNo other comp
Nanell G Robinson
Director
$18,645
$18,645 No related compNo other comp
Rodney R Ence
Director
$17,555
$17,555 No related compNo other comp
William G Hammon
Director
$12,966
$12,966 No related compNo other comp
Boudicca Joseph
Director
$12,767
$12,767 No related compNo other comp

Contractors

Colman Hydro Power Inc
Operations Contract
$159,000

Mission Statement

Garkane Energy is a member-owned rural electric cooperative and provides electricity to cooperative member/consumers.

Revisions to this organization profile

October 31, 2025:
2024 Garkane Energy Cooperative Inc 990 filed
November 11, 2024:
2023 Garkane Energy Cooperative Inc 990 filed
November 8, 2023:
2022 Garkane Energy Cooperative Inc 990 filed

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