#444 of 500 · Member & Benefit Funds

Core Electric Cooperative

EIN 84-0235244 · CO · NTEE n/a · Form 990, fiscal 2023

A member-owned, not-for-profit electric distribution cooperative founded in 1938 and headquartered in Sedalia, Colorado. It is the largest electric distribution cooperative in Colorado, serving more than 300,000 consumers across a roughly 5,000-square-mile area of central Colorado, including fast-growing Denver suburbs such as Castle Rock, Parker, and Centennial. It rebranded from IREA to CORE in 2021.

Financials, fiscal 2023

Revenue

$353.8M

Expenses

$353.8M

Total assets

$1.35B

Net assets

$397.3M

Operating margin

0.0%

1-year growth

2.5%

5-year growth (CAGR)

3.9%

Reserve (years of spending)

13.5

Contributions share

n/a

Programme spending

99.0%

Fundraising cost

n/a

Executive pay share

1.60%

Employees

334

Revenue per employee

$1.1M

Grants paid

$559K

Years filing

84

NFP Health Score: 75 / 100

Financial 54 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history