#254 of 500 · Member & Benefit Funds

Umatilla Electric Cooperative Association

EIN 93-0300375 · OR · NTEE n/a · Form 990, fiscal 2023

A member-owned, not-for-profit electric distribution cooperative headquartered in Hermiston, Oregon. Incorporated in 1937 to bring electricity to rural areas, it serves members across the Columbia Basin and Blue Mountain region of northeastern Oregon, including parts of Morrow and Umatilla counties around Hermiston, Boardman, and Pendleton. UEC purchases and distributes electric power, supports economic development, and invests in local community and recreation projects under the cooperative principle of concern for community.

Financials, fiscal 2023

Revenue

$603.1M

Expenses

$601.4M

Total assets

$451.4M

Net assets

$160.4M

Operating margin

0.3%

1-year growth

47.3%

5-year growth (CAGR)

40.5%

Reserve (years of spending)

3.2

Contributions share

n/a

Programme spending

99.7%

Fundraising cost

n/a

Executive pay share

0.42%

Employees

138

Revenue per employee

$4.4M

Grants paid

$150K

Years filing

86

NFP Health Score: 63 / 100

Financial 44 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

Umatilla Electric Cooperative is a member-owned business that sells energy, invests in and supports other services to improve quality of life in our communities.

Revenue history