Canadian Valley Electric Cooperative, Inc.
- Gary HighleyCeo · Form 990
- Joe SemtnerBoard Trustee - President · Form 990
- Yates AdcockBoard Trustee - Vice President · Form 990
- Jamie ScottChief Financial Officer · Company website, Form 990
- Vincent BrackettChief Operations Officer · Company website
How we got $81.9M
Based on IRS Form 990 (2024).
What we know
What they do
Canadian Valley Electric Cooperative is an electric cooperative in Seminole, Oklahoma that provides electric service and fiber to its members, with offices in Seminole and Eufaula.
From the company's website. Industry: Electric Power Distribution.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CANADIAN VALLEY ELECTRIC COOPERATIVE, INC. this business | $81.9M | — |
| LANDMARK ENERGY, LLC Seminole · 15 employees | $29.2M | 10.6 mi |
| FIVE STAR ELECTRIC, LLC Choctaw · 6 employees | $9.8M | 33.6 mi |
| KENNY AND KRISTI HAYES LLP Ada · 2 employees | $1.2M | 39.4 mi |
| PEOPLES ELECTRIC COOPERATIVE Ada · 130 employees | $227.1M | 40.7 mi |
| EPIK ENERGY AND RENEWABLES, LLC Midwest City | $23.1M | 41.0 mi |
| JACKFORK RESOURCES INC Ada · 1 employees | $872K | 42.2 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
These are the business's own reported figures, from its IRS Form 990 filing, not an estimate. EBITDA applies the industry margin to reported revenue.
| Revenue range | $77.8M – $86.0M |
| EBITDA range | $6.7M – $7.4M |
| Industry (NAICS) | Electric Power Distribution (221122) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“Canadian Valley was incorporated on November 10, 1939, under the laws of the State of Oklahoma and the provisions of the United States Rural Electrification Act.”
Advisors
- AccountingForvis Mazars LLPPrepared its Form 990
- BankingCoBank ACBPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| CoBank ACB PPP 2020 | All 7 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/28/2020 | first | $1.4M | 73 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Canadian Valley Electric Cooperative, Inc.
Canadian Valley Electric Cooperative, Inc. is an electric power distribution company in Seminole, Oklahoma, in business since 1939. It is owned by Josh Holt (Chief Executive Officer). Its reported annual revenue is about $81.9M, with roughly $7.0M of EBITDA. It has about 73 employees.
Common questions
- Who owns Canadian Valley Electric Cooperative, Inc.?
- Canadian Valley Electric Cooperative, Inc. is owned by Josh Holt (Chief Executive Officer), according to public sources such as the company's website or filings.
- How much revenue does Canadian Valley Electric Cooperative, Inc. make?
- Canadian Valley Electric Cooperative, Inc. reported revenue of about $81.9M.
- How many employees does Canadian Valley Electric Cooperative, Inc. have?
- About 73, as reported on its PPP loan.
- When was Canadian Valley Electric Cooperative, Inc. founded?
- Canadian Valley Electric Cooperative, Inc. has been in business since 1939.