Norris Electric Cooperative

Organization Overview

Norris Electric Cooperative is located in Newton, IL. The organization was established in 1941. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Norris Electric Cooperative employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norris Electric Cooperative is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Norris Electric Cooperative generated $43.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $41.7m during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DISTRIBUTION OF ELECTRICITY TO RURAL MEMBERS OF THE COOPERATIVE

Describe the Organization's Program Activity:

Part 3 - Line 4a

DISTRIBUTION OF ELECTRICITY TO RURAL MEMBERS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Tami Phillips
CEO
$183,258
Steve Hunzinger
Lineman
$138,345
Ian Moore
Lineman
$136,595
Douglas Casey
Maint Lineman
$127,406
Connor Walters
Lineman
$123,257
Ralph Bowersock Jr
Lineman
$122,936

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Henkels & Mccoy Inc
Utility Construction
$3,779,113
Gill Tree Inc
Tree Clearing
$384,017
Jw Didado Electric
Electrical Contracting
$427,449
Big D Electrical Contractors Inc
Electrical Contracting
$302,130
Asplundh Tree Experts Co
Right Of Way Clearing
$1,401,637
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,375,039
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,375,039
Total Program Service Revenue$42,409,340
Investment income -$7,577
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $87,770
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $43,756,656

Create an account to unlock the data you need.

or