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Employer Identification Number 37-0442695

NORRIS ELECTRIC COOPERATIVE is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:NORRIS ELECTRIC COOPERATIVE
Employer identification number (EIN):37-0442695
EIN Issuing AuthorityCincinnati, OH
NAIC Classification:221100
401k Pension/Benefits registration NORRIS ELECTRIC COOPERATIVE 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementDISTRIBUTION OF ELECTRICITY TO RURAL MEMBERS OF THE COOPERATIVE
Number of Employees62
Number of Volunteers0
Year Formed1938

Organization Governance

Legal DomicileIL
Voting Members - Governing Body11
Voting Members - Independent11

Organization Financials

2024-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 51,065,795
Program Service Revenue from current yearUSD $ 52,785,205
Investment Income from prior yearUSD $ 237,822
Investment Income from current yearUSD $ 268,200
Other Revenue from prior yearUSD $ 301,010
Other Revenue from current yearUSD $ 196,744
Gross receipts from all sourcesUSD $ 53,278,799
Net assets / fund balances at end of fiscal yearUSD $ 74,671,395
Net assets / fund balances at beginning of fiscal yearUSD $ 75,288,700
Total liabilities at end of fiscal yearUSD $ 72,649,380
Total liabilities at beginning of fiscal yearUSD $ 67,472,730
Total assets at end of fiscal yearUSD $ 147,320,775
Total assets at beginning of fiscal yearUSD $ 142,761,430
Revenues less expenses for current yearUSD $ 793,407
Revenues less expenses for previous yearUSD $ 1,527,363
Total expenses for current yearUSD $ 52,456,742
Total expenses for previous yearUSD $ 50,077,264
Other expenses in current yearUSD $ 51,986,514
Other expenses in previous yearUSD $ 49,587,995
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 470,228
Employee salary and benefits paid in previous yearUSD $ 489,269
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 53,250,149
Total revenue in previous fiscal yearUSD $ 51,604,627
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 196,744
2023-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 47,051,752
Program Service Revenue from current yearUSD $ 51,065,795
Investment Income from prior yearUSD $ -155,644
Investment Income from current yearUSD $ 237,822
Other Revenue from prior yearUSD $ 256,168
Other Revenue from current yearUSD $ 301,010
Gross receipts from all sourcesUSD $ 51,645,992
Net assets / fund balances at end of fiscal yearUSD $ 75,288,700
Net assets / fund balances at beginning of fiscal yearUSD $ 75,189,755
Total liabilities at end of fiscal yearUSD $ 67,472,730
Total liabilities at beginning of fiscal yearUSD $ 58,907,333
Total assets at end of fiscal yearUSD $ 142,761,430
Total assets at beginning of fiscal yearUSD $ 134,097,088
Revenues less expenses for current yearUSD $ 1,527,363
Revenues less expenses for previous yearUSD $ -770,076
Total expenses for current yearUSD $ 50,077,264
Total expenses for previous yearUSD $ 47,922,352
Other expenses in current yearUSD $ 49,587,995
Other expenses in previous yearUSD $ 47,490,123
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 489,269
Employee salary and benefits paid in previous yearUSD $ 432,229
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 51,604,627
Total revenue in previous fiscal yearUSD $ 47,152,276
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 301,010
2022-12-31
Total unrelated business incomeUSD $ 658
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 42,409,340
Program Service Revenue from current yearUSD $ 47,051,752
Investment Income from prior yearUSD $ 80,193
Investment Income from current yearUSD $ -155,644
Other Revenue from prior yearUSD $ -107,916
Other Revenue from current yearUSD $ 256,168
Gross receipts from all sourcesUSD $ 47,359,651
Net assets / fund balances at end of fiscal yearUSD $ 75,189,755
Net assets / fund balances at beginning of fiscal yearUSD $ 76,220,488
Total liabilities at end of fiscal yearUSD $ 58,907,333
Total liabilities at beginning of fiscal yearUSD $ 46,459,351
Total assets at end of fiscal yearUSD $ 134,097,088
Total assets at beginning of fiscal yearUSD $ 122,679,839
Revenues less expenses for current yearUSD $ -770,076
Revenues less expenses for previous yearUSD $ 2,098,593
Total expenses for current yearUSD $ 47,922,352
Total expenses for previous yearUSD $ 41,658,063
Other expenses in current yearUSD $ 47,490,123
Other expenses in previous yearUSD $ 41,320,765
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 432,229
Employee salary and benefits paid in previous yearUSD $ 337,298
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 47,152,276
Total revenue in previous fiscal yearUSD $ 43,756,656
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 1,375,039
Total of other revenueUSD $ 256,168
2021-12-31
Total unrelated business incomeUSD $ 1,709
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 40,004,967
Program Service Revenue from current yearUSD $ 42,409,340
Investment Income from prior yearUSD $ 39,592
Investment Income from current yearUSD $ 80,193
Other Revenue from prior yearUSD $ -82,463
Other Revenue from current yearUSD $ -107,916
Gross receipts from all sourcesUSD $ 43,722,453
Net assets / fund balances at end of fiscal yearUSD $ 76,220,488
Net assets / fund balances at beginning of fiscal yearUSD $ 75,497,700
Total liabilities at end of fiscal yearUSD $ 46,459,351
Total liabilities at beginning of fiscal yearUSD $ 36,632,963
Total assets at end of fiscal yearUSD $ 122,679,839
Total assets at beginning of fiscal yearUSD $ 112,130,663
Revenues less expenses for current yearUSD $ 2,098,593
Revenues less expenses for previous yearUSD $ 1,194,692
Total expenses for current yearUSD $ 41,658,063
Total expenses for previous yearUSD $ 38,767,404
Other expenses in current yearUSD $ 41,320,765
Other expenses in previous yearUSD $ 38,383,831
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 337,298
Employee salary and benefits paid in previous yearUSD $ 383,573
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 43,756,656
Total revenue in previous fiscal yearUSD $ 39,962,096
Contributions and grants from current yearUSD $ 1,375,039
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ -107,916
2020-12-31
Total unrelated business incomeUSD $ 2,220
Net unrelated business incomeUSD $ 1,220
Program Service Revenue from prior yearUSD $ 41,276,963
Program Service Revenue from current yearUSD $ 40,004,967
Investment Income from prior yearUSD $ 47,734
Investment Income from current yearUSD $ 39,592
Other Revenue from prior yearUSD $ -218,416
Other Revenue from current yearUSD $ -82,463
Gross receipts from all sourcesUSD $ 39,993,333
Net assets / fund balances at end of fiscal yearUSD $ 75,497,700
Net assets / fund balances at beginning of fiscal yearUSD $ 74,589,915
Total liabilities at end of fiscal yearUSD $ 36,632,963
Total liabilities at beginning of fiscal yearUSD $ 25,552,948
Total assets at end of fiscal yearUSD $ 112,130,663
Total assets at beginning of fiscal yearUSD $ 100,142,863
Revenues less expenses for current yearUSD $ 1,194,692
Revenues less expenses for previous yearUSD $ 2,409,722
Total expenses for current yearUSD $ 38,767,404
Total expenses for previous yearUSD $ 38,696,559
Other expenses in current yearUSD $ 38,383,831
Other expenses in previous yearUSD $ 38,321,689
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 383,573
Employee salary and benefits paid in previous yearUSD $ 374,870
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 39,962,096
Total revenue in previous fiscal yearUSD $ 41,106,281
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ -82,463
2019-12-31
Total unrelated business incomeUSD $ 2,919
Net unrelated business incomeUSD $ 1,116
Program Service Revenue from prior yearUSD $ 49,522,363
Program Service Revenue from current yearUSD $ 41,276,963
Investment Income from prior yearUSD $ 16,566
Investment Income from current yearUSD $ 47,734
Other Revenue from prior yearUSD $ -208,071
Other Revenue from current yearUSD $ -218,416
Gross receipts from all sourcesUSD $ 41,171,680
Net assets / fund balances at end of fiscal yearUSD $ 74,589,915
Net assets / fund balances at beginning of fiscal yearUSD $ 71,205,702
Total liabilities at end of fiscal yearUSD $ 25,552,948
Total liabilities at beginning of fiscal yearUSD $ 23,805,749
Total assets at end of fiscal yearUSD $ 100,142,863
Total assets at beginning of fiscal yearUSD $ 95,011,451
Revenues less expenses for current yearUSD $ 2,409,722
Revenues less expenses for previous yearUSD $ 4,190,982
Total expenses for current yearUSD $ 38,696,559
Total expenses for previous yearUSD $ 45,139,876
Other expenses in current yearUSD $ 38,321,689
Other expenses in previous yearUSD $ 44,767,753
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 374,870
Employee salary and benefits paid in previous yearUSD $ 372,123
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 41,106,281
Total revenue in previous fiscal yearUSD $ 49,330,858
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ -218,416
2018-12-31
Total unrelated business incomeUSD $ 63
Net unrelated business incomeUSD $ 4,381
Program Service Revenue from prior yearUSD $ 46,756,847
Program Service Revenue from current yearUSD $ 49,522,363
Investment Income from prior yearUSD $ 4,697
Investment Income from current yearUSD $ 16,566
Other Revenue from prior yearUSD $ 171,599
Other Revenue from current yearUSD $ -208,071
Gross receipts from all sourcesUSD $ 49,475,412
Net assets / fund balances at end of fiscal yearUSD $ 71,205,702
Net assets / fund balances at beginning of fiscal yearUSD $ 69,494,424
Total liabilities at end of fiscal yearUSD $ 23,805,749
Total liabilities at beginning of fiscal yearUSD $ 18,133,811
Total assets at end of fiscal yearUSD $ 95,011,451
Total assets at beginning of fiscal yearUSD $ 87,628,235
Revenues less expenses for current yearUSD $ 4,190,982
Revenues less expenses for previous yearUSD $ 3,253,558
Total expenses for current yearUSD $ 45,139,876
Total expenses for previous yearUSD $ 43,679,585
Other expenses in current yearUSD $ 44,767,753
Other expenses in previous yearUSD $ 43,200,208
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 372,123
Employee salary and benefits paid in previous yearUSD $ 479,377
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 49,330,858
Total revenue in previous fiscal yearUSD $ 46,933,143
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ -208,071
2017-12-31
Total unrelated business incomeUSD $ 5,141
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 44,291,656
Program Service Revenue from current yearUSD $ 46,756,847
Investment Income from prior yearUSD $ 49,838
Investment Income from current yearUSD $ 4,697
Other Revenue from prior yearUSD $ 203,775
Other Revenue from current yearUSD $ 171,599
Gross receipts from all sourcesUSD $ 46,980,561
Net assets / fund balances at end of fiscal yearUSD $ 69,494,424
Net assets / fund balances at beginning of fiscal yearUSD $ 67,626,564
Total liabilities at end of fiscal yearUSD $ 18,133,811
Total liabilities at beginning of fiscal yearUSD $ 17,293,522
Total assets at end of fiscal yearUSD $ 87,628,235
Total assets at beginning of fiscal yearUSD $ 84,920,086
Revenues less expenses for current yearUSD $ 3,253,558
Revenues less expenses for previous yearUSD $ 2,337,660
Total expenses for current yearUSD $ 43,679,585
Total expenses for previous yearUSD $ 42,207,859
Other expenses in current yearUSD $ 43,200,208
Other expenses in previous yearUSD $ 41,648,609
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 479,377
Employee salary and benefits paid in previous yearUSD $ 559,250
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 46,933,143
Total revenue in previous fiscal yearUSD $ 44,545,519
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 250
Total of other revenueUSD $ 171,599
2016-12-31
Total unrelated business incomeUSD $ 7,215
Net unrelated business incomeUSD $ 18,231
Program Service Revenue from prior yearUSD $ 43,483,455
Program Service Revenue from current yearUSD $ 44,291,656
Investment Income from prior yearUSD $ 11,926
Investment Income from current yearUSD $ 49,838
Other Revenue from prior yearUSD $ 245,654
Other Revenue from current yearUSD $ 203,775
Gross receipts from all sourcesUSD $ 44,587,745
Net assets / fund balances at end of fiscal yearUSD $ 67,626,564
Net assets / fund balances at beginning of fiscal yearUSD $ 68,506,767
Total liabilities at end of fiscal yearUSD $ 17,293,522
Total liabilities at beginning of fiscal yearUSD $ 13,011,357
Total assets at end of fiscal yearUSD $ 84,920,086
Total assets at beginning of fiscal yearUSD $ 81,518,124
Revenues less expenses for current yearUSD $ 2,337,660
Revenues less expenses for previous yearUSD $ 4,211,342
Total expenses for current yearUSD $ 42,207,859
Total expenses for previous yearUSD $ 39,536,693
Other expenses in current yearUSD $ 41,648,609
Other expenses in previous yearUSD $ 38,964,083
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 559,250
Employee salary and benefits paid in previous yearUSD $ 572,610
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 44,545,519
Total revenue in previous fiscal yearUSD $ 43,748,035
Contributions and grants from current yearUSD $ 250
Contributions and grants from previous yearUSD $ 7,000
Total of other revenueUSD $ 203,775

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 370442695

USA Mailing Address
8543 N STATE HIGHWAY 130
NEWTON
IL
62448
Date first seen: 2007-01-01
Date last seen: 2025-06-30
USA Location Address
8543 N STATE HIGHWAY 130
NEWTON
IL
62448
Date first seen: 2007-01-01
Date last seen: 2025-06-30
USA Mailing Address
8543 N. STATE HIGHWAY 130
NEWTON
IL
62448
Date first seen: 2007-01-01
Date last seen: 2026-02-25

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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