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Employer Identification Number 54-0299805

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

Company Name:MECKLENBURG ELECTRIC COOPERATIVE
Employer identification number (EIN):54-0299805
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:221100
401k Pension/Benefits registration MECKLENBURG 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
State of IncorporationVirgninia, VA

Organization Overview

Mission StatementPROVIDE SAFE AND EFFECTIVE DISTRIBTUION OF ELECTRICITY TO THE MEMBERS OF MECKLENBURG ELECTRIC COOPERATIVE
Number of Employees109
Number of Volunteers0
Year Formed1938

Organization Governance

Legal DomicileVA
Voting Members - Governing Body9
Voting Members - Independent9

Organization Financials

2024-12-31
Total unrelated business incomeUSD $ 2,343,789
Program Service Revenue from prior yearUSD $ 109,582,945
Program Service Revenue from current yearUSD $ 187,403,488
Investment Income from prior yearUSD $ 2,453,635
Investment Income from current yearUSD $ 3,660,463
Other Revenue from prior yearUSD $ 2,253,422
Other Revenue from current yearUSD $ 6,870,897
Gross receipts from all sourcesUSD $ 198,099,102
Net assets / fund balances at end of fiscal yearUSD $ 107,486,581
Net assets / fund balances at beginning of fiscal yearUSD $ 96,118,149
Total liabilities at end of fiscal yearUSD $ 226,069,125
Total liabilities at beginning of fiscal yearUSD $ 226,207,714
Total assets at end of fiscal yearUSD $ 333,555,706
Total assets at beginning of fiscal yearUSD $ 322,325,863
Revenues less expenses for current yearUSD $ 57,425,080
Revenues less expenses for previous yearUSD $ 8,065,553
Total expenses for current yearUSD $ 140,509,768
Total expenses for previous yearUSD $ 106,224,449
Other expenses in current yearUSD $ 121,311,985
Other expenses in previous yearUSD $ 91,546,075
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 15,905,931
Employee salary and benefits paid in previous yearUSD $ 12,536,956
Benefits paid to or for members in current yearUSD $ 3,291,852
Benefits paid to or for members in previous yearUSD $ 2,141,418
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 197,934,848
Total revenue in previous fiscal yearUSD $ 114,290,002
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 6,470,549
2022-12-31
Total unrelated business incomeUSD $ 1,075,966
Program Service Revenue from prior yearUSD $ 69,140,769
Program Service Revenue from current yearUSD $ 95,362,807
Investment Income from prior yearUSD $ 286,876
Investment Income from current yearUSD $ 125,580
Other Revenue from prior yearUSD $ 866,555
Other Revenue from current yearUSD $ 1,997,635
Gross receipts from all sourcesUSD $ 100,850,270
Net assets / fund balances at end of fiscal yearUSD $ 90,284,102
Net assets / fund balances at beginning of fiscal yearUSD $ 86,021,002
Total liabilities at end of fiscal yearUSD $ 158,506,432
Total liabilities at beginning of fiscal yearUSD $ 139,484,926
Total assets at end of fiscal yearUSD $ 248,790,534
Total assets at beginning of fiscal yearUSD $ 225,505,928
Revenues less expenses for current yearUSD $ 7,704,333
Revenues less expenses for previous yearUSD $ 3,760,717
Total expenses for current yearUSD $ 92,927,030
Total expenses for previous yearUSD $ 66,533,483
Other expenses in current yearUSD $ 76,545,751
Other expenses in previous yearUSD $ 56,601,251
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 12,348,523
Employee salary and benefits paid in previous yearUSD $ 6,931,782
Benefits paid to or for members in current yearUSD $ 4,032,756
Benefits paid to or for members in previous yearUSD $ 2,995,450
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 5,000
Total revenue in current fiscal yearUSD $ 100,631,363
Total revenue in previous fiscal yearUSD $ 70,294,200
Contributions and grants from current yearUSD $ 3,145,341
Total of other revenueUSD $ 1,599,089
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 66,962,297
Program Service Revenue from current yearUSD $ 69,140,769
Investment Income from prior yearUSD $ 283,161
Investment Income from current yearUSD $ 286,876
Other Revenue from prior yearUSD $ 574,063
Other Revenue from current yearUSD $ 866,555
Gross receipts from all sourcesUSD $ 70,294,200
Net assets / fund balances at end of fiscal yearUSD $ 86,021,002
Net assets / fund balances at beginning of fiscal yearUSD $ 80,182,504
Total liabilities at end of fiscal yearUSD $ 139,484,926
Total liabilities at beginning of fiscal yearUSD $ 127,520,259
Total assets at end of fiscal yearUSD $ 225,505,928
Total assets at beginning of fiscal yearUSD $ 207,702,763
Revenues less expenses for current yearUSD $ 3,760,717
Revenues less expenses for previous yearUSD $ 1,836,029
Total expenses for current yearUSD $ 66,533,483
Total expenses for previous yearUSD $ 65,983,492
Other expenses in current yearUSD $ 56,601,251
Other expenses in previous yearUSD $ 58,175,608
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 $ 6,931,782
Employee salary and benefits paid in previous yearUSD $ 6,194,460
Benefits paid to or for members in current yearUSD $ 2,995,450
Benefits paid to or for members in previous yearUSD $ 1,608,424
Grants and similar amounts paid in current yearUSD $ 5,000
Grants and similar amounts paid in previous yearUSD $ 5,000
Total revenue in current fiscal yearUSD $ 70,294,200
Total revenue in previous fiscal yearUSD $ 67,819,521
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 0
Gross sales of inventory assetsUSD $ 6,166
Total of other revenueUSD $ 0
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 72,442,178
Program Service Revenue from current yearUSD $ 66,962,297
Investment Income from prior yearUSD $ 452,640
Investment Income from current yearUSD $ 283,161
Other Revenue from prior yearUSD $ 480,355
Other Revenue from current yearUSD $ 574,063
Gross receipts from all sourcesUSD $ 67,819,521
Net assets / fund balances at end of fiscal yearUSD $ 80,182,504
Net assets / fund balances at beginning of fiscal yearUSD $ 71,523,272
Total liabilities at end of fiscal yearUSD $ 127,520,259
Total liabilities at beginning of fiscal yearUSD $ 125,540,132
Total assets at end of fiscal yearUSD $ 207,702,763
Total assets at beginning of fiscal yearUSD $ 197,063,404
Revenues less expenses for current yearUSD $ 1,836,029
Revenues less expenses for previous yearUSD $ 447,298
Total expenses for current yearUSD $ 65,983,492
Total expenses for previous yearUSD $ 72,927,875
Other expenses in current yearUSD $ 58,175,608
Other expenses in previous yearUSD $ 64,558,147
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 $ 6,194,460
Employee salary and benefits paid in previous yearUSD $ 6,820,311
Benefits paid to or for members in current yearUSD $ 1,608,424
Benefits paid to or for members in previous yearUSD $ 1,544,417
Grants and similar amounts paid in current yearUSD $ 5,000
Grants and similar amounts paid in previous yearUSD $ 5,000
Total revenue in current fiscal yearUSD $ 67,819,521
Total revenue in previous fiscal yearUSD $ 73,375,173
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 0
Gross sales of inventory assetsUSD $ 6,140
Total of other revenueUSD $ 0

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 540299805

USA Mailing Address
P.O. BOX 2451
CHASE CITY
VA
23924
Date first seen: 2009-07-01
Date last seen: 2025-12-31
USA Location Address
11633 HIGHWAY NINETY-TWO
CHASE CITY
VA
23924
Date first seen: 2009-07-01
Date last seen: 2025-12-31
USA Mailing Address
PO BOX 2451
CHASE CITY
VA
239242451
Date first seen: 2010-06-21
Date last seen: 2026-10-03
USA Location Address
PO BOX 2451
CHASE CITY
VA
239242451
Date first seen: 2017-07-24
Date last seen: 2026-10-02
USA Location Address
11633 HIGHWAY 92
CHASE CITY
VI
23924
Date first seen: 2009-07-01
Date last seen: 2026-10-03
USA Location Address
11633 HIGHWAY NINETY TWO
CHASE CITY
VA
23924
Date first seen: 2009-07-01
Date last seen: 2026-02-25

Nearby companies/organizations

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

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