nonprofit · EIN 64-0300045 · MS
How much does NORTHCENTRAL ELECTRIC COOPERATIVE raise and spend?
NORTHCENTRAL ELECTRIC COOPERATIVE (MS, EIN 64-0300045) reported $140.2M in revenue and $136.4M in expenses for tax year 2024, with $121.5M in net assets (10.7 months of reserves). By expenses that ranks 1,943 of 391,588 e-filers, 16 of 2,590 nonprofits in mississippi.
What stands out
NORTHCENTRAL ELECTRIC COOPERATIVE (MS, EIN 64-0300045) reported $140.2M in revenue and $136.4M in expenses for tax year 2024, with $121.5M in net assets (10.7 months of reserves). By expenses that ranks 1,943 of 391,588 e-filers, 16 of 2,590 nonprofits in mississippi. Against nonprofits over $100M in expenses: months of reserves 10.7 months, above the peer median of 7.7 months; contributions share of revenue 0.0%, below the peer median of 0.8%; surplus margin 2.8%, above the peer median of 1.7%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $140.2M | — | $233.3M | $198.5k |
| Total expenses | $136.4M | — | $225.3M | $179.6k |
| Total assets | $269.7M | — | $306.0M | $761.5k |
| Net assets | $121.5M | — | $162.6M | $615.1k |
| Program service revenue share | 98.2% | — | 92.5% | 13.4% |
| Contributions share of revenue | 0.0% | — | 0.8% | 55.6% |
| Months of reserves | 10.7 months | — | 7.7 months | 12.4 months |
| Surplus margin | 2.8% | — | 1.7% | 4.3% |
Year by year
6 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $140.2M | $136.4M | $121.5M | 10.7 months | — | 1,943 |
| 2023 | $142.3M | $136.8M | $117.6M | 10.3 months | — | 3,384 |
| 2022 | $126.0M | $116.5M | $114.7M | 11.8 months | — | 3,587 |
| 2021 | $109.0M | $100.4M | $103.6M | 12.4 months | $551.2k | 2,548 |
| 2020 | $104.3M | $102.5M | $94.8M | 11.1 months | — | 3,628 |
| 2019 | $104.7M | $101.3M | $93.0M | 11.0 months | $528.0k | 3,472 |
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