Overview

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Est.

1937

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Northern Neck Electric Cooperative (EIN: 54-0322350) is a nonprofit organization dedicated to the safe and effective distribution of electricity to its members. Operating with a budget of $46 million and generating total revenue of $48.2 million in 2024, the cooperative relies significantly on funding from various sources, with $15.2 million coming from an unidentified funder, which constitutes over 30% of its revenue. More information about their services and initiatives can be found on their website at www.nnec.coop.

Mission Statement

SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF THE COOPERATIVE
Revenues
$48.2M
Expenses
$47M
Net Income:
+$1.2M
Assets
$115.9M
Liabilities
$64M
Net Assets:
+$51.8M
Operating Budget
$46M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$30.1K
Largest grant received
$30.1K
B
Bradley H Hicks
Board Member
R
Russell G Brown
Board Member
M
Mary Catherine Jones
Board Member

Frequently Asked Questions

What is NORTHERN NECK ELECTRIC COOPERATIVE’s budget?
In 2024, NORTHERN NECK ELECTRIC COOPERATIVE reported an annual operating budget of around $46 million. More detailed financial information is available to registered users.
What causes does NORTHERN NECK ELECTRIC COOPERATIVE support?
NORTHERN NECK ELECTRIC COOPERATIVE supports work in Public utilities.
Where does NORTHERN NECK ELECTRIC COOPERATIVE operate?
NORTHERN NECK ELECTRIC COOPERATIVE is headquartered in Warsaw, VA.
Who funded NORTHERN NECK ELECTRIC COOPERATIVE recently?
In 2022, NORTHERN NECK ELECTRIC COOPERATIVE received grants from UNITED WAY OF GREATER RICHMOND & PETERSBURG. More information on this organization’s funders is available to registered users.
What is the largest grant NORTHERN NECK ELECTRIC COOPERATIVE received in 2022?
The largest grant to NORTHERN NECK ELECTRIC COOPERATIVE in 2022 exceeds $30 thousand.