Nonprofit · EIN 61-0235235
INTER-COUNTY ENERGY COOPERATIVE CORPORATION
Tax-exempt · DANVILLE, KY 40422
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $75,053,878 | $75,053,878 | $0 | $167,444,528 | $100,429,596 | $67,014,932 |
| December 31, 2024 | 990 | $70,990,462 | $70,990,462 | $0 | $158,470,637 | $94,942,865 | $63,527,772 |
| December 31, 2023 | 990 | $70,820,953 | $70,820,953 | $0 | $155,321,919 | $94,703,653 | $60,618,266 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $71,957,048
- Investment income
- $129,507
- Other revenue
- $2,967,323
Expenses
- Grants and similar amounts paid
- $6,000
- Benefits paid to members
- $4,277,976
- Compensation of officers, directors and key employees
- $568,523
- Other salaries and wages
- $5,942,571
- Salaries, compensation and benefits (total)
- $9,371,938
- Professional fundraising fees
- $0
- Legal fees
- $57,353
- Accounting fees
- $18,150
- Depreciation
- $5,522,083
Balance sheet and other
- Total assets, start of year
- $158,470,637
- Total assets, end of year
- $167,444,528
- Total liabilities, end of year
- $100,429,596
- Net assets, end of year
- $67,014,932
- Land, buildings and equipment
- $119,095,346
- Gross receipts
- $75,053,878
- Employees
- 65
- Volunteers
- 0
- Year formed
- 1937
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JERRY CARTER | PRESIDENT/CEO Officer | 50 | $282,165 | $71,043 |
| DAVID PHELPS | VP OPERATIONS Highest-paid employee | 48 | $185,176 | $57,529 |
| ALYSSA KURTZ | VP FINANCE Officer | 45 | $166,983 | $39,766 |
| DAVID HORNE | LINE TECH FIRST CLASS Highest-paid employee | 55 | $162,697 | $30,958 |
| DAN HITCHCOCK | VP, MEMBER SERVICES Highest-paid employee | 45 | $145,697 | $46,862 |
| COLBY GRIDER | LINE TECH FIRST CLASS Highest-paid employee | 50 | $144,023 | $44,716 |
| TANNER JOHNSON | LINE TECH FIRST CLASS Highest-paid employee | 47 | $131,851 | $30,957 |
| JASON TODD | VICE CHAIRMAN Trustee or director, Officer | 10 | $26,375 | $0 |
| JAMES KEVIN PRESTON | SEC/TREAS Trustee or director, Officer | 7 | $22,525 | $0 |
| JOE SPALDING | CHAIRMAN Trustee or director, Officer | 7 | $20,575 | $0 |
| LOUIS KERRICK | DIRECTOR Trustee or director | 5 | $18,825 | $0 |
| WILLIAM GOGGIN | DIRECTOR Trustee or director | 3 | $17,200 | $0 |
| JOHN HENRY RUSSELL | DIRECTOR Trustee or director | 6 | $13,875 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JERRY CARTER | PRESIDENT/CEO Officer | 50 | $232,935 | $70,973 |
| DAVID PHELPS | VP OPERATIONS Highest-paid employee | 48 | $162,506 | $51,354 |
| KASEY WALLS | CREW LEADER Highest-paid employee | 50 | $140,078 | $44,058 |
| COLBY GRIDER | LINE TECH FIRST CLASS Highest-paid employee | 53 | $140,512 | $42,828 |
| DAN HITCHCOCK | VP, MEMBER SERVICES Highest-paid employee | 45 | $137,325 | $44,802 |
| DAVID HORNE | 1ST CLASS LINE ENG TECH Highest-paid employee | 56 | $153,502 | $27,797 |
| ALYSSA KURTZ | CFO Officer | 45 | $127,233 | $35,271 |
| JASON TODD | VICE CHAIRMAN Trustee or director, Officer | 6 | $22,581 | $0 |
| JAMES KEVIN PRESTON | SEC/TREAS Trustee or director, Officer | 6 | $21,781 | $0 |
| JOE SPALDING | CHAIRMAN Trustee or director, Officer | 6 | $19,518 | $0 |
| LOUIS KERRICK | DIRECTOR Trustee or director | 4 | $19,110 | $0 |
| WILLIAM GOGGIN | DIRECTOR Trustee or director | 3 | $17,209 | $0 |
| WILLIAM PEYTON | DIRECTOR Trustee or director | 2 | $12,575 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JERRY CARTER | PRESIDENT/CEO Key employee | 50 | $229,388 | $39,742 |
| DAVID PHELPS | VP OPERATIONS Highest-paid employee | 48 | $162,344 | $29,311 |
| DAN HITCHCOCK | VP, MEMBER SERVICES Highest-paid employee | 45 | $137,564 | $25,577 |
| LORI STOCKER | VP, OFFICE SERVICES Highest-paid employee | 45 | $123,304 | $36,248 |
| ALYSSA KURTZ | VP OF FINANCE & ADMIN Highest-paid employee | 45 | $134,069 | $17,205 |
| KASEY WALLS | CREW LEADER Highest-paid employee | 61 | $123,360 | $18,349 |
| JASON TODD | VICE CHAIRMAN Trustee or director, Officer | 7 | $25,644 | $0 |
| JAMES KEVIN PRESTON | SEC/TREAS Trustee or director, Officer | 6 | $23,201 | $0 |
| JOE SPALDING | CHAIRMAN Trustee or director, Officer | 7 | $20,289 | $0 |
| LOUIS KERRICK | DIRECTOR Trustee or director | 4 | $18,837 | $0 |
| WILLIAM GOGGIN | DIRECTOR Trustee or director | 4 | $18,834 | $0 |
| WILLIAM PEYTON | DIRECTOR Trustee or director | 3 | $15,614 | $0 |
Address and contacts
- Address (IRS master file)
- 1009 HUSTONVILLE RD, DANVILLE, KY 40422-2222
- Principal officer (990 for 2025)
- JERRY W CARTER, PO BOX 87, DANVILLE, KY 40422
- Signed the 990
- JERRY W CARTER, PRESIDENT & CEO
- Phone
- (859) 236-4561
- Website
- WWW.INTERCOUNTYENERGY.NET
- Return prepared by
- JONES NALE & MATTINGLY PLC
Mission
PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 28,403 CUSTOMERS PER MONTH.
Program accomplishments
- PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE APPROXIMATELY 28,403 CONSUMERS PER MONTH.Expenses $75,053,878 · grants $6,000 · revenue $74,182,433
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 61-0235235
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1937
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $167,444,528
- Income (IRS master file)
- $75,053,878
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $75,053,878 | $75,053,878 | $167,444,528 | IRS |
| 990 | December 2024 | $70,990,462 | $70,990,462 | $158,470,637 | IRS |
| 990 | December 2023 | $70,820,953 | $70,820,953 | $155,321,919 | XML |
| 990 | December 2022 | $74,823,291 | $74,823,291 | $149,903,408 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-0235235).
Questions about INTER-COUNTY ENERGY COOPERATIVE CORPORATION
- What is the EIN of INTER-COUNTY ENERGY COOPERATIVE CORPORATION?
- The employer identification number (EIN) of INTER-COUNTY ENERGY COOPERATIVE CORPORATION is 61-0235235.
- Is INTER-COUNTY ENERGY COOPERATIVE CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1937.
- Are donations to INTER-COUNTY ENERGY COOPERATIVE CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INTER-COUNTY ENERGY COOPERATIVE CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INTER-COUNTY ENERGY COOPERATIVE CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INTER-COUNTY ENERGY COOPERATIVE CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INTER-COUNTY ENERGY COOPERATIVE CORPORATION?
- The 990 for the year ended December 31, 2025 names JERRY W CARTER.
- Who are the officers and directors of INTER-COUNTY ENERGY COOPERATIVE CORPORATION?
- The 990 for the year ended December 31, 2025 lists 13 people; 13 received compensation from the organization, the highest $282,165 (JERRY CARTER, PRESIDENT/CEO).
- How much revenue does INTER-COUNTY ENERGY COOPERATIVE CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $75,053,878, expenses of $75,053,878 and total assets of $167,444,528 at year end.
Other nonprofits in DANVILLE
- EPHRAIM MCDOWELL REGIONAL MEDICAL C ENTER EIN 61-0492356 · last filed 990 for 2025
- CENTRE COLLEGE OF KENTUCKY EIN 61-0444671 · last filed 990 for 2025
- EMHFL INC EIN 61-1388556 · last filed 990 for 2025
- EPHRAIM MCDOWELL HEALTH INC EIN 61-1324736 · last filed 990 for 2025
- EPHRAIM MCDOWELL HEALTH RESOURCES EIN 31-1545520 · last filed 990 for 2025
- HERITAGE HOSPICE INC EIN 31-0988104 · last filed 990 for 2025
- DANVILLE LIBRARY INC EIN 61-0492383 · last filed 990 for 2025
- DANVILLE CHRISTIAN ACADEMY INC EIN 37-1420493 · last filed 990 for 2025