Nonprofit · EIN 63-0132555
MARSHALL-DEKALB ELECTRIC COOPERATIVE
Tax-exempt · BOAZ, AL 35957
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $20,392,875 | $17,536,854 | $2,856,021 | $110,007,347 | $37,056,852 | $72,950,495 |
| June 30, 2024 | 990 | $19,439,281 | $16,631,544 | $2,807,737 | $102,500,687 | $32,408,553 | $70,092,134 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $706,205
- Investment income
- $252,349
- Net rental income
- $1,156,461
- Net income from sales of inventory
- $18,277,860
- Other revenue
- $19,434,321
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $397,164
- Salaries, compensation and benefits (total)
- $2,588,909
- Professional fundraising fees
- $0
- Legal fees
- $54,941
- Depreciation
- $4,159,813
- Program services (functional)
- $17,536,854
Balance sheet and other
- Total assets, start of year
- $102,500,687
- Total assets, end of year
- $110,007,347
- Total liabilities, end of year
- $37,056,852
- Net assets, end of year
- $72,950,495
- Land, buildings and equipment
- $98,278,513
- Gross receipts
- $65,001,141
- Employees
- 55
- Volunteers
- 0
- Year formed
- 1941
- State of legal domicile
- AL
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM S BOBO | MANAGER Key employee | 40 | $184,968 | $5,200 |
| ERIC LESTER | CHIEF ENGINEER Key employee | 40 | $164,591 | $0 |
| TERRY EDMONDSON | PRESIDENT Trustee or director, Officer | 5 | $17,336 | $0 |
| BOBBY WEATHERS | SEC/TREAS Trustee or director, Officer | 5 | $15,025 | $0 |
| BRIEN PHILLIPS | TRUSTEE Trustee or director, Officer | 5 | $14,375 | $0 |
| BRIGGS PATTERSON | TRUSTEE Trustee or director | 5 | $13,713 | $0 |
| STEVE HENLEY | TRUSTEE Trustee or director | 5 | $13,576 | $0 |
| TERRY JOHNSON | TRUSTEE Trustee or director | 5 | $13,406 | $0 |
| WILLIAM G HULGAN | TRUSTEE Trustee or director | 5 | $13,326 | $0 |
| JERRY SCOTT | TRUSTEE Trustee or director | 5 | $13,286 | $0 |
| STEPHEN P DAVIS | VICE PRESIDENT Trustee or director | 5 | $13,125 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM S BOBO | MANAGER Key employee | 40 | $169,642 | $5,200 |
| ERIC LESTER | CHIEF ENGINEER Key employee | 40 | $158,334 | $0 |
| TERRY EDMONDSON | VICE PRESIDENT Trustee or director, Officer | 5 | $15,211 | $0 |
| BRIGGS PATTERSON | TRUSTEE Trustee or director | 5 | $14,712 | $0 |
| BOBBY WEATHERS | SEC/TREAS Trustee or director, Officer | 5 | $14,325 | $0 |
| STEVE HENLEY | TRUSTEE Trustee or director | 5 | $14,072 | $0 |
| TERRY JOHNSON | TRUSTEE Trustee or director | 5 | $13,400 | $0 |
| WILLIAM G HULGAN | TRUSTEE Trustee or director | 5 | $13,322 | $0 |
| JERRY SCOTT | TRUSTEE Trustee or director | 5 | $13,282 | $0 |
| STEPHEN P DAVIS | TRUSTEE Trustee or director | 5 | $13,125 | $0 |
| BRIEN PHILLIPS | PRESIDENT Trustee or director, Officer | 5 | $4,600 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 724, BOAZ, AL 35957-0724
- Principal officer (990 for 2024)
- SCOTT BOBO, 10025 HWY 168, BOAZ, AL 35957
- Signed the 990
- SCOTT BOBO, GENERAL MANAGER
- Phone
- (256) 593-4262
- Return prepared by
- MDA PROFESSIONAL GROUP PC
Mission
PURCHASE AND SALE OF ELECTRICITY FOR ITS MEMBERSHIP
Program accomplishments
- SALE OF ELECTRICITY PURCHASED FROM TVA 21,500 CUSTOMERS SERVEDExpenses $17,536,854
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 63-0132555
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $110,007,347
- Income (IRS master file)
- $65,001,141
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $20,392,875 | $17,536,854 | $110,007,347 | XML |
| 990 | June 2024 | $19,439,281 | $16,631,544 | $102,500,687 | XML |
| 990 | June 2023 | $19,675,444 | $15,812,049 | $99,231,302 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 63-0132555).
Questions about MARSHALL-DEKALB ELECTRIC COOPERATIVE
- What is the EIN of MARSHALL-DEKALB ELECTRIC COOPERATIVE?
- The employer identification number (EIN) of MARSHALL-DEKALB ELECTRIC COOPERATIVE is 63-0132555.
- Is MARSHALL-DEKALB ELECTRIC COOPERATIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12).
- Are donations to MARSHALL-DEKALB ELECTRIC COOPERATIVE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MARSHALL-DEKALB ELECTRIC COOPERATIVE 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 MARSHALL-DEKALB ELECTRIC COOPERATIVE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARSHALL-DEKALB ELECTRIC COOPERATIVE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MARSHALL-DEKALB ELECTRIC COOPERATIVE?
- The 990 for the year ended June 30, 2025 names SCOTT BOBO.
- Who are the officers and directors of MARSHALL-DEKALB ELECTRIC COOPERATIVE?
- The 990 for the year ended June 30, 2025 lists 11 people; 11 received compensation from the organization, the highest $184,968 (WILLIAM S BOBO, MANAGER).
- How much revenue does MARSHALL-DEKALB ELECTRIC COOPERATIVE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $20,392,875, expenses of $17,536,854 and total assets of $110,007,347 at year end.
Other nonprofits in BOAZ
- AMAZON HOPE EIN 81-0836250 · last filed 990 for 2024
- SNEAD STATE JUNIOR COLLEGE FOUNDATION EIN 63-1022415 · last filed 990-PF for 2025
- IN THE MIDST HONDURAS EIN 85-1783298 · last filed 990 for 2024
- SECOND CHANCE SHELTER EIN 26-2717351 · last filed 990 for 2023
- BOAZ CHAMBER OF COMMERCE EIN 63-0398537 · last filed 990 for 2025
- UNITED STEELWORKERS EIN 63-0747709 · last filed 990 for 2025
- THE MAKERS CHILD EIN 88-3496486 · last filed 990 for 2024
- NEW UNION VOLUNTEER FIRE DEPARTMENT INC EIN 63-0940616 · last filed 990 for 2025