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Nonprofit · EIN 64-0300045

NORTHCENTRAL ELECTRIC COOPERATIVE

Tax-exempt · OLIVE BRANCH, MS 38654

Financials

$140.2M$136.4M2023$151.7M$148.9M2024
Revenue Expenses · by fiscal year end
Financials of NORTHCENTRAL ELECTRIC COOPERATIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$151,735,196$148,892,479$2,842,717$295,152,965$170,122,640$125,030,325
June 30, 2024990$140,220,095$136,354,642$3,865,453$269,722,624$148,259,928$121,462,696
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$148,024,152
Investment income
$741,929
Net rental income
$708,482
Other revenue
$2,969,115

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$7,102,410
Salaries, compensation and benefits (total)
$8,136,420
Professional fundraising fees
$0
Depreciation
$12,328,483
Program services (functional)
$148,892,479

Balance sheet and other

Total assets, start of year
$269,722,624
Total assets, end of year
$295,152,965
Total liabilities, end of year
$170,122,640
Net assets, end of year
$125,030,325
Land, buildings and equipment
$255,383,226
Gross unrelated business income
$2,260,633
Gross receipts
$151,735,196
Employees
132
Year formed
1950
State of legal domicile
MS

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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
WILLIAM K DODDRIDGEGENERAL MANA
Key employee
48$585,542$0$121,395
MARK NICHOLSDIRECTOR OF
Highest-paid employee
40$289,840$0$76,728
JONATHAN COXDIRECTOR OF
Highest-paid employee
45$222,072$0$77,505
LARRY JOHNSONDIRECTOR OF
Highest-paid employee
54$217,983$0$73,803
JAKE BELLIPANNIDIRECTOR OF
Highest-paid employee
30$208,677$0$77,505
DARIN FARLEYDIRECTOR OF
Highest-paid employee
50$196,533$0$66,487
RICKY JONESBOARD MEMBER
Trustee or director
8.4$24,800$3,000$0
TONY TAYLORBOARD MEMBER
Trustee or director
9.21$23,800$3,000$0
PAT WOODSPRESIDENT
Trustee or director, Officer
5.13$21,300$3,000$0
PHIL LACHAUSSEEBOARD MEMBER
Trustee or director
3.5$19,300$3,000$0
DON DICKERSONSECRETARY
Trustee or director, Officer
5.06$18,800$3,000$0
JULIE NIBLETTBOARD MEMBER
Trustee or director
3.76$18,800$3,000$0
MORRIS THOMPSONBOARD MEMBER
Trustee or director
4.45$18,800$3,000$0
JERRY NICHOLSVICE PRESIDE
Trustee or director, Officer
2.73$16,300$3,000$0
PATRICIAN GRIFFINBOARD MEMBER
Trustee or director
6.74$13,050$2,250$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
WILLIAM K DODDRIDGEGENERAL MANA
Key employee
38$456,883$113,819
MARK NICHOLSDIRECTOR OF
Highest-paid employee
32$250,752$71,812
DARIN FARLEYDIRECTOR OF
Highest-paid employee
40$246,135$61,865
JONATHAN COXDIRECTOR OF
Highest-paid employee
40$220,090$71,189
LARRY JOHNSONDIRECTOR OF
Highest-paid employee
40$214,622$71,922
JAKE BELLIPANNIDIRECTOR OF
Highest-paid employee
32$194,372$71,189
MORRIS THOMPSONBOARD MEMBER
Trustee or director
3.22$29,000$0
DON DICKERSONSECRETARY
Trustee or director, Officer
2.21$28,000$0
TONY TAYLORBOARD MEMBER
Trustee or director
6.19$28,000$0
PAT WOODSPRESIDENT
Trustee or director, Officer
3.33$27,500$0
RICKY JONESBOARD MEMBER
Trustee or director
4.3$27,000$0
JULIE NIBLETTBOARD MEMBER
Trustee or director
5.08$27,000$0
PHIL LACHAUSSEEBOARD MEMBER
Trustee or director
3.32$25,500$0
JERRY NICHOLSVICE PRESIDE
Trustee or director, Officer
1.31$21,000$0
KIMBERLY GORDONBOARD MEMBER
Trustee or director
0.96$15,000$0
PATRICIAN GRIFFINBOARD MEMBER
Trustee or director
1.5$0$0

Address and contacts

Address (IRS master file)
PO BOX 405, OLIVE BRANCH, MS 38654-0405
In care of
% IRONS FAMILY IRR TR
Principal officer (990 for 2024)
WILLIAM K DODDRIDGE, 7161 DUNN LANE, OLIVE BRANCH, MS 38654
Signed the 990
WILLIAM K DODDRIDGE, GENERAL MANAGER
Phone
(800) 325-8925
Return prepared by
FRANKS FRANKS WILEMON & HAGOOD PA

Mission

TO BRING SAFE, RELIABLE, AND AFFORDABLE POWER TO CUSTOMERS IN A COURTEOUS AND TIMELY MANNER.

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROVIDE ELECTRIC POWER SERVICE TO MEMBERS OF THE ASSOCIATION.
    Expenses $148,892,479 · revenue $148,024,152

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
64-0300045
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1965
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$295,152,965
Income (IRS master file)
$151,735,196

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$151,735,196$148,892,479$295,152,965IRS
990June 2024$140,220,095$136,354,642$269,722,624XML
990June 2023$142,343,736$136,760,738$228,436,980IRS
990June 2022$125,968,963$116,458,816$185,941,805IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about NORTHCENTRAL ELECTRIC COOPERATIVE

What is the EIN of NORTHCENTRAL ELECTRIC COOPERATIVE?
The employer identification number (EIN) of NORTHCENTRAL ELECTRIC COOPERATIVE is 64-0300045.
Is NORTHCENTRAL ELECTRIC COOPERATIVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1965.
Are donations to NORTHCENTRAL ELECTRIC COOPERATIVE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NORTHCENTRAL 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 NORTHCENTRAL 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 NORTHCENTRAL 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 NORTHCENTRAL ELECTRIC COOPERATIVE?
The 990 for the year ended June 30, 2025 names WILLIAM K DODDRIDGE.
Who are the officers and directors of NORTHCENTRAL ELECTRIC COOPERATIVE?
The 990 for the year ended June 30, 2025 lists 15 people; 15 received compensation from the organization, the highest $585,542 (WILLIAM K DODDRIDGE, GENERAL MANA).
How much revenue does NORTHCENTRAL ELECTRIC COOPERATIVE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $151,735,196, expenses of $148,892,479 and total assets of $295,152,965 at year end.

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