Nonprofit · EIN 64-0300045
NORTHCENTRAL ELECTRIC COOPERATIVE
Tax-exempt · OLIVE BRANCH, MS 38654
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $151,735,196 | $148,892,479 | $2,842,717 | $295,152,965 | $170,122,640 | $125,030,325 |
| June 30, 2024 | 990 | $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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| WILLIAM K DODDRIDGE | GENERAL MANA Key employee | 48 | $585,542 | $0 | $121,395 |
| MARK NICHOLS | DIRECTOR OF Highest-paid employee | 40 | $289,840 | $0 | $76,728 |
| JONATHAN COX | DIRECTOR OF Highest-paid employee | 45 | $222,072 | $0 | $77,505 |
| LARRY JOHNSON | DIRECTOR OF Highest-paid employee | 54 | $217,983 | $0 | $73,803 |
| JAKE BELLIPANNI | DIRECTOR OF Highest-paid employee | 30 | $208,677 | $0 | $77,505 |
| DARIN FARLEY | DIRECTOR OF Highest-paid employee | 50 | $196,533 | $0 | $66,487 |
| RICKY JONES | BOARD MEMBER Trustee or director | 8.4 | $24,800 | $3,000 | $0 |
| TONY TAYLOR | BOARD MEMBER Trustee or director | 9.21 | $23,800 | $3,000 | $0 |
| PAT WOODS | PRESIDENT Trustee or director, Officer | 5.13 | $21,300 | $3,000 | $0 |
| PHIL LACHAUSSEE | BOARD MEMBER Trustee or director | 3.5 | $19,300 | $3,000 | $0 |
| DON DICKERSON | SECRETARY Trustee or director, Officer | 5.06 | $18,800 | $3,000 | $0 |
| JULIE NIBLETT | BOARD MEMBER Trustee or director | 3.76 | $18,800 | $3,000 | $0 |
| MORRIS THOMPSON | BOARD MEMBER Trustee or director | 4.45 | $18,800 | $3,000 | $0 |
| JERRY NICHOLS | VICE PRESIDE Trustee or director, Officer | 2.73 | $16,300 | $3,000 | $0 |
| PATRICIAN GRIFFIN | BOARD MEMBER Trustee or director | 6.74 | $13,050 | $2,250 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM K DODDRIDGE | GENERAL MANA Key employee | 38 | $456,883 | $113,819 |
| MARK NICHOLS | DIRECTOR OF Highest-paid employee | 32 | $250,752 | $71,812 |
| DARIN FARLEY | DIRECTOR OF Highest-paid employee | 40 | $246,135 | $61,865 |
| JONATHAN COX | DIRECTOR OF Highest-paid employee | 40 | $220,090 | $71,189 |
| LARRY JOHNSON | DIRECTOR OF Highest-paid employee | 40 | $214,622 | $71,922 |
| JAKE BELLIPANNI | DIRECTOR OF Highest-paid employee | 32 | $194,372 | $71,189 |
| MORRIS THOMPSON | BOARD MEMBER Trustee or director | 3.22 | $29,000 | $0 |
| DON DICKERSON | SECRETARY Trustee or director, Officer | 2.21 | $28,000 | $0 |
| TONY TAYLOR | BOARD MEMBER Trustee or director | 6.19 | $28,000 | $0 |
| PAT WOODS | PRESIDENT Trustee or director, Officer | 3.33 | $27,500 | $0 |
| RICKY JONES | BOARD MEMBER Trustee or director | 4.3 | $27,000 | $0 |
| JULIE NIBLETT | BOARD MEMBER Trustee or director | 5.08 | $27,000 | $0 |
| PHIL LACHAUSSEE | BOARD MEMBER Trustee or director | 3.32 | $25,500 | $0 |
| JERRY NICHOLS | VICE PRESIDE Trustee or director, Officer | 1.31 | $21,000 | $0 |
| KIMBERLY GORDON | BOARD MEMBER Trustee or director | 0.96 | $15,000 | $0 |
| PATRICIAN GRIFFIN | BOARD 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
- Website
- WWW.NORTHCENTRALELECTRIC.COM
- Return prepared by
- FRANKS FRANKS WILEMON & HAGOOD PA
Mission
TO BRING SAFE, RELIABLE, AND AFFORDABLE POWER TO CUSTOMERS IN A COURTEOUS AND TIMELY MANNER.
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 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
- 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $151,735,196 | $148,892,479 | $295,152,965 | IRS |
| 990 | June 2024 | $140,220,095 | $136,354,642 | $269,722,624 | XML |
| 990 | June 2023 | $142,343,736 | $136,760,738 | $228,436,980 | IRS |
| 990 | June 2022 | $125,968,963 | $116,458,816 | $185,941,805 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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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