EIN 02-0172119

New Hampshire Electric Cooperative (NHEC)

IRS 501(c) type
501(c)(12)
Num. employees
260
City
Plymouth
Year formed
1939
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Headquartered in Plymouth, New Hampshire, New Hampshire Electric Cooperative's business is to keep, maintain and service their 5,500 miles of energized line in order to provide their members with the best possible service.
Total revenues
$183,216,707
2023
Total expenses
$185,643,480
2023
Total assets
$360,411,315
2023
Num. employees
260
2023

Program areas at NHEC

All receipts from sale of Electric energy and related service activities in excess of operating costs are received with the understanding that it is furnished by the patrons as capital. This capital shall be allocated to the Cooperative member on a patronage basis. Currently, New Hampshire Electric Cooperative, Inc. Provides Electric energy to approximately 88,000 active member services throughout New Hampshire.
The broadband division, a single member llc, provides broadband internet services through the construction of a fiber-optic network. When cumulative net margins derived from member sales of broadband internet services exceed cumulative losses from such sales, the Cooperative will allocate patronage capital to the members.

Personnel at NHEC

NameTitleCompensation
Alyssa Clemsen RobertsChief Executive Officer$472,335
Steven CamerinoPresident and Chief Executive Officer$401,183
James BakasChief Operating Officer$289,601
Kristen TaylorChief Financial Officer and Vice President of Finance$204,387
Sonja GonzalezChief Information Officer$129,869
...and 25 more key personnel

Financials for NHEC

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$183,116,343
Investment income and dividends$6,433
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$15,781
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$78,150
Total revenues$183,216,707

Form 990s for NHEC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-07990View PDF
2022-122023-05-01990View PDF
2021-122022-05-09990View PDF
2020-122021-05-26990View PDF
2020-122021-05-04990View PDF
...and 11 more Form 990s

Organizations like NHEC

OrganizationLocationRevenue
Consumers PowerPhilomath, OR$47,215,867
Sequachee Valley Electric CooperativeSouth Pittsburg, TN$112,585,937
Tideland Electric Membership CorporationPantego, NC$52,378,506
Kit Carson Electric CooperativeTaos, NM$57,387,729
Golden Valley Electric AssociationFairbanks, AK$290,488,698
Southwest Tennessee Electric Membership CorporationBrownsville, TN$132,788,370
Presque Isle Electric & Gas Co-opOnaway, MI$60,694,805
Powder River Energy CorporationSundance, WY$176,963,725
Choptank Electric CooperativeDenton, MD$183,421,421
Sulphur Springs Valley Electric CooperativeWillcox, AZ$139,123,621
Data update history
August 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 8, 2024
Updated personnel
Identified 10 new personnel
July 14, 2024
Used new vendors
Identified 1 new vendor, including
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 29, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local levelReceives government funding
General information
Address
579 Tenney Mountain Hwy
Plymouth, NH 03264
County
Grafton County, NH
Website URL
nhec.com/ 
Phone
(800) 698-2007
Facebook page
New-Hampshire-Electric-Cooperative 
Twitter profile
@nhec_outage 
IRS details
EIN
02-0172119
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1939
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Central organization
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