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  3. Newberry Electric Cooperative
EIN 57-0216285

Newberry Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
47
City
Newberry
State
South Carolina
Year formed
1940
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
To provide the best Electric service to all who desire it within the system service area at the lowest price consistent with the highest standards of service.
Total revenues
$48,559,358
2023
Total expenses
$48,559,358
2023
Total assets
$100,587,926
2023
Num. employees
47
2023

Program areas at Newberry Electric Cooperative

Electric service to members

Who funds Newberry Electric Cooperative

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Central Electric Power CooperativeEconomic Development$1,500,000
South Carolina Power TeamStrategic Planning$25,000

Personnel at Newberry Electric Cooperative

NameTitleCompensation
Keith AveryPresident and Chief Executive Officer
Arthur GuyManager of Finance and Accounting$157,500
Robert ShealyVice President - Operations$111,588
Debra ShawVice President of Public Service$118,034
Leann H. HuttoVice President of Human Resources$117,068
...and 5 more key personnel

Financials for Newberry Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$48,441,249
Investment income and dividends$54,065
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
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$64,044
Total revenues$48,559,358

Form 990s for Newberry Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-05990View PDF
2022-122023-03-02990View PDF
2021-122022-05-05990View PDF
2020-122021-05-05990View PDF
2019-122020-08-11990View PDF
...and 13 more Form 990s

Organizations like Newberry Electric Cooperative

OrganizationLocationRevenue
Minnesota Valley Electric CooperativeJordan, MN$108,564,734
Three Rivers Electric CooperativeLinn, MO$48,189,109
Se-Ma-No Electric CooperativeMansfield, MO$13,068,301
Eastern Iowa Light and Power CooperativeWilton, IA$68,261,552
Butler County Rural Electric CooperativeAllison, IA$34,257,753
Laclede Electric CooperativeLebanon, MO$74,741,807
Lake Country PowerCohasset, MN$110,408,177
Homer Electric AssociationHomer, AK$109,015,250
Escambia River Electric Cooperative (EREC)Jay, FL$33,191,393
Southern Pine Electric CooperativeBrewton, AL$60,293,022
Data update history
November 21, 2024
Updated personnel
Identified 3 new personnel
August 16, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 2 new personnel
May 18, 2024
Used new vendors
Identified 1 new vendor, including
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 477
Newberry, SC 29108
County
Newberry County, SC
Website URL
nec.coop/ 
Phone
(803) 276-1121
IRS details
EIN
57-0216285
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1940
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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