Norris Electric Cooperative
Newton, Illinois
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 111 peers in Unclassified with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $51,604,627↑9% | $50,077,264↑4% | $142,761,430↑6% | — |
| 2022 | $47,152,276↑8% | $47,922,352↑15% | $134,097,088↑9% | — |
| 2021 | $43,756,656↑9% | $41,658,063↑7% | $122,679,839↑9% | — |
| 2020 | $39,962,096↓3% | $38,767,404 | $112,130,663↑12% | — |
| 2019 | $41,106,281↓17% | $38,696,559↓14% | $100,142,863↑5% | — |
| 2018 | $49,330,858↑5% | $45,139,876↑3% | $95,011,451↑8% | — |
| 2017 | $46,933,143↑5% | $43,679,585↑3% | $87,628,235↑3% | — |
| 2016 | $44,545,519↑2% | $42,207,859↑7% | $84,920,086↑4% | — |
| 2015 | $43,748,035↓3% | $39,536,693↓2% | $81,518,124↑4% | — |
| 2014 | $45,139,323↑13% | $40,207,128↑8% | $78,328,770↑6% | — |
| 2013 | $39,971,676↑17% | $37,070,694↑25% | $73,807,003↑6% | — |
| 2012 | $34,038,977↑10% | $29,603,910↓2% | $69,796,678↑7% | — |
| 2011 | $30,949,886 | $30,055,706 | $64,986,493 | — |
Frequently Asked Questions
What does Norris Electric Cooperative do?▼
Norris Electric Cooperative is a unclassified nonprofit organization based in Illinois. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Norris Electric Cooperative financially healthy?▼
Based on our 9-metric Financial Health Score model, Norris Electric Cooperative has a score of 75/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Norris Electric Cooperative generate?▼
Norris Electric Cooperative reports $53.3M in annual revenue and holds $147.3M in total assets, based on IRS filings.
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