Pioneer Electric Cooperative INC

Greenville, Alabama

B-Health Score
52B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 22 peers in Mutual & Membership Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.89×
Peer Median10.70×
💰
$33.0M
Total Revenue
📊
$33.1M
Total Expenses
🏦
$29.6M
Net Assets
📋
$59.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.3%
Year-over-year change (2022 → 2023)
Net Margin
-0.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.89
Net assets divided by total expenses
Liabilities-to-Assets
66.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$32,980,0005%$33,100,4896%$88,712,3861%
2022$31,309,1478%$31,109,1477%$89,358,1652%
2021$29,119,2422%$29,119,2422%$91,310,2135%
2020$28,543,0904%$28,543,0904%$87,240,0189%
2019$29,715,1582%$29,715,1582%$80,370,3213%
2018$29,265,3294%$29,265,3294%$77,849,606
2017$28,157,8244%$28,157,8244%$77,674,071
2016$29,244,7561%$29,244,7561%$77,800,3921%
2015$29,610,0272%$29,610,0272%$76,940,6411%
2014$30,317,5435%$30,317,5435%$76,412,2521%
2013$28,905,1702%$28,905,1702%$75,319,3374%
2012$29,430,2596%$29,430,2596%$72,303,7138%
2011$31,403,258$31,403,258$67,005,751

Frequently Asked Questions

What does Pioneer Electric Cooperative INC do?

Pioneer Electric Cooperative INC is a mutual & membership benefit nonprofit organization based in Alabama. It is classified under NTEE code Y22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Pioneer Electric Cooperative INC financially healthy?

Based on our 9-metric Financial Health Score model, Pioneer Electric Cooperative INC has a score of 52/100 (Grade: B-). 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 Pioneer Electric Cooperative INC generate?

Pioneer Electric Cooperative INC reports $35.6M in annual revenue and holds $87.7M in total assets, based on IRS filings.

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