Skip to content
ProPublica Donate
ProPublica Donate

Newton County Rural Electric Membership Corporation

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2024 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$7.63M (2024)

Expenses
$7.3M (2024)

Total Assets
$12.5M (2024)

Total Liabilities
$4.25M (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,626,034
Expenses
$7,301,004
Net Income
$325,030
Net Assets
$8,263,006
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,375,985
96.7%
Investment Income $5,438
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $244,611
3.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $158,724
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $108,418
1.5%
Assets/Debt
Total Assets $12,512,294
Total Liabilities $4,249,288
Net Assets $8,263,006
Club or Co-Op Income
Income From Members $7,375,985
Income From Other Sources $250,049
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Brent Welsh (General Manager) $121,156 $0 $37,568
Michel T Sheets (Line Superintendent) $114,410 $0 $32,935
Troy Burton (Line Foreman) $106,597 $0 $43,782
Brent Creek (Director) $7,150 $0 $0
Mark Jefvert (Secretary/Treasurer) $6,000 $0 $0
Rick Risley (Director) $6,000 $0 $0
Ronald E Summers (Director) $6,000 $0 $0
Brian C Johnson (President) $5,200 $0 $0
H Michael Cooley (Vice President) $5,200 $0 $0
Kevin J Durham (Director) $4,800 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,419,160
Expenses
$6,999,807
Net Income
$419,353
Net Assets
$7,976,493
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,296,428
98.3%
Investment Income $5,347
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $9,500
0.1%
Net Inventory Sales $0
Other Revenue $107,885
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $264,861
3.8%
Assets/Debt
Total Assets $12,170,497
Total Liabilities $4,194,004
Net Assets $7,976,493
Club or Co-Op Income
Income From Members $7,296,428
Income From Other Sources $122,732
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Brent Welsh (General Manager) $120,417 $0 $25,471
Michel Sheets (Line Superintendent) $109,226 $0 $32,221
Brent Creek (Director) $4,750 $0 $0
Rick Risley (President) $4,000 $0 $0
H Michael Cooley (Vice President) $4,000 $0 $0
Mark Jefvert (Secretary/Treasurer) $4,000 $0 $0
Brian Johnson (Director) $4,000 $0 $0
Kevin Durham (Director) $4,000 $0 $0
H Scott Clark (Director) $2,000 $0 $0
Ronald Summers (Director) $1,200 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,127,919
Expenses
$6,891,121
Net Income
$236,798
Net Assets
$7,575,590
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,001,245
98.2%
Investment Income $6,652
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $120,022
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $258,140
3.7%
Assets/Debt
Total Assets $11,699,433
Total Liabilities $4,123,843
Net Assets $7,575,590
Club or Co-Op Income
Income From Members $7,001,245
Income From Other Sources $126,674
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Mike Butler (Former General Manager) $128,105 $0 $5,282
Michel Sheets (Line Superintendent) $100,366 $0 $30,244
Rick Risley (President) $6,400 $0 $0
Mark Jefvert (Secretary/Treasurer) $6,400 $0 $0
Brian Johnson (Director) $6,400 $0 $0
H Michael Cooley (Vice President) $5,600 $0 $0
H Scott Clark (Director) $5,200 $0 $0
Kevin Durham (Director) $5,200 $0 $0
Brent Creek (Director) $4,700 $0 $0
David Cox (Director) $1,600 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,247,740
Expenses
$6,501,982
Net Income
$745,758
Net Assets
$7,418,592
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,852,545
94.5%
Investment Income $5,343
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $389,852
5.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $251,993
3.9%
Assets/Debt
Total Assets $10,973,742
Total Liabilities $3,555,150
Net Assets $7,418,592
Club or Co-Op Income
Income From Members $7,075,297
Income From Other Sources $172,443
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Mike Butler (General Manager) $123,148 $0 $55,498
James Evers (Line Superintendent) $101,821 $0 $29,175
David Cox (Secretary / Treasurer) $6,500 $0 $0
Rick Risley (President) $6,400 $0 $0
Mark Jefvert (Director) $5,600 $0 $0
Brian C Johnson (Director) $5,600 $0 $0
H Scott Clark (Director) $5,600 $0 $0
H Michael Cooley (Vice President) $5,600 $0 $0
Kevin Durham (Director) $5,200 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,578,118
Expenses
$6,254,596
Net Income
$323,522
Net Assets
$6,798,952
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,376,195
96.9%
Investment Income $5,351
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $196,572
3.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $242,905
3.9%
Assets/Debt
Total Assets $9,914,833
Total Liabilities $3,115,881
Net Assets $6,798,952
Club or Co-Op Income
Income From Members $6,376,195
Income From Other Sources $201,923
Compensation
Key Employees and Officers Compensation Related Other
Mike Butler (General Manager) $113,988 $0 $17,738
David Cox (Secretary / Treasurer) $5,925 $0 $0
Rick Risley (President) $5,025 $0 $0
Mark Jefvert (Director) $4,625 $0 $0
Kevin Durham (Director) $4,625 $0 $0
H Scott Clark (Director) $3,975 $0 $0
H Michael Cooley (Vice President) $3,975 $0 $0
Roy Cooper (Director) $2,275 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,252,979
Expenses
$5,858,276
Net Income
$394,703
Net Assets
$6,562,145
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,077,307
97.2%
Investment Income $5,347
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $170,325
2.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $157,042
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $69,335
1.2%
Assets/Debt
Total Assets $9,430,806
Total Liabilities $2,868,661
Net Assets $6,562,145
Club or Co-Op Income
Income From Members $6,077,307
Income From Other Sources $175,672
Compensation
Key Employees and Officers Compensation Related Other
Mike Butler (General Manager) $108,265 $0 $18,777
David Cox (Secretary / Treasurer) $5,700 $0 $0
Rick Risley (President) $4,500 $0 $0
Mark Jefvert (Director) $4,500 $0 $0
H Scott Clark (Director) $3,900 $0 $0
H Michael Cooley (Vice President) $3,900 $0 $0
Kevin Durham (Director) $3,900 $0 $0
Roy Cooper (Director) $3,600 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,736,569
Expenses
$5,286,728
Net Income
$449,841
Net Assets
$6,236,285
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,568,220
97.1%
Investment Income $6,669
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $7,000
0.1%
Net Inventory Sales $0
Other Revenue $154,680
2.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $148,884
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $72,386
1.4%
Assets/Debt
Total Assets $8,846,475
Total Liabilities $2,610,190
Net Assets $6,236,285
Club or Co-Op Income
Income From Members $5,568,220
Income From Other Sources $168,349

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,646,375
Expenses
$5,339,892
Net Income
$306,483
Net Assets
$5,847,949
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,469,562
96.9%
Investment Income $9,016
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $7,000
0.1%
Net Inventory Sales $0
Other Revenue $160,797
2.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $124,367
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $90,288
1.7%
Assets/Debt
Total Assets $8,277,840
Total Liabilities $2,429,891
Net Assets $5,847,949
Club or Co-Op Income
Income From Members $5,469,562
Income From Other Sources $176,813

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,669,624
Expenses
$5,292,332
Net Income
$377,292
Net Assets
$5,573,294
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,534,599
97.6%
Investment Income $7,022
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $128,003
2.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $122,083
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $77,910
1.5%
Assets/Debt
Total Assets $8,006,833
Total Liabilities $2,433,539
Net Assets $5,573,294
Club or Co-Op Income
Income From Members $5,168,989
Income From Other Sources $135,055

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,297,994
Expenses
$4,897,982
Net Income
$400,012
Net Assets
$5,197,899
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,168,969
97.6%
Investment Income $5,819
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $6,432
0.1%
Net Inventory Sales $0
Other Revenue $116,774
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $118,330
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $78,851
1.6%
Assets/Debt
Total Assets $7,666,258
Total Liabilities $2,468,359
Net Assets $5,197,899
Club or Co-Op Income
Income From Members $5,168,989
Income From Other Sources $129,025

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,178,823
Expenses
$4,890,176
Net Income
$288,647
Net Assets
$4,797,757
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,039,378
97.3%
Investment Income $5,425
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$521
Net Inventory Sales $0
Other Revenue $134,541
2.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $108,889
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $77,569
1.6%
Assets/Debt
Total Assets $7,323,220
Total Liabilities $2,525,463
Net Assets $4,797,757
Club or Co-Op Income
Income From Members $5,039,378
Income From Other Sources $139,445

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,850,611
Expenses
$4,529,817
Net Income
$320,794
Net Assets
$4,513,362
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,765,053
98.2%
Investment Income $5,343
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,500
0.0%
Net Inventory Sales $0
Other Revenue $78,715
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $103,789
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $74,722
1.6%
Assets/Debt
Total Assets $6,380,864
Total Liabilities $1,867,502
Net Assets $4,513,362
Club or Co-Op Income
Income From Members $4,765,053
Income From Other Sources $85,558

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,432,474
Expenses
$4,203,409
Net Income
$229,065
Net Assets
$4,192,568
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,332,592
97.7%
Investment Income $5,351
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $94,531
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $122,678
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $86,271
2.1%
Assets/Debt
Total Assets $6,123,213
Total Liabilities $1,930,645
Net Assets $4,192,568
Club or Co-Op Income
Income From Members $4,332,592
Income From Other Sources $99,882

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,138,021
Expenses
$3,956,580
Net Income
$181,441
Net Assets
$3,963,679
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,014,811
97.0%
Investment Income $5,347
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $43,420
1.0%
Net Inventory Sales $0
Other Revenue $74,443
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $115,198
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $50,672
1.3%
Assets/Debt
Total Assets $5,838,117
Total Liabilities $1,874,438
Net Assets $3,963,679
Club or Co-Op Income
Income From Members $4,014,811
Income From Other Sources $123,210

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us