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Appalachian Electric Cooperative

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.

Summary charts: organization finances over time

Revenue
$126M (2023)

Expenses
$122M (2023)

Total Assets
$279M (2023)

Total Liabilities
$156M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits 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.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2024

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$126,269,477
Expenses
$121,793,443
Net Income
$4,476,034
Net Assets
$123,180,718
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $119,623,655
94.7%
Investment Income $540,029
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $6,105,793
4.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $509,461
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $6,892,920
5.7%
Assets/Debt
Total Assets $279,058,188
Total Liabilities $155,877,470
Net Assets $123,180,718
Club or Co-Op Income
Income From Members $118,244,118
Income From Other Sources $6,645,822
Compensation
Key Employees and Officers Compensation Related Other
Greg Williams (General Manager) $203,083 $0 $0
Joe Mccarter (Vp Of Engineering) $156,211 $0 $0
Conard Frye (Vp Of Admin) $150,167 $0 $0
James Chambers (Operating Supervisor) $142,080 $0 $0
David Morgan (Operating Supervisor) $131,288 $0 $0
Adam Newcomb (Director Of Engineerin) $127,183 $0 $0
Brad Watson (Foreman) $124,530 $0 $0
Dale Fain (President) $19,877 $0 $0
John Austin (Secretary Treasurer) $17,614 $0 $0
Mike Norton (Director) $15,744 $0 $0
Sue Mcbee (Director) $15,704 $0 $0
Gary Jett (Director) $15,504 $0 $0
Randy Baxley (Director) $15,364 $0 $0
Mike Hicks (Director) $15,354 $0 $0
Mark Isom (Vice President) $14,773 $0 $0
Tim Collins (Director) $14,474 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$119,028,278
Expenses
$111,416,882
Net Income
$7,611,396
Net Assets
$118,812,028
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $114,106,610
95.9%
Investment Income $345,306
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,576,362
3.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $498,860
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $7,063,957
6.3%
Assets/Debt
Total Assets $242,163,198
Total Liabilities $123,351,170
Net Assets $118,812,028
Club or Co-Op Income
Income From Members $4,576,362
Income From Other Sources $345,306
Compensation
Key Employees and Officers Compensation Related Other
Greg Williams (General Manager) $202,248 $0 $67,812
Joe Mccarter (Vp Of Engineering) $151,796 $0 $77,152
Conard Frye (Vp Of Admin) $144,816 $0 $76,236
Dexter Lowe (Lineman) $125,688 $0 $13,624
Adam Newcomb (Director Of Engineerin) $120,491 $0 $52,449
James Chambers (Operating Supervisor) $119,531 $0 $34,498
Brad Watson (Foreman) $116,530 $0 $32,594
Dale Fain (President) $16,983 $0 $0
John Austin (Secretary Treasurer) $15,059 $0 $0
Mike Hicks (Director) $14,289 $0 $0
Sue Mcbee (Director) $14,269 $0 $0
Randy Baxley (Director) $14,259 $0 $0
Gary Jett (Director) $13,839 $0 $0
Mark Isom (Vice President) $13,270 $0 $0
Tim Collins (Director) $13,049 $0 $0
Mike Norton (Director) $12,489 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$108,598,069
Expenses
$103,184,968
Net Income
$5,413,101
Net Assets
$110,501,307
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $105,860,013
97.5%
Investment Income $282,452
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,455,604
2.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $495,610
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $6,167,252
6.0%
Assets/Debt
Total Assets $212,080,589
Total Liabilities $101,579,282
Net Assets $110,501,307
Club or Co-Op Income
Income From Members $2,455,604
Income From Other Sources $282,452
Compensation
Key Employees and Officers Compensation Related Other
Greg Williams (General Manager) $189,246 $0 $0
Joe Mccarter (Vp Of Engineering) $143,633 $0 $0
Conard Frye (Vp Of Admin) $139,069 $0 $0
Adam Newcomb (Director Of Engineerin) $117,780 $0 $0
Brad Watson (Foreman) $115,503 $0 $0
James Chambers (Operating Supervisor) $112,767 $0 $0
Dexter Lowe (Lineman) $111,157 $0 $0
Jim Greer (Director Of Operations) $109,117 $0 $0
Dale Fain (President) $16,650 $0 $0
John Austin (Secretary Treasurer) $14,166 $0 $0
Gary Jett (Director) $13,946 $0 $0
Sue Mcbee (Director) $13,626 $0 $0
Randy Baxley (Director) $13,576 $0 $0
Mark Isom (Vice President) $13,407 $0 $0
Tim Collins (Director) $13,243 $0 $0
Mike Hicks (Director) $13,176 $0 $0
Eric Fritz (Director) $9,290 $0 $0
Mike Norton (Director) $3,377 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$106,007,238
Expenses
$103,433,077
Net Income
$2,574,161
Net Assets
$104,945,050
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $103,350,600
97.5%
Investment Income $393,612
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,263,027
2.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $467,686
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $6,904,954
6.7%
Assets/Debt
Total Assets $195,430,777
Total Liabilities $90,485,727
Net Assets $104,945,050
Club or Co-Op Income
Income From Members $2,263,027
Income From Other Sources $393,612

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$108,549,898
Expenses
$105,875,567
Net Income
$2,674,331
Net Assets
$101,835,963
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $106,068,761
97.7%
Investment Income $385,288
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,095,850
1.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $445,829
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $6,073,062
5.7%
Assets/Debt
Total Assets $178,026,528
Total Liabilities $76,190,565
Net Assets $101,835,963
Club or Co-Op Income
Income From Members $2,095,850
Income From Other Sources $385,288

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$108,138,614
Expenses
$104,379,233
Net Income
$3,759,381
Net Assets
$99,217,740
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $105,814,269
97.9%
Investment Income $286,572
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,037,773
1.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $526,393
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $5,047,250
4.8%
Assets/Debt
Total Assets $170,999,015
Total Liabilities $71,781,275
Net Assets $99,217,740
Club or Co-Op Income
Income From Members $105,814,269
Income From Other Sources $286,572

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$103,896,961
Expenses
$101,275,192
Net Income
$2,621,769
Net Assets
$95,281,458
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $101,211,439
97.4%
Investment Income $823,913
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,861,609
1.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $450,512
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $5,314,539
5.2%
Assets/Debt
Total Assets $164,135,750
Total Liabilities $68,854,292
Net Assets $95,281,458
Club or Co-Op Income
Income From Members $101,211,439
Income From Other Sources $823,913

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$100,824,925
Expenses
$97,284,416
Net Income
$3,540,509
Net Assets
$92,675,798
Notable Sources of Revenue Percent of Total Revenue
Contributions $900,000
0.9%
Program Services $97,243,302
96.4%
Investment Income $937,717
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,743,906
1.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $426,471
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $5,675,057
5.8%
Assets/Debt
Total Assets $157,192,314
Total Liabilities $64,516,516
Net Assets $92,675,798
Club or Co-Op Income
Income From Members $97,243,302
Income From Other Sources $937,717

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$105,137,286
Expenses
$102,074,395
Net Income
$3,062,891
Net Assets
$90,057,787
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $102,443,481
97.4%
Investment Income $735,068
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,958,737
1.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $423,470
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $5,579,268
5.5%
Assets/Debt
Total Assets $157,345,827
Total Liabilities $67,288,040
Net Assets $90,057,787
Club or Co-Op Income
Income From Members $102,443,481
Income From Other Sources $735,068

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$105,519,937
Expenses
$101,491,933
Net Income
$4,028,004
Net Assets
$86,953,595
Notable Sources of Revenue Percent of Total Revenue
Contributions $195,115
0.2%
Program Services $102,433,186
97.1%
Investment Income $766,841
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,124,795
2.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $408,951
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $5,668,679
5.6%
Assets/Debt
Total Assets $156,466,025
Total Liabilities $69,512,430
Net Assets $86,953,595
Club or Co-Op Income
Income From Members $102,433,186
Income From Other Sources $766,841

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$99,821,953
Expenses
$97,229,411
Net Income
$2,592,542
Net Assets
$84,317,893
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $97,584,939
97.8%
Investment Income $661,523
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,558,970
1.6%
Net Fundraising $0
Sales of Assets $16,521
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $415,384
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $5,773,290
5.9%
Assets/Debt
Total Assets $152,993,573
Total Liabilities $68,675,680
Net Assets $84,317,893
Club or Co-Op Income
Income From Members $97,584,939
Income From Other Sources $661,523

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$96,119,474
Expenses
$92,479,424
Net Income
$3,640,050
Net Assets
$81,725,351
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $94,330,951
98.1%
Investment Income $294,637
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,493,886
1.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $411,501
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $147,748,711
Total Liabilities $66,023,360
Net Assets $81,725,351
Club or Co-Op Income
Income From Members $94,330,951
Income From Other Sources $294,637

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$99,455,181
Expenses
$96,706,368
Net Income
$2,748,813
Net Assets
$78,073,101
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $97,738,299
98.3%
Investment Income $264,294
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,452,588
1.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $402,952
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $143,825,730
Total Liabilities $65,752,629
Net Assets $78,073,101
Club or Co-Op Income
Income From Members $97,738,299
Income From Other Sources $264,294

Document Links

Fiscal Year Ending June
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 June
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 June
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 June
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 June
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 June
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

About 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.

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