PROPUBLICA Fearless Reporting for an Informed Society — Join Us.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

Ashley Chicot Electric Cooperative Inc

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
$12M (2023)

Expenses
$12M (2023)

Total Assets
$46.2M (2023)

Total Liabilities
$25.5M (2023)

Source: Form 990 tax filings from 2011 to 2023

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.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,985,900
Expenses
$11,985,900
Net Income
$0
Net Assets
$20,747,488
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,631,690
97.0%
Investment Income $109,250
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $244,960
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $167,186
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $46,229,416
Total Liabilities $25,481,928
Net Assets $20,747,488
Club or Co-Op Income
Income From Members $11,765,522
Income From Other Sources $587,848
Compensation
Key Employees and Officers Compensation Related Other
Rodney Chapman (General Manager) $126,632 $0 $93,361
Thomas Wells (Operations Manager) $125,680 $0 $79,150
Marcus Collins (Lead Service Man) $112,004 $0 $69,168
Frank Dodson (Construction Forman) $102,222 $0 $58,758
Martha Pennington (Secretary) $11,135 $0 $9,066
Andrew Hartshorn (Director) $10,513 $0 $8,170
David Lynn (Director) $6,934 $0 $3,342
Justin Green (Director) $4,964 $0 $2,202
Mark Pieroni (Vice President) $3,884 $0 $1,728
Emory Austin (President) $2,036 $0 $0
Richard Stock (Director) $1,089 $0 $0
Mike Huggins (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,513,079
Expenses
$13,513,079
Net Income
$0
Net Assets
$19,747,810
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,147,171
97.3%
Investment Income $97,137
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $27,510
0.2%
Net Inventory Sales $0
Other Revenue $241,261
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $162,713
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $14,604
0.1%
Assets/Debt
Total Assets $43,086,261
Total Liabilities $23,338,451
Net Assets $19,747,810
Club or Co-Op Income
Income From Members $12,950,412
Income From Other Sources $562,667
Compensation
Key Employees and Officers Compensation Related Other
Rodney Chapman (General Manager) $122,155 $0 $91,914
Thomas Wells (Operations Manager) $114,535 $0 $70,553
Harriet Erwin (Accountant) $106,629 $0 $22,496
Marcus Collins (Lead Service Man) $102,616 $0 $71,895
Martha Pennington (Secretary) $11,265 $0 $9,055
David Lynn (Director) $8,215 $0 $3,676
Justin Green (Director) $5,964 $0 $2,148
Andrew Hartshorn (Director) $5,688 $0 $3,032
Mark Pieroni (Vice President) $4,629 $0 $1,998
Emory Austin (President) $2,652 $0 $0
Richard Stock (Director) $2,147 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,933,884
Expenses
$11,933,884
Net Income
$0
Net Assets
$19,099,459
Notable Sources of Revenue Percent of Total Revenue
Contributions $353,709
3.0%
Program Services $11,234,010
94.1%
Investment Income $99,152
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $13,000
0.1%
Net Inventory Sales $0
Other Revenue $234,013
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $156,269
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $51,997
0.4%
Assets/Debt
Total Assets $39,523,502
Total Liabilities $20,424,043
Net Assets $19,099,459
Club or Co-Op Income
Income From Members $11,000,699
Income From Other Sources $933,185
Compensation
Key Employees and Officers Compensation Related Other
Rodney Chapman (General Manager) $114,754 $0 $63,091
Mark Pieroni (Director) $10,016 $0 $8,066
Dennis Holland (Secretary Treasurer) $7,836 $0 $3,936
Martha Pennington (Vice President) $6,581 $0 $4,181
David Lynn (Director) $6,215 $0 $3,215
Jerry Pahal (Director) $5,617 $0 $4,267
Emory Austin (President) $2,550 $0 $0
Richard Stock (Director) $1,800 $0 $0
Justin Green (Director) $900 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,520,663
Expenses
$10,520,663
Net Income
$0
Net Assets
$18,758,367
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,973,915
94.8%
Investment Income $188,532
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $25,500
0.2%
Net Inventory Sales $0
Other Revenue $332,716
3.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $113,694
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $98,081
0.9%
Assets/Debt
Total Assets $37,577,640
Total Liabilities $18,819,273
Net Assets $18,758,367
Club or Co-Op Income
Income From Members $9,773,649
Income From Other Sources $747,014
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rodney Chapman (General Manager) $113,694 $17,372 $54,519
David Lynn (Director) $2,700 $0 $1,480
Martha Pennington (Vice President) $2,550 $19,828 $3,168
Emory Austin (President) $2,400 $0 $0
Dennis Holland (Secretary Treasurer) $2,400 $0 $3,642
Jerry Pahal (Director) $2,400 $16,586 $3,741
Mark Pieroni (Director) $2,100 $0 $7,393
Richard Stock (Director) $1,800 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,128,542
Expenses
$10,128,542
Net Income
$0
Net Assets
$18,709,735
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,658,574
95.4%
Investment Income $238,252
2.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $8,000
0.1%
Net Inventory Sales $0
Other Revenue $223,716
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $112,270
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $77,270
0.8%
Assets/Debt
Total Assets $38,125,123
Total Liabilities $19,415,388
Net Assets $18,709,735
Club or Co-Op Income
Income From Members $9,516,299
Income From Other Sources $612,243
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rodney Chapman (General Manager) $112,270 $34,394 $47,782
David Lynn (Director) $3,750 $0 $1,365
Dennis Holland (Secretary Treasurer) $3,450 $15,228 $3,166
Emory Austin (President) $3,300 $0 $0
Mark Pieroni (Director) $2,250 $0 $8,541
Martha Pennington (Vice President) $1,950 $34,651 $2,961
Jerry Pahal (Director) $1,950 $14,732 $2,958
Richard Stock (Director) $900 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,839,663
Expenses
$10,839,663
Net Income
$0
Net Assets
$18,144,090
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,397,656
95.9%
Investment Income $226,988
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $28,750
0.3%
Net Inventory Sales $0
Other Revenue $186,269
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $110,961
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $82,985
0.8%
Assets/Debt
Total Assets $38,138,732
Total Liabilities $19,994,642
Net Assets $18,144,090
Club or Co-Op Income
Income From Members $10,187,765
Income From Other Sources $651,898
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rodney Chapman (General Manager) $110,961 $27,583 $49,404
David Lynn (Director) $3,600 $0 $7,007
Mark Peroni (Director) $3,000 $0 $5,577
Jerry Pahal (Director) $2,850 $0 $3,070
Dennis Holland (Vice President) $2,550 $24,706 $3,166
Emory Austin (President) $2,400 $1,902 $0
Martha Pennington (Secretary Treasurer) $2,250 $22,784 $6,910
Richard Stock (Director) $1,200 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,691,276
Expenses
$9,691,276
Net Income
$0
Net Assets
$17,011,595
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,307,169
96.0%
Investment Income $182,037
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $26,000
0.3%
Net Inventory Sales $0
Other Revenue $176,070
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $201,508
2.1%
Assets/Debt
Total Assets $36,223,384
Total Liabilities $19,211,789
Net Assets $17,011,595
Club or Co-Op Income
Income From Members $9,104,978
Income From Other Sources $586,298
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rodney Chapman (General Manager) $110,970 $32,178 $92,786
Jerry Pahal (Director) $3,300 $0 $2,813
Emory Austin (President) $3,150 $12,422 $0
David Lynn (Director) $3,000 $0 $7,361
Dennis Holland (Secretary Treasurer) $2,550 $0 $3,474
Mark Peroni (Director) $2,250 $0 $7,012
Martha Pennington (Vice President) $1,800 $25,686 $6,571
Richard Stock (Director) $1,200 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,042,706
Expenses
$10,042,706
Net Income
$0
Net Assets
$16,858,512
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,701,773
96.6%
Investment Income $160,478
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $11,058
0.1%
Net Inventory Sales $0
Other Revenue $169,397
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $198,856
2.0%
Assets/Debt
Total Assets $36,442,665
Total Liabilities $19,584,153
Net Assets $16,858,512
Club or Co-Op Income
Income From Members $9,560,939
Income From Other Sources $481,767
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rodney Chapman (General Manager) $109,726 $28,332 $76,811
David Lynn (Director) $3,900 $0 $0
Dennis Holland (Secretary Treasurer) $3,600 $0 $0
Jerry Pahal (Director) $3,600 $0 $0
Emory Austin (President) $2,850 $20,656 $0
Martha Pennington (Vice President) $2,400 $23,794 $0
Mark Peroni (Director) $2,400 $0 $0
Richard Stock (Director) $1,050 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,222,092
Expenses
$10,222,092
Net Income
$0
Net Assets
$16,760,817
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,906,144
96.9%
Investment Income $165,994
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $149,954
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $226,917
2.2%
Assets/Debt
Total Assets $35,243,134
Total Liabilities $18,482,317
Net Assets $16,760,817
Club or Co-Op Income
Income From Members $10,072,138
Income From Other Sources $149,954
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rodney Chapman (General Manager) $101,414 $25,419 $75,480
Martha Pennington (Vice President) $10,538 $0 $0
David Lynn (Director) $10,458 $0 $0
Jerry Pahal (Director) $7,224 $28,903 $0
Mark Pieroni (Director) $6,733 $0 $0
Dennis Holland (Secretary Treasurer) $3,450 $0 $0
Emory Austin (President) $2,550 $20,832 $0
Richard Stock (Director) $1,350 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,830,501
Expenses
$9,830,501
Net Income
$0
Net Assets
$16,202,001
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,689,696
98.6%
Investment Income $140,805
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $35,191,963
Total Liabilities $18,989,962
Net Assets $16,202,001
Club or Co-Op Income
Income From Members $9,604,721
Income From Other Sources $168,185
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rodney Chapman (Gm) $101,268 $27,418 $61,025
David Lynn (Director) $10,618 $0 $0
Martha Pennington (Vice President) $10,468 $0 $0
Jerry Pahal (Director) $9,646 $28,978 $0
Mark Pleroni (Director) $6,118 $0 $0
Dennis Holland (Sec Tres) $3,750 $0 $0
Emory Austin (President) $2,550 $19,211 $0
Richard Stock (Director) $1,200 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,344,253
Expenses
$10,344,253
Net Income
$0
Net Assets
$15,826,462
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,186,977
98.5%
Investment Income $157,276
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $34,053,559
Total Liabilities $18,227,097
Net Assets $15,826,462
Club or Co-Op Income
Income From Members $10,009,272
Income From Other Sources $324,973
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rodney Chapman (Gm) $97,355 $31,751 $69,289
David Lynn (Director) $10,721 $0 $0
Martha Pennington (Vice President) $9,864 $19,603 $0
Dennis Holland (Sec Tres) $9,469 $0 $0
Jerry Pahal (Director) $9,258 $32,594 $0
Mark Pleroni (Director) $5,818 $0 $0
Emory Austin (President) $1,650 $8,400 $0
Richard Stock (Director) $1,650 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,808,294
Expenses
$9,808,294
Net Income
$0
Net Assets
$15,179,976
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,634,578
98.2%
Investment Income $173,716
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $32,739,640
Total Liabilities $17,559,664
Net Assets $15,179,976
Club or Co-Op Income
Income From Members $9,204,156
Income From Other Sources $305,739

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,564,322
Expenses
$10,564,322
Net Income
$0
Net Assets
$14,577,461
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,362,668
98.1%
Investment Income $201,654
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $32,455,248
Total Liabilities $17,877,787
Net Assets $14,577,461
Club or Co-Op Income
Income From Members $9,966,626
Income From Other Sources $287,493

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

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 »