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Concordia 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
$27.6M (2023)

Expenses
$29.3M (2023)

Total Assets
$39.3M (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
$27,583,287
Expenses
$29,295,993
Net Income
-$1,712,706
Net Assets
$13,741,360
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $27,400,195
99.3%
Investment Income $65,526
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $115,506
0.4%
Net Inventory Sales $0
Other Revenue $2,060
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $39,282,396
Total Liabilities $25,541,036
Net Assets $13,741,360
Club or Co-Op Income
Income From Members $27,528,599
Income From Other Sources $65,526
Compensation
Key Employees and Officers Compensation Related Other
Stanley De Wayne Bailey (General Manager & Ceo) $126,521 $0 $325
Craig Mc Cully (Staking & Safety) $103,779 $0 $798
Jacques Lossin (Service Lineman) $102,003 $0 $325
Bobby Creel (Director) $20,493 $0 $0
Don Hamilton (Vice President) $12,529 $0 $0
Brenda Higdon (Secretary) $11,292 $0 $0
David Wade (President) $9,297 $0 $0
William Cockerham (Treasurer) $8,350 $0 $0
Christopher Freeman (Director) $7,809 $0 $0
Kenneth Ford (Director) $6,850 $0 $0
David Cole (Director) $5,459 $0 $0
Tracy Mae (Director) $1,975 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,883,979
Expenses
$27,527,706
Net Income
-$1,643,727
Net Assets
$15,206,565
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $25,825,974
99.8%
Investment Income $53,354
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $5,765
0.0%
Net Inventory Sales $0
Other Revenue -$1,114
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $36,997,030
Total Liabilities $21,790,465
Net Assets $15,206,565
Club or Co-Op Income
Income From Members $25,825,974
Income From Other Sources $53,354
Compensation
Key Employees and Officers Compensation Related Other
Stanley De Wayne Bailey (General Manager & Ceo) $112,420 $0 $300
Bobby Creel (Director) $26,076 $0 $0
Don Hamilton (Vice President) $15,795 $0 $0
David Wade (President) $10,950 $0 $0
Brenda Higdon (Secretary) $9,805 $0 $0
William Cockerham (Treasurer) $6,850 $0 $0
Kenneth Ford (Director) $6,850 $0 $0
David Cole (Director) $6,128 $0 $0
Christopher Freeman (Director) $5,830 $0 $0
June B Plunket (Director) $4,600 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,617,989
Expenses
$23,069,342
Net Income
-$451,353
Net Assets
$15,774,268
Notable Sources of Revenue Percent of Total Revenue
Contributions $925,386
4.1%
Program Services $21,641,249
95.7%
Investment Income $50,239
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$688
Net Inventory Sales $0
Other Revenue $1,803
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $36,746,987
Total Liabilities $20,972,719
Net Assets $15,774,268
Club or Co-Op Income
Income From Members $21,607,233
Income From Other Sources $50,239
Compensation
Key Employees and Officers Compensation Related Other
Stanley De Wayne Bailey (General Manager & Ceo) $106,477 $0 $300
Bobby Creel (Director) $24,571 $0 $0
Don Hamilton (Vice President) $14,245 $0 $0
David Wade (President) $10,146 $0 $0
Brenda Higdon (Secretary) $6,850 $0 $0
William Cockerham (Treasurer) $6,850 $0 $0
Kenneth Ford (Director) $6,475 $0 $0
David Cole (Director) $6,084 $0 $0
Christopher Freeman (Director) $5,350 $0 $0
June B Plunket (Director) $3,100 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,640,601
Expenses
$21,921,461
Net Income
-$280,860
Net Assets
$15,724,849
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $21,543,325
99.6%
Investment Income $49,478
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $47,798
0.2%
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 $36,607,934
Total Liabilities $20,883,085
Net Assets $15,724,849
Club or Co-Op Income
Income From Members $21,591,123
Income From Other Sources $49,478
Compensation
Key Employees and Officers Compensation Related Other
Stanley De Wayne Bailey (General Manager & Ceo) $103,084 $0 $300
Bobby Creel (Director) $20,316 $0 $0
David Wade (President) $8,525 $0 $0
Don Hamilton (Vice President) $6,520 $0 $0
David Cole (Director) $6,421 $0 $0
Brenda Higdon (Director) $6,100 $0 $0
Kenneth Ford (Director) $4,975 $0 $0
Howard Hardie (Director) $4,875 $0 $0
June B Plunket (Secretary) $4,600 $0 $0
William Cockerham (Treasurer) $4,225 $0 $0
Christopher Freeman (Director) $475 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,124,534
Expenses
$23,178,505
Net Income
$946,029
Net Assets
$15,803,403
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $23,850,050
98.9%
Investment Income $55,517
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $218,967
0.9%
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 $36,283,813
Total Liabilities $20,480,410
Net Assets $15,803,403
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$23,558,197
Expenses
$23,118,400
Net Income
$439,797
Net Assets
$15,195,363
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $23,515,280
99.8%
Investment Income $52,908
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$9,991
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 $35,980,020
Total Liabilities $20,784,657
Net Assets $15,195,363
Club or Co-Op Income
Income From Members $23,505,289
Income From Other Sources $52,908

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,814,380
Expenses
$21,807,480
Net Income
$6,900
Net Assets
$14,019,016
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $21,715,920
99.5%
Investment Income $52,105
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $46,355
0.2%
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 $36,037,078
Total Liabilities $22,018,062
Net Assets $14,019,016
Club or Co-Op Income
Income From Members $21,762,275
Income From Other Sources $52,105

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,779,155
Expenses
$22,694,982
Net Income
-$915,827
Net Assets
$16,480,908
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $21,708,280
99.7%
Investment Income $54,492
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $16,383
0.1%
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 $36,962,095
Total Liabilities $20,481,187
Net Assets $16,480,908
Club or Co-Op Income
Income From Members $21,724,663
Income From Other Sources $54,492

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,453,276
Expenses
$22,114,014
Net Income
-$1,660,738
Net Assets
$17,506,927
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,399,201
99.7%
Investment Income $51,721
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,354
0.0%
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 $36,963,232
Total Liabilities $19,456,305
Net Assets $17,506,927
Club or Co-Op Income
Income From Members $51,721
Income From Other Sources $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,748,866
Expenses
$21,724,580
Net Income
$24,286
Net Assets
$19,174,072
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $21,615,120
99.4%
Investment Income $52,021
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $81,725
0.4%
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 $37,817,509
Total Liabilities $18,643,437
Net Assets $19,174,072
Club or Co-Op Income
Income From Members $21,696,845
Income From Other Sources $52,021

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,992,871
Expenses
$21,007,479
Net Income
$985,392
Net Assets
$19,397,037
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $21,910,064
99.6%
Investment Income $52,331
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $30,476
0.1%
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 $36,206,820
Total Liabilities $16,809,783
Net Assets $19,397,037
Club or Co-Op Income
Income From Members $21,940,540
Income From Other Sources $52,331

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,268,364
Expenses
$20,267,849
Net Income
$515
Net Assets
$18,411,406
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,049,521
98.9%
Investment Income $53,561
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $165,282
0.8%
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 $34,158,228
Total Liabilities $15,746,822
Net Assets $18,411,406
Club or Co-Op Income
Income From Members $20,214,803
Income From Other Sources $53,561

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,290,342
Expenses
$20,141,218
Net Income
$149,124
Net Assets
$18,448,461
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,233,855
99.7%
Investment Income $55,015
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,472
0.0%
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 $32,592,457
Total Liabilities $14,143,996
Net Assets $18,448,461
Club or Co-Op Income
Income From Members $20,290,342
Income From Other Sources $55,015

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 »

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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.
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  • 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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