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Navarro County 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
$69.9M (2022)

Expenses
$69.9M (2022)

Total Assets
$112M (2022)

Total Liabilities
$39.2M (2022)

Source: Form 990 tax filings from 2011 to 2022

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.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$69,885,428
Expenses
$69,885,428
Net Income
$0
Net Assets
$72,568,573
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $69,490,807
99.4%
Investment Income $327,897
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $66,724
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,246,126
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,828,130
2.6%
Assets/Debt
Total Assets $111,808,693
Total Liabilities $39,240,120
Net Assets $72,568,573
Club or Co-Op Income
Income From Members $71,721,711
Income From Other Sources $442,517
Compensation
Key Employees and Officers Compensation Related Other
Billy Jones (General Manager/Ceo) $216,895 $0 $93,478
Lindy Shaw (Manager Of Administration) $168,785 $0 $60,918
Courtney Sadberry (Cfo/Office Manager) $158,328 $0 $71,214
Mike Lawrence (Superintendent Of Operations & Maintenance) $137,346 $0 $68,932
Mark Rash (Customer Service Manager) $136,361 $0 $96,670
Samuel Miller (Safety Coordinator) $124,045 $0 $45,510
Jerad Taylor (Foreman) $117,420 $0 $33,163
Albert Fisher (Lineman) $117,316 $0 $48,329
Matthew Cunningham (Lineman) $114,521 $0 $37,485
Ron Buckley (President) $39,537 $0 $0
Billy Southard (Director) $39,535 $0 $0
Benny Melton (Director) $39,529 $0 $0
Julie Mraz (Director) $39,529 $0 $0
Robert Sheffield (Vice President) $39,529 $0 $0
Gary Murphy (Director) $36,722 $0 $0
George Smith (Secretary) $35,849 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$49,278,830
Expenses
$47,476,128
Net Income
$1,802,702
Net Assets
$71,601,990
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $48,940,654
99.3%
Investment Income $289,880
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $48,296
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $704,929
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $108,592
0.2%
Assets/Debt
Total Assets $102,970,554
Total Liabilities $31,368,564
Net Assets $71,601,990
Club or Co-Op Income
Income From Members $48,814,813
Income From Other Sources $415,721
Compensation
Key Employees and Officers Compensation Related Other
Billy P Jones (General Manager/Ceo) $217,673 $0 $61,597
Lindy Shaw (Mgr Of Administrative Services) $151,789 $0 $43,649
Jerad Taylor (Construction Foreman) $128,566 $0 $35,934
Jill Sadberry (Office Manager/Cfo) $122,667 $0 $26,809
Mark Rash (Manager Of Member Services) $121,416 $0 $39,363
Mike Lawrence (Mgr Of Construction/Operations) $119,661 $0 $39,907
Matthew Cunningham (Line Foreman) $113,285 $0 $34,838
Robert K Sheffield (Board Vice President) $36,576 $0 $0
Ron Buckley (Board President) $36,561 $0 $0
Bill Southard (Director) $36,559 $0 $0
Benny Melton (Director) $35,596 $0 $0
George Smith (Board Secretary) $33,376 $0 $0
Julie Mraz (Director) $32,515 $0 $0
Gary Murphy (Director) $30,668 $0 $0
Trena Quinn (Office Manager) $23,800 $0 $10,533

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$44,021,639
Expenses
$42,861,442
Net Income
$1,160,197
Net Assets
$69,793,063
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $43,499,965
98.8%
Investment Income $464,555
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $57,119
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $666,601
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $143,593
0.3%
Assets/Debt
Total Assets $101,409,076
Total Liabilities $31,616,013
Net Assets $69,793,063
Club or Co-Op Income
Income From Members $40,791,035
Income From Other Sources $3,173,485
Compensation
Key Employees and Officers Compensation Related Other
Billy P Jones (General Manager/Ceo) $203,453 $0 $59,080
Trena Quinn (Office Manager/Cpa) $142,275 $0 $42,754
Lindy Shaw (Mgr Of Administrative Services) $136,829 $0 $41,671
Nina Barber (Manager Of Accounting) $124,152 $0 $38,465
Mark Rash (Manager Of Member Services) $113,040 $0 $38,099
Mike Lawrence (Mgr Of Construction/Operations) $108,702 $0 $38,639
Jerad Taylor (Construction Foreman) $108,702 $0 $34,831
George Smith (Board Secretary) $32,531 $0 $0
Robert K Sheffield (Board Vice President) $32,531 $0 $0
Benny Melton (Director) $32,531 $0 $0
Ron Buckley (Board President) $32,516 $0 $0
Leonard L Mixon (Director) $29,767 $0 $0
Van Fowler (Director) $29,710 $0 $0
Bill Southard (Director) $29,634 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$46,973,655
Expenses
$41,956,070
Net Income
$5,017,585
Net Assets
$68,627,861
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $46,249,758
98.5%
Investment Income $653,024
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $70,873
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,264,000
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $99,471,120
Total Liabilities $30,843,259
Net Assets $68,627,861
Club or Co-Op Income
Income From Members $44,124,571
Income From Other Sources $2,864,398

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$49,527,384
Expenses
$43,603,593
Net Income
$5,923,791
Net Assets
$66,348,858
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $48,824,047
98.6%
Investment Income $639,752
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $63,585
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $650,341
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,280,285
2.9%
Assets/Debt
Total Assets $97,215,857
Total Liabilities $30,866,999
Net Assets $66,348,858
Club or Co-Op Income
Income From Members $46,598,004
Income From Other Sources $2,929,380
Compensation
Key Employees and Officers Compensation Related Other
Billy P Jones (Gen Mgr) $192,615 $0 $60,563
Lindy L Shaw (Mgr Admin Services) $116,019 $0 $44,762
Bill Southard (Director) $19,535 $0 $15,379
Ron L Buckley (Board President) $19,360 $0 $15,382
Robert K Sheffield (Board Vp) $19,360 $0 $15,393
Van Fowler (Director) $19,303 $0 $15,381
Leonard L Mixon (Director) $19,303 $0 $15,378
George L Smith (Board Secretary) $18,682 $0 $15,393
Benny Melton (Director) $9,219 $0 $6,647
Alfred L Martin (Director) $5,671 $0 $6,996

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$43,440,188
Expenses
$39,537,109
Net Income
$3,903,079
Net Assets
$62,348,547
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $42,787,548
98.5%
Investment Income $589,757
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $62,883
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $641,075
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,204,486
3.0%
Assets/Debt
Total Assets $93,442,207
Total Liabilities $31,093,660
Net Assets $62,348,547
Club or Co-Op Income
Income From Members $41,298,999
Income From Other Sources $2,604,518
Compensation
Key Employees and Officers Compensation Related Other
Billy P Jones (Gen Mgr) $187,423 $0 $57,445
Lindy L Shaw (Mgr Admin Services) $114,150 $0 $40,975
Ron L Buckley (Board President) $19,529 $0 $15,268
Van Fowler (Director) $19,529 $0 $15,268
Leonard L Mixon (Director) $19,529 $0 $15,265
Robert K Sheffield (Board Vp) $19,529 $0 $15,240
Bill Southard (Director) $19,529 $0 $15,266
George L Smith (Board Secretary) $19,065 $0 $15,240
Alfred L Martin (Director) $17,591 $0 $15,234

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$37,276,881
Expenses
$33,923,700
Net Income
$3,353,181
Net Assets
$59,387,976
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $36,578,905
98.1%
Investment Income $635,093
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $62,883
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $625,655
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,198,254
3.5%
Assets/Debt
Total Assets $90,340,044
Total Liabilities $30,952,068
Net Assets $59,387,976
Club or Co-Op Income
Income From Members $35,074,575
Income From Other Sources $2,202,306
Compensation
Key Employees and Officers Compensation Related Other
Billy P Jones (Gen Mgr) $181,731 $0 $54,475
Lindy L Shaw (Information Technology) $111,531 $0 $39,138
Van Fowler (Director) $19,838 $0 $14,844
Leonard L Mixon (Director) $19,838 $0 $14,840
Robert K Sheffield (Director) $19,611 $0 $14,777
Bill Southard (Director) $19,611 $0 $14,841
Ron L Buckley (Board President) $19,554 $0 $14,844
George L Smith (Board Secretary) $18,990 $0 $14,777
Alfred L Martin (Board Vp) $17,643 $0 $14,772

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$43,046,946
Expenses
$39,952,429
Net Income
$3,094,517
Net Assets
$57,116,182
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $42,435,835
98.6%
Investment Income $581,153
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $29,958
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $604,220
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,239,117
3.1%
Assets/Debt
Total Assets $88,466,685
Total Liabilities $31,350,503
Net Assets $57,116,182
Club or Co-Op Income
Income From Members $41,422,229
Income From Other Sources $1,624,717
Compensation
Key Employees and Officers Compensation Related Other
Billy P Jones (Gen Mgr) $176,539 $0 $52,266
Lindy L Shaw (Information Technology) $109,038 $0 $37,313
Leonard L Mixon (Director) $19,174 $0 $14,369
Van Fowler (Director) $19,122 $0 $14,371
Ron L Buckley (Board President) $18,795 $0 $14,372
Robert K Sheffield (Director) $18,464 $0 $13,973
Bill Southard (Director) $18,341 $0 $14,371
George L Smith (Board Secretary) $18,189 $0 $13,973
Alfred L Martin (Board Vp) $17,583 $0 $13,967

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$55,512,896
Expenses
$50,167,615
Net Income
$5,345,281
Net Assets
$55,859,427
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $55,029,660
99.1%
Investment Income $376,223
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $107,013
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $599,077
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,239,764
2.5%
Assets/Debt
Total Assets $86,869,558
Total Liabilities $31,010,131
Net Assets $55,859,427
Club or Co-Op Income
Income From Members $53,344,201
Income From Other Sources $2,168,695
Compensation
Key Employees and Officers Compensation Related Other
Billy P Jones (Gen Mgr) $171,346 $0 $51,263
Lindy L Shaw (Information Technology) $105,009 $0 $36,892
Ron L Buckley (Board President) $20,177 $0 $14,454
Van Fowler (Director) $20,002 $0 $14,454
Leonard L Mixon (Director) $20,002 $0 $14,452
Bill Southard (Director) $19,169 $0 $14,454
Robert K Sheffield (Director) $18,738 $0 $14,454
George L Smith (Board Secretary) $17,730 $0 $14,454
Alfred L Martin (Board Vp) $17,578 $0 $14,449

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$49,531,391
Expenses
$43,201,988
Net Income
$6,329,403
Net Assets
$52,092,403
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $49,184,210
99.3%
Investment Income $347,181
0.7%
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 $455,506
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,771,396
4.1%
Assets/Debt
Total Assets $84,677,734
Total Liabilities $32,585,331
Net Assets $52,092,403
Club or Co-Op Income
Income From Members $45,880,785
Income From Other Sources $3,650,606
Compensation
Key Employees and Officers Compensation Related Other
Billy P Jones (Gen Mgr) $168,231 $0 $49,950
Ron L Buckley (Board President) $21,291 $0 $14,458
Van Fowler (Director) $20,533 $0 $14,458
Leonard L Mixon (Director) $20,533 $0 $14,456
Robert K Sheffield (Director) $19,117 $0 $14,458
Bill Southard (Director) $19,117 $0 $14,458
George L Smith (Board Secretary) $18,184 $0 $14,458
Alfred L Martin (Board Vp) $17,351 $0 $14,453

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$38,246,406
Expenses
$34,512,367
Net Income
$3,734,039
Net Assets
$46,720,291
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $37,908,191
99.1%
Investment Income $321,302
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $16,913
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $420,762
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,653,817
4.8%
Assets/Debt
Total Assets $76,405,838
Total Liabilities $29,685,547
Net Assets $46,720,291
Club or Co-Op Income
Income From Members $35,964,344
Income From Other Sources $2,282,062

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$44,586,778
Expenses
$40,021,656
Net Income
$4,565,122
Net Assets
$44,705,486
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $44,113,604
98.9%
Investment Income $456,261
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $16,913
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $379,452
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,397,000
3.5%
Assets/Debt
Total Assets $71,163,658
Total Liabilities $26,458,172
Net Assets $44,705,486
Club or Co-Op Income
Income From Members $42,928,402
Income From Other Sources $1,658,724

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.
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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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