Dirigo Electric Cooperative Inc

Dirigo Electric Cooperative Inc shows minimal financial activity and no officer compensation in its last available 990 filings.

EIN: 10395228 · Houlton, ME · Updated: 2026-03-28

$0Revenue

$0Assets

65/100Mission Score (Good)

About Dirigo Electric Cooperative Inc

Dirigo Electric Cooperative Inc (EIN: 10395228) is a nonprofit organization based in Houlton, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dirigo Electric Cooperative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Dirigo Electric Cooperative Inc appears to be a very small organization, based on its limited financial activity in the available IRS 990 filings. In 2012, it reported $14,935 in revenue and $13,682 in expenses, with assets of $2,583. The prior year, 2011, showed slightly higher revenue of $18,744 and expenses of $19,217. The organization's financial health seems stable given its small scale, with assets exceeding liabilities in both reported periods. However, the latest revenue and asset figures provided as $0 suggest a significant change or dormancy since the last available 990 data, which warrants further investigation.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the filings indicate 0% officer compensation, which is a positive sign regarding executive pay. The organization's overall financial activity is minimal, suggesting a very limited operational scope. The lack of detailed expense categories in the provided data makes a precise efficiency analysis challenging.

Transparency is moderately good, with two IRS 990 filings available. However, the NTEE code is unknown, and the most recent financial data provided (revenue and assets of $0) contradicts the historical filings without explanation. This discrepancy raises questions about its current operational status and financial reporting, which could impact a full transparency assessment.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Dirigo Electric Cooperative Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Dirigo Electric Cooperative Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Officer compensation was reported as 0% in both 2011 and 2012, indicating that no executives received salaries from the organization during those periods, which is appropriate for an organization of this small size and financial scale.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Dirigo Electric Cooperative Inc's IRS 990 filings:

Latest reported revenue and assets are $0, contradicting historical filings without explanation.
NTEE code is unknown, hindering classification and comparative analysis.

Strengths

The following positive indicators were identified for Dirigo Electric Cooperative Inc:

No officer compensation reported in 2011 and 2012, indicating responsible executive pay practices for its size.
Assets exceeded liabilities in both reported periods (2011 and 2012), showing financial stability at that time.

Frequently Asked Questions about Dirigo Electric Cooperative Inc

What is the current operational status of Dirigo Electric Cooperative Inc, given the reported $0 revenue and assets?

The provided data shows $0 for latest revenue and assets, which is a significant change from the 2011 and 2012 filings. This suggests the organization may have become inactive or dissolved since its last reported financial activity.

Why is the NTEE code unknown for this organization?

An unknown NTEE code makes it difficult to understand the organization's specific mission and compare its financial performance to similar nonprofits. This information is typically available on IRS filings.

What were the specific program activities and expenses for Dirigo Electric Cooperative Inc in 2011 and 2012?

The provided data only gives total expenses. A detailed breakdown of program activities and associated costs is needed to fully understand its impact and spending efficiency.

Filing History

IRS 990 filing history for Dirigo Electric Cooperative Inc showing financial trends over 2 years of public records:

Over 2 years of IRS 990 filings (2011–2012), Dirigo Electric Cooperative Inc's revenue has declined by 20.3%, moving from $19K to $15K. Total assets increased by 94.1% over the same period, from $1K to $3K. Total functional expenses fell by 28.8%, from $19K to $14K. In its most recent filing year (2012), Dirigo Electric Cooperative Inc reported a surplus of $1K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2012	$15K	$14K	$3K	$0	—	View 990
2011	$19K	$19K	$1K	$0	—	—

Data Sources and Methodology

This transparency report for Dirigo Electric Cooperative Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.