New Hampshire Electric Cooperative Inc
New Hampshire Electric Cooperative Inc. maintains stable, break-even operations with growing assets and no reported officer compensation.
EIN: 20172119 · Plymouth, NH · Updated: 2026-03-28
Source Check Matrix
What Has Been Verified vs. What Needs Human Review
Identity resolved verified
New Hampshire Electric Cooperative Inc is mapped to EIN 20172119.
IRS BMF exempt record needs review
Open IRS TEOS or BMF source before relying on exemption status.
IRS Pub 78 deductibility needs review
Pub 78 eligibility should be verified in IRS TEOS before money changes hands.
IRS automatic revocation needs review
Check the official auto-revocation bulk source or cached evidence before relying on current exemption.
IRS Form 990 index verified
13 stored filing years available.
Raw 990 source linked
Open ProPublica to verify the raw filing record and PDFs.
Filing depth verified
13 stored filing years available.
State charity registration manual confirmation
Open NH charity regulator via NASCO; the workflow stops for human confirmation unless a stable source is cached.
Candid / GuideStar profile api pending
Candid API access is not configured; open manually and do not count as verified evidence.
Charity Navigator rating api pending
Charity Navigator API access is not configured; open manually and do not count as verified evidence.
Source and Resolution Links
Finish the Investigation Outside Our Dataset
When the answer lives with the IRS, ProPublica, Candid, Charity Navigator, or the nonprofit itself, NonprofitSpending links out instead of trapping the user on a partial answer.
IRS tax-exempt lookup
Verify exemption status and deductibility directly with the IRS.
IRS bulk evidence downloads
Check Pub 78, automatic revocation, 990-N, and Form 990 bulk evidence sources.
IRS EO BMF extract
Open the official Business Master File extract source for tax-exempt organization records.
ProPublica 990 source
Open the raw filing record and filing PDFs outside NonprofitSpending.
NH charity regulator via NASCO
Confirm state charity registration or solicitation status where applicable.
Candid profile search
Look for GuideStar/Candid profile details, programs, leadership, and seals.
Charity Navigator search
Check whether another evaluator has ratings or impact context.
Workflow Engine
Queries We Should Resolve, Not Just Answer
Search Console demand points to task completion. Each workflow can run calculations, source checks, external lookups, comparisons, and report/export capture around this nonprofit.
Verify tax status Runnable
Triggered by: 501(c)(3), tax deductible, EIN
IRS status check plus source links
Verify official evidence Runnable
Triggered by: IRS Pub 78, BMF, revocation, 990 index, state registration
Official-source evidence matrix with human stops where a state portal must be checked.
Find source filings Runnable
Triggered by: 990 PDF, annual report, filing record
13 stored filing years plus ProPublica source
Crunch money signals Runnable
Triggered by: program expense ratio, CEO salary, revenue, grants
90% program spend, health grade C
Compare alternatives Runnable
Triggered by: best charities, similar nonprofits, compare
4 peer options surfaced
Resolve leadership and board Runnable
Triggered by: executive team, trustees, officer pay
Use 990 compensation disclosures and external profile links.
Donation decision copilot Runnable
Triggered by: should I donate, give or compare, charity safety
Eligibility, money signals, sources, peer context, and next action.
Grantmaker due diligence Runnable
Triggered by: foundation review, grant risk, grantee capacity
Foundation-style packet across filings, finances, governance, and gaps.
Impact evidence finder Runnable
Triggered by: outcomes, annual report, cost effectiveness
Separate actual impact evidence from raw 990 financial cleanliness.
Room for more funding Runnable
Triggered by: would my donation help, funding gap, marginal impact
Revenue trend, runway, surplus/deficit, and source follow-ups.
Operator transparency diagnostic Runnable
Triggered by: how does my nonprofit look to donors
Profile, filing, impact, and transparency improvements to earn trust.
| Metric | Value |
|---|---|
| Total Revenue | $176.0M |
| Total Expenses | $185.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $170 |
| Net Assets | $144.0M |
| Transparency Score | 75/100 |
Search Intent Cockpit
New Hampshire Electric Cooperative Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
New Hampshire Electric Cooperative Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around New Hampshire Electric Cooperative Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $183.2M and expenses of $185.6M.
Revenue and Expenses
New Hampshire Electric Cooperative Inc reported $183.2M in revenue and $185.6M in expenses, a deficit of $2.4M.
Executive Compensation
Top officer compensation appears as $170 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
75/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is New Hampshire Electric Cooperative Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $167.1M (90%) |
Across stored filings, New Hampshire Electric Cooperative Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade C | 13 stored filing years |
| Peer context | Compare with Hellenic Society Paideia Of New Hampshire | New Hampshire and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Hellenic Society Paideia Of New Hampshire →All New Hampshire nonprofits
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Plymouth, NH nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Hattie A & Fred C Lynam Trust 64
Concord, NH · $1.5M revenue · Score 95/100
Compare side-by-sideCouch Family Foundation
Hanover, NH · $35.9M revenue · Score 90/100
Compare side-by-sideRed Oak Montessori School Inc
Franklin, NH · $159K revenue · Score 90/100
Compare side-by-sideOrder Of The Eastern Star Of New Hampshire Grand Chapter
Nashua, NH · $1.0M revenue · Score 85/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Research Workflow
Turn this Form 990 profile into a donor-ready report
Request a concise report for New Hampshire Electric Cooperative Inc with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
Early access request only. Reports and exports are informational and based on public IRS records, not financial or legal advice.
New Hampshire Electric Cooperative Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Electric Cooperative Inc
New Hampshire Electric Cooperative Inc (EIN: 20172119) is a nonprofit organization based in Plymouth, NH. The organization reported total revenue of $176.0M and total assets of $417.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Electric Cooperative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Electric Cooperative Inc is a major nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $183.2M |
| Total Expenses | $185.6M |
| Surplus / Deficit | $-2,426,773 |
| Total Assets | $360.4M |
| Total Liabilities | $216.4M |
| Net Assets | $144.0M |
| Operating Margin | -1.3% |
| Debt-to-Asset Ratio | 60.0% |
| Months of Reserves | 23.3 months |
Financial Health Grade: C
In 2023, New Hampshire Electric Cooperative Inc reported a deficit of $2.4M with expenses exceeding revenue, holds 23.3 months of operating reserves (strong position), has a debt-to-asset ratio of 60.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Hampshire Electric Cooperative Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.5% | -1.0% | +10.5% |
| 2022 | +20.0% | +18.6% | +11.2% |
| 2021 | +9.4% | +11.6% | +2.6% |
| 2020 | -0.8% | -0.8% | +0.7% |
| 2019 | -2.0% | -2.0% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Hampshire Electric Cooperative Inc with a Mission Score of 75 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, New Hampshire Electric Cooperative Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 60.0%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with revenues exceeding $170 million. This either indicates that executive compensation is not reported in this specific field or that the cooperative operates with a unique, non-compensatory leadership structure, warranting further investigation for full transparency.
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 New Hampshire Electric Cooperative Inc's IRS 990 filings:
- Consistent reporting of 0% officer compensation, which is atypical for an organization of this revenue size and warrants further investigation for full transparency regarding executive pay.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, making it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for New Hampshire Electric Cooperative Inc:
- Stable financial operations with revenues closely matching expenses, indicating efficient management and a break-even model typical for a cooperative.
- Significant and consistent growth in assets, increasing from $253 million in 2014 to $360 million in 2023, demonstrating long-term financial stability.
- Healthy asset-to-liability ratio, suggesting prudent financial management and investment.
- Consistent filing of IRS 990 forms over 13 periods, indicating a commitment to regulatory compliance.
Frequently Asked Questions about New Hampshire Electric Cooperative Inc
Is New Hampshire Electric Cooperative Inc a legitimate charity?
New Hampshire Electric Cooperative Inc (EIN: 20172119) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $176.0M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does New Hampshire Electric Cooperative Inc spend its money?
New Hampshire Electric Cooperative Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to New Hampshire Electric Cooperative Inc tax-deductible?
New Hampshire Electric Cooperative Inc is registered as a tax-exempt nonprofit (EIN: 20172119). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Hampshire Electric Cooperative Inc CEO make?
New Hampshire Electric Cooperative Inc's highest-compensated officer earns $170 annually. The organization reported $176.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is New Hampshire Electric Cooperative Inc located?
New Hampshire Electric Cooperative Inc is headquartered in Plymouth, New Hampshire and files with the IRS under EIN 20172119.
How many years of IRS 990 filings does New Hampshire Electric Cooperative Inc have?
New Hampshire Electric Cooperative Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $176.0M in total revenue.
How does New Hampshire Electric Cooperative Inc. manage to report 0% officer compensation across all filings?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this scale. It suggests that executive compensation might be reported under a different category within the 990 form, or that the cooperative has a unique governance and compensation structure where officers are not compensated in a manner typically reported in this section. Further detailed review of the full 990 forms would be necessary to understand this.
What is the breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. While the organization's total expenses closely match revenue, a specific allocation is not available, making it difficult to precisely assess spending efficiency in these areas.
Is the growth in assets sustainable given the increase in liabilities?
Assets have grown from $253 million in 2014 to $360 million in 2023, while liabilities have also increased from $150 million to $216 million over the same period. The asset-to-liability ratio remains healthy, indicating that asset growth is not disproportionately driven by unsustainable debt and appears to be managed effectively.
What is the primary source of revenue for the cooperative?
As an electric cooperative, the primary source of revenue is almost certainly from the sale of electricity and related services to its members. The consistent high revenue figures, exceeding $170 million annually in recent years, support this operational model.
Filing History
IRS 990 filing history for New Hampshire Electric Cooperative Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Hampshire Electric Cooperative Inc's revenue has grown by 48.1%, moving from $123.7M to $183.2M. Total assets increased by 72.8% over the same period, from $208.5M to $360.4M. Total functional expenses rose by 51.2%, from $122.8M to $185.6M. In its most recent filing year (2023), New Hampshire Electric Cooperative Inc reported a deficit of $2.4M, with expenses exceeding revenue. The organization holds $216.4M in liabilities against $360.4M in assets (debt-to-asset ratio: 60.0%), resulting in net assets of $144.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $183.2M | $185.6M | $360.4M | $216.4M | — | View 990 |
| 2022 | $186.1M | $187.5M | $326.3M | $183.5M | — | View 990 |
| 2021 | $155.1M | $158.2M | $293.5M | $153.1M | — | View 990 |
| 2020 | $141.7M | $141.7M | $286.0M | $146.1M | — | — |
| 2019 | $142.8M | $142.8M | $284.1M | $148.8M | — | View 990 |
| 2018 | $145.7M | $145.7M | $288.2M | $159.9M | — | View 990 |
| 2017 | $139.8M | $139.8M | $269.5M | $141.4M | — | View 990 |
| 2016 | $129.1M | $129.1M | $252.1M | $130.8M | — | View 990 |
| 2015 | $139.2M | $139.2M | $247.9M | $135.4M | — | View 990 |
| 2014 | $135.0M | $134.8M | $253.4M | $150.4M | — | View 990 |
| 2013 | $125.2M | $124.3M | $257.4M | $160.1M | — | View 990 |
| 2012 | $115.2M | $114.1M | $229.1M | $138.3M | — | View 990 |
| 2011 | $123.7M | $122.8M | $208.5M | $127.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $183.2M, expenses of $185.6M, and assets of $360.4M (revenue -1.5% year-over-year).
- 2022: Revenue of $186.1M, expenses of $187.5M, and assets of $326.3M (revenue +20.0% year-over-year).
- 2021: Revenue of $155.1M, expenses of $158.2M, and assets of $293.5M (revenue +9.4% year-over-year).
- 2020: Revenue of $141.7M, expenses of $141.7M, and assets of $286.0M (revenue -0.8% year-over-year).
- 2019: Revenue of $142.8M, expenses of $142.8M, and assets of $284.1M (revenue -2.0% year-over-year).
- 2018: Revenue of $145.7M, expenses of $145.7M, and assets of $288.2M (revenue +4.3% year-over-year).
- 2017: Revenue of $139.8M, expenses of $139.8M, and assets of $269.5M (revenue +8.3% year-over-year).
- 2016: Revenue of $129.1M, expenses of $129.1M, and assets of $252.1M (revenue -7.3% year-over-year).
- 2015: Revenue of $139.2M, expenses of $139.2M, and assets of $247.9M (revenue +3.1% year-over-year).
- 2014: Revenue of $135.0M, expenses of $134.8M, and assets of $253.4M (revenue +7.9% year-over-year).
- 2013: Revenue of $125.2M, expenses of $124.3M, and assets of $257.4M (revenue +8.7% year-over-year).
- 2012: Revenue of $115.2M, expenses of $114.1M, and assets of $229.1M (revenue -6.9% year-over-year).
- 2011: Revenue of $123.7M, expenses of $122.8M, and assets of $208.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Electric Cooperative Inc:
Data Sources and Methodology
This transparency report for New Hampshire 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.