ZUnclassifiedEIN: 350756490

Northeastern Rural Electric Membership Corporation

Columbia City, Indiana

BHealth Score
60B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.57×
Peer Median0.87×
💰
$122.4M
Total Revenue
📊
$118.1M
Total Expenses
🏦
$67.0M
Net Assets
📋
$114.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-17.7%
Year-over-year change (2022 → 2023)
Net Margin
+3.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.57
Net assets divided by total expenses
Liabilities-to-Assets
63.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$122,357,88518%$118,061,71818%$181,557,2597%
2022$148,636,88518%$144,784,80819%$169,828,96010%
2021$126,158,71917%$121,872,57716%$154,005,83929%
2020$107,730,0981%$104,701,0852%$119,469,4374%
2019$106,471,7015%$102,912,6426%$114,883,232
2018$112,268,87010%$109,464,8539%$114,908,3931%
2017$101,878,4802%$100,265,8684%$114,263,2151%
2016$99,522,44610%$96,686,24010%$113,014,271
2015$111,094,157$106,895,6062%$113,133,2662%
2014$110,849,30712%$108,886,26413%$111,251,7962%
2013$98,799,62311%$96,268,07510%$109,130,3486%
2012$89,374,9903%$87,680,6183%$103,379,2964%
2011$92,359,724$90,454,473$99,403,970

Frequently Asked Questions

What does Northeastern Rural Electric Membership Corporation do?

Northeastern Rural Electric Membership Corporation is a unclassified nonprofit organization based in Indiana. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northeastern Rural Electric Membership Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Northeastern Rural Electric Membership Corporation has a score of 60/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Northeastern Rural Electric Membership Corporation generate?

Northeastern Rural Electric Membership Corporation reports $132.2M in annual revenue and holds $197.5M in total assets, based on IRS filings.

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