Shelby Electric Cooperative
Shelbyville, Illinois
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 111 peers in Unclassified with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $42,327,754↑10% | $39,893,084↑4% | $83,722,438↑1% | — |
| 2022 | $38,433,374↑5% | $38,433,374↑5% | $82,582,936↑7% | — |
| 2021 | $36,550,827↓2% | $36,550,827↓2% | $76,941,402↑1% | — |
| 2020 | $37,473,892 | $37,473,892 | $76,480,054↑3% | — |
| 2019 | $37,349,704↓3% | $37,349,704↑2% | $74,014,876↑5% | — |
| 2018 | $38,434,600↑5% | $36,712,288↑10% | $70,553,044↑3% | — |
| 2017 | $36,581,683↑2% | $33,279,648 | $68,536,066↑1% | — |
| 2016 | $35,916,166 | $33,193,333↑2% | $67,692,659↑4% | — |
| 2015 | $35,776,046↓1% | $32,677,171↓2% | $65,116,853↑5% | — |
| 2014 | $36,071,738↑8% | $33,367,741↑9% | $62,251,144↑5% | — |
| 2013 | $33,366,676↑6% | $30,661,477 | $59,426,358↑5% | — |
| 2012 | $31,452,270↑7% | $30,778,638↑1% | $56,811,514↑3% | — |
| 2011 | $29,326,005 | $30,517,302 | $55,296,770 | — |
Frequently Asked Questions
What does Shelby Electric Cooperative do?▼
Shelby Electric Cooperative is a unclassified nonprofit organization based in Illinois. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Shelby Electric Cooperative financially healthy?▼
Based on our 9-metric Financial Health Score model, Shelby Electric Cooperative has a score of 67/100 (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 Shelby Electric Cooperative generate?▼
Shelby Electric Cooperative reports $41.5M in annual revenue and holds $89.2M in total assets, based on IRS filings.
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