Southern Maryland Electric Cooperative INC
Hughesville, Maryland
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 43 peers in Public & Societal Benefit with $100M-$1B 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 | $482,120,622↓14% | $479,551,762↓13% | $1,187,119,903↓2% | — |
| 2022 | $558,196,918↑21% | $551,662,359↑21% | $1,212,996,814↑9% | — |
| 2021 | $461,053,058↑9% | $455,327,370↑9% | $1,114,931,504↑3% | — |
| 2020 | $421,088,627↓8% | $417,143,719↓8% | $1,077,937,193↑3% | — |
| 2019 | $459,796,369↓3% | $455,338,791↓3% | $1,049,770,342↑2% | — |
| 2018 | $472,543,814↑10% | $468,940,417↑10% | $1,032,050,106↑2% | — |
| 2017 | $430,492,755↓4% | $426,250,912↓3% | $1,013,535,107↑3% | — |
| 2016 | $447,786,039↓1% | $437,789,681↓2% | $980,730,772↑1% | — |
| 2015 | $451,681,439↓8% | $447,187,007↓8% | $971,348,373↑7% | — |
| 2014 | $490,075,132↑5% | $488,569,470↑5% | $906,434,608↑4% | — |
| 2013 | $466,658,154↑9% | $463,442,374↑9% | $869,608,040↑13% | — |
| 2012 | $427,245,965↓6% | $423,721,105↓6% | $770,238,819↑15% | — |
| 2011 | $454,313,689 | $451,388,011 | $671,795,973 | — |
Frequently Asked Questions
What does Southern Maryland Electric Cooperative INC do?▼
Southern Maryland Electric Cooperative INC is a public & societal benefit nonprofit organization based in Maryland. It is classified under NTEE code W80Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Southern Maryland Electric Cooperative INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Southern Maryland Electric Cooperative INC has a score of 63/100 (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 Southern Maryland Electric Cooperative INC generate?▼
Southern Maryland Electric Cooperative INC reports $542.5M in annual revenue and holds $1.2B in total assets, based on IRS filings.
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