Mecklenburg Electric Cooperative
Chase City, Virginia
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 664 peers in Unclassified 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 | $114,290,002↑14% | $106,224,449↑14% | $322,325,863↑30% | |
| 2022 | $100,631,363↑43% | $92,927,030↑40% | $248,790,534↑10% | — |
| 2021 | $70,294,200↑4% | $66,533,483↑1% | $225,505,928↑9% | — |
| 2020 | $67,819,521↓8% | $65,983,492↓10% | $207,702,763↑5% | — |
| 2019 | $73,375,173↓4% | $72,927,875↓3% | $197,063,404↑7% | — |
| 2018 | $76,731,478↑17% | $75,007,950↑15% | $184,698,281↑4% | — |
| 2017 | $65,817,491↓6% | $65,291,355↓5% | $177,707,879↑1% | — |
| 2016 | $70,179,978↓7% | $68,742,569↓8% | $176,656,492↑1% | — |
| 2015 | $75,538,463↑7% | $74,629,969↑6% | $174,073,869↑2% | — |
| 2014 | $70,456,125↑5% | $70,114,250↑2% | $169,834,530↑2% | — |
| 2013 | $66,909,978 | $68,449,824↑4% | $166,850,057↑5% | — |
| 2012 | $67,097,301↓2% | $66,100,300↓3% | $158,754,639↑2% | — |
| 2011 | $68,462,779 | $68,267,746 | $156,267,763 | — |
Frequently Asked Questions
What does Mecklenburg Electric Cooperative do?▼
Mecklenburg Electric Cooperative is a unclassified nonprofit organization based in Virginia. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Mecklenburg Electric Cooperative financially healthy?▼
Based on our 9-metric Financial Health Score model, Mecklenburg Electric Cooperative has a score of 69/100 (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 Mecklenburg Electric Cooperative generate?▼
Mecklenburg Electric Cooperative reports $197.9M in annual revenue and holds $333.6M in total assets, based on IRS filings.
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