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Employer Identification Number 41-0443755

NOBLES COOPERATIVE ELECTRIC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:NOBLES COOPERATIVE ELECTRIC
Employer identification number (EIN):41-0443755
EIN Issuing AuthorityPhiladelphia, PA
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTO MAINTAIN OUR ELECTRICAL DISTRIBUTION SYSTEM AND PROVIDE ELECTRICITY TO OUR MEMBERS IN RURAL AREAS AND COMMUNITIES IN OUR SERVICE TERRITORY.
Number of Employees25
Number of Volunteers0
Year Formed1936

Organization Governance

Legal DomicileMN
Voting Members - Governing Body7
Voting Members - Independent7

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 181,237
Net unrelated business incomeUSD $ 180,237
Program Service Revenue from prior yearUSD $ 21,544,708
Program Service Revenue from current yearUSD $ 23,375,426
Investment Income from prior yearUSD $ 78,317
Investment Income from current yearUSD $ 158,815
Other Revenue from prior yearUSD $ 796,104
Other Revenue from current yearUSD $ 190,919
Gross receipts from all sourcesUSD $ 23,809,428
Net assets / fund balances at end of fiscal yearUSD $ 32,209,874
Net assets / fund balances at beginning of fiscal yearUSD $ 30,930,764
Total liabilities at end of fiscal yearUSD $ 39,693,390
Total liabilities at beginning of fiscal yearUSD $ 36,000,127
Total assets at end of fiscal yearUSD $ 71,903,264
Total assets at beginning of fiscal yearUSD $ 66,930,891
Revenues less expenses for current yearUSD $ 66,072
Revenues less expenses for previous yearUSD $ -1,902,527
Total expenses for current yearUSD $ 23,659,088
Total expenses for previous yearUSD $ 24,321,656
Other expenses in current yearUSD $ 20,497,122
Other expenses in previous yearUSD $ 19,752,407
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 536,899
Employee salary and benefits paid in previous yearUSD $ 491,621
Benefits paid to or for members in current yearUSD $ 2,607,192
Benefits paid to or for members in previous yearUSD $ 4,072,777
Grants and similar amounts paid in current yearUSD $ 17,875
Grants and similar amounts paid in previous yearUSD $ 4,851
Total revenue in current fiscal yearUSD $ 23,725,160
Total revenue in previous fiscal yearUSD $ 22,419,129
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 84,268
Gross sales of inventory assetsUSD $ 97,241
Total of other revenueUSD $ 177,946
2021-12-31
Total unrelated business incomeUSD $ 103,252
Net unrelated business incomeUSD $ 102,252
Program Service Revenue from prior yearUSD $ 19,762,830
Program Service Revenue from current yearUSD $ 21,544,708
Investment Income from prior yearUSD $ 295,202
Investment Income from current yearUSD $ 78,317
Other Revenue from prior yearUSD $ 385,023
Other Revenue from current yearUSD $ 796,104
Gross receipts from all sourcesUSD $ 22,566,128
Net assets / fund balances at end of fiscal yearUSD $ 30,930,764
Net assets / fund balances at beginning of fiscal yearUSD $ 30,082,338
Total liabilities at end of fiscal yearUSD $ 36,000,127
Total liabilities at beginning of fiscal yearUSD $ 33,628,137
Total assets at end of fiscal yearUSD $ 66,930,891
Total assets at beginning of fiscal yearUSD $ 63,710,475
Revenues less expenses for current yearUSD $ -1,902,527
Revenues less expenses for previous yearUSD $ -102,376
Total expenses for current yearUSD $ 24,321,656
Total expenses for previous yearUSD $ 20,545,431
Other expenses in current yearUSD $ 19,752,407
Other expenses in previous yearUSD $ 17,931,091
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 491,621
Employee salary and benefits paid in previous yearUSD $ 480,490
Benefits paid to or for members in current yearUSD $ 4,072,777
Benefits paid to or for members in previous yearUSD $ 2,120,400
Grants and similar amounts paid in current yearUSD $ 4,851
Grants and similar amounts paid in previous yearUSD $ 13,450
Total revenue in current fiscal yearUSD $ 22,419,129
Total revenue in previous fiscal yearUSD $ 20,443,055
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 144,350
Gross sales of inventory assetsUSD $ 172,150
Total of other revenueUSD $ 768,304
2020-12-31
Total unrelated business incomeUSD $ 47,338
Net unrelated business incomeUSD $ 46,338
Program Service Revenue from prior yearUSD $ 21,075,246
Program Service Revenue from current yearUSD $ 19,762,830
Investment Income from prior yearUSD $ 577,688
Investment Income from current yearUSD $ 295,202
Other Revenue from prior yearUSD $ 401,005
Other Revenue from current yearUSD $ 385,023
Gross receipts from all sourcesUSD $ 20,557,577
Net assets / fund balances at end of fiscal yearUSD $ 30,082,338
Net assets / fund balances at beginning of fiscal yearUSD $ 29,212,426
Total liabilities at end of fiscal yearUSD $ 33,628,137
Total liabilities at beginning of fiscal yearUSD $ 31,611,827
Total assets at end of fiscal yearUSD $ 63,710,475
Total assets at beginning of fiscal yearUSD $ 60,824,253
Revenues less expenses for current yearUSD $ -102,376
Revenues less expenses for previous yearUSD $ 131,937
Total expenses for current yearUSD $ 20,545,431
Total expenses for previous yearUSD $ 21,922,002
Other expenses in current yearUSD $ 17,931,091
Other expenses in previous yearUSD $ 18,918,717
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 480,490
Employee salary and benefits paid in previous yearUSD $ 462,160
Benefits paid to or for members in current yearUSD $ 2,120,400
Benefits paid to or for members in previous yearUSD $ 2,526,002
Grants and similar amounts paid in current yearUSD $ 13,450
Grants and similar amounts paid in previous yearUSD $ 15,123
Total revenue in current fiscal yearUSD $ 20,443,055
Total revenue in previous fiscal yearUSD $ 22,053,939
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 99,307
Gross sales of inventory assetsUSD $ 125,771
Total of other revenueUSD $ 358,559
2019-12-31
Total unrelated business incomeUSD $ 14,753
Net unrelated business incomeUSD $ 10,257
Program Service Revenue from prior yearUSD $ 20,869,736
Program Service Revenue from current yearUSD $ 21,075,246
Investment Income from prior yearUSD $ 390,423
Investment Income from current yearUSD $ 577,688
Other Revenue from prior yearUSD $ 419,046
Other Revenue from current yearUSD $ 401,005
Gross receipts from all sourcesUSD $ 22,219,173
Net assets / fund balances at end of fiscal yearUSD $ 29,212,426
Net assets / fund balances at beginning of fiscal yearUSD $ 27,947,289
Total liabilities at end of fiscal yearUSD $ 31,611,827
Total liabilities at beginning of fiscal yearUSD $ 30,381,816
Total assets at end of fiscal yearUSD $ 60,824,253
Total assets at beginning of fiscal yearUSD $ 58,329,105
Revenues less expenses for current yearUSD $ 131,937
Revenues less expenses for previous yearUSD $ 265,085
Total expenses for current yearUSD $ 21,922,002
Total expenses for previous yearUSD $ 21,414,120
Other expenses in current yearUSD $ 18,918,717
Other expenses in previous yearUSD $ 18,639,748
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 462,160
Employee salary and benefits paid in previous yearUSD $ 461,612
Benefits paid to or for members in current yearUSD $ 2,526,002
Benefits paid to or for members in previous yearUSD $ 2,303,249
Grants and similar amounts paid in current yearUSD $ 15,123
Grants and similar amounts paid in previous yearUSD $ 9,511
Total revenue in current fiscal yearUSD $ 22,053,939
Total revenue in previous fiscal yearUSD $ 21,679,205
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 165,234
Gross sales of inventory assetsUSD $ 184,553
Total of other revenueUSD $ 381,686
2018-12-31
Total unrelated business incomeUSD $ 21,399
Net unrelated business incomeUSD $ 78,094
Program Service Revenue from prior yearUSD $ 20,977,086
Program Service Revenue from current yearUSD $ 20,869,736
Investment Income from prior yearUSD $ 304,676
Investment Income from current yearUSD $ 390,423
Other Revenue from prior yearUSD $ 600,068
Other Revenue from current yearUSD $ 419,046
Gross receipts from all sourcesUSD $ 21,792,467
Net assets / fund balances at end of fiscal yearUSD $ 27,947,289
Net assets / fund balances at beginning of fiscal yearUSD $ 26,634,201
Total liabilities at end of fiscal yearUSD $ 30,381,816
Total liabilities at beginning of fiscal yearUSD $ 31,754,704
Total assets at end of fiscal yearUSD $ 58,329,105
Total assets at beginning of fiscal yearUSD $ 58,388,905
Revenues less expenses for current yearUSD $ 265,085
Revenues less expenses for previous yearUSD $ 335,667
Total expenses for current yearUSD $ 21,414,120
Total expenses for previous yearUSD $ 21,546,163
Other expenses in current yearUSD $ 18,639,748
Other expenses in previous yearUSD $ 18,538,929
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 461,612
Employee salary and benefits paid in previous yearUSD $ 477,613
Benefits paid to or for members in current yearUSD $ 2,303,249
Benefits paid to or for members in previous yearUSD $ 2,519,865
Grants and similar amounts paid in current yearUSD $ 9,511
Grants and similar amounts paid in previous yearUSD $ 9,756
Total revenue in current fiscal yearUSD $ 21,679,205
Total revenue in previous fiscal yearUSD $ 21,881,830
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 113,262
Gross sales of inventory assetsUSD $ 147,520
Total of other revenueUSD $ 384,788
2017-12-31
Total unrelated business incomeUSD $ 27,626
Net unrelated business incomeUSD $ 23,288
Program Service Revenue from prior yearUSD $ 19,757,956
Program Service Revenue from current yearUSD $ 20,977,086
Investment Income from prior yearUSD $ 347,370
Investment Income from current yearUSD $ 304,676
Other Revenue from prior yearUSD $ 583,735
Other Revenue from current yearUSD $ 600,068
Gross receipts from all sourcesUSD $ 22,069,549
Net assets / fund balances at end of fiscal yearUSD $ 26,634,201
Net assets / fund balances at beginning of fiscal yearUSD $ 24,661,205
Total liabilities at end of fiscal yearUSD $ 31,754,704
Total liabilities at beginning of fiscal yearUSD $ 30,951,167
Total assets at end of fiscal yearUSD $ 58,388,905
Total assets at beginning of fiscal yearUSD $ 55,612,372
Revenues less expenses for current yearUSD $ 335,667
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 21,546,163
Total expenses for previous yearUSD $ 20,689,061
Other expenses in current yearUSD $ 18,538,929
Other expenses in previous yearUSD $ 17,771,593
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 477,613
Employee salary and benefits paid in previous yearUSD $ 418,813
Benefits paid to or for members in current yearUSD $ 2,519,865
Benefits paid to or for members in previous yearUSD $ 2,496,279
Grants and similar amounts paid in current yearUSD $ 9,756
Grants and similar amounts paid in previous yearUSD $ 2,376
Total revenue in current fiscal yearUSD $ 21,881,830
Total revenue in previous fiscal yearUSD $ 20,689,061
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 117,369
Gross sales of inventory assetsUSD $ 172,500
Total of other revenueUSD $ 544,937
2016-12-31
Total unrelated business incomeUSD $ 61,192
Net unrelated business incomeUSD $ 51,232
Program Service Revenue from prior yearUSD $ 17,390,839
Program Service Revenue from current yearUSD $ 19,757,956
Investment Income from prior yearUSD $ 268,700
Investment Income from current yearUSD $ 347,370
Other Revenue from prior yearUSD $ 68,232
Other Revenue from current yearUSD $ 583,735
Gross receipts from all sourcesUSD $ 20,832,400
Net assets / fund balances at end of fiscal yearUSD $ 24,661,205
Net assets / fund balances at beginning of fiscal yearUSD $ 22,976,553
Total liabilities at end of fiscal yearUSD $ 30,951,167
Total liabilities at beginning of fiscal yearUSD $ 30,995,775
Total assets at end of fiscal yearUSD $ 55,612,372
Total assets at beginning of fiscal yearUSD $ 53,972,328
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 215,612
Total expenses for current yearUSD $ 20,689,061
Total expenses for previous yearUSD $ 17,512,159
Other expenses in current yearUSD $ 17,771,593
Other expenses in previous yearUSD $ 14,266,013
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 418,813
Employee salary and benefits paid in previous yearUSD $ 1,946,139
Benefits paid to or for members in current yearUSD $ 2,496,279
Benefits paid to or for members in previous yearUSD $ 1,295,706
Grants and similar amounts paid in current yearUSD $ 2,376
Grants and similar amounts paid in previous yearUSD $ 4,301
Total revenue in current fiscal yearUSD $ 20,689,061
Total revenue in previous fiscal yearUSD $ 17,727,771
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 143,339
Gross sales of inventory assetsUSD $ 204,531
Total of other revenueUSD $ 522,543
2015-12-31
Total unrelated business incomeUSD $ 101,640
Net unrelated business incomeUSD $ 82,842
Program Service Revenue from prior yearUSD $ 17,009,413
Program Service Revenue from current yearUSD $ 17,390,839
Investment Income from prior yearUSD $ 297,990
Investment Income from current yearUSD $ 268,700
Other Revenue from prior yearUSD $ 61,040
Other Revenue from current yearUSD $ 68,232
Gross receipts from all sourcesUSD $ 17,886,813
Net assets / fund balances at end of fiscal yearUSD $ 22,976,553
Net assets / fund balances at beginning of fiscal yearUSD $ 22,200,434
Total liabilities at end of fiscal yearUSD $ 30,995,775
Total liabilities at beginning of fiscal yearUSD $ 23,919,390
Total assets at end of fiscal yearUSD $ 53,972,328
Total assets at beginning of fiscal yearUSD $ 46,119,824
Revenues less expenses for current yearUSD $ 215,612
Revenues less expenses for previous yearUSD $ 192,643
Total expenses for current yearUSD $ 17,512,159
Total expenses for previous yearUSD $ 17,175,800
Other expenses in current yearUSD $ 14,266,013
Other expenses in previous yearUSD $ 13,417,440
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,946,139
Employee salary and benefits paid in previous yearUSD $ 1,908,762
Benefits paid to or for members in current yearUSD $ 1,295,706
Benefits paid to or for members in previous yearUSD $ 1,846,148
Grants and similar amounts paid in current yearUSD $ 4,301
Grants and similar amounts paid in previous yearUSD $ 3,450
Total revenue in current fiscal yearUSD $ 17,727,771
Total revenue in previous fiscal yearUSD $ 17,368,443
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 159,042
Gross sales of inventory assetsUSD $ 227,274

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 410443755

USA Mailing Address
PO BOX 788
WORTHINGTON
MN
56187
Date first seen: 2008-01-01
Date last seen: 2024-04-30

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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