Program areas at NHEC
All receipts from sale of Electric energy and related service activities in excess of operating costs are received with the understanding that it is furnished by the patrons as capital. This capital shall be allocated to the Cooperative member on a patronage basis. Currently, New Hampshire Electric Cooperative, Inc. Provides Electric energy to approximately 85,000 active member services throughout New Hampshire.
The broadband division, a single member llc, provides broadband internet services through the construction of a fiber-optic network. When cumulative net margins derived from member sales of broadband internet services exceed cumulative losses from such sales, the Cooperative will allocate patronage capital to the members.
Personnel at NHEC
| Name | Title | Compensation | Date of data |
|---|
| Alyssa Clemsen Roberts | Chief Executive Officer | $134,175 | 2023-05-01 |
| Steven Camerino | President and Chief Executive Officer | $401,183 | 2021-12-31 |
| James Bakas | Interim GM and C | $248,554 | 2022-12-31 |
| Drew Dunagin | Vice President Finance Serv | $232,837 | 2022-12-31 |
| Geoffrey Ziminsky | Vice President Technology Bus Serv. | $198,686 | 2022-12-31 |
| ...and 15 more key personnel |
Financials for NHEC
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $185,921,414 | $155,000,653 | 19.9% |
| Investment income and dividends | $2,039 | $11,773 | -82.7% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $13,161 | $16,580 | -20.6% |
| Net gain from sale of non-inventory assets | $0 | $73,840 | -100% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $3,888 | -100% |
| Miscellaneous revenues | $127,350 | $0 | 999% |
| Total revenues | $186,063,964 | $155,106,734 | 20% |
Organizations like NHEC
| Organization | Type | Location | Revenue |
|---|
| Consumers Power | 501(c)(12) | Philomath, OR | $47,215,867 |
| Sequachee Valley Electric Cooperative | 501(c)(12) | South Pittsburg, TN | $112,585,937 |
| Inland Power and Light | 501(c)(12) | Spokane, WA | $94,666,539 |
| Alaska Village Electric Cooperative | 501(c)(12) | Anchorage, AK | $69,708,185 |
| Sulphur Springs Valley Electric Cooperative | 501(c)(12) | Willcox, AZ | $139,123,621 |
| Dixie Electric Membership Corporation | 501(c)(12) | Baton Rouge, LA | $316,976,547 |
| Southern Maryland Electric Cooperative | 501(c)(12) | Hughesville, MD | $558,196,918 |
| Tideland Electric Membership Corporation | 501(c)(12) | Pantego, NC | $52,138,305 |
| Choptank Electric Cooperative | 501(c)(12) | Denton, MD | $164,513,922 |
| Golden Valley Electric Association | 501(c)(12) | Fairbanks, AK | $290,488,698 |
Data update history
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 29, 2023
Updated personnel
Identified 1 new personnel
June 26, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 11, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local levelReceives government funding
General information
- Address
- 579 Tenney Mountain Hwy
- Plymouth, NH 03264
- County
- Grafton County, NH
- Website URL
- nhec.com/
- Phone
- (800) 698-2007
- Facebook page
- New-Hampshire-Electric-Cooperative
- Twitter profile
- @nhec_outage
IRS details
- EIN
- 02-0172119
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1939
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- W80: Public Utilities
- NAICS code, primary
- 2211: Electric Power Generation, Transmission, and Distribution Establishments
- Parent/child status
- Central organization
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