New Hampshire Electric Cooperative Inc
501(c)(12)
Strong reserves
New Hampshire Electric Cooperative Inc is a 501(c)(12) organization based in Plymouth, New Hampshire, registered in 1971, with $176,002,857 in FY2024 revenue.
579 Tenney Mountain Hwy, Plymouth, NH, 03264 EIN 02-0172119 Since 1971
Revenue (FY2024)
$176.0M
▼ 3.9% vs prior year
Expenses (FY2024)
$179.3M
Net assets
$147.6M
Employees
262
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
★★★★
Rated on 3 of 4 criteria — the rest aren't reported in this filing type.
Capped at A — the top grade requires the fuller disclosure of a complete Form 990.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for New Hampshire Electric Cooperative Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For New Hampshire Electric Cooperative Inc: 10 mo reserves · -2% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For New Hampshire Electric Cooperative Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For New Hampshire Electric Cooperative Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
New hampshire electric cooperative, inc provides electric energy and broadband services to its members throughout the state of new hampshire.
What they do
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.
Contact & location
- Address
- 579 Tenney Mountain Hwy, Plymouth, NH, 03264
- City
- Plymouth
- State
- New Hampshire
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $125.2M (FY2013) to $176.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $269.9MNet assets $147.6M
Operating margin
-1.8%
Spent more than it raised in the latest fiscal year.
Total assets
$417.6M
Total liabilities
$269.9M
Net assets
$147.6M
Salaries & benefits
$28.6M
16% of expenses
Board members
11
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $176,002,857▼3.9% | $179,254,679▼3.4% | $147,613,836▲2.5% | $417,557,785▲15.9% | 990 |
| 2023 | $183,216,707▼1.5% | $185,643,480▼1.0% | $144,012,618▲0.8% | $360,411,315▲10.5% | 990 |
| 2022 | $186,063,964▲20.0% | $187,535,765▲18.6% | $142,801,361▲1.7% | $326,303,689▲11.2% | 990 |
| 2021 | $155,106,734▲9.4% | $158,184,069▲11.6% | $140,397,214▲0.3% | $293,476,892▲2.6% | 990 |
| 2020 | $141,721,140▼0.8% | $141,721,140▼0.8% | $139,913,130▲3.4% | $286,001,389▲0.7% | 990 |
| 2019 | $142,800,980▼2.0% | $142,800,980▼2.0% | $135,303,330▲5.5% | $284,059,644▼1.4% | 990 |
| 2018 | $145,725,030▲4.3% | $145,725,030▲4.3% | $128,257,680▲0.1% | $288,200,763▲6.9% | 990 |
| 2017 | $139,750,302▲8.3% | $139,750,302▲8.3% | $128,089,712▲5.6% | $269,510,536▲6.9% | 990 |
| 2016 | $129,067,359▼7.3% | $129,067,359▼7.3% | $121,283,438▲7.8% | $252,059,464▲1.7% | 990 |
| 2015 | $139,186,564▲3.1% | $139,186,564▲3.3% | $112,503,094▲9.2% | $247,948,130▼2.2% | 990 |
| 2014 | $135,005,771▲7.9% | $134,792,590▲8.4% | $102,985,582▲5.8% | $253,426,450▼1.6% | 990 |
| 2013 | $125,163,294 | $124,301,055▲8.9% | $97,317,488▲7.2% | $257,418,086▲12.4% | 990 |
| 2012 | — | $114,104,871▼7.1% | $90,792,567▲12.2% | $229,083,926▲9.9% | 990 |
| 2011 | — | $122,761,745▲1.8% | $80,886,188▲18.5% | $208,536,458▲1.6% | 990 |
| 2010 | — | $120,628,842 | $68,255,126 | $205,322,581 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Alyssa Clemsen Roberts — $483,751 (0.27% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Alyssa Clemsen Roberts | Ceo | 54 | $483,751 |
| Michael Jennings | Vp- Energy D | 51 | $270,772 |
| Kristen Taylor | Cfo/vp of Fi | 50 | $238,829 |
| Peter Glenshaw | Vp of Member | 42 | $238,186 |
| Sonja Gonzalez | Vp of Info. | 44 | $237,483 |
| Carla Munoz | Vp of People | 48 | $236,662 |
| Joshua Mazzei | Vp of Operat | 52 | $232,325 |
| Jeremy Claar | Lineworker | 60 | $204,506 |
| Joseph Couture | Lineworker | 60 | $202,831 |
| Colin Mcdonough | Lineworker | 59 | $196,876 |
| James Horan | Director of | 44 | $187,517 |
| Joshua Collier | Lineworker | 59 | $186,248 |
| William Darcy | Board Chair | 20 | $38,500 |
| Thomas Mongeon | Assistant Tr | 7 | $28,350 |
| Alana Albee | Vice Chair | 3 | $25,400 |
| Leo Dwyer | Director | 7 | $24,950 |
| Jeffrey Morrill | Secretary | 6 | $24,700 |
| Harry Veins | Director | 5 | $22,250 |
| Jerry Stringham | Treasurer | 6 | $18,100 |
| Patricia Barbour | Director | 4 | $15,800 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Eustis Cable Enterprises | Fiber | $31,352,323 |
| Asplundh Tree Expert | Right-of-way | $5,163,722 |
| Conexon LLC | Nhb Management | $4,687,860 |
| Bridgewell Resources | Poles | $1,619,956 |
| Nelson Tree Service LLC | Right-of-way | $1,000,496 |
Frequently asked questions
- Is New Hampshire Electric Cooperative Inc a legitimate nonprofit?
- Yes. New Hampshire Electric Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 02-0172119, based in Plymouth, New Hampshire.
- What is New Hampshire Electric Cooperative Inc's EIN?
- New Hampshire Electric Cooperative Inc's Employer Identification Number (EIN) is 02-0172119.
- How much revenue does New Hampshire Electric Cooperative Inc report?
- New Hampshire Electric Cooperative Inc reported $176,002,857 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does New Hampshire Electric Cooperative Inc's highest-paid employee make?
- The highest reported compensation on New Hampshire Electric Cooperative Inc's latest Form 990 is $483,751, paid to Alyssa Clemsen Roberts (Ceo).
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Data for New Hampshire Electric Cooperative Inc (EIN 02-0172119) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.