Skip to content
Ask
← Funding

North Carolina · Nonprofit

NORTH CAROLINA ASSOCIATION OF ELECTRIC COOPERATIVES INC

NORTH CAROLINA ASSOCIATION OF ELECTRIC COOPERATIVES INC (North Carolina) receives grants from 1 organization whose IRS filings report $167,700 to it, the largest being NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION ($167,700). 1 of them have funded it in more than one year.

Revenue FY2025
$14M
Funders on record
1
Grants received
$168k
Net assets
$5.3M
1/1 repeat funderspeak grant-dependency 0%
01What it does

What North Carolina Association of Electric Cooperatives Inc does

Mission

Provide programs and services in support of rural electricifation

As stated on its FY2025 Form 990.

Programs

  1. Member services - conducted workshops, training sessions and special projects to provide personnel of member cooperatives opportunities to enhance work skills, job knowledge and performance.

    $4,211,546 spent
    31% of program spending

  2. Carolina country magazine - provided monthly magazine, approximately 720,000 copies per month, to customers of member cooperatives.

    $6,046,551 spent
    44% of program spending

  3. Job training & safety - provided job and safety training for lineman and other operations personnel of member cooperatives. Also, provided programs for youth volunteers, women's groups and local co-op personnel to strengthen the electric cooperative effort in north carolina.

    $1,550,380 spent
    11% of program spending

  4. Cooperative insights - provide analytical and other energy-related services to electric cooperative members and nonmembers.

    $1,970,935 spent
    14% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $13,779,412.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.

100 = 20202020 Revenue 100 ($11M) Expenses 100 ($11M) Net assets 100 ($2.3M)2021 Revenue 109 ($12M) Expenses 101 ($11M) Net assets 120 ($2.8M)2022 Revenue 117 ($13M) Expenses 110 ($12M) Net assets 133 ($3.1M)2023 Revenue 125 ($13M) Expenses 115 ($13M) Net assets 160 ($3.7M)2024 Revenue 129 ($14M) Expenses 118 ($13M) Net assets 187 ($4.3M)2025 Revenue 128 ($14M) Expenses 123 ($14M) Net assets 227 ($5.3M)
202020212022202320242025
Revenue (128)Expenses (123)Net assets (227)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $4.8M to $5.9M (+24%).

$2.6M
$3.3M
$3.5M
$4.3M
$4.8M
$5.9M
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.

−$408k
’20
$453k
’21
$307k
’22
$625k
’23
$625k
’24
$21k
’25
2.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Joseph P Brannan

EVP and CEO

As listed on its FY2025 Form 990.

202020212022202320242025
Listed585958585860
Joined·+6+8+6+4+8
No longer listed·59646
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income rose $17k → $22k.

Funder
'17
'18
'19
'21
'22
'23
'24*
'25*
total
funders
1
1
1
1
1
1
1
1

From the IRS filings of NORTH CAROLINA ASSOCIATION OF ELECTRIC COOPERATIVES INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

NORTH CAROLINA ASSOCIATION OF ELECTRIC COOPERATIVES INC draws 100% of its grant income from funders outside North Carolina, across 1 state in all.

VA

In-state vs out-of-state, by year

’17
’18
’19
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like NORTH CAROLINA ASSOCIATION OF ELECTRIC COOPERATIVES INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nc Greenpower Corporation85%North Carolina Education Corps84%North Carolina Community Development Initiative Inc83%North Carolina Sustainable Energy Association83%Jones-Onslow Electric Membership Corporation83%Northwest Community Care Network Inc83%Ncha Inc83%Nc State University Partnership Corporation82%

Nationally

Nc Greenpower Corporation85%Electric Cooperatives of South Carolina84%Newberry Electric Cooperative Inc84%North Carolina Education Corps84%North Carolina Community Development Initiative Inc83%North Georgia Electric Membership Corporation83%Northwestern Rural Electric Cooperative Association Inc83%North Carolina Sustainable Energy Association83%
05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

52
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

NC

Part of a family of 2 related entities

  • North Carolina Electric Membership · exempt
  • The Tarheel Electric Membership · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for NORTH CAROLINA ASSOCIATION OF ELECTRIC COOPERATIVES INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NORTH CAROLINA ASSOCIATION OF ELECTRIC COOPERATIVES INC?
NORTH CAROLINA ASSOCIATION OF ELECTRIC COOPERATIVES INC (North Carolina) receives grants from 1 organization whose IRS filings report $167,700 to it, the largest being NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION ($167,700). 1 of them have funded it in more than one year.
How many funders does NORTH CAROLINA ASSOCIATION OF ELECTRIC COOPERATIVES INC have?
IRS filings report 1 organization giving $167,700 in grants to NORTH CAROLINA ASSOCIATION OF ELECTRIC COOPERATIVES INC, 1 of which have funded it in more than one year.
Who is the largest funder of NORTH CAROLINA ASSOCIATION OF ELECTRIC COOPERATIVES INC?
NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION is the largest funder on record, with $167,700 in grants. The full list of funders is on this page.
How can an organization like NORTH CAROLINA ASSOCIATION OF ELECTRIC COOPERATIVES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds North Carolina Association of Electric Cooperatives →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing