Nonprofit · EIN 61-0294540
NOLIN RURAL ELECTRIC COOPERATIVE CORPORATION
Tax-exempt · ELIZABETHTOWN, KY 42701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $97,084,648 | $97,084,648 | $0 | $168,258,293 | $65,464,882 | $102,793,411 |
| December 31, 2024 | 990 | $94,669,933 | $94,669,933 | $0 | $168,279,334 | $67,650,786 | $100,628,548 |
| December 31, 2023 | 990 | $88,481,923 | $88,481,923 | $0 | $169,582,019 | $74,036,571 | $95,545,448 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $93,019,965
- Investment income
- $743,077
- Net gain from sales of assets
- $35,013
- Other revenue
- $3,321,606
Expenses
- Grants and similar amounts paid
- $15,750
- Benefits paid to members
- $2,658,656
- Compensation of officers, directors and key employees
- $568,192
- Other salaries and wages
- $9,145,811
- Salaries, compensation and benefits (total)
- $15,944,360
- Professional fundraising fees
- $0
- Legal fees
- $11,658
- Accounting fees
- $31,362
- Depreciation
- $5,364,193
Balance sheet and other
- Total assets, start of year
- $168,279,334
- Total assets, end of year
- $168,258,293
- Total liabilities, end of year
- $65,464,882
- Net assets, end of year
- $102,793,411
- Land, buildings and equipment
- $82,469,219
- Gross receipts
- $97,084,648
- Employees
- 105
- Volunteers
- 0
- Year formed
- 1937
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GREG LEE | PRESIDENT/CEO Officer | 40.03 | $282,749 | $109,522 |
| CHELSEA FABER | VP CORPORATE SERVICES Highest-paid employee | 40.4 | $161,480 | $70,375 |
| DAVID COX | VP INFORMATION TECHNOLOGY Highest-paid employee | 40.38 | $156,892 | $68,353 |
| RUSS STRANGER | FT KNOX GENERAL FOREMAN Highest-paid employee | 54.81 | $163,596 | $54,741 |
| ANTHONY HUFF | SENIOR LINE TECH Highest-paid employee | 53.27 | $155,449 | $46,896 |
| SARA ROBERSON | VP, ADMINISTRATION/FINANCE Officer | 42.1 | $171,799 | $18,905 |
| ANDREW PATTERSON | MANAGER OPERATIONS Highest-paid employee | 41 | $157,927 | $18,296 |
| LINDA GRIMES | DIRECTOR Trustee or director | 6.52 | $21,843 | $0 |
| MARK COCHRAN | DIRECTOR Trustee or director | 5.02 | $20,643 | $0 |
| RAYMOND THOMAS | SECRETARY/TREASURER Trustee or director, Officer | 8.22 | $18,443 | $0 |
| GENE STRANEY | VICE CHAIRMAN Trustee or director, Officer | 5.74 | $18,067 | $0 |
| DAVID BROWN | CHAIRMAN Trustee or director, Officer | 4.15 | $17,443 | $0 |
| LAWRENCE IRELAND | DIRECTOR Trustee or director | 2.35 | $17,205 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GREG LEE | PRESIDENT/CEO Officer | 39.91 | $265,204 | $104,752 |
| DAVID COX | VP INFORMATION TECHNOLOGY Highest-paid employee | 40.47 | $151,466 | $67,780 |
| ANTHONY HUFF | SR LINE TECH/CREW LEADER Highest-paid employee | 57.62 | $165,218 | $46,493 |
| RUSS STANGER | SR LINE TECH/CREW LEADER Highest-paid employee | 54.67 | $152,692 | $54,748 |
| JOSHUA SANDERS | SR LINE TECH/CREW LEADER Highest-paid employee | 54.07 | $151,155 | $53,348 |
| SARA ROBERSON | VP, ADMINISTRATION/FINANCE Officer | 43.17 | $159,681 | $25,474 |
| ANDREW PATTERSON | MGR OF OPERATIONS Highest-paid employee | 41.88 | $150,059 | $19,271 |
| MARK COCHRAN | DIRECTOR Trustee or director | 6.54 | $24,030 | $0 |
| LINDA GRIMES | DIRECTOR Trustee or director | 5.92 | $21,839 | $0 |
| RAYMOND THOMAS | SECRETARY/TREASURER Trustee or director, Officer | 6.54 | $20,639 | $0 |
| GENE STRANEY | VICE CHAIRMAN Trustee or director, Officer | 5.54 | $18,647 | $0 |
| DAVID BROWN | CHAIRMAN Trustee or director, Officer | 4.75 | $18,439 | $0 |
| LAWRENCE IRELAND | DIRECTOR Trustee or director | 2.63 | $17,980 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GREG LEE | PRESIDENT/CEO Officer | 40.55 | $260,782 | $96,916 |
| SARA ROBERSON | VP, ADMINISTRATION/FINANCE Officer | 42.82 | $154,462 | $68,042 |
| DAVID COX | VP INFORMATION TECHNOLOGY Highest-paid employee | 40.71 | $144,700 | $66,538 |
| CHELSEA FABER | VP CORPORATE SERVICES Highest-paid employee | 41.1 | $144,776 | $63,588 |
| RUSS STANGER | LEAD FOREMAN Highest-paid employee | 53.35 | $147,712 | $52,450 |
| DEVON WOOSLEY | MANAGER ENGINEERING Highest-paid employee | 44.34 | $131,027 | $59,189 |
| ANDREW PATTERSON | MGR OF OPERATIONS Highest-paid employee | 41.63 | $147,505 | $20,036 |
| LINDA GRIMES | DIRECTOR Trustee or director | 7.45 | $26,572 | $0 |
| DAVID BROWN | CHAIRMAN Trustee or director, Officer | 5.35 | $20,972 | $0 |
| GENE STRANEY | VICE CHAIRMAN Trustee or director, Officer | 5.48 | $20,385 | $0 |
| RAYMOND THOMAS | SECRETARY/TREASURER Trustee or director, Officer | 6.38 | $19,772 | $0 |
| LAWRENCE IRELAND | DIRECTOR Trustee or director | 3.23 | $19,720 | $0 |
| MARK COCHRAN | DIRECTOR Trustee or director | 4.62 | $14,930 | $0 |
| AL ROSENBERGER | FORMER OFFICER Former | 2.43 | $10,530 | $0 |
Address and contacts
- Address (IRS master file)
- 411 RING RD, ELIZABETHTOWN, KY 42701-6767
- Principal officer (990 for 2025)
- GREG LEE, 411 RING ROAD, ELIZABETHTOWN, KY 42701
- Signed the 990
- GREG LEE, PRESIDENT & CEO
- Phone
- (270) 765-6153
- Website
- WWW.NOLINRECC.COM
- Return prepared by
- JONES NALE & MATTINGLY PLC
Mission
PROVIDE ELECTRIC SERVICE ON A PATRONAGE BASIS TO A MONTHLY AVERAGE OF 39,143 CONSUMERS.
Program accomplishments
- PROVIDE ELECTRIC SERVICE ON A PATRONAGE BASIS TO A MONTHLY AVERAGE OF 39,143 CONSUMERS.Expenses $97,084,648 · grants $15,750 · revenue $96,006,825
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 61-0294540
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1940
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $168,258,293
- Income (IRS master file)
- $97,084,648
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $97,084,648 | $97,084,648 | $168,258,293 | IRS |
| 990 | December 2024 | $94,669,933 | $94,669,933 | $168,279,334 | IRS |
| 990 | December 2023 | $88,481,923 | $88,481,923 | $169,582,019 | XML |
| 990 | December 2022 | $102,908,461 | $102,908,461 | $173,608,448 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-0294540).
Questions about NOLIN RURAL ELECTRIC COOPERATIVE CORPORATION
- What is the EIN of NOLIN RURAL ELECTRIC COOPERATIVE CORPORATION?
- The employer identification number (EIN) of NOLIN RURAL ELECTRIC COOPERATIVE CORPORATION is 61-0294540.
- Is NOLIN RURAL ELECTRIC COOPERATIVE CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1940.
- Are donations to NOLIN RURAL ELECTRIC COOPERATIVE CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NOLIN RURAL ELECTRIC COOPERATIVE CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NOLIN RURAL ELECTRIC COOPERATIVE CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NOLIN RURAL ELECTRIC COOPERATIVE CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NOLIN RURAL ELECTRIC COOPERATIVE CORPORATION?
- The 990 for the year ended December 31, 2025 names GREG LEE.
- Who are the officers and directors of NOLIN RURAL ELECTRIC COOPERATIVE CORPORATION?
- The 990 for the year ended December 31, 2025 lists 13 people; 13 received compensation from the organization, the highest $282,749 (GREG LEE, PRESIDENT/CEO).
- How much revenue does NOLIN RURAL ELECTRIC COOPERATIVE CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $97,084,648, expenses of $97,084,648 and total assets of $168,258,293 at year end.
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