Mission
The aim of North Alabma Electric Cooperative is to make electric energy available to its members at the lowest cost consistent with sound economy and good management.
Public Charity
North Alabama Electric Cooperative
North Alabama Electric Cooperative is a Public Charity headquartered in Stevenson, AL. Financial data from the 2025 filing: $62.8M revenue, $58.7M expenses, $78.3M total assets.
EIN: 630153273
Stevenson, AL
Latest filing: 2025
Total Revenue$62.8M
Total Expenses$58.7M
Total Assets$78.3M
Grant Records0
Filing Years2021–2025
Where $100 goes at North Alabama Electric Cooperative
How North Alabama Electric Cooperative divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$96
Programs
the work itself
$4
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $96 for programs
$48
Utilizing approximately 2,340 miles of distribution lines, North Alabama Electric Cooperative provided 457,564,146 KWH's of electric energy to its cooperative members
$48
Utilizing approximately 2,300 miles of fiber internet, North Alabama Electric Cooperative provided dependable and affordable communications services to its cooperative members
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Trustee
Bobby Hicks
Electric Foreman
Brian Guinn
Office Manager
Chassity Haynes
General Manager
Gena Hall
Trustee
James Goins
CFO
John Powell
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $62.8M | $58.7M | $78.3M |
| 2024 | $58.7M | $54.4M | $73.2M |
| 2023 | $59.6M | $56.8M | $64.7M |
| 2022 | $55.5M | $51.1M | $61.2M |
| 2021 | $51.2M | $45.8M | $56.8M |
Between 2021 and 2025, reported annual revenue grew from $51.2M to $62.8M (+22%), with total assets most recently reported at $78.3M.
Interactive year-over-year charts and full filing details available with membership.