Shelby Electric Cooperative

Unknown organization based in Shelbyville, IL. 72 employees. Exempt under §501(c)(12).

MissionTo provide reliable electric power and related services to our members at an affordable cost.

Financial snapshot · TY 2024

$41.5M
Total revenue
$38.6M
Total expenses
$89.2M
Net assets

Financial health · TY 2024

45
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
18.1 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
27
Mix of program fees, grants & contributions

Leadership compensation

$235,397
Nicholas J Ray
Operations
$179,986
$176,842
Lucas C Morse
Operations
$173,991

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Shelby Electric Cooperative Executive Compensation | 990 Data | DoubleNine