EIN 75-0263046

Farmers Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
191
State
Year formed
1937
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Farmers Electric Cooperative provides quality electric service to member-owners at a reasonable cost. It provides electric energy to its members cooperatively by allocating patronage capital. At year-end, it had 88,070 active services.
Total revenues
$223,821,354
2022
Total expenses
$219,660,101
2022
Total assets
$432,838,169
2022
Num. employees
191
2022

Program areas at Farmers Electric Cooperative

Providing Electric energy to our members on a Cooperative basis through the allocation of patronage capital. There were 88,070 active services at year end.

Grants made by Farmers Electric Cooperative

GranteeGrant descriptionAmount
Rains County Fair AssociationSupport Community Youth at Livestock Show.$6,495
Wylie Show and Sale Fair BoardSupport Community Youth at Livestock Show$6,016

Personnel at Farmers Electric Cooperative

NameTitleCompensation
Mark StubbsChief Executive Officer and General Manager$571,488
Kathy ScrogginsChief Financial Officer and Director of Finance$276,986
David Mark LylesDirector of Administration$269,462
Brian GreenDirector of Engineering and Operations / Director of Engr and Operations / Director of Engineering and Op$344,521
Samantha Crouch BaxterGeneral Counsel and SR Director of PS and Es / General Counsel and Director Member Services$327,016
...and 13 more key personnel

Financials for Farmers Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$222,604,716
Investment income and dividends$159,990
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$9,500
Net gain from sale of non-inventory assets$734
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$10
Miscellaneous revenues$1,046,404
Total revenues$223,821,354

Form 990s for Farmers Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-06990View PDF
2021-122022-10-20990View PDF
2020-122021-11-03990View PDF
2019-122021-06-08990View PDF
2018-122020-02-19990View PDF
...and 9 more Form 990s

Organizations like Farmers Electric Cooperative

OrganizationLocationRevenue
Hilco Electric CooperativeItasca, TX$102,294,188
Taylor Electric CooperativeMerkel, TX$72,269,537
Pedernales Electric CooperativeJohnson City, TX$838,417,831
Coserv ElectricCorinth, TX$826,144,853
N. W. Electric Power CooperativeCameron, MO$113,398,837
Wolverine Power Supply CooperativeCadillac, MI$706,588,810
Guadalupe Valley Electric CooperativeGonzales, TX$333,516,518
Sequachee Valley Electric CooperativeSouth Pittsburg, TN$112,585,937
Dakota Electric AssociationFarmington, MN$219,708,380
Glades Electric CooperativeMoore Haven, FL$56,574,732
Data update history
December 31, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Updated personnel
Identified 4 new personnel
December 25, 2023
Used new vendors
Identified 3 new vendors, including , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
2000 I-30 East
Greenville, TX 75402
Metro area
Dallas-Fort Worth-Arlington, TX
County
Hunt County, TX
Website URL
farmerselectric.coop/ 
Phone
(903) 455-1715
IRS details
EIN
75-0263046
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Central organization
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