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  4. Hilco Electric Cooperative
EIN 74-0683625

Hilco Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
96
City
Itasca
State
Texas
Year formed
1936
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
The Cooperative's responsibility and aim is to provide excellent and innovative customer service as reflected in top quality Electric service reliability, affordable rates, employee teamwork and the highest degree of integrity in all Cooperative endeavors. The aim of the Cooperative is to provide Electric energy and other goods and services available to its members at the lowest cost consistent with sound economy and good management. To provide quality and reliable Electric service to members of the Cooperative.
Total revenues
$102,294,188
2022
Total expenses
$102,209,738
2022
Total assets
$206,251,275
2022
Num. employees
96
2022

Program areas at Hilco Electric Cooperative

Providing Electric energy to our members on a Cooperative basis through the allocation of patronage capital. There were 32,757 active services at year end.

Grants made by Hilco Electric Cooperative

GranteeGrant descriptionAmount
Hilco Electric TrustContribution for Sharing Success Program$10,000

Personnel at Hilco Electric Cooperative

NameTitleCompensation
Thomas CheekGeneral Manager and Chief Executive Officer$193,973
Daniel TaylorChief Operating Officer$180,642
Paula FarquharChief Financial Officer / Assistant General Manager of Administration / Assistant General Manager - Administration$196,306
Lea SandersChief Human Resources Officer$190,380
Matthew FehnelDirector of Is and It$132,114
...and 6 more key personnel

Financials for Hilco Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$101,832,695
Investment income and dividends$160,107
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-312,122
Net gain from sale of non-inventory assets$93,633
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$519,875
Total revenues$102,294,188

Form 990s for Hilco Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-06990View PDF
2021-122022-11-14990View PDF
2020-122021-11-04990View PDF
2018-122020-01-24990View PDF
2017-122019-03-15990View PDF
...and 8 more Form 990s

Organizations like Hilco Electric Cooperative

OrganizationLocationRevenue
A and N Electric CooperativeTasley, VA$86,304,717
Lea County Electric CooperativeLovington, NM$119,152,075
Bandera Electric CooperativeBandera, TX$101,364,554
Dixie Electric Power AssociationLaurel, MS$116,271,239
Kit Carson Electric CooperativeTaos, NM$57,387,729
South Central Indiana Rural Electric Membership CorporationMartinsville, IN$101,798,961
Tri-County Electric Membership CorporationLafayette, TN$150,554,249
Southwest Tennessee Electric Membership CorporationBrownsville, TN$132,788,370
Carroll White REMCMonticello, IN$51,037,731
Federated Rural Electric AssociationJackson, MN$40,566,669
Data update history
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 20, 2024
Updated personnel
Identified 1 new personnel
December 30, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
115 E Main St
Itasca, TX 76055
Metro area
Dallas-Fort Worth-Arlington, TX
County
Hill County, TX
Website URL
hilco.coop/ 
Phone
(254) 687-2331
IRS details
EIN
74-0683625
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1936
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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