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EIN 75-0481385

Panola-Harrison Electric

IRS 501(c) type
501(c)(12)
Num. employees
42
City
Marshall
State
Texas
Year formed
1937
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
Panola-Harrison Electric Cooperative operates as a member-owned entity that delivers affordable electrical power to its members. It distributes electricity and related services to rural customers in Panola and Harrison counties in Texas, as well as Caddo and DeSoto parishes in Louisiana. The cooperative manages the supply of electric service to approximately 20,600 rural customer meters.
Total revenues
$41,068,710
2023
Total expenses
$41,068,710
2023
Total assets
$68,891,397
2023
Num. employees
42
2023

Program areas at Panola-Harrison Electric

Supplying Electric service to approximately 20,660 rural customer meters

Personnel at Panola-Harrison Electric

NameTitleCompensation
Michael A HaynesGeneral Manager
Robert FisherDirector of Outside Operations$118,251
Codie StewartLineman$132,982
Jason BursonServiceman and Service Lineman$123,040
M Austin HaynesPast General Manager$162,535
...and 8 more key personnel

Financials for Panola-Harrison Electric

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$40,096,282
Investment income and dividends$296,807
Tax-exempt bond proceeds$0
Royalty revenue$4,428
Net rental income$-995
Net gain from sale of non-inventory assets$15,618
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$656,570
Total revenues$41,068,710

Form 990s for Panola-Harrison Electric

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-17990View PDF
2022-122023-09-15990View PDF
2021-122022-10-13990View PDF
2020-122021-09-27990View PDF
2019-122021-06-08990View PDF
...and 10 more Form 990s

Organizations like Panola-Harrison Electric

OrganizationLocationRevenue
Washington Electric Cooperative inMarietta, OH$22,812,534
Northeast La Power CooperativeWinnsboro, LA$35,033,427
Consumers PowerPhilomath, OR$47,215,867
Bayfield Electric CooperativeIron River, WI$15,276,420
Mid-Ohio Energy CooperativeKenton, OH$25,839,126
South Kentucky Rural Electric Cooperative CorporationSomerset, KY$153,526,188
Clark County Rural Electric Membership CorporationSellersburg, IN$71,631,326
Vermont Electric CooperativeJohnson, VT$100,257,337
Southeastern Indiana Rural Electric Membership CorporationOsgood, IN$36,023,965
Wake Electric Membership CorporationWake Forest, NC$105,727,856
Data update history
November 14, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 26, 2023
Used new vendors
Identified 2 new vendors, including , and
July 30, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 28, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 1058
Marshall, TX 75671
Metro area
Longview, TX
County
Harrison County, TX
Website URL
phec.us/ 
Phone
(903) 935-7936
IRS details
EIN
75-0481385
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
Independent
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