Overview

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Est.

1938

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Farmers Electric Cooperative Inc, identified by EIN 42-0243365, is a nonprofit organization dedicated to providing its members with a dependable quality and quantity of electrical energy. With an operating budget of $13.5 million and total revenue of $15.6 million for the 2024 fiscal year, the cooperative focuses on public utilities and serves its community through reliable energy solutions. More information can be found on their website at www.farmersrec.com.

Mission Statement

TO PROVIDE OUR MEMBERS WITH A DEPENDABLE QUALITY AND QUANTITY OF ELECTRICAL ENERGY.
Revenues
$15.6M
Expenses
$15.4M
Net Income:
+$204.1K
Assets
$48M
Liabilities
$22.1M
Net Assets:
+$25.9M
Operating Budget
$13.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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H
Holi Weston
Board Member
L
Lori Kinyon
Board Member
M
Mark Earhart
Board Member

Frequently Asked Questions

What is FARMERS ELECTRIC COOPERATIVE INC’s budget?
In 2024, FARMERS ELECTRIC COOPERATIVE INC reported an annual operating budget of around $13.5 million. More detailed financial information is available to registered users.
What causes does FARMERS ELECTRIC COOPERATIVE INC support?
FARMERS ELECTRIC COOPERATIVE INC supports work in Public utilities.
Where does FARMERS ELECTRIC COOPERATIVE INC operate?
FARMERS ELECTRIC COOPERATIVE INC is headquartered in Greenfield, IA.