Overview

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Est.

1937

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

FIRST ELECTRIC COOPERATIVE CORPORATION is a public utilities organization focused on providing quality, reliable, and affordable electric service to its members. For filing year 2024, it reported an operating budget of $259.7M and total revenue of $270.3M, reflecting a large-scale utility operation.

Mission Statement

TO PROVIDE QUALITY, RELIABLE AND AFFORDABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE.
Revenues
$270.3M
Expenses
$273.5M
Net Income:
-$3.2M
Assets
$842.4M
Liabilities
$522.1M
Net Assets:
+$320.3M
Operating Budget
$259.7M
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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M
Mark Snowden
Board Member
M
Melissa Felty
Board Member
D
David Luebke
Board Member
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  • 44 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is FIRST ELECTRIC COOPERATIVE CORPORATION’s budget?
In 2024, FIRST ELECTRIC COOPERATIVE CORPORATION reported an annual operating budget of around $259.7 million. More detailed financial information is available to registered users.
What causes does FIRST ELECTRIC COOPERATIVE CORPORATION support?
FIRST ELECTRIC COOPERATIVE CORPORATION supports work in Public utilities.
Where does FIRST ELECTRIC COOPERATIVE CORPORATION operate?
FIRST ELECTRIC COOPERATIVE CORPORATION is headquartered in Jacksonville, AR.