Nonprofits›Brazos Electric Rate Payer Hardship Fund
Mutual & Membership Benefit
Brazos Electric Rate Payer Hardship Fund
WACO, TX
Total revenue
$1.3M
Total expenses
$688K
Net assets
$145.6M
Grants received
$140M
1 grants
EIN
886793004
Tax year
2024
Mission
The principal purpose of the trust is to mitigate the impact of the february 2021 winter storm uri-related securitization charges on low income cooperative ratepayers of the participating 15 brazos electric member cooperatives in this trust.
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue—
Investment income$1.3M
Other revenue—
Total revenue$1.3M
Expenses
Grants paid$254K
Salaries & benefits—
Fundraising—
Other expenses$434K
Total expenses$688K
Total assets$145.6M
Net assets$145.6M
People
7 listed
NameRoleCompensation
PAULA FARQUHAR
PRESIDENT
Board
—
1 hrs/wk
RUSSELL YOUNG
VICE PRESIDENT
Board
—
1 hrs/wk
JILL SADBERRY
SECRETARY
Board
—
1 hrs/wk
JIM BATES
TRUSTEE
Board
—
1 hrs/wk
STEPHEN MEERS
TRUSTEE
Board
—
1 hrs/wk
JUSTIN STAPLETON
TRUSTEE
Board
—
1 hrs/wk
RYAN FUHRMANN
TRUSTEE
Board
—
1 hrs/wk
Independent contractors
SOLIX INC
ELIGIBILITY PROGRAM ADMIN
Grants received
Showing 1 of 1
FromAmountPurposeYear
Funded by
$140M from 1 funder · 1 grant · 2022
Brazos Electric Power Cooperative Inc
$140M · 1 grant · 2022
Details
EIN886793004
NTEE codeY12
Subsection04
Ruling date2023-06
Formed2022
Employees0
Volunteers7