Nonprofits›Farmers Electric Cooperative Corporation
Farmers Electric Cooperative Corporation
NEWPORT, AR
Total revenue
$13.5M
Total expenses
$13.5M
Net assets
$21.0M
Grants received
—
EIN
710054405
Tax year
2024
Mission
To make electric energy available to its members at the lowest cost consistent with sound economy and good management.
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$12.4M
Investment income$1.0M
Other revenue$45K
Total revenue$13.5M
Expenses
Grants paid—
Salaries & benefits$652K
Fundraising—
Other expenses$11.4M
Total expenses$13.5M
Total assets$54.8M
Net assets$21.0M
People
9 listed
NameRoleCompensation
CANDACE SHIRLEY
SECRETARY-TR
Board
$30K
2 hrs/wk
SCOTT MEARS
DIRECTOR
Board
$27K
2 hrs/wk
KENNY FALWELL
PRESIDENT
Board
$24K
2 hrs/wk
SAM HOUSTON
VICE PRESIDE
Board
$23K
2 hrs/wk
MICHAEL HONEY
DIRECTOR
Board
$23K
2 hrs/wk
SCOTT FOUSHEE
DIRECTOR
Board
$4K
2 hrs/wk
TODD HULETT
DIRECTOR
Board
$2K
2 hrs/wk
LARRY BRIGHT
GENERAL MANA
Staff
$189K
40 hrs/wk
RONALD MARK BOWEN
CONST SUPERI
Staff
$106K
50 hrs/wk
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Details
EIN710054405
Subsection12
Ruling date1938-02
Formed1937
Employees24