NonprofitsFarmers Electric Cooperative Inc

Farmers Electric Cooperative Inc

CHILLICOTHE, MO

Total revenue

$33.4M

Total expenses

$32.3M

Net assets

$47.2M

Grants received

EIN

440241597

Tax year

2024

Mission

To safely provide its members with reliable electricity

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$33.1M
Investment income$280K
Other revenue
Total revenue$33.4M

Expenses

Grants paid
Salaries & benefits$597K
Fundraising
Other expenses$30.3M
Total expenses$32.3M
Total assets$113.0M
Net assets$47.2M

People

15 listed

NameRoleCompensation

Donald Smith

General Manager

Board

$238K

50 hrs/wk

Lacey Capps

CFO

Board

$126K

50 hrs/wk

Glen Waters

President

Board

$17K

7 hrs/wk

Stanley Switzer

Director

Board

$17K

5 hrs/wk

James Burk

Director

Board

$16K

11 hrs/wk

Larry Muck

Vice-President

Board

$16K

8 hrs/wk

Randy Railsback

Treasurer

Board

$15K

4 hrs/wk

Toni Cox

Secretary

Board

$10K

3 hrs/wk

Warren Hoyt

Treasurer

Board

$8K

4 hrs/wk

Sherry Jones

Director

Board

$4K

4 hrs/wk

Troy Hermanson

Operations Manager

Staff

$144K

50 hrs/wk

Aaron Wagers

Lead Lineman

Staff

$141K

49 hrs/wk

Brett Arthur

Substation Serviceman

Staff

$132K

46 hrs/wk

Jason Howe

Substation Serviceman

Staff

$131K

46 hrs/wk

Gregory Jones

Substation Serviceman

Staff

$129K

46 hrs/wk

Independent contractors

Kiowa Line Builders Inc

Line Construction

$677K

Asplundh Tree Expert Co

ROW Maintenance

$585K

Sellenriek Energy LLC

Line Construction

$504K

Dedicated Services LLC

PCB Testing

$135K

APEX ROW LLC

ROW Maintenance

$127K

Details

EIN440241597
Subsection12
Ruling date1939-05
Formed1938
Employees43
Volunteers0
FARMERS ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo