Nonprofits›Franklin Electric Cooperative
Franklin Electric Cooperative
RUSSELLVILLE, AL
Total revenue
$10.9M
Total expenses
$8.0M
Net assets
$33.2M
Grants received
—
EIN
630253927
Tax year
2024
Mission
Rural electricity distribution
Programs
1 program
Electric utility cooperative
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$10.7M
Investment income$191K
Other revenue—
Total revenue$10.9M
Expenses
Grants paid—
Salaries & benefits$291K
Fundraising—
Other expenses$7.7M
Total expenses$8.0M
Total assets$58.7M
Net assets$33.2M
People
10 listed
NameRoleCompensation
MARK STOCKTON
GENERAL MANA
Board
$190K
40 hrs/wk
JOHN SHEWBERT
PRESIDENT
Board
$10K
1 hrs/wk
BOBBY HOOPER
SECRETARY-TR
Board
$10K
1 hrs/wk
JAMES MCKINNEY
TRUSTEE
Board
$10K
1 hrs/wk
ROGER BOYD
TRUSTEE
Board
$10K
1 hrs/wk
STEVE MCGUIRE
VICE PRESIDE
Board
$10K
1 hrs/wk
STANLEY HOLLAND
TRUSTEE
Board
$10K
1 hrs/wk
JIMMY MONTGOMERY
TRUSTEE
Board
$10K
1 hrs/wk
DEBBIE KING TAYLOR
TRUSTEE
Board
$9K
1 hrs/wk
DONNA HESTER
TRUSTEE
Board
$9K
1 hrs/wk
Details
EIN630253927
Subsection12
Ruling date1964-09
Formed1945
Employees27