NonprofitsUpshur-Rural Electric Cooperative Corporation

Upshur-Rural Electric Cooperative Corporation

GILMER, TX

Total revenue

$110.6M

Total expenses

$110.6M

Net assets

$129.0M

Grants received

EIN

750628787

Tax year

2024

Mission

URECC provides affordable, reliable electric energy consistent with sound economy, safety, and quality management to our members and the communities we serve.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$108.6M
Investment income$105K
Other revenue$1.9M
Total revenue$110.6M

Expenses

Grants paid
Salaries & benefits$4.4M
Fundraising
Other expenses$104.3M
Total expenses$110.6M
Total assets$281.3M
Net assets$129.0M

People

18 listed

NameRoleCompensation

Robert A Walker Jr

Chief Executive Officer

Board

$314K

50 hrs/wk

Damon G Means

Chief Financial Officer

Board

$177K

45 hrs/wk

Melissa D Reeves

Chief Business Officer

Board

$176K

45 hrs/wk

John Douglas Murphy

Chief Operating Officer

Board

$170K

45 hrs/wk

Frankie B King

President, Board of Directors

Board

$26K

6.61 hrs/wk

Samuel Rex Youngblood

Assistant Secretary-Treasurer, Board of Directors

Board

$24K

4.6 hrs/wk

Jonathan Hunt

Director

Board

$24K

8.98 hrs/wk

Robert A Branham

Vice-President, Board of Directors

Board

$23K

5.17 hrs/wk

Sherry Morgan

Secretary-Treasurer, Board of Directors

Board

$22K

1.85 hrs/wk

R Cody Newman

Director

Board

$22K

8.7 hrs/wk

Henry Jackson

Director

Board

$20K

3.66 hrs/wk

J P Abernathy

Director

Board

$20K

4.23 hrs/wk

Charles H Whiteside

Director

Board

$17K

2.43 hrs/wk

Martin E Aguillon

Serviceman

Staff

$167K

66.16 hrs/wk

Clayton Harris

Substation Foreman

Staff

$167K

58.52 hrs/wk

Dakota Dudley

Crew Foreman

Staff

$161K

57.57 hrs/wk

Billy J Schuler

Serviceman

Staff

$158K

58 hrs/wk

Patrick Gordon

Crew Foreman

Staff

$154K

53.35 hrs/wk

Independent contractors

Harris Line Service

ROW Services

$3.6M

Northeast Texas Power LTD

Power Line Construction

$621K

REI Utility Services LLC

Pole Attachment Services

$452K

Holland & Knight LLP

Legal Services

$440K

Ramirez Tree Services Inc

ROW Services

$359K

Details

EIN750628787
Subsection12
Ruling date1939-07
Formed1937
Employees139
Volunteers0
UPSHUR-RURAL ELECTRIC COOPERATIVE CORPORATION — Mission, Financials & Grants Received | Grantivo