- Revenue 2024
- $545,165,927
- Expenses 2024
- $545,165,927
As filed
- Subsection
- 12
- Classification
- 4000
- Street
- 905 S FILLMORE ST STE 300
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
TO DELIVER COST EFFECTIVE, COMPETITIVE AND RELIABLE POWER TO PROVIDE A SECURE ENERGY FUTURE FOR GENERATIONS TO COME BY CREATING OPPORTUNITIES, CULTIVATING COOPERATION AND NAVIGATING INDUSTRY RISK.
Activities or mission (Part I)
THE ORGANIZATION IS A CONSUMER-OWNED WHOLESALE ELECTRIC POWER SUPPLIER COOPERATIVE.
-
THE ORGANIZATION PROVIDES WHOLESALE ELECTRIC ENERGY UNDER LONG-TERM POWER PURCHASE AGREEMENTS WITH ITS 16 ELECTRIC DISTRIBUTION COOPERATIVE MEMBERS. WHOLESALE POWER IS PROVIDED ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL.
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Albert DanielALBERT DANIEL
DIRECTOR
- Total calculated
- $49,098
- From this org
- $49,098
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.9 + 0.5 related
-
Andrew Keith HicksANDREW KEITH HICKS
DIRECTOR
- Total calculated
- $42,718
- From this org
- $42,718
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4 + 0.5 related
-
Ben FranklinBEN FRANKLIN
DIRECTOR
- Total calculated
- $36,609
- From this org
- $36,609
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.2 + 0.5 related
-
Benny Dean NixonBENNY DEAN NIXON
DIRECTOR
- Total calculated
- $27,099
- From this org
- $27,099
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.8 + 0.5 related
-
Brent Lee McMillianBRENT LEE MCMILLIAN
DIRECTOR
- Total calculated
- $29,786
- From this org
- $29,786
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.7 + 0.5 related
-
Cecil DavisCECIL DAVIS
DIRECTOR
- Total calculated
- $32,645
- From this org
- $32,645
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.1 + 0.5 related
-
Dale AncellDALE ANCELL
DIRECTOR
- Total calculated
- $49,729
- From this org
- $49,729
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7.2 + 0.5 related
-
Danny HelmsDANNY HELMS
DIRECTOR
- Total calculated
- $53,402
- From this org
- $38,402
- From related orgs
- $0
- Other
- $15,000
- Hours/week
- 4.5 + 0.5 related
-
David SellDAVID SELL
DIRECTOR
- Total calculated
- $43,465
- From this org
- $43,465
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7.4 + 0.5 related
-
David TiptonDAVID TIPTON
DIRECTOR
- Total calculated
- $46,983
- From this org
- $36,983
- From related orgs
- $0
- Other
- $10,000
- Hours/week
- 5 + 0.5 related
-
David McClainDAVID MCCLAIN
SECRETARY/TREASURER
- Total calculated
- $50,705
- From this org
- $41,705
- From related orgs
- $0
- Other
- $9,000
- Hours/week
- 7.6 + 0.5 related
-
David MarricleDAVID MARRICLE
DIRECTOR
- Total calculated
- $43,012
- From this org
- $43,012
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6.2 + 0.5 related
-
Dwain StrangeDWAIN STRANGE
DIRECTOR
- Total calculated
- $24,260
- From this org
- $24,260
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.9 + 0.5 related
-
Grace SubealdeaGRACE SUBEALDEA
DIRECTOR
- Total calculated
- $45,031
- From this org
- $45,031
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7.5 + 0.5 related
-
Greg HenleyGREG HENLEY
VICE CHAIRMAN
- Total calculated
- $33,960
- From this org
- $33,960
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.8 + 0.5 related
-
Jeff CopelandJEFF COPELAND
DIRECTOR
- Total calculated
- $34,222
- From this org
- $34,222
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.6 + 0.5 related
-
Kelly LankfordKELLY LANKFORD
CHAIRMAN
- Total calculated
- $39,117
- From this org
- $39,117
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7.1 + 0.5 related
-
Kevin HumphreysKEVIN HUMPHREYS
DIRECTOR
- Total calculated
- $27,068
- From this org
- $27,068
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.1 + 0.5 related
-
Mark HegiMARK HEGI
DIRECTOR
- Total calculated
- $31,526
- From this org
- $31,526
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.5 + 0.5 related
-
Michael SouderMICHAEL SOUDER
DIRECTOR
- Total calculated
- $24,936
- From this org
- $24,936
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.4 + 0.5 related
-
Pat JacksonPAT JACKSON
DIRECTOR
- Total calculated
- $30,679
- From this org
- $30,679
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.9 + 0.5 related
-
Randy WhiteRANDY WHITE
DIRECTOR
- Total calculated
- $42,367
- From this org
- $42,367
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.6 + 0.5 related
-
Randy MahannahRANDY MAHANNAH
DIRECTOR
- Total calculated
- $25,205
- From this org
- $25,205
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.7 + 0.5 related
-
Richard Blake MooreRICHARD BLAKE MOORE
DIRECTOR
- Total calculated
- $29,556
- From this org
- $29,556
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4 + 0.5 related
-
Ryan BartlettRYAN BARTLETT
DIRECTOR
- Total calculated
- $34,918
- From this org
- $34,918
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6.2 + 0.5 related
The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $545,165,927
- Expenses
- $545,165,927
- Contributions
- $0
- Grants paid
- $149,346
-
2022
- Revenue
- $772,338,275
- Expenses
- $760,503,573
- Contributions
- $0
- Grants paid
- $253,778
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $703,244,105
- Expenses
- $720,095,326
- Assets (EOY)
- $1,251,228,427
-
2020 · 990
- Revenue
- $445,564,974
- Expenses
- $447,291,036
- Assets (EOY)
- $1,169,444,657
-
2018 · 990
- Revenue
- $342,796,786
- Expenses
- $299,662,664
- Assets (EOY)
- $1,105,215,137
-
2017 · 990
- Revenue
- $290,536,846
- Expenses
- $272,965,360
- Assets (EOY)
- $1,099,366,909
-
2016 · 990
- Revenue
- $258,795,626
- Expenses
- $248,746,193
- Assets (EOY)
- $1,131,441,029
-
2015 · 990
- Revenue
- $229,950,266
- Expenses
- $201,626,611
- Assets (EOY)
- $1,169,224,046
-
2014 · 990
- Revenue
- $292,664,414
- Expenses
- $260,719,013
- Assets (EOY)
- $1,080,302,662
-
2013 · 990
- Revenue
- $257,984,949
- Expenses
- $221,700,415
- Assets (EOY)
- $1,036,948,474
-
2012 · 990
- Revenue
- not reported
- Expenses
- $163,438,424
- Assets (EOY)
- $939,001,919
-
2011 · 990
- Revenue
- not reported
- Expenses
- $122,795,393
- Assets (EOY)
- $935,879,710
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
2022 RESEARCH SCHOLARSHIPS
-
2024 RESEARCH SCHOLARSHIPS
-
$25,000
2024 2024 DONATION
-
$17,250
2022 SCHOLARSHIPS
-
$7,770
2022 TO ASSIST IN FUNDING CHARITABLE ORGANIZATIONS AND PROGRAMS SUPPORTED BY THE FOUNDATION
-
$6,000
2024 SCHOLARSHIPS
-
$5,500
2022 SPONSORSHIP FOR HIGH NOON ON THE SQUARE
-
$5,350
2024 TO ASSIST IN FUNDING CHARITABLE ORGANIZATIONS AND PROGRAMS SUPPORTED BY THE FOUNDATION
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared as related by
-
NATIONAL RURAL ELECTRIC COOPERATIVE
On its 2024 return
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
GSEC PROPERTIES LLC
OFFICE BUILDING RENTAL · TX · income $827,268 · assets $12,159,743
-
GOLDEN SPREAD PANHANDLE WIND RANCH LLC
WIND ENERGY PRODUCTION · TX · income $635,751 · assets $89,253,242
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.