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FORT BELKNAP ELECTRIC COOPERATIVE INC

EIN 75-0274876 OLNEY, TX

Largest nonprofits in Texas

Revenue 2024
$17,477,578
Expenses 2024
$17,477,578

As filed

Subsection
12
Classification
1000
Street
PO BOX 486

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

PROVIDE RELIABLE, QUALITY ELECTRIC SERVICE TO OUR MEMBER-OWNERS AT AN AFFORDABLE AND COMPETITIVE COST, WHILE MAINTAINING THE FINANCIAL INTEGRITY OF THE COOPERATIVE.

Activities or mission (Part I)

TO PROVIDE ELECTRIC POWER TO RURAL AREAS AT COST ON A COOPERATIVE BASIS.

  • SALE OF ELECTRIC POWER TO MEMBERS AT COST ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 6,270 METERS/SERVICES AT YEAR END.

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.

  • Bennie Lane

    SECRETARY/TREASURER

    Total calculated
    $26,539
    From this org
    $26,539
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.7
  • Rick Ickert

    PRESIDENT

    Total calculated
    $26,089
    From this org
    $26,089
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.18
  • Wilson Taack

    DIRECTOR

    Total calculated
    $25,264
    From this org
    $25,264
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.87
  • Jimmy Bruton

    DIRECTOR

    Total calculated
    $25,189
    From this org
    $25,189
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.38
  • Larry Hearne

    VICE PRESIDENT

    Total calculated
    $24,933
    From this org
    $24,933
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.13
  • James R Yancey

    DIRECTOR

    Total calculated
    $24,898
    From this org
    $24,898
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.67
  • Terry Creel

    DIRECTOR

    Total calculated
    $24,889
    From this org
    $24,889
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.19
  • Kenneth Lowe

    DIRECTOR

    Total calculated
    $24,889
    From this org
    $24,889
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.88
  • Jc Mathiews

    DIRECTOR

    Total calculated
    $24,889
    From this org
    $24,889
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.95
  • Kendall Montgomery

    CEO/GENERAL MANAGER

    Total calculated
    $230,957
    From this org
    $155,640
    From related orgs
    $0
    Other
    $75,317
    Hours/week
    57

    Schedule J breakdown matched by us

    Base
    $149,532
    Bonus
    $379
    Other
    $5,729
    Deferred
    $56,806
    Nontaxable benefits
    $18,511
    Filer's total
    $230,957

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $17,477,578
    Expenses
    $17,477,578
    Contributions
    $0
    Grants paid
    $8,154
  • 2023
    Revenue
    $19,946,926
    Expenses
    $19,946,926
    Contributions
    $0
    Grants paid
    $6,204
  • 2022
    Revenue
    $17,327,038
    Expenses
    $17,327,038
    Contributions
    $0
    Grants paid
    $4,525

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
    $13,174,182
    Expenses
    $13,174,182
    Assets (EOY)
    $40,346,904
  • 2020 · 990

    Revenue
    $12,367,611
    Expenses
    $12,367,611
    Assets (EOY)
    $40,052,399
  • 2019 · 990

    Revenue
    $12,527,651
    Expenses
    $12,527,651
    Assets (EOY)
    $39,747,325
  • 2018 · 990

    Revenue
    $12,167,284
    Expenses
    $12,167,284
    Assets (EOY)
    $39,005,637
  • 2017 · 990

    Revenue
    $11,112,944
    Expenses
    $11,112,944
    Assets (EOY)
    $38,043,631
  • 2016 · 990

    Revenue
    $10,551,649
    Expenses
    $10,551,649
    Assets (EOY)
    $37,757,568
  • 2015 · 990

    Revenue
    $12,141,007
    Expenses
    $12,141,007
    Assets (EOY)
    $37,746,233
  • 2014 · 990

    Revenue
    $13,923,687
    Expenses
    $13,923,687
    Assets (EOY)
    $37,418,279
  • 2013 · 990

    Revenue
    $12,997,207
    Expenses
    $11,722,207
    Assets (EOY)
    $36,967,969
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $11,061,408
    Assets (EOY)
    $35,386,047

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

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

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

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.

Related corporations and trusts on its 2024 return

  • FORT BELKNAP SERVICES CORPORATION AND SUBSIDIARY

    C · SURVEYING, MAPPING FOR PIPELINES/EQUITY INVESTMENTS · TX · 100% owned · share of income $857,146 · share of assets $907,310 · controlled entity

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 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.