Skip to content
Nonprofiteer
← All organizations

FARMERS RURAL ELECTRIC COOPERATIVE CORPORATION

EIN 61-0189417 GLASGOW, KY

Largest nonprofits in Kentucky

Revenue 2025
$69,924,869
Expenses 2025
$69,924,869

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
12
Classification
1000
Street
PO BOX 1298

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 · 2025

Mission

FARMERS RECC'S MISSION IS TO PROVIDE RELIABLE AND COMPETITIVELY PRICED ENERGY SERVICES THAT WILL ENHANCE THE QUALITY OF LIFE FOR OUR MEMBER-OWNERS AND COMMMUNITIES.

Activities or mission (Part I)

THE COOPERATIVE IS A RURAL ELECTRIC DISTRIBUTION SYSTEM WITH A MISSION OF PROVIDING RELIABLE ELECTRIC SERVICE TO ITS MEMBER-OWNERS IN A COST EFFECTIVE MANNER.

  • AS OF DECEMBER 31, 2025, THE COOPERATIVE DISTRIBUTED ELECTRICITY TO 26,901 CUSTOMERS.

    Expenses $69,924,869

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Paul Hawkins

    SECRETART TREASURER

    Total calculated
    $14,050
    From this org
    $14,050
    From related orgs
    $0
    Other
    $0
    Hours/week
    5
  • Ronnie Smith

    DIRECTOR-RETIRED

    Total calculated
    $13,600
    From this org
    $13,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Randy London

    CHAIRMAN

    Total calculated
    $17,950
    From this org
    $17,950
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Cf Martin Jr

    DIRECTOR-RETIRED

    Total calculated
    $8,600
    From this org
    $8,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Cornelius Faulkner

    VICE CHAIRMAN

    Total calculated
    $14,200
    From this org
    $14,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    5 + 1 related
  • Randy Sexton

    DIRECTOR

    Total calculated
    $14,950
    From this org
    $14,950
    From related orgs
    $0
    Other
    $0
    Hours/week
    4 + 7 related
  • Brandi Williams

    DIRECTOR

    Total calculated
    $13,900
    From this org
    $13,900
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Daniel Reynolds

    DIRECTOR

    Total calculated
    $1,200
    From this org
    $1,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Tobias Moss

    PRESIDENT & CEO

    Total calculated
    $307,466
    From this org
    $230,209
    From related orgs
    $0
    Other
    $77,257
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $230,209
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $77,257
    Filer's total
    $307,466
  • Jennie Phelps

    VICE PRESIDENT, FINANCE &

    Total calculated
    $184,659
    From this org
    $140,939
    From related orgs
    $0
    Other
    $43,720
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $140,939
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $43,720
    Filer's total
    $184,659
  • Scott Lester

    VICE PRESIDENT, OPERATIONS

    Total calculated
    $206,519
    From this org
    $141,930
    From related orgs
    $0
    Other
    $64,589
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $141,930
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $64,589
    Filer's total
    $206,519
  • Chuck Bishop

    VICE PRESIDENT, ENGINEERIN

    Total calculated
    $207,155
    From this org
    $141,376
    From related orgs
    $0
    Other
    $65,779
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $141,376
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $65,779
    Filer's total
    $207,155
  • Corey Jackson

    VICE PRESIDENT, MEMBER & C

    Total calculated
    $165,315
    From this org
    $129,196
    From related orgs
    $0
    Other
    $36,119
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $129,196
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $36,119
    Filer's total
    $165,315
  • Steve Morrison

    FEPP PLANT MANAGER

    Total calculated
    $191,010
    From this org
    $126,508
    From related orgs
    $0
    Other
    $64,502
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $126,508
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $64,502
    Filer's total
    $191,010
  • Jason Riggs

    VICE PRESIDENT, TECHNOLOGY

    Total calculated
    $166,777
    From this org
    $120,645
    From related orgs
    $0
    Other
    $46,132
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $120,645
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $46,132
    Filer's total
    $166,777

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

  • 2025
    Revenue
    $69,924,869
    Expenses
    $69,924,869
    Contributions
    $0
    Grants paid
    $0
  • 2024
    Revenue
    $65,789,619
    Expenses
    $65,789,619
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $61,713,920
    Expenses
    $61,713,920
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $67,395,267
    Expenses
    $67,395,267
    Contributions
    $0
    Grants paid
    $0

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
    $57,120,734
    Expenses
    $57,120,734
    Assets (EOY)
    $123,977,998
  • 2020 · 990

    Revenue
    $50,087,988
    Expenses
    $50,087,988
    Assets (EOY)
    $119,856,022
  • 2019 · 990

    Revenue
    $54,653,011
    Expenses
    $54,653,011
    Assets (EOY)
    $117,399,165
  • 2018 · 990

    Revenue
    $56,997,596
    Expenses
    $56,997,596
    Assets (EOY)
    $111,373,545

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.

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.

Disregarded entities on its 2025 return

  • FARMERS ENERGY PROPANE PLUS

    DISTRIBUTION OF PROPANE · KY · income $5,087,591 · assets $4,158,853

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 2025, the newest we have parsed for this organization.