VICTORIA ELECTRIC COOPERATIVE INC

As filed

Subsection

12

Classification

4000

Street

5502 US HIGHWAY 59 N

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

• ELECTRIC DIVISION:PROVIDING ELECTRIC ENERGY TO OUR MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 25,087 ACTIVE SERVICES AT YEAR END.

• INFINIUM DIVISION:PROVIDING BROADBAND INTERNET SERVICES THROUGH THE CONSTRUCTION OF A FIBER OPTIC NETWORK. WHEN CUMULATIVE NET MARGINS DERIVED FROM MEMBER SALES OF BROADBAND INTERNET SERVICES EXCEED CUMULATIVE NET LOSSES FROM SUCH SALES, THE COOPERATIVE WILL ALLOCATE PATRONAGE CAPITAL TO THE MEMBERS. THERE WERE 2,727 SUBSCRIBERS OF THE INFINIUM DIVISION 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.

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

  $72,490,199

  Expenses

  $72,643,603

  Contributions

  $0

  Grants paid

  $2,550

• 2023

  Revenue

  $75,894,546

  Expenses

  $76,227,230

  Contributions

  $0

  Grants paid

  $2,800

• 2022

  Revenue

  $73,692,757

  Expenses

  $74,118,848

  Contributions

  $0

  Grants paid

  $1,800

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

  $64,064,946

  Expenses

  $63,140,923

  Assets (EOY)

  $152,267,427

• 2020 · 990

  Revenue

  $60,588,450

  Expenses

  $60,986,071

  Assets (EOY)

  $150,946,262

• 2019 · 990

  Revenue

  $22,118,782

  Expenses

  $22,118,782

  Assets (EOY)

  $139,548,660

• 2018 · 990

  Revenue

  $18,526,712

  Expenses

  $18,526,711

  Assets (EOY)

  $135,768,232

• 2017 · 990

  Revenue

  $18,457,428

  Expenses

  $18,457,428

  Assets (EOY)

  $133,409,091

• 2016 · 990

  Revenue

  $17,928,209

  Expenses

  $17,928,209

  Assets (EOY)

  $126,059,430

• 2015 · 990

  Revenue

  $17,921,436

  Expenses

  $17,921,436

  Assets (EOY)

  $114,682,810

• 2014 · 990

  Revenue

  $17,221,589

  Expenses

  $17,221,589

  Assets (EOY)

  $107,949,611

• 2013 · 990

  Revenue

  $16,613,275

  Expenses

  $16,613,275

  Assets (EOY)

  $101,918,683

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $15,239,615

  Assets (EOY)

  $93,695,350

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.

Other IRS files