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FARMERS ELECTRIC COOPERATIVE INC

EIN 44-0241597 CHILLICOTHE, MO

Largest nonprofits in Missouri

Revenue 2024
$33,398,089
Expenses 2024
$32,328,928

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
201 W BUSINESS 36

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

Distribution and sale of electricity to over 13,000 meters of cooperative member/owners. Margins are allocated annualy to the membership.

Activities or mission (Part I)

To safely provide its members with reliable electricity

  • Distribution and sale of electricity to cooperative member/owners

    Expenses $32,328,928 · Revenue $33,398,089

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.

  • Donald Smith

    General Manager

    Total calculated
    $329,621
    From this org
    $238,046
    From related orgs
    $0
    Other
    $91,575
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $238,046
    Bonus
    $0
    Other
    $0
    Deferred
    $70,505
    Nontaxable benefits
    $21,070
    Filer's total
    $329,621
  • Troy Hermanson

    Operations Manager

    Total calculated
    $199,851
    From this org
    $144,083
    From related orgs
    $0
    Other
    $55,768
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $144,083
    Bonus
    $0
    Other
    $0
    Deferred
    $36,459
    Nontaxable benefits
    $19,309
    Filer's total
    $199,851
  • Aaron Wagers

    Lead Lineman

    Total calculated
    $220,772
    From this org
    $141,364
    From related orgs
    $0
    Other
    $79,408
    Hours/week
    49

    Schedule J breakdown matched by us

    Base
    $141,364
    Bonus
    $0
    Other
    $0
    Deferred
    $59,873
    Nontaxable benefits
    $19,535
    Filer's total
    $220,772
  • Brett Arthur

    Substation Serviceman

    Total calculated
    $185,591
    From this org
    $131,920
    From related orgs
    $0
    Other
    $53,671
    Hours/week
    46

    Schedule J breakdown matched by us

    Base
    $131,920
    Bonus
    $0
    Other
    $0
    Deferred
    $34,135
    Nontaxable benefits
    $19,536
    Filer's total
    $185,591
  • Jason Howe

    Substation Serviceman

    Total calculated
    $177,215
    From this org
    $130,989
    From related orgs
    $0
    Other
    $46,226
    Hours/week
    46

    Schedule J breakdown matched by us

    Base
    $130,989
    Bonus
    $0
    Other
    $0
    Deferred
    $34,749
    Nontaxable benefits
    $11,477
    Filer's total
    $177,215
  • Gregory Jones

    Substation Serviceman

    Total calculated
    $179,345
    From this org
    $128,886
    From related orgs
    $0
    Other
    $50,459
    Hours/week
    46

    Schedule J breakdown matched by us

    Base
    $128,886
    Bonus
    $0
    Other
    $0
    Deferred
    $30,924
    Nontaxable benefits
    $19,535
    Filer's total
    $179,345
  • Lacey Capps

    CFO

    Total calculated
    $165,958
    From this org
    $125,781
    From related orgs
    $0
    Other
    $40,177
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $125,781
    Bonus
    $0
    Other
    $0
    Deferred
    $17,868
    Nontaxable benefits
    $22,309
    Filer's total
    $165,958
  • Glen Waters

    President

    Total calculated
    $17,000
    From this org
    $17,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    7
  • Stanley Switzer

    Director

    Total calculated
    $16,500
    From this org
    $16,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    5
  • James Burk

    Director

    Total calculated
    $16,000
    From this org
    $16,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    11
  • Larry Muck

    Vice-President

    Total calculated
    $15,500
    From this org
    $15,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    8
  • Randy Railsback

    Treasurer

    Total calculated
    $14,500
    From this org
    $14,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    4
  • Toni Cox

    Secretary

    Total calculated
    $10,000
    From this org
    $10,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Warren Hoyt

    Treasurer

    Total calculated
    $8,000
    From this org
    $8,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    4
  • Sherry Jones

    Director

    Total calculated
    $4,000
    From this org
    $4,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

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
    $33,398,089
    Expenses
    $32,328,928
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $33,398,741
    Expenses
    $31,938,367
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $34,019,457
    Expenses
    $30,882,136
    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
    $31,632,453
    Expenses
    $29,638,996
    Assets (EOY)
    $108,623,501
  • 2020 · 990

    Revenue
    $30,922,312
    Expenses
    $29,318,433
    Assets (EOY)
    $105,014,049
  • 2019 · 990

    Revenue
    $32,024,632
    Expenses
    $29,747,524
    Assets (EOY)
    $100,814,950
  • 2018 · 990

    Revenue
    $32,523,046
    Expenses
    $29,906,653
    Assets (EOY)
    $99,493,426
  • 2017 · 990

    Revenue
    $29,757,076
    Expenses
    $28,917,400
    Assets (EOY)
    $97,618,041
  • 2016 · 990

    Revenue
    $30,384,283
    Expenses
    $29,042,715
    Assets (EOY)
    $94,675,524
  • 2015 · 990

    Revenue
    $29,903,827
    Expenses
    $28,727,552
    Assets (EOY)
    $90,277,342
  • 2014 · 990

    Revenue
    $30,279,263
    Expenses
    $28,542,465
    Assets (EOY)
    $92,204,302
  • 2013 · 990

    Revenue
    $28,681,647
    Expenses
    $28,757,471
    Assets (EOY)
    $87,932,039
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $27,851,031
    Assets (EOY)
    $83,542,346

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

  • FEC Development Inc

    C · Economic Developemnt · MO · 100% owned

  • FEC Services Inc

    C · Holding Company · MO · 100% owned

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.