- Revenue 2025
- $113,010,606
- Expenses 2025
- $112,918,985
As filed
- Subsection
- 12
- Classification
- 4000
- Street
- PO BOX 1208
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
SBEC PROVIDES AFFORDABLE, RELIABLE ELECTRICITY AND INNOVATIVE AND PERSONALIZED ENERGY SERVICES FOR OUR MEMBER-OWNERS.
Activities or mission (Part I)
TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE.
-
PROVIDING ELECTRIC ENERGY TO OUR MEMBERS - 33,684 ACTIVE SERVICES AT YEAR END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL.
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.
-
Larry ChaneyLARRY CHANEY
DIRECTOR
- Total calculated
- $18,810
- From this org
- $18,810
- From related orgs
- $0
- Other
- $0
- Hours/week
- 9
-
Sammy CondraSAMMY CONDRA
PRESIDENT
- Total calculated
- $21,846
- From this org
- $21,846
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6
-
David EhlerDAVID EHLER
DIRECTOR
- Total calculated
- $22,710
- From this org
- $22,710
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8.8
-
Vance R ElliottVANCE R ELLIOTT
SECRETARY/TREASURER
- Total calculated
- $22,610
- From this org
- $22,610
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
Colt HaackCOLT HAACK
DIRECTOR
- Total calculated
- $35,172
- From this org
- $35,172
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
Jason JohnsonJASON JOHNSON
DIRECTOR
- Total calculated
- $24,210
- From this org
- $24,210
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8
-
Norman KieckeNORMAN KIECKE
1ST VICE PRESIDENT
- Total calculated
- $20,410
- From this org
- $20,410
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
Karl N MicklitzKARL N MICKLITZ
DIRECTOR (JAN-MAY)
- Total calculated
- $6,001
- From this org
- $6,001
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8.5
-
Royce RapeROYCE RAPE
DIRECTOR (MAY-DEC)
- Total calculated
- $14,507
- From this org
- $14,507
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6.2
-
Lori WalkerLORI WALKER
3RD CHAIR
- Total calculated
- $17,710
- From this org
- $17,710
- From related orgs
- $0
- Other
- $0
- Hours/week
- 12
-
Michael AblesMICHAEL ABLES
CEO/GENERAL MANAGER
- Total calculated
- $489,286
- From this org
- $263,124
- From related orgs
- $0
- Other
- $226,162
- Hours/week
- 42
Schedule J breakdown matched by us
- Base
- $251,738
- Bonus
- $5,000
- Other
- $6,386
- Deferred
- $192,231
- Nontaxable benefits
- $33,931
- Filer's total
- $489,286
-
Jared JanicekJARED JANICEK
CFO
- Total calculated
- $264,521
- From this org
- $173,381
- From related orgs
- $0
- Other
- $91,140
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $169,123
- Bonus
- $3,403
- Other
- $855
- Deferred
- $62,480
- Nontaxable benefits
- $28,660
- Filer's total
- $264,521
-
James JouettJAMES JOUETT
ELECTRIC SYSTEMS MANAGER
- Total calculated
- $320,640
- From this org
- $199,032
- From related orgs
- $0
- Other
- $121,608
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $189,209
- Bonus
- $3,863
- Other
- $5,960
- Deferred
- $96,797
- Nontaxable benefits
- $24,811
- Filer's total
- $320,640
-
John SpiessJOHN SPIESS
MEMBER SERVICES MANAGER
- Total calculated
- $259,094
- From this org
- $152,301
- From related orgs
- $0
- Other
- $106,793
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $145,760
- Bonus
- $2,884
- Other
- $3,657
- Deferred
- $94,717
- Nontaxable benefits
- $12,076
- Filer's total
- $259,094
-
Shawn BardSHAWN BARD
IT GROUP MANAGER
- Total calculated
- $235,336
- From this org
- $157,004
- From related orgs
- $0
- Other
- $78,332
- Hours/week
- 41
Schedule J breakdown matched by us
- Base
- $151,395
- Bonus
- $3,120
- Other
- $2,489
- Deferred
- $49,695
- Nontaxable benefits
- $28,637
- Filer's total
- $235,336
-
Robert HromadkaROBERT HROMADKA
LINE CREW LEADER
- Total calculated
- $252,971
- From this org
- $147,694
- From related orgs
- $0
- Other
- $105,277
- Hours/week
- 47
Schedule J breakdown matched by us
- Base
- $140,521
- Bonus
- $2,979
- Other
- $4,194
- Deferred
- $78,232
- Nontaxable benefits
- $27,045
- Filer's total
- $252,971
-
James PhillipsJAMES PHILLIPS
1ST CLASS LINE TECH
- Total calculated
- $239,752
- From this org
- $162,111
- From related orgs
- $0
- Other
- $77,641
- Hours/week
- 59
Schedule J breakdown matched by us
- Base
- $157,128
- Bonus
- $3,095
- Other
- $1,888
- Deferred
- $49,477
- Nontaxable benefits
- $28,164
- Filer's total
- $239,752
-
William PeschelWILLIAM PESCHEL
MAINT CONSTRUCTION MANAGER
- Total calculated
- $200,973
- From this org
- $132,713
- From related orgs
- $0
- Other
- $68,260
- Hours/week
- 41
Schedule J breakdown matched by us
- Base
- $124,401
- Bonus
- $2,581
- Other
- $5,731
- Deferred
- $39,829
- Nontaxable benefits
- $28,431
- Filer's total
- $200,973
-
Robert PinaROBERT PINA
1ST CLASS LINE TECH
- Total calculated
- $190,815
- From this org
- $127,695
- From related orgs
- $0
- Other
- $63,120
- Hours/week
- 49
Schedule J breakdown matched by us
- Base
- $123,546
- Bonus
- $2,338
- Other
- $1,811
- Deferred
- $49,715
- Nontaxable benefits
- $13,405
- Filer's total
- $190,815
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
- $113,010,606
- Expenses
- $112,918,985
- Contributions
- $0
- Grants paid
- $77,399
-
2023
- Revenue
- $106,501,692
- Expenses
- $106,516,169
- Contributions
- $0
- Grants paid
- $73,017
-
2022
- Revenue
- $107,023,324
- Expenses
- $106,982,864
- Contributions
- $0
- Grants paid
- $59,581
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
- $97,543,303
- Expenses
- $97,533,457
- Assets (EOY)
- $290,497,219
-
2020 · 990
- Revenue
- $87,212,566
- Expenses
- $87,132,886
- Assets (EOY)
- $221,760,323
-
2019 · 990
- Revenue
- $84,021,251
- Expenses
- $84,042,516
- Assets (EOY)
- $219,103,280
-
2018 · 990
- Revenue
- $82,874,947
- Expenses
- $82,785,502
- Assets (EOY)
- $207,690,083
-
2017 · 990
- Revenue
- $80,200,501
- Expenses
- $80,165,919
- Assets (EOY)
- $196,787,657
-
2016 · 990
- Revenue
- $71,554,575
- Expenses
- $71,754,665
- Assets (EOY)
- $190,070,934
-
2015 · 990
- Revenue
- $70,484,745
- Expenses
- $70,484,745
- Assets (EOY)
- $186,667,070
-
2014 · 990
- Revenue
- $75,423,349
- Expenses
- $75,423,349
- Assets (EOY)
- $187,905,693
-
2013 · 990
- Revenue
- $62,855,094
- Expenses
- $62,855,094
- Assets (EOY)
- $168,080,643
-
2012 · 990
- Revenue
- not reported
- Expenses
- $61,112,050
- Assets (EOY)
- $153,945,866
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
-
WALLER COUNTY FAIR ASSOCIATION
$16,975
2025 2025 DONATION
-
WALLER COUNTY FAIR ASSOCIATION
$14,350
2023 2022 DONATION
-
WALLER COUNTY FAIR ASSOCIATION
$14,075
2022 2022 DONATION
-
2025 2025 DONATION
-
2023 2022 DONATION
-
2023 2022 DONATION
-
2022 2022 DONATION
-
2025 2025 DONATION
-
2022 2022 DONATION
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
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.