Mission
PROVIDING QUALITY SERVICE TO EMPOWER COMMUNITIES AND IMPROVE LIVES.
Public Charity
KARNES ELECTRIC COOPERATIVE INC
KARNES ELECTRIC COOPERATIVE INC, of KARNES CITY, TX, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $129.5M in revenue, $128.5M in expenses, $232.9M in total assets. IRS filings disclose 3 grants awarded by this foundation, totaling roughly $30K.
EIN: 740720615
KARNES CITY, TX
Latest filing: 2024
Total Revenue$129.5M
Total Expenses$128.5M
Total Assets$232.9M
Grants Given3
Grant Total$30K
Filing Years2019–2024
Sample Grants Given
CITY OF PLEASANTON
TREE MITIGATION - CITY OF PLEASANTON/NEW OFFICE.
$12,975
DONATION TOWARDS NEW BARN.
$10,000
MATCHING DONATION WITH COBANK.
$7,500
Showing up to 5 of 3 total records — full history available with membership.
Officers & Directors
DIRECTOR (MAR-DEC)
Boyd Vaughan
VICE PRESIDENT
Clif Royal
GENERAL MANAGER
Eric Halfmann
ASST SECRETARY/TREASURER
Frank Geyer Jr
OPERATIONS MANAGER
Jesse Benavides
CONSTRUCTION FOREMAN
Joe Escandon
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $129.5M | $128.5M | $232.9M |
| 2023 | $128.0M | $130.5M | $223.7M |
| 2022 | $131.9M | $129.4M | $218.7M |
| 2020 | $96.7M | $96.9M | $195.4M |
| 2019 | $103.3M | $103.2M | $193.4M |
Between 2019 and 2024, reported annual revenue grew from $103.3M to $129.5M (+25%), with total assets most recently reported at $232.9M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in TX.
TX
Full geographic grant map with state-by-state breakdown available with membership.