Mission
THE ACCUMULATION AND DISBURSEMENT OF FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF TAYLOR ELECTRIC COOPERATIVE, INC.
Small Public Charity
TAYLOR ELECTRIC TRUST
TAYLOR ELECTRIC TRUST is a Small Public Charity headquartered in MERKEL, TX. Financial data from the 2025 filing: $85K revenue, $83K expenses, $255K total assets.
EIN: 262612715
MERKEL, TX
Fund Raising & Fund Distribution
NTEE: M12
Latest filing: 2025
Total Revenue$85K
Total Expenses$83K
Total Assets$255K
Grant Records0
Filing Years2021–2025
Where $100 goes at Taylor Electric Trust
How Taylor Electric Trust divides every $100 it spends, from its own Form 990-EZ filings, averaged across 9 years.
$100
Programs
the work itself
<$1
Everything else
operations and overhead
Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.
Inside the $100 for programs
$100
The trust operates an operation round up program by which members of taylor electric cooperative round up their utility bill to the next whole dollar
Source: Form 990-EZ filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
BOARD CHAIRMAN
Cecil Davis
DIRECTOR
Craig Bessent
SECRETARY/TREASURER
David Mcfall
DIRECTOR
Garland Carter
DIRECTOR
Gayla Simmons
BOARD VICE CHAIRMAN
Kathryn Rainey
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $85K | $83K | $255K |
| 2024 | $88K | $83K | $252K |
| 2023 | $86K | $73K | $247K |
| 2022 | $80K | $72K | $234K |
| 2021 | $76K | $72K | $227K |
Between 2021 and 2025, reported annual revenue grew from $76K to $85K (+12%), with total assets most recently reported at $255K.
Interactive year-over-year charts and full filing details available with membership.