Howard Electric Cooperative is a Public Charity headquartered in Fayette, MO. Financial data from the 2024 filing: $9.5M revenue, $8.8M expenses, $31.5M total assets.
As a cooperative, Howard Electric operates on a non-profit basis. All revenue above the cost of doing business (margins) is assigned to the members under a patronage refund plan called capital credits. The cooperative assigned capital credits annually and keeps a careful record of each member's investment in the co-op.
How Howard Electric Cooperative divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $9.5M | $8.8M | $31.5M |
| 2023 | $8.9M | $8.1M | $31.3M |
| 2022 | $8.1M | $8.0M | $29.3M |
| 2021 | $7.8M | $7.8M | $28.6M |
| 2020 | $7.9M | $7.7M | $26.6M |
Between 2020 and 2024, reported annual revenue grew from $7.9M to $9.5M (+21%), with total assets most recently reported at $31.5M.
Interactive year-over-year charts and full filing details available with membership.
