Mission
Distribution and sale of electricity to over 13,000 meters of cooperative member/owners. Margins are allocated annualy to the membership.
Public Charity
Farmers Electric Cooperative Inc
Farmers Electric Cooperative Inc is a Public Charity headquartered in Chillicothe, MO. Financial data from the 2024 filing: $33.4M revenue, $32.3M expenses, $113.0M total assets.
EIN: 440241597
Chillicothe, MO
Latest filing: 2024
Total Revenue$33.4M
Total Expenses$32.3M
Total Assets$113.0M
Grant Records0
Filing Years2020–2024
Where $100 goes at Farmers Electric Cooperative Inc
How Farmers Electric Cooperative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
Distribution and sale of electricity to cooperative member/owners
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.
Officers & Directors
Lead Lineman
Aaron Wagers
Substation Serviceman
Brett Arthur
General Manager
Donald Smith
President
Glen Waters
Substation Serviceman
Gregory Jones
Director
James Burk
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $33.4M | $32.3M | $113.0M |
| 2023 | $33.4M | $31.9M | $111.3M |
| 2022 | $34.0M | $30.9M | $113.0M |
| 2021 | $31.6M | $29.6M | $108.6M |
| 2020 | $30.9M | $29.3M | $105.0M |
Between 2020 and 2024, reported annual revenue grew from $30.9M to $33.4M (+8%), with total assets most recently reported at $113.0M.
Interactive year-over-year charts and full filing details available with membership.