Mission
TO MAKE ELECTRIC ENERGY AVAILABLE TO ITS MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT.
Public Charity
FARMERS ELECTRIC COOPERATIVE
FARMERS ELECTRIC COOPERATIVE, of NEWPORT, AR, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $13.5M in revenue, $13.5M in expenses, $54.8M in total assets.
EIN: 710054405
NEWPORT, AR
Latest filing: 2024
Total Revenue$13.5M
Total Expenses$13.5M
Total Assets$54.8M
Grant Records0
Filing Years2020–2024
Where $100 goes at Farmers Electric Cooperative
How Farmers Electric Cooperative divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$92
Programs
the work itself
$8
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 $92 for programs
$92
The sale of low cost electricity benefits an average of approximately 5,000 members
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
SECRETARY-TR
Candace Shirley
PRESIDENT
Kenny Falwell
GENERAL MANA
Larry Bright
DIRECTOR
Michael Honey
CONST SUPERI
Ronald Mark Bowen
VICE PRESIDE
Sam Houston
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $13.5M | $13.5M | $54.8M |
| 2023 | $11.2M | $11.2M | $48.0M |
| 2022 | $12.6M | $12.0M | $43.3M |
| 2021 | $11.6M | $10.9M | $38.6M |
| 2020 | $10.3M | $9.1M | $37.2M |
Between 2020 and 2024, reported annual revenue grew from $10.3M to $13.5M (+32%), with total assets most recently reported at $54.8M.
Interactive year-over-year charts and full filing details available with membership.