Public Charity

FORT BELKNAP ELECTRIC COOPERATIVE INC

FORT BELKNAP ELECTRIC COOPERATIVE INC, of OLNEY, TX, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $17.5M in revenue, $17.5M in expenses, $40.7M in total assets.

EIN: 750274876 OLNEY, TX Latest filing: 2024
Total Revenue$17.5M
Total Expenses$17.5M
Total Assets$40.7M
Grant Records0
Filing Years2019–2024

Mission

PROVIDE RELIABLE, QUALITY ELECTRIC SERVICE TO OUR MEMBER-OWNERS AT AN AFFORDABLE AND COMPETITIVE COST, WHILE MAINTAINING THE FINANCIAL INTEGRITY OF THE COOPERATIVE.

Officers & Directors

SECRETARY/TREASURER Bennie Lane
DIRECTOR James R Yancey
DIRECTOR Jc Mathiews
DIRECTOR Jimmy Bruton
CEO/GENERAL MANAGER Kendall Montgomery
DIRECTOR Kenneth Lowe

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $17.5M $17.5M $40.7M
2023 $19.9M $19.9M $41.4M
2022 $17.3M $17.3M $40.8M
2020 $12.4M $12.4M $40.1M
2019 $12.5M $12.5M $39.7M

Between 2019 and 2024, reported annual revenue grew from $12.5M to $17.5M (+40%), with total assets most recently reported at $40.7M.

Interactive year-over-year charts and full filing details available with membership.

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