Public Charity

BRAZOS ELECTRIC RATE PAYER HARDSHIP FUND

BRAZOS ELECTRIC RATE PAYER HARDSHIP FUND is a Public Charity headquartered in WACO, TX. Financial data from the 2024 filing: $1.3M revenue, $688K expenses, $145.6M total assets. 1 publicly reported grants to this organization, totaling roughly $140.0M, appear in IRS filings.

EIN: 886793004 WACO, TX Latest filing: 2024
Total Revenue$1.3M
Total Expenses$688K
Total Assets$145.6M
Grant Records1
Funding Total$140.0M
Filing Years2022–2024

Mission

THE PRINCIPAL PURPOSE OF THE TRUST IS TO MITIGATE THE IMPACT OF THE FEBRUARY 2021 WINTER STORM URI-RELATED SECURITIZATION CHARGES ON LOW INCOME COOPERATIVE RATEPAYERS OF THE PARTICIPATING 15 BRAZOS ELECTRIC MEMBER COOPERATIVES IN THIS TRUST.

Officers & Directors

SECRETARY Jill Sadberry
TRUSTEE Jim Bates
TRUSTEE Justin Stapleton
PRESIDENT Paula Farquhar
VICE PRESIDENT Russell Young
TRUSTEE Ryan Fuhrmann

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$140,000,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.3M $688K $145.6M
2023 $2.4M $723K $143.6M
2022 $140.2M $61K $140.2M

Between 2022 and 2024, reported annual revenue declined from $140.2M to $1.3M (-99%), with total assets most recently reported at $145.6M.

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

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