Freestate Electric Cooperative Inc

Organization Overview

Freestate Electric Cooperative Inc is located in Topeka, KS. The organization was established in 2017. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Freestate Electric Cooperative Inc employed 88 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freestate Electric Cooperative Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Freestate Electric Cooperative Inc generated $43.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $43.5m during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE ELECTRIC POWER AND RELATED SERVICES TO MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED ELECTRIC SERVICE TO APPROXIMATELY 18,451 MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Steven Foss
Ceo/general Manager
$339,071
Christopher Parr
Assistant Gm
$171,577
Eric Wylie
Engineering Manager
$128,991
Kyle Hallgren
Journeyman Lineman
$127,523
Zachary Sterling
Operations Manager
$125,489
Jill Taggart
Finance Manager
$119,422

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kendall Construction Inc
Construction
$313,235
Nat'l Information Solutions Cooperative
Software Maintenance & Support
$287,615
Kansas Electric Cooperative Inc
Apparatus Testing
$252,926
Ies Commercial Inc
Highline Contractor
$174,974
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$43,420,893
Investment income $64,195
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $20,582
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$16,884
Miscellaneous Revenue$0
Total Revenue $43,505,372

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