Coleman County Electric Cooperative Inc

Organization Overview

Coleman County Electric Cooperative Inc is located in Coleman, TX. The organization was established in 1939. 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, Coleman County Electric Cooperative Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coleman County 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, Coleman County Electric Cooperative Inc generated $14.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $14.4m during the year ending 12/2021. While expenses have increased by 2.5% per year over the past 7 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

TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS AT COST ON A COOPERATIVE BASIS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING ELECTRIC ENERGY TO OUR MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 8,882 ACTIVE SERVICES AT YEAR END.


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Board, Officers & Key Employees

Name (title)Compensation
Synda Smith
General Manager/chief Executive Officer
$128,405
Roger Kruse
Vice President
$18,213
Brent Mcmillan
Director
$15,215
Darla Wise
Secretary/treasurer
$14,817
Bob Fuchs
President
$10,723
Richard Lange
Director
$8,414

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$14,305,028
Investment income $15,936
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$6,522
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $12,599
Miscellaneous Revenue$0
Total Revenue $14,379,363

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Coleman County Electric Cooperative Inc has recieved totaling $48,208.

Awarding OrganizationAmount
National Rural Utilities Cooperative Finance Corp

Dulles, VA

PURPOSE: INTEGRITY FUND - TERRITORY THREAT

$48,208
View Grant Recipient Profile

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