Farmers Electric Cooperative Inc
Greenville, TX · EIN 75-0263046 · Rank 2,887 by total revenue
To provide quality electric service to member-owners at a reasonable cost.
Money, Form 990 for tax year 2024
- Total revenue
- $211,300,788
- Total expenses
- $210,489,429
- Total assets
- $572,367,300
- Salary base (all salaries and wages)
- $13,979,158
- Salaries, other pay and benefits
- $18,685,082
- Employees
- 230
- Salary base per employee
- $60,779
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (14)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Mark Stubbs | CEO/GENERAL MANAGER | Officer | 55 | $949,164 |
| Kathy Scroggins | CFO/DIRECTOR OF FINANCE | Officer | 45 | $486,783 |
| Bob Middleton Jr | SECRETARY/TREASURER | Board, Officer | 6 | $29,475 |
| Tommy Pulliam | VICE PRESIDENT | Board, Officer | 5.3 | $27,930 |
| Bill Samuels | PRESIDENT | Board, Officer | 6.6 | $27,680 |
| Brian Green | SR DIRECTOR OF ENGINEERING | Key employee | 50 | $546,107 |
| Samantha Crouch Baxter | GEN COUNSEL/SR DIRECTOR | Key employee | 50 | $504,595 |
| David Mark Lyles | DIRECTOR OF ADMINISTRATION | Key employee | 50 | $464,842 |
| Larry Lane | DIRECTOR | Board | 5.5 | $28,857 |
| Marvin Fuller | DIRECTOR | Board | 6.9 | $28,548 |
| Paul Tallant | DIRECTOR | Board | 4.9 | $27,930 |
| Wayne Douglas | DIRECTOR | Board | 3 | $26,987 |
| Martin Allain | DIRECTOR | Board | 3.7 | $25,767 |
| Don Phillips | DIRECTOR | Board | 3.2 | $25,628 |
Top 10 paid people listed
These 10 people received $4,373,523, which is 31.3% of the $13,979,158 salary base shared by 230 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Mark Stubbs | CEO/GENERAL MANAGER | Officer | 55 | $739,440 | $0 | $209,724 | $949,164 |
| Brian Green | SR DIRECTOR OF ENGINEERING | Key employee | 50 | $390,715 | $0 | $155,392 | $546,107 |
| Samantha Crouch Baxter | GEN COUNSEL/SR DIRECTOR | Key employee | 50 | $397,026 | $0 | $107,569 | $504,595 |
| Kathy Scroggins | CFO/DIRECTOR OF FINANCE | Officer | 45 | $325,193 | $0 | $161,590 | $486,783 |
| David Mark Lyles | DIRECTOR OF ADMINISTRATION | Key employee | 50 | $323,119 | $0 | $141,723 | $464,842 |
| Anthony Grant | MANAGER OF IT | Highly paid employee | 50 | $198,293 | $0 | $108,012 | $306,305 |
| David Earls | MANAGER OF OPERATIONS | Highly paid employee | 60 | $217,006 | $0 | $74,495 | $291,501 |
| Rosa Garmon | MANAGER OF MEMBER CARE | Highly paid employee | 47 | $182,238 | $0 | $109,010 | $291,248 |
| Michael Hale | MANAGER OF POWER QUALITY | Highly paid employee | 50 | $177,262 | $0 | $91,601 | $268,863 |
| Shaun Chronister | MANAGER OF ENGINEERING | Highly paid employee | 50 | $190,965 | $0 | $73,150 | $264,115 |
Sources
- IRS e-file return 202523149349303227 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 75-0263046
- Organization website (as filed): www.farmerselectric.coop