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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking Farmers Electric Charitable Foundation

Farmers Electric Charitable Foundation

Fiscal year ending 2024. Filed on October 27, 2025.

2000 East I-30
Greenville, Texas 75402

Farmers Electric Charitable Foundation (EIN: 26-0749479) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Farmers Electric Charitable Foundation, a 501(c)(3) charitable organization, reported compensation for 1 employee. Among the employees shown here, the average compensation is $949,163. The highest compensated employee at Farmers Electric Charitable Foundation is Mark Stubbs with fiscal year 2024 compensation of $949,163.

Revenue, expenses, and employee compensation

Revenue

$477,387

Expenses

$517,159

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mark Stubbs
Executive Director
$949,163
$0 $739,440 $209,723

Benchmark Employee Compensation

Non-Employee Board Members

Bob Middleton Jr
Treasurer and Secretary
$29,475
$0 $29,475 No other comp
Larry Lane
Director
$28,857
$0 $28,857 No other comp
Marvin Fuller
Director
$28,548
$0 $28,548 No other comp
Paul Tallant
Director
$27,930
$0 $27,930 No other comp
Tommy Pulliam
Vice President
$27,930
$0 $27,930 No other comp
Bill Samuels
President
$27,680
$0 $27,680 No other comp
Wayne Douglas
Director
$26,987
$0 $26,987 No other comp
Martin Allain
Director
$25,767
$0 $25,767 No other comp
Don Phillips
Director
$25,628
$0 $25,628 No other comp

Mission Statement

THE ACCUMULATION OF AND DISBURSEMENT OF FUNDS FOR CHARITABLE PURPOSES IN THE COUNTIES COMPRISING THE SERVICE TERRITORY OF FARMERS ELECTRIC COOPERATIVE, INC. THIS INCLUDES THE FOLLOWING COUNTIES IN TEXAS: DALLAS, COLLIN, ROCKWALL, HUNT, HOPKINS, KAUFMAN, RAINS, DELTA, FRANKLIN, FANNIN, VAN ZANDT AND WOOD.

Revisions to this organization profile

October 27, 2025:
2024 Farmers Electric Charitable Foundation 990 filed
November 15, 2024:
2023 Farmers Electric Charitable Foundation 990 filed
November 1, 2023:
2022 Farmers Electric Charitable Foundation 990 filed

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