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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 Farmers Electric Cooperative Inc.

Farmers Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 10, 2025.

2000 I-30 East
Greenville, Texas 75402

Farmers Electric Cooperative Inc. (EIN: 75-0263046) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Farmers Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 10 out of 230 total employees. Among the employees shown here, the average compensation is $437,352. The highest compensated employee at Farmers Electric Cooperative Inc. is Mark Stubbs with fiscal year 2024 compensation of $949,164.

Revenue, expenses, and employee compensation

Revenue

$211,300,788

Expenses

$210,489,429

Employee compensation

$18,685,082
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mark Stubbs
Chief Executive Officer and General Manager
$949,164
$739,440 No related comp$209,724
Brian Green
SR Director of Engineering
$546,107
$390,715 No related comp$155,392
Samantha Crouch Baxter
GEN Counsel/Sr Director
$504,595
$397,026 No related comp$107,569
Kathy Scroggins
Cfo/Director of Finance
$486,783
$325,193 No related comp$161,590
David Mark Lyles
Administration Director
$464,842
$323,119 No related comp$141,723
Anthony Grant
Information Technology Manager
$306,305
$198,293 No related comp$108,012
David Earls
Operations Manager
$291,501
$217,006 No related comp$74,495
Rosa Garmon
Manager of Member CARE
$291,248
$182,238 No related comp$109,010
Michael Hale
Manager of Power Quality
$268,863
$177,262 No related comp$91,601
Shaun Chronister
Engineering Manager
$264,115
$190,965 No related comp$73,150

Benchmark Employee Compensation

Non-Employee Board Members

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

Contractors

Talley-Riggins Construction Group
Campus Building Project Contractor
$24,473,498
Texar Line Clearance LLC
Row Contractor
$3,507,896
J&L Utility Service
Line and Row Contractor
$3,211,045
Pci Utilities LLC
Line Contractor
$2,880,113
Dcg Construction LLC
Line Contractor
$2,612,692

Mission Statement

TO PROVIDE QUALITY ELECTRIC SERVICE TO MEMBER-OWNERS AT A REASONABLE COST.

Revisions to this organization profile

November 10, 2025:
2024 Farmers Electric Cooperative Inc. 990 filed
November 14, 2024:
2023 Farmers Electric Cooperative Inc. 990 filed
November 6, 2023:
2022 Farmers Electric Cooperative Inc. 990 filed

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