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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 2016. Filed on November 13, 2017.

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 2016 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 163 total employees. Among the employees shown here, the average compensation is $234,498. The highest compensated employee at Farmers Electric Cooperative Inc. is Mark Stubbs with fiscal year 2016 compensation of $607,342.

Revenue, expenses, and employee compensation

Revenue

$131,913,422

Expenses

$131,568,795

Employee compensation

$11,168,589
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mark Stubbs
Chief Executive Officer and General Manager
$607,342
$393,622 No related comp$213,720
Brian Green
Director of Engineering/Operations
$262,889
$199,866 No related comp$63,023
Kathy Scroggins
Chief Financial Officer
$219,598
$162,946 No related comp$56,652
Michael Hale
Operations Manager
$192,311
$137,010 No related comp$55,301
Samantha Crouch Baxter
General Counsel
$192,304
$153,265 No related comp$39,039
David Mark Lyles
Administration Director
$190,118
$152,236 No related comp$37,882
Anthony Grant
Information Technology Manager
$182,629
$126,463 No related comp$56,166
Stephen Geiger
Engineering Manager
$179,220
$128,606 No related comp$50,614
Brian Sims
Crew Foreman
$166,100
$121,176 No related comp$44,924
David Earls
Crew Foreman
$152,465
$115,392 No related comp$37,073

Benchmark Employee Compensation

Non-Employee Board Members

Wayne Douglas
Director
$31,245
$31,245 No related compNo other comp
David Magness
President
$30,499
$30,499 No related compNo other comp
Bob Middleton Jr
Director
$29,788
$29,788 No related compNo other comp
Martin Allain
Director
$28,640
$28,640 No related compNo other comp
Don Phillips
Director
$28,437
$28,437 No related compNo other comp
Tommy Pulliam
Director
$24,839
$24,839 No related compNo other comp
Bill Samuels
Vice President
$24,189
$24,189 No related compNo other comp
Betty Adams
Secretary and Treasurer
$21,202
$21,202 No related compNo other comp
Marvin Fuller
Director
$18,174
$18,174 No related compNo other comp

Contractors

J&L Utility Service
Utility Line Contractor
$4,316,392
Grand Mesa Electric LLC
Substation Contractor
$2,661,579
Hardin Tree Inc.
Row Maintenance Contractor
$2,159,674
Dcg Construction LLC
Utility Line Contractor
$2,137,817
Osmose Utilities Servicesinc
Pole and Ug Inspection Contractor
$293,252

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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