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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 2023. Filed on November 14, 2024.

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 2023 IRS Form 990 filing, Farmers Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 18 out of 208 total employees. Among the employees shown here, the average compensation is $302,294. The highest compensated employee at Farmers Electric Cooperative Inc. is Mark Stubbs with fiscal year 2023 compensation of $843,342.

Revenue, expenses, and employee compensation

Revenue

$205,067,907

Expenses

$205,682,056

Employee compensation

$16,805,540
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mark Stubbs
Chief Executive Officer and General Manager
$843,342
$662,418 No related comp$180,924
Brian Green
SR Director of Engineering/Op
$490,110
$366,131 No related comp$123,979
Samantha Crouch Baxter
GEN Counsel/Sr Director
$458,305
$367,166 No related comp$91,139
Kathy Scroggins
Cfo/Director of Finance
$423,158
$300,358 No related comp$122,800
David Mark Lyles
Administration Director
$407,976
$298,423 No related comp$109,553
Anthony Grant
Information Technology Manager
$273,058
$187,392 No related comp$85,666
David Earls
Operations Manager
$262,682
$199,617 No related comp$63,065
Rosa Garmon
Manager of Member CARE
$241,012
$161,783 No related comp$79,229
Shaun Chronister
Engineering Manager
$234,845
$172,613 No related comp$62,232
Michael Hale
Manager of Power Quality
$234,528
$162,563 No related comp$71,965
James Nimmo
MGR of Communications
$219,992
$158,156 No related comp$61,836
Brian Sims
Line Superintendent
$205,602
$146,732 No related comp$58,870

Benchmark Employee Compensation

Non-Employee Board Members

Bob Middleton Jr
Secretary
$31,142
$31,142 No related compNo other comp
Larry Lane
Director
$30,083
$30,083 No related compNo other comp
Paul Tallant
Director
$28,479
$28,479 No related compNo other comp
Wayne Douglas
Director
$28,465
$28,465 No related compNo other comp
Bill Samuels
President
$28,229
$28,229 No related compNo other comp
Tommy Pulliam
Vice President
$26,993
$26,993 No related compNo other comp
Marvin Fuller
Director
$26,007
$26,007 No related compNo other comp
Martin Allain
Director
$26,007
$26,007 No related compNo other comp
Don Phillips
Director
$25,873
$25,873 No related compNo other comp

Contractors

Talley-Riggins Construction Group
Campus Building Project Contractor
$4,636,179
J&L Utility Service
Line and Row Contractor
$4,471,532
Texar Line Clearance LLC
Row Contractor
$4,205,392
Pci Utilities LLC
Line Contractor
$3,554,648
Dcg Construction LLC
Line Contractor
$2,268,848

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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