Fiscal year ending 2019. Filed on September 18, 2020.
PO Box 391
Fayette, Missouri 65248
Howard Electric Cooperative (EIN: 43-0330970) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Howard Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 4 out of 16 total employees. Among the employees shown here, the average compensation is $194,105. The highest compensated employee at Howard Electric Cooperative is Richard Fowler with fiscal year 2019 compensation of $372,105.
Revenue
Expenses
Employee compensation
As a cooperative, Howard Electric operates on a non-profit basis. All revenue above the cost of doing business (margins) is assigned to the members under a patronage refund plan called capital credits. The cooperative assigned capital credits annually and keeps a careful record of each member's investment in the co-op.
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