Fiscal year ending 2023. Filed on September 30, 2024.
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 2023 IRS Form 990 filing, Howard Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 17 total employees. Among the employees shown here, the average compensation is $162,578. The highest compensated employee at Howard Electric Cooperative is Amber Overfelt with fiscal year 2023 compensation of $221,208.
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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