Bowie-cass Electric Cooperative Inc
501(c)(12)
100% goes to programs Strong reserves
Bowie-cass Electric Cooperative Inc is a 501(c)(12) organization based in Douglassville, Texas, registered in 1942, with $79,998,868 in FY2024 revenue. CharityIndex grades it A+, and it directs about 100% of spending to programs.
Po Box 47, Douglassville, TX, 75560 EIN 75-0150318 Since 1942
Revenue (FY2024)
$80.0M
▼ 8.6% vs prior year
Expenses (FY2024)
$80.0M
Net assets
$115.5M
Employees
104
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating100% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Bowie-cass Electric Cooperative Inc: 100% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating17 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bowie-cass Electric Cooperative Inc: 17 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Bowie-cass Electric Cooperative Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bowie-cass Electric Cooperative Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To make electric energy available to its members at the lowest cost consistent with sound economy and good management.
Contact & location
- Address
- Po Box 47, Douglassville, TX, 75560
- City
- Douglassville
- State
- Texas
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $80.4M (FY2013) to $80.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $89.8MNet assets $115.5M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$205.3M
Total liabilities
$89.8M
Net assets
$115.5M
Salaries & benefits
$473K
1% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $79,998,868▼8.6% | $79,998,868▼8.6% | $115,524,191▲3.0% | $205,334,755▲0.7% | 990 |
| 2023 | $87,537,131▼14.5% | $87,537,131▼14.5% | $112,187,809▲0.8% | $203,866,381▼3.1% | 990 |
| 2022 | $102,367,019▲20.9% | $102,367,019▲20.9% | $111,328,840▲11.6% | $210,404,632▲1.5% | 990 |
| 2021 | $84,643,047▲15.7% | $84,643,047▲15.7% | $99,790,508▼0.6% | $207,355,878▲9.2% | 990 |
| 2020 | $73,139,500▼2.7% | $73,139,500▼2.7% | $100,416,642▲2.1% | $189,855,660▲3.1% | 990 |
| 2019 | $75,205,730▼7.6% | $75,205,730▼7.6% | $98,364,597▼0.4% | $184,168,064▲1.1% | 990 |
| 2018 | $81,421,808▲6.6% | $81,421,808▲6.6% | $98,762,646▲5.4% | $182,220,079▲0.1% | 990 |
| 2017 | $76,399,650▲0.4% | $76,399,650▲0.4% | $93,686,196▲11.8% | $182,068,199▲0.1% | 990 |
| 2016 | $76,070,488▼4.7% | $76,070,488▼4.7% | $83,820,531▲2.4% | $181,796,633▲2.1% | 990 |
| 2015 | $79,789,257▼1.3% | $79,789,257▼1.3% | $81,848,612▲4.0% | $178,029,911▲1.5% | 990 |
| 2014 | $80,805,469▲0.5% | $80,805,469▲0.5% | $78,671,478▼3.5% | $175,351,325▼0.7% | 990 |
| 2013 | $80,366,327 | $80,366,324▲8.6% | $81,512,956▲10.9% | $176,591,353▲3.8% | 990 |
| 2012 | — | $73,997,987▲0.9% | $73,479,302▲3.9% | $170,128,838▲2.1% | 990 |
| 2011 | — | $73,366,753 | $70,704,928 | $166,625,184 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Mark A Boyd — $234,556 (0.29% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mark A Boyd | General Manager | 50 | $234,556 |
| Travis Turner | Engineer Director | 40 | $197,273 |
| Monte Simpson | Line Inspector | 40 | $162,419 |
| Sharon Cook | Cfo & Hr Manager | 40 | $151,719 |
| Johnny D Hammonds | Serviceman | 40 | $145,504 |
| Gregory Russell | Maint. Superintend | 40 | $144,378 |
| Steve E Delaughter | President | 12.3 | $25,832 |
| Shep Granberry | Director | 1.78 | $21,932 |
| Carla Dupree | Director | 2.38 | $21,332 |
| Anthony Pinkham | Sec/treas. | 2.96 | $19,832 |
| Ryan Richey | Director | 3.04 | $18,632 |
| Hal Hess | Director | 2 | $18,621 |
| Sue Berry | Director | 2.1 | $18,615 |
| Jerry Moody | Vice President | 3.69 | $18,432 |
| Denise Mcdaniel | Assist Sec/trea | 3.83 | $18,332 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Whitmire Line Clearance Inc | Row Tree Trimming Serv | $1,855,904 |
| Artisan Power Inc | Electric Pole Installatio | $1,658,945 |
| Rei Utility Services LLC | Engineering Services | $1,387,982 |
| Lewis Tree Service Inc | Row Tree Trimming Serv | $1,094,378 |
| Texar Tree & Timber LLC | Row Tree Trimming Serv | $928,188 |
Frequently asked questions
- Is Bowie-cass Electric Cooperative Inc a legitimate nonprofit?
- Yes. Bowie-cass Electric Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 75-0150318, based in Douglassville, Texas.
- What is Bowie-cass Electric Cooperative Inc's EIN?
- Bowie-cass Electric Cooperative Inc's Employer Identification Number (EIN) is 75-0150318.
- How much revenue does Bowie-cass Electric Cooperative Inc report?
- Bowie-cass Electric Cooperative Inc reported $79,998,868 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Bowie-cass Electric Cooperative Inc's spending goes to programs?
- Bowie-cass Electric Cooperative Inc spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Bowie-cass Electric Cooperative Inc have?
- CharityIndex grades Bowie-cass Electric Cooperative Inc A+, based on program efficiency and fundraising cost.
- How much does Bowie-cass Electric Cooperative Inc's highest-paid employee make?
- The highest reported compensation on Bowie-cass Electric Cooperative Inc's latest Form 990 is $234,556, paid to Mark A Boyd (General Manager).
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Data for Bowie-cass Electric Cooperative Inc (EIN 75-0150318) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.