Cherokee County Electric Co-op Association
501(c)(12)
100% goes to programs Strong reserves Growing revenue
Cherokee County Electric Co-op Association is a 501(c)(12) organization based in Rusk, Texas, registered in 1940, with $66,262,042 in FY2024 revenue. CharityIndex grades it A+, and it directs about 100% of spending to programs.
29880 Us Highway 69 N, Rusk, TX, 75785 EIN 75-0184514 Since 1940
Revenue (FY2024)
$66.3M
▼ 0.3% vs prior year
Expenses (FY2024)
$66.3M
Net assets
$55.2M
Employees
97
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 Cherokee County Electric Co-op Association: 100% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 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 Cherokee County Electric Co-op Association: 10 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 Cherokee County Electric Co-op Association: 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 Cherokee County Electric Co-op Association: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide electric energy to rural areas at cost on a cooperative basis.
Contact & location
Financial trends
Revenue grew from $40.8M (FY2013) to $66.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $148.9MNet assets $55.2M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$204.1M
Total liabilities
$148.9M
Net assets
$55.2M
Salaries & benefits
$454K
1% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $66,262,042▼0.3% | $66,262,042▼0.3% | $55,159,202▲2.1% | $204,098,945▲13.4% | 990 |
| 2023 | $66,471,440▲15.3% | $66,471,440▲14.7% | $54,045,955▲8.9% | $180,003,839▲20.9% | 990 |
| 2022 | $57,631,156▲16.5% | $57,935,731▲14.6% | $49,621,955▼1.4% | $148,870,489▲23.0% | 990 |
| 2021 | $49,487,633▲13.1% | $50,547,267▲15.7% | $50,346,213▼2.0% | $120,992,858▲25.4% | 990 |
| 2020 | $43,744,136▼1.2% | $43,699,620▲1.8% | $51,389,229 | $96,488,054▲6.6% | 990 |
| 2019 | $44,263,924▼6.0% | $42,933,920▼2.7% | $51,375,212▲2.7% | $90,501,227▲1.5% | 990 |
| 2018 | $47,069,439▲10.2% | $44,137,611▲2.8% | $50,038,473▲6.2% | $89,183,804 | 990 |
| 2017 | $42,728,543▼0.9% | $42,917,305▲2.6% | $47,111,988▼0.4% | $89,179,450▲0.9% | 990 |
| 2016 | $43,128,237▼4.0% | $41,840,716▼1.3% | $47,315,937▲2.7% | $88,416,657▲3.7% | 990 |
| 2015 | $44,915,500▼2.7% | $42,386,269▼1.5% | $46,055,917▲5.8% | $85,301,524▲4.4% | 990 |
| 2014 | $46,149,899▲13.0% | $43,015,957▲12.6% | $43,535,033▲7.7% | $81,690,521▲3.5% | 990 |
| 2013 | $40,842,966 | $38,216,051▲7.1% | $40,421,125▲7.0% | $78,962,369▼0.1% | 990 |
| 2012 | — | $35,686,721▼5.5% | $37,778,996▲6.8% | $79,042,177▲1.4% | 990 |
| 2011 | — | $37,745,685▲6.8% | $35,373,936▲7.0% | $77,916,350▲2.2% | 990 |
| 2010 | — | $35,327,159 | $33,046,520 | $76,218,632 | 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: Greg Jones — $218,930 (0.33% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Greg Jones | General Manager | 42.5 | $218,930 |
| Bart Bauer | Assistant Manager | 45 | $183,835 |
| Kody Stanley | Serviceman | 67.5 | $167,373 |
| Christopher Stroud | Crew Foreman | 62.5 | $154,952 |
| Andrew Owens | Direct of Broadban | 48 | $152,589 |
| Adriel Mendoza | Direct of Operaton | 42.25 | $150,231 |
| Kenneth Hicks | Retired Accounting Supervisor | 40.5 | $106,700 |
| Jim Tarrant Jr | Vice President | 1.38 | $31,790 |
| Kyle Griffith | President | 1.25 | $30,830 |
| Wes Barron | Director | 4 | $30,179 |
| Keith Yougblood | Secretary/treas | 3.13 | $20,389 |
| John Alexander | Director | 2.75 | $18,989 |
| Bruce Bradley | Director | 1.13 | $6,528 |
| Rob Trimble III | Director | 2 | $5,232 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Fiberrise Communications LLC | Fiber Design & Proj Mang | $6,459,001 |
| Ak Innovative Systems Inc | Electrical Dist. & Tech S | $4,669,767 |
| Arbor Resources | Right of Way Clearing | $2,395,040 |
| East Texas Utility Service Inc | Elect. Dist & Trans Const | $1,442,515 |
| Harris Line Service Co Inc | Right of Way Clearing | $812,436 |
Frequently asked questions
- Is Cherokee County Electric Co-op Association a legitimate nonprofit?
- Yes. Cherokee County Electric Co-op Association is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 75-0184514, based in Rusk, Texas.
- What is Cherokee County Electric Co-op Association's EIN?
- Cherokee County Electric Co-op Association's Employer Identification Number (EIN) is 75-0184514.
- How much revenue does Cherokee County Electric Co-op Association report?
- Cherokee County Electric Co-op Association reported $66,262,042 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Cherokee County Electric Co-op Association's spending goes to programs?
- Cherokee County Electric Co-op Association spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Cherokee County Electric Co-op Association have?
- CharityIndex grades Cherokee County Electric Co-op Association A+, based on program efficiency and fundraising cost.
- How much does Cherokee County Electric Co-op Association's highest-paid employee make?
- The highest reported compensation on Cherokee County Electric Co-op Association's latest Form 990 is $218,930, paid to Greg Jones (General Manager).
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Data for Cherokee County Electric Co-op Association (EIN 75-0184514) 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.