Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 74-0620793

FAYETTE ELECTRIC COOPERATIVE INC

Tax-exempt · LA GRANGE, TX 78945

Financials

$39.2M$38.9M2023$39.7M$41.3M2024
Revenue Expenses · by fiscal year end
Financials of FAYETTE ELECTRIC COOPERATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$39,719,567$41,262,339-$1,542,772$118,225,661$83,043,967$35,181,694
December 31, 2023990$39,212,708$38,864,912$347,796$108,158,589$70,962,747$37,195,842
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$39,594,317
Investment income
$99,691
Net rental income
$318
Net income from sales of inventory
$20,595
Other revenue
$25,559

Expenses

Grants and similar amounts paid
$17,752
Compensation of officers, directors and key employees
$603,215
Other salaries and wages
$2,314,649
Salaries, compensation and benefits (total)
$4,064,370
Professional fundraising fees
$0
Depreciation
$3,646,177

Balance sheet and other

Total assets, start of year
$108,158,589
Total assets, end of year
$118,225,661
Total liabilities, end of year
$83,043,967
Net assets, end of year
$35,181,694
Land, buildings and equipment
$104,715,040
Gross receipts
$39,731,341
Employees
49
Volunteers
0
Year formed
1939
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LARRY J SULAKSAFERTY COORDINATOR
Highest-paid employee
40$113,442$83,050
LINDA GADDESACCOUNTING SUPERVISOR
Officer
50$120,522$54,456
LEO W WICKMEMBER RELATIONS/ENG. SUPV. ASST.
Highest-paid employee
51$121,291$49,071
GARY DON NIETSCHEGENERAL MANAGER (JAN-JUNE)
Officer
80$112,854$53,602
ROBERT J THOMASLINE SUPERINTENDENT
Highest-paid employee
42$119,131$41,458
BRANDON L PIEPERMEMBER RELATIONS/ENGINEERING SUPV.
Highest-paid employee
42$107,208$44,564
DOUGLAS W LAMBERTGENERAL MANAGER (JUNE-DEC)
Officer
50$107,267$28,045
GREGORY W NOAKLINE FOREMAN
Highest-paid employee
43$108,556$20,641
JOSEPH KRUPPAVICE PRESIDENT
Trustee or director, Officer
7.8$22,458$0
DAVID ANDERLEDIRECTOR
Trustee or director
6$21,762$0
BILL BRISCOESECRETARY/TREASURER
Trustee or director, Officer
3.5$20,835$0
DAVID G LEHMANNPRESIDENT
Trustee or director, Officer
4.5$20,013$0
GALE LINCKEDIRECTOR
Trustee or director
4.8$19,915$0
LEO C HENKE JRDIRECTOR
Trustee or director
4$19,475$0
DAVID A STANCIKDIRECTOR
Trustee or director
6.5$2,011$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
GARY DON NIETSCHEGENERAL MANAGER
Officer
80$168,137$66,561
LARRY SULAKSAFETY COORDINATOR
Highest-paid employee
40$108,759$74,747
ROBERT THOMASLINE SUPERINTENDENT
Highest-paid employee
40$108,957$64,253
LEO J WICKASST ENG SUPERVISOR
Highest-paid employee
40$114,041$49,475
CHARLES SRUBARLINE FOREMAN
Highest-paid employee
40$104,537$52,365
LINDA GADDESACCOUNTING SUPERVISOR
Highest-paid employee
50$119,584$20,538
JOSEPH C KRUPPAVICE PRESIDENT
Trustee or director, Officer
7$20,571$0
BILL BRISCOESECRETARY/TREASURER
Trustee or director, Officer
3.5$19,911$0
DAVID A STANCIKDIRECTOR
Trustee or director
6.6$19,462$0
LEO C HENKE JRDIRECTOR
Trustee or director
4.1$19,036$0
DAVID G LEHMANNPRESIDENT
Trustee or director, Officer
3.5$18,531$0
GALE LINCKEDIRECTOR
Trustee or director
3.5$18,061$0
DAVID ANDERLEDIRECTOR
Trustee or director
3.6$17,921$0

Address and contacts

Address (IRS master file)
PO BOX 490, LA GRANGE, TX 78945-0490
Principal officer (990 for 2024)
DOUGLAS LAMBERT, PO BOX 490, LA GRANGE, TX 78945
Signed the 990
JAMES KIELTY, CFO
Phone
(979) 968-3181
Return prepared by
BOLINGER SEGARS GILBERT AND MOSS LLP

Mission

IT IS THE MISSION OF FAYETTE ELECTRIC COOPERATIVE, INC. TO PROVIDE RELIABLE, COST-EFFECTIVE SERVICE TO OUR MEMBERS WHILE SUPPORTING THE COMMUNITIES IN WHICH WE OPERATE.

990 for the year ended December 31, 2024

Program accomplishments

  • SALE OF ELECTRIC ENERGY TO MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 16,346 ACTIVE SERVICES AT YEAR END.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-0620793
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1939
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$118,225,661
Income (IRS master file)
$39,731,341

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$39,719,567$41,262,339$118,225,661IRS
990December 2023$39,212,708$38,864,912$108,158,589XML
990December 2022$35,384,324$35,582,553$95,911,280IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-0620793).

Questions about FAYETTE ELECTRIC COOPERATIVE INC

What is the EIN of FAYETTE ELECTRIC COOPERATIVE INC?
The employer identification number (EIN) of FAYETTE ELECTRIC COOPERATIVE INC is 74-0620793.
Is FAYETTE ELECTRIC COOPERATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1939.
Are donations to FAYETTE ELECTRIC COOPERATIVE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FAYETTE ELECTRIC COOPERATIVE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FAYETTE ELECTRIC COOPERATIVE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FAYETTE ELECTRIC COOPERATIVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FAYETTE ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 names DOUGLAS LAMBERT.
Who are the officers and directors of FAYETTE ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 lists 15 people; 15 received compensation from the organization, the highest $113,442 (LARRY J SULAK, SAFERTY COORDINATOR).
How much revenue does FAYETTE ELECTRIC COOPERATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $39,719,567, expenses of $41,262,339 and total assets of $118,225,661 at year end.

Other nonprofits in LA GRANGE

All nonprofits in LA GRANGE · Texas