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Nonprofit · EIN 75-0261611

FANNIN CO ELECTRIC COOPERATIVE INC

Tax-exempt · BONHAM, TX 75418

Financials

$32.6M$31.9M2023$36M$33.9M2024
Revenue Expenses · by fiscal year end
Financials of FANNIN CO ELECTRIC COOPERATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$35,959,115$33,886,170$2,072,945$96,249,569$65,300,153$30,949,416
December 31, 2023990$32,641,620$31,860,412$781,208$87,054,901$57,878,085$29,176,816
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$33,862,980
Investment income
$2,059,125
Net gain from sales of assets
$1,732,993
Other revenue
$37,010

Expenses

Grants and similar amounts paid
$2,622
Benefits paid to members
$292,260
Compensation of officers, directors and key employees
$1,628,006
Other salaries and wages
$1,932,954
Salaries, compensation and benefits (total)
$5,069,078
Professional fundraising fees
$0
Depreciation
$3,003,140

Balance sheet and other

Total assets, start of year
$87,054,901
Total assets, end of year
$96,249,569
Total liabilities, end of year
$65,300,153
Net assets, end of year
$30,949,416
Land, buildings and equipment
$75,744,401
Gross receipts
$35,959,115
Employees
44
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
JOHN ED SHINPAUGHCHIEF EXECUTIVE OFFICER
Officer
55$283,272$115,928
KAREN RINTELMANNCHIEF FINANCIAL OFFICER
Officer
45$224,733$84,511
BARRY MURCHISONENGINEER MANAGER
Key employee
40$156,565$98,157
TIM KIDWELLASSISTANT MANAGER
Key employee
40$176,476$77,035
RODNEY GAMMONSLINE SUPERINTENDENT
Highest-paid employee
41$141,205$104,630
DARRELL WILLIAMSBUSINESS DEVELOPMENT MANAGER
Key employee
40$191,510$53,178
CORY PATTONLINE FOREMAN
Highest-paid employee
43$127,690$57,619
KAYLEN FOGELBERG1ST CLASS LINEMAN
Highest-paid employee
51$134,913$44,007
KRISTOPHER GAMMONSLINE FOREMAN
Highest-paid employee
42$118,999$49,649
JOEL JONES1ST CLASS LINEMAN
Highest-paid employee
47$122,153$45,599
WESLEY HICKSCHIEF TECHNOLOGY OFFICER
Officer
45$88,304$33,337
RODNEY BRENTVICE-PRESIDENT
Trustee or director, Officer
0.5$6,600$0
SCOTT GIBBSDIRECTOR
Trustee or director
0.7$6,600$0
ALFRED SCOTTDIRECTOR
Trustee or director
0.7$6,600$0
STEPHEN COLLIDAPRESIDENT
Trustee or director, Officer
0.9$6,500$0
4 more people on this return
NameTitleHours / weekCompensation
JOHN SKOTNIKDIRECTOR
Trustee or director
1.7$6,500
J SETH MAHLERSECRETARY
Trustee or director, Officer
0.5$6,400
TODD MORISON APRIL-DECDIRECTOR
Trustee or director
0.4$4,700
ROBERT MILTON JAN-FEBDIRECTOR
Trustee or director
0.1$1,100
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
JOHN ED SHINPAUGHCHIEF EXECUTIVE OFFICER
Officer
55$267,291$114,523
KAREN RINTELMANNCHIEF FINANCIAL OFFICER
Officer
45$212,161$76,174
TIM KIDWELLASSISTANT MANAGER
Highest-paid employee
40$166,629$73,687
BARRY MURCHISONENGINEER MANAGER
Highest-paid employee
40$147,308$92,193
RODNEY GAMMONSLINE SUPERINTENDENT
Highest-paid employee
40$134,934$76,184
CORY PATTONLINE FOREMAN
Highest-paid employee
40$120,200$54,708
KAYLEN FOGELBERG1ST CLASS LINEMAN
Highest-paid employee
40$118,810$42,578
RODNEY BRENTVICE-PRESIDENT
Trustee or director, Officer
0.5$7,500$0
SCOTT GIBBSDIRECTOR
Trustee or director
0.7$7,500$0
ROBERT MILTONSECRETARY/TREASURER
Trustee or director, Officer
0.8$7,500$0
STEPHEN COLLIDAPRESIDENT
Trustee or director, Officer
2.1$7,400$0
ALFRED SCOTTDIRECTOR
Trustee or director
0.6$7,300$0
JOHN SKOTNIKDIRECTOR
Trustee or director
1.6$7,200$0
J SETH MAHLERDIRECTOR
Trustee or director
0.5$7,200$0

Address and contacts

Address (IRS master file)
PO BOX 250, BONHAM, TX 75418-0250
In care of
% JESSICA WALKER JILSON
Principal officer (990 for 2024)
JOHN ED SHINPAUGH, PO BOX 250, BONHAM, TX 75418
Signed the 990
JOHN ED SHINPAUGH, GENERAL MANAGER
Phone
(903) 583-2117
Return prepared by
BOLINGER SEGARS GILBERT AND MOSS LLP

Mission

NONE

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDING ELECTRIC ENERGY TO OUR MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 12,172 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
75-0261611
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)
$96,249,569
Income (IRS master file)
$35,959,115

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$35,959,115$33,886,170$96,249,569XML
990December 2023$32,641,620$31,860,412$87,054,901XML
990December 2022$32,788,438$32,365,603$82,496,559IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 75-0261611).

Questions about FANNIN CO ELECTRIC COOPERATIVE INC

What is the EIN of FANNIN CO ELECTRIC COOPERATIVE INC?
The employer identification number (EIN) of FANNIN CO ELECTRIC COOPERATIVE INC is 75-0261611.
Is FANNIN CO ELECTRIC COOPERATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1939.
Are donations to FANNIN CO ELECTRIC COOPERATIVE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FANNIN CO 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 FANNIN CO 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 FANNIN CO 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 FANNIN CO ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 names JOHN ED SHINPAUGH.
Who are the officers and directors of FANNIN CO ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 lists 19 people; 19 received compensation from the organization, the highest $283,272 (JOHN ED SHINPAUGH, CHIEF EXECUTIVE OFFICER).
How much revenue does FANNIN CO ELECTRIC COOPERATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $35,959,115, expenses of $33,886,170 and total assets of $96,249,569 at year end.

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