Nonprofit · EIN 75-0261611
FANNIN CO ELECTRIC COOPERATIVE INC
Tax-exempt · BONHAM, TX 75418
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $35,959,115 | $33,886,170 | $2,072,945 | $96,249,569 | $65,300,153 | $30,949,416 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN ED SHINPAUGH | CHIEF EXECUTIVE OFFICER Officer | 55 | $283,272 | $115,928 |
| KAREN RINTELMANN | CHIEF FINANCIAL OFFICER Officer | 45 | $224,733 | $84,511 |
| BARRY MURCHISON | ENGINEER MANAGER Key employee | 40 | $156,565 | $98,157 |
| TIM KIDWELL | ASSISTANT MANAGER Key employee | 40 | $176,476 | $77,035 |
| RODNEY GAMMONS | LINE SUPERINTENDENT Highest-paid employee | 41 | $141,205 | $104,630 |
| DARRELL WILLIAMS | BUSINESS DEVELOPMENT MANAGER Key employee | 40 | $191,510 | $53,178 |
| CORY PATTON | LINE FOREMAN Highest-paid employee | 43 | $127,690 | $57,619 |
| KAYLEN FOGELBERG | 1ST CLASS LINEMAN Highest-paid employee | 51 | $134,913 | $44,007 |
| KRISTOPHER GAMMONS | LINE FOREMAN Highest-paid employee | 42 | $118,999 | $49,649 |
| JOEL JONES | 1ST CLASS LINEMAN Highest-paid employee | 47 | $122,153 | $45,599 |
| WESLEY HICKS | CHIEF TECHNOLOGY OFFICER Officer | 45 | $88,304 | $33,337 |
| RODNEY BRENT | VICE-PRESIDENT Trustee or director, Officer | 0.5 | $6,600 | $0 |
| SCOTT GIBBS | DIRECTOR Trustee or director | 0.7 | $6,600 | $0 |
| ALFRED SCOTT | DIRECTOR Trustee or director | 0.7 | $6,600 | $0 |
| STEPHEN COLLIDA | PRESIDENT Trustee or director, Officer | 0.9 | $6,500 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN SKOTNIK | DIRECTOR Trustee or director | 1.7 | $6,500 |
| J SETH MAHLER | SECRETARY Trustee or director, Officer | 0.5 | $6,400 |
| TODD MORISON APRIL-DEC | DIRECTOR Trustee or director | 0.4 | $4,700 |
| ROBERT MILTON JAN-FEB | DIRECTOR Trustee or director | 0.1 | $1,100 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN ED SHINPAUGH | CHIEF EXECUTIVE OFFICER Officer | 55 | $267,291 | $114,523 |
| KAREN RINTELMANN | CHIEF FINANCIAL OFFICER Officer | 45 | $212,161 | $76,174 |
| TIM KIDWELL | ASSISTANT MANAGER Highest-paid employee | 40 | $166,629 | $73,687 |
| BARRY MURCHISON | ENGINEER MANAGER Highest-paid employee | 40 | $147,308 | $92,193 |
| RODNEY GAMMONS | LINE SUPERINTENDENT Highest-paid employee | 40 | $134,934 | $76,184 |
| CORY PATTON | LINE FOREMAN Highest-paid employee | 40 | $120,200 | $54,708 |
| KAYLEN FOGELBERG | 1ST CLASS LINEMAN Highest-paid employee | 40 | $118,810 | $42,578 |
| RODNEY BRENT | VICE-PRESIDENT Trustee or director, Officer | 0.5 | $7,500 | $0 |
| SCOTT GIBBS | DIRECTOR Trustee or director | 0.7 | $7,500 | $0 |
| ROBERT MILTON | SECRETARY/TREASURER Trustee or director, Officer | 0.8 | $7,500 | $0 |
| STEPHEN COLLIDA | PRESIDENT Trustee or director, Officer | 2.1 | $7,400 | $0 |
| ALFRED SCOTT | DIRECTOR Trustee or director | 0.6 | $7,300 | $0 |
| JOHN SKOTNIK | DIRECTOR Trustee or director | 1.6 | $7,200 | $0 |
| J SETH MAHLER | DIRECTOR 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
- Website
- WWW.FANNINEC.COOP
- Return prepared by
- BOLINGER SEGARS GILBERT AND MOSS LLP
Mission
NONE
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $35,959,115 | $33,886,170 | $96,249,569 | XML |
| 990 | December 2023 | $32,641,620 | $31,860,412 | $87,054,901 | XML |
| 990 | December 2022 | $32,788,438 | $32,365,603 | $82,496,559 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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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