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Nonprofit · EIN 26-0749479

FARMERS ELECTRIC CHARITABLEFOUNDATION

Tax-exempt · GREENVILLE, TX 75402

Financials

$420K$408K2023$477K$517K2024
Revenue Expenses · by fiscal year end
Financials of FARMERS ELECTRIC CHARITABLEFOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$477,387$517,159-$39,772$233,857$0$233,857
December 31, 2023990$419,884$407,753$12,131$273,629$0$273,629
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$474,093
Program service revenue
$0
Investment income
$3,294
Other revenue
$0

Expenses

Grants and similar amounts paid
$517,066
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$517,159

Balance sheet and other

Total assets, start of year
$273,629
Total assets, end of year
$233,857
Total liabilities, end of year
$0
Net assets, end of year
$233,857
Gross receipts
$477,387
Employees
0
Volunteers
9
Year formed
2007
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 / weekCompensationFrom related orgsOther / benefits
MARK STUBBSEXECUTIVE DIRECTOR
Officer
1$0$739,440$209,723
BOB MIDDLETON JRTREASURER/SECRETARY
Trustee or director, Officer
1$0$29,475$0
LARRY LANEDIRECTOR
Trustee or director
1$0$28,857$0
MARVIN FULLERDIRECTOR
Trustee or director
1$0$28,548$0
TOMMY PULLIAMVICE PRESIDENT
Trustee or director, Officer
1$0$27,930$0
PAUL TALLANTDIRECTOR
Trustee or director
1$0$27,930$0
BILL SAMUELSPRESIDENT
Trustee or director, Officer
1$0$27,680$0
WAYNE DOUGLASDIRECTOR
Trustee or director
1$0$26,987$0
MARTIN ALLAINDIRECTOR
Trustee or director
1$0$25,767$0
DON PHILLIPSDIRECTOR
Trustee or director
1$0$25,628$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARK STUBBSEXECUTIVE DIRECTOR
Officer
1$0$662,418$180,924
BOB MIDDLETON JRTREASURER/SECRETARY
Trustee or director, Officer
1$0$31,142$0
LARRY LANEDIRECTOR
Trustee or director
1$0$30,083$0
PAUL TALLANTDIRECTOR
Trustee or director
1$0$28,479$0
WAYNE DOUGLASDIRECTOR
Trustee or director
1$0$28,465$0
BILL SAMUELSPRESIDENT
Trustee or director, Officer
1$0$28,229$0
TOMMY PULLIAMVICE PRESIDENT
Trustee or director, Officer
1$0$26,993$0
MARTIN ALLAINDIRECTOR
Trustee or director
1$0$26,007$0
MARVIN FULLERDIRECTOR
Trustee or director
1$0$26,007$0
DON PHILLIPSDIRECTOR
Trustee or director
1$0$25,873$0

Address and contacts

Address (IRS master file)
2000 EAST I-30, GREENVILLE, TX 75402-9084
In care of
% KATHY SCROGGINS
Principal officer (990 for 2024)
MARK STUBBS, 2000 EAST I-30, GREENVILLE, TX 75402
Signed the 990
MARK STUBBS, EXECUTIVE DIRECTOR
Phone
(903) 455-1715
Return prepared by
BOLINGER SEGARS GILBERT AND MOSS LLP

Mission

THE ACCUMULATION OF AND DISBURSEMENT OF FUNDS FOR CHARITABLE PURPOSES IN THE COUNTIES COMPRISING THE SERVICE TERRITORY OF FARMERS ELECTRIC COOPERATIVE, INC. THIS INCLUDES THE FOLLOWING COUNTIES IN TEXAS: DALLAS, COLLIN, ROCKWALL, HUNT, HOPKINS, KAUFMAN, RAINS, DELTA, FRANKLIN, FANNIN, VAN ZANDT AND WOOD.

990 for the year ended December 31, 2024

Program accomplishments

  • IN 2024 THE FOUNDATION DONATED $357,585 TO 36 DIFFERENT CHARITABLE ORGANIZATIONS AND DONATED $159,481 TO NEEDY INDIVIDUALS TO HELP WITH THEIR UTILITY BILLS.
    Expenses $517,159 · grants $517,066

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
26-0749479
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$233,857
Income (IRS master file)
$477,387

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$419,884$407,753$273,629IRS
990December 2022$391,738$343,796$261,498IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about FARMERS ELECTRIC CHARITABLEFOUNDATION

What is the EIN of FARMERS ELECTRIC CHARITABLEFOUNDATION?
The employer identification number (EIN) of FARMERS ELECTRIC CHARITABLEFOUNDATION is 26-0749479.
Is FARMERS ELECTRIC CHARITABLEFOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to FARMERS ELECTRIC CHARITABLEFOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FARMERS ELECTRIC CHARITABLEFOUNDATION 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 FARMERS ELECTRIC CHARITABLEFOUNDATION 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 FARMERS ELECTRIC CHARITABLEFOUNDATION 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 FARMERS ELECTRIC CHARITABLEFOUNDATION?
The 990 for the year ended December 31, 2024 names MARK STUBBS.
Who are the officers and directors of FARMERS ELECTRIC CHARITABLEFOUNDATION?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does FARMERS ELECTRIC CHARITABLEFOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $477,387, expenses of $517,159 and total assets of $233,857 at year end.

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