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Nonprofit · EIN 44-0290777

HOWELL-OREGON ELECTRIC COOPERATIVE INC

Tax-exempt · WEST PLAINS, MO 65775

Financials

$27.2M$24.9M2023$26.1M$26.1M2024
Revenue Expenses · by fiscal year end
Financials of HOWELL-OREGON ELECTRIC COOPERATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$26,122,172$26,122,172$0$157,520,593$106,132,074$51,388,519
December 31, 2023990$27,224,158$24,924,158$2,300,000$148,436,575$100,119,448$48,317,127
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,386,479
Investment income
$765,321
Net gain from sales of assets
$21,639
Net income from sales of inventory
$23,970,372
Other revenue
$23,970,372

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$3,072,375
Compensation of officers, directors and key employees
$86,000
Other salaries and wages
$4,680,758
Salaries, compensation and benefits (total)
$8,608,759
Professional fundraising fees
$0
Legal fees
$35,218
Accounting fees
$22,600
Travel
$15,908
Depreciation
$4,711,566
Program services (functional)
$26,122,172

Balance sheet and other

Total assets, start of year
$148,436,575
Total assets, end of year
$157,520,593
Total liabilities, end of year
$106,132,074
Net assets, end of year
$51,388,519
Land, buildings and equipment
$125,644,462
Gross receipts
$52,379,178
Employees
90
Volunteers
0
Year formed
1939
State of legal domicile
MO

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
DAN SINGLETARYCHIEF EXECUTIVE OFFICER
Officer
47.09$358,721$46,900$149,092
TRACY BROWERCHIEF FINANCIAL OFFICER
Officer
39.58$157,501$0$129,164
TROY HOGSETTMANAGER OF ENGINEERING
Key employee
40.13$164,908$0$113,904
SCOTT WARDMANAGER OF OPERATIONS
Highest-paid employee
43.66$145,147$0$69,264
CARL GIVENSFOREMAN
Highest-paid employee
45.69$125,383$0$76,195
BENNIE PERKINSLINEMAN
Highest-paid employee
45.07$124,850$0$70,876
JUSTIN WILSONFOREMAN
Highest-paid employee
47.63$129,026$0$44,119
RYAN DANIELLINEMAN
Highest-paid employee
48.42$120,757$0$32,329
DARRIN MCLAINDIRECTOR
Trustee or director
5.32$11,200$0$0
KEITH THARPPRESIDENT
Trustee or director, Officer
5.33$10,800$0$0
DENNIS WALTONSECRETARY-TREASURER
Trustee or director, Officer
5.12$8,400$0$0
RANDY PACEDIRECTOR
Trustee or director
4.29$7,600$0$0
CLINTON REEVESDIRECTOR
Trustee or director
4.71$7,600$0$0
GLEN JOHNSONVICE PRESIDENT
Trustee or director, Officer
4.79$7,200$0$0
BRANDON HUFFMANDIRECTOR
Trustee or director
4.62$6,000$0$0
5 more people on this return
NameTitleHours / weekCompensation
SCOTT MAHANDIRECTOR
Trustee or director
3.71$6,000
JIM LAWRENCEDIRECTOR
Trustee or director
4.08$6,000
GAREL MONTGOMERYASSISTANT SECRETARY-TREASU
Trustee or director, Officer
3.77$5,600
JOHN PLUMMERDIRECTOR
Trustee or director
3.54$4,800
JOSH ROBERTSDIRECTOR
Trustee or director
3.46$4,800
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAN SINGLETARYCHIEF EXECUTIVE OFFICER
Officer
46.11$346,156$45,850$274,886
TRACY BROWERCHIEF FINANCIAL OFFICER
Officer
41.39$146,910$0$106,664
TROY HOGSETTMANAGER OF ENGINEERING
Key employee
41.04$151,861$0$92,913
BENNIE PERKINSSERVICE LINEMAN
Highest-paid employee
43.36$121,467$0$101,378
CHAD WICKENSFOREMAN
Highest-paid employee
43.7$116,676$0$83,003
CARL GIVENSFOREMAN
Highest-paid employee
45.83$122,858$0$71,973
BILL TEMPLEMANAGER OF ACCOUNTS RECEIV
Highest-paid employee
41.37$114,774$0$64,821
SCOTT WARDMANAGER OF OPERATIONS
Highest-paid employee
43.79$114,810$0$47,521
KEITH THARPPRESIDENT
Trustee or director, Officer
4.63$10,100$0$0
JIM LAWRENCEDIRECTOR
Trustee or director
4.5$8,650$0$0
SCOTT MAHANDIRECTOR
Trustee or director
3.79$8,400$0$0
BRANDON HUFFMANDIRECTOR
Trustee or director
4.69$8,000$0$0
CLINTON REEVESDIRECTOR
Trustee or director
4.22$7,600$0$0
JOSH ROBERTSDIRECTOR
Trustee or director
3.88$7,600$0$0
GLEN JOHNSONVICE PRESIDENT
Trustee or director, Officer
4.46$7,600$0$0
DENNIS WALTONSECRETARY-TREASURER
Trustee or director, Officer
4.08$6,800$0$0
RANDY PACEDIRECTOR
Trustee or director
3.25$5,600$0$0
JOHN PLUMMERDIRECTOR
Trustee or director
3.63$5,600$0$0
GAREL MONTGOMERYASSISTANT SECRETARY-TREASU
Trustee or director, Officer
3.79$5,200$0$0
DON JOHNSONDIRECTOR
Trustee or director
2.75$4,000$0$0

Address and contacts

Address (IRS master file)
PO BOX 649, WEST PLAINS, MO 65775-0649
Principal officer (990 for 2024)
DENNIS WALTON, PO BOX 649, WEST PLAINS, MO 65775
Signed the 990
DENNIS WALTON, DIRECTOR
Phone
(417) 256-2131
Return prepared by
SCHULTZ WOOD & RAPP PC

Mission

HOEC WILL BE A LEADER IN DELIVERING COST EFFECTIVE, RELIABLE ENERGY WITH VALUE ADDED SERVICE TO ITS MEMBER-OWNERS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE COOPERATIVE'S PURPOSE IS TO PROVIDE THE LOWEST POSSIBLE ELECTRIC RATES FOR MEMBERS AND THE END OF THE YEAR MARGINS ARE ASSIGNED TO THE MEMBERSHIP AS PATRONAGE CAPITAL.
    Expenses $26,122,172

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
44-0290777
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1942
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$157,520,593
Income (IRS master file)
$52,379,178

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$26,122,172$26,122,172$157,520,593XML
990December 2023$27,224,158$24,924,158$148,436,575XML
990December 2022$23,384,060$25,384,060$152,806,681IRS
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 44-0290777).

Questions about HOWELL-OREGON ELECTRIC COOPERATIVE INC

What is the EIN of HOWELL-OREGON ELECTRIC COOPERATIVE INC?
The employer identification number (EIN) of HOWELL-OREGON ELECTRIC COOPERATIVE INC is 44-0290777.
Is HOWELL-OREGON ELECTRIC COOPERATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1942.
Are donations to HOWELL-OREGON ELECTRIC COOPERATIVE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HOWELL-OREGON 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 HOWELL-OREGON 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 HOWELL-OREGON 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 HOWELL-OREGON ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 names DENNIS WALTON.
Who are the officers and directors of HOWELL-OREGON ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 lists 20 people; 20 received compensation from the organization, the highest $358,721 (DAN SINGLETARY, CHIEF EXECUTIVE OFFICER).
How much revenue does HOWELL-OREGON ELECTRIC COOPERATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $26,122,172, expenses of $26,122,172 and total assets of $157,520,593 at year end.

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