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Nonprofit · EIN 75-0535849

RUSK COUNTY ELECTRIC COOPERATIVE INC

Tax-exempt · HENDERSON, TX 75653

Financials

$63.3M$63.3M2023$60.6M$60.6M2024
Revenue Expenses · by fiscal year end
Financials of RUSK COUNTY ELECTRIC COOPERATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$60,595,364$60,595,364$0$142,619,267$64,866,602$77,752,665
December 31, 2023990$63,340,914$63,340,914$0$140,411,983$63,048,046$77,363,937
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$60,246,181
Investment income
$217,793
Net rental income
$123,402
Net gain from sales of assets
$32,107
Other revenue
$131,390

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$1,392,662
Compensation of officers, directors and key employees
$778,325
Salaries, compensation and benefits (total)
$778,325
Professional fundraising fees
$0
Travel
$41,790
Depreciation
$4,583,588
Program services (functional)
$60,595,364

Balance sheet and other

Total assets, start of year
$140,411,983
Total assets, end of year
$142,619,267
Total liabilities, end of year
$64,866,602
Net assets, end of year
$77,752,665
Land, buildings and equipment
$107,270,567
Gross receipts
$60,595,957
Employees
72
Year formed
1938
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
Rhett ReidGeneral Manager
Officer
55$256,912$125,410
BELINDA KERNMNGR OF OFF. SERV.50$146,159$133,402
ROBERT J WILLIAMSCHIEF OPERATE OFF53$165,572$85,108
RUBEN CONTRERASCREW FOREMAN55$162,886$66,789
BRENDON DANEFINANCE MANAGER
Officer
50$142,931$70,443
COLLIN CASTLECREW FOREMAN50$152,992$58,116
CLAY LONGCREW FOREMAN59$145,519$54,816
JAY INNERARITYPresident
Trustee or director, Officer
20$37,403$0
EMILY WHITWORTHVice President
Trustee or director, Officer
16$34,350$0
KENNETH KEELINGDirector
Trustee or director
30$34,250$0
RICHARD HACKERSec/Treasur
Trustee or director, Officer
25$33,500$0
SAM ALLISONDirector
Trustee or director
20$26,021$0
TONY CAVALIEREAssist Sec/Trea
Trustee or director, Officer
30$9,250$0
NORA TIPPSDirector
Trustee or director
18$7,855$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
Rhett ReidGeneral Manager
Officer
55$231,928$117,602
BELINDA KERNMNGR OF OFF. SERV.50$139,601$123,847
JIM DICKESONSUPER OF STRAT SER50$136,879$102,584
RUBEN CONTRERASCREW FOREMAN55$156,248$64,305
BRENDON DANEFINANCE MANAGER
Officer
50$134,107$67,911
CLAY LONGCREW FOREMAN59$142,975$58,698
ROBERT J WILLIAMSCHIEF OPERATE OFF53$142,428$57,694
KENNETH KEELINGPresident
Trustee or director, Officer
30$35,813$0
EMILY WHITWORTHSECRETARY TREAS
Trustee or director, Officer
16$35,413$0
RICHARD HACKERASSIST SEC/TREA
Trustee or director, Officer
22$33,513$0
SAM ALLISONDirector
Trustee or director
16$25,815$0
JAY INNERARITYVice President
Trustee or director, Officer
26$23,531$0
TONY CAVALIEREDirector
Trustee or director
20$9,700$0
NORA TIPPSDirector
Trustee or director
15$8,455$0

Address and contacts

Address (IRS master file)
PO BOX 1169, HENDERSON, TX 75653-1169
Signed the 990
Rhett Reid, General Manager
Phone
(903) 657-4571
Return prepared by
Knuckols Duvall Hallum & Co

Mission

THE MISSION OF RCEC IS TO PROVIDE RELIABLE, EFFICIENT, AND ECONOMICAL SERVICES TO OUR CUSTOMERS THAT ENHANCE THEIR QUALITY OF LIFE. RCEC PROVIDED ELECTRICAL ENERGY TO OVER 15,000 COOPERATIVE MEMBERS.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE ELECTRICAL ENERGY AND SERVICES TO OVER 15,000 MEMBERS.
    Expenses $60,595,364

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
75-0535849
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)
$142,619,267
Income (IRS master file)
$60,595,957

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$60,595,364$60,595,364$142,619,267IRS
990December 2023$63,340,914$63,340,914$140,411,983XML
990December 2022$74,144,265$74,144,265$137,864,154IRS
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 75-0535849).

Questions about RUSK COUNTY ELECTRIC COOPERATIVE INC

What is the EIN of RUSK COUNTY ELECTRIC COOPERATIVE INC?
The employer identification number (EIN) of RUSK COUNTY ELECTRIC COOPERATIVE INC is 75-0535849.
Is RUSK COUNTY ELECTRIC COOPERATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1939.
Are donations to RUSK COUNTY ELECTRIC COOPERATIVE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RUSK COUNTY 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 RUSK COUNTY 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 RUSK COUNTY 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 are the officers and directors of RUSK COUNTY ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 lists 14 people; 14 received compensation from the organization, the highest $256,912 (Rhett Reid, General Manager).
How much revenue does RUSK COUNTY ELECTRIC COOPERATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $60,595,364, expenses of $60,595,364 and total assets of $142,619,267 at year end.

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