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Filing year 2024

FORT BELKNAP ELECTRIC COOPERATIVE INC

Olney, Texas·EIN 75-0274876·12
Total revenue
$17.5M
Total assets
$40.7M
Total expenses
$17.5M
Reported officers
10
Mission

PROVIDE RELIABLE, QUALITY ELECTRIC SERVICE TO OUR MEMBER-OWNERS AT AN AFFORDABLE AND COMPETITIVE COST, WHILE MAINTAINING THE FINANCIAL INTEGRITY OF THE COOPERATIVE.

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

Ceo/general Manager
officer (unspecified)
$231k
$245k
Base
$150k
Bonus
$379
Other
$6k
Benefits
$19k
Secretary/treasurer
officer (unspecified)
$27k
$28k
$26k
$28k
Director
board member
$25k
$27k
Director
board member
$25k
$27k
Vice President
vice president
$25k
$26k
Director
board member
$25k
$26k
Director
board member
$25k
$26k
Director
board member
$25k
$26k
Director
board member
$25k
$26k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 10%
from 2023

From $209k in 2023 to $231k in 2024.

$209k
2023
$231k
2024
In today's dollarsEst.
Up 7% in real terms$229k to $245k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

FORT BELKNAP ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$19.9M
$19.9M
2023
$17.5M
$17.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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