EIN 71-0056715

First Electric Cooperative Corporation

IRS 501(c) type
501(c)(12)
Num. employees
259
Year formed
1937
Most recent tax filings
2022-12-01
NTEE code, primary
Description
First Electric Cooperative Corporation improves the quality of life by providing quality, reliable, and affordable electric service to its members on a cooperative basis through allocation of patronage capital. Year-end records showed 99,113 active services.
Total revenues
$273,232,530
2022
Total expenses
$276,779,380
2022
Total assets
$665,270,338
2022
Num. employees
259
2022

Program areas at First Electric Cooperative Corporation

Providing Electric energy to our members on a Cooperative basis through the allocation of patronage capital. There were 100,788 active services at year end.

Grants made by First Electric Cooperative Corporation

GranteeGrant descriptionAmount
First Electric TrustTo Pay for Direct Operating Expenses for the Trust.$16,524
Cooperative Finance Corporation (CFC)Integrity Fund Donation for Cooperative Support$10,000

Personnel at First Electric Cooperative Corporation

NameTitleCompensation
Don CrabbePresident and Chief Executive Officer$702,861
Melissa WoodChief Financial Officer$230,412
Randy EverettVice President of Corporate Services / Chief Information Officer / Vice President - Operations$205,731
Jerry DriskillVice President of Operations / Vice President - Operations$215,210
Tonya SextonVice President of Marketing and Development / Vice President - Marketing and Development / Vice President of Marketing and Communications / Vice President - Marketing$190,499
...and 12 more key personnel

Financials for First Electric Cooperative Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$257,131,614
Investment income and dividends$3,337,397
Tax-exempt bond proceeds$0
Royalty revenue$5,073
Net rental income$776
Net gain from sale of non-inventory assets$4,289,662
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$192,870
Miscellaneous revenues$8,275,138
Total revenues$273,232,530

Form 990s for First Electric Cooperative Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-06-08990View PDF
2018-122020-01-14990View PDF
...and 9 more Form 990s

Organizations like First Electric Cooperative Corporation

OrganizationLocationRevenue
Jones-Onslow Electric Membership Corporation (JOEMC)Jacksonville, NC$152,637,282
Coserv ElectricCorinth, TX$826,144,853
Sequachee Valley Electric CooperativeSouth Pittsburg, TN$112,585,937
Dixie Electric Membership CorporationBaton Rouge, LA$316,976,547
Southern Maryland Electric CooperativeHughesville, MD$558,196,918
Gibson Electric MembershipTrenton, TN$121,430,242
New Hampshire Electric Cooperative (NHEC)Plymouth, NH$186,063,964
Rappahannock Electric CooperativeFredericksburg, VA$493,777,612
Brunswick Electric Membership CorporationShallotte, NC$218,662,307
South Central Power CompanyLancaster, OH$369,451,843
Data update history
December 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 29, 2023
Updated personnel
Identified 2 new personnel
December 24, 2023
Used new vendors
Identified 1 new vendor, including
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 9, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
Receives government funding
General information
Address
1000 S JP Wright Rd
Jacksonville, AR 72076
Metro area
Little Rock-North Little Rock-Conway, AR
County
Pulaski County, AR
Website URL
firstelectric.coop/ 
Phone
(501) 982-4545
IRS details
EIN
71-0056715
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Central organization
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