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EIN 75-0665517

Wise Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
75
City
Decatur
State
Texas
Year formed
1938
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
To provide excellent and innovative customer services as reflected in top quality electric service reliability, affordable rates, employee teamwork and the highest degree of integrity in all cooperative endeavors.
Total revenues
$104,424,415
2023
Total expenses
$103,675,003
2023
Total assets
$189,572,009
2023
Num. employees
75
2023

Program areas at Wise Electric Cooperative

Providing Electric energy to our members on a Cooperative basis through the allocation of patronage capital. There were 26,491 active services at year end.

Grants made by Wise Electric Cooperative

GranteeGrant descriptionAmount
United Way of Wise CountyUnited Way Annual Meeting Sponsorship and Golf Tournament Lunch Sponsorship$6,750

Financials for Wise Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$103,549,811
Investment income and dividends$106,438
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$64,685
Net gain from sale of non-inventory assets$11,711
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$691,770
Total revenues$104,424,415

Organizations like Wise Electric Cooperative

OrganizationLocationRevenue
Access Energy CooperativeMT Pleasant, IA$39,618,237
Maquoketa Valley Rural Electric CooperativeAnamosa, IA$44,002,907
Verdigris Valley Electric CooperativeCollinsville, OK$86,227,186
Appalachian Electric CooperativeNew Market, TN$126,269,477
Jackson Electric CooperativeEdna, TX$85,179,366
Lamar Electric CooperativeBlossom, TX$36,424,011
Farmers Rural Electric Cooperative CorporationGlasgow, KY$61,713,920
Southeastern Electric CooperativeLennox, SD$81,602,377
Coastal Electric CooperativeWalterboro, SC$28,592,457
Carroll White REMCMonticello, IN$51,037,731
Data update history
February 22, 2025
Posted financials
Added Form 990 for fiscal year 2023
February 14, 2025
Updated personnel
Identified 2 new personnel
January 15, 2025
Used new vendors
Identified 1 new vendor, including
April 29, 2024
Used new vendors
Identified 1 new vendor, including
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
No characteristics found
General information
Address
PO Box 269
Decatur, TX 76234
Metro area
Dallas-Fort Worth-Arlington, TX
County
Wise County, TX
Website URL
wiseec.com/ 
Phone
(940) 627-2167
IRS details
EIN
75-0665517
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1938
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
Independent
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