Civic Intelligence

Franklin Electric Cooperative

EIN 63-0253927 • 501(c)12 • Russellville, AL

Profile

Rural electricity distribution

PO Box 10Russellville, AL 35653-0010

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.43x

Higher debt load relative to assets than 33% of similar nonprofits.

501(c)12 • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

89th percentile

2.34x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)12 • $50M-$100M nonprofits • Source year 2025

Net Margin

95th percentile

27%

Higher net margin than 95% of similar nonprofits.

501(c)12 • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

61st percentile

5.0%

Faster asset growth than 61% of similar nonprofits.

501(c)12 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Revenue Growth

53rd percentile

3.5%

Faster revenue growth than 53% of similar nonprofits.

501(c)12 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Assets

Up

$58,710,186

Up $2,790,787 (+5.0%) from 2024

Liabilities

Down

$25,465,709

Down $937,866 (-3.6%) from 2024

Net Assets

Up

$33,244,477

Up $3,728,653 (+13%) from 2024

Revenue

Up

$10,872,042

Up $371,464 (+3.5%) from 2024

Expenses

Down

$7,958,618

Down $804,389 (-9.2%) from 2024

Net Income

Up

$2,913,424

Up $1,175,853 (+68%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2011: $48,057,594Liabilities 2011: $31,317,367Net Assets 2011: $16,740,2272011Assets 2012: $47,132,516Liabilities 2012: $29,557,099Net Assets 2012: $17,575,4172012Assets 2013: $48,120,899Liabilities 2013: $29,237,367Net Assets 2013: $18,883,5322013Assets 2014: $49,461,390Liabilities 2014: $28,795,639Net Assets 2014: $20,665,7512014Assets 2015: $50,258,140Liabilities 2015: $29,457,207Net Assets 2015: $20,800,9332015Assets 2016: $51,021,199Liabilities 2016: $30,690,076Net Assets 2016: $20,331,1232016Assets 2017: $50,164,298Liabilities 2017: $28,993,531Net Assets 2017: $21,170,7672017Assets 2018: $53,100,018Liabilities 2018: $30,357,822Net Assets 2018: $22,742,1962018Assets 2019: $51,743,985Liabilities 2019: $29,718,354Net Assets 2019: $22,025,6312019Assets 2020: $51,700,610Liabilities 2020: $28,869,703Net Assets 2020: $22,830,9072020Assets 2021: $52,441,660Liabilities 2021: $28,028,901Net Assets 2021: $24,412,7592021Assets 2022: $55,032,541Liabilities 2022: $28,941,472Net Assets 2022: $26,091,0692022Assets 2023: $54,446,867Liabilities 2023: $27,055,697Net Assets 2023: $27,391,1702023Assets 2024: $55,919,399Liabilities 2024: $26,403,575Net Assets 2024: $29,515,8242024Assets 2025: $58,710,186Liabilities 2025: $25,465,709Net Assets 2025: $33,244,4772025

Highlighted filing

2025

Assets$58,710,186
Liabilities$25,465,709
Net Assets$33,244,477

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0Expenses 2011: $6,944,5022011Revenue 2012: $7,697,169Expenses 2012: $6,861,518Net Income 2012: $835,6512012Revenue 2013: $7,891,715Expenses 2013: $6,583,375Net Income 2013: $1,308,3402013Revenue 2014: $8,305,232Expenses 2014: $6,522,848Net Income 2014: $1,782,3842014Revenue 2015: $7,622,080Expenses 2015: $6,868,231Net Income 2015: $753,8492015Revenue 2016: $7,616,944Expenses 2016: $7,094,536Net Income 2016: $522,4082016Revenue 2017: $8,117,979Expenses 2017: $7,456,651Net Income 2017: $661,3282017Revenue 2018: $8,115,906Expenses 2018: $7,169,777Net Income 2018: $946,1292018Revenue 2019: $7,987,201Expenses 2019: $7,776,030Net Income 2019: $211,1712019Revenue 2020: $8,369,236Expenses 2020: $7,567,989Net Income 2020: $801,2472020Revenue 2021: $9,163,216Expenses 2021: $7,839,225Net Income 2021: $1,323,9912021Revenue 2022: $9,493,610Expenses 2022: $8,704,785Net Income 2022: $788,8252022Revenue 2023: $9,985,158Expenses 2023: $9,426,652Net Income 2023: $558,5062023Revenue 2024: $10,500,578Expenses 2024: $8,763,007Net Income 2024: $1,737,5712024Revenue 2025: $10,872,042Expenses 2025: $7,958,618Net Income 2025: $2,913,4242025

Highlighted filing

2025

Revenue$10,872,042
Expenses$7,958,618
Net Income$2,913,424

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$58.7$25.5$33.2$10.9$7.96$2.91
2024Detailed filing. Detailed filing data is available for this year.$55.9$26.4$29.5$10.5$8.76$1.74
2023Detailed filing. Detailed filing data is available for this year.$54.4$27.1$27.4$9.99$9.43$0.56
2022Detailed filing. Detailed filing data is available for this year.$55.0$28.9$26.1$9.49$8.70$0.79
2021Detailed filing. Detailed filing data is available for this year.$52.4$28.0$24.4$9.16$7.84$1.32
2020Detailed filing. Detailed filing data is available for this year.$51.7$28.9$22.8$8.37$7.57$0.80
2019Detailed filing. Detailed filing data is available for this year.$51.7$29.7$22.0$7.99$7.78$0.21
2018Detailed filing. Detailed filing data is available for this year.$53.1$30.4$22.7$8.12$7.17$0.95
2017Detailed filing. Detailed filing data is available for this year.$50.2$29.0$21.2$8.12$7.46$0.66
2016Detailed filing. Detailed filing data is available for this year.$51.0$30.7$20.3$7.62$7.09$0.52
2015Detailed filing. Detailed filing data is available for this year.$50.3$29.5$20.8$7.62$6.87$0.75
2014Detailed filing. Detailed filing data is available for this year.$49.5$28.8$20.7$8.31$6.52$1.78
2013Summary only. Only limited summary data is available for this year.$48.1$29.2$18.9$7.89$6.58$1.31
2012Summary only. Only limited summary data is available for this year.$47.1$29.6$17.6$7.70$6.86$0.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.1$31.3$16.7$6.94
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 14, 2025
Return Version
2024v5.0
Gross Receipts
$10,872,042
Mission and Program Overview

Mission

Rural electricity distribution

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$44,806,416$45,401,579▲ $595,163
Rtn Earn Endowment Incm Other Fnds$29,482,444$33,211,142▲ $3,728,698
Savings and Temporary Cash Investments$3,736,332$5,671,160▲ $1,934,828
Accounts Receivable$2,506,424$2,634,538▲ $128,114
Cash and Non-Interest-Bearing Accounts$2,018,177$2,067,835▲ $49,658
Investments Other Securities$1,630,085$1,717,720▲ $87,635
Prepaid Expenses and Deferred Charges$889,683$888,388▼ $1,295
Inventories for Sale or Use$332,282$328,966▼ $3,316
Cap Stk Tr Prin Current Funds$33,380$33,335▼ $45
Total Assets$55,919,399$58,710,186▲ $2,790,787
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,896,462$13,942,101▼ $954,361
Accounts Payable and Accrued Expenses$6,861,055$7,451,681▲ $590,626
Other Liabilities$4,328,397$3,907,858▼ $420,539
Deferred Revenue$317,661$164,069▼ $153,592
Total Liabilities$26,403,575$25,465,709▼ $937,866
Net Assets / Fund Balance
Total Net Assets Fund Balance$29,515,824$33,244,477▲ $3,728,653
Total Liabilities and Net Assets / Fund Balance$55,919,399$58,710,186▲ $2,790,787

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$45,401,579$24,154,982$69,556,561
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mark StocktonGeneral ManaFT$190,486$190,486
Mark StocktonGeneral Manager-$190,486$190,486
Bobby HooperSecretary-tr-$9,920$9,920
John ShewbertPresident-$9,920$9,920
James MckinneyTrustee-$9,800$9,800
Jimmy MontgomeryTrustee-$9,800$9,800
Roger BoydTrustee-$9,800$9,800
Stanley HollandTrustee-$9,800$9,800
Steve McguireVice Preside-$9,800$9,800
Debbie King TaylorTrustee-$9,100$9,100
Donna HesterTrustee-$9,100$9,100
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,681,437
Investment Income
$190,605
Other Revenue
$0
Change in Net Assets
$2,913,424

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,872,042
Total Revenue per Audited Statements
$10,872,042
Total Revenue per Form 990
$10,872,042
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,667,404
Salaries, Compensation, and Employee Benefits$291,214
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$2,510,645
Interest---$685,014
Other Salaries and Wages---$291,214
Other Expenses---$188,696
Total Functional Expenses$0$0$0$7,958,618

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,958,618
Total Expenses per Audited Statements$7,958,618
Total Expenses per Form 990$7,958,618
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Post Retirement Benefits$3,896,761
Conservation - Tva$11,097
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Everyone who receives service from the cooperative is a member of the cooperative.

Form 990, Page 6, Part VI, Line 7A

The governing body is elected by the members of the cooperative.

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by the general manager and accountant.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Franklin Electric Cooperative
EIN
63-0253927
Phone
2563322730
Address
PO BOX 10, RUSSELLVILLE, AL 35653-0010

Signing Officer

Name
Mark Stockton
Title
General Manager
Phone
2563322730
Signed
2025-10-14

Organization Details

Principal Officer
Mark Stockton
Formed
1945
Legal Domicile
Al
Voting Board Members
9
Independent Board Members
9
Employees
27

Preparer

Firm
Wear Howell Strickland Quinn &lawllc
Address
1323 STRATFORD RD SE, DECATUR, AL 35601-6017
Preparer
Steven R Strickland
Phone
2563538902
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Electric utility cooperative

Form 990, Part XI, Line 9

Changes in accumulated other comprehensive income 815,274 changes in investment of members -45 total 815,229

Raw XML Appendix349 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06861055
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07451681
IRS990/AccountsReceivableGrp/BOYAmt02506424
IRS990/AccountsReceivableGrp/EOYAmt02634538
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0RURAL ELECTRICITY DISTRIBUTION
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0MARK STOCKTON
IRS990/BooksInCareOfDetail/PhoneNum02563322730
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 10
IRS990/BooksInCareOfDetail/USAddress/CityNm0RUSSELLVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd035653
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt033380
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt033335
IRS990/CashNonInterestBearingGrp/BOYAmt02018177
IRS990/CashNonInterestBearingGrp/EOYAmt02067835
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0190605
IRS990/CYOtherExpensesAmt07667404
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt010681437
IRS990/CYRevenuesLessExpensesAmt02913424
IRS990/CYSalariesCompEmpBnftPaidAmt0291214
IRS990/CYTotalExpensesAmt07958618
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010872042
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0317661
IRS990/DeferredRevenueGrp/EOYAmt0164069
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt02510645
IRS990/Desc0ELECTRIC UTILITY COOPERATIVE
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt027
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt07958618
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0MARK STOCKTON
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN SHEWBERT
IRS990/Form990PartVIISectionAGrp/PersonNm2STEVE MCGUIRE
IRS990/Form990PartVIISectionAGrp/PersonNm3BOBBY HOOPER
IRS990/Form990PartVIISectionAGrp/PersonNm4STANLEY HOLLAND
IRS990/Form990PartVIISectionAGrp/PersonNm5JAMES MCKINNEY
IRS990/Form990PartVIISectionAGrp/PersonNm6DEBBIE KING TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm7DONNA HESTER
IRS990/Form990PartVIISectionAGrp/PersonNm8JIMMY MONTGOMERY
IRS990/Form990PartVIISectionAGrp/PersonNm9ROGER BOYD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0190486
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19920
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt29800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt39920
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt49800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt59800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt69100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt79100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt89800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt99800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0GENERAL MANA
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY-TR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01945
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt010872042
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/TotalAmt0685014
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0332282
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0328966
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0190605
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0190605
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01630085
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01717720
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt024154982
IRS990/LandBldgEquipBasisNetGrp/BOYAmt044806416
IRS990/LandBldgEquipBasisNetGrp/EOYAmt045401579
IRS990/LandBldgEquipCostOrOtherBssAmt069556561
IRS990/LegalDomicileStateCd0AL
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt010681437
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0RURAL ELECTRICITY DISTRIBUTION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt014896462
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt013942101
IRS990/NetAssetsOrFundBalancesBOYAmt029515824
IRS990/NetAssetsOrFundBalancesEOYAmt033244477
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0815229
IRS990/OtherExpensesGrp/Desc0DISTRIBUTION EXPENSE
IRS990/OtherExpensesGrp/Desc1CUSTOMER SERVICE
IRS990/OtherExpensesGrp/Desc2GENERAL EXPENSE
IRS990/OtherExpensesGrp/Desc3MAINTENANCE EXPENSE
IRS990/OtherExpensesGrp/TotalAmt02463315
IRS990/OtherExpensesGrp/TotalAmt11084991
IRS990/OtherExpensesGrp/TotalAmt2734743
IRS990/OtherExpensesGrp/TotalAmt3188696
IRS990/OtherLiabilitiesGrp/BOYAmt04328397
IRS990/OtherLiabilitiesGrp/EOYAmt03907858
IRS990/OtherOrganizationDsc0COOPERATIVE
IRS990/OtherSalariesAndWagesGrp/TotalAmt0291214
IRS990/OtherSourcesGrossIncomeAmt0190605
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0889683
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0888388
IRS990/PrincipalOfficerNm0MARK STOCKTON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0NET OF POWER PURCHASED
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010681437
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010681437
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ELECTRIC UTILITY COOPERATIVE
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0153594
IRS990/PYOtherExpensesAmt08518466
IRS990/PYProgramServiceRevenueAmt010346984
IRS990/PYRevenuesLessExpensesAmt01737571
IRS990/PYSalariesCompEmpBnftPaidAmt0244541
IRS990/PYTotalExpensesAmt08763007
IRS990/PYTotalRevenueAmt010500578
IRS990/ReconcilationRevenueExpnssAmt02913424
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt010681437
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt029482444
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt033211142
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03736332
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05671160
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt045401579
IRS990ScheduleD/BuildingsGrp/DepreciationAmt024154982
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt069556561
IRS990ScheduleD/ExpensesSubtotalAmt07958618
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03896761
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111097
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED POST RETIREMENT BENEFITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CONSERVATION - TVA
IRS990ScheduleD/RevenueSubtotalAmt010872042
IRS990ScheduleD/TotalBookValueLandBuildingsAmt045401579
IRS990ScheduleD/TotalExpensesPerForm990Amt07958618
IRS990ScheduleD/TotalLiabilityAmt03907858
IRS990ScheduleD/TotalRevenuePerForm990Amt010872042
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010872042
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07958618
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0190486
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARK STOCKTON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0GENERAL MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0190486
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ELECTRIC UTILITY COOPERATIVE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EVERYONE WHO RECEIVES SERVICE FROM THE COOPERATIVE IS A MEMBER OF THE COOPERATIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BODY IS ELECTED BY THE MEMBERS OF THE COOPERATIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED BY THE GENERAL MANAGER AND ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME 815,274 CHANGES IN INVESTMENT OF MEMBERS -45 TOTAL 815,229
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt055919399
IRS990/TotalAssetsEOYAmt058710186
IRS990/TotalAssetsGrp/BOYAmt055919399
IRS990/TotalAssetsGrp/EOYAmt058710186
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt07958618
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt026403575
IRS990/TotalLiabilitiesEOYAmt025465709
IRS990/TotalLiabilitiesGrp/BOYAmt026403575
IRS990/TotalLiabilitiesGrp/EOYAmt025465709
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt029515824
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt033244477
IRS990/TotalProgramServiceExpensesAmt07958618
IRS990/TotalProgramServiceRevenueAmt010681437
IRS990/TotalReportableCompFromOrgAmt0277526
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010872042
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt010872042
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt055919399
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt058710186
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 10
IRS990/USAddress/CityNm0RUSSELLVILLE
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd035653
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK STOCKTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum02563322730
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANKLIN ELECTRIC COOPERATIVE
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0630253927
ReturnHeader/Filer/PhoneNum02563322730
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 10
ReturnHeader/Filer/USAddress/CityNm0RUSSELLVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd0356530010
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0630510739
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEAR HOWELL STRICKLAND QUINN &LAWLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01323 STRATFORD RD SE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DECATUR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0356016017
ReturnHeader/PreparerPersonGrp/PhoneNum02563538902
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN R STRICKLAND
ReturnHeader/ReturnTs02025-11-04T13:42:51-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.