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HILCO ELECTRIC COOPERATIVE INC

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Public IRS 990 nonprofit record

HILCO ELECTRIC COOPERATIVE INC

EIN 74-0683625 · Mutual & Membership Benefit (Y)

What they do

THE AIM of THE COOPERATIVE is to PROVIDE ELECTRIC ENERGY and OTHER GOODS and SERVICES AVAILABLE to ITS MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY and GOOD MANAGEMENT.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$99.76spent for every $100 of revenueRevenue covered expenses this year.
$2.23in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $378,865 for THOMAS CHEEK (GM/CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$99,533,004
Expenses$99,291,920
Annual surplus $241,084 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$99,533,004
Expenses$99,291,920
Assets$221,569,206
Income$99,956,809
Grants given$57,500
Average grant$9,583
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
THOMAS CHEEKGM/CHIEF EXECUTIVE OFFICER · 55 hrs/week $378,865Base $226,153 · Other $152,712
PAULA FARQUHARCHIEF FINANCIAL OFFICER · 40 hrs/week $336,250Base $231,005 · Other $105,245
TRAVIS SANDERSOPERATIONS MANAGER · 40 hrs/week $287,854Base $164,149 · Other $123,705
LEA SANDERSCHIEF HR OFFICER · 45 hrs/week $266,698Base $217,640 · Other $49,058
DANIEL TAYLORCHIEF OPERATIONS OFFICER · 40 hrs/week $265,887Base $208,766 · Other $57,121
MATTHEW FEHNELDIRECTOR OF IS/IT · 40 hrs/week $220,797Base $150,786 · Other $70,011
CHARLES HENKELMANCONSTRUCTION FOREMAN · 40 hrs/week $214,356Base $157,057 · Other $57,299
CLAYTON THOMPSONLEAD CONSTRUCTION LINEMAN · 46 hrs/week $193,441Base $139,771 · Other $53,670
MICHAEL ZAMZOWFIRST CLASS LINEMAN · 51 hrs/week $183,589Base $141,541 · Other $42,048
RICHARD WHITEDIRECTOR · 4 hrs/week $36,903
RONALD ROBERTSPRESIDENT · 4 hrs/week $35,348
WILLIAM ALLENDIRECTOR · 7 hrs/week $35,191

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (16)

THOMAS CHEEKGM/CHIEF EXECUTIVE OFFICER

PAULA FARQUHARCHIEF FINANCIAL OFFICER

TRAVIS SANDERSOPERATIONS MANAGER

LEA SANDERSCHIEF HR OFFICER

DANIEL TAYLORCHIEF OPERATIONS OFFICER

MATTHEW FEHNELDIRECTOR OF IS/IT

CHARLES HENKELMANCONSTRUCTION FOREMAN

CLAYTON THOMPSONLEAD CONSTRUCTION LINEMAN

MICHAEL ZAMZOWFIRST CLASS LINEMAN

RICHARD WHITEDIRECTOR

RONALD ROBERTSPRESIDENT

WILLIAM ALLENDIRECTOR

JANET SMITHSECRETARY/TREASURER

JOSEPH TEDESCODIRECTOR

EDWARD HARRISONDIRECTOR

MARGARET HILLVICE PRESIDENT

About this charity

Recognized since
January 1937
Location
115 E MAIN STREET, ITASCA, TX 76055
County
Hill
In care of
THOMAS CHEEK
Primary officer
THOMAS CHEEK, GENERAL MANAGER/CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
BOLINGER SEGARS GILBERT AND MOSS LLP
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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