#429 of 500 · Member & Benefit Funds

United Electric Cooperative Services Inc

EIN 75-2871400 · TX · NTEE Y22 · Form 990, fiscal 2023

A nonprofit, member-owned electric distribution cooperative headquartered in Cleburne, Texas. Formed in 2000 through the consolidation of Johnson County and Erath County electric cooperatives, it serves roughly 89,000 meters and more than 61,000 members across a multi-county area of North Central Texas, maintaining thousands of miles of distribution line and providing electricity at cost to its consumer-members.

Financials, fiscal 2023

Revenue

$362.1M

Expenses

$366.1M

Total assets

$1.33B

Net assets

$303.9M

Operating margin

-1.1%

1-year growth

-1.0%

5-year growth (CAGR)

14.5%

Reserve (years of spending)

10.0

Contributions share

n/a

Programme spending

99.1%

Fundraising cost

n/a

Executive pay share

1.17%

Employees

245

Revenue per employee

$1.5M

Grants paid

$88K

Years filing

20

NFP Health Score: 75 / 100

Financial 55 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history