Franklin Rural Electric Cooperative

Unknown organization based in Hampton, IA. 18 employees. Exempt under §501(c)(12).

MissionTO PROVIDE RELIABLE AND AFFORDABLE ELECTRICITY TO OUR MEMBERS

EIN
42-0260720
State
IA
Sector
Unknown
Budget band
$5M–$10M
Latest filing
TY 2024
Records
4 officers · 6 years

Financial snapshot · TY 2024

$9.1M
Total revenue
$9.1M
Total expenses
$23.1M
Net assets

Financial health · TY 2024

34
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
72
13 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
25
Mix of program fees, grants & contributions

Leadership compensation

Garrett Thompson
GENERAL MANAGER
$171,595
Chad Foster
MEMBER SERVICE
$135,985
Tom Demro
CREW CHIEF
$128,146
Cole Marzen
CREW CHIEF
$124,971

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Franklin Rural Electric Cooperative Executive Compensation | 990 Data | DoubleNine