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Oklahoma Electric Cooperative

  • Norman, OK
  • Tax-exempt since April 1941
  • EIN: 73-0382745

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$0 (2019)

Expenses
$0 (2019)

Total Assets
$0 (2019)

Total Liabilities
$0 (2019)

Source: Form 990 tax filings from 2011 to 2019

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2021

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$0
Expenses
$0
Net Income
$0
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Patrick Grace (Ceo) $0 $0 $0

Document Links

990
Filed on Nov. 16, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML
View Filing (2 of 2)

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$135,073,897
Expenses
$135,188,620
Net Income
-$114,723
Net Assets
$110,977,973
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $134,544,799
99.6%
Investment Income $326,367
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $120,000
0.1%
Net Fundraising $0
Sales of Assets $81,961
0.1%
Net Inventory Sales $0
Other Revenue $770
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,047,750
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $12,720,241
9.4%
Assets/Debt
Total Assets $321,581,032
Total Liabilities $210,603,059
Net Assets $110,977,973
Club or Co-Op Income
Income From Members $134,525,465
Income From Other Sources $428,432
Compensation
Key Employees and Officers Compensation Related Other
Patrick C Grace (Chief Executive Officer) $289,321 $0 $181,119
Michael P O'brien (Chief Financial Officer) $188,829 $0 $58,590
Marty R Hayes (Vice President Operations) $169,441 $0 $85,590
Jonna C Buck (Vice President Administration) $169,042 $0 $173,512
Tracy L Mowdy (Vice President Human Relations) $162,732 $0 $74,584
David Goodspeed (Manager Of Fiber) $159,741 $0 $18,069
Thaddaeus Peterson (Vice President Engineering) $159,407 $0 $130,626
Russell W Grissom (Secretary Treasurer) $48,359 $4,500 $0
Ronald D Tharp (Assistant Secretary Treasurer) $45,338 $4,500 $0
John W Jensen (Trustee) $42,699 $0 $0
Herman R Usry (Trustee) $42,452 $0 $0
Percy K Moreu (President) $36,827 $0 $0
Ronnie D Grover (Trustee) $31,044 $0 $0
Shirley A Idleman (Trustee) $30,536 $0 $0
Danny L Watters (Trustee) $21,466 $4,500 $0
Michael R Argo (Vice President) $20,372 $0 $0
James Martin (Former Trustee) $10,798 $0 $0
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Document Links

990
Filed on Nov. 8, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$128,030,173
Expenses
$121,239,456
Net Income
$6,790,717
Net Assets
$105,940,754
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $127,629,533
99.7%
Investment Income $281,991
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $116,680
0.1%
Net Inventory Sales $0
Other Revenue $1,969
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,328,522
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $11,722,488
9.7%
Assets/Debt
Total Assets $299,949,786
Total Liabilities $194,009,032
Net Assets $105,940,754
Club or Co-Op Income
Income From Members $127,187,634
Income From Other Sources $842,539
Compensation
Key Employees and Officers Compensation Related Other
Patrick C Grace (Chief Executive Officer) $257,189 $0 $152,924
Randal K Simmons (Vice President Operations) $208,073 $0 $102,970
Michael P O'brien (Chief Financial Officer) $179,675 $0 $53,158
Jonna C Buck (Vice President Administration) $162,978 $0 $152,818
Tracy L Mowdy (Vice President Hr & Legal Serv) $155,254 $0 $63,761
James Long (Manager Of Loss Control) $152,293 $0 $76,161
Thaddaeus Peterson (Vice President Engineering) $149,564 $0 $114,709
John Spencer (Vice President Metering) $147,771 $0 $91,137
John W Jensen (President) $59,815 $0 $0
Ronald D Tharp (Trustee) $48,075 $0 $0
Russell W Grissom (Assistant Secretary Treasurer) $47,094 $0 $0
Percy K Moreu (Trustee) $39,422 $0 $0
Shirley A Idleman (Trustee) $37,213 $0 $0
Herman R Usry (Trustee) $37,162 $0 $0
Ronnie D Grover (Vice President) $34,830 $0 $0
Michael R Argo (Secretary Treasurer) $24,122 $0 $0
Danny L Watters (Trustee) $20,517 $0 $0
James Martin (Former Trustee) $10,765 $0 $0
Verle Barnes (Former Trustee) $10,765 $0 $0
+ View more people

Document Links

990
Filed on May 8, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$126,858,098
Expenses
$120,378,994
Net Income
$6,479,104
Net Assets
$100,968,565
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $126,596,113
99.8%
Investment Income $244,902
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $15,936
0.0%
Net Inventory Sales $0
Other Revenue $1,147
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,434,639
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $12,331,430
10.2%
Assets/Debt
Total Assets $290,062,651
Total Liabilities $189,094,086
Net Assets $100,968,565
Club or Co-Op Income
Income From Members $122,535,383
Income From Other Sources $4,322,715
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Patrick C Grace (Ceo) $253,140 $0 $99,255
Max A Meek (Special Consultant To The Ceo) $237,463 $0 $32,128
Randal K Simmons (Vice President Of Operations) $200,740 $0 $94,907
Jonna C Buck (Vp Of Administration) $160,983 $0 $132,423
Michael P O'brien (Cfo) $151,067 $0 $42,687
Jeff D Daniels (District Lineman) $149,867 $0 $46,852
John Spencer (Vice President Of Metering) $143,164 $0 $84,779
Marty R Hayes (Manager Of Maintenance) $142,246 $0 $46,540
Tracy L Mowdy (Vp Of Hr & Legal Services) $139,859 $0 $51,772
John W Jensen (President) $64,405 $0 $0
Ronald D Tharp (Member) $45,905 $0 $0
Russell W Grissom (Member) $45,084 $0 $0
Herman R Usry (Member) $41,295 $0 $0
Percy K Moreu (Vice President) $30,525 $0 $0
Ronnie D Grover (Secretary/Treasurer) $28,895 $0 $0
Michael R Argo (Assistant Secretary/Treasurer) $20,809 $0 $0
Verle A Barnes (Member) $17,569 $0 $0
Shirley A Idleman (Member) $13,231 $0 $0
Frank K Wilson (Member) $10,397 $0 $0
Danny L Watters (Member) $7,378 $0 $0
+ View more people

Document Links

990
Filed on May 5, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$130,350,419
Expenses
$119,605,997
Net Income
$10,744,422
Net Assets
$99,030,183
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $130,045,203
99.8%
Investment Income $233,867
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $61,415
0.0%
Net Inventory Sales $0
Other Revenue $9,934
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,193,057
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $283,811,296
Total Liabilities $184,781,113
Net Assets $99,030,183
Club or Co-Op Income
Income From Members $130,045,203
Income From Other Sources $243,801
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Max A Meek (Ceo) $267,865 $0 $105,472
Michael E Buck (Operations Advisor To Vp Oper.) $218,469 $0 $77,795
Randal K Simmons (Vp Operations) $199,780 $0 $89,736
Patrick C Grace (Vp Engineering/Assistant Mgr) $185,877 $0 $93,271
Jonna C Buck (Vp Of Administration) $154,292 $0 $92,480
John Spencer (Vp Of Metering) $146,726 $0 $81,544
Phillip K Miller (District Lineman) $137,122 $0 $54,499
James W Long (Manager Of Loss Control) $133,746 $0 $67,411
John W Jensen (Vice President) $56,277 $0 $0
Russell W Grissom (Member) $43,651 $0 $0
Herman R Usry (President) $38,698 $0 $0
Percy K Moreu (Secretary/Treasurer) $30,677 $0 $0
Ronnie D Grover (Assistant Secretary/Treasurer) $29,806 $0 $0
Verle A Barnes (Member) $23,645 $0 $0
James F Martin (Member) $20,690 $0 $0
Michael R Argo (Member) $19,601 $0 $0
Ronald D Tharp (Member) $17,369 $0 $0
Frank K Wilson (Member) $13,386 $0 $0
+ View more people

Document Links

990
Filed on May 10, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$142,226,287
Expenses
$129,471,970
Net Income
$12,754,317
Net Assets
$92,651,596
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $135,097,035
95.0%
Investment Income $248,529
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,880,723
4.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $818,144
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $279,532,231
Total Liabilities $186,880,635
Net Assets $92,651,596
Club or Co-Op Income
Income From Members $141,964,097
Income From Other Sources $262,190
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Max A Meek (Ceo/General Manager) $252,388 $0 $99,373
Patrick C Grace (Vp Engineering) $181,271 $0 $68,770
Randal K Simmons (Vp Operations) $179,647 $0 $79,727
Jonna Buck (Vp Administration) $146,638 $0 $69,703
Michael E Buck (Manager Of Maintenance) $135,519 $0 $68,683
John Spencer (Vp Metering) $131,183 $0 $72,675
James Long (Manager Of Loss Control) $129,416 $0 $112,178
Jeffrey S Stuart (Manager Of Construction) $127,263 $0 $115,156
John W Jensen (Assist. Secretary Treasurer) $55,952 $0 $0
Russell W Grissom (Director) $41,580 $0 $0
Herman R Usry (President) $38,903 $0 $0
Ronnie D Grover (Director) $31,406 $0 $0
Percy K Moreu (Director) $30,439 $0 $0
Verle A Barnes (Vice President) $23,031 $0 $0
James F Martin (Secretary Treasurer) $21,732 $0 $0
Michael R Argo (Director) $19,366 $0 $0
Frank K Wilson (Director) $15,246 $0 $0
+ View more people

Document Links

990
Filed on May 13, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$129,145,204
Expenses
$118,011,508
Net Income
$11,133,696
Net Assets
$83,413,631
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $124,356,240
96.3%
Investment Income $306,564
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,482,400
3.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $613,476
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $260,606,851
Total Liabilities $177,193,220
Net Assets $83,413,631
Club or Co-Op Income
Income From Members $124,356,240
Income From Other Sources $518,710
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Max A Meek (Ceo/General Manager) $235,022 $0 $99,682
Charles W Barton (Chief Financial Officer) $187,698 $0 $91,074
Patrick C Grace (Vp Engineering) $169,142 $0 $76,935
Randal K Simmons (Vp Operations) $167,807 $0 $40,095
Jacke D Ferrell (Manager Of Member Services) $130,805 $0 $64,831
James Long (Manager Of Loss Control) $129,847 $0 $117,822
Jonna Buck (Vp Administration) $129,685 $0 $60,191
John W Jensen (Director) $52,794 $0 $0
Herman R Usry (Director) $46,876 $0 $0
Russell W Grissom (President) $45,019 $0 $0
Ronnie D Grover (Director) $41,752 $0 $0
Percy K Moreu (Director) $33,540 $0 $0
James F Martin (Assistant Secretarty Treasurer) $28,268 $0 $0
Verle A Barnes (Secretary Treasurer) $25,374 $0 $0
Michael R Argo (Director) $19,599 $0 $0
Frank K Wilson (Vice President) $19,564 $0 $0
Roy Dunning (Former Trustee) $10,872 $0 $0
Floyd Brittian (Former Trustee) $10,812 $0 $0
+ View more people

Document Links

990
Filed on May 14, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$117,478,778
Expenses
$110,422,700
Net Income
$7,056,078
Net Assets
$76,051,265
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $114,302,780
97.3%
Investment Income $306,523
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,869,475
2.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $627,673
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $240,879,507
Total Liabilities $164,828,242
Net Assets $76,051,265
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$116,008,915
Expenses
$111,166,474
Net Income
$4,842,441
Net Assets
$71,816,425
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $113,244,974
97.6%
Investment Income $307,290
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,456,651
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $639,918
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $229,483,730
Total Liabilities $157,667,305
Net Assets $71,816,425
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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