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Swisher Electric Cooperative Inc

  • Tulia, TX
  • Tax-exempt since Oct. 1942
  • EIN: 75-0594971

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
$25.4M (2022)

Expenses
$25.2M (2022)

Total Assets
$71.3M (2022)

Total Liabilities
$31.2M (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings 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.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,409,868
Expenses
$25,195,462
Net Income
$214,406
Net Assets
$40,098,284
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $25,204,535
99.2%
Investment Income $179,773
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,780
0.0%
Net Fundraising $0
Sales of Assets $11,618
0.0%
Net Inventory Sales -$603
Other Revenue $10,765
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $606,350
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,796,789
7.1%
Assets/Debt
Total Assets $71,325,380
Total Liabilities $31,227,096
Net Assets $40,098,284
Club or Co-Op Income
Income From Members $25,157,316
Income From Other Sources $956,857
Compensation
Key Employees and Officers Compensation Related Other
Dwain Tipton (General Manager) $162,353 $0 $151,570
Mary Ellen Mcmanus (Director Of Engineering & Operations) $112,007 $0 $45,209
Jasmine Dickson (Director Of Finance) $102,166 $0 $43,735
Jeff Harrell (Director) $26,325 $0 $0
Dwain Strange (President) $26,317 $0 $0
Ralph Frost (Director) $26,308 $0 $0
Mace Middleton (Vice President) $26,296 $0 $0
Billy Cogdell (Assistant Secretary/Treasurer) $13,765 $0 $0
Brad Sharp (Director) $13,762 $0 $0
Jimmy Burson (Secretary/Treasurer) $13,753 $0 $0
+ View more people

Document Links

990
Filed on Nov. 16, 2023

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$23,059,880
Expenses
$22,880,429
Net Income
$179,451
Net Assets
$40,614,412
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $22,894,107
99.3%
Investment Income $94,056
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,564
0.0%
Net Fundraising $0
Sales of Assets $62,260
0.3%
Net Inventory Sales -$4,872
Other Revenue $10,765
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $529,334
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,771,875
7.7%
Assets/Debt
Total Assets $72,434,253
Total Liabilities $31,819,841
Net Assets $40,614,412
Club or Co-Op Income
Income From Members $22,917,148
Income From Other Sources $579,831
Compensation
Key Employees and Officers Compensation Related Other
Dwain Tipton (General Manager) $156,935 $0 $112,397
Mary Ellen Mcmanus (Director Of Engineering & Operations) $106,532 $0 $57,837
Jasmine Dickson (Director Of Fin. & Office Services) $98,884 $0 $19,466
Mace Middleton (Vice President) $25,427 $0 $0
Dwain Strange (President) $25,422 $0 $0
Ralph Frost (Director) $25,422 $0 $0
Jeff Harrell (Director) $25,416 $0 $0
Jimmy Burson (Secretary/Treasurer) $13,334 $0 $0
Brad Sharp (Director) $13,317 $0 $0
Billy Cogdell (Assistant Secretary/Treasurer) $13,314 $0 $0
+ View more people

Document Links

990
Filed on Nov. 4, 2022

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,049,621
Expenses
$22,192,234
Net Income
-$142,613
Net Assets
$39,860,705
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $21,929,950
99.5%
Investment Income $87,766
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,916
0.0%
Net Fundraising $0
Sales of Assets $14,008
0.1%
Net Inventory Sales $4,216
0.0%
Other Revenue $10,765
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $343,150
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,977,210
8.9%
Assets/Debt
Total Assets $69,481,548
Total Liabilities $29,620,843
Net Assets $39,860,705
Club or Co-Op Income
Income From Members $20,760,039
Income From Other Sources $1,374,134
Compensation
Key Employees and Officers Compensation Related Other
Dwain Tipton (General Manager) $123,624 $0 $77,932
Jeff Harrell (Director) $25,416 $0 $0
Ralph Frost (Director) $25,413 $0 $0
Dwain Strange (President) $25,413 $0 $0
Mace Middleton (Vice President) $25,410 $0 $0
Jimmy Burson (Secretary/Treasurer) $13,320 $0 $0
Brad Sharp (Director) $13,314 $0 $0
Billy Cogdell (Director) $13,308 $0 $0
+ View more people

Document Links

990
Filed on Nov. 9, 2021

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

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,782,959
Expenses
$20,564,896
Net Income
$218,063
Net Assets
$40,404,678
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,572,722
99.0%
Investment Income $126,814
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,916
0.0%
Net Fundraising $0
Sales of Assets $58,127
0.3%
Net Inventory Sales $11,307
0.1%
Other Revenue $11,073
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $319,185
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,847,572
9.0%
Assets/Debt
Total Assets $62,221,186
Total Liabilities $21,816,508
Net Assets $40,404,678
Club or Co-Op Income
Income From Members $17,967,749
Income From Other Sources $1,201,276
Compensation
Key Employees and Officers Compensation Related Other
Dwain Tipton (General Manager) $122,691 $0 $66,058
Dwain Strange (President) $23,704 $0 $0
Ralph Frost (Director) $23,635 $0 $0
Mace Middleton (Vice President) $23,623 $0 $0
Jeff Harrell (Director) $17,718 $0 $0
Jimmy Burson (Secretary/Treasurer) $12,800 $0 $0
Brad Sharp (Director) $12,423 $0 $0
Billy Cogdell (Director) $12,417 $0 $0
Jimie Reed (Director (Jan Apr)) $4,116 $0 $0
+ View more people

Document Links

990
Filed on Aug. 5, 2020

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$23,289,767
Expenses
$23,109,832
Net Income
$179,935
Net Assets
$38,171,196
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $23,117,979
99.3%
Investment Income $132,266
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,916
0.0%
Net Fundraising $0
Sales of Assets $15,651
0.1%
Net Inventory Sales $10,190
0.0%
Other Revenue $10,765
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $297,518
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,872,924
8.1%
Assets/Debt
Total Assets $60,088,622
Total Liabilities $21,917,426
Net Assets $38,171,196
Club or Co-Op Income
Income From Members $21,829,879
Income From Other Sources $843,405
Compensation
Key Employees and Officers Compensation Related Other
Dwain Tipton (General Manager) $117,227 $0 $65,503
Dwain Strange (President) $22,742 $0 $0
Ralph Frost (Director) $22,733 $0 $0
Mace Middleton (Vice President) $22,715 $0 $0
Billy Cogdell (Director) $11,663 $0 $0
Brad Sharp (Director) $11,657 $0 $0
Jimie Reed (Director) $11,642 $0 $0
Jimmy Burson (Secretary/Treasurer) $11,636 $0 $0
+ View more people

Document Links

990
Filed on Nov. 7, 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
$19,873,547
Expenses
$19,707,836
Net Income
$165,711
Net Assets
$36,906,179
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $19,717,486
99.2%
Investment Income $114,764
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,916
0.0%
Net Fundraising $0
Sales of Assets $19,345
0.1%
Net Inventory Sales $8,412
0.0%
Other Revenue $10,624
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $280,589
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,831,913
9.3%
Assets/Debt
Total Assets $59,270,918
Total Liabilities $22,364,739
Net Assets $36,906,179
Club or Co-Op Income
Income From Members $19,276,365
Income From Other Sources $866,580
Compensation
Key Employees and Officers Compensation Related Other
Dwain Tipton (General Manager) $109,857 $0 $57,341
Ralph Frost (Director) $22,467 $0 $0
Dwain Strange (President) $22,458 $0 $0
Mace Middleton (Vice President) $22,455 $0 $0
Brad Sharp (Director) $11,530 $0 $0
Jimmy Burson (Secretary/Treasurer) $11,510 $0 $0
Jimie Reed (Director) $11,487 $0 $0
Billy Cogdell (Director) $11,484 $0 $0
+ View more people

Document Links

990
Filed on Oct. 29, 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
$20,850,949
Expenses
$22,041,503
Net Income
-$1,190,554
Net Assets
$36,434,310
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,633,868
99.0%
Investment Income $114,962
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,916
0.0%
Net Fundraising $0
Sales of Assets $84,127
0.4%
Net Inventory Sales $7,870
0.0%
Other Revenue $7,206
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $340,008
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,888,529
8.6%
Assets/Debt
Total Assets $60,433,983
Total Liabilities $23,999,673
Net Assets $36,434,310
Club or Co-Op Income
Income From Members $20,319,937
Income From Other Sources $712,954
Compensation
Key Employees and Officers Compensation Related Other
Dwain Tipton (General Manager/Exec Vp) $104,183 $0 $46,862
Steve Gee (General Manager/Exec Vp (January)) $29,647 $0 $42,784
Ralph Frost (Director) $22,989 $0 $0
Dwain Strange (President) $22,890 $0 $0
Mace Middleton (Vice President) $22,875 $0 $0
Brad Sharp (Director) $12,390 $0 $0
Jimie Reed (Director) $11,800 $0 $0
Jimmy Burson (Secretary/Treasurer) $11,797 $0 $0
Billy Cogdell (Director) $11,791 $0 $0
+ View more people

Document Links

990
Filed on Oct. 25, 2017

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,837,659
Expenses
$21,837,659
Net Income
$0
Net Assets
$37,853,297
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $21,655,623
99.2%
Investment Income $104,003
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $8,556
0.0%
Net Fundraising $0
Sales of Assets $60,746
0.3%
Net Inventory Sales -$4,035
Other Revenue $12,766
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $350,624
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,572,154
7.2%
Assets/Debt
Total Assets $59,288,303
Total Liabilities $21,435,006
Net Assets $37,853,297
Club or Co-Op Income
Income From Members $20,770,068
Income From Other Sources $615,649
Compensation
Key Employees and Officers Compensation Related Other
Steve Gee (General Manager/Exec Vp) $164,912 $0 $70,837
Ralph Frost (Director) $22,835 $0 $0
Dwain Strange (President) $22,770 $0 $0
Mace Middleton (Vice President) $22,761 $0 $0
Brad Sharp (Director) $11,820 $0 $0
Jimie Reed (Director) $11,569 $0 $0
Jimmy Burson (Secretary/Treasurer) $11,563 $0 $0
Billy Cogdell (Director) $11,557 $0 $0
+ View more people

Document Links

990
Filed on Oct. 3, 2016

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

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,001,267
Expenses
$26,001,267
Net Income
$0
Net Assets
$36,111,643
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $25,862,831
99.5%
Investment Income $89,359
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $8,556
0.0%
Net Fundraising $0
Sales of Assets $42,037
0.2%
Net Inventory Sales -$1,516
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $337,665
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,367,053
5.3%
Assets/Debt
Total Assets $57,869,994
Total Liabilities $21,758,351
Net Assets $36,111,643
Club or Co-Op Income
Income From Members $25,004,133
Income From Other Sources $572,441
Compensation
Key Employees and Officers Compensation Related Other
Steve Gee (General Manager/Exec Vp) $160,861 $0 $55,414
Ralph Frost (Director) $24,859 $0 $0
Dwain Strange (President) $24,856 $0 $0
Mace Middleton (Vice President) $24,853 $0 $0
Jimmy Burson (Secretary/Treasurer) $12,467 $0 $0
Jimie Reed (Director) $12,464 $0 $0
Brad Sharp (Director) $12,464 $0 $0
Gene Latham 12014 082014 (Director) $5,269 $0 $0
Billy Cogdell 82014 122014 (Director) $4,158 $0 $0
+ View more people

Document Links

990
Filed on Nov. 4, 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
$28,162,603
Expenses
$28,162,603
Net Income
$0
Net Assets
$34,603,065
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $28,038,397
99.6%
Investment Income $109,907
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,186
0.0%
Net Fundraising $0
Sales of Assets -$7,726
Net Inventory Sales $14,839
0.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $346,823
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,210,601
4.3%
Assets/Debt
Total Assets $52,207,638
Total Liabilities $17,604,573
Net Assets $34,603,065
Club or Co-Op Income
Income From Members $27,157,782
Income From Other Sources $497,259
Compensation
Key Employees and Officers Compensation Related Other
Steve Gee (General Manager/Exec Vp) $151,610 $0 $59,262
Gene Latham (Director) $24,880 $0 $0
Ralph Frost (Director) $24,683 $0 $0
Dwain Strange (President) $24,564 $0 $0
Mace Middleton (Vice President) $24,498 $0 $0
Brad Sharp (Director) $12,452 $0 $0
Jimmy Burson (Secretary/Treasurer) $12,442 $0 $0
Jimie Reed (Director) $12,432 $0 $0
+ View more people

Document Links

990
Filed on Sept. 9, 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
$26,389,203
Expenses
$26,389,203
Net Income
$0
Net Assets
$31,379,132
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $26,022,772
98.6%
Investment Income $101,508
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $5,580
0.0%
Net Fundraising $0
Sales of Assets $240,161
0.9%
Net Inventory Sales $19,182
0.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $316,805
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,232,744
4.7%
Assets/Debt
Total Assets $48,934,689
Total Liabilities $17,555,557
Net Assets $31,379,132
Club or Co-Op Income
Income From Members $24,389,114
Income From Other Sources $426,950

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
$27,795,472
Expenses
$27,795,472
Net Income
$0
Net Assets
$27,681,756
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $27,723,300
99.7%
Investment Income $99,565
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $5,080
0.0%
Net Fundraising $0
Sales of Assets -$32,389
Net Inventory Sales -$84
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $282,418
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $1,184,948
4.3%
Assets/Debt
Total Assets $41,366,623
Total Liabilities $13,684,867
Net Assets $27,681,756
Club or Co-Op Income
Income From Members $26,573,681
Income From Other Sources $382,056

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

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

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 »

Byline

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

Updated