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Upshur Rural Electric Cooperative Corporation

  • Gilmer, TX
  • Tax-exempt since July 1939
  • EIN: 75-0628787

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
$117M (2023)

Expenses
$117M (2023)

Total Assets
$275M (2023)

Total Liabilities
$147M (2023)

Source: Form 990 tax filings from 2011 to 2023

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.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$117,232,017
Expenses
$117,232,017
Net Income
$0
Net Assets
$128,542,324
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $115,069,589
98.2%
Investment Income $75,116
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $182,032
0.2%
Net Fundraising $0
Sales of Assets $42,123
0.0%
Net Inventory Sales $0
Other Revenue $1,863,157
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,075,933
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $275,191,438
Total Liabilities $146,649,114
Net Assets $128,542,324
Club or Co-Op Income
Income From Members $115,069,589
Income From Other Sources $2,174,682
Compensation
Key Employees and Officers Compensation Related Other
Robert A Walker Jr (Chief Executive Officer) $307,740 $0 $80,321
Billy J Schuler (Serviceman) $159,713 $0 $40,009
Clayton Harris (Substation Foreman) $157,987 $0 $39,400
Melissa D Reeves (Chief Business Officer) $156,013 $0 $44,508
Damon G Means (Chief Financial Officer) $151,908 $0 $49,875
John Douglas Murphy (Chief Operating Officer) $144,531 $0 $50,183
Jacob W Fielden (Serviceman) $143,220 $0 $37,937
Dakota Dudley (Crew Foreman) $134,146 $0 $31,878
Dylan Adkinson (Supervisor Purchasing & Warehouse) $130,987 $0 $35,727
Frankie B King (President, Board Of Directors) $24,000 $0 $0
Jonathan Hunt (Director) $22,400 $0 $0
Robert A Branham (Vice President, Board Of Directors) $21,600 $0 $0
R Cody Newman (Director) $19,900 $0 $0
Charles H Whiteside (Director) $19,350 $0 $0
Samuel Rex Youngblood (Assistant Secretary Treasurer, Board Of Directors) $18,700 $0 $0
Henry Jackson (Director) $18,400 $0 $0
J P Abernathy (Director) $18,000 $0 $0
Sherry Morgan (Secretary Treasurer, Board Of Directors) $17,500 $0 $0
+ View more people

Document Links

990
Filed on April 30, 2024

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

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$129,741,762
Expenses
$129,741,762
Net Income
$0
Net Assets
$126,021,676
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $127,930,160
98.6%
Investment Income $67,415
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $147,093
0.1%
Net Fundraising $0
Sales of Assets $200,129
0.2%
Net Inventory Sales $0
Other Revenue $1,396,965
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,426,278
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $262,178,131
Total Liabilities $136,156,455
Net Assets $126,021,676
Club or Co-Op Income
Income From Members $127,930,160
Income From Other Sources $1,829,892
Compensation
Key Employees and Officers Compensation Related Other
Robert A Walker Jr (Ceo) $297,093 $0 $74,768
Billy J Schuler (Serviceman) $149,459 $0 $37,595
Jacob W Fielden (Serviceman) $136,930 $0 $30,116
Damon G Means (Director Of Financial Services) $135,365 $0 $46,330
Melissa D Reeves (Director Of Business Services) $134,584 $0 $40,990
Jonathan Hector (Foreman) $129,788 $0 $28,860
Jonathan Hunt (Director) $22,400 $0 $0
Frankie B King (President, Board Of Directors) $21,600 $0 $0
Robert A Branham (Vice President, Board Of Directors) $21,600 $0 $0
Charles H Whiteside (Director) $21,100 $0 $0
Samuel Rex Youngblood (Assistant Secretary Treasurer, Board Of Directors) $20,600 $0 $0
R Cody Newman (Director) $20,400 $0 $0
Sherry Morgan (Secretary Treasurer, Board Of Directors) $20,000 $0 $0
Henry Jackson (Director) $18,400 $0 $0
J P Abernathy (Director) $18,300 $0 $0
+ View more people

Document Links

990
Filed on May 11, 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
$98,243,041
Expenses
$98,243,041
Net Income
$0
Net Assets
$122,266,045
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $96,485,016
98.2%
Investment Income $84,138
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $130,764
0.1%
Net Fundraising $0
Sales of Assets $48,029
0.0%
Net Inventory Sales $0
Other Revenue $1,495,094
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,340,130
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $245,628,727
Total Liabilities $123,362,682
Net Assets $122,266,045
Club or Co-Op Income
Income From Members $96,485,016
Income From Other Sources $1,796,137
Compensation
Key Employees and Officers Compensation Related Other
Robert A Walker Jr (Ceo) $287,699 $0 $71,145
Billy J Schuler (Serviceman) $143,200 $0 $36,029
Jonathan Hector (Foreman) $136,676 $0 $27,593
Damon G Means (Director Of Financial Services) $125,744 $0 $44,300
Melissa D Reeves (Director Of Business Services) $122,082 $0 $39,183
Jacob W Fielden (Serviceman) $121,956 $0 $15,623
Frankie B King (President, Board Of Directors) $21,300 $0 $0
Samuel Rex Youngblood (Assistant Secretary Treasurer, Board Of Directors) $19,700 $0 $0
Charles H Whiteside (Director) $19,300 $0 $0
Robert A Branham (Vice President, Board Of Directors) $18,900 $0 $0
Jonathan Hunt (Director) $18,900 $0 $0
J P Abernathy (Director) $17,700 $0 $0
Henry Jackson (Director) $17,700 $0 $0
Sherry Morgan (Secretary Treasurer, Board Of Directors) $17,700 $0 $0
R Cody Newman (Director) $17,700 $0 $0
+ View more people

Document Links

990
Filed on May 13, 2022

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

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$88,099,138
Expenses
$88,099,138
Net Income
$0
Net Assets
$122,562,142
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $86,471,709
98.2%
Investment Income $97,976
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $119,200
0.1%
Net Fundraising $0
Sales of Assets $5,860
0.0%
Net Inventory Sales $0
Other Revenue $1,404,393
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,277,890
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $233,816,350
Total Liabilities $111,254,208
Net Assets $122,562,142
Club or Co-Op Income
Income From Members $86,471,709
Income From Other Sources $1,670,351
Compensation
Key Employees and Officers Compensation Related Other
Robert A Walker Jr (General Manager) $287,492 $0 $77,074
Billy J Schuler (Serviceman) $157,869 $0 $36,320
Jonathan Hector (Foreman) $139,180 $0 $26,859
Jacob Fielden (Lineman) $127,508 $0 $13,718
Justin Ashley (Serviceman) $121,930 $0 $34,481
Terry Jones (Foreman) $120,930 $0 $32,384
Robert A Branham (Vice President) $19,800 $0 $0
Frankie B King (President) $14,400 $0 $0
Charles H Whiteside (Director) $13,800 $0 $0
Samuel Rex Yougblood (Asst. Sec Treas) $12,000 $0 $0
Jp Abernathy (Director) $11,400 $0 $0
Sherry Morgan (Secretary Treas) $10,800 $0 $0
R Cody Newman (Director) $10,800 $0 $0
Henry Jackson (Director) $9,000 $0 $0
Jonathan Hunt (Director) $8,400 $0 $0
+ View more people

Document Links

990
Filed on May 26, 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
$91,012,022
Expenses
$91,012,022
Net Income
$0
Net Assets
$121,788,519
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $89,264,893
98.1%
Investment Income $106,810
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $137,303
0.2%
Net Fundraising $0
Sales of Assets $65,889
0.1%
Net Inventory Sales $0
Other Revenue $1,437,127
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,364,548
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $214,684,212
Total Liabilities $92,895,693
Net Assets $121,788,519
Club or Co-Op Income
Income From Members $89,264,893
Income From Other Sources $1,747,129

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$97,093,598
Expenses
$97,093,598
Net Income
$0
Net Assets
$115,266,838
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $95,457,819
98.3%
Investment Income $111,545
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $77,878
0.1%
Net Fundraising $0
Sales of Assets $25,987
0.0%
Net Inventory Sales $0
Other Revenue $1,420,369
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,159,747
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $200,856,663
Total Liabilities $85,589,825
Net Assets $115,266,838
Club or Co-Op Income
Income From Members $95,457,819
Income From Other Sources $1,710,598

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$86,471,552
Expenses
$86,471,552
Net Income
$0
Net Assets
$113,049,813
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $85,025,706
98.3%
Investment Income $103,206
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $77,357
0.1%
Net Fundraising $0
Sales of Assets $12,194
0.0%
Net Inventory Sales $0
Other Revenue $1,253,089
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,113,380
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $190,675,677
Total Liabilities $77,625,864
Net Assets $113,049,813
Club or Co-Op Income
Income From Members $85,025,706
Income From Other Sources $1,459,834

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$87,467,040
Expenses
$87,467,040
Net Income
$0
Net Assets
$111,007,689
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $85,289,617
97.5%
Investment Income $150,859
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $75,789
0.1%
Net Fundraising $0
Sales of Assets $142,588
0.2%
Net Inventory Sales $0
Other Revenue $1,808,187
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,039,964
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $186,552,009
Total Liabilities $75,544,320
Net Assets $111,007,689
Club or Co-Op Income
Income From Members $85,289,617
Income From Other Sources $2,329,419

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$92,032,071
Expenses
$92,032,071
Net Income
$0
Net Assets
$111,063,128
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $89,973,628
97.8%
Investment Income $171,172
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $75,351
0.1%
Net Fundraising $0
Sales of Assets $12,413
0.0%
Net Inventory Sales $0
Other Revenue $1,799,507
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,027,051
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $175,747,614
Total Liabilities $64,684,486
Net Assets $111,063,128
Club or Co-Op Income
Income From Members $89,565,580
Income From Other Sources $483,199

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$94,888,678
Expenses
$94,888,678
Net Income
$0
Net Assets
$107,988,578
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $92,904,107
97.9%
Investment Income $75,103
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $48,767
0.1%
Net Fundraising $0
Sales of Assets $1,593
0.0%
Net Inventory Sales $0
Other Revenue $1,859,108
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $740,396
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $167,808,521
Total Liabilities $59,819,943
Net Assets $107,988,578
Club or Co-Op Income
Income From Members $92,494,522
Income From Other Sources $458,352

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$91,470,551
Expenses
$91,470,551
Net Income
$0
Net Assets
$105,278,046
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $89,115,842
97.4%
Investment Income $144,490
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $74,807
0.1%
Net Fundraising $0
Sales of Assets $43,492
0.0%
Net Inventory Sales $0
Other Revenue $2,091,920
2.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $583,844
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $159,248,219
Total Liabilities $53,970,173
Net Assets $105,278,046
Club or Co-Op Income
Income From Members $88,787,444
Income From Other Sources $403,205

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$83,097,392
Expenses
$83,097,392
Net Income
$0
Net Assets
$101,110,644
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $80,889,833
97.3%
Investment Income $146,620
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $95,020
0.1%
Net Fundraising $0
Sales of Assets -$38,817
Net Inventory Sales $0
Other Revenue $2,004,736
2.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $148,825,268
Total Liabilities $47,714,624
Net Assets $101,110,644
Club or Co-Op Income
Income From Members $80,313
Income From Other Sources $670,986

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
$83,458,178
Expenses
$83,478,178
Net Income
-$20,000
Net Assets
$98,569,232
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $81,601,678
97.8%
Investment Income $145,731
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $104,025
0.1%
Net Fundraising $0
Sales of Assets $32,467
0.0%
Net Inventory Sales $0
Other Revenue $1,574,277
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $458,605
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $143,236,757
Total Liabilities $44,667,525
Net Assets $98,569,232
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

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.
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