Brazos Sandy Creek Electric Cooperative Inc
Organization summary
Organization summary might be incomplete or out of date
This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.
Type of Nonprofit
Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.
Category: Mutual/Membership Benefit Organizations, Other / Local Benevolent Life Insurance Associations, Mutual Irrigation and Telephone Companies, and Like Organizations (NTEE)
Summary charts: organization finances over time
Revenue $181M (2023)
Expenses $5.27M (2023)
Total Assets $0 (2023)
Total Liabilities $0 (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
| 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 | $180,725,695 |
100%
|
| 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 |
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $0 | |
| Income From Other Sources | $180,725,695 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| See Various Disclosures (On Schedule O) | $0 | $0 | $0 |
Document Links
990
Filed on March 12, 2024Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2022
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $80,536,568 | |
| Investment Income | $0 | |
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | -$356,451,074 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $88,902,277 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $0 |
| Assets/Debt | ||
|---|---|---|
| Total Assets | $129,146,693 | |
| Total Liabilities | $304,604,069 |
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $0 | |
| Income From Other Sources | $274,973,845 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| See Schedule O (See Schedule O) | $0 | $0 | $0 |
Document Links
990
Filed on July 18, 2023Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2021
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $90,167,247 |
100.0%
|
| Investment Income | $2,199 |
0.0%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | -$2,183 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $0 |
| Assets/Debt | ||
|---|---|---|
| Total Assets | $476,133,566 | |
| Total Liabilities | $386,743,988 |
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $89,996,401 | |
| Income From Other Sources | $170,862 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Clifton Karnei (Executive Vp & General Manager) | $0 | $2,077,213 | $95,284 |
| Khaki Bordovsky (Vp Services) | $0 | $1,194,916 | $40,673 |
| Audie Morris (President) | $0 | $40,750 | $0 |
Document Links
990
Filed on Jan. 12, 2023Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2020
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $79,351,292 |
99.9%
|
| Investment Income | $118,053 |
0.1%
|
| 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 | $489,392,234 | |
| Total Liabilities | $401,280,734 |
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $79,166,563 | |
| Income From Other Sources | $302,782 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Clifton Karnei (Excutive Vp & General Manager) | $0 | $1,063,438 | $416,561 |
| Khaki Bordovsky (Vp Services) | $0 | $417,548 | $145,141 |
| Audie Morris (President) | $0 | $39,708 | $0 |
Document Links
990
Filed on Nov. 11, 2021Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2019
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $84,870,292 |
99.2%
|
| Investment Income | $724,244 |
0.8%
|
| 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 | $502,037,952 | |
| Total Liabilities | $416,968,718 |
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $84,870,292 | |
| Income From Other Sources | $724,244 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Clifton Karnei (Excutive Vp & General Manager) | $0 | $1,026,469 | $439,910 |
| Khaki Bordovsky (Vp Services) | $0 | $394,285 | $160,773 |
| Audie Morris (President) | $0 | $45,227 | $0 |
Document Links
990
Filed on Nov. 16, 2020Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2018
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $89,005,123 |
99.3%
|
| Investment Income | $606,527 |
0.7%
|
| 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 | $514,774,735 | |
| Total Liabilities | $433,370,470 |
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $89,005,123 | |
| Income From Other Sources | $606,527 | |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Dennis Mcwhorter (Director) | $0 | $37,490 | $0 |
| Audie Morris (Sec. (Jan Apr) Pres. (Apr Dec)) | $0 | $37,843 | $0 |
| Larry Bays (Vice Presidenet) | $0 | $32,296 | $0 |
Document Links
990
Filed on Nov. 12, 2019Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2017
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $86,944,007 |
99.5%
|
| Investment Income | $260,577 |
0.3%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $213,040 |
0.2%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $0 |
| Assets/Debt | ||
|---|---|---|
| Total Assets | $525,601,282 | |
| Total Liabilities | $447,763,941 |
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $86,944,008 | |
| Income From Other Sources | $473,617 | |
Other
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Rick Haile (President) | $0 | $0 | $0 |
| Larry Bays (Vp) | $0 | $29,027 | $0 |
| Audie Morris (Secretary/Treasurer) | $0 | $31,054 | $0 |
Document Links
990
Filed on Nov. 15, 2018Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2016
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $78,776,186 |
99.6%
|
| Investment Income | $90,520 |
0.1%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $211,348 |
0.3%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $0 |
| Assets/Debt | ||
|---|---|---|
| Total Assets | $538,857,685 | |
| Total Liabilities | $464,373,297 |
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $77,652,760 | |
| Income From Other Sources | $1,425,295 | |
Other
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Rick Haile (President) | $0 | $0 | $0 |
| Larry Bays (Vp) | $0 | $29,037 | $0 |
| Audie Morris (Secretary/Treasurer) | $0 | $31,074 | $0 |
Document Links
990
Filed on Nov. 10, 2017Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2015
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $86,025,564 |
99.7%
|
| Investment Income | $14,943 |
0.0%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $215,482 |
0.2%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $0 |
| Assets/Debt | ||
|---|---|---|
| Total Assets | $558,801,110 | |
| Total Liabilities | $487,502,863 |
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $86,025,564 | |
| Income From Other Sources | $230,425 | |
Other
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Rick Haile (President) | $0 | $0 | $0 |
| Larry Bays (Vp) | $0 | $29,099 | $0 |
| Audie Morris (Secretary/Treasurer) | $0 | $28,198 | $0 |
Document Links
990
Filed on Nov. 11, 2016Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2014
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $27,042,478 |
99.8%
|
| Investment Income | $1,038 |
0.0%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $66,526 |
0.2%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $0 | |
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $0 |
| Assets/Debt | ||
|---|---|---|
| Total Assets | $595,842,056 | |
| Total Liabilities | $527,629,179 |
| Club or Co-Op Income | ||
|---|---|---|
| Income From Members | $27,042,316 | |
| Income From Other Sources | $67,726 | |
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
About This Data
What Is This Data?
Which Organizations Are Here?
Types of Nonprofits
Get the Data
API
See an issue with the data?
Contact Us