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Employer Identification Number 74-0779023

MEDINA ELECTRIC COOPERATIVE, INC. is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:MEDINA ELECTRIC COOPERATIVE, INC.
Employer identification number (EIN):74-0779023
EIN Issuing AuthorityPhiladelphia, PA
NAIC Classification:221100
401k Pension/Benefits registration MEDINA ELECTRIC COOPERATIVE, INC. 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationTexas, TX

Organization Overview

Mission StatementTO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE.
Number of Employees137
Number of Volunteers0
Year Formed1938

Organization Governance

Legal DomicileTX
Voting Members - Governing Body9
Voting Members - Independent9

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 130,344,821
Program Service Revenue from current yearUSD $ 160,568,424
Investment Income from prior yearUSD $ 168,679
Investment Income from current yearUSD $ -3,133,573
Other Revenue from prior yearUSD $ 233,716
Other Revenue from current yearUSD $ 217,861
Gross receipts from all sourcesUSD $ 161,754,655
Net assets / fund balances at end of fiscal yearUSD $ 127,993,481
Net assets / fund balances at beginning of fiscal yearUSD $ 126,689,532
Total liabilities at end of fiscal yearUSD $ 170,557,958
Total liabilities at beginning of fiscal yearUSD $ 148,916,043
Total assets at end of fiscal yearUSD $ 298,551,439
Total assets at beginning of fiscal yearUSD $ 275,605,575
Revenues less expenses for current yearUSD $ 610,750
Revenues less expenses for previous yearUSD $ -215,433
Total expenses for current yearUSD $ 157,041,962
Total expenses for previous yearUSD $ 130,962,649
Other expenses in current yearUSD $ 139,527,619
Other expenses in previous yearUSD $ 109,059,467
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 14,063,596
Employee salary and benefits paid in previous yearUSD $ 14,273,254
Benefits paid to or for members in current yearUSD $ 3,333,537
Benefits paid to or for members in previous yearUSD $ 7,511,304
Grants and similar amounts paid in current yearUSD $ 117,210
Grants and similar amounts paid in previous yearUSD $ 118,624
Total revenue in current fiscal yearUSD $ 157,652,712
Total revenue in previous fiscal yearUSD $ 130,747,216
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 724,564
Gross sales of inventory assetsUSD $ 778,070
Total of other revenueUSD $ 155,645
2021-12-31
Total unrelated business incomeUSD $ 1,206
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 129,891,386
Program Service Revenue from current yearUSD $ 130,344,821
Investment Income from prior yearUSD $ 157,492
Investment Income from current yearUSD $ 168,679
Other Revenue from prior yearUSD $ 239,726
Other Revenue from current yearUSD $ 233,716
Gross receipts from all sourcesUSD $ 131,132,189
Net assets / fund balances at end of fiscal yearUSD $ 126,689,532
Net assets / fund balances at beginning of fiscal yearUSD $ 121,402,293
Total liabilities at end of fiscal yearUSD $ 148,916,043
Total liabilities at beginning of fiscal yearUSD $ 142,881,087
Total assets at end of fiscal yearUSD $ 275,605,575
Total assets at beginning of fiscal yearUSD $ 264,283,380
Revenues less expenses for current yearUSD $ -215,433
Revenues less expenses for previous yearUSD $ -340,785
Total expenses for current yearUSD $ 130,962,649
Total expenses for previous yearUSD $ 130,629,389
Other expenses in current yearUSD $ 109,059,467
Other expenses in previous yearUSD $ 106,937,773
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 14,273,254
Employee salary and benefits paid in previous yearUSD $ 13,315,312
Benefits paid to or for members in current yearUSD $ 7,511,304
Benefits paid to or for members in previous yearUSD $ 10,285,193
Grants and similar amounts paid in current yearUSD $ 118,624
Grants and similar amounts paid in previous yearUSD $ 91,111
Total revenue in current fiscal yearUSD $ 130,747,216
Total revenue in previous fiscal yearUSD $ 130,288,604
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 352,061
Gross sales of inventory assetsUSD $ 440,420
Total of other revenueUSD $ 135,457
2020-12-31
Total unrelated business incomeUSD $ 2,953
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 133,023,035
Program Service Revenue from current yearUSD $ 129,891,386
Investment Income from prior yearUSD $ 733,473
Investment Income from current yearUSD $ 157,492
Other Revenue from prior yearUSD $ 195,344
Other Revenue from current yearUSD $ 239,726
Gross receipts from all sourcesUSD $ 130,524,256
Net assets / fund balances at end of fiscal yearUSD $ 121,402,293
Net assets / fund balances at beginning of fiscal yearUSD $ 113,577,989
Total liabilities at end of fiscal yearUSD $ 142,881,087
Total liabilities at beginning of fiscal yearUSD $ 136,015,781
Total assets at end of fiscal yearUSD $ 264,283,380
Total assets at beginning of fiscal yearUSD $ 249,593,770
Revenues less expenses for current yearUSD $ -340,785
Revenues less expenses for previous yearUSD $ 664,323
Total expenses for current yearUSD $ 130,629,389
Total expenses for previous yearUSD $ 133,287,529
Other expenses in current yearUSD $ 106,937,773
Other expenses in previous yearUSD $ 108,876,845
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 13,315,312
Employee salary and benefits paid in previous yearUSD $ 12,620,297
Benefits paid to or for members in current yearUSD $ 10,285,193
Benefits paid to or for members in previous yearUSD $ 11,698,078
Grants and similar amounts paid in current yearUSD $ 91,111
Grants and similar amounts paid in previous yearUSD $ 92,309
Total revenue in current fiscal yearUSD $ 130,288,604
Total revenue in previous fiscal yearUSD $ 133,951,852
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 234,527
Gross sales of inventory assetsUSD $ 335,780
Total of other revenueUSD $ 128,573
2019-12-31
Total unrelated business incomeUSD $ 4,758
Net unrelated business incomeUSD $ 313
Program Service Revenue from prior yearUSD $ 127,419,203
Program Service Revenue from current yearUSD $ 133,023,035
Investment Income from prior yearUSD $ 445,159
Investment Income from current yearUSD $ 733,473
Other Revenue from prior yearUSD $ 205,053
Other Revenue from current yearUSD $ 195,344
Gross receipts from all sourcesUSD $ 134,258,371
Net assets / fund balances at end of fiscal yearUSD $ 113,577,989
Net assets / fund balances at beginning of fiscal yearUSD $ 103,331,452
Total liabilities at end of fiscal yearUSD $ 136,015,781
Total liabilities at beginning of fiscal yearUSD $ 131,052,748
Total assets at end of fiscal yearUSD $ 249,593,770
Total assets at beginning of fiscal yearUSD $ 234,384,200
Revenues less expenses for current yearUSD $ 664,323
Revenues less expenses for previous yearUSD $ 776,976
Total expenses for current yearUSD $ 133,287,529
Total expenses for previous yearUSD $ 127,292,439
Other expenses in current yearUSD $ 108,876,845
Other expenses in previous yearUSD $ 105,812,177
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 12,620,297
Employee salary and benefits paid in previous yearUSD $ 11,873,015
Benefits paid to or for members in current yearUSD $ 11,698,078
Benefits paid to or for members in previous yearUSD $ 9,526,460
Grants and similar amounts paid in current yearUSD $ 92,309
Grants and similar amounts paid in previous yearUSD $ 80,787
Total revenue in current fiscal yearUSD $ 133,951,852
Total revenue in previous fiscal yearUSD $ 128,069,415
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 172,452
Gross sales of inventory assetsUSD $ 231,880
Total of other revenueUSD $ 126,766
2018-12-31
Total unrelated business incomeUSD $ 9,458
Net unrelated business incomeUSD $ 2,191
Program Service Revenue from prior yearUSD $ 111,792,801
Program Service Revenue from current yearUSD $ 127,419,203
Investment Income from prior yearUSD $ 332,020
Investment Income from current yearUSD $ 445,159
Other Revenue from prior yearUSD $ 181,787
Other Revenue from current yearUSD $ 205,053
Gross receipts from all sourcesUSD $ 128,248,470
Net assets / fund balances at end of fiscal yearUSD $ 103,331,452
Net assets / fund balances at beginning of fiscal yearUSD $ 98,972,128
Total liabilities at end of fiscal yearUSD $ 131,052,748
Total liabilities at beginning of fiscal yearUSD $ 127,304,388
Total assets at end of fiscal yearUSD $ 234,384,200
Total assets at beginning of fiscal yearUSD $ 226,276,516
Revenues less expenses for current yearUSD $ 776,976
Revenues less expenses for previous yearUSD $ 664,270
Total expenses for current yearUSD $ 127,292,439
Total expenses for previous yearUSD $ 111,642,338
Other expenses in current yearUSD $ 105,812,177
Other expenses in previous yearUSD $ 91,579,568
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 11,873,015
Employee salary and benefits paid in previous yearUSD $ 11,130,988
Benefits paid to or for members in current yearUSD $ 9,526,460
Benefits paid to or for members in previous yearUSD $ 8,861,478
Grants and similar amounts paid in current yearUSD $ 80,787
Grants and similar amounts paid in previous yearUSD $ 70,304
Total revenue in current fiscal yearUSD $ 128,069,415
Total revenue in previous fiscal yearUSD $ 112,306,608
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 123,952
Gross sales of inventory assetsUSD $ 199,020
Total of other revenueUSD $ 128,860
2017-12-31
Total unrelated business incomeUSD $ 20,358
Net unrelated business incomeUSD $ 7,123
Program Service Revenue from prior yearUSD $ 102,157,792
Program Service Revenue from current yearUSD $ 111,792,801
Investment Income from prior yearUSD $ 143,785
Investment Income from current yearUSD $ 332,020
Other Revenue from prior yearUSD $ 187,999
Other Revenue from current yearUSD $ 181,787
Gross receipts from all sourcesUSD $ 112,431,018
Net assets / fund balances at end of fiscal yearUSD $ 98,972,128
Net assets / fund balances at beginning of fiscal yearUSD $ 89,433,119
Total liabilities at end of fiscal yearUSD $ 127,304,388
Total liabilities at beginning of fiscal yearUSD $ 117,502,555
Total assets at end of fiscal yearUSD $ 226,276,516
Total assets at beginning of fiscal yearUSD $ 206,935,674
Revenues less expenses for current yearUSD $ 664,270
Revenues less expenses for previous yearUSD $ 592,843
Total expenses for current yearUSD $ 111,642,338
Total expenses for previous yearUSD $ 101,896,733
Other expenses in current yearUSD $ 91,579,568
Other expenses in previous yearUSD $ 81,547,065
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 11,130,988
Employee salary and benefits paid in previous yearUSD $ 10,869,236
Benefits paid to or for members in current yearUSD $ 8,861,478
Benefits paid to or for members in previous yearUSD $ 9,410,829
Grants and similar amounts paid in current yearUSD $ 70,304
Grants and similar amounts paid in previous yearUSD $ 69,603
Total revenue in current fiscal yearUSD $ 112,306,608
Total revenue in previous fiscal yearUSD $ 102,489,576
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 81,851
Gross sales of inventory assetsUSD $ 114,700
Total of other revenueUSD $ 148,038
2016-12-31
Total unrelated business incomeUSD $ 33,913
Net unrelated business incomeUSD $ 9,954
Program Service Revenue from prior yearUSD $ 97,164,635
Program Service Revenue from current yearUSD $ 102,157,792
Investment Income from prior yearUSD $ 260,361
Investment Income from current yearUSD $ 143,785
Other Revenue from prior yearUSD $ 198,106
Other Revenue from current yearUSD $ 187,999
Gross receipts from all sourcesUSD $ 103,002,320
Net assets / fund balances at end of fiscal yearUSD $ 89,433,119
Net assets / fund balances at beginning of fiscal yearUSD $ 80,535,271
Total liabilities at end of fiscal yearUSD $ 117,502,555
Total liabilities at beginning of fiscal yearUSD $ 117,327,540
Total assets at end of fiscal yearUSD $ 206,935,674
Total assets at beginning of fiscal yearUSD $ 197,862,811
Revenues less expenses for current yearUSD $ 592,843
Revenues less expenses for previous yearUSD $ 1,058,688
Total expenses for current yearUSD $ 101,896,733
Total expenses for previous yearUSD $ 96,564,414
Other expenses in current yearUSD $ 81,547,065
Other expenses in previous yearUSD $ 78,671,636
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 10,869,236
Employee salary and benefits paid in previous yearUSD $ 9,919,593
Benefits paid to or for members in current yearUSD $ 9,410,829
Benefits paid to or for members in previous yearUSD $ 7,907,566
Grants and similar amounts paid in current yearUSD $ 69,603
Grants and similar amounts paid in previous yearUSD $ 65,619
Total revenue in current fiscal yearUSD $ 102,489,576
Total revenue in previous fiscal yearUSD $ 97,623,102
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 85,755
Gross sales of inventory assetsUSD $ 114,080
Total of other revenueUSD $ 159,041
2015-12-31
Total unrelated business incomeUSD $ 57,189
Net unrelated business incomeUSD $ 20,953
Program Service Revenue from prior yearUSD $ 98,987,091
Program Service Revenue from current yearUSD $ 97,164,635
Investment Income from prior yearUSD $ 308,628
Investment Income from current yearUSD $ 260,361
Other Revenue from prior yearUSD $ 224,409
Other Revenue from current yearUSD $ 198,106
Gross receipts from all sourcesUSD $ 97,725,772
Net assets / fund balances at end of fiscal yearUSD $ 80,535,271
Net assets / fund balances at beginning of fiscal yearUSD $ 72,369,750
Total liabilities at end of fiscal yearUSD $ 117,327,540
Total liabilities at beginning of fiscal yearUSD $ 116,062,282
Total assets at end of fiscal yearUSD $ 197,862,811
Total assets at beginning of fiscal yearUSD $ 188,432,032
Revenues less expenses for current yearUSD $ 1,058,688
Revenues less expenses for previous yearUSD $ -433,402
Total expenses for current yearUSD $ 96,564,414
Total expenses for previous yearUSD $ 99,953,530
Other expenses in current yearUSD $ 78,671,636
Other expenses in previous yearUSD $ 81,888,211
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 9,919,593
Employee salary and benefits paid in previous yearUSD $ 9,631,781
Benefits paid to or for members in current yearUSD $ 7,907,566
Benefits paid to or for members in previous yearUSD $ 8,411,922
Grants and similar amounts paid in current yearUSD $ 65,619
Grants and similar amounts paid in previous yearUSD $ 21,616
Total revenue in current fiscal yearUSD $ 97,623,102
Total revenue in previous fiscal yearUSD $ 99,520,128
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 82,874
Gross sales of inventory assetsUSD $ 107,880
Total of other revenueUSD $ 172,200
2014-12-31
Total unrelated business incomeUSD $ 90,754
Net unrelated business incomeUSD $ 32,084
Program Service Revenue from prior yearUSD $ 80,658,885
Program Service Revenue from current yearUSD $ 98,987,091
Investment Income from prior yearUSD $ 246,484
Investment Income from current yearUSD $ 308,628
Other Revenue from prior yearUSD $ 270,580
Other Revenue from current yearUSD $ 224,409
Gross receipts from all sourcesUSD $ 99,688,216
Net assets / fund balances at end of fiscal yearUSD $ 72,369,750
Net assets / fund balances at beginning of fiscal yearUSD $ 66,165,670
Total liabilities at end of fiscal yearUSD $ 116,062,282
Total liabilities at beginning of fiscal yearUSD $ 102,880,729
Total assets at end of fiscal yearUSD $ 188,432,032
Total assets at beginning of fiscal yearUSD $ 169,046,399
Revenues less expenses for current yearUSD $ -433,402
Revenues less expenses for previous yearUSD $ 1,814,001
Total expenses for current yearUSD $ 99,953,530
Total expenses for previous yearUSD $ 79,361,948
Other expenses in current yearUSD $ 81,888,211
Other expenses in previous yearUSD $ 63,714,600
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 9,631,781
Employee salary and benefits paid in previous yearUSD $ 9,186,182
Benefits paid to or for members in current yearUSD $ 8,411,922
Benefits paid to or for members in previous yearUSD $ 6,436,295
Grants and similar amounts paid in current yearUSD $ 21,616
Grants and similar amounts paid in previous yearUSD $ 24,871
Total revenue in current fiscal yearUSD $ 99,520,128
Total revenue in previous fiscal yearUSD $ 81,175,949
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Cost of goods soldUSD $ 94,923
Gross sales of inventory assetsUSD $ 116,560
Total of other revenueUSD $ 85,892

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 740779023

USA Mailing Address
2308 18TH STREET
HONDO
TX
78861
Date first seen: 2007-01-01
Date last seen: 2024-08-31
USA Location Address
2308 18TH STREET
HONDO
TX
78861
Date first seen: 2007-01-01
Date last seen: 2024-08-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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