SeeBITDAOklahoma

Cotton Electric Cooperative, Inc.

Electric Power Distribution
  • 226 N. BROADWAY ST, Walters, OK
  • Since 1938
Federal contractor
Reported revenueReported figures
$86.0M
$81.7Mlikely range$90.3M
Revenue
$86.0M
a year
Profit (EBITDA)
$7.4M
9% of revenue
Employees
80
reported in 2020
Mark Stubbs
Key Principal · source · LinkedIn
cottonelectric.comLinkedIn
Contact
Find Mark Stubbs on RocketReach Request removal or correction

How we got $86.0M

Based on IRS Form 990 (2025).

Reported revenue, IRS Form 990 (2025)$86.0M
× 9% profit margin$7.4M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
Reported financials
Company website
Owner named
Trucking registration (FMCSA)
Federal contracts

What they do

Cotton Electric Cooperative is an electric cooperative that says its mission is to safely deliver reliable and affordable power, provide excellent member service, and improve the quality of life in the communities it serves.

Products & services
reliable and affordable powerEnergy EfficiencyElectric Vehicles (EV)Generac GeneratorsRebate ProgramRenewable EnergyOutage Center

From the company's website. Industry: Electric Power Distribution.

Customers & suppliers

Customers

  • Department of the Army · federal contracts $172K

Suppliers & brands

  • Generac · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
COTTON ELECTRIC COOPERATIVE, INC.
this business
$86.0M$7.4M—
FGS ENERGY, LLC
Duncan · 2 employees
$4.1M$493K23.4 mi
WLM ENERGY SOLUTIONS LLC
Marlow · 1 employees
$963K$139K30.4 mi
SOUTHWEST RURAL ELECTRIC ASSOCIATION, INC.
Tipton · 31 employees
$22.7M$2.2M48.5 mi
STRATEGIC ENERGY INVESTMENTS, INC
Chickasha · 12 employees
$15.0M$1.6M49.6 mi
JAC-MAC ENERGY
Chickasha · 2 employees
$2.1M$270K50.5 mi
ROE ENERGY SERVICES LLC
Lindsay · 1 employees
$930K$135K51.3 mi

The full calculation

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

These are the business's own reported figures, from its IRS Form 990 filing, not an estimate. EBITDA applies the industry margin to reported revenue.

Revenue range$81.7M – $90.3M
EBITDA range$7.0M – $7.7M
Industry (NAICS)Electric Power Distribution (221122)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

People & advisors

Founded 1938
“Cotton Electric Cooperative was organized in 1938 to bring electricity to rural communities at a time when other utilities did not consider it economically feasible.”

Leadership

  • JM
    Jennifer M Meason
    Ceo · $326K pay (Form 990)
  • BH
    Bryce Hooper
    Coo · $209K pay (Form 990)
  • MW
    Michael W Ottinger
    Vp Operation · $173K pay (Form 990)
  • JB
    Jeromy Bowers
    Vp Admin & I · $168K pay (Form 990)
  • ZS
    Zachary Smith
    Crew Chief · $141K pay (Form 990)
  • CI
    Clint Ingram
    Line Op Supe · $140K pay (Form 990)
  • KS
    Keeton Sallee
    Journeyman L · $137K pay (Form 990)
  • KL
    Kyle Linthicum
    Journeyman L · $135K pay (Form 990)
  • WD
    Walter Dennis
    Journeyman L · $133K pay (Form 990)
  • MC
    Martin Clark
    Director · $28K pay (Form 990)
  • CD
    Clifford Dunham
    Director · $27K pay (Form 990)
  • TH
    Tony High
    Director · $27K pay (Form 990)

Advisors

  • AccountingBriscoe Burke & Grigsby LLPPrepared its Form 990
  • BankingCoBank ACBPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

CoBank ACB
PPP 2020
All 7 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
5/15/2020first$1.4M$1.4M80CoBank ACB

Public records

IRS Form 990
Nonprofit
Revenue (2025)$86.0M
Assets$190.3M
Tax-exempt since1940
LinkedIn company page
Size as the company lists it
Employees51–200
Federal contracts
USAspending.gov
Total, recent years$172K
FY2024$15K
FY2022$157K
DOT motor carrier
USDOT 778045
Trucks (power units)9
Drivers35
Miles (2026)51,383
Registered with DOT1998

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Cotton Electric Cooperative, Inc.

Cotton Electric Cooperative, Inc. is an electric power distribution company in Walters, Oklahoma, in business since 1938. It is owned by Mark Stubbs (Key Principal). Its reported annual revenue is about $86.0M, with roughly $7.4M of EBITDA. It has about 80 employees.

Common questions

Who owns Cotton Electric Cooperative, Inc.?
Cotton Electric Cooperative, Inc. is owned by Mark Stubbs (Key Principal), according to public sources such as the company's website or filings.
How much revenue does Cotton Electric Cooperative, Inc. make?
Cotton Electric Cooperative, Inc. reported revenue of about $86.0M.
How many employees does Cotton Electric Cooperative, Inc. have?
About 80, as reported on its PPP loan.
When was Cotton Electric Cooperative, Inc. founded?
Cotton Electric Cooperative, Inc. has been in business since 1938.