SeeBITDAOklahoma

Indian Electric Cooperative, Inc.

Electric Bulk Power Transmission and Control
Company websiteiecok.comLinkedIn pageCompany profile and employees
Nonprofit
Reported revenueReported figures
$70.2M
$66.7Mlikely range$73.7M
Revenue
$70.2M
a year
EBITDA
$6.0M
9% of revenue
Employees
79
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
  • Jim Hadlock
    President · Form 990
  • John Pollard
    Vp Of Engine · Form 990
  • James Garrison
    Vp Of Operat · Form 990
  • William Brumley
    Lead Line Fo · Form 990
  • Jason King
    Lead Line Fo · Form 990
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $70.2M

Based on IRS Form 990 (2024).

Reported revenue, IRS Form 990 (2024)$70.2M
× 9% EBITDA margin$6.0M

Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
Reported financials
Company website
Owner not found
Trucking registration (FMCSA)

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
INDIAN ELECTRIC COOPERATIVE, INC.
this business
$70.2M$6.0M—
THE RITTER GROUP, INC.
Tulsa · 1 employees
$731K$124K26.7 mi
VERDIGRIS VALLEY ELECTRIC COOPERATIVE, INC.
Collinsville · 93 employees
$97.4M$8.3M32.4 mi
Direct Energy
Tulsa
$1.1M$146K32.6 mi
BLUEGRASS ENERGY, INC.
Tulsa · 5 employees
$12.2M$1.3M33.8 mi
PARADIGM TWENTY LLC DBA NONE
Stillwater · 5 employees
$9.5M$1.0M36.1 mi
BROKEN ARROW ELECTRIC SPLY INC
Broken Arrow · 155 employees
$207.2M$17.7M37.8 mi

Ranges & sources

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$66.7M – $73.7M
EBITDA range$5.7M – $6.3M
Industry (NAICS)Electric Bulk Power Transmission and Control (221121)

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

History & advisors

Advisors

  • AccountingBriscoe Burke & Grigsby LLPPrepared its Form 990
  • BankingAmerican Heritage BankPPP / 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

American Heritage Bank
PPP 2020
All 446 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
5/20/2020first$1.4M$1.5M79American Heritage Bank

Public records

IRS Form 990
Nonprofit
Revenue (2024)$70.2M
Assets$201.0M
Tax-exempt since1942
LinkedIn company page
Size as the company lists it
Employees—
DOT motor carrier
USDOT 734758
Trucks (power units)78
Drivers86
Miles (2025)681,000
Registered with DOT1998

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

About Indian Electric Cooperative, Inc.

Indian Electric Cooperative, Inc. is an electric bulk power transmission and control company in Cleveland, Oklahoma, in business since 1998. Its reported annual revenue is about $70.2M, with roughly $6.0M of EBITDA. It has about 79 employees.

Common questions

Who owns Indian Electric Cooperative, Inc.?
The owner of Indian Electric Cooperative, Inc. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does Indian Electric Cooperative, Inc. make?
Indian Electric Cooperative, Inc. reported revenue of about $70.2M.
How many employees does Indian Electric Cooperative, Inc. have?
About 79, as reported on its PPP loan.
When was Indian Electric Cooperative, Inc. founded?
Indian Electric Cooperative, Inc. has been in business since 1998.