Choctaw Electric Cooperative, Inc.
- Kooney DuncanCeo · Form 990
- Douglas FranksPresident · Form 990
- William WoolseyVice President · Form 990
- Perry Thompson JrSecretary/Treasurer · Form 990
- Isaac BillingsleyLead Lineman · Form 990
How we got $59.3M
Based on IRS Form 990 (2024).
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CHOCTAW ELECTRIC COOPERATIVE, INC. this business | $59.3M | — |
| RED BARN BAIT & TACKLE, INC Hugo · 1 employees | $977K | 2.1 mi |
| RURAL WATER AND SEWER DISTRICT NO 1 Grant · 5 employees | $1.9M | 4.9 mi |
| SOUTHEASTERN ELECTRIC COOPERATIVE OF DURANT, OKLAHOMA Durant · 35 employees | $63.5M | 48.1 mi |
| BLUEFOR ENERGY SERVICES Coalgate · 5 employees | $9.5M | 57.5 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 | $56.3M – $62.3M |
| EBITDA range | $4.8M – $5.3M |
| 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
History & advisors
Advisors
- AccountingBolinger Segars Gilbert And Moss LLPPrepared its Form 990
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 6/17/2020 | first | $1.5M | 67 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Choctaw Electric Cooperative, Inc.
Choctaw Electric Cooperative, Inc. is an electric power distribution company in Hugo, Oklahoma, in business since 2003. Its reported annual revenue is about $59.3M, with roughly $5.1M of EBITDA. It has about 67 employees.
Common questions
- Who owns Choctaw Electric Cooperative, Inc.?
- The owner of Choctaw 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 Choctaw Electric Cooperative, Inc. make?
- Choctaw Electric Cooperative, Inc. reported revenue of about $59.3M.
- How many employees does Choctaw Electric Cooperative, Inc. have?
- About 67, as reported on its PPP loan.
- When was Choctaw Electric Cooperative, Inc. founded?
- Choctaw Electric Cooperative, Inc. has been in business since 2003.