Bandera Electric Cooperative Inc
BANDERA, TX
Total revenue
$114.4M
Total expenses
$114.3M
Net assets
$115.7M
Grants received
—
EIN
740498072
Tax year
2024
Mission
To provide electric, broadband internet and other related goods and services to our members.
Programs
2 programs
Fiber division:providing fiber optic broadband internet services to members on a patronage basis through the allocation of patronage capital. There were 13,617 broadband subscribers at year end.
Energy services division:providing solar energy and energy management solutions to members on a patronage basis through the allocation of patronage capital when cumulative net margins from these services exceeds cumulative losses. There were 870 subscribers at year end.
Financials
FY 2024
Revenue
Expenses
People
24 listed
WILLIAM HETHERINGTON
CHIEF EXECUTIVE OFFICER/GM
$817K
50 hrs/wk
JOHN PADALINO
GENERAL COUNSEL/CHIEF ADMIN OFFICER
$366K
60 hrs/wk
SHANE SCHMIDT
CHIEF OPERATIONS OFFICER
$343K
52 hrs/wk
STEPHANIE PANKRATZ
CHIEF FINANCIAL OFFICER
$225K
45 hrs/wk
CHRIS BLAKEMORE
DIRECTOR
$36K
6.9 hrs/wk
ANNEGRETH NIEMANN
DIRECTOR
$35K
12.5 hrs/wk
JEREMY DILLER
VICE CHAIRMAN
$34K
6.8 hrs/wk
MICHAEL EDWARDS
CHAIRMAN
$32K
4.8 hrs/wk
KURT SOLIS
SECRETARY/TREASURER
$31K
5.5 hrs/wk
ROBERT AGUIRRE
DIRECTOR
$31K
6 hrs/wk
FRANCES LAUE
DIRECTOR
$30K
6.3 hrs/wk
JEFFERY SLOCUM
DIRECTOR
$29K
6 hrs/wk
RICHARD EARNEST
DIRECTOR
$28K
5.4 hrs/wk
JOHN RUSH
DIRECTOR OF ELECTRIC OPERATIONS
$219K
50 hrs/wk
THILO JANSSEN
DIRECTOR OF ENGINEERING
$194K
52 hrs/wk
ALLEN MARSHALL
DIRECTOR OF BROADBAND OPERATIONS
$179K
50 hrs/wk
JOHN HERNANDEZ
LINE FOREMAN
$164K
51 hrs/wk
MICHAEL SHULTS
NETWORK OPERATIONS MANAGER
$164K
46 hrs/wk
JOHNNY OLIBAS
DIRECTOR OF INFORMATION TECHNOLOGY
$161K
40 hrs/wk
MARK BUSBY
T&D OPERATIONS MANAGER
$155K
50 hrs/wk
WILLIAM DOWNUM
LINE FOREMAN
$153K
48 hrs/wk
GARRETT CLARK
LINE FOREMAN
$152K
49 hrs/wk
BILLY SIMPSON
MANAGER OF PRODUCTS & SERV
$149K
50 hrs/wk
JOSEPH SAUCE
INFORMATION TECHNOLOGY MANAGER
$144K
45 hrs/wk
Independent contractors
BURNS & MCDONNELL ENGINEERING CO INC
ENGINEERING SERVICES
DAS UNDERGROUND UTILITIES LLC
UNDERGROUND CONSTRUCTION
PANNELL CONTRACTING LLC
RIGHT OF WAY CLEARING
JAMES POWER LINE
POWER LINE CONSTRUCTION
HAUER BROTHERS AC & HEATING LLC
AIR CONDITIONER/HEATING