NonprofitsDenton County Electric Cooperative Inc

Denton County Electric Cooperative Inc

CORINTH, TX

Total revenue

$861.7M

Total expenses

$860.6M

Net assets

$848.6M

Grants received

EIN

750233075

Tax year

2024

Mission

To provide electric power to members at cost on a cooperative basis.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$858.0M
Investment income$1.9M
Other revenue$1.8M
Total revenue$861.7M

Expenses

Grants paid$87K
Salaries & benefits$54.0M
Fundraising
Other expenses$768.7M
Total expenses$860.6M
Total assets$2.3B
Net assets$848.6M

People

21 listed

NameRoleCompensation

DONALD CLARY

PRESIDENT & CEO

Board

$1.1M

50 hrs/wk

BRENT BISHOP

SENIOR VP & CFO

Board

$387K

45 hrs/wk

DENISE SMITHERS

SENIOR VP - CUSTOMER CARE/ENGMENT

Board

$386K

45 hrs/wk

GREG WARD

SENIOR VP - ENERGY INFRASTRUCTURE

Board

$370K

50 hrs/wk

JEFFREY MCNEAL

SENIOR VP - INFORMATION TECHNOLOGY

Board

$369K

50 hrs/wk

GARY FRANZEN

SENIOR VP - ENERGY RESOURCES

Board

$367K

50 hrs/wk

PHILIP HASSELL

SENIOR VP - FIELD OPERATIONS

Board

$350K

42 hrs/wk

DYAN JAMES

SENIOR VP - CORPORATE SERVICES

Board

$348K

45 hrs/wk

TRISHA SHEFFIELD

CHAIR

Board

$46K

10.3 hrs/wk

CHRISTOPHER MCCRAW

DIRECTOR

Board

$45K

9.3 hrs/wk

JARETT ADAIR

SECRETARY/TREASURER

Board

$44K

9 hrs/wk

WILLIAM KOLLAR

DIRECTOR

Board

$42K

8.9 hrs/wk

WILLIAM RAGSDALE

VICE CHAIR

Board

$40K

7.8 hrs/wk

RICHARD MUIR

DIRECTOR (JAN-OCT)

Board

$35K

7.5 hrs/wk

LEON PELZEL

DIRECTOR (JAN-AUG)

Board

$25K

7 hrs/wk

LYNN STUCKY

DIRECTOR (OCT-DEC)

Board

$4K

9.6 hrs/wk

PETER NYLEC

DIRECTOR OF ENGINEERING

Staff

$256K

45 hrs/wk

HEATHER MIZE

DIRECTOR OF HUMAN RESOURCES (JAN-SEP)

Staff

$243K

45 hrs/wk

CHARLES TURNER

ADVISOR TO THE CFO

Staff

$241K

40 hrs/wk

JACKIE GRASS

DIRECTOR OF UTILITY ACCOUNTING

Staff

$228K

45 hrs/wk

CHAD LUIG

DIRECTOR OF FINANCE

Staff

$221K

45 hrs/wk

Independent contractors

PRIMORIS T&D SERVICES LLC

UTILITY LINE CONTRACTOR

$12.9M

TEXAS STATE UTILITIES INC

UTILITY LINE CONTRACTOR

$8.7M

PCI UTILITIES LLC

UTILITY LINE CONTRACTOR

$7.1M

STANDARD UTILITY CONSTRUCTION

UTILITY LINE CONTRACTOR

$6.7M

NATIONAL INFORMATION SOLUTIONS COOP

SOFTWARE AND BILLING

$3.8M

Details

EIN750233075
Subsection12
Ruling date1938-12
Formed1938
Employees543
Volunteers0
DENTON COUNTY ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo