NonprofitsHeart Of Texas Electric Cooperative Inc

Mutual & Membership Benefit

Heart Of Texas Electric Cooperative Inc

MC GREGOR, TX

Total revenue

$68.7M

Total expenses

$68.7M

Net assets

$79.5M

Grants received

EIN

205724955

Tax year

2024

Mission

To provide electricity to rural areas in texas on a cooperative basis.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$71.3M
Investment income
Other revenue$156K
Total revenue$68.7M

Expenses

Grants paid
Salaries & benefits$1.3M
Fundraising
Other expenses$66.0M
Total expenses$68.7M
Total assets$118.5M
Net assets$79.5M

People

16 listed

NameRoleCompensation

BRANDON YOUNG

GM/CEO

Board

$208K

40 hrs/wk

MICHAEL DANIEL

CFO

Board

$48K

40 hrs/wk

GARLAND COOK

PRESIDENT

Board

$9K

1 hrs/wk

PAUL EDGE

DIRECTOR

Board

$9K

1 hrs/wk

BOBBY NAWARA

SECRETARY/TR

Board

$9K

1 hrs/wk

DAN FOSTER

DIRECTOR

Board

$9K

1 hrs/wk

ALLEN SHOWS

DIRECTOR

Board

$9K

1 hrs/wk

DAMON BONIFACE

DIRECTOR

Board

$9K

1 hrs/wk

KENNETH HOLLAS

DIRECTOR

Board

$9K

1 hrs/wk

LARRY STOCK

VICE-PRESIDE

Board

$9K

1 hrs/wk

KERMIT DREYER

DIRECTOR

Board

$9K

1 hrs/wk

BRYAN CHANDLER

OPERATIONS M

Staff

$139K

40 hrs/wk

JONATHAN WILDE

LINE SUPERIN

Staff

$128K

52.2 hrs/wk

SHAWN ASHCRAFT

JOURNEYMAN L

Staff

$127K

52.4 hrs/wk

RANDY WESTERFIELD

LINE SUPERIN

Staff

$121K

42.8 hrs/wk

TYRELL GREGER

JOURNEYMAN L

Staff

$120K

50.4 hrs/wk

Independent contractors

MARTIN POWERLINE CONSTRUCTION

CONSTRUCTION

$1.6M

935 GROUP LLC

ROW/POLE INSPEC

$1.3M

J BRETON DEVELOPMENT SERVICES LLC

CONSTRUCTION

$833K

FX5 UTILITY CONSTRUCTION LLC

ROW/POLE INSPEC

$165K

Details

EIN205724955
NTEE codeY22
Subsection12
Ruling date2009-06
Formed2007
Employees73
HEART OF TEXAS ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo