NonprofitsKarnes Electric Cooperative Inc

Karnes Electric Cooperative Inc

KARNES CITY, TX

Total revenue

$129.5M

Total expenses

$128.5M

Net assets

$186.9M

Grants received

EIN

740720615

Tax year

2024

Mission

To provide quality and reliable electric service to members of the cooperative.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$128.9M
Investment income$443K
Other revenue$115K
Total revenue$129.5M

Expenses

Grants paid$60K
Salaries & benefits$8.8M
Fundraising
Other expenses$111.5M
Total expenses$128.5M
Total assets$232.9M
Net assets$186.9M

People

13 listed

NameRoleCompensation

ERIC HALFMANN

GENERAL MANAGER

Board

$212K

60 hrs/wk

CLIF ROYAL

VICE PRESIDENT

Board

$30K

1.7 hrs/wk

ROSS NIESCHWITZ

DIRECTOR

Board

$30K

0.8 hrs/wk

PAUL BRYSCH JR

PRESIDENT

Board

$29K

5.7 hrs/wk

FRANK GEYER JR

ASST SECRETARY/TREASURER

Board

$26K

6.1 hrs/wk

LARRY SCHENDEL

SECRETARY/TREASURER

Board

$18K

3.6 hrs/wk

SCOTT MCCLAUGHERTY

DIRECTOR

Board

$12K

2 hrs/wk

BOYD VAUGHAN

DIRECTOR (MAR-DEC)

Board

$5K

2.3 hrs/wk

RANDY ORTIZ

SERVICEMAN

Staff

$187K

55 hrs/wk

PAUL RODRIGUEZ

SERVICEMAN

Staff

$183K

56 hrs/wk

JOE ESCANDON

CONSTRUCTION FOREMAN

Staff

$175K

48 hrs/wk

PATRICK JANYSEK

CONSTUCTION MANAGER

Staff

$175K

40 hrs/wk

JESSE BENAVIDES

OPERATIONS MANAGER

Staff

$171K

40 hrs/wk

Independent contractors

SENDERO POWER LINE CONSTRUCTION INC

UTILITY CONSTRUCTION

$3.3M

JAMES POWER LINE CONSTRUCTION INC

UTILITY CONSTRUCTION

$2.4M

IVM SOLUTIONS

ROW CLEARING

$1.7M

SCHNEIDER ENGINEERING

ENGINEERING

$1.0M

OSMOSE UTILITIES

POLE INSPECTIONS

$370K

Details

EIN740720615
Subsection12
Ruling date1940-12
Formed1938
Employees98
Volunteers0
KARNES ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo