NonprofitsNueces Electric Cooperative Inc

Nueces Electric Cooperative Inc

ROBSTOWN, TX

Total revenue

$103.6M

Total expenses

$101.8M

Net assets

$141.7M

Grants received

EIN

740811772

Tax year

2024

Mission

To provide quality and reliable electric service to members at cost on a cooperative basis.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$101.7M
Investment income$1.5M
Other revenue$323K
Total revenue$103.6M

Expenses

Grants paid$75K
Salaries & benefits$7.5M
Fundraising
Other expenses$84.2M
Total expenses$101.8M
Total assets$229.5M
Net assets$141.7M

People

16 listed

NameRoleCompensation

VARZAVAND IRANI

CHIEF EXECUTIVE OFFICER

Board

$372K

50 hrs/wk

SARAH FISHER

COO/ASSISTANT GM (JAN-JUNE)

Board

$198K

40 hrs/wk

ADRIANA PENA

CHIEF FINANCIAL OFFICER

Board

$174K

48 hrs/wk

FRANK WILSON

CHIEF RETAIL OFFICER

Board

$172K

45 hrs/wk

BRIAN MENKING

PRESIDENT

Board

$21K

2.9 hrs/wk

SUSAN STEWART

DIRECTOR

Board

$20K

5.8 hrs/wk

DAVID ROSSE

SECRETARY/TREASURER

Board

$20K

5 hrs/wk

GLADYS LIPPINCOTT

DIRECTOR

Board

$20K

4.1 hrs/wk

RUMALDO JUAREZ

VICE PRESIDENT

Board

$20K

4.9 hrs/wk

GREGG TRUESDALE

DIRECTOR

Board

$17K

2.9 hrs/wk

DONALD WAYNE HERRMANN

DIRECTOR

Board

$16K

5.1 hrs/wk

JUAN RIVERA

JOURNEYMAN LEAD

Staff

$201K

58 hrs/wk

ROBERT HOLLOWAY

JOURNEYMAN LEAD

Staff

$192K

57 hrs/wk

RAYMUNDO PINA

JOURNEYMAN LEAD

Staff

$166K

52 hrs/wk

DERLY CARRIZALEZ

JOURNEYMAN

Staff

$162K

57 hrs/wk

JONATHAN ESPINOZA

JOURNEYMAN

Staff

$156K

53 hrs/wk

Independent contractors

URBAN ELECTRICAL SERVICES INC

LINE CONSTRUCTION

$1.9M

SOUTH TEXAS ELECTRIC CO-OP INC

RETAIL BILLING

$1.1M

SCHAEFER ADVERTISING CO LTD

ADVERTISING

$775K

MOREHEAD DOTTS & ASSOCIATES

ADVERTISING

$744K

ABC PROFESSIONAL TREE SERVICES INC

TREE TRIMMING

$581K

Details

EIN740811772
Subsection12
Ruling date1940-05
Formed1939
Employees90
Volunteers0
NUECES ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo