NonprofitsPanola-Harrison Electric

Panola-Harrison Electric

MARSHALL, TX

Total revenue

$38.0M

Total expenses

$38.0M

Net assets

$41.9M

Grants received

EIN

750481385

Tax year

2024

Mission

Distribution of electricity and related services to rural customers / members

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$37.4M
Investment income$180K
Other revenue$403K
Total revenue$38.0M

Expenses

Grants paid
Salaries & benefits$5.2M
Fundraising
Other expenses$33.1M
Total expenses$38.0M
Total assets$70.8M
Net assets$41.9M

People

14 listed

NameRoleCompensation

M AUSTIN HAYNES

GENERAL MANAGER

Board

$185K

50 hrs/wk

ALBERT S TILLER

PRESIDENT / DIRECTOR

Board

$35K

7 hrs/wk

JAY GOSWICK

VICE PRESIDENT/DIRECTOR

Board

$30K

3 hrs/wk

PAUL FORTUNE

SECRETARY/TREASURER/DIRECTOR

Board

$28K

2 hrs/wk

H GENE STOUGH JR

DIRECTOR

Board

$27K

1 hrs/wk

ROBERT ORTIGO

DIRECTOR

Board

$15K

0

DEBBIE BURCH

DIRECTOR

Board

$9K

2 hrs/wk

JERRY L HOLMES

DIRECTOR

Board

$6K

0

ROGER CONNELL

DIRECTOR

Board

$620

0

CODIE STEWART

SERVICEMAN/SERVICE LINEMAN

Staff

$152K

50 hrs/wk

JAY KING

SERVICEMAN/SERVICE LINEMAN

Staff

$141K

50 hrs/wk

PAUL DAVIDSON

CREW FOREMAN

Staff

$133K

50 hrs/wk

JACOB PITTS

SERVICEMAN/SERVICE LINEMAN

Staff

$129K

50 hrs/wk

TONY RATCLIFF

LINEMAN

Staff

$129K

50 hrs/wk

Independent contractors

BREXAN LINE SERVICE

CONTRACTOR

$2.3M

TALL PINE ROW MAINTENANCE

RIGHT-OF-WAY MAINTENANCE

$1.3M

RE-CON COMPANY

ASSISTANCE WITH SUBSTATION UPGRADES

$705K

POWER ENGINEERS INC

ENGINEERING CONSULTANTS

$523K

Details

EIN750481385
Subsection12
Ruling date1941-07
Formed1937
Employees41
Volunteers0
PANOLA-HARRISON ELECTRIC — Mission, Financials & Grants Received | Grantivo