NonprofitsRita Blanca Electric Cooperative Inc

Rita Blanca Electric Cooperative Inc

DALHART, TX

Total revenue

$64.0M

Total expenses

$64.0M

Net assets

$130.2M

Grants received

EIN

750712525

Tax year

2024

Mission

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

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$62.7M
Investment income$1.3M
Other revenue$4K
Total revenue$64.0M

Expenses

Grants paid$8K
Salaries & benefits$3.8M
Fundraising
Other expenses$47.4M
Total expenses$64.0M
Total assets$161.9M
Net assets$130.2M

People

18 listed

NameRoleCompensation

GRACE SUBEALDEA

CEO/GENERAL MANAGER

Board

$243K

50 hrs/wk

TAMMY RINNE

INSIDE OPERATIONS MANAGER

Board

$153K

40 hrs/wk

PRESTON MEAD

OUTSIDE OPERATIONS MANAGER

Board

$126K

40 hrs/wk

ERIK BADILLO

IT/OT MANAGER

Board

$119K

50 hrs/wk

WADE LENZ

DIRECTOR

Board

$33K

2.5 hrs/wk

BRAD GREEN

DIRECTOR

Board

$30K

1.8 hrs/wk

BRENT SPURLOCK

SECRETARY/TREASURER

Board

$30K

3 hrs/wk

CARL D FINCH

CHAIRMAN

Board

$30K

5 hrs/wk

BRADLEY MCBRYDE

VICE CHAIRMAN

Board

$30K

4 hrs/wk

SHAD MCDANIEL

DIRECTOR

Board

$27K

3.3 hrs/wk

DAWSON HIGGINS

DIRECTOR

Board

$25K

5 hrs/wk

DARREN STALLWITZ

DIRECTOR

Board

$25K

3 hrs/wk

CHRIS SHELDON

DIRECTOR

Board

$25K

2 hrs/wk

SHAUN SCOFIELD

LINE SUPERVISOR

Staff

$149K

40 hrs/wk

LARRY ARAGON

LINEMAN

Staff

$138K

40 hrs/wk

JOHN POPE

SUPERVISOR

Staff

$135K

40 hrs/wk

TRENT NEWMAN

FOREMAN

Staff

$130K

40 hrs/wk

DAWN STEPHENS

EXECUTIVE ASSISTANT

Staff

$127K

40 hrs/wk

Independent contractors

COOKE ELECTRICAL CONTRACTING INC

ELECTRICAL CONTRACTOR

$1.2M

MCNABB ENTERPRISES LLC

CONSTRUCTION CONTRACTOR

$1.1M

PANHANDLE LINE SERVICE INC

ELECTRICAL CONTRACTOR

$358K

BURNS AND MCDONNELL

ENGINEERING CONTRACTOR

$237K

VIZ ENGINEERING LLC

ENGINEERING CONTRACTOR

$183K

Details

EIN750712525
Subsection12
Ruling date1950-06
Formed1945
Employees45
Volunteers0
RITA BLANCA ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo