- Revenue 2024
- $412,258,622
- Expenses 2024
- $412,235,596
As filed
- Subsection
- 12
- Classification
- 4000
- Street
- 950 SIDS RD
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
TO MAXIMIZE THE VALUE OF OUR MEMBERS' INVESTMENT WHILE MAINTAINING COMPETITIVE WHOLESALE POWER COSTS AS WE EXEMPLIFY INTEGRITY AND EXCELLENCE.
Activities or mission (Part I)
TO PROVIDE WHOLESALE POWER SUPPLY AND REGULATORY REPRESENTATION ON BEHALF OF ITS MEMBERS.
-
PROVIDING WHOLESALE ELECTRIC ENERGY TO 4 DISTRIBUTION COOPERATIVE MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL.
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Bill SamuelsBILL SAMUELS
ALTERNATE DIRECTOR
- Total calculated
- $5,594
- From this org
- $5,594
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Howard TillisonHOWARD TILLISON
ALTERNATE DIRECTOR
- Total calculated
- $6,286
- From this org
- $6,286
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Jeff LaneJEFF LANE
SECRETARY/TREASURER
- Total calculated
- $9,600
- From this org
- $9,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2 + 1 related
-
John Ed ShinpaughJOHN ED SHINPAUGH
VICE CHAIRMAN
- Total calculated
- $7,502
- From this org
- $7,502
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2 + 1 related
-
Steve CollidaSTEVE COLLIDA
ALTERNATE DIRECTOR
- Total calculated
- $5,663
- From this org
- $5,663
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
David McGinnisDAVID MCGINNIS
CHAIRMAN
- Total calculated
- $10,750
- From this org
- $10,750
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Paul KirklandPAUL KIRKLAND
ALTERNATE DIRECTOR
- Total calculated
- $5,518
- From this org
- $5,518
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Mark StubbsMARK STUBBS
ALTERNATE DIRECTOR
- Total calculated
- $6,400
- From this org
- $6,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
David NaylorDAVID NAYLOR
PRESIDENT/CHIEF EXECUTIVE
- Total calculated
- $1,097,693
- From this org
- $1,011,974
- From related orgs
- $0
- Other
- $85,719
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $911,685
- Bonus
- $17,308
- Other
- $82,981
- Deferred
- $44,850
- Nontaxable benefits
- $40,869
- Filer's total
- $1,097,693
-
David BraunDAVID BRAUN
CHIEF FINANCIAL OFFICER(JAN-MAR)
- Total calculated
- $384,627
- From this org
- $318,403
- From related orgs
- $0
- Other
- $66,224
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $123,171
- Bonus
- $12,278
- Other
- $182,954
- Deferred
- $40,511
- Nontaxable benefits
- $25,713
- Filer's total
- $384,627
-
Christopher AndersonCHRISTOPHER ANDERSON
GENERAL COUNSEL
- Total calculated
- $618,895
- From this org
- $533,176
- From related orgs
- $0
- Other
- $85,719
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $514,493
- Bonus
- $10,577
- Other
- $8,106
- Deferred
- $44,850
- Nontaxable benefits
- $40,869
- Filer's total
- $618,895
-
Stephen GeigerSTEPHEN GEIGER
CHIEF OPERATING OFFICER
- Total calculated
- $677,309
- From this org
- $591,590
- From related orgs
- $0
- Other
- $85,719
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $532,662
- Bonus
- $10,894
- Other
- $48,034
- Deferred
- $44,850
- Nontaxable benefits
- $40,869
- Filer's total
- $677,309
-
Chase SnufferCHASE SNUFFER
CHIEF INFORMATION OFFICER
- Total calculated
- $638,208
- From this org
- $552,489
- From related orgs
- $0
- Other
- $85,719
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $516,055
- Bonus
- $10,577
- Other
- $25,857
- Deferred
- $44,850
- Nontaxable benefits
- $40,869
- Filer's total
- $638,208
-
Stephanie WeeksSTEPHANIE WEEKS
CHIEF FINANCIAL OFFICER (MAR-DEC)
- Total calculated
- $511,113
- From this org
- $427,503
- From related orgs
- $0
- Other
- $83,610
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $404,985
- Bonus
- $9,399
- Other
- $13,119
- Deferred
- $44,850
- Nontaxable benefits
- $38,760
- Filer's total
- $511,113
-
Christian NagleCHRISTIAN NAGLE
DIRECTOR OF POWER SUPPLY
- Total calculated
- $445,982
- From this org
- $361,845
- From related orgs
- $0
- Other
- $84,137
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $353,463
- Bonus
- $7,212
- Other
- $1,170
- Deferred
- $44,850
- Nontaxable benefits
- $39,287
- Filer's total
- $445,982
-
Donald CantrellDONALD CANTRELL
DIRECTOR OF POWER PLANT OPERATIONS
- Total calculated
- $418,050
- From this org
- $335,620
- From related orgs
- $0
- Other
- $82,430
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $327,302
- Bonus
- $6,510
- Other
- $1,808
- Deferred
- $43,396
- Nontaxable benefits
- $39,034
- Filer's total
- $418,050
-
Jennifer PulliamJENNIFER PULLIAM
ASST. GENERAL COUNSEL
- Total calculated
- $378,066
- From this org
- $300,469
- From related orgs
- $0
- Other
- $77,597
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $293,510
- Bonus
- $5,886
- Other
- $1,073
- Deferred
- $38,922
- Nontaxable benefits
- $38,675
- Filer's total
- $378,066
-
Frank OwensFRANK OWENS
DIRECTOR OF COMPLIANCE
- Total calculated
- $306,442
- From this org
- $238,358
- From related orgs
- $0
- Other
- $68,084
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $228,373
- Bonus
- $4,580
- Other
- $5,405
- Deferred
- $30,284
- Nontaxable benefits
- $37,800
- Filer's total
- $306,442
-
Scott DonhamSCOTT DONHAM
ENGINEERING MANAGER
- Total calculated
- $298,568
- From this org
- $231,671
- From related orgs
- $0
- Other
- $66,897
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $202,711
- Bonus
- $4,032
- Other
- $24,928
- Deferred
- $29,472
- Nontaxable benefits
- $37,425
- Filer's total
- $298,568
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $412,258,622
- Expenses
- $412,235,596
- Contributions
- $0
- Grants paid
- $55,190
-
2023
- Revenue
- $682,998,996
- Expenses
- $682,961,891
- Contributions
- $0
- Grants paid
- $65,679
-
2022
- Revenue
- $563,041,177
- Expenses
- $563,024,485
- Contributions
- $0
- Grants paid
- $34,439
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $1,364,282,442
- Expenses
- $1,364,265,750
- Assets (EOY)
- $1,455,657,159
-
2020 · 990
- Revenue
- $326,343,591
- Expenses
- $326,244,626
- Assets (EOY)
- $478,936,506
-
2019 · 990
- Revenue
- $369,113,869
- Expenses
- $369,085,087
- Assets (EOY)
- $450,181,484
-
2018 · 990
- Revenue
- $369,765,877
- Expenses
- $369,758,128
- Assets (EOY)
- $358,704,209
-
2017 · 990
- Revenue
- $324,317,466
- Expenses
- $317,136,261
- Assets (EOY)
- $309,479,798
-
2016 · 990
- Revenue
- $318,810,074
- Expenses
- $325,957,145
- Assets (EOY)
- $304,627,274
-
2015 · 990
- Revenue
- $327,190,387
- Expenses
- $327,157,964
- Assets (EOY)
- $310,680,184
-
2014 · 990
- Revenue
- $340,234,391
- Expenses
- $340,224,201
- Assets (EOY)
- $317,304,876
-
2013 · 990
- Revenue
- $301,321,493
- Expenses
- $301,320,402
- Assets (EOY)
- $325,053,011
-
2012 · 990
- Revenue
- not reported
- Expenses
- $262,019,005
- Assets (EOY)
- $316,044,205
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
TEXAS ELECTRIC COOPERATIVES
$18,900
2023 YOUTH TOUR SPONSORSHIP - 5 STUDENTS
-
TEXAS ELECTRIC COOPERATIVES
$15,900
2024 YOUTH TOUR SPONSORSHIP - 5 STUDENTS
-
$10,000
2022 ENERGY 2040 COMMITMENT
-
2022 BEE-HAPPY DAY PROGRAM GOLF TOURNAMENT CHARITY EVENT
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
501(C)(3) · CHARITABLE ORGANIZATION · TX · controlled entity
Declared as related by
-
NATIONAL RURAL ELECTRIC COOPERATIVE
On its 2024 return
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Related corporations and trusts on its 2024 return
-
C · POWER GENERATION · TX · 100% owned · share of income $154,941,000 · share of assets $452,740,535 · controlled entity
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.