- Revenue 2024
- $114,366,638
- Expenses 2024
- $114,274,372
As filed
- Subsection
- 12
- Classification
- 4000
- Street
- PO BOX 667
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
LIGHTING THE GRID TO EMPOWER OUR MEMBERS.
Activities or mission (Part I)
TO PROVIDE ELECTRIC, BROADBAND INTERNET AND OTHER RELATED GOODS AND SERVICES TO OUR MEMBERS.
-
ELECTRIC DIVISION:PROVIDING ELECTRIC ENERGY TO OUR MEMBERS AT COST ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 42,023 ACTIVE SERVICES AT YEAR END.
-
FIBER DIVISION:PROVIDING FIBER OPTIC BROADBAND INTERNET SERVICES TO MEMBERS ON A PATRONAGE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 13,617 BROADBAND SUBSCRIBERS AT YEAR END.
-
ENERGY SERVICES DIVISION:PROVIDING SOLAR ENERGY AND ENERGY MANAGEMENT SOLUTIONS TO MEMBERS ON A PATRONAGE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL WHEN CUMULATIVE NET MARGINS FROM THESE SERVICES EXCEEDS CUMULATIVE LOSSES. THERE WERE 870 SUBSCRIBERS AT YEAR END.
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.
-
Annegreth NiemannANNEGRETH NIEMANN
DIRECTOR
- Total calculated
- $34,725
- From this org
- $34,725
- From related orgs
- $0
- Other
- $0
- Hours/week
- 12.5
-
Chris BlakemoreCHRIS BLAKEMORE
DIRECTOR
- Total calculated
- $35,500
- From this org
- $35,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6.9
-
Jeffery SlocumJEFFERY SLOCUM
DIRECTOR
- Total calculated
- $28,500
- From this org
- $28,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6
-
Jeremy DillerJEREMY DILLER
VICE CHAIRMAN
- Total calculated
- $34,000
- From this org
- $34,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6.8
-
Kurt SolisKURT SOLIS
SECRETARY/TREASURER
- Total calculated
- $31,100
- From this org
- $31,100
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5.5
-
Frances LaueFRANCES LAUE
DIRECTOR
- Total calculated
- $30,000
- From this org
- $30,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6.3
-
Michael EdwardsMICHAEL EDWARDS
CHAIRMAN
- Total calculated
- $31,700
- From this org
- $31,700
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.8
-
Richard EarnestRICHARD EARNEST
DIRECTOR
- Total calculated
- $28,000
- From this org
- $28,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5.4
-
Robert AguirreROBERT AGUIRRE
DIRECTOR
- Total calculated
- $31,000
- From this org
- $31,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6
-
William HetheringtonWILLIAM HETHERINGTON
CHIEF EXECUTIVE OFFICER/GM
- Total calculated
- $965,536
- From this org
- $817,452
- From related orgs
- $0
- Other
- $148,084
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $387,456
- Bonus
- $406,418
- Other
- $23,578
- Deferred
- $121,534
- Nontaxable benefits
- $26,550
- Filer's total
- $965,536
-
Stephanie PankratzSTEPHANIE PANKRATZ
CHIEF FINANCIAL OFFICER
- Total calculated
- $255,248
- From this org
- $224,698
- From related orgs
- $0
- Other
- $30,550
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $202,980
- Bonus
- $20,958
- Other
- $760
- Deferred
- $9,302
- Nontaxable benefits
- $21,248
- Filer's total
- $255,248
-
Shane SchmidtSHANE SCHMIDT
CHIEF OPERATIONS OFFICER
- Total calculated
- $421,251
- From this org
- $343,468
- From related orgs
- $0
- Other
- $77,783
- Hours/week
- 52
Schedule J breakdown matched by us
- Base
- $293,336
- Bonus
- $48,754
- Other
- $1,378
- Deferred
- $45,013
- Nontaxable benefits
- $32,770
- Filer's total
- $421,251
-
John PadalinoJOHN PADALINO
GENERAL COUNSEL/CHIEF ADMIN OFFICER
- Total calculated
- $446,304
- From this org
- $366,292
- From related orgs
- $0
- Other
- $80,012
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $310,521
- Bonus
- $54,063
- Other
- $1,708
- Deferred
- $48,922
- Nontaxable benefits
- $31,090
- Filer's total
- $446,304
-
John RushJOHN RUSH
DIRECTOR OF ELECTRIC OPERATIONS
- Total calculated
- $297,508
- From this org
- $218,967
- From related orgs
- $0
- Other
- $78,541
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $182,453
- Bonus
- $30,888
- Other
- $5,626
- Deferred
- $51,441
- Nontaxable benefits
- $27,100
- Filer's total
- $297,508
-
Thilo JanssenTHILO JANSSEN
DIRECTOR OF ENGINEERING
- Total calculated
- $257,533
- From this org
- $193,999
- From related orgs
- $0
- Other
- $63,534
- Hours/week
- 52
Schedule J breakdown matched by us
- Base
- $163,452
- Bonus
- $29,403
- Other
- $1,144
- Deferred
- $37,434
- Nontaxable benefits
- $26,100
- Filer's total
- $257,533
-
Allen MarshallALLEN MARSHALL
DIRECTOR OF BROADBAND OPERATIONS
- Total calculated
- $234,621
- From this org
- $179,185
- From related orgs
- $0
- Other
- $55,436
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $164,311
- Bonus
- $14,145
- Other
- $729
- Deferred
- $27,901
- Nontaxable benefits
- $27,535
- Filer's total
- $234,621
-
Michael ShultsMICHAEL SHULTS
NETWORK OPERATIONS MANAGER
- Total calculated
- $207,992
- From this org
- $163,624
- From related orgs
- $0
- Other
- $44,368
- Hours/week
- 46
Schedule J breakdown matched by us
- Base
- $148,831
- Bonus
- $14,145
- Other
- $648
- Deferred
- $19,308
- Nontaxable benefits
- $25,060
- Filer's total
- $207,992
-
Johnny OlibasJOHNNY OLIBAS
DIRECTOR OF INFORMATION TECHNOLOGY
- Total calculated
- $232,629
- From this org
- $161,125
- From related orgs
- $0
- Other
- $71,504
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $103,227
- Bonus
- $35,625
- Other
- $22,273
- Deferred
- $52,357
- Nontaxable benefits
- $19,147
- Filer's total
- $232,629
-
Mark BusbyMARK BUSBY
T&D OPERATIONS MANAGER
- Total calculated
- $279,961
- From this org
- $154,676
- From related orgs
- $0
- Other
- $125,285
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $140,563
- Bonus
- $11,824
- Other
- $2,289
- Deferred
- $91,395
- Nontaxable benefits
- $33,890
- Filer's total
- $279,961
-
John HernandezJOHN HERNANDEZ
LINE FOREMAN
- Total calculated
- $230,096
- From this org
- $163,762
- From related orgs
- $0
- Other
- $66,334
- Hours/week
- 51
Schedule J breakdown matched by us
- Base
- $154,502
- Bonus
- $7,605
- Other
- $1,655
- Deferred
- $39,784
- Nontaxable benefits
- $26,550
- Filer's total
- $230,096
-
William DownumWILLIAM DOWNUM
LINE FOREMAN
- Total calculated
- $194,986
- From this org
- $153,184
- From related orgs
- $0
- Other
- $41,802
- Hours/week
- 48
Schedule J breakdown matched by us
- Base
- $146,625
- Bonus
- $6,087
- Other
- $472
- Deferred
- $17,332
- Nontaxable benefits
- $24,470
- Filer's total
- $194,986
-
Garrett ClarkGARRETT CLARK
LINE FOREMAN
- Total calculated
- $199,700
- From this org
- $151,554
- From related orgs
- $0
- Other
- $48,146
- Hours/week
- 49
Schedule J breakdown matched by us
- Base
- $144,815
- Bonus
- $6,159
- Other
- $580
- Deferred
- $17,056
- Nontaxable benefits
- $31,090
- Filer's total
- $199,700
-
Billy SimpsonBILLY SIMPSON
MANAGER OF PRODUCTS & SERV
- Total calculated
- $200,901
- From this org
- $148,862
- From related orgs
- $0
- Other
- $52,039
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $136,351
- Bonus
- $11,983
- Other
- $528
- Deferred
- $20,949
- Nontaxable benefits
- $31,090
- Filer's total
- $200,901
-
Joseph SauceJOSEPH SAUCE
INFORMATION TECHNOLOGY MANAGER
- Total calculated
- $169,941
- From this org
- $143,810
- From related orgs
- $0
- Other
- $26,131
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $137,615
- Bonus
- $5,454
- Other
- $741
- Deferred
- $12,069
- Nontaxable benefits
- $14,062
- Filer's total
- $169,941
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
- $114,366,638
- Expenses
- $114,274,372
- Contributions
- $0
- Grants paid
- $101,968
-
2023
- Revenue
- $110,428,725
- Expenses
- $110,134,246
- Contributions
- $0
- Grants paid
- $93,030
-
2022
- Revenue
- $101,364,554
- Expenses
- $103,436,072
- Contributions
- $0
- Grants paid
- $113,924
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
- $89,188,257
- Expenses
- $89,743,428
- Assets (EOY)
- $290,540,608
-
2020 · 990
- Revenue
- $81,183,694
- Expenses
- $81,387,836
- Assets (EOY)
- $270,892,866
-
2019 · 990
- Revenue
- $80,569,947
- Expenses
- $80,356,378
- Assets (EOY)
- $245,266,579
-
2018 · 990
- Revenue
- $74,737,443
- Expenses
- $74,854,330
- Assets (EOY)
- $205,162,185
-
2017 · 990
- Revenue
- $68,165,392
- Expenses
- $68,674,357
- Assets (EOY)
- $171,792,444
-
2016 · 990
- Revenue
- $60,033,432
- Expenses
- $60,017,539
- Assets (EOY)
- $160,704,961
-
2015 · 990
- Revenue
- $64,392,917
- Expenses
- $64,362,130
- Assets (EOY)
- $160,237,489
-
2014 · 990
- Revenue
- $74,869,906
- Expenses
- $74,869,906
- Assets (EOY)
- $168,007,330
-
2013 · 990
- Revenue
- $62,818,004
- Expenses
- $62,818,004
- Assets (EOY)
- $166,169,241
-
2012 · 990
- Revenue
- not reported
- Expenses
- $60,104,648
- Assets (EOY)
- $162,402,670
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
-
$25,000
2022 FOUNDING PARTNER CONTRIBUTION
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
-
BANDERA ELECTRIC CHARITABLE FOUNDATION
501(C)(3) · OPERATION ROUND-UP · TX · controlled entity
Declared as related by
-
NATIONAL RURAL ELECTRIC COOPERATIVE
On its 2024 return
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.