- Revenue 2024
- $861,693,075
- Expenses 2024
- $860,619,539
As filed
- Subsection
- 12
- Classification
- 1000
- Street
- 7701 SOUTH STEMMONS
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 DELIVER EXCELLENT SERVICE TO OUR MEMBERS AND CUSTOMERS BY PROVIDING SAFE AND RELIABLE ENERGY SOLUTIONS.
Activities or mission (Part I)
TO PROVIDE ELECTRIC POWER TO MEMBERS AT COST ON A COOPERATIVE BASIS.
-
SALES OF ELECTRICITY AND RELATED SERVICES TO MEMBERS WERE PROVIDED AT COST ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THE COOPERATIVE PROVIDED ELECTRICITY TO 323,783 ACTIVE MEMBER SERVICES 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.
-
William RagsdaleWILLIAM RAGSDALE
VICE CHAIR
- Total calculated
- $39,900
- From this org
- $39,900
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7.8
-
Christopher McCrawCHRISTOPHER MCCRAW
DIRECTOR
- Total calculated
- $44,900
- From this org
- $44,900
- From related orgs
- $0
- Other
- $0
- Hours/week
- 9.3
-
Trisha SheffieldTRISHA SHEFFIELD
CHAIR
- Total calculated
- $46,400
- From this org
- $46,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10.3
-
Leon PelzelLEON PELZEL
DIRECTOR (JAN-AUG)
- Total calculated
- $24,600
- From this org
- $24,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7
-
Richard MuirRICHARD MUIR
DIRECTOR (JAN-OCT)
- Total calculated
- $34,950
- From this org
- $34,950
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7.5
-
Jarett AdairJARETT ADAIR
SECRETARY/TREASURER
- Total calculated
- $43,900
- From this org
- $43,900
- From related orgs
- $0
- Other
- $0
- Hours/week
- 9
-
William KollarWILLIAM KOLLAR
DIRECTOR
- Total calculated
- $41,990
- From this org
- $41,990
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8.9
-
Lynn StuckyLYNN STUCKY
DIRECTOR (OCT-DEC)
- Total calculated
- $4,450
- From this org
- $4,450
- From related orgs
- $0
- Other
- $0
- Hours/week
- 9.6
-
Donald ClaryDONALD CLARY
PRESIDENT & CEO
- Total calculated
- $1,277,565
- From this org
- $1,068,113
- From related orgs
- $0
- Other
- $209,452
- Hours/week
- 50 + 1 related
Schedule J breakdown matched by us
- Base
- $681,474
- Bonus
- $50,000
- Other
- $336,639
- Deferred
- $167,915
- Nontaxable benefits
- $41,537
- Filer's total
- $1,277,565
-
Denise SmithersDENISE SMITHERS
SENIOR VP - CUSTOMER CARE/ENGMENT
- Total calculated
- $521,454
- From this org
- $385,948
- From related orgs
- $0
- Other
- $135,506
- Hours/week
- 45 + 2 related
Schedule J breakdown matched by us
- Base
- $340,093
- Bonus
- $26,868
- Other
- $18,987
- Deferred
- $93,969
- Nontaxable benefits
- $41,537
- Filer's total
- $521,454
-
Brent BishopBRENT BISHOP
SENIOR VP & CFO
- Total calculated
- $509,585
- From this org
- $387,075
- From related orgs
- $0
- Other
- $122,510
- Hours/week
- 45 + 2 related
Schedule J breakdown matched by us
- Base
- $344,746
- Bonus
- $26,597
- Other
- $15,732
- Deferred
- $75,210
- Nontaxable benefits
- $47,300
- Filer's total
- $509,585
-
Greg WardGREG WARD
SENIOR VP - ENERGY INFRASTRUCTURE
- Total calculated
- $491,840
- From this org
- $370,125
- From related orgs
- $0
- Other
- $121,715
- Hours/week
- 50 + 1 related
Schedule J breakdown matched by us
- Base
- $328,290
- Bonus
- $26,103
- Other
- $15,732
- Deferred
- $71,619
- Nontaxable benefits
- $50,096
- Filer's total
- $491,840
-
Jeffrey McNealJEFFREY MCNEAL
SENIOR VP - INFORMATION TECHNOLOGY
- Total calculated
- $480,132
- From this org
- $369,318
- From related orgs
- $0
- Other
- $110,814
- Hours/week
- 50 + 1 related
Schedule J breakdown matched by us
- Base
- $328,398
- Bonus
- $26,250
- Other
- $14,670
- Deferred
- $61,179
- Nontaxable benefits
- $49,635
- Filer's total
- $480,132
-
Dyan JamesDYAN JAMES
SENIOR VP - CORPORATE SERVICES
- Total calculated
- $424,085
- From this org
- $347,832
- From related orgs
- $0
- Other
- $76,253
- Hours/week
- 45 + 3 related
Schedule J breakdown matched by us
- Base
- $309,534
- Bonus
- $24,536
- Other
- $13,762
- Deferred
- $38,461
- Nontaxable benefits
- $37,792
- Filer's total
- $424,085
-
Philip HassellPHILIP HASSELL
SENIOR VP - FIELD OPERATIONS
- Total calculated
- $565,581
- From this org
- $349,596
- From related orgs
- $0
- Other
- $215,985
- Hours/week
- 42 + 1 related
Schedule J breakdown matched by us
- Base
- $309,286
- Bonus
- $24,536
- Other
- $15,774
- Deferred
- $175,312
- Nontaxable benefits
- $40,673
- Filer's total
- $565,581
-
Gary FranzenGARY FRANZEN
SENIOR VP - ENERGY RESOURCES
- Total calculated
- $516,487
- From this org
- $366,659
- From related orgs
- $0
- Other
- $149,828
- Hours/week
- 50 + 1 related
Schedule J breakdown matched by us
- Base
- $332,020
- Bonus
- $24,683
- Other
- $9,956
- Deferred
- $100,360
- Nontaxable benefits
- $49,468
- Filer's total
- $516,487
-
Charles TurnerCHARLES TURNER
ADVISOR TO THE CFO
- Total calculated
- $323,208
- From this org
- $241,305
- From related orgs
- $0
- Other
- $81,903
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $210,589
- Bonus
- $23,133
- Other
- $7,583
- Deferred
- $47,380
- Nontaxable benefits
- $34,523
- Filer's total
- $323,208
-
Peter NylecPETER NYLEC
DIRECTOR OF ENGINEERING
- Total calculated
- $305,783
- From this org
- $256,132
- From related orgs
- $0
- Other
- $49,651
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $223,432
- Bonus
- $18,410
- Other
- $14,290
- Deferred
- $19,067
- Nontaxable benefits
- $30,584
- Filer's total
- $305,783
-
Jackie GrassJACKIE GRASS
DIRECTOR OF UTILITY ACCOUNTING
- Total calculated
- $297,543
- From this org
- $228,119
- From related orgs
- $0
- Other
- $69,424
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $203,120
- Bonus
- $22,529
- Other
- $2,470
- Deferred
- $36,854
- Nontaxable benefits
- $32,570
- Filer's total
- $297,543
-
Chad LuigCHAD LUIG
DIRECTOR OF FINANCE
- Total calculated
- $288,783
- From this org
- $221,119
- From related orgs
- $0
- Other
- $67,664
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $197,065
- Bonus
- $22,419
- Other
- $1,635
- Deferred
- $24,658
- Nontaxable benefits
- $43,006
- Filer's total
- $288,783
-
Heather MizeHEATHER MIZE
DIRECTOR OF HUMAN RESOURCES (JAN-SEP)
- Total calculated
- $291,375
- From this org
- $243,100
- From related orgs
- $0
- Other
- $48,275
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $126,389
- Bonus
- $25,286
- Other
- $91,425
- Deferred
- $15,147
- Nontaxable benefits
- $33,128
- Filer's total
- $291,375
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
- $861,693,075
- Expenses
- $860,619,539
- Contributions
- $0
- Grants paid
- $86,568
-
2023
- Revenue
- $780,794,954
- Expenses
- $778,995,977
- Contributions
- $0
- Grants paid
- $67,194
-
2022
- Revenue
- $826,144,853
- Expenses
- $824,911,246
- Contributions
- $0
- Grants paid
- $50,937
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
- $639,082,515
- Expenses
- $638,515,773
- Assets (EOY)
- $1,535,737,864
-
2020 · 990
- Revenue
- $555,865,446
- Expenses
- $554,870,419
- Assets (EOY)
- $1,353,458,568
-
2019 · 990
- Revenue
- $559,966,199
- Expenses
- $558,364,036
- Assets (EOY)
- $1,336,367,088
-
2018 · 990
- Revenue
- $525,121,580
- Expenses
- $523,885,362
- Assets (EOY)
- $1,305,141,201
-
2017 · 990
- Revenue
- $489,232,348
- Expenses
- $488,727,169
- Assets (EOY)
- $1,236,291,525
-
2016 · 990
- Revenue
- $453,276,118
- Expenses
- $451,301,651
- Assets (EOY)
- $1,169,665,469
-
2015 · 990
- Revenue
- $472,572,204
- Expenses
- $471,757,749
- Assets (EOY)
- $1,123,708,908
-
2014 · 990
- Revenue
- $511,928,272
- Expenses
- $511,244,116
- Assets (EOY)
- $1,074,607,340
-
2013 · 990
- Revenue
- $430,679,536
- Expenses
- $432,469,383
- Assets (EOY)
- $1,014,720,702
-
2012 · 990
- Revenue
- not reported
- Expenses
- $404,821,760
- Assets (EOY)
- $961,429,319
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
-
$84,247
2024 TO SUPPORT THE FOUNDATION'S OPERATIONS.
-
$54,338
2023 TO SUPPORT THE FOUNDATION'S OPERATIONS.
-
$45,672
2022 TO SUPPORT THE FOUNDATION'S OPERATIONS.
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
-
COSERV ELECTRIC GROUP HEALTH BENEFIT PLAN TRUST
501(C)(9) · MEDICAL SELF INSURANCE FUND · TX · controlled entity
-
501(C)(3) · COMMUNITY CHARITABLE CONTRIBUTIONS · TX · controlled entity
Declared as related by
-
On its 2024 return
-
CO SERV ELECTRIC GROUP HEALTH BENEFIT PLAN TR
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.
Disregarded entities on its 2024 return
-
QUAIL RUN REALTY LLC
REAL ESTATE · TX · income $169,740 · assets $1,312,612
-
COSERV PROPERTY HOLDINGS LLC
REAL ESTATE · TX · income $318,140 · assets $14,279,660
-
COSERV SECURITIZATION 2022 LLC
SECURITIZED BOND ISSUANCE · DE · income $33,311,023 · assets $473,135,731
Related corporations and trusts on its 2024 return
-
COSERV UTILITIES SERVICES INC
C · GP FOR COSERV INVESTMENTS · TX · 100% owned · share of assets $1,304,206 · controlled entity
-
COSERV INVESTMENTS LP
C · INVESTMENTS · TX · 100% owned · share of income $118,111,101 · share of assets $405,277,758 · 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.