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DENTON COUNTY ELECTRIC COOPERATIVE INC

EIN 75-0233075 CORINTH, TX

Largest nonprofits in Texas

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 Ragsdale

    VICE CHAIR

    Total calculated
    $39,900
    From this org
    $39,900
    From related orgs
    $0
    Other
    $0
    Hours/week
    7.8
  • Christopher McCraw

    DIRECTOR

    Total calculated
    $44,900
    From this org
    $44,900
    From related orgs
    $0
    Other
    $0
    Hours/week
    9.3
  • Trisha Sheffield

    CHAIR

    Total calculated
    $46,400
    From this org
    $46,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    10.3
  • Leon Pelzel

    DIRECTOR (JAN-AUG)

    Total calculated
    $24,600
    From this org
    $24,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    7
  • Richard Muir

    DIRECTOR (JAN-OCT)

    Total calculated
    $34,950
    From this org
    $34,950
    From related orgs
    $0
    Other
    $0
    Hours/week
    7.5
  • Jarett Adair

    SECRETARY/TREASURER

    Total calculated
    $43,900
    From this org
    $43,900
    From related orgs
    $0
    Other
    $0
    Hours/week
    9
  • William Kollar

    DIRECTOR

    Total calculated
    $41,990
    From this org
    $41,990
    From related orgs
    $0
    Other
    $0
    Hours/week
    8.9
  • Lynn Stucky

    DIRECTOR (OCT-DEC)

    Total calculated
    $4,450
    From this org
    $4,450
    From related orgs
    $0
    Other
    $0
    Hours/week
    9.6
  • Donald 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 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 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 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 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 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 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 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 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 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 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 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 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

Where these grants went next →

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

Declared as related by

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.