Central Texas Electric Cooperative Inc
501(c)(12)
Only null% goes to programs Strong reserves Growing revenue
Central Texas Electric Cooperative Inc is a 501(c)(12) organization based in Fredericksbrg, Texas, registered in 1951, with $86,902,121 in FY2024 revenue. CharityIndex grades it A.
386 Friendship Ln, Fredericksbrg, TX, 78624 EIN 74-1095072 Since 1951
Revenue (FY2024)
$86.9M
▲ 6.5% vs prior year
Expenses (FY2024)
$86.9M
Net assets
$111.9M
Employees
162
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Central Texas Electric Cooperative Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Central Texas Electric Cooperative Inc: 15 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Central Texas Electric Cooperative Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Central Texas Electric Cooperative Inc: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
To provide quality and reliable electric service to members at cost on a cooperative basis.
Contact & location
- Address
- 386 Friendship Ln, Fredericksbrg, TX, 78624
- City
- Fredericksbrg
- State
- Texas
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $51.3M (FY2013) to $86.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $145.8MNet assets $111.9M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$257.7M
Total liabilities
$145.8M
Net assets
$111.9M
Salaries & benefits
$10.2M
12% of expenses
Board members
11
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $86,902,121▲6.5% | $86,902,121▲6.5% | $111,892,144▲2.3% | $257,653,207▲5.2% | 990 |
| 2023 | $81,587,002▲15.2% | $81,587,002▲15.2% | $109,382,923▲5.8% | $244,930,841▲1.2% | 990 |
| 2022 | $70,828,639▲15.6% | $70,828,639▲15.6% | $103,392,090▲7.0% | $241,941,832▲0.3% | 990 |
| 2021 | $61,252,027▼12.4% | $61,252,027▼12.4% | $96,620,950▲4.9% | $241,108,677▲18.6% | 990 |
| 2020 | $69,884,093▼4.4% | $69,884,093▼4.4% | $92,077,610▲4.0% | $203,253,290▲1.6% | 990 |
| 2019 | $73,097,932▲4.6% | $73,097,932▲4.6% | $88,545,887▲7.5% | $200,107,291▼0.4% | 990 |
| 2018 | $69,869,183▲10.6% | $69,869,183▲10.6% | $82,386,177▲6.8% | $200,989,515▲3.7% | 990 |
| 2017 | $63,155,713▲8.5% | $63,155,713▲8.5% | $77,160,245▲5.8% | $193,818,445▲4.4% | 990 |
| 2016 | $58,198,448▼2.3% | $58,198,448▼2.3% | $72,949,808▲6.6% | $185,675,139▲11.2% | 990 |
| 2015 | $59,559,767▼7.0% | $59,559,767▼7.0% | $68,443,295▲4.6% | $166,977,629▲1.4% | 990 |
| 2014 | $64,035,445▲24.7% | $64,035,445▲24.7% | $65,430,855▲4.9% | $164,716,042▲0.8% | 990 |
| 2013 | $51,334,666 | $51,334,666 | $62,378,552 | $163,395,634 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Atanacio Hinojosa — $267,462 (0.31% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Atanacio Hinojosa | Ceo | 42.5 | $267,462 |
| Shawn Stanley | Cfo | 49 | $203,690 |
| Steve Murrow | Director of Operations | 40.8 | $172,976 |
| Patrick Stahl | System Services Supervisor | 40.5 | $146,070 |
| Fernando Albiter | Director of Engineering | 40.8 | $142,123 |
| Jermoy Morrison | Foreman | 40 | $124,213 |
| Gregory Kindle | It Manager | 63.6 | $122,513 |
| Douglas Henederson | Foreman | 40.3 | $121,246 |
| Mark Hahn | President | 15.8 | $19,440 |
| Connie Stockbridge | Treasurer | 4 | $16,890 |
| Joseph Wieser | Vice President | 6 | $16,590 |
| Fermin Ortiz | Director | 3.1 | $15,840 |
| Mark Reeve | Director | 7.1 | $14,940 |
| James Low | Secretary | 4.3 | $14,340 |
| Tim Lehmberg | Director | 3.4 | $14,190 |
| Wynne Whitworth | Director | 2 | $14,190 |
| Wayne W Seipp | Director | 2 | $13,940 |
| Samuel Scott Olguin | Director | 1.4 | $13,240 |
| Doylene Bode | Director (jan-july) | 5.5 | $9,610 |
| Debra White | Director (aug-dec) | 10 | $6,550 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| James Power Line Construction | Line Construction | $4,586,930 |
| Townsend Tree Service | Row Clearing | $3,766,766 |
| Das Underground Utilities LLC | Contract Labor Line Construction | $1,268,147 |
| Schneider Engineering Ltd | Engineering Services | $903,462 |
| National Information Services | Computer Services | $674,540 |
Grants received · $100K total
1 grant to Central Texas Electric Cooperative Inc totaling $100K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Rural Utilities Cooperative Finance Corp | Integrity fund - territory threat | 2015 | $100,000 |
Grants made · $8,614 in FY2023
1 grant totaling $8,614 in FY2023. All grants made by Central Texas Electric Cooperative Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| National Rural Utilities Cooperative Finance Corp | Integrity fund contribution | $8,614 |
Frequently asked questions
- Is Central Texas Electric Cooperative Inc a legitimate nonprofit?
- Yes. Central Texas Electric Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 74-1095072, based in Fredericksbrg, Texas.
- What is Central Texas Electric Cooperative Inc's EIN?
- Central Texas Electric Cooperative Inc's Employer Identification Number (EIN) is 74-1095072.
- How much revenue does Central Texas Electric Cooperative Inc report?
- Central Texas Electric Cooperative Inc reported $86,902,121 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Central Texas Electric Cooperative Inc have?
- CharityIndex grades Central Texas Electric Cooperative Inc A, based on financial health (reserves and operating margin).
- How much does Central Texas Electric Cooperative Inc's highest-paid employee make?
- The highest reported compensation on Central Texas Electric Cooperative Inc's latest Form 990 is $267,462, paid to Atanacio Hinojosa (Ceo).
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Explore more
Data for Central Texas Electric Cooperative Inc (EIN 74-1095072) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.