Rayburn Country Electric Cooperative Inc
501(c)(12)
Only null% goes to programs Declining revenue
Rayburn Country Electric Cooperative Inc is a 501(c)(12) organization based in Rockwall, Texas, registered in 1980, with $412,258,622 in FY2024 revenue. CharityIndex grades it A.
Po Box 37, Rockwall, TX, 75087 EIN 75-1668526 Since 1980
Revenue (FY2024)
$412.3M
▼ 39.6% vs prior year
Expenses (FY2024)
$412.2M
Net assets
$188.4M
Employees
114
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 Rayburn Country 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 rating5 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 Rayburn Country Electric Cooperative Inc: 5 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 Rayburn Country 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 Rayburn Country 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 wholesale power supply and regulatory representation on behalf of its members.
Contact & location
Financial trends
Revenue grew from $301.3M (FY2013) to $412.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $981.1MNet assets $188.4M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2B
Total liabilities
$981.1M
Net assets
$188.4M
Salaries & benefits
$16.7M
4% of expenses
Board members
4
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $412,258,622▼39.6% | $412,235,596▼39.6% | $188,411,247▲11.8% | $1,169,520,032▲6.4% | 990 |
| 2023 | $682,998,996▲21.3% | $682,961,891▲21.3% | $168,466,667▲11.9% | $1,099,492,327▲81.1% | 990 |
| 2022 | $563,041,177▼58.7% | $563,024,485▼58.7% | $150,606,359▲10.4% | $607,018,715▼58.3% | 990 |
| 2021 | $1,364,282,442▲318% | $1,364,265,750▲318% | $136,430,218▲13.6% | $1,455,657,159▲204% | 990 |
| 2020 | $326,343,591▼11.6% | $326,244,626▼11.6% | $120,146,861▲7.5% | $478,936,506▲6.4% | 990 |
| 2019 | $369,113,869▼0.2% | $369,085,087▼0.2% | $111,786,600▲3.5% | $450,181,484▲25.5% | 990 |
| 2018 | $369,765,877▲14.0% | $369,758,128▲16.6% | $107,985,604▲13.1% | $358,704,209▲15.9% | 990 |
| 2017 | $324,317,466▲1.7% | $317,136,261▼2.7% | $95,453,270▲12.5% | $309,479,798▲1.6% | 990 |
| 2016 | $318,810,074▼2.6% | $325,957,145▼0.4% | $84,866,825▼7.8% | $304,627,274▼1.9% | 990 |
| 2015 | $327,190,387▼3.8% | $327,157,964▼3.8% | $92,027,308▲16.5% | $310,680,184▼2.1% | 990 |
| 2014 | $340,234,391▲12.9% | $340,224,201▲12.9% | $78,984,845▲14.7% | $317,304,876▼2.4% | 990 |
| 2013 | $301,321,493 | $301,320,402▲15.0% | $68,854,387▲34.4% | $325,053,011▲2.9% | 990 |
| 2012 | — | $262,019,005▼17.1% | $51,240,123▲45.3% | $316,044,205▼2.4% | 990 |
| 2011 | — | $316,043,284 | $35,253,630 | $323,715,285 | 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: David Naylor — $1,011,974 (0.25% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| David Naylor | President/chief Executive | 40 | $1,011,974 |
| Stephen Geiger | Chief Operating Officer | 40 | $591,590 |
| Chase Snuffer | Chief Information Officer | 40 | $552,489 |
| Christopher Anderson | General Counsel | 40 | $533,176 |
| Stephanie Weeks | Chief Financial Officer (mar-dec) | 40 | $427,503 |
| Christian Nagle | Director of Power Supply | 40 | $361,845 |
| Donald Cantrell | Director of Power Plant Operations | 40 | $335,620 |
| David Braun | Chief Financial Officer(jan-mar) | 40 | $318,403 |
| Jennifer Pulliam | Asst. General Counsel | 40 | $300,469 |
| Frank Owens | Director of Compliance | 40 | $238,358 |
| Scott Donham | Engineering Manager | 40 | $231,671 |
| David Mcginnis | Chairman | 2 | $10,750 |
| Jeff Lane | Secretary/treasurer | 2 | $9,600 |
| John Ed Shinpaugh | Vice Chairman | 2 | $7,502 |
| Mark Stubbs | Alternate Director | 2 | $6,400 |
| Howard Tillison | Alternate Director | 2 | $6,286 |
| Steve Collida | Alternate Director | 2 | $5,663 |
| Bill Samuels | Alternate Director | 2 | $5,594 |
| Paul Kirkland | Alternate Director | 2 | $5,518 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Tri-con Services Inc | Construction Services | $7,925,728 |
| R Delta Engineers Inc | Engineering Services | $5,246,955 |
| Northstar Energy Solutions LLC | Construction Services | $4,451,652 |
| Huffman Communication Sales Inc | Construction Services | $3,172,378 |
| Pulliam Construction Management Inc | Construction Services | $3,047,943 |
Grants made · $16K in FY2024
1 grant totaling $16K in FY2024. All grants made by Rayburn Country Electric Cooperative Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Texas Electric Cooperatives | Youth tour sponsorship - 5 students | $15,900 |
Frequently asked questions
- Is Rayburn Country Electric Cooperative Inc a legitimate nonprofit?
- Yes. Rayburn Country Electric Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 75-1668526, based in Rockwall, Texas.
- What is Rayburn Country Electric Cooperative Inc's EIN?
- Rayburn Country Electric Cooperative Inc's Employer Identification Number (EIN) is 75-1668526.
- How much revenue does Rayburn Country Electric Cooperative Inc report?
- Rayburn Country Electric Cooperative Inc reported $412,258,622 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Rayburn Country Electric Cooperative Inc have?
- CharityIndex grades Rayburn Country Electric Cooperative Inc A, based on financial health (reserves and operating margin).
- How much does Rayburn Country Electric Cooperative Inc's highest-paid employee make?
- The highest reported compensation on Rayburn Country Electric Cooperative Inc's latest Form 990 is $1,011,974, paid to David Naylor (President/chief Executive).
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Data for Rayburn Country Electric Cooperative Inc (EIN 75-1668526) 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.