Trinity Valley Electric Cooperative Inc
501(c)(12)
Strong reserves Growing revenue
Trinity Valley Electric Cooperative Inc is a 501(c)(12) organization based in Kaufman, Texas, registered in 1998, with $197,727,488 in FY2024 revenue.
Po Box 888, Kaufman, TX, 75142 EIN 75-2701263 Since 1998
Revenue (FY2024)
$197.7M
▼ 1.8% vs prior year
Expenses (FY2024)
$197.3M
Net assets
$194.4M
Employees
217
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 Trinity Valley 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 rating12 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 Trinity Valley Electric Cooperative Inc: 12 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 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 Trinity Valley Electric Cooperative Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Trinity Valley Electric Cooperative Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To provide quality and reliable electric service to members at cost on a cooperative basis.
Contact & location
Financial trends
Revenue grew from $146.9M (FY2013) to $197.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $286.8MNet assets $194.4M
Operating margin
0.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$481.2M
Total liabilities
$286.8M
Net assets
$194.4M
Salaries & benefits
$16.8M
9% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $197,727,488▼1.8% | $197,263,529▼1.6% | $194,397,989▲2.5% | $481,165,027▲11.9% | 990 |
| 2023 | $201,369,793▼14.7% | $200,552,254▼14.5% | $189,648,665▲0.7% | $429,806,254▲2.1% | 990 |
| 2022 | $236,177,875▲44.9% | $234,659,350▲44.2% | $188,406,401▲12.3% | $421,037,619▲9.4% | 990 |
| 2021 | $162,953,403▲10.1% | $162,760,208▲10.1% | $167,745,501▲4.2% | $385,021,756▲4.7% | 990 |
| 2020 | $147,957,625▼5.8% | $147,879,398▼5.8% | $161,031,343▼0.6% | $367,655,761▲3.3% | 990 |
| 2019 | $157,141,570▼2.8% | $156,972,407▼2.8% | $161,994,583▲8.0% | $355,952,024▲3.5% | 990 |
| 2018 | $161,731,170▲12.9% | $161,459,976▲12.9% | $149,982,762▲6.9% | $344,002,224▼1.2% | 990 |
| 2017 | $143,240,079▼1.6% | $142,971,635▼1.7% | $140,258,373▼1.6% | $348,165,558▲2.5% | 990 |
| 2016 | $145,619,982▼2.4% | $145,437,509▼2.4% | $142,540,923▲5.2% | $339,525,017▲3.5% | 990 |
| 2015 | $149,235,230▼1.9% | $149,042,230▼1.7% | $135,504,432▲5.3% | $328,155,561 | 990 |
| 2014 | $152,116,432▲3.5% | $151,582,350▲3.9% | $128,684,748▲3.0% | $328,249,629▼0.8% | 990 |
| 2013 | $146,913,084 | $145,914,211▲16.7% | $124,886,697▲18.1% | $331,011,471▲7.7% | 990 |
| 2012 | — | $125,064,949▼7.4% | $105,758,350▲10.9% | $307,241,706▲7.8% | 990 |
| 2011 | — | $135,054,307▲8.5% | $95,343,116▲9.6% | $285,103,670▲4.2% | 990 |
| 2010 | — | $124,502,387 | $86,984,161 | $273,493,899 | 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: Jeffrey Lane — $350,867 (0.18% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jeffrey Lane | Ceo/general Manager | 50 | $350,867 |
| Thomas Watson | Coo/asst. General Manager | 50 | $264,870 |
| Rodney Wesley | Director of Engineering/ops | 50 | $198,298 |
| Raymond Choyce | Journeyman | 62 | $195,940 |
| Robert White | Cfo | 45 | $188,516 |
| Scott Stewart | Crew Foreman | 54 | $180,007 |
| Donna Weaver | Director of Corp Services | 60 | $177,640 |
| Bobbi Byford | Director of Corp Relations | 60 | $170,506 |
| Timothy Craig | Manager of Engineering | 50 | $168,802 |
| Paul Camacho | Crew Foreman | 49 | $168,662 |
| Bryan Hicks | Journeyman | 61 | $168,039 |
| Chance Franks | Journeyman | 54 | $167,787 |
| Gary Sherrard | Manager of Sub/trans | 40 | $167,068 |
| Thomas Durden | Manager of Operations | 50 | $166,313 |
| Phillip Harrison | Manager of Operations | 45 | $163,790 |
| Paul Weatherford | Director | 10.5 | $30,283 |
| Howard Tillison | Chairman | 12.7 | $12,150 |
| Carolyn Minor | Vice Chairman | 10.3 | $11,550 |
| Jeff Priest | Director | 9.5 | $11,550 |
| Jack Endres | Director | 9 | $11,250 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Texas State Utilities LLC | Overhead/underground Contractor | $7,306,213 |
| Shelton Energy Services LLC | Overhead/underground Contractor | $4,097,951 |
| J&e Line Services LLC | Overhead Contractor | $3,972,019 |
| Rei Utility Services Inc | Construction Management and Joint Use Ad | $2,656,928 |
| Ramirez Tree Service Inc | Right of Way Contractor | $2,543,127 |
Frequently asked questions
- Is Trinity Valley Electric Cooperative Inc a legitimate nonprofit?
- Yes. Trinity Valley Electric Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 75-2701263, based in Kaufman, Texas.
- What is Trinity Valley Electric Cooperative Inc's EIN?
- Trinity Valley Electric Cooperative Inc's Employer Identification Number (EIN) is 75-2701263.
- How much revenue does Trinity Valley Electric Cooperative Inc report?
- Trinity Valley Electric Cooperative Inc reported $197,727,488 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does Trinity Valley Electric Cooperative Inc's highest-paid employee make?
- The highest reported compensation on Trinity Valley Electric Cooperative Inc's latest Form 990 is $350,867, paid to Jeffrey Lane (Ceo/general Manager).
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Data for Trinity Valley Electric Cooperative Inc (EIN 75-2701263) 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.