East Texas Electric Coop

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 752187855 ✦ Nacogdoches, TX ✦ Designated as a 501(c)(12)

Overview

What is East Texas Electric Coop?

East Texas Electric Coop is a nonprofit organization based in Nacogdoches, Texas. They primarily function as a wholesale power provider, supplying electricity to one electric generating and transmission cooperative member and seven distribution cooperative members. This cooperative business model enables the efficient sale of power to its eight members on a cooperative basis. Their mission remains focused on providing wholesale power to their cooperatives in Texas. The organization is staffed by a team of 15 employees.


Official website here: www.etec.coop

Is East Texas Electric Coop legitimate?

East Texas Electric Coop is a legitimate nonprofit organization registered as a 501(c)(12) entity. East Texas Electric Coop submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,138,419
Professional Fundraising Fees: $0
Other Salaries and Wages: $675,173

For more financial information, click here


Official website here: www.etec.coop

What is the mission statement of East Texas Electric Coop?

East Texas Electric Coop operates on a cooperative basis, selling wholesale power to its eight members. The organization's primary mission is to provide electricity to its one electric generating and transmission cooperative member and seven distribution cooperative members. By doing so, it ensures a stable power supply for its cooperative network. The cooperative's commitment to its members extends beyond just energy, as it aims to foster a collaborative relationship built on trust and shared goals. Through this cooperative model, East Texas Electric Coop contributes to the reliable and sustainable power infrastructure of its community. Its mission is driven by a dedication to meeting the unique energy needs of its cooperative members, thereby enhancing the quality of life for the communities it serves.


Official website here: www.etec.coop

Who is the CEO of East Texas Electric Coop?

Carrie Hawkins is the Ceo of East Texas Electric Coop. The CEO's salary of East Texas Electric Coop is $738,002 and their total compensation is $836,892.


Official website here: www.etec.coop

What is the revenue of East Texas Electric Coop?

East Texas Electric Coop's revenue in 2022 was $496,652,970.


Official website here: www.etec.coop

Who are the executives of East Texas Electric Coop and what are their salaries?

The average compensation at East Texas Electric Coop during 2022 was $187,573. There are 15 employees at East Texas Electric Coop.

Here are 32 key members and their salaries (East Texas Electric Coop's CEO's salary is $738,002 and their total compensation is $836,892):

    Aj Goff (Ceo)
  • Compensation: $738,002
  • Related: $0
  • Other: $98,890

    • Joseph J Hayden (Vp Power Sup)
  • Compensation: $208,828
  • Related: $0
  • Other: $111,453

    • Lawrence Williams (Vp Engineeri)
  • Compensation: $167,503
  • Related: $0
  • Other: $121,957

    • Carrie Hawkins (Cfo)
  • Compensation: $178,589
  • Related: $0
  • Other: $79,453

    • Bobby Huckabay (Manager Of I)
  • Compensation: $154,625
  • Related: $0
  • Other: $98,404

    • James A Wagner (Engineer)
  • Compensation: $181,468
  • Related: $0
  • Other: $69,703

    • Maggie Berry (Vp General C)
  • Compensation: $122,637
  • Related: $0
  • Other: $77,071

    • Robert Boyd (Director)
  • Compensation: $21,500
  • Related: $0
  • Other: $0

    • Mark Tamplin (Vice Preside) [Trustee/Director]
  • Compensation: $21,500
  • Related: $0
  • Other: $0

    • Trey Teaff (Manager/Dire) [Trustee/Director]
  • Compensation: $21,500
  • Related: $0
  • Other: $0

    • Mark Boyd (Manager/Dire) [Trustee/Director]
  • Compensation: $21,000
  • Related: $0
  • Other: $0

    • Kathi Calvert (Sec/Treasure) [Trustee/Director]
  • Compensation: $20,500
  • Related: $0
  • Other: $0

    • Greg Jones (President) [Trustee/Director]
  • Compensation: $20,500
  • Related: $0
  • Other: $0

    • Bryan Wood (Manager/Dire) [Trustee/Director]
  • Compensation: $20,500
  • Related: $0
  • Other: $0

    • Steve Delaughter (Director)
  • Compensation: $20,000
  • Related: $0
  • Other: $0

    • Pat Brown (Director)
  • Compensation: $19,500
  • Related: $0
  • Other: $0

    • Kenneth Keeling (Director)
  • Compensation: $19,500
  • Related: $0
  • Other: $0

    • Frankie B King (Director)
  • Compensation: $19,500
  • Related: $0
  • Other: $0

    • Rhett Reid (Asst Sect/Tr) [Trustee/Director]
  • Compensation: $19,500
  • Related: $0
  • Other: $0

    • Doug Turk (Manager/Dire) [Trustee/Director]
  • Compensation: $19,500
  • Related: $0
  • Other: $0

    • Dan Courmier (Director)
  • Compensation: $19,000
  • Related: $0
  • Other: $0

    • Austin Haynes (Manager/Dire) [Trustee/Director]
  • Compensation: $19,000
  • Related: $0
  • Other: $0

    • Kenneth Langley (Director)
  • Compensation: $19,000
  • Related: $0
  • Other: $0

    • Albert Tiller (Director)
  • Compensation: $19,000
  • Related: $0
  • Other: $0

    • Wes Barron (Director)
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Jp Dobbs Jr (Director)
  • Compensation: $16,000
  • Related: $0
  • Other: $0

    • William Speights (Director)
  • Compensation: $13,500
  • Related: $0
  • Other: $0

    • Henry Biscamp (Advisory Dir) [Trustee/Director]
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • William Emmons (Advisory Dir) [Trustee/Director]
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Kennon Kellum (Advisory Dir) [Trustee/Director]
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Paul Simmons (Advisory Dir) [Trustee/Director]
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Robert Walker (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.etec.coop

    Where can I find the form 990 for East Texas Electric Coop?

    The East Texas Electric Coop’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.etec.coop

    Learn more at the official website: www.etec.coop

    Mission Statement of East Texas Electric Coop

    East Texas Electric Coop, a cooperative entity, is dedicated to the sale of wholesale power to its eight members. These members consist of one electric generating and transmission cooperative and seven distribution cooperatives. In operation, East Texas Electric Coop functions as a provider of power to its cooperative network. By engaging in cooperative business practices, the organization ensures the efficient distribution and generation of electricity for its members. The cooperative nature of East Texas Electric Coop allows for a collective approach to sourcing and managing power, enabling its members to reap the benefits of a unified energy network. This collaborative model fosters a strong sense of partnership among the members, ultimately contributing to the stable and reliable delivery of electricity.

    Impact

    This information is meant to be a general summary of East Texas Electric Coop. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    East Texas Electric Coop's impact lies in providing wholesale power to its eight members on a cooperative basis. This facilitates the reliable supply of electricity to its one electric generating and transmission cooperative member and seven distribution cooperative members. By ensuring a steady flow of power to these entities, East Texas Electric Coop plays a crucial role in supporting the functioning and growth of businesses, communities, and individuals in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,409,429
  • Program Service Revenue: $469,581,946
  • Gross Receipts: $496,652,970

    • Assets and Liabilities:
  • Total Assets: $1,077,656,250
  • Total Liabilities: $857,652,350
  • Net Assets: $220,003,900
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ELECTRIC ENERGY

    Revenue

    $465,301,112

    PATRONAGE CAPITAL

    Revenue

    $4,280,834

    Organization Details

    Founding Year

    1987

    Principal Officer

    Carrie Hawkins

    Main Address

    P O BOX 631623, NACOGDOCHES, TX, 759631623

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of East Texas Electric Coop and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.