Bluebonnet Electric Cooperative Inc

Organization Overview

Bluebonnet Electric Cooperative Inc is located in Bastrop, TX. The organization was established in 1940. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Bluebonnet Electric Cooperative Inc employed 358 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bluebonnet Electric Cooperative Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Bluebonnet Electric Cooperative Inc generated $247.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $247.6m during the year ending 12/2021. While expenses have increased by 2.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Bluebonnet Electric Cooperative Inc has awarded 99 individual grants totaling $5,205,151. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING ELECTRIC ENERGY TO OUR MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 116,089 ACTIVE SERVICES AT YEAR END.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Burlin Power Line Llc
Construction Contractor
$4,468,710
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Construction Contractor
$2,899,785
D&j Power Inc
Construction Contractor
$2,586,276
Mitchell A Royalty
Row Contractor
$2,139,218
Linetec Services Llc
Construction Contractor
$2,128,872
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$246,951,212
Investment income $96,727
Tax Exempt Bond Proceeds $0
Royalties $15,316
Net Rental Income $1,991
Net Gain/Loss on Asset Sales $22,268
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$25,348
Miscellaneous Revenue$0
Total Revenue $247,741,918

Grants Awarded

Over the last fiscal year, Bluebonnet Electric Cooperative Inc has awarded $25,481 in support to 4 organizations.

Grant RecipientAmount

CAMP FOR ALL FOUNDATION

Org PageRecipient Profile

Houston, TX

PURPOSE: ANNUAL FUNDRAISING EVENT SPONSORSHIP, SHARING SUCCESS GRANT FOR BUILDING PROJECT, AND EMPLOYEE RECOGNITION DAY DONATION

$6,964

CHILDREN'S ADVOCACY CENTER

Org PageRecipient Profile

Bastrop, TX

PURPOSE: SHARING SUCCESS RELOCATION PROJECT, VIVE LE VIEUX CARRE FUNDRAISER, PURSE BINGO, THANGIVING DINNER, AND CHRISTMAS GIVING SPONSORSHIPS AND DONATIONS

$6,467

CITY OF MANOR

PURPOSE: NATIONAL NIGHT OUT, 150TH CELEBRATION, AND POLICE DEPARTMENT ACHIVEVMENT AWARDS SPONSORSHIPS

$6,050

LOCKHART CHAMBER OF COMMERCE

Org PageRecipient Profile

Lockhart, TX

PURPOSE: CHAMBER BANQUET, LEADERSHIP EVENT, AND CTR RODEO MUTTON BUSTIN SPONSORHIPS

$6,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Bluebonnet Electric Cooperative Inc has recieved totaling $52,497.

Awarding OrganizationAmount
National Rural Utilities Cooperative Finance Corp

Dulles, VA

PURPOSE: INTEGRITY FUND - TERRITORY THREAT

$52,497
View Grant Recipient Profile

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