East Texas Electric Cooperative Inc

Organization Overview

East Texas Electric Cooperative Inc is located in Nacogdoches, TX. The organization was established in 1994. 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, East Texas Electric Cooperative Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Texas 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, East Texas Electric Cooperative Inc generated $504.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $493.8m during the year ending 12/2021. While expenses have increased by 8.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SALE OF WHOLESALE POWER TO ITS EIGHT MEMBERS ON A COOPERATIVE BASIS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES WHOLESALE POWER TO ITS ONE ELECTRIC GENERATING AND TRANSMISSION COOPERATIVE MEMBER AND SEVEN DISTRIBUTION COOPERATIVE MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Aj Goff
CEO
$350,000
James A Wagner
Engineer
$178,918
Carrie Hawkins
CFO
$164,123
Lawrence Williams
VP Engineeri
$156,434
Bobby Huckabay
Manager Of I
$153,156
Mark Boyd
Manager/dire
$19,600

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Gds Associates
Engineer Consul
$3,133,203
Archer Western Construction Llc
Plant Construct
$9,190,485
Ethosenergy Power Plant Services
Power Plant Ser
$3,660,299
Holland & Knight
Legal
$3,351,015
Meriplex Solutions Inc
Consulting
$1,231,445
View All Vendors

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$461,813,446
Investment income $1,186,342
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $504,330,746

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