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Filing year 2024

BANDERA ELECTRIC COOPERATIVE INC

Bandera, Texas·EIN 74-0498072·12
Total revenue
$114.4M
Total assets
$357.7M
Total expenses
$114.3M
Reported officers
24
Mission

LIGHTING THE GRID TO EMPOWER OUR MEMBERS.

Executive compensation, broken down

Form 990 · Schedule J · 24 reported individuals · Filing year 2024

Chief Executive Officer/gm
officer (unspecified)
$966k
$1M
Base
$387k
Bonus
$406k
Other
$24k
Benefits
$27k
General Counsel/chief Admin Officer
officer (unspecified)
$446k
$473k
Base
$311k
Bonus
$54k
Other
$2k
Benefits
$31k
Chief Operations Officer
officer (unspecified)
$421k
$447k
Base
$293k
Bonus
$49k
Other
$1k
Benefits
$33k
Director of Electric Operations
$298k
$316k
Base
$182k
Bonus
$31k
Other
$6k
Benefits
$27k
T&d Operations Manager
key employee
$280k
$297k
Base
$141k
Bonus
$12k
Other
$2k
Benefits
$34k
Director of Engineering
key employee
$258k
$273k
Base
$163k
Bonus
$29k
Other
$1k
Benefits
$26k
Chief Financial Officer
$255k
$271k
Base
$203k
Bonus
$21k
Other
$760
Benefits
$21k
Director of Broadband Operations
$235k
$249k
Base
$164k
Bonus
$14k
Other
$729
Benefits
$28k
Director of Information Technology
chief information officer
$233k
$247k
Base
$103k
Bonus
$36k
Other
$22k
Benefits
$19k
Line Foreman
highest compensated employee
$230k
$244k
Base
$155k
Bonus
$8k
Other
$2k
Benefits
$27k
Network Operations Manager
key employee
$208k
$221k
Base
$149k
Bonus
$14k
Other
$648
Benefits
$25k
Manager of Products & Serv
highest compensated employee
$201k
$213k
Base
$136k
Bonus
$12k
Other
$528
Benefits
$31k
Line Foreman
highest compensated employee
$200k
$212k
Base
$145k
Bonus
$6k
Other
$580
Benefits
$31k
Line Foreman
highest compensated employee
$195k
$207k
Base
$147k
Bonus
$6k
Other
$472
Benefits
$24k
Information Technology Manager
highest compensated employee
$170k
$180k
Base
$138k
Bonus
$5k
Other
$741
Benefits
$14k
Director
board member
$36k
$38k
Director
board member
$35k
$37k
Vice Chairman
board vice chair
$34k
$36k
Chairman
board chair
$32k
$34k
Secretary/treasurer
officer (unspecified)
$31k
$33k
Director
board member
$31k
$33k
Director
board member
$30k
$32k
Director
board member
$29k
$30k
Director
board member
$28k
$30k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 12%
from 2023

From $864k in 2023 to $966k in 2024.

$864k
2023
$966k
2024
In today's dollarsEst.
Up 9% in real terms$943k to $1M

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

BANDERA ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$110.4M
$110.1M
2023
$114.4M
$114.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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