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Filing year 2024

CENTRAL TEXAS ELECTRIC COOPERATIVE INC

Fredericksburg, Texas·EIN 74-1095072·12
Total revenue
$86.9M
Total assets
$257.7M
Total expenses
$86.9M
Reported officers
20
Mission

PROVIDING OUR MEMBERS SAFE, RELIABLE, HIGH QUALITY SERVICE AT A REASONABLE COST.

Executive compensation, broken down

Form 990 · Schedule J · 20 reported individuals · Filing year 2024

Base
$225k
Bonus
$500
Other
$42k
Benefits
$24k
Base
$197k
Bonus
$500
Other
$6k
Benefits
$21k
Director of Operations
$234k
$248k
Base
$166k
Bonus
$500
Other
$6k
Benefits
$22k
System Services Supervisor
highest compensated employee
$204k
$216k
Base
$138k
Bonus
$500
Other
$8k
Benefits
$22k
Director of Engineering
highest compensated employee
$179k
$190k
Base
$139k
Bonus
$500
Other
$3k
Benefits
$27k
IT Manager
highest compensated employee
$166k
$176k
Base
$120k
Bonus
$500
Other
$2k
Benefits
$20k
Foreman
highest compensated employee
$162k
$171k
Base
$123k
Bonus
$500
Other
$657
Benefits
$18k
Foreman
highest compensated employee
$156k
$165k
Base
$120k
Bonus
$500
Other
$1k
Benefits
$19k
$19k
$21k
Treasurer
officer (unspecified)
$17k
$18k
Vice President
vice president
$17k
$18k
Director
board member
$16k
$17k
Director
board member
$15k
$16k
Secretary
officer (unspecified)
$14k
$15k
Director
board member
$14k
$15k
Director
board member
$14k
$15k
Director
board member
$14k
$15k
Director
board member
$13k
$14k
Director (jan-july)
board member
$10k
$10k
Director (aug-dec)
board member
$7k
$7k

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 11%
from 2023

From $298k in 2023 to $330k in 2024.

$298k
2023
$330k
2024
In today's dollarsEst.
Up 7% in real terms$326k to $350k

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

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

RevenueExpenses
$81.6M
$81.6M
2023
$86.9M
$86.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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