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Filing year 2024

CENTRAL TEXAS ELECTRIC COOPERATIVE INC

Fredericksburg, Texas·EIN 74-1095072·501(c)(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 · Part VII & Schedule J · 20 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO
Above 90th percentile
$330k
$350k
Base
$225k
Bonus
$500
Other
$42k
Benefits
$24k
CFO
Above 90th percentile
$286k
$303k
Base
$197k
Bonus
$500
Other
$6k
Benefits
$21k
Director of Operations
75th to 90th percentile
$234k
$248k
Base
$166k
Bonus
$500
Other
$6k
Benefits
$22k
System Services Supervisor
Highest Compensated Employee
Median to 75th percentile
$204k
$216k
Base
$138k
Bonus
$500
Other
$8k
Benefits
$22k
Director of Engineering
Highest Compensated Employee
Median to 75th percentile
$179k
$190k
Base
$139k
Bonus
$500
Other
$3k
Benefits
$27k
IT Manager
Median to 75th percentile
$166k
$176k
Base
$120k
Bonus
$500
Other
$2k
Benefits
$20k
Foreman
Highest Compensated Employee
25th percentile to median
$162k
$171k
Base
$123k
Bonus
$500
Other
$657
Benefits
$18k
Foreman
Highest Compensated Employee
25th percentile to median
$156k
$165k
Base
$120k
Bonus
$500
Other
$1k
Benefits
$19k
President
10th to 25th percentile
$19k
$21k
Treasurer
Officer (Unspecified)
$17k
$18k
Vice President
25th percentile to median
$17k
$18k
Director
Board Member
25th percentile to median
$16k
$17k
Director
Board Member
25th percentile to median
$15k
$16k
Secretary
Officer (Unspecified)
$14k
$15k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$13k
$14k
Director (jan-july)
Board Member
25th percentile to median
$10k
$10k
Director (aug-dec)
Board Member
25th percentile to median
$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.

Pay for the position

Chief Executive Officer pay rose 11% from 2023 to 2024, while revenue rose 7%.

$298k in 2023 to $330k in 2024.
  • Chief Financial Officer pay rose 4% from 2023 to 2024.
  • Highest Compensated Employee pay fell 15% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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.
FAQ

Common questions about CENTRAL TEXAS ELECTRIC COOPERATIVE INC

What does the Chief Executive Officer of CENTRAL TEXAS ELECTRIC COOPERATIVE INC earn?

In 2024, the Chief Executive Officer of CENTRAL TEXAS ELECTRIC COOPERATIVE INC received $330,007 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CENTRAL TEXAS ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at CENTRAL TEXAS ELECTRIC COOPERATIVE INC falls in the top 10%.

What are CENTRAL TEXAS ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, CENTRAL TEXAS ELECTRIC COOPERATIVE INC reported $86.9M in total revenue and $86.9M in total expenses on its IRS Form 990.

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