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CONCHO VALLEY ELECTRIC COOPERATIVE INC

EIN: 75-0204684San Angelo, TXZIP: 769023388
501(c)(12)

Mission

CONCHO VALLEY ELECTRIC COOPERATIVE, INC. DEDICATES ITSELF TO THE IMPROVEMENT OF ITS MEMBERS' LIFESTYLE AND THE ECONOMIC ENVRIONMENT OF ITS SERVICE AREA. THE COOPERATIVE IS COMMITTED TO PROVIDING SAFE, RELIABLE ELECTRIC SERVICE AT THE LOWEST PRACTICAL COST AND TO MEETING THE CHANGING NEEDS OF ITS MEMBERSHIP WITH A WELL-TRAINED, QUALITY WORKFORCE AND WITH THE USE OF SOUND BUSINESS PRACTICES.

Financials

YearRevenueExpensesAssets
2024$51.6M$0$162.2M
2023$51M$0$163.2M

Compensation

2024

KELLY LANKFORD
Executive Vp/ceo
officer (unspecified)
$348,659
$0
$25,182
$501,424
DAVID WATSON
Dir of Finance & Office Services
highest compensated employee
$143,227
$0
$3,658
$239,806
DUSTIN BROWN
Dir of Engineering & Operations
key employee
$162,900
$0
$3,387
$220,537
JONATHAN CUTRER
Dir of Information Technology
highest compensated employee
$145,785
$0
$1,783
$213,161
TERRY WARD
Engineering Foreman
highest compensated employee
$146,667
$0
$1,911
$201,255
BUSTER MATHENY
Line Superintendent
highest compensated employee
$130,038
$0
$1,255
$178,708
DOUGLAS CLARK
Engineering Systems Administrator
highest compensated employee
$121,125
$0
$1,471
$170,031
DAVID KEMPEN
Director
board member
$0
$0
$0
$4,450
JEFF COPELAND
President
chief executive officer
$0
$0
$0
$3,500
DARYL SCHNIERS
Director
board member
$0
$0
$0
$3,300
WILLIAM WIGGINS
Director
board member
$0
$0
$0
$2,400
RALPH WILLBERG
Director
board member
$0
$0
$0
$2,400
LARRY W KLATTENHOFF
Vice-president
chief executive officer
$0
$0
$0
$2,200
THOMAS CARTER
Secretary/treasurer
officer (unspecified)
$0
$0
$0
$2,000

2023

KELLY LANKFORD
Executive Vp/CEO
officer (unspecified)
$290,963
$0
$20,505
$389,902
DAVID WATSON
Director of Finance & Office Services
chief financial officer
$136,943
$0
$2,238
$224,225
DUSTIN BROWN
Director of Engineering & Operations
chief operating officer
$156,476
$0
$1,424
$209,377
JONATHAN CUTRER
Director of Information Technology
chief information officer
$140,036
$0
$1,730
$201,459
TERRY WARD
Engineering Foreman
highest compensated employee
$132,801
$0
$1,848
$182,757
BUSTER MATHENY
Line Superintendent
highest compensated employee
$133,316
$0
$1,227
$180,428
ZACHARY BRYAN
Foreman
highest compensated employee
$119,293
$0
$1,140
$154,504
DAVID KEMPEN
Director
board member
$0
$0
$0
$5,250
DARYL SCHNIERS
Director
board member
$0
$0
$0
$4,100
JEFF COPELAND
President
chief executive officer
$0
$0
$0
$2,900
THOMAS CARTER
Secretary/Treasurer
officer (unspecified)
$0
$0
$0
$2,700
RALPH WILLBERG
Director
board member
$0
$0
$0
$2,400
LARRY W KLATTENHOFF
Vice-President
chief executive officer
$0
$0
$0
$2,400
WILL WIGGINS
Director
board member
$0
$0
$0
$1,800

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Learn more

Data from IRS Form 990 filings (2023-2024).