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Filing year 2024

GRAYSON-COLLIN ELECTRIC COOPERATIVE INC

Van Alstyne, Texas·EIN 75-0300645·501(c)(12)
Total revenue
$261.6M
Total assets
$738.9M
Total expenses
$258.2M
Reported officers
20
Mission

TO PROVIDE THE VERY BEST SERVICE POSSIBLE AT THE LEAST COST POSSIBLE.

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/gm
Officer (Unspecified)
$658k
$698k
Base
$498k
Bonus
$10k
Other
$92k
Benefits
$31k
COO
Above 90th percentile
$384k
$407k
Base
$292k
Bonus
$5k
Other
$32k
Benefits
$31k
Manager of Inside Ops
Key Employee
75th to 90th percentile
$343k
$364k
Base
$247k
Bonus
$4k
Other
$28k
Benefits
$44k
CFO
Above 90th percentile
$338k
$359k
Base
$252k
Bonus
$5k
Other
$17k
Benefits
$44k
Ceo/cfo Communications
Officer (Unspecified)
$322k
$341k
Base
$258k
Bonus
$5k
Other
$7k
Benefits
$31k
Director of Engineering
Key Employee
75th to 90th percentile
$300k
$318k
Base
$223k
Bonus
$4k
Other
$10k
Benefits
$44k
Manager of Operations
Operations Manager
Above 90th percentile
$281k
$298k
Base
$192k
Bonus
$3k
Other
$27k
Benefits
$43k
Manager of IT
IT Manager
Above 90th percentile
$279k
$296k
Base
$209k
Bonus
$4k
Other
$18k
Benefits
$31k
Manager of Operations
Operations Manager
Above 90th percentile
$272k
$289k
Base
$175k
Bonus
$4k
Other
$46k
Benefits
$31k
Mgr of Bus. Development
Highest Compensated Employee
75th to 90th percentile
$264k
$280k
Base
$196k
Bonus
$3k
Other
$7k
Benefits
$42k
Manager of Operations
Operations Manager
Above 90th percentile
$256k
$272k
Base
$195k
Bonus
$3k
Other
$12k
Benefits
$31k
Foreman
Highest Compensated Employee
75th to 90th percentile
$251k
$266k
Base
$188k
Bonus
$3k
Other
$5k
Benefits
$43k
Substation Manager
Highest Compensated Employee
75th to 90th percentile
$250k
$265k
Base
$186k
Bonus
$4k
Other
$3k
Benefits
$43k
Mgr of Bus. Development
Highest Compensated Employee
75th to 90th percentile
$242k
$256k
Base
$190k
Bonus
$4k
Other
$3k
Benefits
$31k
Manager Fo Operations
Operations Manager
Above 90th percentile
$233k
$247k
Base
$184k
Bonus
$3k
Other
$6k
Benefits
$26k
Director
Board Member
Median to 75th percentile
$44k
$47k
Secretary/treasurer
Officer (Unspecified)
$43k
$46k
President
10th to 25th percentile
$18k
$20k
Director
Board Member
Median to 75th percentile
$18k
$20k
Vice President
25th percentile to median
$15k
$16k

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 $594k in 2023 to $658k in 2024.

$594k
2023
$658k
2024
In today's dollarsEst.
Up 8% in real terms$649k to $698k

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 Operating Officer pay rose 12% from 2023 to 2024, while revenue rose 31%.

$342k in 2023 to $384k in 2024.
  • Key Employee pay rose 49% from 2023 to 2024.
  • Chief Financial Officer pay rose 10% 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

GRAYSON-COLLIN ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$199.7M
$196.8M
2023
$261.6M
$258.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about GRAYSON-COLLIN ELECTRIC COOPERATIVE INC

What does the Chief Operating Officer of GRAYSON-COLLIN ELECTRIC COOPERATIVE INC earn?

In 2024, the Chief Operating Officer of GRAYSON-COLLIN ELECTRIC COOPERATIVE INC received $383,950 in total compensation. This pay is in the top 10% for Chief Operating 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 Operating Officer pay at GRAYSON-COLLIN ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Operating Officer at GRAYSON-COLLIN ELECTRIC COOPERATIVE INC falls in the top 10%.

What are GRAYSON-COLLIN ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, GRAYSON-COLLIN ELECTRIC COOPERATIVE INC reported $261.6M in total revenue and $258.2M in total expenses on its IRS Form 990.

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