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Filing year 2024

GRAYSON-COLLIN ELECTRIC COOPERATIVE INC

Van Alstyne, Texas·EIN 75-0300645·12
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 · Schedule J · 20 reported individuals · Filing year 2024

Ceo/gm
officer (unspecified)
$658k
$698k
Base
$498k
Bonus
$10k
Other
$92k
Benefits
$31k
Base
$292k
Bonus
$5k
Other
$32k
Benefits
$31k
Manager of Inside Ops
key employee
$343k
$364k
Base
$247k
Bonus
$4k
Other
$28k
Benefits
$44k
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
$300k
$318k
Base
$223k
Bonus
$4k
Other
$10k
Benefits
$44k
Manager of Operations
key employee
$281k
$298k
Base
$192k
Bonus
$3k
Other
$27k
Benefits
$43k
Manager of IT
key employee
$279k
$296k
Base
$209k
Bonus
$4k
Other
$18k
Benefits
$31k
Manager of Operations
key employee
$272k
$289k
Base
$175k
Bonus
$4k
Other
$46k
Benefits
$31k
Mgr of Bus. Development
highest compensated employee
$264k
$280k
Base
$196k
Bonus
$3k
Other
$7k
Benefits
$42k
Manager of Operations
key employee
$256k
$272k
Base
$195k
Bonus
$3k
Other
$12k
Benefits
$31k
Foreman
highest compensated employee
$251k
$266k
Base
$188k
Bonus
$3k
Other
$5k
Benefits
$43k
Substation Manager
highest compensated employee
$250k
$265k
Base
$186k
Bonus
$4k
Other
$3k
Benefits
$43k
Mgr of Bus. Development
highest compensated employee
$242k
$256k
Base
$190k
Bonus
$4k
Other
$3k
Benefits
$31k
Manager Fo Operations
highest compensated employee
$233k
$247k
Base
$184k
Bonus
$3k
Other
$6k
Benefits
$26k
Director
board member
$44k
$47k
Secretary/treasurer
officer (unspecified)
$43k
$46k
Director
board member
$18k
$20k
$18k
$20k
Vice President
vice president
$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.

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.
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