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Filing year 2024

TAYLOR ELECTRIC COOPERATIVE INC

Merkel, Texas·EIN 75-0597925·12
Total revenue
$70.7M
Total assets
$234.3M
Total expenses
$72.8M
Reported officers
17

Executive compensation, broken down

Form 990 · Schedule J · 17 reported individuals · Filing year 2024

President/chief Executive Officer
$453k
$481k
Base
$281k
Bonus
$39k
Other
$25k
Benefits
$37k
Chief Financial Officer
$318k
$337k
Base
$187k
Bonus
$29k
Other
$12k
Benefits
$14k
Director of Electric Operations
$272k
$289k
Base
$142k
Bonus
$15k
Other
$2k
Benefits
$24k
VP of Engineering
vice president
$252k
$267k
Base
$156k
Bonus
$13k
Other
$3k
Benefits
$25k
Working Foreman
highest compensated employee
$224k
$237k
Base
$121k
Bonus
$6k
Other
$700
Benefits
$32k
Mbr Services/communication Mgr
highest compensated employee
$208k
$220k
Base
$111k
Bonus
$10k
Other
$3k
Benefits
$26k
Const & Energy Services Mgr
highest compensated employee
$190k
$201k
Base
$112k
Bonus
$13k
Other
$2k
Benefits
$24k
Working Foreman
highest compensated employee
$184k
$195k
Base
$123k
Bonus
$3k
Other
$436
Benefits
$33k
Sr Finance Planning & Analysis Mgr
highest compensated employee
$158k
$168k
Base
$96k
Bonus
$26k
Other
$3k
Benefits
$25k
Director
board member
$30k
$31k
Chairman
board chair
$22k
$23k
Secretary/treasurer
officer (unspecified)
$22k
$23k
Director
board member
$22k
$23k
Director
board member
$22k
$23k
Vice Chairman
board vice chair
$22k
$23k
Director (feb-dec)
board member
$18k
$19k
Director (jan)
board member
$2k
$2k

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 4%
from 2023

From $434k in 2023 to $453k in 2024.

$434k
2023
$453k
2024
In today's dollarsEst.
Up 1% in real terms$474k to $481k

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

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

RevenueExpenses
$72.9M
$74.6M
2023
$70.7M
$72.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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