Bandera Electric Cooperative Inc

Bandera, TX
Tax-exempt since Jan. 1940
EIN: 74-0498072

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Type of Nonprofit

Designated as a 501(c)(12) Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2022 tax filing, this nonprofit:

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$101M (2022)

Expenses

$103M (2022)

Total Assets

$314M (2022)

Total Liabilities

$215M (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Form 990 documents are not available for this tax period, but audit documents are available for download.

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2022

Revenue

$101,364,554

Expenses

$103,436,072

Net Income

-$2,071,518

Net Assets

$98,803,874

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$100,946,016	99.6%
Investment Income	$3,991	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$1,000	0.0%
Net Fundraising	$0
Sales of Assets	$26,400	0.0%
Net Inventory Sales	$82,342	0.1%
Other Revenue	$304,805	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,002,739	2.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,258,090	7.0%

Assets/Debt
Total Assets	$313,922,320
Total Liabilities	$215,118,446
Net Assets	$98,803,874

Club or Co-Op Income
Income From Members	$104,162,083
Income From Other Sources	$8,043,155

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
William Hetherington (Ceo/General Manager)	$466,946	$0	$170,867
John Padalino (General Counsel/Chief Admin Officer)	$307,648	$0	$85,510
Shane Schmidt (Vp Of Bec Fiber)	$295,230	$0	$87,547
Becky Bradburn (Cfo)	$251,728	$0	$104,563
Justin Mckenzie (Vp Of Apolloware & Energy Services)	$186,535	$0	$28,139
John Rush (Director Of Electric Operations)	$183,051	$0	$82,897
Thilo Janssen (Director Of Engineering)	$170,867	$0	$63,030
Allen Marshall (Manager Of Outside Plant Operations)	$153,685	$0	$62,046
Michael Shults (Network Operations Manager)	$153,311	$0	$50,380
John Hernandez (Line Foreman)	$152,112	$0	$64,781
Billy Simpson (Manager Of Products & Services)	$143,909	$0	$57,703
Johnny Olibas (Director Of Information Technology)	$141,871	$0	$31,673
Garrett Clark (Line Foreman)	$128,257	$0	$47,564
Robert Aguirre (Director)	$37,000	$0	$0
Michael Edwards (Chairman)	$36,200	$0	$0
Jeremy Diller (Vice Chairman)	$36,000	$0	$0
Kurt Solis (Secretary/Treasurer)	$35,500	$0	$0
Chris Blakemore (Director)	$35,000	$0	$0
Annegreth Niemann (Director)	$33,250	$0	$0
Richard Earnest (Director)	$31,500	$0	$0
Jeffrey Slocum (Director)	$29,000	$0	$0
Frances Laue (Director)	$29,000	$0	$0

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990

Filed on Nov. 16, 2023

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Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2021

Revenue

$89,188,257

Expenses

$89,743,428

Net Income

-$555,171

Net Assets

$97,334,911

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$87,204,273	97.8%
Investment Income	$67,558	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$1,034,653
Net Inventory Sales	$124,913	0.1%
Other Revenue	$2,826,166	3.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,060,086	2.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,865,927	6.5%

Assets/Debt
Total Assets	$290,540,608
Total Liabilities	$193,205,697
Net Assets	$97,334,911

Club or Co-Op Income
Income From Members	$86,748,498
Income From Other Sources	$7,177,727

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
William Hetherington (Ceo/General Manager)	$438,722	$0	$155,282
John Padalino (General Counsel/Admin Officer)	$287,305	$0	$81,566
Shane Schmidt (Manager Of Bec Fiber)	$257,061	$0	$68,724
Becky Bradburn (Cfo)	$225,642	$0	$90,538
Justin Mckenzie (Manager Of Energy Services)	$165,370	$0	$23,976
John Rush (Manager Of Trans & Dist. Operations)	$148,974	$0	$79,865
Allen Marshall (Outside Plant Operations Supervisor)	$141,600	$0	$57,069
Billy Simpson (Network Operations Supervisor)	$141,411	$0	$53,108
Thilo Janssen (Manager Of Engineering)	$136,567	$0	$55,724
Michael Shults (Network Operations Manager)	$134,871	$0	$46,764
Chris Blakemore (Director)	$35,000	$0	$0
Michael Edwards (Chairman)	$31,400	$0	$0
Kurt Solis (Secretary/Treasurer)	$31,000	$0	$0
Jeremy Diller (Vice Chairman)	$30,500	$0	$0
Frances Laue (Director)	$29,500	$0	$0
Robert Aguirre Feb Dec (Director)	$29,500	$0	$0
Jeffrey Slocum (Director)	$28,000	$0	$0
Richard Earnest (Director)	$26,500	$0	$0
Annegreth Niemann Jun Dec (Director)	$19,500	$0	$0
Jerry Pierce Jan Feb (Director)	$5,000	$0	$0

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990

Filed on Oct. 6, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$81,183,694

Expenses

$81,387,836

Net Income

-$204,142

Net Assets

$92,992,240

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$80,683,065	99.4%
Investment Income	$91,709	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,298	0.0%
Net Inventory Sales	$110,138	0.1%
Other Revenue	$296,484	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,548,271	1.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,322,894	6.5%

Assets/Debt
Total Assets	$270,892,866
Total Liabilities	$177,900,626
Net Assets	$92,992,240

Club or Co-Op Income
Income From Members	$80,489,926
Income From Other Sources	$5,850,611

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
William Hetherington (Ceo)	$352,685	$0	$132,917
John Padalino (General Counsel/Chief Admin Officer)	$231,778	$0	$74,560
Shane Schmidt (Manager Of Bec Fiber)	$159,000	$0	$54,665
John Rush (Manager Of Operations)	$132,405	$0	$70,240
Allen Marshall (Outside Plant Operations Supervisor)	$123,980	$0	$50,894
Billy Simpson (Network Operations Supervisor)	$123,930	$0	$47,038
Thilo Janssen (Manager Of Engineering)	$118,559	$0	$46,854
Perry Holt (Senior Database Administrator)	$118,277	$0	$49,060
Lynn Midgette Jan June (Coo)	$115,001	$0	$0
Becky Bradburn July Dec (Cfo)	$113,410	$0	$44,955
Frances Laue (Director)	$36,000	$0	$0
Kurt Solis (Secretary/Treasurer)	$33,000	$0	$0
Richard Earnest (Director)	$31,500	$0	$0
Michael Edwards (Chairman)	$31,400	$0	$0
Jeffrey Slocum (Director)	$31,000	$0	$0
Jerry Pierce (Director)	$30,000	$0	$0
Jeremy Diller (Vice Chairman)	$29,500	$0	$0
Chris Blakemore (Director)	$24,000	$0	$0
Jerry Word Sr Jan Sep (Director)	$22,900	$0	$0

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990

Filed on Oct. 4, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$80,569,947

Expenses

$80,356,378

Net Income

$213,569

Net Assets

$85,373,740

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$79,849,414	99.1%
Investment Income	$48,309	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$316,880
Net Inventory Sales	$75,023	0.1%
Other Revenue	$914,081	1.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,385,828	1.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,414,976	6.7%

Assets/Debt
Total Assets	$245,266,579
Total Liabilities	$159,892,839
Net Assets	$85,373,740

Club or Co-Op Income
Income From Members	$80,517,241
Income From Other Sources	$4,634,668

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
William Hetherington (Ceo)	$332,219	$0	$107,450
Lynn Midgette (Cfo/Coo)	$291,000	$0	$0
John Padalino (General Counsel/Chief Admin Officer)	$215,450	$0	$44,358
Shane Schmidt (Manager Of Bec Fiber)	$187,929	$0	$46,272
John Rush (Manager Of Operations)	$149,834	$0	$58,985
Shawna Frerich (Controller)	$133,597	$0	$49,314
James Ward (Manager Of Distribution Design)	$119,212	$0	$41,473
Allen Marshall (Outside Plant Operations Supervisor)	$117,857	$0	$43,078
Billy Simpson (Network Operations Supervisor)	$117,857	$0	$39,952
Zeda Alvarado (Director)	$20,500	$0	$0
Michael Edwards (Chairman)	$20,000	$0	$0
Jerry Pierce (Director)	$19,250	$0	$0
Kurt Solis (Secretary/Treasurer)	$19,000	$0	$0
Richard Earnest (Director)	$19,000	$0	$0
Jeremy Diller (Director)	$18,500	$0	$0
Jerry Word Sr (Director)	$18,000	$0	$0
Frances Laue (Director)	$16,500	$0	$0
Douglas Sandidge (Vice Chairman (Jan Sep))	$10,400	$0	$0

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990

Filed on Oct. 16, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$74,737,443

Expenses

$74,854,330

Net Income

-$116,887

Net Assets

$74,919,296

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$73,760,415	98.7%
Investment Income	$47,306	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$18,559	0.0%
Net Inventory Sales	$48,750	0.1%
Other Revenue	$862,413	1.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$784,193	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,547,147	6.1%

Assets/Debt
Total Assets	$205,162,185
Total Liabilities	$130,242,889
Net Assets	$74,919,296

Club or Co-Op Income
Income From Members	$73,027,300
Income From Other Sources	$3,661,444

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
William Hetherington (Ceo)	$320,797	$0	$96,942
Lynn Midgette (Cfo)	$226,004	$0	$0
Bruce Forey (Director Of Marketing)	$132,366	$0	$31,680
Shawna Frerich (Controller)	$130,967	$0	$26,195
Shane Schmidt (Manager Of Fiber Operation)	$130,601	$0	$23,354
Rodrigo Sifuentes (Manager Of Engineering)	$126,564	$0	$33,812
John Rush (Manager Of Operations)	$125,836	$0	$36,790
Michael Edwards (Chairman)	$17,450	$0	$0
Frances Laue (Director)	$17,000	$0	$0
Jeremy Diller (Director)	$16,500	$0	$0
Zeda Alverado (Director)	$16,250	$0	$0
Kurt Solis (Secretary/Treasurer)	$16,000	$0	$0
Jerry Pierce (Director)	$15,750	$0	$0
Richard Earnest (Director)	$14,250	$0	$0
Douglas Sandidge (Vice Chairman)	$14,000	$0	$0
Jerry Word Sr (Director)	$13,250	$0	$0

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990

Filed on Sept. 17, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$68,165,392

Expenses

$68,674,357

Net Income

-$508,965

Net Assets

$68,351,087

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$67,182,290	98.6%
Investment Income	$35,321	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$200	0.0%
Net Inventory Sales	$84,782	0.1%
Other Revenue	$862,799	1.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$665,643	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,074,292	5.9%

Assets/Debt
Total Assets	$171,792,444
Total Liabilities	$103,441,357
Net Assets	$68,351,087

Club or Co-Op Income
Income From Members	$66,464,584
Income From Other Sources	$5,372,564

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
William Hetherington (Ceo/General Manager)	$260,614	$0	$90,329
Lynn Midgette (Cfo/Coo)	$181,000	$0	$0
Rodrigo Sifuentes (Manager Of Engineering)	$127,856	$0	$36,076
John Rush (Manager Of Operations)	$121,901	$0	$49,317
Shawna Frerich (Controller)	$106,129	$0	$33,691
Richard Mcdonald (It Manager (Jan May))	$105,915	$0	$14,618
James Ward (Manager Of Distribution Design)	$104,188	$0	$31,075
Jerry Pierce (Director)	$17,000	$0	$0
Jeremy Diller (Director)	$16,250	$0	$0
Frances Laue (Director)	$16,000	$0	$0
Kurt Solis (Secretary/Treasurer)	$15,750	$0	$0
Richard Earnest (Director)	$15,750	$0	$0
Michael Edwards (Chairman)	$15,450	$0	$0
Zeda Alverado (Director)	$14,500	$0	$0
Douglas Sandidge (Vice Chairman)	$11,500	$0	$0
Jerry Word Sr (Director)	$11,500	$0	$0

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990

Filed on Oct. 24, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$60,033,432

Expenses

$60,017,539

Net Income

$15,893

Net Assets

$63,369,294

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$58,724,975	97.8%
Investment Income	$35,575	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$796,934	1.3%
Net Fundraising	$0
Sales of Assets	$11,575	0.0%
Net Inventory Sales	$0
Other Revenue	$464,373	0.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$584,489	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,526,493	9.2%

Assets/Debt
Total Assets	$160,704,961
Total Liabilities	$97,335,667
Net Assets	$63,369,294

Club or Co-Op Income
Income From Members	$55,670,053
Income From Other Sources	$4,363,379

Compensation

Key Employees and Officers	Compensation	Related	Other
William F Hetherington (Ceo/General Manager)	$200,899	$0	$58,439
Lynn Midgette (Cfo/Finance And Admin Manager)	$180,916	$0	$0
Rodrigo Sifuentes (Manager, Engineering & Plannin)	$122,160	$0	$31,315
Zeda Alvarado (Director)	$18,254	$0	$0
Michael D T Edwards (Chairman)	$18,204	$0	$0
Jerry S Pierce (Director)	$17,254	$0	$0
Jeremy Diller (Director)	$16,754	$0	$0
Kurt Solis (Secretary/Treasurer)	$15,004	$0	$0
Douglas R Sandidge (Vice Chairman)	$14,754	$0	$0
Richard D Earnest (Director)	$14,504	$0	$0
Jerry N Word Sr (Director)	$12,504	$0	$0
Frances J Laue (Director)	$8,502	$0	$0
Lee R Kneupper (Director)	$8,501	$0	$0

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990

Filed on Oct. 30, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$64,392,917

Expenses

$64,362,130

Net Income

$30,787

Net Assets

$55,909,170

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$63,376,501	98.4%
Investment Income	$35,983	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$758,209	1.2%
Net Fundraising	$0
Sales of Assets	$11,325	0.0%
Net Inventory Sales	$1,215	0.0%
Other Revenue	$209,684	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$531,814	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,930,989	7.7%

Assets/Debt
Total Assets	$160,237,489
Total Liabilities	$104,328,319
Net Assets	$55,909,170

Club or Co-Op Income
Income From Members	$63,376,501
Income From Other Sources	$1,016,416

Compensation

Key Employees and Officers	Compensation	Related	Other
William F Hetherington (Ceo/General Manager)	$189,060	$0	$54,594
Lynn Midgette (Cfo/Finance And Admin Manager)	$164,418	$0	$0
Rodrigo Sifuentes (Engrg/Tech System/Planning Mgr)	$115,027	$0	$31,287
Michael D T Edwards (President)	$16,554	$0	$0
Kurt Solis (Secretary/Treasurer)	$15,803	$0	$0
Richard D Earnest (Director)	$15,071	$0	$0
Lee R Kneupper (Director)	$14,700	$0	$0
Jeremy Diller (Director)	$14,404	$0	$0
Douglas R Sandidge (Vice President)	$13,054	$0	$0
Jerry N Word Sr (Director)	$12,352	$0	$0
Charles Wilson (Director)	$11,502	$0	$0
Jerry S Pierce (Director)	$9,552	$0	$0
Zeda Alvarado (Director)	$750	$0	$0

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990

Filed on Sept. 1, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$74,869,906

Expenses

$74,869,906

Net Income

Net Assets

$52,861,410

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$74,084,937	99.0%
Investment Income	$42,978	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$732,688	1.0%
Net Fundraising	$0
Sales of Assets	$7,518	0.0%
Net Inventory Sales	$1,785	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$568,512	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,119,064	4.2%

Assets/Debt
Total Assets	$168,007,330
Total Liabilities	$115,145,920
Net Assets	$52,861,410

Club or Co-Op Income
Income From Members	$73,692,308
Income From Other Sources	$3,476,667

Compensation

Key Employees and Officers	Compensation	Related	Other
William Hetherington (Ceo/General Manager)	$184,423	$0	$59,820
Rodrigo Sifuentes (Manager Of Engineering)	$116,392	$0	$28,398
Lee Edward Pressler (Quality Inspector/System Planner)	$113,837	$0	$35,669
Leslie W Kramer 12014 32014 (Cfo)	$112,665	$0	$29,160
Lynn Midgette 82014 122014 (Cfo)	$61,307	$0	$0
Michael Edwards (President)	$16,003	$0	$0
Kurt Solis (Secretary Treasurer)	$15,902	$0	$0
Richard Earnest (Director)	$12,721	$0	$0
Lee Kneupper (Director)	$12,600	$0	$0
Roger Swift 12014 112014 (Director)	$12,402	$0	$0
Douglas Sandidge (Vice President)	$12,303	$0	$0
Charles Wilson (Director)	$11,702	$0	$0
Donald Enders 12014 42014 (Director)	$11,301	$0	$0
Jerry Word Sr (Director)	$10,602	$0	$0
Jeremy Diller 82014 122014 (Director)	$5,601	$0	$0

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990

Filed on Nov. 9, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$62,818,004

Expenses

$62,818,004

Net Income

Net Assets

$49,867,944

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$61,986,642	98.7%
Investment Income	$70,408	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$693,296	1.1%
Net Fundraising	$0
Sales of Assets	$60,143	0.1%
Net Inventory Sales	$7,515	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$455,345	0.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,050,470	4.9%

Assets/Debt
Total Assets	$166,169,241
Total Liabilities	$116,301,297
Net Assets	$49,867,944

Club or Co-Op Income
Income From Members	$60,936,554
Income From Other Sources	$3,574,316

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert Waid 0113 0613 (Ceo/General Manager)	$162,001	$0	$19,800
Leslie W Kramer (Finance & Admin Manager)	$148,574	$0	$36,957
Brian Bartos 0113 0613 (Engineering Manager)	$128,793	$0	$19,623
William Hetherington 0613 1213 (Ceo/General Manager)	$99,338	$0	$32,769
Donald Enders (President)	$19,003	$0	$0
Douglas Sandidge (Vice President)	$16,003	$0	$0
Charles Wilson (Director)	$15,604	$0	$0
Kurt Solis (Director)	$15,402	$0	$0
Lee Kneupper (Director)	$15,400	$0	$0
Richard Earnest (Director)	$15,318	$0	$0
Jerry Word Sr (Director)	$15,202	$0	$0
Roger Swift (Secretary Treasurer)	$15,002	$0	$0
Michael Edwards (Director)	$14,503	$0	$0

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990

Filed on Nov. 13, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$60,104,648

Expenses

$60,104,648

Net Income

Net Assets

$50,056,767

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$59,326,855	98.7%
Investment Income	$70,538	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$686,724	1.1%
Net Fundraising	$0
Sales of Assets	$9,750	0.0%
Net Inventory Sales	$10,781	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$420,619	0.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,862,883	4.8%

Assets/Debt
Total Assets	$162,402,670
Total Liabilities	$112,345,903
Net Assets	$50,056,767

Club or Co-Op Income
Income From Members	$58,259,258
Income From Other Sources	$3,343,961

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$61,950,847

Expenses

$61,950,847

Net Income

Net Assets

$51,044,582

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$61,206,839	98.8%
Investment Income	$70,528	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$619,498	1.0%
Net Fundraising	$0
Sales of Assets	$43,498	0.1%
Net Inventory Sales	$10,484	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$387,721	0.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,605,663	4.2%

Assets/Debt
Total Assets	$159,830,012
Total Liabilities	$108,785,430
Net Assets	$51,044,582

Club or Co-Op Income
Income From Members	$60,679,358
Income From Other Sources	$2,246,089

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated November 21, 2024

Bandera Electric Cooperative Inc

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $101M (2022)

Expenses $103M (2022)

Total Assets $314M (2022)

Total Liabilities $215M (2022)

Tax Filings and Audits by Year

Fiscal Year Ending Dec. 2023

No Extracted Financial Data

Document Links

Audits

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audits

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

Revenue

$101M (2022)

Expenses

$103M (2022)

Total Assets

$314M (2022)

Total Liabilities

$215M (2022)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

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2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
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2014

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2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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