Nueces Electric Cooperative Inc

Robstown, TX
Tax-exempt since May 1940
EIN: 74-0811772

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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.

Revenue

$103M (2023)

Expenses

$101M (2023)

Total Assets

$223M (2023)

Total Liabilities

$91.5M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings 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.

Fiscal Year Ending Dec.
2023

Revenue

$102,692,877

Expenses

$101,422,328

Net Income

$1,270,549

Net Assets

$131,878,330

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$101,067,196	98.4%
Investment Income	$1,523,351	1.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$4,084	0.0%
Net Inventory Sales	$46,661	0.0%
Other Revenue	$51,585	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,410,480	1.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,221,450	4.2%

Assets/Debt
Total Assets	$223,330,069
Total Liabilities	$91,451,739
Net Assets	$131,878,330

Club or Co-Op Income
Income From Members	$99,873,677
Income From Other Sources	$4,003,398

Compensation

Key Employees and Officers	Compensation	Related	Other
Varzavand Irani (Chief Executive Officer)	$350,096	$0	$102,554
Sarah Fisher (Coo/Assistant Gm)	$201,469	$0	$123,661
Robert Holloway (Journeyman Lead)	$200,120	$0	$56,215
Juan Rivera (Journeyman Lead)	$193,120	$0	$51,350
Adriana Pena (Chief Financial Officer)	$165,441	$0	$81,583
Raymundo Pina (Journeyman Lead)	$162,885	$0	$49,821
Frank Wilson (Chief Retail Officer)	$161,905	$0	$83,671
Roland Trevino (Journeyman)	$150,489	$0	$50,685
Manuel Pina (Journeyman)	$145,093	$0	$47,297
Brian Menking (President)	$21,300	$0	$0
David Rosse (Secretary/Treasurer)	$20,100	$0	$0
Susan Stewart (Director)	$19,800	$0	$0
Rumaldo Juarez (Vice President)	$18,200	$0	$0
Gregg Truesdale (Director)	$17,700	$0	$0
Gladys Lippincott (Director)	$17,100	$0	$0
Donald Wayne Herrmann (Director)	$16,500	$0	$0
Juan Alvarado (Director (Jan Oct))	$9,400	$0	$0

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990

Filed on Nov. 14, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$110,016,479

Expenses

$109,998,829

Net Income

$17,650

Net Assets

$123,285,936

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$109,057,063	99.1%
Investment Income	$933,618	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$3,076
Net Inventory Sales	-$22,711
Other Revenue	$51,585	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,431,326	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,959,417	3.6%

Assets/Debt
Total Assets	$219,076,817
Total Liabilities	$95,790,881
Net Assets	$123,285,936

Club or Co-Op Income
Income From Members	$109,490,286
Income From Other Sources	$1,947,731

Compensation

Key Employees and Officers	Compensation	Related	Other
Varzavand Irani (Ceo)	$312,720	$0	$125,710
Sarah Fisher (Coo/Assistant Gm)	$192,579	$0	$137,029
Juan Rivera (Journey Line Worker)	$169,355	$0	$55,610
Robert Holloway (Journey Line Worker)	$166,158	$0	$60,006
Adriana Pena (Cfo)	$157,662	$0	$124,191
Frank Wilson (Cro)	$150,148	$0	$94,187
Raymundo Pina (Journey Line Worker)	$144,351	$0	$56,651
Juan Guzman (Journey Line Worker)	$135,349	$0	$47,225
Albert Pena (Journey Line Worker)	$133,967	$0	$69,316
Brian Menking (President)	$19,800	$0	$0
David Rosse (Secretary/Treasurer)	$17,400	$0	$0
Rumaldo Juarez (Director)	$17,100	$0	$0
Gregg Truesdale (Director)	$17,100	$0	$0
Gladys Lippincott (Director)	$16,800	$0	$0
Juan Alvarado (Director)	$16,500	$0	$0
Donald Wayne Herrmann (Director)	$15,600	$0	$0
Louis W Hartman Jan Sep (Director)	$12,900	$0	$0
Susan Stewart Oct Dec (Director)	$3,900	$0	$0

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990

Filed on Nov. 13, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$88,707,765

Expenses

$88,584,814

Net Income

$122,951

Net Assets

$117,188,668

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$87,521,103	98.7%
Investment Income	$1,128,983	1.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$1,725	0.0%
Net Fundraising	$0
Sales of Assets	$3,872	0.0%
Net Inventory Sales	$4,362	0.0%
Other Revenue	$47,720	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,296,985	1.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,737,556	4.2%

Assets/Debt
Total Assets	$212,095,793
Total Liabilities	$94,907,125
Net Assets	$117,188,668

Club or Co-Op Income
Income From Members	$86,807,261
Income From Other Sources	$2,625,195

Compensation

Key Employees and Officers	Compensation	Related	Other
Varzavand Irani (Ceo)	$264,125	$0	$88,369
Sarah Fisher (Coo/Assistant General Manager)	$181,718	$0	$125,937
Juan Rivera (Journey Line Worker)	$177,340	$0	$54,583
Robert Holloway (Journey Line Worker)	$156,395	$0	$56,204
Adriana Pena (Cfo)	$150,585	$0	$115,603
Christopher Tiner (Journey Line Worker)	$142,818	$0	$66,048
Frank Wilson (Cro)	$141,640	$0	$87,108
Raymundo Pina (Journey Line Worker)	$137,712	$0	$53,005
Albert Pena (Journey Line Worker)	$125,644	$0	$64,480
Brian Menking (President)	$19,800	$0	$0
David Rosse (Secretary/Treasurer)	$19,800	$0	$0
Gladys Lippincott (Director)	$17,400	$0	$0
Louis W Hartman (Vice President)	$17,100	$0	$0
Gregg Truesdale (Director)	$17,100	$0	$0
Rumaldo Juarez (Director)	$17,100	$0	$0
Donald Wayne Herrmann (Director)	$16,800	$0	$0
Juan Alvarado (Director)	$16,800	$0	$0

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990

Filed on Oct. 7, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$97,372,195

Expenses

$99,637,541

Net Income

-$2,265,346

Net Assets

$114,936,023

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$94,721,012	97.3%
Investment Income	$1,069,906	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$1,725	0.0%
Net Fundraising	$0
Sales of Assets	$44,546	0.0%
Net Inventory Sales	$22,953	0.0%
Other Revenue	$1,512,053	1.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,143,083	1.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,533,050	3.5%

Assets/Debt
Total Assets	$210,472,027
Total Liabilities	$95,536,004
Net Assets	$114,936,023

Club or Co-Op Income
Income From Members	$92,643,192
Income From Other Sources	$4,233,291

Compensation

Key Employees and Officers	Compensation	Related	Other
Varzavand Irani (Ceo)	$201,261	$0	$73,203
Sarah Fisher (Assistant General Manager & Cco)	$175,917	$0	$105,048
Adriana Pena (Cfo)	$142,163	$0	$92,101
Robert Holloway (Lineman)	$141,667	$0	$49,102
Juan Rivera (Lineman)	$137,648	$0	$46,042
Frank Wilson (Cro)	$130,966	$0	$73,624
Christopher Tiner (Lineman)	$126,661	$0	$56,598
Manuel Mayorga (Line Superintendent)	$117,783	$0	$60,503
Raymundo Pina (Lineman)	$116,832	$0	$45,825
Brian Menking (President)	$20,400	$0	$0
David Rosse (Secretary/Treasurer)	$19,500	$0	$0
Louis W Hartman (Vice President)	$18,600	$0	$0
Gladys Lippincott (Director)	$18,300	$0	$0
Donald Wayne Herrmann (Director)	$18,300	$0	$0
Gregg Truesdale (Director)	$18,300	$0	$0
Rumaldo Juarez (Director)	$18,000	$0	$0
Juan Alvarado (Director)	$17,400	$0	$0

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990

Filed on Nov. 15, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$115,181,797

Expenses

$115,625,120

Net Income

-$443,323

Net Assets

$111,458,953

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$114,022,319	99.0%
Investment Income	$1,046,407	0.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$1,725	0.0%
Net Fundraising	$0
Sales of Assets	$45,523	0.0%
Net Inventory Sales	$20,206	0.0%
Other Revenue	$45,617	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,187,324	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,438,209	3.0%

Assets/Debt
Total Assets	$206,673,260
Total Liabilities	$95,214,307
Net Assets	$111,458,953

Club or Co-Op Income
Income From Members	$110,469,182
Income From Other Sources	$2,384,150

Compensation

Key Employees and Officers	Compensation	Related	Other
Varzavand Irani (Ceo)	$172,042	$0	$47,843
Sarah Fisher (Cco)	$170,154	$0	$81,512
Juan Rivera (Lineman)	$144,715	$0	$47,555
Trace Mccuan (Ceo (Jan May))	$139,401	$0	$10,893
Robert Holloway (Lineman)	$137,222	$0	$41,679
Adriana Pena (Cfo)	$132,412	$0	$67,554
Frank Wilson (Cro)	$122,336	$0	$58,827
Raymundo Pina (Lineman)	$118,697	$0	$37,973
Juan Guzman (Lineman)	$115,663	$0	$34,416
Manuel Mayorga (Lineman)	$112,533	$0	$49,770
Brian Menking (President)	$22,950	$0	$0
Rumaldo Juarez (Director)	$21,300	$0	$0
David Rosse (Secretary/Treasurer)	$20,250	$0	$0
Juan Alvarado (Director)	$19,800	$0	$0
Louis W Hartman (Vice President)	$19,225	$0	$0
Gladys Lippincott (Director)	$18,900	$0	$0
Donald Wayne Herrmann (Director)	$18,625	$0	$0
Tommy Ermis (Asst Secretary/Treasurer (Jan Oct))	$18,000	$0	$0
Gregg Truesdale (Director)	$17,200	$0	$0
Maxine Stewart (Director (Jan Aug))	$8,100	$0	$0

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990

Filed on Sept. 30, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$115,333,723

Expenses

$115,725,281

Net Income

-$391,558

Net Assets

$101,004,789

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$114,405,662	99.2%
Investment Income	$844,075	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$1,925	0.0%
Net Fundraising	$0
Sales of Assets	$16,626	0.0%
Net Inventory Sales	$20,346	0.0%
Other Revenue	$45,089	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,275,620	1.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,114,340	2.7%

Assets/Debt
Total Assets	$192,520,741
Total Liabilities	$91,515,952
Net Assets	$101,004,789

Club or Co-Op Income
Income From Members	$111,355,857
Income From Other Sources	$2,389,219

Compensation

Key Employees and Officers	Compensation	Related	Other
Trace L Mccuan (Ceo)	$241,873	$0	$67,055
Varzavand Irani (Coo)	$150,236	$0	$49,218
Sarah Fisher (Cco)	$142,401	$0	$72,102
Robert Holloway (Journey Lineman)	$135,180	$0	$38,597
Juan Rivera (Journey Lineman)	$133,481	$0	$41,450
Adriana Pena (Cfo)	$123,015	$0	$69,014
Frank Wilson (Cro)	$115,758	$0	$61,323
Roland Trevino (Journey Lineman)	$108,123	$0	$42,831
Raymundo Pina (Journey Lineman)	$107,095	$0	$35,641
Manuel Mayorga (Line Support)	$104,925	$0	$55,414
Brian Menking (President)	$21,325	$0	$0
Louis W Hartman (Vice President)	$19,225	$0	$0
Rumaldo Juarez (Director)	$18,900	$0	$0
Donald Wayne Herrmann (Director)	$18,825	$0	$0
Gregg Truesdale (Director)	$18,300	$0	$0
Juan Alvarado (Director)	$18,300	$0	$0
Tommy Ermis (Asst Secretary/Treasurer)	$18,025	$0	$0
David Rosse (Secretary/Treasurer)	$18,000	$0	$0
Gladys Lippincott (Director)	$17,125	$0	$0
Maxine Stewart (Director)	$15,600	$0	$0

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990

Filed on Sept. 5, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$112,161,802

Expenses

$111,227,062

Net Income

$934,740

Net Assets

$92,462,022

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$111,209,870	99.2%
Investment Income	$863,495	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$1,725	0.0%
Net Fundraising	$0
Sales of Assets	$23,699	0.0%
Net Inventory Sales	$18,514	0.0%
Other Revenue	$44,499	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,191,616	1.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,297,410	3.0%

Assets/Debt
Total Assets	$186,837,286
Total Liabilities	$94,375,264
Net Assets	$92,462,022

Club or Co-Op Income
Income From Members	$109,219,502
Income From Other Sources	$3,026,036

Compensation

Key Employees and Officers	Compensation	Related	Other
Trace L Mccuan (Ceo)	$216,858	$0	$61,317
Varzavand Irani (Coo)	$137,683	$0	$43,599
Sarah Fisher (Cco)	$125,078	$0	$85,190
Juan Rivera (Lineman)	$122,377	$0	$39,536
Robert Holloway (Lineman)	$122,209	$0	$36,012
Adriana Pena (Cfo)	$111,652	$0	$50,787
Juan Guzman (Lineman)	$109,369	$0	$32,236
Frank Wilson (Cro)	$107,934	$0	$57,893
Raymundo Pina (Lineman)	$105,916	$0	$33,974
Roland Trevino (Lineman)	$104,244	$0	$40,158
Brian Menking (President)	$21,950	$0	$0
David Rosse (Secretary/Treasurer)	$21,325	$0	$0
Tommy Ermis (Asst Secretary/Treasurer)	$21,025	$0	$0
Rumaldo Juarez (Director)	$20,425	$0	$0
Louis W Hartman (Vice President)	$19,825	$0	$0
Juan Alvarado (Director)	$19,825	$0	$0
Gregg Truesdale (Director)	$18,825	$0	$0
Gladys Lippincott (Director)	$18,325	$0	$0
Donald Wayne Herrmann (Director)	$16,200	$0	$0
Maxine Stewart (Director)	$15,900	$0	$0

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990

Filed on Oct. 17, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$100,167,287

Expenses

$99,680,668

Net Income

$486,619

Net Assets

$81,193,736

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$99,735,781	99.6%
Investment Income	$737,391	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$2,325	0.0%
Net Fundraising	$0
Sales of Assets	-$351,845
Net Inventory Sales	$13,268	0.0%
Other Revenue	$30,367	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,092,583	1.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,922,966	2.9%

Assets/Debt
Total Assets	$176,131,370
Total Liabilities	$94,937,634
Net Assets	$81,193,736

Club or Co-Op Income
Income From Members	$97,235,878
Income From Other Sources	$2,724,534

Compensation

Key Employees and Officers	Compensation	Related	Other
Trace L Mccuan (Ceo)	$207,522	$0	$17,575
Varzavand Irani (Coo)	$134,097	$0	$43,017
Robert Holloway (Journey Lineman)	$121,641	$0	$33,799
Sarah Fisher (Cco)	$118,930	$0	$73,609
Juan Guzman (Journey Lineman)	$116,133	$0	$30,473
Juan Rivera (Journey Lineman)	$114,732	$0	$36,518
Roland Trevino (Journey Lineman)	$107,351	$0	$36,948
Frank Wilson (Cro)	$103,993	$0	$51,040
Raymundo Pina (Journey Lineman)	$100,306	$0	$31,798
Adriana Pena (Cfo)	$80,728	$0	$42,983
James Sorrell (Cfo (Jan March))	$23,678	$0	$7,336
Gladys Lippincott (Director)	$20,425	$0	$0
Rumaldo Juarez (Director)	$20,150	$0	$0
Juan Alvarado (Director)	$20,100	$0	$0
Donald Wayne Herrmann (Director)	$18,600	$0	$0
Maxine Stewart (Director)	$18,600	$0	$0
Gregg Truesdale (Director)	$18,525	$0	$0
Louis W Hartman (Vice President)	$18,125	$0	$0
David Rosse (Secretary Treasurer)	$18,075	$0	$0
Brian Menking (President)	$18,025	$0	$0
Tommy Ermis (Assistant Sec/Treas)	$17,450	$0	$0

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990

Filed on Sept. 12, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$88,247,378

Expenses

$88,247,378

Net Income

Net Assets

$74,068,620

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$87,449,594	99.1%
Investment Income	$605,232	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$13,225	0.0%
Net Fundraising	$0
Sales of Assets	$122,113	0.1%
Net Inventory Sales	$15,078	0.0%
Other Revenue	$42,136	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,071,934	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,468,966	2.8%

Assets/Debt
Total Assets	$164,384,186
Total Liabilities	$90,315,566
Net Assets	$74,068,620

Club or Co-Op Income
Income From Members	$85,030,497
Income From Other Sources	$1,968,418

Compensation

Key Employees and Officers	Compensation	Related	Other
John Sims (Ceo (Jan Oct))	$302,344	$0	$23,248
Sarah Fisher (Cco)	$131,948	$0	$64,094
Varzavand Irani (Coo)	$127,489	$0	$39,000
Robert Holloway (Journey Lineman)	$119,517	$0	$30,381
Juan Rivera (Journey Lineman)	$116,398	$0	$32,773
Jose Huerta (Journey Lineman)	$108,992	$0	$28,152
Benito Torres (Journey Lineman)	$108,400	$0	$31,772
James Sorrell (Cfo)	$102,933	$0	$35,300
Juan Guzman (Journey Lineman)	$102,897	$0	$25,263
Tommy Ermis (Assistant Sec/Treas)	$27,154	$0	$0
Juan Alvarado (Director)	$24,190	$0	$0
Trace L Mccuan (Ceo (Nov Dec))	$24,157	$0	$662
Gladys Lippincott (Director)	$23,156	$0	$0
David Rosse (Secretary Treasurer)	$22,098	$0	$0
Gregg Truesdale (Director)	$21,816	$0	$0
Rumaldo Juarez (Director)	$20,701	$0	$0
Louis W Hartman (Vice President)	$20,607	$0	$0
Brian Menking (President)	$20,558	$0	$0
Maxine Stewart (Director)	$20,340	$0	$0
Donald Wayne Herrmann (Director)	$20,139	$0	$0

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990

Filed on Nov. 15, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$83,324,437

Expenses

$83,324,437

Net Income

Net Assets

$65,459,127

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$82,466,939	99.0%
Investment Income	$619,042	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$37,519	0.0%
Net Fundraising	$0
Sales of Assets	$189,923	0.2%
Net Inventory Sales	$11,014	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,020,070	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,418,827	2.9%

Assets/Debt
Total Assets	$157,590,286
Total Liabilities	$92,131,159
Net Assets	$65,459,127

Club or Co-Op Income
Income From Members	$81,310,655
Income From Other Sources	$2,607,728

Compensation

Key Employees and Officers	Compensation	Related	Other
John Sims (Ceo)	$252,644	$0	$105,821
Varzavand Irani (Coo)	$129,733	$0	$35,531
Robert Holloway (Journey Lineman)	$118,717	$0	$28,954
Sarah Marie Prater Fisher (Cco)	$116,868	$0	$56,777
Juan Rivera (Journey Lineman)	$103,074	$0	$30,826
James Sorrell (Cfo)	$101,931	$0	$33,349
Raymundo Pina (Journey Lineman)	$101,742	$0	$27,704
Albert Pena (Journey Lineman)	$100,141	$0	$32,562
Rumaldo Juarez (Director)	$22,225	$0	$0
Gladys Lippincott (Director)	$19,575	$0	$0
Louis W Hartman (Vice President)	$19,425	$0	$0
Juan Alvarado (Director)	$19,180	$0	$0
David Rosse (Secretary Treasurer)	$19,100	$0	$0
Donald Wayne Herrmann (Director)	$19,065	$0	$0
Gregg Truesdale (Director)	$18,135	$0	$0
Maxine Stewart (Director)	$17,125	$0	$0
Brian Menking (President)	$17,030	$0	$0
Tommy Ermis (Assistant Sec/Treas)	$16,556	$0	$0

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990

Filed on Aug. 17, 2015

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$76,531,621

Expenses

$76,531,621

Net Income

Net Assets

$61,143,285

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$75,898,592	99.2%
Investment Income	$594,113	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$64,406	0.1%
Net Fundraising	$0
Sales of Assets	-$27,015
Net Inventory Sales	$1,525	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$990,295	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,541,880	3.3%

Assets/Debt
Total Assets	$154,617,513
Total Liabilities	$93,474,228
Net Assets	$61,143,285

Club or Co-Op Income
Income From Members	$74,520,866
Income From Other Sources	$2,137,435

Compensation

Key Employees and Officers	Compensation	Related	Other
John Sims (Ceo)	$233,242	$0	$114,526
Varzavand Irani (Coo)	$118,973	$0	$38,965
Sarah Marie Prater Fisher (Cco)	$106,316	$0	$58,438
Juan Rivera (Lineman)	$102,869	$0	$28,584
Manuel Mayorga (Construction Foreman)	$100,887	$0	$35,053
James Sorrell (Cfo)	$92,817	$0	$26,947
Rumaldo Juarez (Director)	$24,125	$0	$0
Tommy Ermis (Assistant Sec/Treas)	$21,176	$0	$0
Juan Alvarado (Director)	$21,020	$0	$0
Gregg Truesdale (Director)	$20,545	$0	$0
Brian Menking (President)	$20,310	$0	$0
Louis W Hartman (Vice President)	$19,450	$0	$0
Donald Wayne Herrmann (Director)	$19,175	$0	$0
David Rosse (Secretary Treasurer)	$19,035	$0	$0
Gladys Lippincott (Director)	$18,155	$0	$0
Maxine Stewart (Director)	$17,080	$0	$0

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990

Filed on Aug. 11, 2014

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$72,036,057

Expenses

$72,036,057

Net Income

Net Assets

$55,747,321

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$71,345,788	99.0%
Investment Income	$504,681	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$38,307	0.1%
Net Fundraising	$0
Sales of Assets	$140,484	0.2%
Net Inventory Sales	$6,797	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$948,443	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,405,296	3.3%

Assets/Debt
Total Assets	$135,162,072
Total Liabilities	$79,414,751
Net Assets	$55,747,321

Club or Co-Op Income
Income From Members	$69,994,489
Income From Other Sources	$1,004,463

990

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

PDF

Fiscal Year Ending Dec.
2011

Revenue

$70,634,986

Expenses

$70,634,986

Net Income

Net Assets

$50,889,978

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$70,216,034	99.4%
Investment Income	$375,713	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$41,759	0.1%
Net Fundraising	$0
Sales of Assets	$4,801	0.0%
Net Inventory Sales	-$3,321
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$899,798	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,291,847	3.2%

Assets/Debt
Total Assets	$123,458,325
Total Liabilities	$72,568,347
Net Assets	$50,889,978

Club or Co-Op Income
Income From Members	$68,126,585
Income From Other Sources	$836,267

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 December 20, 2024

Nueces Electric Cooperative Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $103M (2023)

Expenses $101M (2023)

Total Assets $223M (2023)

Total Liabilities $91.5M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Revenue

$103M (2023)

Expenses

$101M (2023)

Total Assets

$223M (2023)

Total Liabilities

$91.5M (2023)

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

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004