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BANDERA ELECTRIC COOPERATIVE INC

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Public IRS 990 nonprofit record

BANDERA ELECTRIC COOPERATIVE INC

EIN 74-0498072 · Mutual & Membership Benefit (Y)

What they do

to PROVIDE ELECTRIC, BROADBAND INTERNET and OTHER RELATED GOODS and SERVICES to OUR MEMBERS.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$99.92spent for every $100 of revenueRevenue covered expenses this year.
$3.13in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $965,536 for WILLIAM HETHERINGTON (CHIEF EXECUTIVE OFFICER/GM). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$114,366,638
Expenses$114,274,372
Annual surplus $92,266 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$114,366,638
Expenses$114,274,372
Assets$357,726,185
Income$114,562,237
Grants given$104,429
Average grant$20,886
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
WILLIAM HETHERINGTONCHIEF EXECUTIVE OFFICER/GM · 50 hrs/week $965,536Base $817,452 · Other $148,084
JOHN PADALINOGENERAL COUNSEL/CHIEF ADMIN OFFICER · 60 hrs/week $446,304Base $366,292 · Other $80,012
SHANE SCHMIDTCHIEF OPERATIONS OFFICER · 52 hrs/week $421,251Base $343,468 · Other $77,783
JOHN RUSHDIRECTOR OF ELECTRIC OPERATIONS · 50 hrs/week $297,508Base $218,967 · Other $78,541
MARK BUSBYT&D OPERATIONS MANAGER · 50 hrs/week $279,961Base $154,676 · Other $125,285
THILO JANSSENDIRECTOR OF ENGINEERING · 52 hrs/week $257,533Base $193,999 · Other $63,534
STEPHANIE PANKRATZCHIEF FINANCIAL OFFICER · 45 hrs/week $255,248Base $224,698 · Other $30,550
ALLEN MARSHALLDIRECTOR OF BROADBAND OPERATIONS · 50 hrs/week $234,621Base $179,185 · Other $55,436
JOHNNY OLIBASDIRECTOR OF INFORMATION TECHNOLOGY · 40 hrs/week $232,629Base $161,125 · Other $71,504
JOHN HERNANDEZLINE FOREMAN · 51 hrs/week $230,096Base $163,762 · Other $66,334
MICHAEL SHULTSNETWORK OPERATIONS MANAGER · 46 hrs/week $207,992Base $163,624 · Other $44,368
BILLY SIMPSONMANAGER OF PRODUCTS & SERV · 50 hrs/week $200,901Base $148,862 · Other $52,039

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

WILLIAM HETHERINGTONCHIEF EXECUTIVE OFFICER/GM

JOHN PADALINOGENERAL COUNSEL/CHIEF ADMIN OFFICER

SHANE SCHMIDTCHIEF OPERATIONS OFFICER

JOHN RUSHDIRECTOR OF ELECTRIC OPERATIONS

MARK BUSBYT&D OPERATIONS MANAGER

THILO JANSSENDIRECTOR OF ENGINEERING

STEPHANIE PANKRATZCHIEF FINANCIAL OFFICER

ALLEN MARSHALLDIRECTOR OF BROADBAND OPERATIONS

JOHNNY OLIBASDIRECTOR OF INFORMATION TECHNOLOGY

JOHN HERNANDEZLINE FOREMAN

MICHAEL SHULTSNETWORK OPERATIONS MANAGER

BILLY SIMPSONMANAGER OF PRODUCTS & SERV

GARRETT CLARKLINE FOREMAN

WILLIAM DOWNUMLINE FOREMAN

JOSEPH SAUCEINFORMATION TECHNOLOGY MANAGER

CHRIS BLAKEMOREDIRECTOR

ANNEGRETH NIEMANNDIRECTOR

JEREMY DILLERVICE CHAIRMAN

MICHAEL EDWARDSCHAIRMAN

KURT SOLISSECRETARY/TREASURER

ROBERT AGUIRREDIRECTOR

FRANCES LAUEDIRECTOR

JEFFERY SLOCUMDIRECTOR

RICHARD EARNESTDIRECTOR

About this charity

Recognized since
January 1940
Location
PO BOX 667, BANDERA, TX 78003-0667
County
Bandera
In care of
% BANDERA
Primary officer
STEPHANIE PANKRATZ, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
BOLINGER SEGARS GILBERT AND MOSS LLP
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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