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BRAZOS ELECTRIC POWER COOPERATIVE INC

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Public IRS 990 nonprofit record

BRAZOS ELECTRIC POWER COOPERATIVE INC

EIN 74-0524729 · Telecommunications (W50)

What they do

Brazos Electric Provides Safe, Reliable, and Cost-effective Transmission and Distribution Service to Members and Wholesale Transmission Customers While Supporting The Reliability of The Bulk Power System.

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 leaders36 people are listed in the latest report.

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

Money made simple

$94.71spent for every $100 of revenueRevenue covered expenses this year.
$6.10in assets for every $1 spent this yearSome assets cannot be spent right away.

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  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 $837,791 for MARK FAGAN (EXECUTIVE VP & 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$312,124,623
Expenses$295,608,811
Annual surplus $16,515,812 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$312,124,623
Expenses$295,608,811
Assets$1,802,974,037
Income$312,935,916
Grants given$140,000,000
Average grant$140,000,000
Accounting fees$331,272
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
MARK FAGANEXECUTIVE VP & GM · 50 hrs/week $837,791Base $758,684 · Other $79,107
JOHNNY YORKVICE PRESIDENT - TRANSMISSION THROUGH 10/31/2024 · 41 hrs/week $785,798Base $472,994 · Other $312,804
CLIFTON KARNEIFORMER EXECUTIVE VP & GM $642,624Base $683,048 · Other -$40,424
KHAKI BORDOVSKYCFO - VP OF CORPORATE SERVICES · 45 hrs/week $497,016Base $431,838 · Other $65,178
KYLE MINNIXDIRECTOR OF MEMBER SERVICES · 47 hrs/week $349,433Base $255,976 · Other $93,457
SHARI HEINOCHIEF RISK & COMPLIANCE OFFICER · 45 hrs/week $337,932Base $278,119 · Other $59,813
ANTHONY KROSKEYMANAGER TRANSMISSION SYSTEM OPERATIONS · 43 hrs/week $300,469Base $215,746 · Other $84,723
DAVID ALBERSVICE PRESIDENT - ENGINEERING & SYSTEM PLANNING · 42 hrs/week $291,272Base $216,146 · Other $75,126
RODNEY LITTLECHIEF TECHNOLOGY OFFICER - VP OF IS · 41 hrs/week $289,643Base $249,036 · Other $40,607
MARK PAVELKADIRECTOR OF PROJECT MGMT & BUS DEV · 48 hrs/week $285,888Base $224,957 · Other $60,931
DAVID FOXMANAGER FISCAL SERVICES & CONTROLLER · 47 hrs/week $282,871Base $226,426 · Other $56,445
DAVID WEBBCOO - VP OF OPS & MAINT · 45 hrs/week $272,445Base $210,454 · Other $61,991

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 (36)

MARK FAGANEXECUTIVE VP & GM

JOHNNY YORKVICE PRESIDENT - TRANSMISSION THROUGH 10/31/2024

CLIFTON KARNEIFORMER EXECUTIVE VP & GM

KHAKI BORDOVSKYCFO - VP OF CORPORATE SERVICES

KYLE MINNIXDIRECTOR OF MEMBER SERVICES

SHARI HEINOCHIEF RISK & COMPLIANCE OFFICER

ANTHONY KROSKEYMANAGER TRANSMISSION SYSTEM OPERATIONS

DAVID ALBERSVICE PRESIDENT - ENGINEERING & SYSTEM PLANNING

RODNEY LITTLECHIEF TECHNOLOGY OFFICER - VP OF IS

MARK PAVELKADIRECTOR OF PROJECT MGMT & BUS DEV

DAVID FOXMANAGER FISCAL SERVICES & CONTROLLER

DAVID WEBBCOO - VP OF OPS & MAINT

DEBRA WENDROCKMANAGER HUMAN RESOURCES

JEFFREY STEBBINSMANAGER TRANSMISSION MAINTENANCE

TIMOTHY HARTZMANAGER TRANSMISSION ENGINEERING

JOSHUA CLEVENGERFORMER VICE PRESIDENT - POWER SUPPLY

RICK ICKERTSECRETARY/TREASURER

AUDIE MORRISVICE PRESIDENT

DENNIS MCWHORTERPRESIDENT

FRANKIE MARTINDIRECTOR

SCOTT MARTINDIRECTOR

MONTY CARLISLEDIRECTOR

HENRY BRADFORDDIRECTOR

STEVE JONESDIRECTOR

WILLIAM ALLENDIRECTOR

WILLIAM RAGSDALEDIRECTOR

JILL SADBERRYDIRECTOR

STEVEN VANN HARRISDIRECTOR

KENNETH ALEXANDERDIRECTOR THROUGH 07/31/2024

BILLY JONESDIRECTOR THROUGH 01/31/2024

CAMERON SMALLWOODDIRECTOR

BRANDON YOUNGDIRECTOR

CODY LASATERDIRECTOR

NEIL J HESSEDIRECTOR

MELISSA WATTSDIRECTOR THROUGH 03/31/2024

DONNIE CLARYDIRECTOR 03/01/2024 THROUGH 03/31/2024

About this charity

Recognized since
January 1969
Location
7616 BAGBY AVE, WACO, TX 76712
County
McLennan
In care of
MARK FAGAN
Primary officer
MARK FAGAN, EXECUTIVE VP & GM

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
FORVIS MAZARS LLP
NTEE classification
Telecommunications (W50)
IRS tax category
Telecommunications
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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