ELECTRIC RELIABILITY COUNCIL OF TEXAS INC Charity Report

Public IRS 990 nonprofit record

ELECTRIC RELIABILITY COUNCIL OF TEXAS INC

EIN 74-2587416 · Public & Societal Benefit (W800)

What they do

WE SERVE THE PUBLIC BY ENSURING A RELIABLE GRID, EFFICIENT ELECTRICITY MARKETS, OPEN ACCESS, and RETAIL CHOICE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

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 leaders37 people are listed in the latest report.

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

Money made simple

64.75%of revenue went to mission work79.2% of expenses · Program services

$81.80spent for every $100 of revenueRevenue covered expenses this year.

17.05%of revenue went to management and office costs20.8% of expenses

$16.71in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
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 $3,637,404 for PABLO VEGAS (BOARD MEMBER; PRESIDENT AND CEO). 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.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$543,240,707

Mission workProgram services$351,754,22364.75% of revenue79.2% of expenses

ManagementOffice and general costs$92,616,47717.05% of revenue20.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$98,870,00718.20% of revenueShown in gray on the chart

Total expenses$444,370,70081.80% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 79.2% mission · 20.8% management · 0.0% fundraisingTotal expenses: 81.80% of revenue

2023Expense mix: 82.3% mission · 17.7% management · 0.0% fundraisingTotal expenses: 82.53% of revenue

2022Expense mix: 84.1% mission · 15.9% management · 0.0% fundraisingTotal expenses: 92.44% of revenue

2021Expense mix: 74.6% mission · 25.4% management · 0.0% fundraisingTotal expenses: 101.84% of revenue

2020Expense mix: 75.6% mission · 24.4% management · 0.0% fundraisingTotal expenses: 95.84% of revenue

2019Expense mix: 75.1% mission · 24.9% management · 0.0% fundraisingTotal expenses: 86.68% of revenue

2018Expense mix: 76.1% mission · 23.9% management · 0.0% fundraisingTotal expenses: 85.37% of revenue

2017Expense mix: 76.1% mission · 23.9% management · 0.0% fundraisingTotal expenses: 92.00% of revenue

Money in and money out

Revenue$543,240,707

Expenses$444,370,700

Annual surplus $98,870,007 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$351,754,223 · 79.2% of expenses

Management and office costs$92,616,477 · 20.8% of expenses

See all reported dollar amounts

Revenue$543,240,707

Expenses$444,370,700

Assets$7,427,062,983

Income$543,240,707

Mission work (program services)$351,754,223

Management and general$92,616,477

Stocks and bonds$542,902,810

Accounting fees$318,024

Investing fees$1,073,629

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

PABLO VEGASBOARD MEMBER; PRESIDENT AND CEO · 60 hrs/week $3,637,404Base $3,558,528 · Other $78,876

DWAYNE RICKERSONSVP & COO · 60 hrs/week $775,699Base $698,641 · Other $77,058

CHAD SEELYSVP & GENERAL COUNSEL · 60 hrs/week $763,610Base $683,449 · Other $80,161

JAYAPAL PARAKKUTHSVP & CHIEF INFORMATION OFFICER · 58 hrs/week $597,179Base $517,117 · Other $80,062

JEYANT TAMBYSVP, CAO & CHIEF OF STAFF · 45 hrs/week $564,698Base $490,485 · Other $74,213

DAN WOODFINVP, SYSTEM OPERATIONS · 40 hrs/week $543,515Base $480,023 · Other $63,492

SALLIE BETTY DAYVP, SECURITY & COMPLIANCE AND CCO · 40 hrs/week $539,670Base $461,454 · Other $78,216

MARA SPAKVP, HUMAN RESOURCES · 55 hrs/week $538,384Base $480,516 · Other $57,868

KRISTI HOBBSVP, SYSTEM PLANNING & WEATHERIZATION · 55 hrs/week $529,091Base $455,167 · Other $73,924

SEAN TAYLORSVP CFO & CRO · 40 hrs/week $523,182Base $451,605 · Other $71,577

ROBERT BLACKVP, PUBLIC AFFAIRS · 40 hrs/week $478,484Base $416,163 · Other $62,321

NATHAN BIGBEEDEPUTY GENERAL COUNSEL · 57 hrs/week $473,794Base $395,021 · Other $78,773

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 (37)

PABLO VEGASBOARD MEMBER; PRESIDENT AND CEO

DWAYNE RICKERSONSVP & COO

CHAD SEELYSVP & GENERAL COUNSEL

JAYAPAL PARAKKUTHSVP & CHIEF INFORMATION OFFICER

JEYANT TAMBYSVP, CAO & CHIEF OF STAFF

DAN WOODFINVP, SYSTEM OPERATIONS

SALLIE BETTY DAYVP, SECURITY & COMPLIANCE AND CCO

MARA SPAKVP, HUMAN RESOURCES

KRISTI HOBBSVP, SYSTEM PLANNING & WEATHERIZATION

SEAN TAYLORSVP CFO & CRO

ROBERT BLACKVP, PUBLIC AFFAIRS

NATHAN BIGBEEDEPUTY GENERAL COUNSEL

VENKATA TIRUPATIVP, DEV OPERATIONS & GRID TRANSFORMATION

BRANDON GLEASONDEPUTY GENERAL COUNSEL

BRYAN HANLEYSR DIRECTOR, IT INFRASTRUCTURE

MARK MINERSR DIRECTOR, CORPORATE COMMUNICATIONS

DAVID KEZELLDIRECTOR, WEATHERIZATION & INSPECTION

ADAM MARTINEZVP, ENTERPRISE RISK & STRATEGY

BRANDT RYDELLASSISTANT GENERAL COUNSEL

RICHARD SCHEELSVP CFO & CRO

JOHN MESSERDIRECTOR, MARKET APPLICATION SERVICES

AJAY MANNEPALLIDIRECTOR, SR IT ARCHITECTURE & STRATEGY

LESLIE SWANSONSR DIRECTOR, CONTROLLER & TREASURER

KENAN OGELMANVP, COMMERCIAL OPERATIONS

KEITH COLLINSVP, COMMERCIAL OPERATIONS

JONATHAN LEVINEASST. GC AND ASST. CORP. SEC.

BILL FLORESDIRECTOR

GILBERT HUGHESVP, PUBLIC AFFAIRS

PEGGY HEEGBOARD MEMBER

JOHN SWAINSONBOARD MEMBER

ROBERT FLEXONBOARD MEMBER

JULIE ENGLANDBOARD MEMBER

LINDA CAPUANOBOARD MEMBER

CARLOS AGUILARBOARD MEMBER

PAUL FOSTERBOARD MEMBER

COURTNEY HJALTMANBOARD MEMBER

BENJAMIN BARKLEYBOARD MEMBER

About this charity

Recognized since: January 2008
Location: 8000 METROPOLIS DR BLDG E STE, AUSTIN, TX 78744-3149
County: Travis
In care of: RICHARD SCHEEL
Primary officer: RICHARD SCHEEL, SVP CFO & CRO

How to reach them

WebsiteVisit the charity’s website Phone(512) 225-7000

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Public & Societal Benefit (W800)