TAYLOR ELECTRIC COOPERATIVE INC Charity Report

Public IRS 990 nonprofit record

TAYLOR ELECTRIC COOPERATIVE INC

EIN 75-0597925 · Mutual & Membership Benefit (Y)

What they do

to PROVIDE ELECTRIC POWER to RURAL AREAS AT COST ON A COOPERATIVE BASIS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $100.00 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 leaders17 people are listed in the latest report.

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

Money made simple

99.72%of revenue went to mission work100.0% of expenses · Program services

$102.99spent for every $100 of revenueSpending was higher than revenue this year.

$3.22in 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.

Worth asking: Expenses exceeded revenue by $2,117,089 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $453,073 for RYAN BARTLETT (PRESIDENT/CHIEF EXECUTIVE OFFICER). 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$40,321,894

Mission workProgram services$40,210,58299.72% of revenue100.0% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

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

Revenue left after expensesReported annual surplus$111,3120.28% of revenueShown in gray on the chart

Total expenses$40,210,58299.72% of revenue

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

Money in and money out

Revenue$70,702,395

Expenses$72,819,484

Annual shortfall $2,117,089 Expenses were higher than revenue 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)$40,210,582 · 55.2% of expenses

See all reported dollar amounts

Revenue$70,702,395

Expenses$72,819,484

Assets$234,317,038

Income$70,717,888

Mission work (program services)$40,210,582

Grants given$86,495

Average grant$9,611

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

RYAN BARTLETTPRESIDENT/CHIEF EXECUTIVE OFFICER · 53 hrs/week $453,073Base $344,884 · Other $108,189

NANCY BRISCOCHIEF FINANCIAL OFFICER · 50 hrs/week $317,529Base $227,857 · Other $89,672

DAVID THOMASDIRECTOR OF ELECTRIC OPERATIONS · 44 hrs/week $272,250Base $158,019 · Other $114,231

WADE HATCHVP OF ENGINEERING · 45 hrs/week $251,601Base $172,134 · Other $79,467

JOSHUA FOSSWORKING FOREMAN · 49 hrs/week $223,696Base $127,696 · Other $96,000

DENISE BERNHARDTMBR SERVICES/COMMUNICATION MGR · 40 hrs/week $207,871Base $124,349 · Other $83,522

JOHN HASPELCONST & ENERGY SERVICES MGR · 40 hrs/week $189,828Base $126,703 · Other $63,125

JASON CANTUWORKING FOREMAN · 50 hrs/week $183,857Base $126,581 · Other $57,276

LINDA HUNTSR FINANCE PLANNING & ANALYSIS MGR · 41 hrs/week $157,930Base $125,655 · Other $32,275

RICHARD PETREEDIRECTOR · 5 hrs/week $29,500

CECIL DAVISCHAIRMAN · 2 hrs/week $21,500

GAYLA SIMMONSDIRECTOR · 4 hrs/week $21,500

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 (17)

RYAN BARTLETTPRESIDENT/CHIEF EXECUTIVE OFFICER

NANCY BRISCOCHIEF FINANCIAL OFFICER

DAVID THOMASDIRECTOR OF ELECTRIC OPERATIONS

WADE HATCHVP OF ENGINEERING

JOSHUA FOSSWORKING FOREMAN

DENISE BERNHARDTMBR SERVICES/COMMUNICATION MGR

JOHN HASPELCONST & ENERGY SERVICES MGR

JASON CANTUWORKING FOREMAN

LINDA HUNTSR FINANCE PLANNING & ANALYSIS MGR

RICHARD PETREEDIRECTOR

CECIL DAVISCHAIRMAN

GAYLA SIMMONSDIRECTOR

KATHRYN RAINEYVICE CHAIRMAN

GARLAND CARTERDIRECTOR

DAVID MCFALLSECRETARY/TREASURER

CRAIG BESSENTDIRECTOR (FEB-DEC)

LELAND ROBINSONDIRECTOR (JAN)

About this charity

Recognized since: January 1943
Location: PO BOX 250, MERKEL, TX 79536
County: Taylor
In care of: NANCY BRISCO
Primary officer: NANCY BRISCO, CFO

How to reach them

WebsiteVisit the charity’s website Emailinfo@taylorelectric.coop Phone(325) 793-8500

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