Cause IQ organization profile

South Texas Electric Cooperative

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

South Texas Electric Cooperative is a public utility based in Nursery, TX that was founded in 1944. As of 2019 they had $529 million in revenue and $1.4 billion in assets.

EIN:
74-1393760
City:
State:
Metro:
Website:
Founded:
1944
Type:
501(c)(12)
NTEE:
Revenue:
$529,040,851
Assets:
$1,404,012,079
Employees:
284
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at South Texas Electric Cooperative

South Texas electric cooperative, inc. (stec) is organized for the purpose of generating and transmitting electric power. Stec has eight (8) member cooperatives. Stec sells its power pursuant to wholesale power contracts with its member-customers.

Form 990s for South Texas Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2018-12Jun 19, 2019990View PDF
2017-12Sep 12, 2018990View PDF
2016-12Sep 5, 2017990OView PDF
2015-12Oct 18, 2016990OView PDF
2014-12Aug 21, 2015990OView PDF
...and five more Form 990 PDFs

Financials for South Texas Electric Cooperative

Field2018
Total grants, contributions, etc.$0
Program services$526,343,842
Investment income and dividends$1,776,723
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-7,367
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$927,653
Total revenues$529,040,851

Vendors for South Texas Electric Cooperative

VendorServicesAmount paidDate
DrupalContent management system software2020-03-05
██████████ ████████ ███ ███████ ███Tax accounting2019-05-28
██████ ███ █████Attorney$2,828,1642018-12-01
██████ ████████████ ███Construction$3,043,3812018-12-01
████ ████ ████████ ███Construction$2,858,0992018-12-01
████ ████████████Construction$3,338,7062018-12-01
████ █████ ███Construction$2,225,6842018-12-01

Personnel at South Texas Electric Cooperative

NameTitleCompensationMost recent data
Gary RaybonGeneral Manager and Chief Executive Officer / President$15,600Nov. 25, 2019
Mark RollansGeneral Manager and Chief Executive Officer / Chairman / Director$15,000Nov. 25, 2019
███████ ██████████Chief Financial Officer$224,632Dec. 31, 2018
██████ ████████General Manager / Administrative and Operating Chairman / Director$14,400Nov. 25, 2019
████ █████████General Manager / Director$15,000Nov. 25, 2019
████ ███████General Manager / Chairman / Director$15,000Nov. 25, 2019
███ ██████General Manager / Director$15,000Nov. 25, 2019
███████ █ ██████████Manager - Technology Services$230,944Dec. 31, 2018
█████ ██████Plant Manager$220,330Dec. 31, 2018
████ ██████Assistant Secretary - Treasurer / Director$15,000Nov. 25, 2019
...and four more key personnel

Peer public utilities

 NameTypeRevenueLocation
1Golden Spread Electric Cooperative501(c)(12)$290 millionAmarillo, TX
2Brazos Electric Power Cooperative501(c)(12)$905 millionWaco, TX
3Trinity Valley Electric Cooperative (TVEC)501(c)(12)$161 millionKaufman, TX
4Magic Valley Electric Cooperative501(c)(12)$235 millionMercedes, TX
5San Miguel Electric Cooperative501(c)(12)$155 millionJourdanton, TX
6Bluebonnet Electric Cooperative501(c)(12)$230 millionBastrop, TX
7United Cooperative Services501(c)(12)$207 millionBurleson, TX
8Guadalupe Valley Electric Cooperative501(c)(12)$241 millionGonzales, TX
9Farmers Electric Cooperative501(c)(12)$133 millionGreenville, TX
10Coserv Electric501(c)(12)$489 millionCorinth, TX
11Tri-County Electric Cooperative501(c)(12)$241 millionAzle, TX
12Pedernales Electric Cooperative501(c)(12)$639 millionJohnson City, TX
13South Plains Electric Cooperative501(c)(12)$156 millionLubbock, TX
14South Central Power Company501(c)(12)$338 millionLancaster, OH
15Carroll Electric Cooperative Corporation501(c)(12)$194 millionBerryville, AR
16Connexus Energy501(c)(12)$280 millionRamsey, MN
17Delaware Electric Cooperative501(c)(12)$178 millionGreenwood, DE
18Southwest Louisiana Electric Membership Corporation501(c)(12)$237 millionLafayette, LA
19East River Electric Power Cooperative501(c)(12)$315 millionMadison, SD
20Mountrail-Williams Electric Cooperative501(c)(12)$310 millionWilliston, ND
21First Electric Cooperative Corporation501(c)(12)$202 millionJacksonville, AR
22Cooperative Energy501(c)(12)$829 millionHattiesburg, MS
23Northern Virginia Electric Co-Op (NOVEC)501(c)(12)$538 millionManassas, VA
24Pennyrile Rural Electric Cooperative Corporation501(c)(12)$134 millionHopkinsville, KY
25Dixie Electric Membership Corporation501(c)(12)$225 millionBaton Rouge, LA