EIN 27-1582178

Texas Reliability Entity

IRS 501(c) type
501(c)(3)
Num. employees
72
City
State
Year formed
2010
Most recent tax filings
2023-12-01
Description
Texas Reliability Entity, Inc. (Texas RE) is a Texas non-profit corporation that is (a) one of the six Regional Entities under a delegation agreement with North American Electric Reliability Corporation (NERC) as the ERO (Electric Reliability Organization).
Total revenues
$17,855,471
2023
Total expenses
$15,761,555
2023
Total assets
$15,877,428
2023
Num. employees
72
2023

Program areas at Texas Reliability Entity

Texas re lessens the burdens of government in several ways. Texas re's delegation agreement with nerc provides that nerc delegates to Texas re certain of the responsibilities delegated by ferc to nerc (as the certified electric Reliability organization) under section 215 of the federal power act. These activities include monitoring and enforcement of compliance with mandatory electric Reliability standards and facilitating the development of new or modified federal electric Reliability standards. The monitoring, enforcement, and implementation or modification of standards is designed to help prevent or reduce outages, blackouts, security threats, and cyber attacks on the electric grid that could otherwise cause serious risk to human health, safety, and the economy.

Personnel at Texas Reliability Entity

NameTitleCompensation
Jim AlbrightPresident and Chief Executive Officer$528,938
Joseph YoungerVice President and Chief Operating Officer$308,750
Donna BjornsonVice President and Chief Financial Officer$171,481
David PenneyPrincipal , SR.$179,622
Joseph RichardsDirector , It Infrastructure$195,420
...and 6 more key personnel

Financials for Texas Reliability Entity

RevenuesFYE 12/2023
Total grants, contributions, etc.$17,155,278
Program services$433,863
Investment income and dividends$266,330
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$17,855,471

Form 990s for Texas Reliability Entity

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990View PDF
2022-122023-11-14990View PDF
2021-122022-06-23990View PDF
2020-122021-05-26990View PDF
2019-122020-09-01990View PDF
...and 9 more Form 990s
Data update history
February 12, 2025
Posted financials
Added Form 990 for fiscal year 2023
February 11, 2025
Updated personnel
Identified 2 new personnel
January 14, 2025
Used new vendors
Identified 1 new vendor, including
October 18, 2024
Updated personnel
Identified 2 new personnel
January 5, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public utilitiesPublic sector nonprofitsCharities
Issues
Public policy
Characteristics
State / local levelTax deductible donationsAccepts online donations
General information
Address
8000 Metropolis Dr Bldg A Ste 300
Austin, TX 78744
Metro area
Austin-Round Rock-Georgetown, TX
County
Travis County, TX
Website URL
texasre.org/ 
Phone
(512) 583-4900
Twitter profile
@texas_re_inc 
IRS details
EIN
27-1582178
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2010
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W20: Government and Public Administration
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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