Central Texas Electric Cooperative
Legal name: Central Texas Electric Cooperative Inc
Nonprofit profile at a glance
- EIN
- 741095072
- IRS 990 coverage
- 2013–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Llano, TX, US
- Phone
- (830) 997-2126
- Rating confidence
- Limited
Reported finances
- Revenue
- $86,902,121
- Expenses
- $86,902,121
- Assets
- $257,653,207
- Liabilities
- $145,761,063
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- MARK HAHN (PRESIDENT)
- JOSEPH WIESER (VICE PRESIDENT)
- ATANACIO HINOJOSA (CEO)
Highest reported compensation
- ATANACIO HINOJOSA (CEO): $330,007 total reported compensation
- SHAWN STANLEY (CFO): $285,687 total reported compensation
- STEVE MURROW (DIRECTOR OF OPERATIONS): $233,903 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Central Texas Electric Cooperative is a member-owned electric cooperative dedicated to providing safe, reliable, and affordable electric service to its members while supporting the communities it serves.
What it reported doing in 2024
Providing electric energy to our members on a cooperative basis through the allocation of patronage capital. There were 48,088 active services at year end.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 72
- Accountability: 95
- Sustainability: 45
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 4th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 2.96; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.57; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 2.2%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 3.8% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: 4.3% per year; rating input score 100; 31st percentile among comparable filings
Details
- What they do: 7 programs and campaigns described on the official site
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 11 of 11 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $330K · 20 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $11.2M reported
- Consistency: 11 of 11 current checks pass
- Schedules: 4 filed schedules · includes executive pay and related organizations
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 20 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 29/100.
- Review — Accountability: Governance controls: Document-retention policy not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
- Review — Sustainability: Officer compensation ratio scored 52/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.