Trinity Valley Electric Cooperative Inc
Kaufman, TX · EIN 75-2701263 · Rank 3,032 by total revenue
To provide quality and reliable electric service to members at cost on a cooperative basis.
Money, Form 990 for tax year 2024
- Total revenue
- $197,727,488
- Total expenses
- $197,263,529
- Total assets
- $481,165,027
- Salary base (all salaries and wages)
- $11,867,630
- Salaries, other pay and benefits
- $16,828,454
- Employees
- 217
- Salary base per employee
- $54,690
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (17)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Jeffrey Lane | CEO/GENERAL MANAGER | Officer | 50 | $525,881 |
| Thomas Watson | COO/ASST. GENERAL MANAGER | Officer | 50 | $430,619 |
| Robert White | CFO | Officer | 45 | $236,713 |
| Howard Tillison | CHAIRMAN | Board, Officer | 12.7 | $12,150 |
| Carolyn Minor | VICE CHAIRMAN | Board, Officer | 10.3 | $11,550 |
| Jo Ann Hanstrom | SECRETARY | Board, Officer | 10 | $10,350 |
| Rodney Wesley | DIRECTOR OF ENGINEERING/OPS | Key employee | 50 | $332,248 |
| Gary Sherrard | MANAGER OF SUB/TRANS | Key employee | 40 | $268,546 |
| Donna Weaver | DIRECTOR OF CORP SERVICES | Key employee | 60 | $263,562 |
| Thomas Durden | MANAGER OF OPERATIONS | Key employee | 50 | $259,466 |
| Bobbi Byford | DIRECTOR OF CORP RELATIONS | Key employee | 60 | $241,090 |
| Phillip Harrison | MANAGER OF OPERATIONS | Key employee | 45 | $235,804 |
| Timothy Craig | MANAGER OF ENGINEERING | Key employee | 50 | $225,850 |
| Paul Weatherford | DIRECTOR | Board | 10.5 | $30,283 |
| Jeff Priest | DIRECTOR | Board | 9.5 | $11,550 |
| Jack Endres | DIRECTOR | Board | 9 | $11,250 |
| Edward Reeve | DIRECTOR | Board | 8.6 | $10,500 |
Top 10 paid people listed
These 10 people received $3,046,206, which is 25.7% of the $11,867,630 salary base shared by 217 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Jeffrey Lane | CEO/GENERAL MANAGER | Officer | 50 | $350,867 | $0 | $175,014 | $525,881 |
| Thomas Watson | COO/ASST. GENERAL MANAGER | Officer | 50 | $264,870 | $0 | $165,749 | $430,619 |
| Rodney Wesley | DIRECTOR OF ENGINEERING/OPS | Key employee | 50 | $198,298 | $0 | $133,950 | $332,248 |
| Gary Sherrard | MANAGER OF SUB/TRANS | Key employee | 40 | $167,068 | $0 | $101,478 | $268,546 |
| Donna Weaver | DIRECTOR OF CORP SERVICES | Key employee | 60 | $177,640 | $0 | $85,922 | $263,562 |
| Thomas Durden | MANAGER OF OPERATIONS | Key employee | 50 | $166,313 | $0 | $93,153 | $259,466 |
| Raymond Choyce | JOURNEYMAN | Highly paid employee | 62 | $195,940 | $0 | $51,296 | $247,236 |
| Bobbi Byford | DIRECTOR OF CORP RELATIONS | Key employee | 60 | $170,506 | $0 | $70,584 | $241,090 |
| Scott Stewart | CREW FOREMAN | Highly paid employee | 54 | $180,007 | $0 | $60,838 | $240,845 |
| Robert White | CFO | Officer | 45 | $188,516 | $0 | $48,197 | $236,713 |
Sources
- IRS e-file return 202523219349304487 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 75-2701263
- Organization website (as filed): www.tvec.net