CENTRAL TEXAS ELECTRIC COOPERATIVE INC (EIN 741095072) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1947

Legal Domicile

Principal Officer

ATANACIO HINOJOSA

Phone

8309922380

Tax Period

2024-01-01 to 2024-12-31

CENTRAL TEXAS ELECTRIC COOPERATIVE INC, founded in 1947, is a mid-sized nonprofit that reported $86.9M in total revenue in fiscal year 2024.

Mission

TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS AT COST ON A COOPERATIVE BASIS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $85,928,408

Investment Income $380,730

Other Revenue $592,983

TOTAL REVENUE $86,902,121

Expense Breakdown

Grants Paid $13,712

Salaries & Benefits $10,151,298

Fundraising Expenses $0

Other Expenses $74,331,030

TOTAL EXPENSES $86,902,121

Year-over-Year Comparison

	2024	2023	Change
Revenue	$86,902,121	$81,587,002	+0.1%
Expenses	$86,902,121	$81,587,002	+0.1%
Net Income	$0	$0	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

162

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$682,954

Total Directors

$169,760

Key Employees

$233,903

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK HAHN	PRESIDENT	15.80	Officer Director	$19,440	$0	$19,440
JOSEPH WIESER	VICE PRESIDENT	6.00	Officer Director	$16,590	$0	$16,590
CONNIE STOCKBRIDGE	TREASURER	4.00	Officer Director	$16,890	$0	$16,890
JAMES LOW	SECRETARY	4.30	Officer Director	$14,340	$0	$14,340
MARK REEVE	DIRECTOR	7.10	Director	$14,940	$0	$14,940
TIM LEHMBERG	DIRECTOR	3.40	Director	$14,190	$0	$14,190
SAMUEL SCOTT OLGUIN	DIRECTOR	1.40	Director	$13,240	$0	$13,240
WYNNE WHITWORTH	DIRECTOR	2.00	Director	$14,190	$0	$14,190
FERMIN ORTIZ	DIRECTOR	3.10	Director	$15,840	$0	$15,840
WAYNE W SEIPP	DIRECTOR	2.00	Director	$13,940	$0	$13,940
DEBRA WHITE	DIRECTOR (AUG-DEC)	10.00	Director	$6,550	$0	$6,550
DOYLENE BODE	DIRECTOR (JAN-JULY)	5.50	Director	$9,610	$0	$9,610
ATANACIO HINOJOSA	CEO	42.50	Officer	$267,462	$62,545	$330,007
SHAWN STANLEY	CFO	49.00	Officer	$203,690	$81,997	$285,687
STEVE MURROW	DIRECTOR OF OPERATIONS	40.80	Key Emp	$172,976	$60,927	$233,903
DOUGLAS HENEDERSON	FOREMAN	40.30	Highest	$121,246	$34,554	$155,800
PATRICK STAHL	SYSTEM SERVICES SUPERVISOR	40.50	Highest	$146,070	$57,745	$203,815
JERMOY MORRISON	FOREMAN	40.00	Highest	$124,213	$37,313	$161,526
GREGORY KINDLE	IT MANAGER	63.60	Highest	$122,513	$43,204	$165,717
FERNANDO ALBITER	DIRECTOR OF ENGINEERING	40.80	Highest	$142,123	$36,964	$179,087

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$86,902,121	$86,902,121	$257,653,207	No data
2023	$81,587,002	$81,587,002	$244,930,841	No data
2022	$70,828,639	$70,828,639	$241,941,832	No data
2021	$61,252,027	$61,252,027	$241,108,677	No data
2020	$69,884,093	$69,884,093	$203,253,290	No data
2019	$73,097,932	$73,097,932	$200,107,291	No data
2018	$69,869,183	$69,869,183	$200,989,515	No data

CENTRAL TEXAS ELECTRIC COOPERATIVE INC