ELDORADO, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SOUTHWEST TEXAS ELECTRIC COOPERATIVE INC, founded in 1941, is a mid-sized nonprofit that reported $28.0M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Net assets of $57.5M represent 25 months of operating reserves.
IT SHALL BE THE AIM OF SOUTHWEST TEXAS ELECTRIC COOPERATIVE, INC., TO MAKE ELECTRIC ENERGY AVAILABLE TO ITS MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT.
PROVIDING ELECTRIC ENERGY TO OUR MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 9,918 ACTIVE SERVICES AT YEAR END.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $28,005,270 | $31,976,695 | -0.1% |
| Expenses | $27,913,270 | $31,909,695 | -0.1% |
| Net Income | $92,000 | $67,000 | +0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PAT JACKSON | PRESIDENT | 3.00 |
Officer
Director
|
$22,987 | $0 | $22,987 |
| STEVE WILLIAMS | VICE PRESIDENT | 2.80 |
Officer
Director
|
$11,758 | $0 | $11,758 |
| MARY BUCHHOLZ | SECRETARY | 1.30 |
Officer
Director
|
$32,536 | $0 | $32,536 |
| EUGENE VINSON | TREASURER | 1.50 |
Officer
Director
|
$9,775 | $0 | $9,775 |
| DAWSON OWENS | DIRECTOR | 1.00 |
Director
|
$12,587 | $0 | $12,587 |
| KEITH WALLACE | DIRECTOR | 1.20 |
Director
|
$32,536 | $0 | $32,536 |
| JAMES UHL | DIRECTOR | 1.00 |
Director
|
$13,059 | $0 | $13,059 |
| WILLIAM WHITTEN | GENERAL MANAGER | 50.00 |
Officer
|
$217,527 | $32,718 | $250,245 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $28,005,270 | $27,913,270 | $86,379,486 | $92,000 |
| 2022 | $31,976,695 | $31,909,695 | $83,415,879 | $67,000 |
| 2021 | $28,614,678 | $28,627,678 | $76,815,323 | $-13,000 |
| 2020 | $28,254,839 | $28,326,839 | $73,391,250 | $-72,000 |
| 2019 | $27,687,932 | $27,743,932 | $71,545,774 | $-56,000 |
| 2018 | $27,396,116 | $27,296,116 | $69,745,451 | $100,000 |
Compare SOUTHWEST TEXAS ELECTRIC COOPERATIVE INC with other nonprofits in Texas and across the country.