HOUSTON COUNTY ELECTRIC COOPERATIVE INC

EIN: 751108699

CROCKETT, TX

Total Revenue
$52,562,593
Total Expenses
$52,562,593
Total Assets
$162,423,449
Net Assets
$80,900,360
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1939
Legal Domicile
TX
Principal Officer
Kathi Calvert
Phone
9368527219
Tax Period
2024-01-01 to 2024-12-31

HOUSTON COUNTY ELECTRIC COOPERATIVE INC, founded in 1939, is a mid-sized nonprofit that reported $52.6M in total revenue in fiscal year 2024.

Mission

Providing and distributing reliable electric power to rural customers on a cooperative basis. In addition, Houston County Electric Cooperative assists the community with economic development.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $50,731,773
Investment Income $787,957
Other Revenue $1,042,863
TOTAL REVENUE $52,562,593

Expense Breakdown

Grants Paid $0
Salaries & Benefits $624,530
Fundraising Expenses $0
Program Expenses $52,562,593
Other Expenses $47,581,715
TOTAL EXPENSES $52,562,593

Year-over-Year Comparison

2024 2023 Change
Revenue $52,562,593 $54,006,344 0.0%
Expenses $52,562,593 $54,006,344 0.0%
Net Income $0 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
76
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
6
$739,269
Total Directors
9
$92,900
Key Employees
3
$707,969
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathi Calvert CEO & General Manager 40.00
Officer Key Emp
$249,530 $68,208 $317,738
Mike Lane COO - Distribution 40.00
Officer Key Emp
$145,619 $54,811 $200,430
Stacy Freeman COO - Transmission 40.00
Officer Key Emp
$136,481 $53,320 $189,801
David Whittlesey Director 7.00
Director
$11,150 $0 $11,150
William Emmons Director 11.00
Director
$10,800 $0 $10,800
Mitchell Huff Secretary 6.00
Officer Director
$10,800 $0 $10,800
Kennom Kellum Vice-President 5.00
Officer Director
$10,400 $0 $10,400
Mary Pearl Adams Director 11.00
Director
$10,100 $0 $10,100
Dan Courmier President 11.00
Officer Director
$10,100 $0 $10,100
Larry Nelms Director 6.00
Director
$10,050 $0 $10,050
Charles Siems Director 7.00
Director
$9,750 $0 $9,750
Grady Wakefield Director 7.00
Director
$9,750 $0 $9,750
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 $52,562,593 $52,562,593 $162,423,449 No data
2023 $54,006,344 $54,006,344 $161,101,501 No data
2022 $54,115,483 $54,115,483 $159,726,259 No data
2021 $45,143,222 $45,143,222 $158,669,671 No data
2020 $40,469,324 $40,469,324 $130,363,416 No data
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HOUSTON COUNTY ELECTRIC COOPERATIVE INC with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.