#384 of 500 · Member & Benefit Funds

East Texas Electric Cooperative Inc

EIN 75-2187855 · TX · NTEE n/a · Form 990, fiscal 2023

A generation and transmission (G&T) electric cooperative headquartered in Nacogdoches, Texas, founded in 1987. It is owned by its member distribution cooperatives and supplies wholesale power and transmission services to them, serving hundreds of thousands of end-use members across dozens of East Texas counties. ETEC owns and operates generation resources including gas, hydroelectric, and biomass plants, plus renewable power purchase agreements, and maintains transmission lines and substations across multiple regional grids (ERCOT, SPP, MISO).

Financials, fiscal 2023

Revenue

$406.1M

Expenses

$392.6M

Total assets

$1.03B

Net assets

$233.8M

Operating margin

3.3%

1-year growth

-18.2%

5-year growth (CAGR)

4.7%

Reserve (years of spending)

7.2

Contributions share

n/a

Programme spending

95.1%

Fundraising cost

n/a

Executive pay share

0.39%

Employees

18

Revenue per employee

$22.6M

Grants paid

n/a

Years filing

29

NFP Health Score: 76 / 100

Financial 57 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history