Denton County Electric Cooperative Inc
TO DELIVER EXCELLENT SERVICE TO OUR MEMBERS AND CUSTOMERS BY PROVIDING SAFE AND RELIABLE ENERGY SOLUTIONS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3B
+7.2% YoY
Annual Giving
$84K
+55.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$84K
+55.0% YoY
About Denton County Electric Cooperative Inc
Based on IRS filings
Denton County Electric Cooperative Inc is a nonprofit organization, based in CORINTH, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3B in total assets. In 2024, it awarded 1 grants totaling $84K. Net investment income was $1.9M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,259,219,165 | $2,107,533,496 | $2,042,962,594 |
| Revenue | $861,693,075 | $780,794,954 | $826,144,853 |
| Expenses | $860,619,539 | $778,995,977 | $824,911,246 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,881,291 | $2,277,880 | $929,990 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM RAGSDALE | VICE CHAIR | 7.8 | $39,900 |
| CHRISTOPHER MCCRAW | DIRECTOR | 9.3 | $44,900 |
| TRISHA SHEFFIELD | CHAIR | 10.3 | $46,400 |
| LEON PELZEL | DIRECTOR (JAN-AUG) | 7 | $24,600 |
| RICHARD MUIR | DIRECTOR (JAN-OCT) | 7.5 | $34,950 |
| JARETT ADAIR | SECRETARY/TREASURER | 9 | $43,900 |
| WILLIAM KOLLAR | DIRECTOR | 8.9 | $41,990 |
| LYNN STUCKY | DIRECTOR (OCT-DEC) | 9.6 | $4,450 |
| DONALD CLARY | PRESIDENT & CEO | 50 | $1,068,113 |
| DENISE SMITHERS | SENIOR VP - CUSTOMER CARE/ENGMENT | 45 | $385,948 |
| BRENT BISHOP | SENIOR VP & CFO | 45 | $387,075 |
| GREG WARD | SENIOR VP - ENERGY INFRASTRUCTURE | 50 | $370,125 |
| JEFFREY MCNEAL | SENIOR VP - INFORMATION TECHNOLOGY | 50 | $369,318 |
| DYAN JAMES | SENIOR VP - CORPORATE SERVICES | 45 | $347,832 |
| PHILIP HASSELL | SENIOR VP - FIELD OPERATIONS | 42 | $349,596 |
| GARY FRANZEN | SENIOR VP - ENERGY RESOURCES | 50 | $366,659 |
| CHARLES TURNER | ADVISOR TO THE CFO | 40 | $241,305 |
| PETER NYLEC | DIRECTOR OF ENGINEERING | 45 | $256,132 |
| JACKIE GRASS | DIRECTOR OF UTILITY ACCOUNTING | 45 | $228,119 |
| CHAD LUIG | DIRECTOR OF FINANCE | 45 | $221,119 |
| HEATHER MIZE | DIRECTOR OF HUMAN RESOURCES (JAN-SEP) | 45 | $243,100 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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