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
Among its reported 2024 grants, the largest include Coserv Charitable Foundation ($84,247).
| Recipient | Purpose | Amount |
|---|---|---|
| COSERV CHARITABLE FOUNDATION CORINTH, TX | TO SUPPORT THE FOUNDATION'S OPERATIONS. | $84,247 |
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 |
Frequently Asked Questions
How large is Denton County Electric Cooperative Inc?
As of 2024, Denton County Electric Cooperative Inc holds $2.3B in total assets with $861.7M in annual revenue. It awarded 1 grants totaling $84K in 2024.
Where does Denton County Electric Cooperative Inc operate?
Denton County Electric Cooperative Inc has awarded grants in Texas.
What size grants does Denton County Electric Cooperative Inc award?
In 2024, Denton County Electric Cooperative Inc awarded 1 grants totaling $84K — an average of about $84K per grant, based on its IRS Form 990 filings.
What is Denton County Electric Cooperative Inc's EIN?
Denton County Electric Cooperative Inc's EIN (Employer Identification Number) is 75-0233075. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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