Mission
TO PROVIDE ELECTRICITY TO RURAL AREAS IN TEXAS ON A COOPERATIVE BASIS.
Public Charity
HEART OF TEXAS ELECTRIC COOPERATIVE INC
HEART OF TEXAS ELECTRIC COOPERATIVE INC, of MCGREGOR, TX, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $68.7M in revenue, $68.7M in expenses, $118.5M in total assets.
EIN: 205724955
MCGREGOR, TX
Local Benevolent Life Insurance Associations
NTEE: Y22
Latest filing: 2024
Total Revenue$68.7M
Total Expenses$68.7M
Total Assets$118.5M
Grant Records0
Filing Years2019–2024
Officers & Directors
DIRECTOR
Allen Shows
SECRETARY/TR
Bobby Nawara
GM/CEO
Brandon Young
OPERATIONS M
Bryan Chandler
DIRECTOR
Damon Boniface
DIRECTOR
Dan Foster
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $68.7M | $68.7M | $118.5M |
| 2023 | $73.4M | $73.8M | $116.4M |
| 2022 | $71.3M | $71.4M | $119.4M |
| 2020 | $46.3M | $46.4M | $101.7M |
| 2019 | $45.7M | $45.8M | $99.4M |
Between 2019 and 2024, reported annual revenue grew from $45.7M to $68.7M (+50%), with total assets most recently reported at $118.5M.
Interactive year-over-year charts and full filing details available with membership.