Public Charity

Texas Reliability Entity Inc

Based in AUSTIN, TX, Texas Reliability Entity Inc operates as a Public Charity. The organization reported $19.1M in revenue, $16.7M in expenses, $17.8M in total assets for fiscal year 2024.

EIN: 271582178 AUSTIN, TX Public Utilities NTEE: W80 Latest filing: 2024
Total Revenue$19.1M
Total Expenses$16.7M
Total Assets$17.8M
Grant Records0
Filing Years2020–2024

Mission

TEXAS RELIABILITY ENTITY, INC. (TEXAS RE) IS A TEXAS NON-PROFIT CORPORATION THAT IS (A) ONE OF THE SIX REGIONAL ENTITIES UNDER A DELEGATION AGREEMENT WITH NORTH AMERICAN ELECTRIC RELIABILITY CORPORATION (NERC) AS THE ERO (ELECTRIC RELIABILITY ORGANIZATION), WHICH WAS APPROVED BY THE FEDERAL ENERGY REGULATORY COMMISSION (FERC) ON MAY 6, 2010, FOR A FIVE-YEAR PERIOD BEGINNING JANUARY 1, 2011 AND RENEWED FOR ANOTHER FIVE-YEAR PERIOD BEGINNING JANUARY 1, 2016; AND UNDER ITS REGIONAL ENTITY CONTRACT, TEXAS RE FACILITATES DEVELOPMENT OF AND OVERSEES COMPLIANCE WITH FEDERAL ELECTRIC RELIABILITY STANDARDS BY USERS, OWNERS, AND OPERATORS OF THE BULK POWER SYSTEM (BPS) IN THE ELECTRIC RELIABILITY COUNCIL OF TEXAS, INC. (ERCOT) REGION IN TEXAS. THE AGREEMENT WAS EXTENDED FOR ANOTHER FIVE-YEAR TERM EFFECTIVE JANUARY 1, 2021.

Officers & Directors

Director Crystal Ashby
Affliated Director Curt D Brockman
Affliated Director Daniela Hammons
Director, Reliability Services David Paul Penney
General Counsel and Corporate Secretary Derrick Davis
Vice President & CFO Donna Bjornson

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $19.1M $16.7M $17.8M
2023 $17.9M $15.8M $15.9M
2022 $15.9M $14.8M $14.8M
2021 $13.9M $14.4M $5.2M
2020 $14.2M $14.5M $5.5M

Between 2020 and 2024, reported annual revenue grew from $14.2M to $19.1M (+34%), with total assets most recently reported at $17.8M.

Interactive year-over-year charts and full filing details available with membership.

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