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.

Where $100 goes at Texas Reliability Entity Inc

How Texas Reliability Entity Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$58 Programs the work itself

$42 Management running the organization

$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $58 for programs

$58

Texas re lessens the burdens of government in several ways

All program spending

Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

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.

See the full picture for Texas Reliability Entity Inc

Complete financials, all 0 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports