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Heart of Texas Electric Cooperative INC

501(c)
DBA: % BRANDON YOUNG
Other · MCGREGOR, TX · EIN 20-5724955

About

To provide electricity to rural areas in texas on a cooperative basis.

In care of Brandon Young

Donations are NOT tax-deductible
Category
Other
Employees
73
Volunteers
—

Financial Snapshot

FY ending 2024-12-31
Revenue
$68.7M
Expenses
$68.7M
Assets
$118.5M
Liabilities
$39.0M

Financial history

$73.8M$36.9M$0
161718192021222324
RevenueExpenses
Latest FY2024: $68.7M · Peak FY2023: $73.4M · Avg: $50.0M
HEART OF TEXAS ELECTRIC COOPERATIVE INC
Your actions

Address

PO BOX 357
Mcgregor, TX, 76657-035

Governance

Voting board members9
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.