EIN 75-1615421

Northeast Texas Electric Cooperative (NTEC)

Name: Northeast Texas Electric Cooperative (NTEC) financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Personnel|Financials|Form 990s|Peers

IRS 501(c) type

501(c)(12)

Num. employees

City

Longview

State

Texas

Year formed

1978

Most recent tax filings

2022-12-01

NTEE code, primary

W80: Public Utilities

Description

Northeast Texas Electric Cooperative provides wholesale electric generating, purchasing, and transmission services to its member electric cooperatives. It incurs costs to provide wholesale electric energy to six electric distribution cooperative members who in turn provide electricity to over 165,000 retail members. Northeast Texas Electric Cooperative is located in Longview, TX.

Total revenues

$309,803,168

2022

Total expenses

$307,095,816

2022

Total assets

$321,398,197

2022

Num. employees

2022

Program areas at NTEC

Costs incurred with providing wholesale electric energy to 6 electric distribution cooperative members who in turn provide electricity to over 165,000 retail members

Personnel at NTEC

Name	Title	Compensation	Date of data
Ronald Ray	GM and Chief Executive Officer	$303,781	2022-12-31
Caleb Head	Chief Financial Officer	$190,626	2023-11-15
Richard Tyler	Former GM and Chief Executive Officer / Former GM and Chief Executive Officer / GM and Chief Executive Officer / General Manager	$125,663	2021-12-31
Mark Boyd	Vice President	$16,100	2022-12-31
Bryan Wood	President / Secretary and Tres / Assistant Secretary and Treasurer	$18,900	2022-12-31
...and 5 more key personnel

Financials for NTEC

Revenues	FYE 12/2022	FYE 12/2021	% Change
Total grants, contributions, etc.	$0	$0	-
Program services	$309,515,620	$288,187,986	7.4%
Investment income and dividends	$287,548	$231,863	24%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$254,421	-100%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$309,803,168	$288,674,270	7.3%

Form 990s for NTEC

Fiscal year ending	Date received by IRS	Form	PDF link
2022-12	2023-11-15	990	View PDF
2021-12	2022-11-10	990	View PDF
2020-12	2021-11-12	990	View PDF
2019-12	2021-06-25	990	View PDF
2018-12	2020-01-13	990	View PDF
...and 8 more Form 990s

Organizations like NTEC

Organization	Type	Location	Revenue
Smarr EMC	501(c)(12)	Tucker, GA	$98,894,071
La Plata Electric Association	501(c)(12)	Durango, CO	$112,117,449
Nodak Electric Cooperative	501(c)(12)	Grand Forks, ND	$144,951,964
Central Power Electric Cooperative	501(c)(12)	Minot, ND	$181,588,678
Marlboro Electric Cooperative	501(c)(12)	Bennettsville, SC	$78,601,633
Beauregard Electric Cooperative	501(c)(12)	Deridder, LA	$151,831,904
Sandow Regional Water Supply Corporation	501(c)(12)	San Antonio, TX	$94,594,000
Brazos Electric Rate Payer Hardship Fund	501(c)(4)	Waco, TX	$140,224,200
JobsOhio Beverage System	501(c)(3)	Columbus, OH	$711,463,360
Peterson Solutions Fund	501(c)(4)	New York, NY	$408,097,861

Data update history

January 7, 2024

Posted financials

Added Form 990 for fiscal year 2022

January 6, 2024

Updated personnel

Identified 1 new personnel

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

June 26, 2023

Posted financials

Added Form 990 for fiscal year 2020

June 4, 2023

Updated personnel

Identified 3 new personnel

Nonprofit Types

Public utilitiesPublic sector nonprofits

Issues

No issues found

Characteristics

State / local level

General information

Address: 2221 H G Mosley Pkwy 100; Longview, TX 75604
Metro area: Longview, TX
County: Gregg County, TX
Website URL: ntec.cc
Phone: +49 2171 5006

IRS details

EIN: 75-1615421
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1978
Eligible to receive tax-deductible contributions (Pub 78): No

Categorization

NTEE code, primary: W80: Public Utilities
NAICS code, primary: 2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status: Independent

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Northeast Texas Electric Cooperative (NTEC)

Program areas at NTEC

Personnel at NTEC

Financials for NTEC

Form 990s for NTEC

Organizations like NTEC

Nonprofits

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