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  4. Trinity Valley Electric Cooperative (TVEC)
EIN 75-2701263

Trinity Valley Electric Cooperative (TVEC)

IRS 501(c) type
501(c)(12)
Num. employees
215
City
Kaufman
State
Texas
Year formed
1997
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
Trinity Valley Electric Cooperative Inc. is committed to our memberowners to deliver safe and reliable Electric power at a competitive price with a strong emphasis on member service community and sound business practices. To provide Electric service at the retail level to a designated six-county rural service area at cost on a Cooperative basis. To provide electric service at a retail level to a designated six county rural service area at cost, on a cooperative basis. To provide quality and reliable Electric service to members at cost on a Cooperative basis.
Total revenues
$201,369,793
2023
Total expenses
$200,552,254
2023
Total assets
$429,806,254
2023
Num. employees
215
2023

Program areas at TVEC

Providing Electric energy to our members on a Cooperative basis through the allocation of patronage capital. There were 84,867 active services at year end.

Personnel at TVEC

NameTitleCompensation
Jeff LaneGeneral Manager and Chief Executive Officer$155,822
Thomas WatsonChief Operating Officer and Assistant General Manager$234,902
Tony WatsonAssistant General Manager and Chief Operations Officer$159,499
Bobby WhiteChief Financial Officer
Rodney WesleyDirector of Engineering and Operations$183,890
...and 15 more key personnel

Financials for TVEC

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$199,721,070
Investment income and dividends$68,293
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$142,303
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$1,407
Miscellaneous revenues$1,436,720
Total revenues$201,369,793

Form 990s for TVEC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122022-11-03990View PDF
2020-122021-11-15990View PDF
2019-122021-06-08990View PDF
...and 10 more Form 990s

Organizations like TVEC

OrganizationLocationRevenue
Yampa Valley Electric AssociationSteamboat Springs, CO$75,827,227
Dakota Valley Electric CooperativeEdgeley, ND$61,076,760
Canadian Valley Electric CooperativeSeminole, OK$68,485,719
New Hampshire Electric Cooperative (NHEC)Plymouth, NH$183,216,707
Pentex EnergyMuenster, TX$60,601,561
Gibson Electric MembershipTrenton, TN$119,497,988
Dixie Electric Membership CorporationBaton Rouge, LA$316,976,547
Southern Maryland Electric CooperativeHughesville, MD$482,120,622
Central Rural Electric CooperativeStillwater, OK$69,614,536
United Cooperative ServicesBurleson, TX$362,077,068
Data update history
November 2, 2024
Updated personnel
Identified 3 new personnel
October 19, 2024
Updated personnel
Identified 1 new personnel
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 18, 2024
Updated personnel
Identified 3 new personnel
December 29, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
PO Box 888
Kaufman, TX 75142
Metro area
Dallas-Fort Worth-Arlington, TX
County
Kaufman County, TX
Website URL
tvec.net/ 
Phone
(800) 766-9576
IRS details
EIN
75-2701263
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1997
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
Central organization
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