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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Employees Bandera Electric Cooperative Inc. Shane Schmidt

Shane Schmidt

Officer

Chief Operating Officer at Bandera Electric Cooperative Inc.

Fiscal year ended December 31, 2024. Published on January 25, 2026.

$421,251
2024

Total compensation

Shane Schmidt has been listed as an employee of Bandera Electric Cooperative Inc. in Form 990 filings since fiscal year 2018. Total compensation for Shane Schmidt has increased by 173.6% from 2018 to 2024.

Annual compensation details

$421,251
+5.4%
Chief Operating Officer
2024
$344k org
52 hrs/wk
$78k other
--
$399,547
+4.4%
Vice President of BEC Fiber
2023
$327k org
50 hrs/wk
$74k other
--

Total compensation by year

Compare the compensation of Shane Schmidt to:

2024

Other employees at Bandera Electric Cooperative Inc.

William Hetherington
Chief Executive Officer/Gm
$965,536
$817,452 from orgNo related comp$148,084 other
John Padalino
General Counsel/Chief Admin Officer
$446,304
$366,292 from orgNo related comp$80,012 other
John Rush
Director of Electric Operations
$297,508
$218,967 from orgNo related comp$78,541 other
Mark Busby
T&D Operations Manager
$279,961
$154,676 from orgNo related comp$125,285 other
Thilo Janssen
Engineering Director
$257,533
$193,999 from orgNo related comp$63,534 other
Stephanie Pankratz
Chief Financial Officer
$255,248
$224,698 from orgNo related comp$30,550 other
Allen Marshall
Director of Broadband Operations
$234,621
$179,185 from orgNo related comp$55,436 other
Johnny Olibas
Information Technology Director
$232,629
$161,125 from orgNo related comp$71,504 other
John Hernandez
Line Foreman
$230,096
$163,762 from orgNo related comp$66,334 other
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Revisions to this profile

January 25, 2026:
2024 Bandera Electric Cooperative Inc. 990 published
January 25, 2026:
2023 Bandera Electric Cooperative Inc. 990 published
January 25, 2026:
2022 Bandera Electric Cooperative Inc. 990 published

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