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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. William Hetherington

William Hetherington

Officer

Chief Executive Officer/Gm at Bandera Electric Cooperative Inc.

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

$965,536
2024

Total compensation

William Hetherington has been listed as an employee of Bandera Electric Cooperative Inc. in Form 990 filings since at least fiscal year 2016. Total compensation for William Hetherington has increased by 272.3% from 2016 to 2024.

Annual compensation details

$965,536
+11.8%
Chief Executive Officer/Gm
2024
$818k org
50 hrs/wk
$149k other
--
$863,684
+35.4%
Chief Executive Officer and General Manager
2023
$724k org
50 hrs/wk
$140k other
--

Total compensation by year

Compare the compensation of William Hetherington to:

2024

Other employees at Bandera Electric Cooperative Inc.

John Padalino
General Counsel/Chief Admin Officer
$446,304
$366,292 from orgNo related comp$80,012 other
Shane Schmidt
Chief Operating Officer
$421,251
$343,468 from orgNo related comp$77,783 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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Other people named William Hetherington

2024
Employee
William Hetherington
Bandera Electric Charitable Foundation
$0