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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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Organizations Bandera Electric Cooperative Inc.

Bandera Electric Cooperative Inc.

Fiscal year ending 2017. Filed on October 24, 2018.

PO Box 667
Bandera, Texas 78003

Bandera Electric Cooperative Inc. (EIN: 74-0498072) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, Bandera Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 135 total employees. Among the employees shown here, the average compensation is $180,387. The highest compensated employee at Bandera Electric Cooperative Inc. is William Hetherington with fiscal year 2017 compensation of $350,943.

Revenue, expenses, and employee compensation

Revenue

$68,165,392

Expenses

$68,674,357

Employee compensation

$6,170,364
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

William Hetherington
Chief Executive Officer and General Manager
$350,943
$260,614 No related comp$90,329
Lynn Midgette
Chief Financial Officer and Chief Operating Officer
$181,000
$181,000 No related compNo other comp
John Rush
Operations Manager
$171,218
$121,901 No related comp$49,317
Rodrigo Sifuentes
Engineering Manager
$163,932
$127,856 No related comp$36,076
Shawna Frerich
Controller
$139,820
$106,129 No related comp$33,691
James Ward
Manager of Distribution Design
$135,263
$104,188 No related comp$31,075
Richard McDonald
IT Manager (JAN - MAY)
$120,533
$105,915 No related comp$14,618

Benchmark Employee Compensation

Non-Employee Board Members

Jerry Pierce
Director
$17,000
$17,000 No related compNo other comp
Jeremy Diller
Director
$16,250
$16,250 No related compNo other comp
Frances Laue
Director
$16,000
$16,000 No related compNo other comp
Kurt Solis
Secretary and Treasurer
$15,750
$15,750 No related compNo other comp
Richard Earnest
Director
$15,750
$15,750 No related compNo other comp
Michael Edwards
Chair
$15,450
$15,450 No related compNo other comp
Zeda Alverado
Director
$14,500
$14,500 No related compNo other comp
Douglas Sandidge
Vice Chair
$11,500
$11,500 No related compNo other comp
Jerry Word Sr
Director
$11,500
$11,500 No related compNo other comp

Contractors

Das Aerial Services LLC
Underground Line Construction Contractor
$2,090,983
Pannell Contracting
Overhead Line Construction Contractor
$1,662,175
Shalom Equipment LLC
Fiber Contractor
$1,366,063
James Power Line Construction
Overhead Line Construction Contractor
$1,319,017
N-Com Inc.
Fiber Contractor
$780,363

Mission Statement

TO PROVIDE ELECTRIC, BROADBAND INTERNET AND OTHER RELATED GOODS AND SERVICES TO OUR MEMBERS.

Revisions to this organization profile

November 17, 2025:
2024 Bandera Electric Cooperative Inc. 990 filed
November 15, 2024:
2023 Bandera Electric Cooperative Inc. 990 filed
November 16, 2023:
2022 Bandera Electric Cooperative Inc. 990 filed

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