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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 2018. Filed on September 17, 2019.

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 2018 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 127 total employees. Among the employees shown here, the average compensation is $205,987. The highest compensated employee at Bandera Electric Cooperative Inc. is William Hetherington with fiscal year 2018 compensation of $417,739.

Revenue, expenses, and employee compensation

Revenue

$74,737,443

Expenses

$74,854,330

Employee compensation

$7,028,238
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

William Hetherington
Chief Executive Officer
$417,739
$320,797 No related comp$96,942
Lynn Midgette
Chief Financial Officer
$226,004
$226,004 No related compNo other comp
Bruce Forey
Marketing Director
$164,046
$132,366 No related comp$31,680
John Rush
Operations Manager
$162,626
$125,836 No related comp$36,790
Rodrigo Sifuentes
Engineering Manager
$160,376
$126,564 No related comp$33,812
Shawna Frerich
Controller
$157,162
$130,967 No related comp$26,195
Shane Schmidt
Manager of Fiber Operation
$153,955
$130,601 No related comp$23,354

Benchmark Employee Compensation

Non-Employee Board Members

Michael Edwards
Chair
$17,450
$17,450 No related compNo other comp
Frances Laue
Director
$17,000
$17,000 No related compNo other comp
Jeremy Diller
Director
$16,500
$16,500 No related compNo other comp
Zeda Alverado
Director
$16,250
$16,250 No related compNo other comp
Kurt Solis
Secretary and Treasurer
$16,000
$16,000 No related compNo other comp
Jerry Pierce
Director
$15,750
$15,750 No related compNo other comp
Richard Earnest
Director
$14,250
$14,250 No related compNo other comp
Douglas Sandidge
Vice Chair
$14,000
$14,000 No related compNo other comp
Jerry Word Sr
Director
$13,250
$13,250 No related compNo other comp

Contractors

Burns & Mcdonnell
Transmission Line Contractor
$13,938,117
Electricom LLC
Fiber Contractor
$6,118,711
Alpha Technologies Services Inc.
Fiber Contractor
$3,090,900
Das Aerial Services LLC
Underground Line Contractor
$2,155,218
James Power Line Construction
Overhead Line Contractor
$2,088,143

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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