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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 2019. Filed on October 16, 2020.

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 2019 IRS Form 990 filing, Bandera Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 134 total employees. Among the employees shown here, the average compensation is $232,871. The highest compensated employee at Bandera Electric Cooperative Inc. is William Hetherington with fiscal year 2019 compensation of $439,669.

Revenue, expenses, and employee compensation

Revenue

$80,569,947

Expenses

$80,356,378

Employee compensation

$8,891,345
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

William Hetherington
Chief Executive Officer
$439,669
$332,219 No related comp$107,450
Lynn Midgette
Chief Financial Officer and Chief Operating Officer
$291,000
$291,000 No related compNo other comp
John Padalino
General Counsel/Chief Admin Officer
$259,808
$215,450 No related comp$44,358
Shane Schmidt
Manager of BEC Fiber
$234,201
$187,929 No related comp$46,272
John Rush
Operations Manager
$208,819
$149,834 No related comp$58,985
Shawna Frerich
Controller
$182,911
$133,597 No related comp$49,314
Allen Marshall
Outside Plant Operations Supervisor
$160,935
$117,857 No related comp$43,078
James Ward
Manager of Distribution Design
$160,685
$119,212 No related comp$41,473
Billy Simpson
Network Operations Supervisor
$157,809
$117,857 No related comp$39,952

Benchmark Employee Compensation

Non-Employee Board Members

Zeda Alvarado
Director
$20,500
$20,500 No related compNo other comp
Michael Edwards
Chair
$20,000
$20,000 No related compNo other comp
Jerry Pierce
Director
$19,250
$19,250 No related compNo other comp
Kurt Solis
Secretary and Treasurer
$19,000
$19,000 No related compNo other comp
Richard Earnest
Director
$19,000
$19,000 No related compNo other comp
Jeremy Diller
Director
$18,500
$18,500 No related compNo other comp
Jerry Word Sr
Director
$18,000
$18,000 No related compNo other comp
Frances Laue
Director
$16,500
$16,500 No related compNo other comp
Douglas Sandidge
VICE Chairman (JAN SEP)
$10,400
$10,400 No related compNo other comp

Contractors

Burns & Mcdonnell
Transmission Line Contractor
$13,794,690
Electricom LLC
Fiber Contractor
$5,112,977
Alpha Technologies Services Inc.
Fiber Contractor
$2,717,174
James Power Line Construction
Overhead Line Contractor
$2,667,236
Pannell Contracting
Right-of-Way Clearing Contractor
$2,222,164

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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