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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 Brazos Electric Power Cooperative Inc

Brazos Electric Power Cooperative Inc

Fiscal year ending 2022. Filed on November 13, 2023.

7616 Bagby Ave
Waco, Texas 76712

Brazos Electric Power Cooperative Inc (EIN: 74-0524729) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Brazos Electric Power Cooperative Inc, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 15 out of 402 total employees. Among the employees shown here, the average compensation is $242,057. The highest compensated employee at Brazos Electric Power Cooperative Inc is Clifton Kernei with fiscal year 2022 compensation of $847,509.

Revenue, expenses, and employee compensation

Revenue

$1,870,614,504

Expenses

$2,636,440,308

Employee compensation

$41,955,155
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Clifton Kernei
Executive Vice President and GM
$1,111,005
$1,111,005 No related compNo other comp
Khaki Bordovsky
Vice President, Services
$461,090
$461,090 No related compNo other comp
Johnny York
Vice President - Transmission
$437,893
$437,893 No related compNo other comp
Joshua Clevenger
Vice President - Power Supply
$415,435
$415,435 No related compNo other comp
Travis Thrall
Vice President - Generation
$361,879
$306,433 No related comp$55,446
Shari Heino
Chief Compliance Officer
$312,645
$261,703 No related comp$50,942
Michael Tavaglione
Plant Operator
$260,170
$208,611 No related comp$51,559
Robert Walker
Plant Manager
$249,020
$204,692 No related comp$44,328
Rodney Little
Manager Network Services
$235,527
$219,730 No related comp$15,797
Kyle Minnix
Manager Communication
$218,434
$218,434 No related compNo other comp
Brent Fox
Manager Fiscal Services
$211,985
$211,047 No related comp$938
Rick Ickert
Secretary and Treasurer
$53,892
$53,892 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Steve Jones
Director
$49,292
$49,292 No related compNo other comp
Frankie Elaine Martin
Director
$45,974
$45,974 No related compNo other comp
Kenneth Doyle Alexander
Director
$45,257
$45,257 No related compNo other comp
Billy Jones
Director
$44,932
$44,932 No related compNo other comp
Monte Carlisle
Director
$44,621
$44,621 No related compNo other comp
Bill Ragsdale
Director
$44,451
$44,451 No related compNo other comp
Henry Bradford
Director
$43,804
$43,804 No related compNo other comp
Glenn Jones
Director
$43,072
$43,072 No related compNo other comp
Larry Bays
Director
$41,255
$41,255 No related compNo other comp
Darryl Wayne Schriver
Director
No compensation reported
Neil Hesse
Director
No compensation reported
Brandon Young
Director
No compensation reported

Contractors

Norton Rose Fulbright US LLP
Legal
$11,545,167
Kramer Levin Naftalis Frankel Ll
Legal
$11,036,735
Berkeley Research Group LLC
Consulting
$10,475,455
Fti Consulting
Consulting
$8,350,312
Primoris Td Services LLC
Construction
$6,847,036

Mission Statement

Brazos Electric provides safe, reliable, and cost-effective transmission and distribution service to members and wholesale transmission customers while supporting the reliability of the bulk power system.

Revisions to this organization profile

November 13, 2025:
2024 Brazos Electric Power Cooperative Inc 990 filed
November 14, 2024:
2023 Brazos Electric Power Cooperative Inc 990 filed
November 13, 2023:
2022 Brazos Electric Power Cooperative Inc 990 filed

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