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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 Concho Valley Electric Cooperative Inc.

Concho Valley Electric Cooperative Inc.

Fiscal year ending 2018. Filed on November 12, 2019.

PO Box 3388
San Angelo, Texas 76902

Concho Valley Electric Cooperative Inc. (EIN: 75-0204684) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Concho Valley Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 60 total employees. Among the employees shown here, the average compensation is $208,694. The highest compensated employee at Concho Valley Electric Cooperative Inc. is Kelly Lankford with fiscal year 2018 compensation of $304,290.

Revenue, expenses, and employee compensation

Revenue

$39,758,524

Expenses

$39,758,524

Employee compensation

$4,846,358
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kelly Lankford
Executive Vice President and Chief Executive Officer
$304,290
$225,194 No related comp$79,096
Victor Thompson
Director of Engineering/Ops
$226,177
$134,261 No related comp$91,916
John Musick
Line Superintendent
$226,087
$114,695 No related comp$111,392
Larry Gray
Director of Office Services
$178,308
$115,806 No related comp$62,502
Dustin Brown
Engineering Manager
$163,021
$120,859 No related comp$42,162
Terry Ward
Engineering Foreman
$154,283
$104,165 No related comp$50,118

Benchmark Employee Compensation

Non-Employee Board Members

Daryl Schniers
Director
$4,650
$4,650 No related compNo other comp
Frank Hoelscher
Director
$3,850
$3,850 No related compNo other comp
Thomas Carter
Secretary and Treasurer
$3,650
$3,650 No related compNo other comp
Wayne Klattenhoff
Vice President
$3,650
$3,650 No related compNo other comp
Jeff Copeland
President
$2,800
$2,800 No related compNo other comp
Ralph Willberg
Director
$2,800
$2,800 No related compNo other comp
David Kempen
Director
$1,500
$1,500 No related compNo other comp

Contractors

Techline Construction LLC
Line Construction
$978,374
Pole Inspection of West Texas LLC
Pole Inspection and Row Clearing
$250,013

Mission Statement

CONCHO VALLEY ELECTRIC COOPERATIVE, INC. DEDICATES ITSELF TO THE IMPROVEMENT OF ITS MEMBERS' LIFESTYLE AND THE ECONOMIC ENVRIONMENT OF ITS SERVICE AREA. THE COOPERATIVE IS COMMITTED TO PROVIDING SAFE, RELIABLE ELECTRIC SERVICE AT THE LOWEST PRACTICAL COST AND TO MEETING THE CHANGING NEEDS OF ITS MEMBERSHIP WITH A WELL-TRAINED, QUALITY WORKFORCE AND WITH THE USE OF SOUND BUSINESS PRACTICES.

Revisions to this organization profile

November 14, 2025:
2024 Concho Valley Electric Cooperative Inc. 990 filed
November 14, 2024:
2023 Concho Valley Electric Cooperative Inc. 990 filed
November 15, 2023:
2022 Concho Valley Electric Cooperative Inc. 990 filed

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