Denton County Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 17, 2025.

7701 South Stemmons Freeway
Corinth, Texas 76210

Denton County Electric Cooperative Inc. (EIN: 75-0233075), also known as Coserv Electric, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Denton County Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 13 out of 543 total employees. Among the employees shown here, the average compensation is $484,109. The highest compensated employee at Denton County Electric Cooperative Inc. is Donald Clary with fiscal year 2024 compensation of $1,277,565. Denton County Electric Cooperative Inc. changed its name from Denton County Electric Cooperative Inc. Dba Coserv Electric in 2018.

Revenue, expenses, and employee compensation

Revenue

$861,693,075

Expenses

$860,619,539

Employee compensation

$53,952,417

Reported Compensated Employees

Donald Clary

President and Chief Executive Officer

$1,277,565

$1,068,113 No related comp$209,452

Philip Hassell

Senior Vice President - Field Operations

$565,581

$349,596 No related comp$215,985

Denise Smithers

Senior Vice President - Customer Care/Engment

$521,454

$385,948 No related comp$135,506

Gary Franzen

Senior Vice President - Energy Resources

$516,487

$366,659 No related comp$149,828

Brent Bishop

Senior Vice President and Chief Financial Officer

$509,585

$387,075 No related comp$122,510

Greg Ward

Senior Vice President - Energy Infrastructure

$491,840

$370,125 No related comp$121,715

Jeffrey McNeal

Senior Vice President - Information Technology

$480,132

$369,318 No related comp$110,814

Dyan James

Senior Vice President - Corporate Services

$424,085

$347,832 No related comp$76,253

Charles Turner

Advisor to the CFO

$323,208

$241,305 No related comp$81,903

Peter Nylec

Engineering Director

$305,783

$256,132 No related comp$49,651

Jackie Grass

Director of Utility Accounting

$297,543

$228,119 No related comp$69,424

Heather Mize

Director of Human Resources (Jan-Sep)

$291,375

$243,100 No related comp$48,275

Benchmark Employee Compensation

Non-Employee Board Members

Trisha Sheffield

Chair

$46,400

$46,400 No related compNo other comp

Christopher McCraw

Director

$44,900

$44,900 No related compNo other comp

Jarett Adair

Secretary and Treasurer

$43,900

$43,900 No related compNo other comp

William Kollar

Director

$41,990

$41,990 No related compNo other comp

William Ragsdale

Vice Chair

$39,900

$39,900 No related compNo other comp

Richard Muir

Director (Jan-Oct)

$34,950

$34,950 No related compNo other comp

Leon Pelzel

Director (Jan-Aug)

$24,600

$24,600 No related compNo other comp

Lynn Stucky

Director (Part-Year)

$4,450

$4,450 No related compNo other comp

Contractors

Primoris T&D Services LLC

Utility Line Contractor

$12,886,008

Texas State Utilities Inc.

Utility Line Contractor

$8,655,078

Pci Utilities LLC

Utility Line Contractor

$7,099,627

Standard Utility Construction

Utility Line Contractor

$6,734,393

National Information Solutions Cooperative

Software and Billing

$3,766,352

Mission Statement

TO DELIVER EXCELLENT SERVICE TO OUR MEMBERS AND CUSTOMERS BY PROVIDING SAFE AND RELIABLE ENERGY SOLUTIONS.

Revisions to this organization profile

November 17, 2025:

2024 Denton County Electric Cooperative Inc. 990 filed

November 15, 2024:

2023 Denton County Electric Cooperative Inc. 990 filed

November 14, 2023:

2022 Denton County Electric Cooperative Inc. 990 filed

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Denton County Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 17, 2025.

7701 South Stemmons Freeway
Corinth, Texas 76210

Denton County Electric Cooperative Inc.

Revenue, expenses, and employee compensationIRS Form 990 totals for revenue, expenses, and employee compensation (salaries, other compensation, and employee benefits).

Reported Compensated Employees

Non-Employee Board Members

ContractorsOrganizations are only required to report their five highest-compensated contractors. More unreported contractors may receive compensation from this organization.

Mission Statement

Revisions to this organization profile

Get an email when new compensation information is released for Denton County Electric Cooperative Inc.

Related Jobs

Denton County Electric Cooperative Inc.

Revenue, expenses, and employee compensationIRS Form 990 totals for revenue, expenses, and employee compensation (salaries, other compensation, and employee benefits).

Reported Compensated Employees

Non-Employee Board Members

ContractorsOrganizations are only required to report their five highest-compensated contractors. More unreported contractors may receive compensation from this organization.

Mission Statement

Revisions to this organization profile

Get an email when new compensation information is released for Denton County Electric Cooperative Inc.

Related Jobs

Revenue, expenses, and employee compensation

Contractors

Revenue, expenses, and employee compensation

Contractors