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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 Grayson-Collin Electric Cooperative Inc.

Grayson-Collin Electric Cooperative Inc.

Fiscal year ending 2018. Filed on November 7, 2019.

PO Box 548
Van Alstyne, Texas 75495

Grayson-Collin Electric Cooperative Inc. (EIN: 75-0300645) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Grayson-Collin Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 11 out of 114 total employees. Among the employees shown here, the average compensation is $187,842. The highest compensated employee at Grayson-Collin Electric Cooperative Inc. is David McGinnis with fiscal year 2018 compensation of $365,555.

Revenue, expenses, and employee compensation

Revenue

$134,313,434

Expenses

$134,413,434

Employee compensation

$7,735,383
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David McGinnis
Chief Executive Officer and General Manager
$365,555
$307,831 No related comp$57,724
Kevin Stevens
MGR of Maintenance and Operations
$212,003
$163,967 No related comp$48,036
Chris Offill
Ceo/Cfo Grayson-Collin Communication
$201,480
$154,128 No related comp$47,352
Mike Rolandt
Chief Financial Officer
$196,190
$149,203 No related comp$46,987
Paul Yates
MGR of Underground Construction
$190,035
$153,853 No related comp$36,182
Jeff Smith
MGR of Information Technology
$180,985
$135,237 No related comp$45,748
Michael Lauer
MGR of Member SVCS
$178,721
$133,170 No related comp$45,551
Keith Simco
Working Foreman
$178,535
$135,361 No related comp$43,174
Dennis Ferguson
MGR of Overhead Construction
$175,971
$140,833 No related comp$35,138
Eddy Reece
Working Foreman
$175,666
$132,661 No related comp$43,005
Marcus Brown
Former Director
$11,120
$11,120 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Jim Copeland
Director
$35,907
$35,907 No related compNo other comp
Paul Kirkland
Director
$25,239
$25,239 No related compNo other comp
Ray Houston
Vice President
$25,239
$25,239 No related compNo other comp
Steve Robinson
Secretary and Treasurer
$25,139
$25,139 No related compNo other comp
Charles Rice
President
$24,889
$24,889 No related compNo other comp

Contractors

Vaquero Underground Services LLC
Underground Construction
$6,658,814
Techline Construction LLC
Overhead Construction
$3,586,802
Pulliam Construction
New Building General Contractor
$1,155,483
Trees LLC
Tree Trimming
$940,045
Scarborough Engineering Inc.
Engineering
$535,790

Mission Statement

TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE.

Revisions to this organization profile

November 17, 2025:
2024 Grayson-Collin Electric Cooperative Inc. 990 filed
November 16, 2024:
2023 Grayson-Collin Electric Cooperative Inc. 990 filed
November 6, 2023:
2022 Grayson-Collin Electric Cooperative Inc. 990 filed

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