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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 Hilco Electric Cooperative Inc.

Hilco Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 11, 2025.

115 E Main Street
Itasca, Texas 76055

Hilco Electric Cooperative Inc. (EIN: 74-0683625) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Hilco Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 97 total employees. Among the employees shown here, the average compensation is $260,860. The highest compensated employee at Hilco Electric Cooperative Inc. is Thomas Cheek with fiscal year 2024 compensation of $378,865.

Revenue, expenses, and employee compensation

Revenue

$99,533,004

Expenses

$99,291,920

Employee compensation

$9,029,909
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas Cheek
Gm/Chief Executive Officer
$378,865
$226,153 No related comp$152,712
Paula Farquhar
Chief Financial Officer
$336,250
$231,005 No related comp$105,245
Travis Sanders
Operations Manager
$287,854
$164,149 No related comp$123,705
Lea Sanders
Chief Human Resources Officer
$266,698
$217,640 No related comp$49,058
Daniel Taylor
Chief Operating Officer
$265,887
$208,766 No related comp$57,121
Matthew Fehnel
Director of Is/It
$220,797
$150,786 No related comp$70,011
Charles Henkelman
Construction Foreman
$214,356
$157,057 No related comp$57,299
Clayton Thompson
LEAD Construction Lineman
$193,441
$139,771 No related comp$53,670
Michael Zamzow
First Class Lineman
$183,589
$141,541 No related comp$42,048

Benchmark Employee Compensation

Non-Employee Board Members

Richard White
Director
$36,903
$36,903 No related compNo other comp
Ronald Roberts
President
$35,348
$35,348 No related compNo other comp
William Allen
Director
$35,191
$35,191 No related compNo other comp
Janet Smith
Secretary and Treasurer
$30,921
$30,921 No related compNo other comp
Joseph Tedesco
Director
$29,493
$29,493 No related compNo other comp
Edward Harrison
Director
$28,843
$28,843 No related compNo other comp
Margaret Hill
Vice President
$28,375
$28,375 No related compNo other comp

Contractors

Trinity Utilities & Boring
Underground Construction
$2,566,411
Axis Power LLC
Overhead Construction
$1,924,091
Texar Line Clearance LLC
Right of Way Clearing
$1,478,657
Horton Tree Service
Right of Way Clearing
$1,079,376
Nisc
Software/Billing
$686,153

Mission Statement

THE AIM OF THE COOPERATIVE IS TO PROVIDE ELECTRIC ENERGY AND OTHER GOODS AND SERVICES AVAILABLE TO ITS MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT.

Revisions to this organization profile

November 11, 2025:
2024 Hilco Electric Cooperative Inc. 990 filed
November 15, 2024:
2023 Hilco Electric Cooperative Inc. 990 filed
November 6, 2023:
2022 Hilco Electric Cooperative Inc. 990 filed

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