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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 2019. Filed on November 12, 2020.

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 2019 IRS Form 990 filing, Hilco Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 97 total employees. Among the employees shown here, the average compensation is $199,756. The highest compensated employee at Hilco Electric Cooperative Inc. is Thomas Cheek with fiscal year 2019 compensation of $279,024.

Revenue, expenses, and employee compensation

Revenue

$65,322,295

Expenses

$65,561,913

Employee compensation

$6,459,381
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas Cheek
Vice President, Operations
$279,024
$165,398 No related comp$113,626
Paula Farquhar
Chief Financial Officer
$262,207
$173,472 No related comp$88,735
Debra A Cole
Chief Executive Officer and General Manager
$248,463
$221,564 No related comp$26,899
Lea Sanders
Strategic Initiatives Director
$204,685
$169,965 No related comp$34,720
Travis Sanders
ASST Director of Operations
$161,139
$106,292 No related comp$54,847
Matthew Fehnel
Information Technology Director
$160,243
$119,314 No related comp$40,929
Brandi Shore
Human Resources Director
$149,164
$111,727 No related comp$37,437
Daniel Taylor
Manager of Special Equipment
$133,126
$105,160 No related comp$27,966

Benchmark Employee Compensation

Non-Employee Board Members

Janet Smith
Secretary
$42,396
$42,396 No related compNo other comp
George Thiess
Director
$39,161
$39,161 No related compNo other comp
Joseph Tedesco
President
$36,672
$36,672 No related compNo other comp
William Allen
Vice President
$34,380
$34,380 No related compNo other comp
Leroy Huff
Director
$33,103
$33,103 No related compNo other comp
Margaret Hill
Director
$31,866
$31,866 No related compNo other comp
Ronald Roberts
Director
$28,870
$28,870 No related compNo other comp

Contractors

Trinity Utilities & Boring
Underground Construction
$1,521,595
Techline Construction LLC
Overhead Construction
$887,981
Bacco Tree Services
Right of Way Clearing
$770,922
Arborworks LLC
Right of Way Clearing
$570,727
Double D Solutions & Development
Construction Contractor
$325,265

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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