Texas Reliability Entity Inc

Fiscal year ending 2023. Filed on November 13, 2024.

8000 Metropolis Dr Bldg A Ste 300
Austin, Texas 78744

Texas Reliability Entity Inc (EIN: 27-1582178) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Texas Reliability Entity Inc, a 501(c)(3) charitable organization, reported compensation for 14 out of 72 total employees. Among the employees shown here, the average compensation is $243,089. The highest compensated employee at Texas Reliability Entity Inc is Jim Albright with fiscal year 2023 compensation of $589,013.

Revenue, expenses, and employee compensation

Revenue

$17,855,471

Expenses

$15,761,555

Employee compensation

$12,596,527
Revenue, expenses, and employee compensation over time

Mission Statement

TEXAS RELIABILITY ENTITY, INC. (TEXAS RE) IS A TEXAS NON-PROFIT CORPORATION THAT IS (A) ONE OF THE SIX REGIONAL ENTITIES UNDER A DELEGATION AGREEMENT WITH NORTH AMERICAN ELECTRIC RELIABILITY CORPORATION (NERC) AS THE ERO (ELECTRIC RELIABILITY ORGANIZATION), WHICH WAS APPROVED BY THE FEDERAL ENERGY REGULATORY COMMISSION (FERC) ON MAY 6, 2010, FOR A FIVE-YEAR PERIOD BEGINNING JANUARY 1, 2011 AND RENEWED FOR ANOTHER FIVE-YEAR PERIOD BEGINNING JANUARY 1, 2016; AND UNDER ITS REGIONAL ENTITY CONTRACT, TEXAS RE FACILITATES DEVELOPMENT OF AND OVERSEES COMPLIANCE WITH FEDERAL ELECTRIC RELIABILITY STANDARDS BY USERS, OWNERS, AND OPERATORS OF THE BULK POWER SYSTEM (BPS) IN THE ELECTRIC RELIABILITY COUNCIL OF TEXAS, INC. (ERCOT) REGION IN TEXAS. THE AGREEMENT WAS EXTENDED FOR ANOTHER FIVE-YEAR TERM EFFECTIVE JANUARY 1, 2021.

Revisions to this organization profile

November 10, 2025:
2024 Texas Reliability Entity Inc 990 filed
November 13, 2024:
2023 Texas Reliability Entity Inc 990 filed
November 14, 2023:
2022 Texas Reliability Entity Inc 990 filed

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