Compensation 990

Trinity Valley Electric Cooperative Inc.

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

PO Box 888
Kaufman, Texas 75142

Trinity Valley Electric Cooperative Inc. (EIN: 75-2701263) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Trinity Valley Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 15 out of 217 total employees. Among the employees shown here, the average compensation is $277,521. The highest compensated employee at Trinity Valley Electric Cooperative Inc. is Jeffrey Lane with fiscal year 2024 compensation of $525,881.

Revenue, expenses, and employee compensation

Revenue

$197,727,488

Expenses

$197,263,529

Employee compensation

$16,828,454
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jeffrey Lane
Chief Executive Officer and General Manager
$525,881
$350,867 from orgNo related comp$175,014 other
Thomas Watson
Coo/Asst. General Manager
$430,619
$264,870 from orgNo related comp$165,749 other
Rodney Wesley
Director of Engineering/Ops
$332,248
$198,298 from orgNo related comp$133,950 other
Gary Sherrard
Manager of Sub/Trans
$268,546
$167,068 from orgNo related comp$101,478 other
Donna Weaver
Director of CORP Services
$263,562
$177,640 from orgNo related comp$85,922 other
Thomas Durden
Operations Manager
$259,466
$166,313 from orgNo related comp$93,153 other
Raymond Choyce
Journeyman
$247,236
$195,940 from orgNo related comp$51,296 other
Bobbi Byford
Director of CORP Relations
$241,090
$170,506 from orgNo related comp$70,584 other
Scott Stewart
Crew Foreman
$240,845
$180,007 from orgNo related comp$60,838 other
Robert White
Chief Financial Officer
$236,713
$188,516 from orgNo related comp$48,197 other
Phillip Harrison
Operations Manager
$235,804
$163,790 from orgNo related comp$72,014 other
Timothy Craig
Engineering Manager
$225,850
$168,802 from orgNo related comp$57,048 other

Non-Employee Board Members

Paul Weatherford
Director
$30,283
$30,283 from orgNo related compNo other comp
Howard Tillison
Chair
$12,150
$12,150 from orgNo related compNo other comp
Carolyn Minor
Vice Chair
$11,550
$11,550 from orgNo related compNo other comp
Jeff Priest
Director
$11,550
$11,550 from orgNo related compNo other comp
Jack Endres
Director
$11,250
$11,250 from orgNo related compNo other comp
Edward Reeve
Director
$10,500
$10,500 from orgNo related compNo other comp
Jo Ann Hanstrom
Secretary
$10,350
$10,350 from orgNo related compNo other comp

Mission Statement

TRINITY VALLEY ELECTRIC COOPERATIVE, INC. IS COMMITTED TO DELIVER SAFE AND RELIABLE ELECTRIC POWER AT A COMPETITIVE PRICE.

Revisions to this organization profile

November 17, 2025:
2024 Trinity Valley Electric Cooperative Inc. 990 filed
November 15, 2024:
2023 Trinity Valley Electric Cooperative Inc. 990 filed
November 16, 2023:
2022 Trinity Valley Electric Cooperative Inc. 990 filed

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