#207 of 500 · Member & Benefit Funds

Denton County Electric Cooperative Inc

EIN 75-0233075 · TX · NTEE n/a · Form 990, fiscal 2023

A not-for-profit electric distribution cooperative headquartered in Corinth, Texas. Founded in 1937, it delivers electricity (and, through affiliates, natural gas) to more than 150,000 member-owners across Denton, Collin, Cooke, Wise, Tarrant, and Grayson counties in North Texas, making it one of the state's largest electric cooperatives. It is owned by and operated for the benefit of its members.

Financials, fiscal 2023

Revenue

$780.8M

Expenses

$779.0M

Total assets

$2.11B

Net assets

$811.5M

Operating margin

0.2%

1-year growth

-5.5%

5-year growth (CAGR)

8.7%

Reserve (years of spending)

12.5

Contributions share

n/a

Programme spending

99.5%

Fundraising cost

n/a

Executive pay share

0.61%

Employees

517

Revenue per employee

$1.5M

Grants paid

$67K

Years filing

85

NFP Health Score: 69 / 100

Financial 57 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To deliver excellent service by providing safe, reliable, and affordable energy to its members.

Revenue history