#174 of 500 · Member & Benefit Funds

Pedernales Electric Cooperative Inc

EIN 74-0828412 · TX · NTEE n/a · Form 990, fiscal 2023

A not-for-profit rural electric distribution cooperative headquartered in Johnson City, Texas. Founded in 1938, it is the largest distribution cooperative in the United States, owned by its members and serving more than 300,000 member-accounts across roughly 8,100 square miles of the Central Texas Hill Country. It supplies electricity and related services at cost to its member-owners.

Financials, fiscal 2023

Revenue

$882.8M

Expenses

$879.4M

Total assets

$2.21B

Net assets

$881.1M

Operating margin

0.4%

1-year growth

5.3%

5-year growth (CAGR)

9.2%

Reserve (years of spending)

12.0

Contributions share

n/a

Programme spending

99.4%

Fundraising cost

n/a

Executive pay share

0.64%

Employees

1,015

Revenue per employee

$870K

Grants paid

n/a

Years filing

83

NFP Health Score: 75 / 100

Financial 54 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To provide safe, reliable, low-cost power to the members it serves.

Revenue history