#233 of 500 · Member & Benefit Funds

Rayburn Country Electric Cooperative Inc

EIN 75-1668526 · TX · NTEE n/a · Form 990, fiscal 2023

A not-for-profit generation and transmission electric cooperative headquartered in Rockwall, Texas, operating within ERCOT. It provides wholesale electric power to four member-owned distribution cooperatives, Fannin Electric, Farmers Electric, Grayson-Collin Electric and Trinity Valley Electric, which together serve over 625,000 Texans. Rayburn owns more than 265 miles of transmission line and generation assets including the natural gas-fueled Rayburn Energy Station in Grayson County.

Financials, fiscal 2023

Revenue

$683.0M

Expenses

$683.0M

Total assets

$1.10B

Net assets

$168.5M

Operating margin

0.0%

1-year growth

21.3%

5-year growth (CAGR)

16.6%

Reserve (years of spending)

3.0

Contributions share

n/a

Programme spending

99.5%

Fundraising cost

n/a

Executive pay share

0.43%

Employees

93

Revenue per employee

$7.3M

Grants paid

$66K

Years filing

43

NFP Health Score: 70 / 100

Financial 43 · 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 deliver competitive, reliable wholesale power while exemplifying integrity and excellence in service to its Members.

Revenue history