Nonprofit · EIN 74-0754103
BLUEBONNET ELECTRIC COOPERATIVE INC
Tax-exempt · BASTROP, TX 78602
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $365,251,747 | $363,833,112 | $1,418,635 | $876,058,516 | $514,481,265 | $361,577,251 |
| December 31, 2023 | 990 | $310,953,850 | $310,074,933 | $878,917 | $803,686,235 | $467,555,967 | $336,130,268 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $362,822,760
- Investment income
- $1,229,968
- Royalties
- $13,518
- Net rental income
- $24,601
- Net gain from sales of assets
- $265,438
- Net income from sales of inventory
- $21,445
- Other revenue
- $1,199,019
Expenses
- Grants and similar amounts paid
- $515,489
- Benefits paid to members
- $33,111,288
- Compensation of officers, directors and key employees
- $4,092,864
- Other salaries and wages
- $17,088,556
- Salaries, compensation and benefits (total)
- $27,425,329
- Professional fundraising fees
- $0
- Depreciation
- $27,078,949
Balance sheet and other
- Total assets, start of year
- $803,686,235
- Total assets, end of year
- $876,058,516
- Total liabilities, end of year
- $514,481,265
- Net assets, end of year
- $361,577,251
- Land, buildings and equipment
- $752,615,851
- Gross receipts
- $366,992,818
- Employees
- 411
- Volunteers
- 0
- Year formed
- 1939
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW BENTKE | GENERAL MANAGER Officer | 60 | $970,799 | $318,864 |
| ERIC KOCIAN | CHIEF ENGINEER/SYSTEM OPS OFFICER Officer | 50 | $489,261 | $161,486 |
| GRANT GUTIERREZ | CHIEF FINANCIAL OFFICER Officer | 50 | $485,339 | $151,268 |
| SARAH NEWMAN-ALTAMIRANO | GENERAL COUNSEL Officer | 50 | $524,499 | $48,847 |
| RACHEL ELLIS | CHIEF ADMINISTRATIVE OFFIC Officer | 50 | $358,960 | $171,344 |
| THOMAS ELLIS | MGR OF ENGINEERING Highest-paid employee | 50 | $300,396 | $128,911 |
| PHILLIP ELLIS | MGR OF TECHNICAL SERVICES Highest-paid employee | 50 | $298,546 | $92,979 |
| WESLEY BRINKMEYER | MGR COMMUNITY/DEVELOPMENTAL SERVICES Highest-paid employee | 50 | $321,662 | $63,605 |
| DANIEL FOWLER | MGR OF TECH PROGRAMS Highest-paid employee | 50 | $302,161 | $65,954 |
| WILLIAM HOLFORD | MGR OF PUBLIC AFFAIRS Highest-paid employee | 50 | $308,761 | $40,778 |
| ERVIN B FLENCHER JR | CHAIRMAN Trustee or director, Officer | 9.9 | $49,443 | $0 |
| RODERICK EMANUEL | VICE CHAIRMAN Trustee or director, Officer | 8.4 | $46,055 | $0 |
| ROBERT MIKESKA | SECRETARY/TREASURER Trustee or director, Officer | 8.6 | $45,881 | $0 |
| DEBORAH GOERTZ | DIRECTOR Trustee or director | 7.6 | $45,475 | $0 |
| CARRISSA WHITELEY | DIRECTOR Trustee or director | 6.8 | $45,469 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RUSSELL JURK | DIRECTOR Trustee or director | 8.3 | $45,257 |
| BYRON BALKE | ASST SECRETARY/TREASURER Trustee or director, Officer | 8.7 | $45,003 |
| BRYAN BRACEWELL | DIRECTOR Trustee or director | 8 | $44,995 |
| MILTON SHAW | DIRECTOR Trustee or director | 9 | $44,619 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW BENTKE | GENERAL MANAGER Officer | 50 | $894,536 | $308,213 |
| ERIC KOCIAN | CHIEF ENGINEER/SYSTEM OPS OFFICER Officer | 50 | $457,192 | $150,087 |
| GRANT GUTIERREZ | CFO Officer | 50 | $454,894 | $142,275 |
| SARAH NEWMAN-ALTAMIRANO | GENERAL COUNSEL Officer | 50 | $493,309 | $44,808 |
| RACHEL ELLIS | CHIEF ADMINISTRATIVE OFFICER Officer | 50 | $350,505 | $172,353 |
| THOMAS ELLIS | MGR OF ENGINEERING Highest-paid employee | 50 | $267,061 | $103,969 |
| PHILLIP ELLIS | MGR OF TECHNICAL SERVICES Highest-paid employee | 50 | $256,907 | $90,813 |
| WILLIAM HOLFORD | MGR OF PUBLIC AFFAIRS Highest-paid employee | 50 | $306,127 | $39,897 |
| WESLEY BRINKMEYER | MGR COMMUNITY/DEVELOPMENT SERVICES Highest-paid employee | 50 | $275,639 | $58,609 |
| DANIEL FOWLER | MGR OF TECH PROGRAMS Highest-paid employee | 50 | $256,922 | $60,598 |
| ERVIN B FLENCHER JR | CHAIRMAN Trustee or director, Officer | 10.5 | $50,082 | $0 |
| DEBORAH GOERTZ | DIRECTOR Trustee or director | 9.4 | $46,276 | $0 |
| RODERICK EMANUEL | VICE CHAIRMAN Trustee or director, Officer | 9.2 | $45,790 | $0 |
| MILTON SHAW | DIRECTOR Trustee or director | 10.6 | $45,642 | $0 |
| RUSSELL JURK | DIRECTOR Trustee or director | 9.1 | $45,474 | $0 |
| ROBERT MIKESKA | SECRETARY/TREASURER Trustee or director, Officer | 9 | $45,416 | $0 |
| BRYAN BRACEWELL | DIRECTOR Trustee or director | 8.1 | $44,842 | $0 |
| CARRISSA WHITELEY | DIRECTOR Trustee or director | 7.1 | $44,842 | $0 |
| BYRON BALKE | ASST SECRETARY/TREASURER Trustee or director, Officer | 8 | $44,626 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 729, BASTROP, TX 78602-0729
- Principal officer (990 for 2024)
- MATT BENTKE, PO BOX 729, BASTROP, TX 786020729
- Signed the 990
- GRANT GUTIERREZ, CFO
- Phone
- (888) 622-2583
- Website
- WWW.BLUEBONNET.COOP
- Return prepared by
- BOLINGER SEGARS GILBERT AND MOSS LLP
Mission
TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE.
Program accomplishments
- PROVIDING ELECTRIC ENERGY TO OUR MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 136,778 ACTIVE SERVICES AT YEAR END.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 74-0754103
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1940
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $876,058,516
- Income (IRS master file)
- $366,992,818
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $365,251,747 | $363,833,112 | $876,058,516 | IRS |
| 990 | December 2023 | $310,953,850 | $310,074,933 | $803,686,235 | XML |
| 990 | December 2022 | $304,607,852 | $302,622,296 | $731,168,086 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-0754103).
Questions about BLUEBONNET ELECTRIC COOPERATIVE INC
- What is the EIN of BLUEBONNET ELECTRIC COOPERATIVE INC?
- The employer identification number (EIN) of BLUEBONNET ELECTRIC COOPERATIVE INC is 74-0754103.
- Is BLUEBONNET ELECTRIC COOPERATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1940.
- Are donations to BLUEBONNET ELECTRIC COOPERATIVE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BLUEBONNET ELECTRIC COOPERATIVE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BLUEBONNET ELECTRIC COOPERATIVE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BLUEBONNET ELECTRIC COOPERATIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BLUEBONNET ELECTRIC COOPERATIVE INC?
- The 990 for the year ended December 31, 2024 names MATT BENTKE.
- Who are the officers and directors of BLUEBONNET ELECTRIC COOPERATIVE INC?
- The 990 for the year ended December 31, 2024 lists 19 people; 19 received compensation from the organization, the highest $970,799 (MATTHEW BENTKE, GENERAL MANAGER).
- How much revenue does BLUEBONNET ELECTRIC COOPERATIVE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $365,251,747, expenses of $363,833,112 and total assets of $876,058,516 at year end.
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