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Texas Reliability Entity
Texas Reliability Entity reported $19.1 million in revenue and $16.7 million in expenses for calendar year 2024. Of every $100 it spent, $53.00 went to program services, $47.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 97.8% of the total. The highest compensation it reported for one person was $661,717 (President & CEO). 45 people received more than $100,000 in reportable compensation. Revenue rose 31% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $17MFor context, the median across 185 covered public & societal benefit charities: $88.81 programs, $11.18 management, $0.01 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $19MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 53.0% | 84.9% |
| Management & general Part IX 25(C) ÷ 25(A) | 47.0% | 10.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 97.8% | 83.8% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 3.2% |
| Highest reported compensation Part VII-A, columns D–F | $661,717 | $357,133 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.97% | 1.52% |
| People paid over $100,000 Part VII, line 2 | 45 | 12 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 6.9 | 10.5 |
| Independent voting board members Part VI 1a–1b | 2 of 7 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseTexas re lessens the burdens of government in several ways. Texas re's delegation agreement with nerc provides that nerc delegates to texas re certain of the responsibilities delegated by ferc to nerc (as the certified electric reliability organization) under section 215 of the federal power act. These activities include monitoring and enforcement of compliance with mandatory electric reliability standards and facilitating the development of new or modified federal electric reliability standards. The monitoring, enforcement, and implementation or modification of standards is designed to help…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President & CEO Director/trustee, officer, 40.0 hrs/week | $598,746 | $0 | $62,971 | $661,717 |
| Vice President & CPO Officer, 40.0 hrs/week | $340,276 | $0 | $70,524 | $410,800 |
| General Counsel and Corporate Secretary Officer, 40.0 hrs/week | $325,047 | $0 | $58,598 | $383,645 |
| Director, Compliance Assessments Highest compensated employee, 40.0 hrs/week | $266,991 | $0 | $57,596 | $324,587 |
| Chief Engineer & Director, Reliability Outreach Highest compensated employee, 40.0 hrs/week | $251,322 | $0 | $58,241 | $309,563 |
| Director, Enforcement & Registration Highest compensated employee, 40.0 hrs/week | $240,059 | $0 | $41,313 | $281,372 |
| Vice President & CFO Officer, 40.0 hrs/week | $219,318 | $0 | $45,731 | $265,049 |
| Director, Reliability Services Highest compensated employee, 40.0 hrs/week | $211,140 | $0 | $39,509 | $250,649 |
45 people received more than $100,000 in reportable compensation from Texas Reliability Entity (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.1M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 2 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 577
- Volunteers Part I, line 62
Correct a figure or respond
Every number above is copied from Texas Reliability Entity's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Texas Reliability Entity, you can publish a response that is linked from this page.
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Of every $100 Texas Reliability Entity spent in 2024, $53.00 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
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All public & societal benefit charities · Largest charities in Texas
Questions people ask
How much of Texas Reliability Entity's spending goes to programs?
In calendar year 2024, Texas Reliability Entity reported that 53.0% of its $16.7 million in expenses went to program services, 47.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Texas Reliability Entity pay its top executive?
The largest total compensation Texas Reliability Entity reported for one person in calendar year 2024 was $661,717, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Texas Reliability Entity get its money?
Of $19.1 million in revenue in calendar year 2024, 97.8% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Texas Reliability Entity a registered charity?
The IRS lists EIN 27-1582178 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503149349304520 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413189349309691 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343189349316039 · read the filing
- 2021: Form 990 for calendar year 2021, object 202221749349301007 · read the filing
- 2020: Form 990 for calendar year 2020, object 202141379349307604 · read the filing
- 2019: Form 990 for calendar year 2019, object 202031709349300038 · read the filing
All filings for EIN 27-1582178: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.