NonprofitsGolden Spread Electric Cooperative Inc

Golden Spread Electric Cooperative Inc

AMARILLO, TX

Total revenue

$545.2M

Total expenses

$545.2M

Net assets

$481.1M

Grants received

EIN

751941060

Tax year

2024

Mission

The organization is a consumer-owned wholesale electric power supplier cooperative.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$531.2M
Investment income$14.1M
Other revenue
Total revenue$545.2M

Expenses

Grants paid$149K
Salaries & benefits$24.7M
Fundraising
Other expenses$482.4M
Total expenses$545.2M
Total assets$1.4B
Net assets$481.1M

People

42 listed

NameRoleCompensation

KARI HOLLANDSWORTH

PRESIDENT & CHIEF EXECUTIVE OFFICER

Board

$906K

45 hrs/wk

JAMES GUY

GEN COUNSEL & CHIEF LEGAL/COMPLIANCE OFFICER

Board

$399K

50 hrs/wk

ROBERT M LOWE

CHIEF FINANCIAL OFFICER & ASST TREASURER

Board

$391K

40 hrs/wk

SHAD MCDANIEL

DIRECTOR

Board

$52K

7.8 hrs/wk

DALE ANCELL

DIRECTOR

Board

$50K

7.2 hrs/wk

ALBERT DANIEL

DIRECTOR

Board

$49K

4.9 hrs/wk

GRACE SUBEALDEA

DIRECTOR

Board

$45K

7.5 hrs/wk

DAVID SELL

DIRECTOR

Board

$43K

7.4 hrs/wk

DAVID MARRICLE

DIRECTOR

Board

$43K

6.2 hrs/wk

ANDREW KEITH HICKS

DIRECTOR

Board

$43K

4 hrs/wk

RANDY WHITE

DIRECTOR

Board

$42K

4.6 hrs/wk

DAVID MCCLAIN

SECRETARY/TREASURER

Board

$42K

7.6 hrs/wk

ZAC PERKINS

DIRECTOR

Board

$40K

7.3 hrs/wk

KELLY LANKFORD

CHAIRMAN

Board

$39K

7.1 hrs/wk

DANNY HELMS

DIRECTOR

Board

$38K

4.5 hrs/wk

SHAWN MARTINEZ

DIRECTOR

Board

$37K

10.4 hrs/wk

DAVID TIPTON

DIRECTOR

Board

$37K

5 hrs/wk

BEN FRANKLIN

DIRECTOR

Board

$37K

4.2 hrs/wk

VICK CHRISTIAN

DIRECTOR

Board

$36K

5.9 hrs/wk

WILLIAM WHITTEN

DIRECTOR

Board

$35K

4.1 hrs/wk

RYAN BARTLETT

DIRECTOR

Board

$35K

6.2 hrs/wk

JEFF COPELAND

DIRECTOR

Board

$34K

4.6 hrs/wk

GREG HENLEY

VICE CHAIRMAN

Board

$34K

3.8 hrs/wk

TIMOTHY J BURKHALTER

DIRECTOR

Board

$33K

5.9 hrs/wk

CECIL DAVIS

DIRECTOR

Board

$33K

4.1 hrs/wk

MARK HEGI

DIRECTOR

Board

$32K

4.5 hrs/wk

PAT JACKSON

DIRECTOR

Board

$31K

3.9 hrs/wk

BRENT LEE MCMILLIAN

DIRECTOR

Board

$30K

4.7 hrs/wk

RICHARD BLAKE MOORE

DIRECTOR

Board

$30K

4 hrs/wk

BENNY DEAN NIXON

DIRECTOR

Board

$27K

3.8 hrs/wk

KEVIN HUMPHREYS

DIRECTOR

Board

$27K

4.1 hrs/wk

SYNDA SMITH

DIRECTOR

Board

$26K

6.1 hrs/wk

RANDY MAHANNAH

DIRECTOR

Board

$25K

3.7 hrs/wk

MICHAEL SOUDER

DIRECTOR

Board

$25K

3.4 hrs/wk

DWAIN STRANGE

DIRECTOR

Board

$24K

3.9 hrs/wk

JOHN EICHELMANN

VP - MEMBER SVCS & POWER DELIVERY

Staff

$392K

45 hrs/wk

MATTHEW MOORE

VP - COMMERICAL & ASSETS OPERATIONS

Staff

$355K

40 hrs/wk

MICHAEL WISE

SENIOR VP - REG/MKT STRATEGY

Staff

$352K

45 hrs/wk

ROBERT MCMINN

DIRECTOR - POWER DELIVERY

Staff

$258K

40 hrs/wk

BRET YEARY

DIRECTOR - POWER SUPPLY

Staff

$253K

42 hrs/wk

DAVID MARSH

SENIOR PRODUCTION ASSET MANAGER

Staff

$230K

38 hrs/wk

CLIFTON USLETON

EXECUTIVE IT DIRECTOR

Staff

$229K

48 hrs/wk

Independent contractors

GE VERNOVA INTERNATIONAL LLC

CONSTRUCTION

$18.8M

ACES POWER MARKETING LLC

PURCHASE POWER SERVICES

$5.5M

THE INDUSTRIAL COMPANY

CONSTRUCTION

$3.4M

SIEMENS GAMESA RENEWABLE ENERGY INC

MAINTENANCE

$2.2M

TAW MIAMI SERVICE CENTER INC

MAINTENANCE

$1.8M

Details

EIN751941060
Subsection12
Ruling date1991-01
Formed1984
Employees104
Volunteers0
GOLDEN SPREAD ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo