NonprofitsGreenbelt Electric Cooperative Inc

Greenbelt Electric Cooperative Inc

WELLINGTON, TX

Total revenue

$21.5M

Total expenses

$21.5M

Net assets

$34.1M

Grants received

EIN

750304276

Tax year

2024

Mission

To provide electric power to rural areas at cost on a cooperative basis.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$21.2M
Investment income$210K
Other revenue$49K
Total revenue$21.5M

Expenses

Grants paid$47K
Salaries & benefits$3.7M
Fundraising
Other expenses$16.1M
Total expenses$21.5M
Total assets$70.1M
Net assets$34.1M

People

14 listed

NameRoleCompensation

RANDY WHITE

CEO/GENERAL MANAGER/EXEC. VP

Board

$185K

55 hrs/wk

CARLY WARD

CHIEF FINANCIAL OFFICER

Board

$126K

40 hrs/wk

JIMMIE TAYLOR

DIRECTOR

Board

$36K

1.5 hrs/wk

MICHAEL SOUDER

PRESIDENT

Board

$35K

1.8 hrs/wk

BRETT BUCKINGHAM

DIRECTOR

Board

$33K

1.5 hrs/wk

STEPHEN MATHEWS

SECRETARY/TREASURER

Board

$33K

2.5 hrs/wk

STAN SHELTON

VICE PRESIDENT

Board

$33K

1.5 hrs/wk

BILLY CONNER

DIRECTOR

Board

$33K

1 hrs/wk

STEPHEN MARTIN

DIRECTOR

Board

$3K

2.5 hrs/wk

RICKY BOND

OPERATIONS MANAGER

Staff

$142K

40 hrs/wk

MARK LEMONS

ELECTRIC ENGINEER

Staff

$136K

55 hrs/wk

JAMES D JOHNSON

AREA SERVICEMAN

Staff

$121K

46 hrs/wk

KEVIN MCANEAR

AREA SERVICEMAN

Staff

$114K

44 hrs/wk

RICARDO OROZCO

CREW FOREMAN

Staff

$111K

43 hrs/wk

Details

EIN750304276
Subsection12
Ruling date1939-12
Formed1938
Employees40
Volunteers0
GREENBELT ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo