Powered by CharityEZ

Charity report ready

GREENBELT ELECTRIC COOPERATIVE INC

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

GREENBELT ELECTRIC COOPERATIVE INC

EIN 75-0304276 · Agricultural Programs (K20)

What they do

THE COOPERATIVES RESPONSIBILITY and AIM is to PROVIDE EXCELLENT and INNOVATIVE CUSTOMER SERVICE AS REFLECTED IN TOP QUALITY ELECTRIC SERVICE RELIABILITY, AFFORDABLE RATES, EMPLOYEE TEAMWORK and THE HIGHEST DEGREE of INTEGRITY IN ALL COOPERATIVE ENDEAVORS.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders14 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$100.10spent for every $100 of revenueSpending was higher than revenue this year.
$3.26in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $21,589 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $343,320 for RANDY WHITE (CEO/GENERAL MANAGER/EXEC. VP). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$21,477,476
Expenses$21,499,065
Annual shortfall $21,589 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$21,477,476
Expenses$21,499,065
Assets$70,140,663
Income$21,481,827
Grants given$10,000
Average grant$10,000
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
RANDY WHITECEO/GENERAL MANAGER/EXEC. VP · 55 hrs/week $343,320Base $185,049 · Other $158,271
RICKY BONDOPERATIONS MANAGER · 40 hrs/week $206,497Base $142,473 · Other $64,024
MARK LEMONSELECTRIC ENGINEER · 55 hrs/week $174,144Base $135,542 · Other $38,602
RICARDO OROZCOCREW FOREMAN · 43 hrs/week $161,211Base $111,173 · Other $50,038
JAMES D JOHNSONAREA SERVICEMAN · 46 hrs/week $159,651Base $121,474 · Other $38,177
CARLY WARDCHIEF FINANCIAL OFFICER · 40 hrs/week $151,036Base $125,790 · Other $25,246
KEVIN MCANEARAREA SERVICEMAN · 44 hrs/week $148,389Base $113,700 · Other $34,689
JIMMIE TAYLORDIRECTOR · 2 hrs/week $36,049
MICHAEL SOUDERPRESIDENT · 2 hrs/week $34,508
BRETT BUCKINGHAMDIRECTOR · 2 hrs/week $32,758
STAN SHELTONVICE PRESIDENT · 2 hrs/week $32,758
STEPHEN MATHEWSSECRETARY/TREASURER · 2 hrs/week $32,758

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (14)

RANDY WHITECEO/GENERAL MANAGER/EXEC. VP

RICKY BONDOPERATIONS MANAGER

MARK LEMONSELECTRIC ENGINEER

RICARDO OROZCOCREW FOREMAN

JAMES D JOHNSONAREA SERVICEMAN

CARLY WARDCHIEF FINANCIAL OFFICER

KEVIN MCANEARAREA SERVICEMAN

JIMMIE TAYLORDIRECTOR

MICHAEL SOUDERPRESIDENT

BRETT BUCKINGHAMDIRECTOR

STAN SHELTONVICE PRESIDENT

STEPHEN MATHEWSSECRETARY/TREASURER

BILLY CONNERDIRECTOR

STEPHEN MARTINDIRECTOR

About this charity

Recognized since
January 1939
Location
PO BOX 948, WELLINGTON, TX 79095-0948
County
Collingsworth
In care of
RANDY WHITE
Primary officer
RANDY WHITE, CEO/GENERAL MANAGER/EXEC. VP

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
BOLINGER SEGARS GILBERT & MOSS LLP
NTEE classification
Agricultural Programs (K20)
IRS tax category
Agricultural Programs
Grant-giving organization
Yes

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free