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GOLDEN SPREAD ELECTRIC COOPERATIVE INC

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Public IRS 990 nonprofit record

GOLDEN SPREAD ELECTRIC COOPERATIVE INC

EIN 75-1941060 · Telecommunications (W50)

What they do

to DELIVER COST EFFECTIVE, COMPETITIVE and RELIABLE POWER to PROVIDE A SECURE ENERGY FUTURE for GENERATIONS to COME BY CREATING OPPORTUNITIES, CULTIVATING COOPERATION and NAVIGATING INDUSTRY RISK.

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 leaders42 people are listed in the latest report.

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

Money made simple

$100.00spent for every $100 of revenueRevenue covered expenses this year.
$2.51in 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.

Pay context: The highest compensation shown in this filing is $1,358,943 for KARI HOLLANDSWORTH (PRESIDENT & CHIEF EXECUTIVE OFFICER). 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$545,165,927
Expenses$545,165,927
See all reported dollar amounts
Revenue$545,165,927
Expenses$545,165,927
Assets$1,366,174,653
Income$546,142,520
Grants given$597,112
Average grant$31,427
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
KARI HOLLANDSWORTHPRESIDENT & CHIEF EXECUTIVE OFFICER · 45 hrs/week $1,358,943Base $906,358 · Other $452,585
JAMES GUYGEN COUNSEL & CHIEF LEGAL/COMPLIANCE OFFICER · 50 hrs/week $522,139Base $399,068 · Other $123,071
JOHN EICHELMANNVP - MEMBER SVCS & POWER DELIVERY · 45 hrs/week $514,573Base $392,340 · Other $122,233
MATTHEW MOOREVP - COMMERICAL & ASSETS OPERATIONS · 40 hrs/week $508,689Base $355,242 · Other $153,447
ROBERT M LOWECHIEF FINANCIAL OFFICER & ASST TREASURER · 40 hrs/week $508,667Base $391,258 · Other $117,409
MICHAEL WISESENIOR VP - REG/MKT STRATEGY · 45 hrs/week $500,257Base $352,418 · Other $147,839
ROBERT MCMINNDIRECTOR - POWER DELIVERY · 40 hrs/week $395,134Base $257,878 · Other $137,256
BRET YEARYDIRECTOR - POWER SUPPLY · 42 hrs/week $392,901Base $252,828 · Other $140,073
DAVID MARSHSENIOR PRODUCTION ASSET MANAGER · 38 hrs/week $316,149Base $230,467 · Other $85,682
CLIFTON USLETONEXECUTIVE IT DIRECTOR · 48 hrs/week $311,807Base $228,579 · Other $83,228
DANNY HELMSDIRECTOR · 4 hrs/week $53,402Base $38,402 · Other $15,000
SHAD MCDANIELDIRECTOR · 8 hrs/week $52,435

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 (42)

KARI HOLLANDSWORTHPRESIDENT & CHIEF EXECUTIVE OFFICER

JAMES GUYGEN COUNSEL & CHIEF LEGAL/COMPLIANCE OFFICER

JOHN EICHELMANNVP - MEMBER SVCS & POWER DELIVERY

MATTHEW MOOREVP - COMMERICAL & ASSETS OPERATIONS

ROBERT M LOWECHIEF FINANCIAL OFFICER & ASST TREASURER

MICHAEL WISESENIOR VP - REG/MKT STRATEGY

ROBERT MCMINNDIRECTOR - POWER DELIVERY

BRET YEARYDIRECTOR - POWER SUPPLY

DAVID MARSHSENIOR PRODUCTION ASSET MANAGER

CLIFTON USLETONEXECUTIVE IT DIRECTOR

DANNY HELMSDIRECTOR

SHAD MCDANIELDIRECTOR

DAVID MCCLAINSECRETARY/TREASURER

DALE ANCELLDIRECTOR

ALBERT DANIELDIRECTOR

DAVID TIPTONDIRECTOR

GRACE SUBEALDEADIRECTOR

DAVID SELLDIRECTOR

DAVID MARRICLEDIRECTOR

ANDREW KEITH HICKSDIRECTOR

RANDY WHITEDIRECTOR

ZAC PERKINSDIRECTOR

KELLY LANKFORDCHAIRMAN

SHAWN MARTINEZDIRECTOR

BEN FRANKLINDIRECTOR

VICK CHRISTIANDIRECTOR

WILLIAM WHITTENDIRECTOR

RYAN BARTLETTDIRECTOR

JEFF COPELANDDIRECTOR

GREG HENLEYVICE CHAIRMAN

TIMOTHY J BURKHALTERDIRECTOR

CECIL DAVISDIRECTOR

MARK HEGIDIRECTOR

PAT JACKSONDIRECTOR

BRENT LEE MCMILLIANDIRECTOR

RICHARD BLAKE MOOREDIRECTOR

BENNY DEAN NIXONDIRECTOR

KEVIN HUMPHREYSDIRECTOR

SYNDA SMITHDIRECTOR

RANDY MAHANNAHDIRECTOR

MICHAEL SOUDERDIRECTOR

DWAIN STRANGEDIRECTOR

About this charity

Recognized since
January 1991
Location
905 S FILLMORE ST STE 300, AMARILLO, TX 79101-3541
County
Potter
In care of
ROBERT M LOWE
Primary officer
ROBERT M LOWE, CFO & ASSISTANT TREASURER

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 AND MOSS LLP
NTEE classification
Telecommunications (W50)
IRS tax category
Telecommunications
Grant-giving organization
Yes

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

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