Guadalupe Valley Electric Cooperative Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 743023938 ✦ Gonzales, TX ✦ Designated as a 501(c)(12)

Overview

What is Guadalupe Valley Electric Cooperative Inc?

Guadalupe Valley Electric Cooperative Inc, based in Gonzales, Texas, is a cooperative providing reliable electric and internet services to its members. With a team of dedicated professionals, they strive to exceed expectations by continually investing in innovative products and services. At the close of the year, they catered to 95,782 active services. Their cooperative model allows them to allocate patronage capital for the sale of electric power.


Official website here: www.gvec.org

Is Guadalupe Valley Electric Cooperative Inc legitimate?

Guadalupe Valley Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Guadalupe Valley Electric Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $3,675,427
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,101,958

For more financial information, click here


Official website here: www.gvec.org

What is the mission statement of Guadalupe Valley Electric Cooperative Inc?

Guadalupe Valley Electric Cooperative Inc is dedicated to supplying reliable electric and internet services to its community on a cooperative basis. The team behind this cooperative is composed of professionals who go above and beyond by investing in innovative products and services that empower the people they serve. Through this cooperative model, they sell electric power to their members. The electric division of the cooperative had 95,782 active services at the end of the year. By building on their heritage and having faith in the future, Guadalupe Valley Electric Cooperative aims to exceed expectations and make a positive impact on the lives of those they serve.


Official website here: www.gvec.org

Who is the CEO of Guadalupe Valley Electric Cooperative Inc?

Darren Schauer is the Chairman of Guadalupe Valley Electric Cooperative Inc. The CEO's salary of Guadalupe Valley Electric Cooperative Inc is $733,479 and their total compensation is $794,421.


Official website here: www.gvec.org

What is the revenue of Guadalupe Valley Electric Cooperative Inc?

Guadalupe Valley Electric Cooperative Inc's revenue in 2022 was $333,516,518.


Official website here: www.gvec.org

Who are the executives of Guadalupe Valley Electric Cooperative Inc and what are their salaries?

The average compensation at Guadalupe Valley Electric Cooperative Inc during 2022 was $52,725. There are 432 employees at Guadalupe Valley Electric Cooperative Inc.

Here are 25 key members and their salaries (Guadalupe Valley Electric Cooperative Inc's CEO's salary is $733,479 and their total compensation is $794,421):

    Darren Schauer (Gm/Ceo)
  • Compensation: $733,479
  • Related: $0
  • Other: $60,942

    • Sean Alvarez (Coo)
  • Compensation: $469,105
  • Related: $0
  • Other: $59,001

    • Gary Korn (Cfo)
  • Compensation: $319,404
  • Related: $0
  • Other: $52,516

    • Ashley Coburn (Cpo)
  • Compensation: $244,519
  • Related: $0
  • Other: $51,886

    • Ceason Barnick (Sr Exec Mgr - Customer Rel)
  • Compensation: $241,288
  • Related: $0
  • Other: $48,715

    • Graham Hauptman (Sr Exec Mgr - Marketing/Pr)
  • Compensation: $255,729
  • Related: $0
  • Other: $27,156

    • Robert Christmas (Sr Exec Mgr - Compliance)
  • Compensation: $233,115
  • Related: $0
  • Other: $46,283

    • Robert Russell (Exec Engineer - Communications)
  • Compensation: $243,430
  • Related: $0
  • Other: $35,095

    • Jeffrey Strahl (Exec Mgr - Information Tec)
  • Compensation: $226,678
  • Related: $0
  • Other: $51,116

    • William Nichols (Exec Mgr - Power Supply)
  • Compensation: $209,643
  • Related: $0
  • Other: $43,841

    • Zachary Taylor (Exec Mgr - Engineering)
  • Compensation: $200,013
  • Related: $0
  • Other: $44,608

    • Krista Davis (Sr Exec Mgr - Corp Srvc/Bus Plan)
  • Compensation: $187,638
  • Related: $0
  • Other: $48,166

    • Richard Mckinney (Exec Mgr - Operations)
  • Compensation: $187,197
  • Related: $0
  • Other: $40,865

    • Tammy Thompson (Sr Mkting/Comm Mgr)
  • Compensation: $164,776
  • Related: $0
  • Other: $44,379

    • Gary Birdwell (Chairman) [Trustee/Director]
  • Compensation: $51,542
  • Related: $0
  • Other: $0

    • Leo York (Director)
  • Compensation: $49,292
  • Related: $0
  • Other: $0

    • Henry Schmidt (Vice President) [Trustee/Director]
  • Compensation: $41,192
  • Related: $0
  • Other: $0

    • Lewis Borgfeld (Director)
  • Compensation: $38,483
  • Related: $0
  • Other: $0

    • Morris Harvey (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $35,792
  • Related: $0
  • Other: $0

    • Mark Roberts (Director)
  • Compensation: $30,486
  • Related: $0
  • Other: $0

    • Robert Werner (Director)
  • Compensation: $29,942
  • Related: $0
  • Other: $0

    • Melvin Strey (Director)
  • Compensation: $29,483
  • Related: $0
  • Other: $0

    • Don Williams (Director)
  • Compensation: $28,587
  • Related: $0
  • Other: $0

    • David Warzecha (Director)
  • Compensation: $26,783
  • Related: $0
  • Other: $0

    • Shawn Martinez (Director)
  • Compensation: $25,748
  • Related: $0
  • Other: $0


  • Official website here: www.gvec.org

    Where can I find the form 990 for Guadalupe Valley Electric Cooperative Inc?

    The Guadalupe Valley Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gvec.org

    Learn more at the official website: www.gvec.org

    Mission Statement of Guadalupe Valley Electric Cooperative Inc

    Guadalupe Valley Electric Cooperative Inc, a team of dedicated professionals, is on a mission to provide reliable electric and internet services to its members cooperatively. Building on its heritage, the cooperative aims to exceed expectations by investing in innovative products and services that empower the people and communities it serves.

    The electric division of Guadalupe Valley Electric Cooperative Inc is committed to selling electric power to its members on a cooperative basis. This means that the cooperative allocates patronage capital, enabling its members to benefit from the profits generated. At the end of the year, there were 95,782 active services under the cooperative's care. By prioritizing reliable electric and internet services, Guadalupe Valley Electric Cooperative Inc demonstrates its dedication to improving the lives of its members and fostering strong, connected communities.

    In summary, Guadalupe Valley Electric Cooperative Inc, a cooperative powered by a team of passionate professionals, is driven to provide its members with reliable electric and internet services. Through its commitment to identifying and investing in forward-thinking solutions, the cooperative empowers its members and strengthens the communities it serves.

    Impact

    This information is meant to be a general summary of Guadalupe Valley Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Guadalupe Valley Electric Cooperative Inc's impact lies in providing reliable electric and internet services on a cooperative basis. Their electric division facilitates the sale of electric power to members through the allocation of patronage capital. As of the last reporting period, there were 95,782 active services under their operation. Through their commitment to building on their heritage and having confidence in the future, Guadalupe Valley Electric Cooperative aims to exceed expectations by identifying and investing in products and services that empower the people and communities they serve.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $676,318
  • Program Service Revenue: $327,990,887
  • Gross Receipts: $333,516,518

    • Assets and Liabilities:
  • Total Assets: $960,046,886
  • Total Liabilities: $565,035,727
  • Net Assets: $395,011,159
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SALES OF ELECTRICITY

    Revenue

    $283,703,312

    SALES FROM INTERNET OPERATIONS

    Revenue

    $20,918,622

    TRANSMISSION ACCESS

    Revenue

    $15,560,899

    SERVICE FEES & OTHER CHARGES

    Revenue

    $2,671,477

    TRANSMISSION LEASE

    Revenue

    $2,650,377

    Organization Details

    Founding Year

    1938

    Principal Officer

    Darren Schauer

    Main Address

    PO BOX 118, GONZALES, TX, 78629

    NTEE Category

    Code: W80 - Public benefit

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