Overview
What is Grayson-Collin Electric Cooperative Inc?
Grayson-Collin Electric Cooperative Inc is a nonprofit organization situated in Van Alstyne, Texas. With a mission to provide quality and reliable electric service to its cooperative members, they allocate patronage capital to distribute electric energy on a cooperative basis. They ended the year with 75,221 active services. Their goal is to offer the best possible service at the most affordable cost. The cooperative currently employs 141 individuals.
Official website here: www.gcec.net
Is Grayson-Collin Electric Cooperative Inc legitimate?
Grayson-Collin Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Grayson-Collin 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: $2,838,057
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,783,539
For more financial information, click here
Official website here: www.gcec.net
What is the mission statement of Grayson-Collin Electric Cooperative Inc?
Grayson-Collin Electric Cooperative Inc is dedicated to delivering top-quality and dependable electric service to its cooperative members. Their mission is to offer the best possible service at the most affordable price. By providing electric energy on a cooperative basis, they allocate patronage capital for the benefit of their members. The cooperative served a total of 75,221 active services at the end of the year.
Official website here: www.gcec.net
Who is the CEO of Grayson-Collin Electric Cooperative Inc?
David Mcginnis is the General Manager/Ceo of Grayson-Collin Electric Cooperative Inc. The CEO's salary of Grayson-Collin Electric Cooperative Inc is $214,151 and their total compensation is $263,462.
Official website here: www.gcec.net
What is the revenue of Grayson-Collin Electric Cooperative Inc?
Grayson-Collin Electric Cooperative Inc's revenue in 2022 was $205,305,170.
Official website here: www.gcec.net
Who are the executives of Grayson-Collin Electric Cooperative Inc and what are their salaries?
The average compensation at Grayson-Collin Electric Cooperative Inc during 2022 was $68,238. There are 141 employees at Grayson-Collin Electric Cooperative Inc.
Here are 20 key members and their salaries (Grayson-Collin Electric Cooperative Inc's CEO's salary is $214,151 and their total compensation is $263,462):
- David Mcginnis (General Manager/Ceo)
- Kevin Stevens (Coo)
- Mike Rolandt (Cfo)
- Tracy Begley (Manager Of Inside Operatio)
- Chris Offill (Ceo Grayson-Collin Comm.)
- Paul Yates (Manager Of Underground Ope)
- Jeff Smith (Manager Of Information Tec)
- Jason Sprowl (Manager Of Operations/Loss)
- Eddy Reece (Manager Of Substations)
- Leslie Simco (Manager Of Operations)
- Michael Lauer (Manager Of Bus. Developmen)
- Marc Karo (Foreman)
- John Stracener (Staking Engineer)
- Marty Jones (Manager Of Operations)
- Shawn Wright (Line Superintendent)
- David Ellis (Director)
- Jim Copeland (Secretary/Treasurer) [Trustee/Director]
- Paul Kirkland (Vice President) [Trustee/Director]
- Dennis Ferguson (Director)
- Steve Robinson (President) [Trustee/Director]
Official website here: www.gcec.net
Where can I find the form 990 for Grayson-Collin Electric Cooperative Inc?
The Grayson-Collin Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.gcec.net
Learn more at the official website: www.gcec.net
Mission Statement of Grayson-Collin Electric Cooperative Inc
Grayson-Collin Electric Cooperative Inc, a prominent cooperative, is dedicated to delivering top-quality and dependable electric services to its membership base. The organization's primary mission is to provide the best possible service at the most affordable cost. Grayson-Collin Electric Cooperative Inc goes the extra mile in ensuring its members receive the finest electric energy experience.
The cooperative operates on a unique business model, where members pool their resources to allocate patronage capital. This cooperative approach allows for cost savings and efficient energy distribution. Grayson-Collin Electric Cooperative Inc's efforts culminated in 75,221 active services provided to its members at the end of the previous year. The cooperative's unwavering commitment to its members translated into 75,221 households and businesses that could count on reliable electric energy.
Grayson-Collin Electric Cooperative Inc's mission is not just about electricity; it is about creating a community where members can thrive. By providing quality electric service, the cooperative empowers its members to pursue their passions, power their homes, and grow their businesses. The cooperative's commitment to affordability ensures that everyone in the community has access to this essential resource, fostering a stronger, more connected community.
Impact
This information is meant to be a general summary of Grayson-Collin 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
Grayson-Collin Electric Cooperative Inc plays a vital role in providing quality and reliable electric service to its members. With its mission focused on delivering the very best service at the least cost possible, this cooperative impacts the communities it serves by ensuring access to essential electricity needs. With 75,221 active services at year-end, Grayson-Collin Electric Cooperative Inc contributes to the well-being and development of its members by facilitating their access to electricity in a cooperative and sustainable manner.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF ELECTRICITY
Revenue
$196,493,545
PATRONAGE DIVIDENDS
Revenue
$4,826,087
ELECTRICITY WHEELING
Revenue
$1,648,750
Organization Details
Founding Year
1937
Phone
(903) 482-7100
Principal Officer
David Mcginnis
Main Address
PO BOX 548, VAN ALSTYNE, TX, 754950548
Website
www.gcec.net
NTEE Category
Code: W80 - Public benefit
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