Overview
What is Greenbelt Electric Cooperative Inc?
Greenbelt Electric Cooperative Inc, located in Wellington, Texas (PO Box 948), is a dedicated nonprofit organization with a mission to provide electric power to rural areas at cost on a cooperative basis. At the end of the year, they served 5,597 members. The cooperative is committed to excellent customer service, ensuring top-quality electric service reliability, affordable rates, employee teamwork, and the highest degree of integrity. Greenbelt Electric Cooperative, with a team of 41 employees, aims to allocate patronage capital to provide electric power to its members cooperatively.
Official website here: www.greenbeltelectric.coop
Is Greenbelt Electric Cooperative Inc legitimate?
Greenbelt Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Greenbelt 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: $656,185
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,984,452
For more financial information, click here
Official website here: www.greenbeltelectric.coop
What is the mission statement of Greenbelt Electric Cooperative Inc?
Greenbelt Electric Cooperative Inc is committed to providing electric power to rural communities on a cooperative basis. The cooperative prioritizes excellent customer service, reflected in top-notch electric service reliability, affordable rates, and employee teamwork. Integrity is a guiding principle in all cooperative endeavors. Greenbert Electric Cooperative Inc allocates patronage capital to deliver electricity to its members and served a total of 5,597 services at the end of the year.
Official website here: www.greenbeltelectric.coop
Who is the CEO of Greenbelt Electric Cooperative Inc?
Randy White is the President (Jan-June) of Greenbelt Electric Cooperative Inc. The CEO's salary of Greenbelt Electric Cooperative Inc is $185,535 and their total compensation is $308,700.
Official website here: www.greenbeltelectric.coop
What is the revenue of Greenbelt Electric Cooperative Inc?
Greenbelt Electric Cooperative Inc's revenue in 2022 was $27,737,736.
Official website here: www.greenbeltelectric.coop
Who are the executives of Greenbelt Electric Cooperative Inc and what are their salaries?
The average compensation at Greenbelt Electric Cooperative Inc during 2022 was $64,406. There are 41 employees at Greenbelt Electric Cooperative Inc.
Here are 16 key members and their salaries (Greenbelt Electric Cooperative Inc's CEO's salary is $185,535 and their total compensation is $308,700):
- Randy White (General Manager/Ceo)
- Ricky Bond (Operations Manager)
- Debra Belew (Office Manager (Jan-Oct))
- Mark Lemons (Engineer)
- James Johnson (Area Serviceman)
- Carly Ward (Chief Financial Officer)
- Stan Mcclendon (General Manager (Jan))
- Michael Souder (President) [Trustee/Director]
- Jimmie Taylor (Director)
- Stan Shelton (Vice President) [Trustee/Director]
- Steve Mathews (Secretary/Treasurer) [Trustee/Director]
- Billy Conner (Director)
- Carson Bird (Director (Jan-Oct))
- James W Batton (President (Jan-June)) [Trustee/Director]
- Stephen Martin (Director (July-Dec))
- Brett Buckingham (Director (Dec))
Official website here: www.greenbeltelectric.coop
Where can I find the form 990 for Greenbelt Electric Cooperative Inc?
The Greenbelt Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.greenbeltelectric.coop
Learn more at the official website: www.greenbeltelectric.coop
Mission Statement of Greenbelt Electric Cooperative Inc
Greenbelt Electric Cooperative Inc, a cooperative dedicated to providing electric power, is committed to delivering excellent and innovative customer service. This is reflected in the top-quality electric service reliability, affordable rates, employee teamwork, and unwavering integrity that underpins all of its cooperative endeavors. Greenbelt Electric Cooperative Inc's primary goal is to provide electric power to its members on a cooperative basis. By allocating patronage capital, the cooperative ensures that those it serves have access to reliable and affordable electricity. At the end of the year, the cooperative had provided 5,597 electric services to its members.
Impact
This information is meant to be a general summary of Greenbelt 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
Greenbelt Electric Cooperative Inc's impact lies in providing essential electric power to rural areas on a cooperative basis. By serving 5,597 services in Wellington, TX, this organization plays a crucial role in ensuring these rural communities have access to reliable and affordable electricity. Ultimately, Greenbelt Electric Cooperative Inc contributes to the well-being and development of these areas by powering homes, businesses, and essential services, demonstrating a commitment to excellent customer service, teamwork, and integrity in all its endeavors.
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
$26,590,357
PATRONAGE DIVIDENDS
Revenue
$945,400
SERVICE FEES
Revenue
$78,193
Organization Details
Founding Year
1938
Phone
(806) 447-2536
Principal Officer
Randy White
Main Address
PO BOX 948, WELLINGTON, TX, 79095
Website
www.greenbeltelectric.coop
NTEE Category
Code: W80 - Public benefit
If you are a representative of Greenbelt Electric Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.