EIN 74-3023938

Guadalupe Valley Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
432
City
Gonzales
State
Year formed
1938
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Building on our heritage & having confidence in the future, Guadalupe Valley Electric Cooperative is a team of professionals committed to exceeding our members' expectations by identifying & investing in products & services that fulfill the needs of those we serve. To provide quality and reliable Electric service to members at cost on a Cooperative basis. To provide reliable Electric & internet service on a Cooperative basis.
Total revenues
$333,516,518
2022
Total expenses
$329,697,006
2022
Total assets
$960,046,886
2022
Num. employees
432
2022

Program areas at Guadalupe Valley Electric Cooperative

Electric division:sale of Electric power to members on a Cooperative basis through the allocation of patronage capital. There were 95,782 active services at year end.
Internet/broadband service division:providing fiber internet services to its members through a combination of wireless and fiber-to-the-home technologies. Services of this division will be provided to members on a patronage basis through the allocation of patronage capital to the extent of margins for such division. Fiber and wireless internet is also provided to non-members on a non-patronage basis.

Grants made by Guadalupe Valley Electric Cooperative

GranteeGrant descriptionAmount
TSTC FoundationContribution for Development of Trade Skills$100,000
Gonzales Healthcare Systems Foundation2022 Contribution$6,000

Personnel at Guadalupe Valley Electric Cooperative

NameTitleCompensation
Darren SchauerChief Executive Officer$733,479
Sean AlvarezChief Operating Officer / Executive Manager$469,105
Gary KornChief Financial Officer / Controller$319,404
Ashley CoburnChief Product Officer / Senior Executive Manager / Executive Manager of Empolyee Development and Human Resources$244,519
Ceason BarnickSenior Executive Manager - Customer Relations$241,288
...and 11 more key personnel

Financials for Guadalupe Valley Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$327,990,887
Investment income and dividends$654,716
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$21,602
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$4,849,313
Total revenues$333,516,518

Form 990s for Guadalupe Valley Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-10990View PDF
2018-122020-01-15990View PDF
2017-122019-02-21990View PDF
...and 8 more Form 990s

Organizations like Guadalupe Valley Electric Cooperative

OrganizationLocationRevenue
Rappahannock Electric CooperativeFredericksburg, VA$493,777,612
Volunteer Energy CooperativeDecatur, TN$298,075,624
Southern Maryland Electric CooperativeHughesville, MD$558,196,918
Gibson Electric MembershipTrenton, TN$121,430,242
United Cooperative ServicesBurleson, TX$365,623,485
Nueces Electric CooperativeRobstown, TX$110,016,479
Ckenergy Electric CooperativeBinger, OK$96,879,490
New Hampshire Electric Cooperative (NHEC)Plymouth, NH$186,063,964
Dixie Electric Membership CorporationBaton Rouge, LA$316,976,547
Connexus EnergyRamsey, MN$266,851,245
Data update history
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 9, 2024
Updated personnel
Identified 4 new personnel
December 27, 2023
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 4, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
PO Box 118
Gonzales, TX 78629
County
Gonzales County, TX
Website URL
gvec.org/ 
Phone
(830) 857-1200
IRS details
EIN
74-3023938
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1938
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Central organization
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