1. Directory
  2. Texas
  3. Guadalupe Valley Electric Cooperative
EIN 74-3023938

Guadalupe Valley Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
432
City
Gonzales
State
Texas
Year formed
1938
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
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
The 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
Mid-South SynergyNavasota, TX$151,349,587
Brunswick Electric Membership CorporationShallotte, NC$218,662,307
Upper Cumberland Electric Membership Corporation (UCEMC)Carthage, TN$129,809,494
Southwest Louisiana Electric Membership CorporationLafayette, LA$313,037,185
Central Valley Electric CooperativeArtesia, NM$89,450,287
South Central Power CompanyLancaster, OH$369,451,843
Connexus EnergyRamsey, MN$266,851,245
Magic Valley Electric CooperativeMercedes, TX$320,139,415
Farmers Electric CooperativeGreenville, TX$223,821,354
Hilco Electric CooperativeItasca, TX$102,294,188
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
Free account sign-up

Want updates when Guadalupe Valley Electric Cooperative has new information, or want to find more organizations like Guadalupe Valley Electric Cooperative?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy