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Nonprofiteer
← COSERV CHARITABLE FOUNDATION

Form 990 for tax year 2024

Filed by COSERV CHARITABLE FOUNDATION.

Totals

Total revenue
$1,926,285
Total expenses
$2,041,750
Contributions and grants received
$1,920,215
Grants paid
$1,945,434
Program service revenue
$0
Investment income
$6,070
Other revenue
$0
Total assets, end of year
$186,577
Total liabilities, end of year
$4,049
Net assets or fund balances, end of year
$182,528
Program services expenses (Part IX)
$2,041,750
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$2,041,750

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • GREG WARD

    PRESIDENT

    Total calculated
    $491,840
    From this org
    $0
    From related orgs
    $370,125
    Other
    $121,715
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $328,290 related
    Bonus
    $0 + $26,103 related
    Other
    $0 + $15,732 related
    Deferred
    $0 + $71,619 related
    Nontaxable benefits
    $0 + $50,096 related
    Filer's total
    $0 + $491,840 related

  • JEFFREY MCNEAL

    VICE PRESIDENT

    Total calculated
    $480,132
    From this org
    $0
    From related orgs
    $369,318
    Other
    $110,814
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $328,398 related
    Bonus
    $0 + $26,250 related
    Other
    $0 + $14,670 related
    Deferred
    $0 + $61,179 related
    Nontaxable benefits
    $0 + $49,635 related
    Filer's total
    $0 + $480,132 related

  • BRENT BISHOP

    SECRETARY-TREASURER

    Total calculated
    $509,585
    From this org
    $0
    From related orgs
    $387,075
    Other
    $122,510
    Hours/week
    1 + 46 related

    Schedule J breakdown matched by us

    Base
    $0 + $344,746 related
    Bonus
    $0 + $26,597 related
    Other
    $0 + $15,732 related
    Deferred
    $0 + $75,210 related
    Nontaxable benefits
    $0 + $47,300 related
    Filer's total
    $0 + $509,585 related

  • DENISE SMITHERS

    DIRECTOR

    Total calculated
    $521,454
    From this org
    $0
    From related orgs
    $385,948
    Other
    $135,506
    Hours/week
    1 + 46 related

    Schedule J breakdown matched by us

    Base
    $0 + $340,093 related
    Bonus
    $0 + $26,868 related
    Other
    $0 + $18,987 related
    Deferred
    $0 + $93,969 related
    Nontaxable benefits
    $0 + $41,537 related
    Filer's total
    $0 + $521,454 related

  • DYAN JAMES

    DIRECTOR

    Total calculated
    $424,085
    From this org
    $0
    From related orgs
    $347,832
    Other
    $76,253
    Hours/week
    1 + 47 related

    Schedule J breakdown matched by us

    Base
    $0 + $309,534 related
    Bonus
    $0 + $24,536 related
    Other
    $0 + $13,762 related
    Deferred
    $0 + $38,461 related
    Nontaxable benefits
    $0 + $37,792 related
    Filer's total
    $0 + $424,085 related

  • PHILIP HASSEL

    DIRECTOR

    Total calculated
    $565,581
    From this org
    $0
    From related orgs
    $349,596
    Other
    $215,985
    Hours/week
    3 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $309,286 related
    Bonus
    $0 + $24,536 related
    Other
    $0 + $15,774 related
    Deferred
    $0 + $175,312 related
    Nontaxable benefits
    $0 + $40,673 related
    Filer's total
    $0 + $565,581 related

  • GARY FRANZEN

    DIRECTOR

    Total calculated
    $516,487
    From this org
    $0
    From related orgs
    $366,659
    Other
    $149,828
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $332,020 related
    Bonus
    $0 + $24,683 related
    Other
    $0 + $9,956 related
    Deferred
    $0 + $100,360 related
    Nontaxable benefits
    $0 + $49,468 related
    Filer's total
    $0 + $516,487 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

FORM 990, SCHEDULE J, PART II
ALL COMPENSATION REPORTED ON SCHEDULE J PART II IS RELATED TO THE DIRECTORS EMPLOYMENT WITH DENTON COUNTY ELECTRIC COOPERATIVE, INC. PER THE BY-LAWS NO DIRECTOR OR MEMBER OF ANY COMMMITTEE OF THE BOARD MAY BE PAID COMPENSATION FOR HIS/HER SERVICE AS A DIRECTOR OR COMMITTEE MEMBER OF THE FOUNDATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
6 November 2025
IRS schema version
2024v5.2
Source object
202513169349303116

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.