Skip to content
Nonprofiteer
← GARLAND LIGHT & POWER COMPANY

Form 990 for tax year 2025

Filed by GARLAND LIGHT & POWER COMPANY.

Totals

Total revenue
$5,727,465
Total expenses
$5,165,441
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$5,604,031
Investment income
$29,680
Other revenue
$93,754
Total assets, end of year
$14,661,796
Total liabilities, end of year
$7,406,588
Net assets or fund balances, end of year
$7,255,208
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: UTILITIES REVENUES FRO

    total $5,604,031 · related or exempt $5,604,031

  • 3 · Investment income

    total $29,680 · excluded $29,680

  • 6a · Gross rents

    personal property $8,685

  • 6b · Less rental expenses

    personal property $0

  • 6c · Rental income or loss

    personal property $8,685

  • 6d · Net rental income or loss

    total $8,685 · excluded $8,685

  • 11a · Other revenue: PATRONAGE CAPITAL

    total $83,228 · related or exempt $83,228

  • 11b · Other revenue: MERCHANDISING

    total $1,841 · related or exempt $1,841

  • 11e · Other revenue, total

    $85,069

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $208,092

  • 5 · Compensation of officers, directors and key employees

    total $308,963

  • 7 · Other salaries and wages

    total $94,853

  • 9 · Other employee benefits

    total $2,501

  • 11b · Fees: legal

    total $9,328

  • 11c · Fees: accounting

    total $21,600

  • 11d · Fees: lobbying

    total $390

  • 11g · Fees: other

    total $15,231

  • 13 · Office expenses

    total $38,629

  • 14 · Information technology

    total $60,505

  • 19 · Conferences, conventions and meetings

    total $2,889

  • 20 · Interest

    total $242,349

  • 22 · Depreciation, depletion and amortization

    total $394,249

  • 24a · Other expenses: PURCHASED POWER

    total $2,854,651

  • 24b · Other expenses: DISTRIBUTION OPERATIONS

    total $561,672

  • 24c · Other expenses: DISTRIBUTION MAINTENANC

    total $172,300

  • 24d · Other expenses: CONSUMER ACCOUNTS EXPEN

    total $40,142

  • 24e · All other expenses

    total $137,097

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $164,468 · end of year $161,968

  • 2 · Savings and temporary cash investments

    beginning of year $735,584 · end of year $1,102,501

  • 4 · Accounts receivable

    beginning of year $415,862 · end of year $432,451

  • 8 · Inventories for sale or use

    beginning of year $767,716 · end of year $656,151

  • 9 · Prepaid expenses and deferred charges

    beginning of year $15,321 · end of year $29,710

  • 10a · Land, buildings and equipment: cost or other basis

    $13,047,757

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,973,373

  • 10c · Land, buildings and equipment, net

    beginning of year $8,978,429 · end of year $9,074,384

  • 13 · Investments: program-related

    beginning of year $2,605,874 · end of year $3,042,549

  • 15 · Other assets

    beginning of year $112,371 · end of year $162,082

  • 17 · Accounts payable and accrued expenses

    beginning of year $196,937 · end of year $766

  • 19 · Deferred revenue

    beginning of year $350,000 · end of year $350,000

  • 23 · Secured mortgages and notes payable

    beginning of year $5,766,475 · end of year $5,908,834

  • 25 · Other liabilities

    beginning of year $789,029 · end of year $1,146,988

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $47,931 · end of year $47,931

  • 31 · Retained earnings, endowment or other funds

    beginning of year $6,645,253 · end of year $7,207,277

Mission and programs · 2025

Mission

RURAL ELECTRIC COOPERATIVE ESTABLISHED TO PROVIDE ELECTRICAL POWER AND SERVICES TO ITS MEMBERS LOCATED IN THE NORTH CENTRAL PORTION OF WYOMING.

Activities or mission (Part I)

RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICITY AND SERVICES TO ITS MEMBERS LOCATED IN RURAL WYOMING.

  • RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL POWER AND UTILITIES SERVICES TO APPROXIMATELY 2,360 METERS.

As filed on the 2025 return.

Listed in Part VII

  • Spencer George

    VICE PRESIDENT

    Total calculated
    $2,800
    From this org
    $2,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.31

  • Jerry Thompson

    DIRECTOR

    Total calculated
    $3,199
    From this org
    $3,199
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.75

  • Peggy A Ruble

    PRESIDENT

    Total calculated
    $3,600
    From this org
    $3,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    6.72

  • Ryan Gorsuch

    DIRECTOR (PART YEAR)

    Total calculated
    $600
    From this org
    $600
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.5

  • Scott Smith

    SECRETARY-TREASURER

    Total calculated
    $4,799
    From this org
    $4,799
    From related orgs
    $0
    Other
    $0
    Hours/week
    5.12

  • Scott Williams

    DIRECTOR

    Total calculated
    $2,200
    From this org
    $2,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.72

  • Molly K Lynn

    GENERAL MANAGER

    Total calculated
    $192,567
    From this org
    $127,540
    From related orgs
    $0
    Other
    $65,027
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $127,540
    Bonus
    $0
    Other
    $0
    Deferred
    $38,244
    Nontaxable benefits
    $26,783
    Filer's total
    $192,567

  • Christina Harrison

    FISCAL MANAGER (PART YEAR)

    Total calculated
    $19,328
    From this org
    $19,328
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Heather Lawrence

    FISCAL MANAGER (PART YEAR)

    Total calculated
    $99,198
    From this org
    $58,159
    From related orgs
    $0
    Other
    $41,039
    Hours/week
    40

  • Stephen Reimer

    SUPERINTENDENT

    Total calculated
    $206,944
    From this org
    $142,624
    From related orgs
    $0
    Other
    $64,320
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,624
    Bonus
    $0
    Other
    $0
    Deferred
    $36,842
    Nontaxable benefits
    $27,478
    Filer's total
    $206,944

  • Todd Lawson

    LINEMAN

    Total calculated
    $165,019
    From this org
    $108,167
    From related orgs
    $0
    Other
    $56,852
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $108,167
    Bonus
    $0
    Other
    $0
    Deferred
    $29,535
    Nontaxable benefits
    $27,317
    Filer's total
    $165,019

  • Joshua Serr

    LINEMAN

    Total calculated
    $170,356
    From this org
    $113,372
    From related orgs
    $0
    Other
    $56,984
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $113,372
    Bonus
    $0
    Other
    $0
    Deferred
    $29,642
    Nontaxable benefits
    $27,342
    Filer's total
    $170,356

  • Jason Fields

    LINEMAN

    Total calculated
    $162,626
    From this org
    $109,619
    From related orgs
    $0
    Other
    $53,007
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $109,619
    Bonus
    $0
    Other
    $0
    Deferred
    $25,749
    Nontaxable benefits
    $27,258
    Filer's total
    $162,626

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

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
27 May 2026
IRS schema version
2025v4.1
Source object
202601529349301055

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.