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GOLDEN SPREAD ELECTRIC COOPERATIVE INC

EIN 75-1941060 AMARILLO, TX

Browse the largest nonprofits in Texas

Revenue 2024
$545,165,927
Expenses 2024
$545,165,927

As filed

Subsection
12
Classification
4000
Street
905 S FILLMORE ST STE 300

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

TO DELIVER COST EFFECTIVE, COMPETITIVE AND RELIABLE POWER TO PROVIDE A SECURE ENERGY FUTURE FOR GENERATIONS TO COME BY CREATING OPPORTUNITIES, CULTIVATING COOPERATION AND NAVIGATING INDUSTRY RISK.

Activities or mission (Part I)

THE ORGANIZATION IS A CONSUMER-OWNED WHOLESALE ELECTRIC POWER SUPPLIER COOPERATIVE.

  • THE ORGANIZATION PROVIDES WHOLESALE ELECTRIC ENERGY UNDER LONG-TERM POWER PURCHASE AGREEMENTS WITH ITS 16 ELECTRIC DISTRIBUTION COOPERATIVE MEMBERS. WHOLESALE POWER IS PROVIDED ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Albert Daniel

    DIRECTOR

    Total calculated
    $49,098
    From this org
    $49,098
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.9 + 0.5 related
  • Andrew Keith Hicks

    DIRECTOR

    Total calculated
    $42,718
    From this org
    $42,718
    From related orgs
    $0
    Other
    $0
    Hours/week
    4 + 0.5 related
  • Ben Franklin

    DIRECTOR

    Total calculated
    $36,609
    From this org
    $36,609
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.2 + 0.5 related
  • Benny Dean Nixon

    DIRECTOR

    Total calculated
    $27,099
    From this org
    $27,099
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.8 + 0.5 related
  • Brent Lee McMillian

    DIRECTOR

    Total calculated
    $29,786
    From this org
    $29,786
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.7 + 0.5 related
  • Cecil Davis

    DIRECTOR

    Total calculated
    $32,645
    From this org
    $32,645
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.1 + 0.5 related
  • Dale Ancell

    DIRECTOR

    Total calculated
    $49,729
    From this org
    $49,729
    From related orgs
    $0
    Other
    $0
    Hours/week
    7.2 + 0.5 related
  • Danny Helms

    DIRECTOR

    Total calculated
    $53,402
    From this org
    $38,402
    From related orgs
    $0
    Other
    $15,000
    Hours/week
    4.5 + 0.5 related
  • David Sell

    DIRECTOR

    Total calculated
    $43,465
    From this org
    $43,465
    From related orgs
    $0
    Other
    $0
    Hours/week
    7.4 + 0.5 related
  • David Tipton

    DIRECTOR

    Total calculated
    $46,983
    From this org
    $36,983
    From related orgs
    $0
    Other
    $10,000
    Hours/week
    5 + 0.5 related
  • David McClain

    SECRETARY/TREASURER

    Total calculated
    $50,705
    From this org
    $41,705
    From related orgs
    $0
    Other
    $9,000
    Hours/week
    7.6 + 0.5 related
  • David Marricle

    DIRECTOR

    Total calculated
    $43,012
    From this org
    $43,012
    From related orgs
    $0
    Other
    $0
    Hours/week
    6.2 + 0.5 related
  • Dwain Strange

    DIRECTOR

    Total calculated
    $24,260
    From this org
    $24,260
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.9 + 0.5 related
  • Grace Subealdea

    DIRECTOR

    Total calculated
    $45,031
    From this org
    $45,031
    From related orgs
    $0
    Other
    $0
    Hours/week
    7.5 + 0.5 related
  • Greg Henley

    VICE CHAIRMAN

    Total calculated
    $33,960
    From this org
    $33,960
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.8 + 0.5 related
  • Jeff Copeland

    DIRECTOR

    Total calculated
    $34,222
    From this org
    $34,222
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.6 + 0.5 related
  • Kelly Lankford

    CHAIRMAN

    Total calculated
    $39,117
    From this org
    $39,117
    From related orgs
    $0
    Other
    $0
    Hours/week
    7.1 + 0.5 related
  • Kevin Humphreys

    DIRECTOR

    Total calculated
    $27,068
    From this org
    $27,068
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.1 + 0.5 related
  • Mark Hegi

    DIRECTOR

    Total calculated
    $31,526
    From this org
    $31,526
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.5 + 0.5 related
  • Michael Souder

    DIRECTOR

    Total calculated
    $24,936
    From this org
    $24,936
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.4 + 0.5 related
  • Pat Jackson

    DIRECTOR

    Total calculated
    $30,679
    From this org
    $30,679
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.9 + 0.5 related
  • Randy White

    DIRECTOR

    Total calculated
    $42,367
    From this org
    $42,367
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.6 + 0.5 related
  • Randy Mahannah

    DIRECTOR

    Total calculated
    $25,205
    From this org
    $25,205
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.7 + 0.5 related
  • Richard Blake Moore

    DIRECTOR

    Total calculated
    $29,556
    From this org
    $29,556
    From related orgs
    $0
    Other
    $0
    Hours/week
    4 + 0.5 related
  • Ryan Bartlett

    DIRECTOR

    Total calculated
    $34,918
    From this org
    $34,918
    From related orgs
    $0
    Other
    $0
    Hours/week
    6.2 + 0.5 related

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $545,165,927
    Expenses
    $545,165,927
    Contributions
    $0
    Grants paid
    $149,346
  • 2022
    Revenue
    $772,338,275
    Expenses
    $760,503,573
    Contributions
    $0
    Grants paid
    $253,778

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $703,244,105
    Expenses
    $720,095,326
    Assets (EOY)
    $1,251,228,427
  • 2020 · 990

    Revenue
    $445,564,974
    Expenses
    $447,291,036
    Assets (EOY)
    $1,169,444,657
  • 2018 · 990

    Revenue
    $342,796,786
    Expenses
    $299,662,664
    Assets (EOY)
    $1,105,215,137
  • 2017 · 990

    Revenue
    $290,536,846
    Expenses
    $272,965,360
    Assets (EOY)
    $1,099,366,909
  • 2016 · 990

    Revenue
    $258,795,626
    Expenses
    $248,746,193
    Assets (EOY)
    $1,131,441,029
  • 2015 · 990

    Revenue
    $229,950,266
    Expenses
    $201,626,611
    Assets (EOY)
    $1,169,224,046
  • 2014 · 990

    Revenue
    $292,664,414
    Expenses
    $260,719,013
    Assets (EOY)
    $1,080,302,662
  • 2013 · 990

    Revenue
    $257,984,949
    Expenses
    $221,700,415
    Assets (EOY)
    $1,036,948,474
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $163,438,424
    Assets (EOY)
    $939,001,919
  • 2011 · 990

    Revenue
    not reported
    Expenses
    $122,795,393
    Assets (EOY)
    $935,879,710

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Disregarded entities on its 2024 return

  • GSEC PROPERTIES LLC

    OFFICE BUILDING RENTAL · TX · income $827,268 · assets $12,159,743

  • GOLDEN SPREAD PANHANDLE WIND RANCH LLC

    WIND ENERGY PRODUCTION · TX · income $635,751 · assets $89,253,242

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.