- Revenue 2023
- $389,082
- Expenses 2023
- $341,999
Program services were 98.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- L82
- Classification
- 1000
- Street
- 825 E SARAH DEWITT DR
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 · 2023
Mission
TO PROVIDE FUNDING ASSISTANCE TO LOCAL NON-PROFIT GROUPS AND CIVIC ORGANIZATIONS FOR COMMUNITY DEVELOPMENT AND IMPROVEMENT PROJECTS AND PROVIDE ASSISTANCE FOR LOW INCOME INDIVIDUALS WITHIN THE GUADALUPE VALLEY ELECTRIC COOPERATIVE SERVICE AREA.
-
TO PROVIDE ASSISTANCE TO NEEDY INDIVIDUALS WITH THEIR UTILITY BILLS AND THROUGH DONATIONS TO LOCAL NON-PROFIT GROUPS AND CIVIC ORGANIZATIONS. DURING 2023, 254 INDIVIDUALS AND 16 NOT FOR PROFIT ORGANIZATION OR GOVERNMENTAL ENTITIES RECEIVED ASSISTANCE FROM THE FOUNDATION.
Expenses $337,972 · Grants $337,972
As filed on the 2023 return.
Officers and directors · 2023
As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Sean AlvarezSEAN ALVAREZ
VICE PRESIDENT
- Total calculated
- $568,522
- From this org
- $0
- From related orgs
- $505,555
- Other
- $62,967
- Hours/week
- 1 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $390,750 related
- Bonus
- $0 + $84,325 related
- Other
- $0 + $30,480 related
- Deferred
- $0 + $33,000 related
- Nontaxable benefits
- $0 + $29,967 related
- Filer's total
- $0 + $568,522 related
-
Gary KornGARY KORN
PRESIDENT
- Total calculated
- $407,073
- From this org
- $0
- From related orgs
- $351,166
- Other
- $55,907
- Hours/week
- 1 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $290,168 related
- Bonus
- $0 + $42,504 related
- Other
- $0 + $18,494 related
- Deferred
- $0 + $33,000 related
- Nontaxable benefits
- $0 + $22,907 related
- Filer's total
- $0 + $407,073 related
-
Ceason BarnickCEASON BARNICK
SECRETARY/TREASURER
- Total calculated
- $298,854
- From this org
- $0
- From related orgs
- $245,796
- Other
- $53,058
- Hours/week
- 1 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $211,206 related
- Bonus
- $0 + $21,641 related
- Other
- $0 + $12,949 related
- Deferred
- $0 + $24,300 related
- Nontaxable benefits
- $0 + $28,758 related
- Filer's total
- $0 + $298,854 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. Earlier years are each on their own filing page.
Filings
-
2023
- Revenue
- $389,082
- Expenses
- $341,999
- Contributions
- $389,082
- Grants paid
- $337,972
-
2022
- Revenue
- $367,341
- Expenses
- $400,895
- Contributions
- $367,341
- Grants paid
- $397,387
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
- $368,730
- Expenses
- $355,294
- Assets (EOY)
- $170,391
-
2020 · 990
- Revenue
- $368,224
- Expenses
- $368,756
- Assets (EOY)
- $159,623
-
2019 · 990
- Revenue
- $361,987
- Expenses
- $378,800
- Assets (EOY)
- $163,633
-
2018 · 990
- Revenue
- $359,575
- Expenses
- $328,213
- Assets (EOY)
- $176,725
-
2017 · 990
- Revenue
- $379,207
- Expenses
- $414,535
- Assets (EOY)
- $144,220
-
2016 · 990
- Revenue
- $380,826
- Expenses
- $386,872
- Assets (EOY)
- $181,485
-
2015 · 990
- Revenue
- $358,028
- Expenses
- $351,304
- Assets (EOY)
- $186,685
-
2014 · 990
- Revenue
- $399,717
- Expenses
- $370,213
- Assets (EOY)
- $172,179
-
2013 · 990
- Revenue
- $357,830
- Expenses
- $391,983
- Assets (EOY)
- $143,675
-
2012 · 990
- Revenue
- not reported
- Expenses
- $355,052
- Assets (EOY)
- $323,873
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
-
$20,000
2023 FACILITY IMPROVEMENT
-
HALLETTSVILLE ISD
$20,000
2023 EXTERIOR LIGHTING PROJECT AT HISD
-
LA VERNIA HISTORIAL ASSOCIATION
$20,000
2023 OBELISK
-
2023 PICNIC AREA RENOVATION
-
2023 SHS OLD GYM WINDOW RESTORATION
-
$20,000
2023 RAISED BED GARDENS
-
EZZELL ISD
$20,000
2023 PLAYGROUND PROJECT
-
GONZALES COUNTY EMERGENCY MANAGEMENT
$20,000
2023 MOBILE GENERATOR
-
LAVACA MEDICAL CENTER
$20,000
2023 OUTDOOR FITNESS TRAIL IMPROVEMENT
-
$20,000
2023 COMMUNITY OUTREACH ENHANCEMENT
The 10 largest by cash amount. The API serves every itemized grant.
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 on its 2023 return
-
GUADALUPE VALLEY ELECTRIC COOPERATIVE INC
501(C)(12) · TO PROVIDE ELECTRIC SERVICE TO MEMBERS ON A COOPERATIVE BASIS · TX
Declared as related by
-
GUADALUPE VALLEY ELECTRIC COOPERATIVE INC
On its 2024 return as a controlled entity
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
Listed as of 13 October 2026, under deductibility PC.
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 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2023, the newest we have parsed for this organization.