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GREENBELT ELECTRIC COOPERATIVE INC

EIN 75-0304276 WELLINGTON, TX

Largest nonprofits in Texas

Revenue 2025
$22,960,543
Expenses 2025
$22,871,956

As filed

Subsection
12
Classification
1000
Street
PO BOX 948

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 · 2025

Mission

THE COOPERATIVE'S RESPONSIBILITY AND AIM IS TO PROVIDE EXCELLENT AND INNOVATIVE CUSTOMER SERVICE AS REFLECTED IN TOP QUALITY ELECTRIC SERVICE RELIABILITY, AFFORDABLE RATES, EMPLOYEE TEAMWORK AND THE HIGHEST DEGREE OF INTEGRITY IN ALL COOPERATIVE ENDEAVORS.

Activities or mission (Part I)

TO PROVIDE ELECTRIC POWER TO RURAL AREAS AT COST ON A COOPERATIVE BASIS.

  • PROVIDING ELECTRIC POWER TO OUR MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 5,676 SERVICES AT YEAR END.

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Michael Souder

    PRESIDENT

    Total calculated
    $37,370
    From this org
    $37,370
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.5 + 1 related
  • Stan Shelton

    VICE PRESIDENT

    Total calculated
    $35,620
    From this org
    $35,620
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Stephen Mathews

    SECRETARY/TREASURER

    Total calculated
    $35,420
    From this org
    $35,420
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.8
  • Jimmie Taylor

    DIRECTOR

    Total calculated
    $35,611
    From this org
    $35,611
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Billy Conner

    DIRECTOR

    Total calculated
    $35,611
    From this org
    $35,611
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.3 + 1 related
  • Stephen Martin

    DIRECTOR

    Total calculated
    $35,970
    From this org
    $35,970
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Brett Buckingham

    DIRECTOR

    Total calculated
    $35,970
    From this org
    $35,970
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Randy White

    CEO/GENERAL MANAGER/EXEC.

    Total calculated
    $360,372
    From this org
    $185,727
    From related orgs
    $0
    Other
    $174,645
    Hours/week
    55 + 1 related

    Schedule J breakdown matched by us

    Base
    $172,501
    Bonus
    $6,646
    Other
    $6,580
    Deferred
    $146,421
    Nontaxable benefits
    $28,224
    Filer's total
    $360,372
  • Carly Ward

    CHIEF FINANCIAL OFFICER

    Total calculated
    $154,512
    From this org
    $125,782
    From related orgs
    $0
    Other
    $28,730
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $107,789
    Bonus
    $6,077
    Other
    $11,916
    Deferred
    $14,378
    Nontaxable benefits
    $14,352
    Filer's total
    $154,512
  • Ricky Bond

    OPERATIONS MANAGER (JAN)

    Total calculated
    $218,590
    From this org
    $168,840
    From related orgs
    $0
    Other
    $49,750
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $10,654
    Bonus
    $157,031
    Other
    $1,155
    Deferred
    $48,480
    Nontaxable benefits
    $1,270
    Filer's total
    $218,590
  • Mark Lemons

    ELECTRIC ENGINEER

    Total calculated
    $179,912
    From this org
    $135,871
    From related orgs
    $0
    Other
    $44,041
    Hours/week
    60 + 1 related

    Schedule J breakdown matched by us

    Base
    $114,041
    Bonus
    $8,394
    Other
    $13,436
    Deferred
    $29,584
    Nontaxable benefits
    $14,457
    Filer's total
    $179,912
  • James D Johnson

    AREA SERVICEMAN

    Total calculated
    $167,888
    From this org
    $123,838
    From related orgs
    $0
    Other
    $44,050
    Hours/week
    47

    Schedule J breakdown matched by us

    Base
    $109,660
    Bonus
    $1,837
    Other
    $12,341
    Deferred
    $30,041
    Nontaxable benefits
    $14,009
    Filer's total
    $167,888
  • Monte McAnear

    AREA SERVICEMAN

    Total calculated
    $152,046
    From this org
    $115,193
    From related orgs
    $0
    Other
    $36,853
    Hours/week
    44

    Schedule J breakdown matched by us

    Base
    $100,883
    Bonus
    $2,261
    Other
    $12,049
    Deferred
    $22,844
    Nontaxable benefits
    $14,009
    Filer's total
    $152,046
  • Dwaine Neeley

    LINE SUPERINTENDENT

    Total calculated
    $154,590
    From this org
    $109,995
    From related orgs
    $0
    Other
    $44,595
    Hours/week
    42

    Schedule J breakdown matched by us

    Base
    $96,117
    Bonus
    $0
    Other
    $13,878
    Deferred
    $30,586
    Nontaxable benefits
    $14,009
    Filer's total
    $154,590
  • Ricardo Orozco

    CREW FOREMAN

    Total calculated
    $168,489
    From this org
    $109,885
    From related orgs
    $0
    Other
    $58,604
    Hours/week
    44

    Schedule J breakdown matched by us

    Base
    $97,836
    Bonus
    $0
    Other
    $12,049
    Deferred
    $44,595
    Nontaxable benefits
    $14,009
    Filer's total
    $168,489

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

  • 2025
    Revenue
    $22,960,543
    Expenses
    $22,871,956
    Contributions
    $0
    Grants paid
    $24,524
  • 2024
    Revenue
    $21,477,476
    Expenses
    $21,499,065
    Contributions
    $0
    Grants paid
    $46,979
  • 2023
    Revenue
    $25,872,801
    Expenses
    $25,846,706
    Contributions
    $0
    Grants paid
    $29,391
  • 2022
    Revenue
    $27,737,736
    Expenses
    $27,749,657
    Contributions
    $0
    Grants paid
    $27,807

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
    $23,569,133
    Expenses
    $23,546,571
    Assets (EOY)
    $62,079,454
  • 2020 · 990

    Revenue
    $23,613,102
    Expenses
    $23,607,232
    Assets (EOY)
    $60,359,053
  • 2019 · 990

    Revenue
    $22,810,312
    Expenses
    $22,874,409
    Assets (EOY)
    $56,679,433
  • 2018 · 990

    Revenue
    $23,720,842
    Expenses
    $23,861,633
    Assets (EOY)
    $52,954,132
  • 2017 · 990

    Revenue
    $24,034,164
    Expenses
    $23,794,969
    Assets (EOY)
    $51,536,764
  • 2016 · 990

    Revenue
    $24,615,087
    Expenses
    $24,392,220
    Assets (EOY)
    $48,718,576
  • 2015 · 990

    Revenue
    $28,183,462
    Expenses
    $27,861,255
    Assets (EOY)
    $46,993,730
  • 2014 · 990

    Revenue
    $29,104,955
    Expenses
    $28,912,387
    Assets (EOY)
    $43,553,720
  • 2013 · 990

    Revenue
    $23,919,232
    Expenses
    $23,762,857
    Assets (EOY)
    $39,632,736
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $16,110,667
    Assets (EOY)
    $36,321,311

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.

Related corporations and trusts on its 2025 return

  • G & L UTILITY SERVICES INC

    C · NATURAL GAS DISTRIBUTION · TX · 100% owned · 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

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 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.