- Revenue 2024
- $420,877,567
- Expenses 2024
- $420,877,567
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 12
- Classification
- 4000
- Street
- PO BOX 260
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).
Other organizations at this address
1 other organization in the IRS Business Master File lists the same street address. matched by us
We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.
-
WALTON ELECTRIC TRUST INC
EIN 58-2351746
Mission and programs · 2024
Mission
TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM'S AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.
-
N/A
Expenses $420,877,567
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.
-
Michael Q LowderMICHAEL Q LOWDER
CHAIRMAN
- Total calculated
- $34,440
- From this org
- $34,440
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Jason SidwellJASON SIDWELL
VICE CHAIRMA
- Total calculated
- $30,887
- From this org
- $30,887
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Billy Ray AllenBILLY RAY ALLEN
SEC-TREASURE
- Total calculated
- $31,855
- From this org
- $31,855
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Dawn TaylorDAWN TAYLOR
DIRECTOR
- Total calculated
- $30,175
- From this org
- $30,175
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Daniel J ChelkoDANIEL J CHELKO
DIRECTOR
- Total calculated
- $30,755
- From this org
- $30,755
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Sammy SimontonSAMMY SIMONTON
DIRECTOR
- Total calculated
- $31,105
- From this org
- $31,105
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Thomas H Adcock JrTHOMAS H ADCOCK JR
DIRECTOR
- Total calculated
- $30,055
- From this org
- $30,055
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Wayne LesterWAYNE LESTER
DIRECTOR
- Total calculated
- $17,550
- From this org
- $17,550
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Stan PittsSTAN PITTS
DIRECTOR
- Total calculated
- $31,350
- From this org
- $31,350
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Jim WhitleyJIM WHITLEY
DIRECTOR
- Total calculated
- $13,767
- From this org
- $13,767
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Ronald T MarshallRONALD T MARSHALL
PRES & CEO
- Total calculated
- $896,805
- From this org
- $727,890
- From related orgs
- $0
- Other
- $168,915
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $637,243
- Bonus
- $24,600
- Other
- $66,047
- Deferred
- $165,431
- Nontaxable benefits
- $3,484
- Filer's total
- $896,805
-
Russell A DelongRUSSELL A DELONG
SR VP CORPOR
- Total calculated
- $548,940
- From this org
- $442,252
- From related orgs
- $0
- Other
- $106,688
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $371,704
- Bonus
- $24,600
- Other
- $45,948
- Deferred
- $103,684
- Nontaxable benefits
- $3,004
- Filer's total
- $548,940
-
James M BottoneJAMES M BOTTONE
VP ENERGY &
- Total calculated
- $453,750
- From this org
- $358,895
- From related orgs
- $0
- Other
- $94,855
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $318,751
- Bonus
- $24,600
- Other
- $15,544
- Deferred
- $91,371
- Nontaxable benefits
- $3,484
- Filer's total
- $453,750
-
Timothy MorrisTIMOTHY MORRIS
VP ENG & OPS
- Total calculated
- $403,774
- From this org
- $359,863
- From related orgs
- $0
- Other
- $43,911
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $301,915
- Bonus
- $24,600
- Other
- $33,348
- Deferred
- $40,907
- Nontaxable benefits
- $3,004
- Filer's total
- $403,774
-
Marsha ShumateMARSHA SHUMATE
CFO/SR. VP F
- Total calculated
- $549,271
- From this org
- $442,405
- From related orgs
- $0
- Other
- $106,866
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $370,406
- Bonus
- $24,600
- Other
- $47,399
- Deferred
- $103,382
- Nontaxable benefits
- $3,484
- Filer's total
- $549,271
-
Hudson KingeryHUDSON KINGERY
SR. VP - POW
- Total calculated
- $471,303
- From this org
- $328,994
- From related orgs
- $0
- Other
- $142,309
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $268,253
- Bonus
- $24,600
- Other
- $36,141
- Deferred
- $139,879
- Nontaxable benefits
- $2,430
- Filer's total
- $471,303
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
-
2024
- Revenue
- $420,877,567
- Expenses
- $420,877,567
- Contributions
- $0
- Grants paid
- $0
-
2023
- Revenue
- $395,538,453
- Expenses
- $395,538,453
- Contributions
- $0
- Grants paid
- $0
-
2022
- Revenue
- $369,406,838
- Expenses
- $375,426,410
- Contributions
- $0
- Grants paid
- $0
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
- $323,280,272
- Expenses
- $335,022,585
- Assets (EOY)
- $527,402,332
-
2020 · 990
- Revenue
- $305,784,637
- Expenses
- $305,784,637
- Assets (EOY)
- $567,238,739
-
2019 · 990
- Revenue
- $310,294,101
- Expenses
- $310,294,101
- Assets (EOY)
- $561,829,303
-
2018 · 990
- Revenue
- $314,129,061
- Expenses
- $314,129,061
- Assets (EOY)
- $518,526,532
-
2017 · 990
- Revenue
- $285,520,563
- Expenses
- $285,520,563
- Assets (EOY)
- $492,278,109
-
2017 · 990
- Revenue
- $285,520,563
- Expenses
- $285,520,563
- Assets (EOY)
- $492,278,109
-
2016 · 990
- Revenue
- $290,141,105
- Expenses
- $290,141,105
- Assets (EOY)
- $489,308,811
-
2015 · 990
- Revenue
- $238,406,912
- Expenses
- $244,540,773
- Assets (EOY)
- $442,354,335
-
2014 · 990
- Revenue
- $248,347,305
- Expenses
- $248,347,305
- Assets (EOY)
- $465,023,347
-
2013 · 990
- Revenue
- $243,829,229
- Expenses
- $243,829,229
- Assets (EOY)
- $446,130,320
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
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
2024 PROVIDING ENERGY ASSISTANCE TO QUALIFYING LOW-INCOME FAMILIES
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 2024 return
-
3 · CHARITY · GA
Declared as related by
-
On its 2024 return
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
-
WALTON BAINBRIDGE LLC
GENERATION · GA · income $217,790 · assets $2,276,873
-
WALTON DISCOVER LLC
GENERATION · GA · income $418,714 · assets $3,471,642
Related corporations and trusts on its 2024 return
-
WALTON ENERGY INC
C CORP · NATURAL GA · GA · share of income $1,663,856 · share of assets $42,968,167
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 2024, the newest we have parsed for this organization.