Guadalupe Valley Electric Cooperative Inc
Only null% goes to programs Strong reserves
Guadalupe Valley Electric Cooperative Inc is a 501(c)(12) organization based in Gonzales, Texas, registered in 2004, with $336,835,943 in FY2024 revenue. CharityIndex grades it A.
Po Box 118, Gonzales, TX, 78629 EIN 74-3023938 Since 2004
Revenue (FY2024)
$336.8M
▼ 2.2% vs prior year
Membership median: $185K
Expenses (FY2024)
$336.8M
Net assets
$439.5M
Employees
481
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Guadalupe Valley Electric Cooperative Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Guadalupe Valley Electric Cooperative Inc: 16 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Guadalupe Valley Electric Cooperative Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Guadalupe Valley Electric Cooperative Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide reliable electric & internet service on a cooperative basis.
What they do
Internet/broadband service division:providing fiber internet services to its members through a combination of wireless and fiber-to-the-home technologies. services of this division will be provided to members on a patronage basis through the allocation of patronage capital to the extent of margins for such division. fiber and wireless internet is also provided to non-members on a non-patronage basis.
Contact & location
- Address
- Po Box 118, Gonzales, TX, 78629
- City
- Gonzales
- State
- Texas
- Category
- Mutual & Membership Benefit
- Subcategory
- Insurance Providers
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $197.3M (FY2013) to $336.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $630.5MNet assets $439.5M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1B
Total liabilities
$630.5M
Net assets
$439.5M
Salaries & benefits
$34.3M
10% of expenses
Board members
11
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $336,835,943▼2.2% | $336,773,776▼2.2% | $439,468,744▲4.3% | $1,069,952,586▲5.0% | 990 |
| 2023 | $344,406,938▲3.3% | $344,506,781▲4.5% | $421,514,454▲6.7% | $1,019,194,887▲6.2% | 990 |
| 2022 | $333,516,518▲9.3% | $329,697,006▲8.3% | $395,011,159▲8.1% | $960,046,886▲8.7% | 990 |
| 2021 | $305,173,096▲27.5% | $304,311,376▲27.3% | $365,489,318▲7.3% | $883,605,194▲31.6% | 990 |
| 2020 | $239,271,306▼2.3% | $239,118,477▼2.5% | $340,483,252▲3.9% | $671,308,344▲7.7% | 990 |
| 2019 | $244,833,265▲1.2% | $245,213,452▲1.2% | $327,605,025▲7.7% | $623,150,948▲6.0% | 990 |
| 2018 | $241,844,908▲6.9% | $242,422,349▲6.6% | $304,261,444▲3.8% | $588,088,968▲4.2% | 990 |
| 2017 | $226,339,026▲4.1% | $227,326,136▲4.3% | $293,125,010▲8.1% | $564,336,102▲5.0% | 990 |
| 2016 | $217,390,759▲0.3% | $218,004,477▲0.6% | $271,064,783▲8.9% | $537,577,637▲4.2% | 990 |
| 2015 | $216,640,783▼3.6% | $216,640,783▼3.6% | $248,877,881▲8.5% | $515,917,402▲9.4% | 990 |
| 2014 | $224,661,093▲13.9% | $224,661,093▲13.9% | $229,475,474▲6.2% | $471,577,906▲5.9% | 990 |
| 2013 | $197,323,511 | $197,323,511▲4.6% | $215,981,909▲7.7% | $445,099,977▲8.6% | 990 |
| 2012 | — | $188,725,090▲2.6% | $200,627,755▲2.8% | $409,770,349▲7.7% | 990 |
| 2011 | — | $183,958,140▲20.5% | $195,133,638▲10.1% | $380,579,595▲9.7% | 990 |
| 2010 | — | $152,645,242 | $177,224,043 | $346,982,296 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Darren Schauer — $959,698 (0.28% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Darren Schauer | Gm/ceo | 60 | $959,698 |
| Sean Alvarez | Coo | 50 | $516,719 |
| Gary Korn | Cfo | 48 | $386,289 |
| Ashley Coburn | Cpo | 45 | $327,073 |
| Krista Davis | Sr Exec Mgr - Marketing/btm | 50 | $265,253 |
| Robert Russell | Exec Engineering of Comm Technology | 47 | $264,940 |
| Ceason Barnick | Sr Exec Mgr - Customer Rel | 45 | $254,801 |
| Jeff Strahl | Network Engineering Mgr | 45 | $238,331 |
| William Nichols | Exec Mgr - Power Supply/it | 50 | $236,232 |
| Zachary Taylor | Exec Mgr - Engineering | 40 | $220,192 |
| Richard Mckinney | Exec Mgr - Operations | 48 | $203,741 |
| Michelle Scarbrough | Sr Exec Mgr - Key Accounts | 45 | $197,733 |
| Ethan Walpole | Journeyman Lineman | 54.5 | $175,209 |
| Gary Birdwell | President | 15 | $54,475 |
| Lewis Borgfeld | Director | 8.3 | $51,766 |
| Leo York | Director | 9.1 | $51,041 |
| Morris Harvey | Secretary/treasurer | 8.6 | $42,491 |
| Henry Schmidt | Vice President | 8.6 | $39,341 |
| Mark Roberts | Director | 7 | $38,440 |
| Robert Werner | Director | 6 | $37,991 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Tlt Construction Co Inc | Line Construction | $7,887,611 |
| Source Power LLC | Oh Construction | $7,373,585 |
| Lambda Construction Ltd | Line Construction | $4,386,152 |
| Amp Utility Company LLC | Line Construction | $3,055,677 |
| B&m Services | Cable Laying Construction | $2,226,857 |
Grants made · $106K in FY2022
2 grants totaling $106K in FY2022. All grants made by Guadalupe Valley Electric Cooperative Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| The Tstc Foundation | Contribution for development of trade skills | $100,000 |
| Gonzales Healthcare Systems Foundation | 2022 contribution | $6,000 |
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Compare Guadalupe Valley Electric Cooperative Inc
Frequently asked questions
- Is Guadalupe Valley Electric Cooperative Inc a legitimate nonprofit?
- Yes. Guadalupe Valley Electric Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 74-3023938, based in Gonzales, Texas.
- What is Guadalupe Valley Electric Cooperative Inc's EIN?
- Guadalupe Valley Electric Cooperative Inc's Employer Identification Number (EIN) is 74-3023938.
- How much revenue does Guadalupe Valley Electric Cooperative Inc report?
- Guadalupe Valley Electric Cooperative Inc reported $336,835,943 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Guadalupe Valley Electric Cooperative Inc have?
- CharityIndex grades Guadalupe Valley Electric Cooperative Inc A, based on financial health (reserves and operating margin).
- How much does Guadalupe Valley Electric Cooperative Inc's highest-paid employee make?
- The highest reported compensation on Guadalupe Valley Electric Cooperative Inc's latest Form 990 is $959,698, paid to Darren Schauer (Gm/ceo).
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Data for Guadalupe Valley Electric Cooperative Inc (EIN 74-3023938) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.