Cause IQ organization profile

Golden Spread Electric Cooperative

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Golden Spread Electric Cooperative is a public utility based in Amarillo, TX that was founded in 1984. As of 2019 they had $342 million in revenue and $1.1 billion in assets.

The mission of Golden Spread Electric Cooperative is to engage in long term power supply planning, negotiation and securing of reliable power supply resources for its members, and to act jointly with its member systems to continue to provide and devel...

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Program areas at Golden Spread Electric Cooperative

Golden Spread Electric Cooperative, Inc. (gsec) is a consumer-owned wholesale Electric power supplier for rural Electric distribution cooperatives.

Form 990s for Golden Spread Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2018-12Dec 26, 2019990OView PDF
2017-12Mar 15, 2019990View PDF
2016-12Jan 18, 2018990View PDF
2015-12Mar 28, 2017990OView PDF
2014-12Jan 20, 2016990OView PDF
...and six more Form 990 PDFs

Financials for Golden Spread Electric Cooperative

Total grants, contributions, etc.$495,029
Program services$337,975,384
Investment income and dividends$4,501,213
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-174,840
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$342,796,786

Vendors for Golden Spread Electric Cooperative

VendorServicesAmount paidDate
Microsoft ServicesSoftware2020-03-16
██████ ████████ ████████ ███ ███████ ████Tax accounting2018-11-14
████Service Fees$2,246,0212017-12-01
██ █████████████ ███Original Equip$5,361,9962017-12-01
██████ █████ ███Oem$1,591,7062017-12-01
███ ██████ ████████ ███O M Contractor$9,222,3312017-12-01
███ ███████████ ████████ ███O M Contractor$1,006,8712017-12-01
████ ███Audit accounting2013-05-22

Personnel at Golden Spread Electric Cooperative

NameTitleCompensationMost recent data
Mark SchwirtzPresident and Chief Executive Officer$626,219Feb. 13, 2020
J. Jolly HaydenChief Operating Officer-Oct. 15, 2018
█████ █████Chief Financial Officer$326,590Feb. 13, 2020
████ ██████████Vice President Member Services$243,202Feb. 13, 2020
████████ ██████Rupert$282,462Oct. 15, 2018
███████ ████Senior Vice President , Comm Operations and Transmission$295,477Dec. 31, 2016
███████ █████Vice President Engineering$248,768Dec. 31, 2016
██████████ ████████Vice President Finance and Accounting$328,994Dec. 31, 2015
██████ ████Vice President Production$227,465Dec. 31, 2015
...and one more key personnel

Peer public utilities

1Trinity Valley Electric Cooperative (TVEC)501(c)(12)$161 millionKaufman, TX
2Brazos Electric Power Cooperative501(c)(12)$1.0 billionWaco, TX
3Mid-South Synergy501(c)(12)$87 millionNavasota, TX
4Magic Valley Electric Cooperative501(c)(12)$235 millionMercedes, TX
5Upshur Rural Electric Cooperative Corporation501(c)(12)$86 millionGilmer, TX
6Nueces Electric Cooperative501(c)(12)$115 millionRobstown, TX
7Medina Electric Cooperative Incorporated501(c)(12)$128 millionHondo, TX
8United Cooperative Services501(c)(12)$207 millionBurleson, TX
9Pedernales Electric Cooperative501(c)(12)$639 millionJohnson City, TX
10South Texas Electric Cooperative501(c)(12)$529 millionNursery, TX
11Coserv Electric501(c)(12)$525 millionCorinth, TX
12Farmers Electric Cooperative501(c)(12)$149 millionGreenville, TX
13Tri-County Electric Cooperative501(c)(12)$264 millionAzle, TX
14Guadalupe Valley Electric Cooperative501(c)(12)$241 millionGonzales, TX
15South Plains Electric Cooperative501(c)(12)$156 millionLubbock, TX
16Karnes Electric Cooperative501(c)(12)$100 millionKarnes City, TX
17Northwest Iowa Power Cooperative (NIPCO)501(c)(12)$108 millionLe Mars, IA
18Mountrail-Williams Electric Cooperative501(c)(12)$310 millionWilliston, ND
19Northeastern Rural Electric Membership Corporation501(c)(12)$112 millionColumbia City, IN
20Tri-County Electric Cooperative501(c)(12)$98 millionHooker, OK
21Cooperative Energy501(c)(12)$829 millionHattiesburg, MS
22Central Alabama Electric Cooperative501(c)(12)$90 millionPrattville, AL
23McKenzie Electric Cooperative501(c)(12)$309 millionWatford City, ND
244-County Electric Power Association501(c)(12)$125 millionColumbus, MS
25East River Electric Power Cooperative501(c)(12)$315 millionMadison, SD