EIN 75-0300645

Grayson-Collin Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
141
State
Year formed
1937
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Grayson-Collin Electric Cooperative serves its members by providing quality and reliable electric service, with a focus on offering the very best possible service at the least cost. By allocating patronage capital, they are able to provide electricity to their 68,813 active services. The cooperative is located in Van Alstyne, TX.
Total revenues
$205,305,170
2022
Total expenses
$203,332,128
2022
Total assets
$551,504,092
2022
Num. employees
141
2022

Program areas at Grayson-Collin Electric Cooperative

Providing Electric energy to our members on a Cooperative basis through the allocation of patronage capital. There were 75,221 active services at year end.

Grants made by Grayson-Collin Electric Cooperative

GranteeGrant descriptionAmount
Texoma Exposition and Livestock ShowLuncheon and Buyer Sponsorship$0

Personnel at Grayson-Collin Electric Cooperative

NameTitleCompensation
Chris OffillChief Executive Officer Grayson - Collin Comm. / Chief Executive Officer and Chief Financial Officer Grayson - Collin Communications / Chief Executive Officer and Chief Financial Officer Grayson - Collin Communication / Chief Executive Officer and Chief Financial Officer - Grayson - Coll Comm$214,151
David McGinnisChief Executive Officer and General Manager / General Manager and Chief Executive Officer$420,947
Kevin StevensChief Operating Officer / Manager of Maintenance and Operations$240,885
Mike RolandtChief Financial Officer$214,904
Jason SprowlManager of Operations and Loss Cont. / Manager of Safety and Loss Control / Manager of Operations and Loss Control$163,785
...and 17 more key personnel

Financials for Grayson-Collin Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$202,968,382
Investment income and dividends$890,069
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$159,650
Net gain from sale of non-inventory assets$117,922
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,169,147
Total revenues$205,305,170

Form 990s for Grayson-Collin Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-06990View PDF
2021-122022-11-15990View PDF
2020-122021-11-04990View PDF
2019-122021-06-08990View PDF
2018-122020-01-16990View PDF
...and 9 more Form 990s

Organizations like Grayson-Collin Electric Cooperative

OrganizationLocationRevenue
Citizens Electric CorporationPerryville, MO$155,506,076
Delaware Electric CooperativeGreenwood, DE$226,822,126
Upper Cumberland Electric Membership Corporation (UCEMC)Carthage, TN$129,809,494
Powell Valley Electric CooperativeNew Tazewell, TN$78,219,772
Oregon Trail Electric Consumers CooperativeBaker City, OR$60,388,263
Pee Dee Electric CooperativeDarlington, SC$97,590,031
Southern Illinois Power CooperativeMarion, IL$191,824,914
Navasota Valley Electric CooperativeFranklin, TX$60,586,411
Salt River Electric CooperativeBardstown, KY$141,723,833
Johnson County Rural Electric Membership Corporation (JCREMC)Franklin, IN$70,521,868
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 3 new personnel
December 31, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 548
Van Alstyne, TX 75495
Metro area
Sherman-Denison, TX
County
Grayson County, TX
Website URL
gcec.net/ 
Phone
(903) 482-7100
IRS details
EIN
75-0300645
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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