Golden Spread Electric Cooperative Inc
TO DELIVER COST EFFECTIVE, COMPETITIVE AND RELIABLE POWER TO PROVIDE A SECURE ENERGY FUTURE FOR GENERATIONS TO COME BY CREATING OPPORTUNITIES, CULTIVATING COOPERATION AND NAVIGATING INDUSTRY RISK.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4B
Annual Giving
$76K
Grant Count
4
Avg Grant Size
$19K
About Golden Spread Electric Cooperative Inc
Based on IRS filings
Golden Spread Electric Cooperative Inc is a nonprofit organization, based in AMARILLO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4B in total assets. In 2024, it awarded 4 grants totaling $76K. Net investment income was $14.1M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $1,366,174,653 | $1,273,810,870 | $1,251,228,427 |
| Revenue | $545,165,927 | $772,338,275 | $703,244,105 |
| Expenses | $545,165,927 | $760,503,573 | $720,095,326 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $14,147,137 | $4,970,033 | $2,565,923 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALBERT DANIEL | DIRECTOR | 4.9 | $49,098 |
| ANDREW KEITH HICKS | DIRECTOR | 4 | $42,718 |
| BEN FRANKLIN | DIRECTOR | 4.2 | $36,609 |
| BENNY DEAN NIXON | DIRECTOR | 3.8 | $27,099 |
| BRENT LEE MCMILLIAN | DIRECTOR | 4.7 | $29,786 |
| CECIL DAVIS | DIRECTOR | 4.1 | $32,645 |
| DALE ANCELL | DIRECTOR | 7.2 | $49,729 |
| DANNY HELMS | DIRECTOR | 4.5 | $38,402 |
| DAVID SELL | DIRECTOR | 7.4 | $43,465 |
| DAVID TIPTON | DIRECTOR | 5 | $36,983 |
| DAVID MCCLAIN | SECRETARY/TREASURER | 7.6 | $41,705 |
| DAVID MARRICLE | DIRECTOR | 6.2 | $43,012 |
| DWAIN STRANGE | DIRECTOR | 3.9 | $24,260 |
| GRACE SUBEALDEA | DIRECTOR | 7.5 | $45,031 |
| GREG HENLEY | VICE CHAIRMAN | 3.8 | $33,960 |
| JEFF COPELAND | DIRECTOR | 4.6 | $34,222 |
| KELLY LANKFORD | CHAIRMAN | 7.1 | $39,117 |
| KEVIN HUMPHREYS | DIRECTOR | 4.1 | $27,068 |
| MARK HEGI | DIRECTOR | 4.5 | $31,526 |
| MICHAEL SOUDER | DIRECTOR | 3.4 | $24,936 |
| PAT JACKSON | DIRECTOR | 3.9 | $30,679 |
| RANDY WHITE | DIRECTOR | 4.6 | $42,367 |
| RANDY MAHANNAH | DIRECTOR | 3.7 | $25,205 |
| RICHARD BLAKE MOORE | DIRECTOR | 4 | $29,556 |
| RYAN BARTLETT | DIRECTOR | 6.2 | $34,918 |
| SHAD MCDANIEL | DIRECTOR | 7.8 | $52,435 |
| SHAWN MARTINEZ | DIRECTOR | 10.4 | $37,096 |
| SYNDA SMITH | DIRECTOR | 6.1 | $26,382 |
| TIMOTHY J BURKHALTER | DIRECTOR | 5.9 | $33,378 |
| VICK CHRISTIAN | DIRECTOR | 5.9 | $35,723 |
| WILLIAM WHITTEN | DIRECTOR | 4.1 | $35,156 |
| ZAC PERKINS | DIRECTOR | 7.3 | $39,549 |
| KARI HOLLANDSWORTH | PRESIDENT & CHIEF EXECUTIVE OFFICER | 45 | $906,358 |
| ROBERT M LOWE | CHIEF FINANCIAL OFFICER & ASST TREASURER | 40 | $391,258 |
| JAMES GUY | GEN COUNSEL & CHIEF LEGAL/COMPLIANCE OFFICER | 50 | $399,068 |
| JOHN EICHELMANN | VP - MEMBER SVCS & POWER DELIVERY | 45 | $392,340 |
| MATTHEW MOORE | VP - COMMERICAL & ASSETS OPERATIONS | 40 | $355,242 |
| MICHAEL WISE | SENIOR VP - REG/MKT STRATEGY | 45 | $352,418 |
| DAVID MARSH | SENIOR PRODUCTION ASSET MANAGER | 38 | $230,467 |
| ROBERT MCMINN | DIRECTOR - POWER DELIVERY | 40 | $257,878 |
| CLIFTON USLETON | EXECUTIVE IT DIRECTOR | 48 | $228,579 |
| BRET YEARY | DIRECTOR - POWER SUPPLY | 42 | $252,828 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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