Greenbelt Electric Cooperative Inc
The cooperative's responsibility and aim is to provide excellent and innovative customer service as reflected in top quality electric service reliability, affordable rates, employee teamwork and the highest degree of integrity in all cooperative endeavors.
Greenbelt Electric Cooperative Inc at a glance
In short: Greenbelt Electric Cooperative Inc reported $25K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.
- Grants paid (2025)
- $24,524 — reported as a total on the IRS filing, without an itemized list
- +145.2% vs 2024
- Total assets
- $73,106,359
- +4.2% vs 2024
- Revenue (2025)
- $22,960,543
- +6.9% vs 2024
- Net investment income (2025)
- $212,658
- +1.4% vs 2024
- Expenses (2025)
- $22,871,956
- +6.4% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated November 2026.
Who Greenbelt Electric Cooperative Inc funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $10K (2024) to $36K (2019). In 2025 it reported $25K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| International Association of Lions Clubs Wellington, TX | Park Renovation Project | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $73,106,359 | $22,960,543 | $22,871,956 | $24,524 | Total only | $212,658 |
| 2024 | $70,140,663 | $21,477,476 | $21,499,065 | $10,000 | 1 | $209,764 |
| 2023 | $68,042,483 | $25,872,801 | $25,846,706 | $29,391 | Total only | $733,669 |
| 2022 | $63,303,175 | $27,737,736 | $27,749,657 | $27,807 | Total only | $70,456 |
| 2021 | $62,079,454 | $23,569,133 | $23,546,571 | $33,522 | Total only | $31,177 |
| 2020 | $60,359,053 | $23,613,102 | $23,607,232 | $27,808 | Total only | $36,232 |
| 2019 | $56,679,433 | $22,810,312 | $22,874,409 | $35,931 | Total only | $49,688 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Greenbelt Electric Cooperative Inc
Based on IRS filings
Greenbelt Electric Cooperative Inc is a public charity, based in Wellington, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $73.1M in total assets. In 2025, it reported $25K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $213K.
Leadership & Key People
Officers and directors from IRS filings
Greenbelt Electric Cooperative Inc is led by Randy White, CEO, General Manager & Executive since 2025 (on filings since 2019); all 15 officers listed in 2025 are compensated.
Officers on the 2025 filing
Randy White
CEO, General Manager & Executive
General Manager & CEO → CEO, General Manager & Executive Vice President, 2024
CEO, General Manager & Executive Vice President → CEO, General Manager & Executive, 2025
On filings since 2019
55 hrs/week
$130K (2019) → $186K (2025)
Michael Souder
President
Secretary & Treasurer → Vice President, 2021
Vice President → President, 2022
On filings since 2019
1.5 hrs/week
$28K (2019) → $37K (2025)
Billy Conner
Director
Vice President → Secretary & Treasurer, 2021
Secretary & Treasurer → Director, 2022
On filings since 2019
1.3 hrs/week
$28K (2019) → $36K (2025)
Jimmie Taylor
Director
On filings since 2019
2 hrs/week
$31K (2019) → $36K (2025)
Brett Buckingham
Director
On filings since 2022
2 hrs/week
$34K (2023) → $36K (2025)
Stephen Martin
Director
On filings since 2022
2 hrs/week
$9K (2022) → $36K (2025)
James D. Johnson
Area Serviceman
Service Manager → Area Serviceman, 2022
On filings since 2019
47 hrs/week
$107K (2019) → $124K (2025)
Mark Lemons
Electric Engineer
Engineer → Electric Engineer, 2024
On filings since 2019
60 hrs/week
$106K (2019) → $136K (2025)
Ricky Bond
Operations Manager
On filings since 2019
40 hrs/week
$123K (2019) → $169K (2025)
Stan Shelton
Vice President
Secretary & Treasurer → Director, 2020
Director → Vice President, 2022
On filings since 2019
2 hrs/week
$28K (2019) → $36K (2025)
Carly Ward
Chief Financial Officer
On filings since 2022
45 hrs/week
$112K (2022) → $126K (2025)
Ricardo Orozco
Crew Foreman
On filings since 2024
44 hrs/week
$111K (2024) → $110K (2025)
Stephen Mathews
Secretary & Treasurer
On filings since 2024
1.8 hrs/week
$33K (2024) → $35K (2025)
Dwaine Neeley
Line Superintendent
New on the 2025 filing
42 hrs/week
$110K (2025)
Monte McAnear
Area Serviceman
New on the 2025 filing
44 hrs/week
$115K (2025)
Former officers (8)
- Former: Kevin McAnear (2023–2024) — Area Serviceman
- Former: Steve Mathews (2019–2023) — Secretary & Treasurer
- Former: Dave Johnson (2023) — Area Serviceman
- Former: Jonathan Killian (2023) — Area Serviceman
- Former: Carson Bird (2019–2022) — Director
- Former: Debra Belew (2019–2022) — Office Manager
- Former: James W. Batton (2019–2022) — President
- Former: Stan McClendon (2019–2022) — General Manager
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $186K, to Randy White (CEO/General Manager/Exec.). 15 officers or directors reported compensation on that filing.
Frequently asked questions about Greenbelt Electric Cooperative Inc
How much does Greenbelt Electric Cooperative Inc give each year?
Greenbelt Electric Cooperative Inc reported $25K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it gave $10K across 1 grant.
How large is Greenbelt Electric Cooperative Inc?
Greenbelt Electric Cooperative Inc reported $73.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $23.0M.
Where does Greenbelt Electric Cooperative Inc operate?
Greenbelt Electric Cooperative Inc has awarded grants in Texas.
What is Greenbelt Electric Cooperative Inc's EIN?
Greenbelt Electric Cooperative Inc's EIN (Employer Identification Number) is 75-0304276. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated November 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS August 27, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS November 8, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 28, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 24, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 10, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS September 23, 2026)
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