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Gascosage Electric Cooperative

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$19.3M (2022)

Expenses
$20.2M (2022)

Total Assets
$70.5M (2022)

Total Liabilities
$40.8M (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,292,612
Expenses
$20,241,453
Net Income
-$948,841
Net Assets
$29,750,465
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,513,095
> 100%
Investment Income $123,331
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income -$1,372,940
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $29,126
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $268,644
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $2,137,097
10.6%
Assets/Debt
Total Assets $70,519,833
Total Liabilities $40,769,368
Net Assets $29,750,465
Club or Co-Op Income
Income From Members $20,358,719
Income From Other Sources $480,592
Compensation
Key Employees and Officers Compensation Related Other
Carmen Hartwell (General Manager) $132,371 $0 $53,748
Ronald Wiles (Board Director) $12,000 $0 $0
Donald Warnol (Board President/Director) $10,950 $0 $0
Jim Humphrey (Board Treasurer/Director) $10,800 $0 $0
Alice Carlton (Board Secretary/Director) $10,800 $0 $0
Jacob Warren (Board Director) $10,300 $0 $0
Deborah Krumwiede (Board Director) $9,575 $0 $0
Richard Yelton (Board Vice President/Director) $6,800 $0 $0
Willard Dean Baker (Board Director) $6,300 $0 $0
Luther Riddle Ii (Board Director) $5,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,748,899
Expenses
$17,790,773
Net Income
$1,958,126
Net Assets
$30,009,609
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $19,961,540
> 100%
Investment Income $21,583
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income -$283,483
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $49,259
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $198,749
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,756,536
9.9%
Assets/Debt
Total Assets $57,774,455
Total Liabilities $27,764,846
Net Assets $30,009,609
Club or Co-Op Income
Income From Members $19,688,787
Income From Other Sources $357,777
Compensation
Key Employees and Officers Compensation Related Other
Carmen Hartwell (General Manager) $115,524 $0 $48,861
Ronald Wiles (Director) $11,190 $0 $0
Alice Carlton (Board Secretary) $10,690 $0 $0
Donald Warnol (Board President) $10,390 $0 $0
Jacob Warren (Director) $10,190 $0 $0
James Humphrey (Board Treasurer) $9,940 $0 $0
Luther Riddle Ii (Director) $8,690 $0 $0
Richard Yelton (Board Vice President) $7,940 $0 $0
Deborah Krumwiede (Director) $7,715 $0 $0
Willard Baker (Director) $6,390 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,170,595
Expenses
$17,768,125
Net Income
$1,402,470
Net Assets
$28,494,567
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,209,219
95.0%
Investment Income $37,684
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $10,926
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $912,766
4.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $222,574
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,347,311
7.6%
Assets/Debt
Total Assets $54,402,816
Total Liabilities $25,908,249
Net Assets $28,494,567
Club or Co-Op Income
Income From Members $18,209,219
Income From Other Sources $961,375
Compensation
Key Employees and Officers Compensation Related Other
Carmen Hartwell (General Manager) $107,761 $12,616 $50,301
Ronald Wiles (Board Director) $9,100 $0 $0
Donald Warnol (Board President/Director) $8,812 $0 $0
Alice Carlton (Board Secretary/Director) $8,350 $0 $0
James Humphrey (Board Treasurer/Director) $7,350 $0 $0
Jake Warren (Board Director) $6,850 $0 $0
Deborah Krumwiede (Board Director) $6,500 $0 $0
Richard Yelton (Board Vice President/Direc) $5,850 $0 $0
Willard Dean Baker (Board Director) $5,850 $0 $0
Luther Riddle Ii (Board Director) $5,850 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,405,291
Expenses
$18,517,843
Net Income
$1,887,448
Net Assets
$28,070,389
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $19,131,342
93.8%
Investment Income $57,280
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $10,926
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,205,743
5.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $232,422
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,336,929
7.2%
Assets/Debt
Total Assets $53,537,395
Total Liabilities $25,467,006
Net Assets $28,070,389
Club or Co-Op Income
Income From Members $19,131,342
Income From Other Sources $1,273,948
Compensation
Key Employees and Officers Compensation Related Other
Carmen Hartwell (General Manager) $104,616 $16,366 $39,881
Ronald Wiles (Board Director) $15,100 $0 $0
Donald Warnol (Board President/Director) $11,525 $0 $0
James Humphrey (Board Treasurer/Director) $10,850 $0 $0
Deborah Krumwiede (Board Director) $10,650 $0 $0
Alice Carlton (Board Secretary/Director) $10,400 $0 $0
Jake Warren (Board Director) $10,350 $0 $0
Richard Yelton (Board Vice President/Direc) $8,350 $0 $0
Willard Dean Baker (Board Director) $5,350 $0 $0
Luther Riddle Ii (Board Director) $5,350 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,684,796
Expenses
$17,952,773
Net Income
$1,732,023
Net Assets
$27,033,388
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,992,003
96.5%
Investment Income $36,852
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $10,926
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $645,015
3.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $232,580
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $1,294,477
7.2%
Assets/Debt
Total Assets $51,423,739
Total Liabilities $24,390,351
Net Assets $27,033,388
Club or Co-Op Income
Income From Members $18,992,003
Income From Other Sources $1,228,488
Compensation
Key Employees and Officers Compensation Related Other
Carmen Hartwell (General Manager) $101,050 $16,125 $39,705
Deborah Krumwiede (Board Secretary/Director) $15,300 $0 $0
Jake Warren (Board Director) $13,500 $0 $0
Alice Carlton (Board Director) $13,500 $0 $0
Donald Warnol (Board President/Director) $12,725 $0 $0
James Humphrey (Board Treasurer/Director) $11,750 $0 $0
Richard Yelton (Board Vice President/Direc) $8,750 $0 $0
Luther Riddle Ii (Board Director) $6,500 $0 $0
Willard Dean Baker (Board Director) $6,000 $0 $0
Ronald Wiles (Board Director) $3,200 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,587,457
Expenses
$16,717,386
Net Income
$870,071
Net Assets
$26,097,448
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,955,458
96.4%
Investment Income $38,694
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $10,926
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $582,379
3.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $235,501
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,235,257
7.4%
Assets/Debt
Total Assets $45,167,924
Total Liabilities $19,070,476
Net Assets $26,097,448
Club or Co-Op Income
Income From Members $16,955,458
Income From Other Sources $631,998
Compensation
Key Employees and Officers Compensation Related Other
Carmen Hartwell (General Manager) $101,592 $13,800 $41,384
Alice Carlton (Board Director) $14,200 $0 $0
Donald Warnol (Board President/Director) $13,425 $0 $0
Deborah Krumwiede (Board Secretary/Director) $11,900 $0 $0
James Humphrey (Board Treasurer/Director) $11,450 $0 $0
Jake Warren (Board Director) $10,950 $0 $0
Richard Yelton (Board Vice President/Direc) $10,700 $0 $0
Luther Riddle Ii (Board Director) $7,950 $0 $0
Willard Dean Baker (Board Director) $6,200 $0 $0
Gene Meredith (Board Director) $5,750 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,365,209
Expenses
$16,528,016
Net Income
$837,193
Net Assets
$26,037,816
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,729,239
96.3%
Investment Income $42,231
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $10,926
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $582,813
3.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $255,219
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,167,012
7.1%
Assets/Debt
Total Assets $44,763,891
Total Liabilities $18,726,075
Net Assets $26,037,816
Club or Co-Op Income
Income From Members $16,729,239
Income From Other Sources $635,970
Compensation
Key Employees and Officers Compensation Related Other
Carmen Hartwell (General Manager) $100,843 $13,800 $50,726
Alice Carlton (Board Director) $15,900 $0 $0
Jake Warren (Board Director) $13,650 $0 $0
Don Ald Warnol (Board President/Director) $13,600 $0 $0
James Humphrey (Board Treasurer/Director) $13,400 $0 $0
Gene Meredith (Board Director) $12,900 $0 $0
Richard Yelton (Board Vice President/Direc) $9,650 $0 $0
Luthre Riddle Ii (Board Director) $9,650 $0 $0
Deborah Krumwiede (Board Secretary/Director) $8,250 $0 $0
Willard Dean Baker (Board Director) $6,650 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,478,319
Expenses
$16,252,579
Net Income
$1,225,740
Net Assets
$25,842,713
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,607,837
95.0%
Investment Income $31,928
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $10,926
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $827,628
4.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $232,034
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,214,628
7.5%
Assets/Debt
Total Assets $43,380,994
Total Liabilities $17,538,281
Net Assets $25,842,713
Club or Co-Op Income
Income From Members $16,607,837
Income From Other Sources $870,483
Compensation
Key Employees and Officers Compensation Related Other
Carmen Hartwell (General Manager) $97,034 $12,600 $38,575
Donald Warnol (Board President/Director) $15,175 $0 $0
Deborah Krumwiede (Board Secretary/Director) $14,700 $0 $0
Alice Carlton (Board Director) $12,200 $0 $0
James Humphrey (Board Treasurer/Director) $11,450 $0 $0
Jake Warren (Board Director) $11,200 $0 $0
Richard Yelton (Board Vice President/Direc) $10,700 $0 $0
Gene Meredith (Board Director) $9,950 $0 $0
Willard Dean Baker (Board Director) $5,950 $0 $0
Luthre Riddle Ii (Board Director) $4,200 $0 $0
Norma Riddle (Board Director) $900 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,919,343
Expenses
$16,274,901
Net Income
$1,644,442
Net Assets
$25,496,060
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,086,820
95.4%
Investment Income $31,517
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $10,926
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $790,080
4.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $182,080
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,286,132
7.9%
Assets/Debt
Total Assets $42,900,732
Total Liabilities $17,404,672
Net Assets $25,496,060
Club or Co-Op Income
Income From Members $17,086,820
Income From Other Sources $879,870
Compensation
Key Employees and Officers Compensation Related Other
Carmen Hartwell (General Manager) $93,455 $12,000 $38,575
Donald Warnol (Board President/Director) $13,700 $0 $0
Deborah Krumwiede (Board Secretary/Director) $12,450 $0 $0
James Humphrey (Board Treasurer/Director) $12,100 $0 $0
Alice Carlton (Board Director) $10,850 $0 $0
Jake Warren (Board Director) $10,400 $0 $0
Gene Meredith (Board Director) $9,775 $0 $0
Richard Yelton (Board Vice President/Director) $9,350 $0 $0
Willard Dean Baker (Board Director) $5,100 $0 $0
Norma Riddle (Board Director) $4,900 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,948,084
Expenses
$15,680,615
Net Income
$1,267,469
Net Assets
$24,696,719
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,162,262
95.4%
Investment Income $27,166
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $10,926
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $747,730
4.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $180,892
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,281,467
8.2%
Assets/Debt
Total Assets $39,584,159
Total Liabilities $14,887,440
Net Assets $24,696,719
Club or Co-Op Income
Income From Members $16,162,262
Income From Other Sources $785,824
Compensation
Key Employees and Officers Compensation Related Other
Carmen Hartwell (General Manager) $79,088 $0 $31,829
Jake Warren (Board Director) $11,625 $0 $0
Donald Warnol (Board President/Director) $11,250 $0 $0
James Humphrey (Board Treasurer/Director) $11,150 $0 $0
Gene Meredith (Board Director) $10,550 $0 $0
Deborah Krumwiede (Board Director) $9,750 $0 $0
Willard Dean Baker (Board Vice President/Direc) $6,550 $0 $0
Norma Riddle (Board Secetary/Director) $5,700 $0 $0
Alice Carlton (Board Director) $2,200 $0 $0
Richard Yelton (Board Director) $1,200 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,971,911
Expenses
$15,488,282
Net Income
$483,629
Net Assets
$24,038,469
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,539,680
97.3%
Investment Income $30,164
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $402,067
2.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $190,712
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,207,107
7.8%
Assets/Debt
Total Assets $38,061,023
Total Liabilities $14,022,554
Net Assets $24,038,469
Club or Co-Op Income
Income From Members $15,539,680
Income From Other Sources $624,560

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,966,536
Expenses
$15,415,904
Net Income
$1,550,632
Net Assets
$23,983,476
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,446,769
96.9%
Investment Income $39,888
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $479,879
2.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $189,207
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,054,887
6.8%
Assets/Debt
Total Assets $37,550,079
Total Liabilities $13,566,603
Net Assets $23,983,476
Club or Co-Op Income
Income From Members $16,446,769
Income From Other Sources $519,767

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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