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Greenbelt Electric Cooperative Inc

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
$27.7M (2022)

Expenses
$27.7M (2022)

Total Assets
$63.3M (2022)

Total Liabilities
$35.2M (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings and Audits 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.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,737,736
Expenses
$27,749,657
Net Income
-$11,921
Net Assets
$28,081,357
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $27,613,950
99.6%
Investment Income $23,094
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $9,496
0.0%
Net Fundraising $0
Sales of Assets $47,362
0.2%
Net Inventory Sales $0
Other Revenue $43,834
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $656,185
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,984,452
7.2%
Assets/Debt
Total Assets $63,303,175
Total Liabilities $35,221,818
Net Assets $28,081,357
Club or Co-Op Income
Income From Members $27,059,775
Income From Other Sources $648,531
Compensation
Key Employees and Officers Compensation Related Other
Randy White (General Manager/Ceo) $185,535 $0 $123,165
Debra Belew (Office Manager (Jan Oct)) $179,795 $0 $11,771
Stan Mcclendon (General Manager (Jan)) $134,131 $0 $882
Ricky Bond (Operations Manager) $133,698 $0 $74,089
Mark Lemons (Engineer) $121,710 $0 $54,178
Carly Ward (Chief Financial Officer) $111,767 $0 $28,109
James Johnson (Area Serviceman) $111,573 $0 $44,390
Michael Souder (President) $32,807 $0 $0
Jimmie Taylor (Director) $32,799 $0 $0
Stan Shelton (Vice President) $31,057 $0 $0
Steve Mathews (Secretary/Treasurer) $31,057 $0 $0
Billy Conner (Director) $31,049 $0 $0
Carson Bird (Director (Jan Oct)) $24,924 $0 $0
James W Batton (President (Jan June)) $14,874 $0 $0
Stephen Martin (Director (July Dec)) $9,042 $0 $0
Brett Buckingham (Director (Dec)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$23,569,133
Expenses
$23,546,571
Net Income
$22,562
Net Assets
$30,212,148
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $23,485,458
99.6%
Investment Income $20,677
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $8,500
0.0%
Net Fundraising $0
Sales of Assets $10,500
0.0%
Net Inventory Sales $0
Other Revenue $43,998
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $521,260
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $2,055,215
8.7%
Assets/Debt
Total Assets $62,079,454
Total Liabilities $31,867,306
Net Assets $30,212,148
Club or Co-Op Income
Income From Members $23,482,912
Income From Other Sources $219,347
Compensation
Key Employees and Officers Compensation Related Other
Stan Mcclendon (General Manager) $220,525 $0 $103,520
Randy White (Assistant General Manager) $149,540 $0 $100,433
Debra Belew (Office Manager) $146,256 $0 $82,940
Ricky Bond (Operations Manager) $130,082 $0 $73,194
Mark Lemons (Engineer) $118,446 $0 $49,979
James Johnson (Service Manager) $113,407 $0 $41,724
James W Batton (President) $28,884 $0 $0
Stan Shelton (Director) $28,093 $0 $0
Steve Mathews (Director) $28,093 $0 $0
Michael Souder (Vice President) $28,093 $0 $0
Carson Bird (Director) $28,084 $0 $0
Jimmie Taylor (Director) $28,084 $0 $0
Billy Conner (Secretary/Treasurer) $27,884 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$23,613,102
Expenses
$23,607,232
Net Income
$5,870
Net Assets
$30,350,856
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $22,893,004
97.0%
Investment Income $36,232
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,500
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $682,366
2.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $503,674
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,979,782
8.4%
Assets/Debt
Total Assets $60,359,053
Total Liabilities $30,008,197
Net Assets $30,350,856
Club or Co-Op Income
Income From Members $21,306,051
Income From Other Sources $1,049,330
Compensation
Key Employees and Officers Compensation Related Other
Stan Mcclendon (General Manager) $209,284 $0 $98,287
Randy White (Assistant General Manager) $139,734 $0 $90,096
Debra Belew (Office Manager) $139,131 $0 $79,968
Ricky Bond (Operations Manager) $126,589 $0 $68,711
Mark Lemons (Engineer) $119,169 $0 $40,924
James Johnson (Service Manager) $113,531 $0 $40,052
Jimmie Taylor (Director) $28,997 $0 $0
Michael Souder (Secretary/Treasurer) $28,755 $0 $0
Stan Shelton (Director) $27,755 $0 $0
Billy Conner (Vice President) $27,747 $0 $0
Carson Bird (Director) $27,747 $0 $0
Steve Mathews (Director) $27,555 $0 $0
James W Batton (President) $27,547 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,810,312
Expenses
$22,874,409
Net Income
-$64,097
Net Assets
$26,829,389
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $22,714,705
99.6%
Investment Income $42,649
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,500
0.0%
Net Fundraising $0
Sales of Assets $7,039
0.0%
Net Inventory Sales $0
Other Revenue $44,419
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $475,645
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,936,231
8.5%
Assets/Debt
Total Assets $56,679,433
Total Liabilities $29,850,044
Net Assets $26,829,389
Club or Co-Op Income
Income From Members $19,710,909
Income From Other Sources $758,903
Compensation
Key Employees and Officers Compensation Related Other
Stan Mcclendon (General Manager) $193,339 $0 $83,236
Debra Belew (Office Manager) $131,994 $0 $67,659
Randy White (Assistant General Manager) $129,778 $0 $68,075
Ricky Bond (Operations Manager) $123,197 $0 $59,295
James Johnson (Service Manager) $106,888 $0 $30,706
Mark Lemons (Engineer) $106,016 $0 $29,103
Jimmie Taylor (Director) $30,649 $0 $0
James W Batton (President) $30,099 $0 $0
Stan Shelton (Secretary/Treasurer) $27,708 $0 $0
Steve Mathews (Director) $27,708 $0 $0
Billy Conner (Vice President) $27,699 $0 $0
Carson Bird (Director) $27,699 $0 $0
Michael Souder (Director) $27,508 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$23,720,842
Expenses
$23,861,633
Net Income
-$140,791
Net Assets
$23,431,116
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $24,517,665
> 100%
Investment Income $36,588
0.2%
Net Fundraising $0
Sales of Assets -$880,032
Net Inventory Sales $0
Other Revenue $45,121
0.2%
Assets/Debt
Total Assets $52,954,132
Total Liabilities $29,523,016
Net Assets $23,431,116
Club or Co-Op Income
Income From Members $22,763,320
Income From Other Sources $471,573
Compensation
Key Employees and Officers Compensation Other
Stan Mcclendon (General Manager) $187,704 $87,397
Debra Belew (Office Manager) $128,445 $72,483
Randy White (Assistant General Manager) $126,274 $76,957
Ricky Bond (Manager Of Operations) $119,881 $61,867
Dave Johnson (Service) $104,635 $36,512
Ricardo Orozco Jr (Crew Foreman) $103,829 $49,090
James W Batton (President) $32,627 $0
Jimmie Taylor (Director) $30,877 $0
Steve Mathews (Director) $27,736 $0
Billy Conner (Vice President) $27,727 $0
Carson Bird (Director) $27,727 $0
Stan Shelton (Secretary/Treasurer) $27,536 $0
Michael Souder (Director) $27,336 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,034,164
Expenses
$23,794,969
Net Income
$239,195
Net Assets
$21,783,105
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $23,926,210
99.6%
Investment Income $33,164
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,409
0.0%
Net Fundraising $0
Sales of Assets $27,908
0.1%
Net Inventory Sales $0
Other Revenue $45,473
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $459,996
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,937,697
8.1%
Assets/Debt
Total Assets $51,536,764
Total Liabilities $29,753,659
Net Assets $21,783,105
Club or Co-Op Income
Income From Members $22,633,430
Income From Other Sources $496,133
Compensation
Key Employees and Officers Compensation Related Other
Stan Mcclendon (General Manager) $181,093 $0 $73,145
Debra Belew (Office Manager) $120,694 $0 $65,324
Ricky Bond (Manager Of Operations) $115,829 $0 $56,523
Randy White (Assistant General Manager) $112,045 $0 $62,322
Ricardo Orozco Jr (Crew Foreman) $111,451 $0 $47,720
Mark Lemons (Engineer) $106,281 $0 $23,764
James W Batton (President) $34,949 $0 $0
Jimmie Taylor (Director) $32,197 $0 $0
Billy Conner (Vice President) $27,806 $0 $0
Steve Mathews (Director) $27,806 $0 $0
Michael Souder (Director) $27,797 $0 $0
Stan Shelton (Secretary/Treasurer) $27,606 $0 $0
Carson Bird (Director) $27,597 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,615,087
Expenses
$24,392,220
Net Income
$222,867
Net Assets
$20,100,165
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $24,549,040
99.7%
Investment Income $27,871
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,417
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $36,759
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $419,294
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,954,569
8.0%
Assets/Debt
Total Assets $48,718,576
Total Liabilities $28,618,411
Net Assets $20,100,165
Club or Co-Op Income
Income From Members $22,924,807
Income From Other Sources $364,036
Compensation
Key Employees and Officers Compensation Related Other
Stan Mcclendon (General Manager/Executive Vp) $161,580 $0 $64,834
Debra Belew (Office Manager) $117,504 $0 $67,311
Ricky Bond (Manager Of Operations) $109,772 $0 $53,908
Randy White (Assistant General Manager) $109,034 $0 $61,163
Jimmie Taylor (Director) $29,878 $0 $0
James W Batton (President) $29,532 $0 $0
Steve Mathews (Director) $26,737 $0 $0
Michael Souder (Director) $26,737 $0 $0
Carson Bird (Director) $26,731 $0 $0
Billy Conner (Vice President) $26,728 $0 $0
Stan Shelton (Secretary/Treasurer) $26,537 $0 $0

Document Links

Fiscal Year Ending Sept.
2016

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$28,183,462
Expenses
$27,861,255
Net Income
$322,207
Net Assets
$18,275,469
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $28,129,382
99.8%
Investment Income $27,652
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,247
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $25,181
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $385,127
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,903,925
6.8%
Assets/Debt
Total Assets $46,993,730
Total Liabilities $28,718,261
Net Assets $18,275,469
Club or Co-Op Income
Income From Members $26,602,959
Income From Other Sources $435,675
Compensation
Key Employees and Officers Compensation Related Other
Stan Mcclendon (General Manager/Executive Vp) $155,395 $0 $41,217
Debra Belew (Office Manager) $115,410 $0 $63,833
Ricky Bond (Manager Of Operations) $113,279 $0 $51,211
Randy White (Assistant General Manager) $107,859 $0 $55,196
James W Batton (President) $33,087 $0 $0
Jimmie Taylor (Director) $28,683 $0 $0
Stan Shelton (Secretary/Treasurer) $25,393 $0 $0
Steve Mathews (Director) $25,393 $0 $0
Billy Conner (Vice President) $25,383 $0 $0
Carson Bird (Director) $25,383 $0 $0
Michael Souder (Director) $25,193 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$29,104,955
Expenses
$28,912,387
Net Income
$192,568
Net Assets
$16,164,544
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $29,056,759
99.8%
Investment Income $28,141
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $8,137
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,918
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $477,474
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,620,170
5.6%
Assets/Debt
Total Assets $43,553,720
Total Liabilities $27,389,176
Net Assets $16,164,544
Club or Co-Op Income
Income From Members $28,467,828
Income From Other Sources $289,210
Compensation
Key Employees and Officers Compensation Related Other
Stan Mcclendon (General Manager/Executive Vp) $146,640 $0 $158,307
Debra Belew (Office Manager) $107,649 $0 $58,183
Ricky Bond (Manager Of Operations) $104,097 $0 $17,273
Randy White (Assistant General Manager) $100,735 $0 $41,917
James W Batton (President) $27,462 $0 $0
Jimmie Taylor (Director) $25,738 $0 $0
Stan Shelton (Secretary/Treasurer) $24,068 $0 $0
Billy Conner (Vice President) $23,960 $0 $0
Michael Souder (Director) $23,868 $0 $0
Steve Mathews (Director) $23,718 $0 $0
Carson Bird (Director) $23,713 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$23,919,232
Expenses
$23,762,857
Net Income
$156,375
Net Assets
$13,738,791
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $23,876,893
99.8%
Investment Income $0
Bond Proceeds $28,829
0.1%
Royalties $0
Rental Property Income $7,242
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,268
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $402,995
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,499,398
6.3%
Assets/Debt
Total Assets $39,632,736
Total Liabilities $25,893,945
Net Assets $13,738,791
Club or Co-Op Income
Income From Members $22,639,496
Income From Other Sources $254,456
Compensation
Key Employees and Officers Compensation Related Other
Stan Mcclendon (General Manager/Executive Vp) $139,698 $0 $90,150
Debra Belew (Office Manager) $101,866 $0 $47,542
James W Batton (President) $26,478 $0 $0
Steve Mathews (Director) $25,513 $0 $0
Jimmie Taylor (Director) $25,048 $0 $0
Billy Conner (Vice President) $24,709 $0 $0
Stan Shelton (Secretary/Treasurer) $24,287 $0 $0
Carson Bird (Director) $24,044 $0 $0
Michael Souder (Director) $23,068 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,247,626
Expenses
$16,110,667
Net Income
$136,959
Net Assets
$11,512,661
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,209,103
99.8%
Investment Income $29,029
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,489
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,005
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $339,644
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,460,619
9.1%
Assets/Debt
Total Assets $36,321,311
Total Liabilities $24,808,650
Net Assets $11,512,661
Club or Co-Op Income
Income From Members $15,253,985
Income From Other Sources $218,464

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,498,802
Expenses
$14,410,202
Net Income
$88,600
Net Assets
$10,093,417
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,457,358
99.7%
Investment Income $33,554
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,890
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $308,673
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $980,745
6.8%
Assets/Debt
Total Assets $32,647,791
Total Liabilities $22,554,374
Net Assets $10,093,417
Club or Co-Op Income
Income From Members $14,475,239
Income From Other Sources $156,683

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.

Which Organizations Are Here?

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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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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