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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Greenbelt Electric Cooperative Inc.

Greenbelt Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 10, 2025.

PO Box 948
Wellington, Texas 79095

Greenbelt Electric Cooperative Inc. (EIN: 75-0304276) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Greenbelt Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 40 total employees. Among the employees shown here, the average compensation is $192,035. The highest compensated employee at Greenbelt Electric Cooperative Inc. is Randy White with fiscal year 2024 compensation of $343,320.

Revenue, expenses, and employee compensation

Revenue

$21,477,476

Expenses

$21,499,065

Employee compensation

$3,662,287
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Randy White
Ceo/General Manager/Exec. Vice President
$343,320
$185,049 No related comp$158,271
Ricky Bond
Operations Manager
$206,497
$142,473 No related comp$64,024
Mark Lemons
Electric Engineer
$174,144
$135,542 No related comp$38,602
Ricardo Orozco
Crew Foreman
$161,211
$111,173 No related comp$50,038
James D Johnson
AREA Serviceman
$159,651
$121,474 No related comp$38,177
Carly Ward
Chief Financial Officer
$151,036
$125,790 No related comp$25,246
Kevin McAnear
AREA Serviceman
$148,389
$113,700 No related comp$34,689

Benchmark Employee Compensation

Non-Employee Board Members

Jimmie Taylor
Director
$36,049
$36,049 No related compNo other comp
Michael Souder
President
$34,508
$34,508 No related compNo other comp
Stephen Mathews
Secretary and Treasurer
$32,758
$32,758 No related compNo other comp
Stan Shelton
Vice President
$32,758
$32,758 No related compNo other comp
Brett Buckingham
Director
$32,758
$32,758 No related compNo other comp
Billy Conner
Director
$32,749
$32,749 No related compNo other comp
Stephen Martin
Director
$3,116
$3,116 No related compNo other comp

Mission Statement

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.

Revisions to this organization profile

November 10, 2025:
2024 Greenbelt Electric Cooperative Inc. 990 filed
November 16, 2023:
2022 Greenbelt Electric Cooperative Inc. 990 filed
October 28, 2022:
2021 Greenbelt Electric Cooperative Inc. 990 filed

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