CSCharityScored
90

Greenbelt Electric Cooperative Inc

Other · Wellington, Texas

Po Box 948, Wellington, TX 79095-0948

EIN: 750304276· Founded: Dec 1939· 87 years active· Filing Year: 2023

Annual Revenue

$25.9M

Total Expenses

$25.8M

Total Assets

$68.0M

Program Spending

97%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$682K

2.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.9M

Total Payroll

$2.5M

10% of total expenses

Where the Money Goes

97%
Programs: 97%
Payroll: 10%
Other overhead: 3%
Program Revenue$25.1M (97%)
Total Expenses$25.8M (100%)
Payroll$2.5M (10%)
Overhead (non-program)3%

Trust Score Breakdown

Program Spending Ratio

97% of expenses go to programs

40%

Revenue & Stability

$25.9M annual revenue

15%

Executive Compensation

$682K total officer comp (2.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$68.0M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.