GREYSTONE POWER CORPORATION

EIN: 580224655

DOUGLASVILLE, GA

Total Revenue
$335,819,345
Total Expenses
$334,706,732
Total Assets
$740,552,739
Net Assets
$305,179,765
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1936
Legal Domicile
GA
Principal Officer
GARY A MILLER
Phone
7709426576
Tax Period
2023-01-01 to 2023-12-31

GREYSTONE POWER CORPORATION is a tax-exempt nonprofit with EIN 580224655, based in DOUGLASVILLE, GA. Founded in 1936, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $335,819,345 in total revenue and $334,706,732 in total expenses, with net assets of $305,179,765.

Mission

MAKING LIFE BETTER IN THE COMMUNITIES WE SERVE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $331,176,180
Investment Income $2,899,767
Other Revenue $1,743,398
TOTAL REVENUE $335,819,345

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,312,039
Fundraising Expenses $0
Program Expenses $334,706,732
Other Expenses $316,900,144
TOTAL EXPENSES $334,706,732

Year-over-Year Comparison

2023 2022 Change
Revenue $335,819,345 $337,482,416 0.0%
Expenses $334,706,732 $337,482,416 0.0%
Net Income $1,112,613 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
313
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$1,152,320
Total Directors
9
$246,466
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM JOHNS CHAIRMAN 7.46
Officer Director
$30,581 $0 $30,581
GENEVIEVE B COLE VICE CHAIRMA 4.53
Officer Director
$27,554 $0 $27,554
DAVID HAGENOW SECRETARY/TR 5.52
Officer Director
$28,612 $0 $28,612
MILTON JONES DIRECTOR 4.84
Director
$27,701 $0 $27,701
MARIBETH WANSLEY DIRECTOR 3.90
Director
$26,060 $0 $26,060
JOHN A WALTON DIRECTOR 3.29
Director
$25,815 $0 $25,815
BILLY MAYHEW DIRECTOR 6.25
Director
$26,126 $0 $26,126
NEAL DETTMERING DIRECTOR 5.35
Director
$27,510 $0 $27,510
CHARISSE BRAXTON DIRECTOR 3.06
Director
$26,507 $0 $26,507
GARY A MILLER PRESIDENT & 50.00
Officer
$814,098 $251,475 $1,065,573
MICHAEL MOORE VP-POWER SUP 50.00
Highest
$326,436 $79,449 $405,885
KARA T PEARSON VP-FINANCIAL 50.00
Highest
$330,154 $80,413 $410,567
NADIA FAUCETTE VP ENGINEERI 50.00
Highest
$325,285 $48,093 $373,378
DAVID JOHNSON VP-O&E 50.00
Highest
$307,572 $81,838 $389,410
JAMES WRIGHT VP-CORPORATE 50.00
Highest
$302,422 $77,251 $379,673
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $335,819,345 $334,706,732 $740,552,739 $1,112,613
2022 $337,482,416 $337,482,416 $657,153,120 No data
2021 $319,065,747 $319,065,747 $623,308,885 No data
2020 $293,350,963 $293,350,963 $587,932,497 No data
2019 $293,337,392 $293,337,392 $586,921,386 No data
2018 $305,127,093 $305,127,093 $567,355,231 No data
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