GUADALUPE VALLEY ELECTRIC COOPERATIVE INC (EIN 743023938) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1938

Legal Domicile

Principal Officer

DARREN SCHAUER

Phone

8308571200

Tax Period

2023-01-01 to 2023-12-31

GUADALUPE VALLEY ELECTRIC COOPERATIVE INC, founded in 1938, is a major nonprofit in the Mutual Benefit sector that reported $344.4M in total revenue in fiscal year 2023.

Mission

TO PROVIDE RELIABLE ELECTRIC & INTERNET SERVICE ON A COOPERATIVE BASIS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $336,357,437

Investment Income $1,418,928

Other Revenue $6,630,573

TOTAL REVENUE $344,406,938

Expense Breakdown

Grants Paid $18,982

Salaries & Benefits $32,009,008

Fundraising Expenses $0

Other Expenses $288,033,823

TOTAL EXPENSES $344,506,781

Year-over-Year Comparison

	2023	2022	Change
Revenue	$344,406,938	$333,516,518	+0.0%
Expenses	$344,506,781	$329,697,006	+0.0%
Net Income	$-99,843	$3,819,512	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

455

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

$2,325,065

Total Directors

$410,706

Key Employees

$869,207

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY BIRDWELL	PRESIDENT	10.00	Officer Director	$53,106	$0	$53,106
LEWIS BORGFELD	DIRECTOR	8.30	Director	$42,297	$0	$42,297
MORRIS HARVEY	SECRETARY/TREASURER	7.40	Officer Director	$39,156	$0	$39,156
SHAWN MARTINEZ	DIRECTOR	5.00	Director	$34,802	$0	$34,802
MARK ROBERTS	DIRECTOR	6.50	Director	$35,922	$0	$35,922
HENRY SCHMIDT	VICE PRESIDENT	9.00	Officer Director	$39,156	$0	$39,156
MELVIN STREY	DIRECTOR	10.00	Director	$29,458	$0	$29,458
DAVID WARZECHA	DIRECTOR	4.40	Director	$25,197	$0	$25,197
ROBERT WERNER	DIRECTOR	5.00	Director	$30,156	$0	$30,156
DON WILLIAMS	DIRECTOR	6.30	Director	$33,750	$0	$33,750
LEO YORK	DIRECTOR	7.80	Director	$47,706	$0	$47,706
DARREN SCHAUER	GM/CEO	60.00	Officer	$806,814	$64,479	$871,293
SEAN ALVAREZ	COO	50.00	Officer	$505,555	$62,967	$568,522
GARY KORN	CFO	48.00	Officer	$351,166	$55,907	$407,073
ASHLEY COBURN	CPO	45.00	Officer	$288,502	$58,257	$346,759
CEASON BARNICK	SR EXEC MGR - CUSTOMER RELATIONS	45.00	Key Emp	$245,795	$53,058	$298,853
ROBERT CHRISTMAS	SR EXEC MGR - COMPLIANCE	55.00	Key Emp	$235,603	$47,461	$283,064
KRISTA DAVIS	SR EXEC MGR - MARKETING	50.00	Key Emp	$235,377	$51,913	$287,290
ROBERT RUSSELL	EXEC ENGINEER - COMMUNICATION TECHNOLOGY	50.00	Highest	$256,376	$36,869	$293,245
JEFFREY STRAHL	EXEC MGR - INFORMATION TECHNOLOGY	55.00	Highest	$239,735	$54,025	$293,760
WILLIAM NICHOLS	EXEC MGR - POWER SUPPLY	50.00	Highest	$221,681	$46,896	$268,577
ZACHARY TAYLOR	EXEC MGR - ENGINEERING	50.00	Highest	$208,696	$46,534	$255,230
RICHARD MCKINNEY	EXEC MGR - OPERATIONS	48.00	Highest	$194,908	$42,710	$237,618

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	$344,406,938	$344,506,781	$1,019,194,887	$-99,843
2022	$333,516,518	$329,697,006	$960,046,886	$3,819,512
2021	$305,173,096	$304,311,376	$883,605,194	$861,720
2020	$239,271,306	$239,118,477	$671,308,344	$152,829
2019	$244,833,265	$245,213,452	$623,150,948	$-380,187
2018	$241,844,908	$242,422,349	$588,088,968	$-577,441

GUADALUPE VALLEY ELECTRIC COOPERATIVE INC