#462 of 500 · Member & Benefit Funds

Guadalupe Valley Electric Cooperative Inc

EIN 74-3023938 · TX · NTEE Y22 · Form 990, fiscal 2023

A member-owned, not-for-profit electric cooperative headquartered in Gonzales, Texas, serving South Central Texas. It provides electric service to more than 100,000 residential, commercial, and industrial meters across roughly 3,500 square miles spanning about 13 counties, with area offices in Schertz, Seguin, La Vernia, and Cuero. Beyond electricity, GVEC offers services such as internet/fiber, air conditioning, and electrician services, and returns excess margins to member-owners as capital credits.

Financials, fiscal 2023

Revenue

$344.4M

Expenses

$344.5M

Total assets

$1.02B

Net assets

$421.5M

Operating margin

-0.0%

1-year growth

3.3%

5-year growth (CAGR)

8.9%

Reserve (years of spending)

14.7

Contributions share

n/a

Programme spending

97.7%

Fundraising cost

n/a

Executive pay share

1.01%

Employees

455

Revenue per employee

$757K

Grants paid

$19K

Years filing

19

NFP Health Score: 69 / 100

Financial 57 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history