BETA

GVEC CHARITABLE FOUNDATION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
GVEC CHARITABLE FOUNDATION (EIN 45-3420216)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-10-30
IRS object ID
202403049349301140
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-30T10:27:44-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN750882037PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BOLINGER SEGARS GILBERT AND MOSS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18215 NASHVILLE AVENUEAddressLine1Txt
CityLUBBOCKCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79423ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN453420216EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GVEC CHARITABLE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGVECBusinessNameControlTxt
Phone8308571200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1825 E SARAH DEWITT DRIVEAddressLine1Txt
CityGONZALESCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78629ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCEASON BARNICKPersonNm
Person TitleSECRETARY/TREASURERPersonTitleTxt
Phone8308571200PhoneNum
Signature2024-10-29SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMATT R WILLISPreparerPersonNm
PTINP00419741PTIN
Phone8067473806PhoneNum
Preparation2024-10-29PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCEASON BARNICKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1825 E SARAH DEWITT DRIVEAddressLine1Txt
CityGONZALESCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78629ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$389,082GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.GVEC.ORG/COMMUNITY/APPLY-FOR-POWER-UP-GRANTWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTO PROVIDE FUNDING ASSISTANCE TO LOCAL NON-PROFIT GROUPS AND CIVIC ORGANIZATIONS FOR COMMUNITY DEVELOPMENT AND IMPROVEMENT PROJECTS AND PROVIDE ASSISTANCE FOR LOW INCOME INDIVIDUALS WITHIN THE GUADALUPE VALLEY ELECTRIC COOPERATIVE SERVICE AREA.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$367,341PYContributionsGrantsAmt
CY Contributions Grants$389,082CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$367,341PYTotalRevenueAmt
CY Total Revenue$389,082CYTotalRevenueAmt
PY Grants And Similar Paid$397,387PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$337,972CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,508PYOtherExpensesAmt
CY Other Expenses$4,027CYOtherExpensesAmt
PY Total Expenses$400,895PYTotalExpensesAmt
CY Total Expenses$341,999CYTotalExpensesAmt
PY Revenues Less Expenses-$33,554PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$47,083CYRevenuesLessExpensesAmt
Total Assets BOY$135,213TotalAssetsBOYAmt
Total Assets EOY$182,057TotalAssetsEOYAmt
Total Liabilities BOY$3,785TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,546TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$131,428NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$178,511NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE FUNDING ASSISTANCE TO LOCAL NON-PROFIT GROUPS AND CIVIC ORGANIZATIONS FOR COMMUNITY DEVELOPMENT AND IMPROVEMENT PROJECTS AND PROVIDE ASSISTANCE FOR LOW INCOME INDIVIDUALS WITHIN THE GUADALUPE VALLEY ELECTRIC COOPERATIVE SERVICE AREA.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$337,972ExpenseAmt
Grant$337,972GrantAmt
DescTO PROVIDE ASSISTANCE TO NEEDY INDIVIDUALS WITH THEIR UTILITY BILLS AND THROUGH DONATIONS TO LOCAL NON-PROFIT GROUPS AND CIVIC ORGANIZATIONS. DURING 2023, 254 INDIVIDUALS AND 16 NOT FOR PROFIT ORGANIZATION OR GOVERNMENTAL ENTITIES RECEIVED ASSISTANCE FROM THE FOUNDATION.Desc
Total Program Service Expenses$337,972TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CEASON BARNICKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8308571200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1825 E SARAH DEWITT DRIVEAddressLine1Txt
CityGONZALESCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78629ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
SEAN ALVAREZ
VICE PRESIDENT1.0050.00Yes (X)Yes (X)$0$505,555$62,967
GARY KORN
PRESIDENT1.0050.00Yes (X)Yes (X)$0$351,166$55,907
CEASON BARNICK
SECRETARY/TREASURER1.0050.00Yes (X)Yes (X)$0$245,796$53,058
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$1,102,517TotReportableCompRltdOrgAmt
Total Other Compensation$171,932TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$389,082AllOtherContributionsAmt
Total Contributions$389,082TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$389,082TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$292,178TotalAmt
Program Services$292,178ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$45,794TotalAmt
Program Services$45,794ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,000TotalAmt
Management And General$2,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,012TotalAmt
Management And General$1,012ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,015TotalAmt
Management And General$1,015ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$341,999TotalAmt
Program Services$337,972ProgramServicesAmt
Management And General$4,027ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$105,532BOYAmt
EOY$148,645EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$29,681BOYAmt
EOY$33,412EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$135,213BOYAmt
EOY$182,057EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$3,785BOYAmt
EOY$3,546EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,785BOYAmt
EOY$3,546EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$131,428BOYAmt
EOY$178,511EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$131,428BOYAmt
EOY$178,511EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$135,213BOYAmt
EOY$182,057EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$47,083ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$361,987CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$368,224CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$368,730CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$367,341CurrentTaxYearMinus1YearAmt
Current Tax Year$389,082CurrentTaxYearAmt
Total$1,855,364TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$361,987CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$368,224CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$368,730CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$367,341CurrentTaxYearMinus1YearAmt
Current Tax Year$389,082CurrentTaxYearAmt
Total$1,855,364TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,855,364PublicSupportTotal170Amt
Total Support$1,855,364TotalSupportAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$389,082TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$389,082RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$389,082TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$341,999TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$341,999ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$341,999TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE CHARITABLE FOUNDATION ADOPTED THE "UNCERTAIN TAX POSITIONS" PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE PRIMARY TAX POSITION OF THE CHARITABLE FOUNDATION IS ITS FILING STATUS AS A TAX EXEMPT ENTITY. THE CHARITABLE FOUNDATION IS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT THEIR TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS), OR OTHER STATE TAXING AUTHORITY.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (15 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
SHINER ACADEMIC & ATHLETIC FOUNDATION
PO BOX 1374SHINERTX77984883366919501(C)(3)$20,000$0SHS OLD GYM WINDOW RESTORATION
CAMP CUMMINS ACTIVITY CENTER
241 S BUSINESS IH 35NEW BRAUNFELSTX78130824435855501(C)(3)$20,000$0RAISED BED GARDENS
EZZELL ISD
20500 FM 531HALLETTSVILLETX77964741994944GOV'T ENTITY$20,000$0PLAYGROUND PROJECT
GONZALES COUNTY EMERGENCY MANAGEMENT
1811 WATER STGONZALESTX78629746001003GOV'T ENTITY$20,000$0MOBILE GENERATOR
GUADALUPE VALLEY FAMILY VIOLENCE SHELTER
214 MEDICALSEGUINTX78155742258480501(C)(3)$14,899$0COUNSELLING FACILITY FINISHING
LAVACA MEDICAL CENTER
1400 N TEXANA STHALLETTSVILLETX77964746240037501(C)(3)$20,000$0OUTDOOR FITNESS TRAIL IMPROVEMENT
SPIRIT OF JOY LUTHERAN CHURCH
416 DOLLE AVESEGUINTX781554313274445418501(C)(3)$20,000$0COMMUNITY OUTREACH ENHANCEMENT
CITY OF MOULTON
P O BOX 369MOULTONTX77975746001756GOV'T ENTITY$20,000$0PATROL CAR
DEWITT COUNTY VIETNAM VETERANS OF AMERICA
PO BOX 424YORKTOWNTX78164753269984501(C)(19)$20,000$0HVAC REPLACEMENT
GONZALES DOG ADOPTIONS
PO BOX 192GONZALESTX78629453253427501(C)(3)$20,000$0FACILITY IMPROVEMENT
GONZALES VOLUNTEER FIRE DEPARTMENT
411 SAINT LAWRENCE STGONZALESTX78629474229488501(C)(3)$19,213$0CONFINED SPACE RESCUE OPERATIONS
HALLETTSVILLE ISD
PO BOX 368HALLETTSVILLETX77964746001029GOV'T ENTITY$20,000$0EXTERIOR LIGHTING PROJECT AT HISD
LA VERNIA HISTORIAL ASSOCIATION
PO BOX 513LA VERNIATX78121753028072501(C)(3)$20,000$0OBELISK
SCHERTZ CITIZENS POLICE ACADEMY ALUMNI
PO BOX 951SCHERTZTX78154742635341501(C)(3)$15,566$0DRONE
ST PETER'S LUTHERAN CHURCH OF ANDER
1545 E FM 1961GOLIADTX77963746048830501(C)(3)$20,000$0PICNIC AREA RENOVATION
FieldValueIRS element (for citing)
Total501c3 Org14Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeTO PROVIDE NEEDY INDIVIDUALS WITH BASIC NEEDS SUCH AS FOOD, SHELTER, HEALTH CARE, CLOTHING, UTILITY BILL ASSISTANCE, JOB TRAINING, EDUCATION AND OTHER CHARITABLE CAUSES.GrantTypeTxt
Recipient254RecipientCnt
Cash Grant$45,794CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION WILL KEEP THE FOLLOWING RECORDS REGARDING ALL GRANTS AND DISTRIBUTIONS MADE. 1) A COPY OF THE DISTRIBUTION APPLICATION; 2) THE REQUESTING ORGANIZATION'S TWELVE MONTH OPERATING BUDGET; 3) THE REQUESTING ORGANIZATION'S ITEMIZED BUDGET FOR THE DISTRIBUTION REQUESTED; 4) YEAR END FINANCIAL STATEMENT OF REQUESTING ORGANIZATION; 5) CURRENT (LAST 90 DAYS) FINANCIAL STATEMENTS OF REQUESTING ORGANIZATION; 6) A LIST OF THE BOARD OF DIRECTORS, TRUSTEES, OR OTHER RESPONSIBLE PERSONS OF THE REQUESTING ORGANIZATION; 7) IRS DETERMINATION LETTER REGARDING CODE SECTION 501(C)(3) STATUS OF REQUESTING ORGANIZATION; 8) OUTSIDE INDEPENDENT AUDIT OF REQUESTING ORGANIZATION, IF APPLICABLE; 9) BOARD OF DIRECTORS' MEETING MINUTES APPROVING THE REQUESTING ORGANIZATION'S REQUEST; 10) BOARD OF DIRECTORS OR TRUSTEES' MEETING OF MINUTES OF REQUESTING ORGANIZATION APPROVING APPLICATION FOR DISTRIBUTIONS; 11) SUCH OTHER DOCUMENTATION THE FOUNDATION'S BOARD OF DIRECTORS DEEM ADVISABLE.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
SEAN ALVAREZ
VICE PRESIDENT$0$390,750$0$84,325$0$30,480$0$33,000$0$29,967$0$568,522$0$0
GARY KORN
PRESIDENT$0$290,168$0$42,504$0$18,494$0$33,000$0$22,907$0$407,073$0$0
CEASON BARNICK
SECRETARY/TREASURER$0$211,206$0$21,641$0$12,949$0$24,300$0$28,758$0$298,854$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE J, PART II:FormAndLineReferenceDesc
ExplanationALL COMPENSATION REPORTED ON SCHEDULE J PART II IS RELATED TO THE DIRECTORS' EMPLOYMENT WITH GUADALUPE VALLEY ELECTRIC COOPERATIVE, INC. PER THE BY-LAWS NO DIRECTOR OR MEMBER OF ANY COMMMITTEE OF THE BOARD MAY BE PAID COMPENSATION FOR HIS/HER SERVICE AS A DIRECTOR OR COMMITTEE MEMBER OF THE FOUNDATION.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2DIRECTORS CEASON BARNICK, GARY KORN AND SEAN ALVAREZ HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. THE DIRECTORS ARE EACH KEY EMPLOYEES FOR GUADALUPE VALLEY ELECTRIC COOPERATIVE, INC.
FORM 990, PART VI, SECTION A, LINE 3THE FOUNDATION AND GUADALUPE VALLEY ELECTRIC COOPERATIVE, INC. HAVE SIGNED AN ADMINISTRATIVE SERVICES AGREEMENT WHEREAS THE COOPERATIVE WILL PROVIDE ADMINISTRATIVE SERVICES TO THE FOUNDATION WITH RESPECT TO ACCOUNTING, MARKETING AND ADVERTISING. THERE ARE NO FEES CHARGED FOR THESE SERVICES AS THE COOPERATIVE IS MAKING AN IN-KIND DONATION OF THESE SERVICES TO THE FOUNDATION.
FORM 990, PART VI, SECTION B, LINE 11BTHE BOARD WILL REVIEW THE FORM 990 PRIOR TO ITS FILING.
FORM 990, PART VI, SECTION B, LINE 12CANNUALLY EACH DIRECTOR SHALL SIGN A STATEMENT WHICH AFFIRMS THAT EACH DIRECTOR HAS: 1) RECEIVED A COPY OF THE POLICY; 2) READ AND UNDERSTANDS THE POLICY; 3) AGREES TO COMPLY WITH THE POLICY; 4) UNDERSTANDS THAT THE FOUNDATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE IN ACTIVITIES THAT FURTHER ITS EXEMPT PURPOSE.
FORM 990, PART VI, SECTION C, LINE 19THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL INFORMATION ARE AVAILABLE FOR VIEWING BY THE PUBLIC AT THE FOUNDATION'S OFFICE LOCATED IN GONZALES, TX.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1GUADALUPE VALLEY ELECTRIC COOPERATIVE INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 118AddressLine1Txt
CityGONZALESCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78629ZIPCd
FieldValueIRS element (for citing)
EIN743023938EIN
Primary ActivitiesTO PROVIDE ELECTRIC SERVICE TO MEMBERS ON A COOPERATIVE BASISPrimaryActivitiesTxt
Legal Domicile StateTXLegalDomicileStateCd
Exempt Code Section501(C)(12)ExemptCodeSectionTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1GUADALUPE VALLEY ELECTRIC COOP NA 50000BusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeOTransactionTypeTxt

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