Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 58-0224655

GREYSTONE POWER CORPORATION AN ELECTRIC MEMBERSHIP CORPORATION

Tax-exempt · DOUGLASVILLE, GA 30133

Financials

$335.8M$334.7M2023$378.8M$380.6M2024
Revenue Expenses · by fiscal year end
Financials of GREYSTONE POWER CORPORATION AN ELECTRIC MEMBERSHIP CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$378,815,590$380,563,202-$1,747,612$815,281,281$499,085,257$316,196,024
December 31, 2023990$335,819,345$334,706,732$1,112,613$740,552,739$435,372,974$305,179,765
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$373,467,865
Investment income
$2,824,875
Royalties
$512,099
Other revenue
$2,522,850

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$24,468,691
Compensation of officers, directors and key employees
$1,421,050
Salaries, compensation and benefits (total)
$1,421,050
Professional fundraising fees
$0
Depreciation
$24,589,391

Balance sheet and other

Total assets, start of year
$740,552,739
Total assets, end of year
$815,281,281
Total liabilities, end of year
$499,085,257
Net assets, end of year
$316,196,024
Land, buildings and equipment
$616,722,710
Gross unrelated business income
$1,863,531
Gross receipts
$378,815,590
Employees
328
Year formed
1936
State of legal domicile
GA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
GARY A MILLERPRESIDENT &
Officer
50$878,647$269,390
MICHAEL MOOREVP-SPECIAL P
Highest-paid employee
50$348,040$83,342
TIMOTHY WILLIAMSVP CORP/EXT.
Highest-paid employee
50$314,155$114,840
KARA T PEARSONCFO
Highest-paid employee
50$338,350$84,530
DAVID JOHNSONCOO
Highest-paid employee
50$328,337$86,577
JAMES WRIGHTVP-CORPORATE
Highest-paid employee
50$326,072$73,239
JIM JOHNSDIRECTOR
Trustee or director
8.1$33,626$0
CHARISSE BRAXTONDIRECTOR
Trustee or director
3.23$31,856$0
MILTON JONESDIRECTOR
Trustee or director
3.88$30,337$0
DAVID HAGENOWVICE CHAIRMA
Trustee or director, Officer
4$30,259$0
GENEVIEVE B COLECHAIRMAN
Trustee or director, Officer
5.94$30,128$0
NEAL DETTMERINGDIRECTOR
Trustee or director
5.35$30,107$0
MARIBETH WANSLEYDIRECTOR
Trustee or director
3.96$29,459$0
BILLY MAYHEWSECRETARY/TR
Trustee or director, Officer
5.42$28,976$0
JOHN A WALTONDIRECTOR
Trustee or director
2.79$28,264$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
GARY A MILLERPRESIDENT &
Officer
50$814,098$251,475
KARA T PEARSONVP-FINANCIAL
Highest-paid employee
50$330,154$80,413
MICHAEL MOOREVP-POWER SUP
Highest-paid employee
50$326,436$79,449
DAVID JOHNSONVP-O&E
Highest-paid employee
50$307,572$81,838
JAMES WRIGHTVP-CORPORATE
Highest-paid employee
50$302,422$77,251
NADIA FAUCETTEVP ENGINEERI
Highest-paid employee
50$325,285$48,093
JIM JOHNSCHAIRMAN
Trustee or director, Officer
7.46$30,581$0
DAVID HAGENOWSECRETARY/TR
Trustee or director, Officer
5.52$28,612$0
MILTON JONESDIRECTOR
Trustee or director
4.84$27,701$0
GENEVIEVE B COLEVICE CHAIRMA
Trustee or director, Officer
4.53$27,554$0
NEAL DETTMERINGDIRECTOR
Trustee or director
5.35$27,510$0
CHARISSE BRAXTONDIRECTOR
Trustee or director
3.06$26,507$0
BILLY MAYHEWDIRECTOR
Trustee or director
6.25$26,126$0
MARIBETH WANSLEYDIRECTOR
Trustee or director
3.9$26,060$0
JOHN A WALTONDIRECTOR
Trustee or director
3.29$25,815$0

Address and contacts

Address (IRS master file)
PO BOX 897, DOUGLASVILLE, GA 30133-0897
Principal officer (990 for 2024)
GARY A MILLER, PO BOX 897, DOUGLASVILLE, GA 30133
Signed the 990
GARY A MILLER, PRESIDENT & CEO
Phone
(770) 942-6576
Return prepared by
MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC

Mission

MAKING LIFE BETTER IN THE COMMUNITIES WE SERVE.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE WITHIN THE SYSTEM AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.
    Expenses $377,757,205
  • TO PROVIDE BROADBAND SERVICES TO THE UNSERVED AND UNDERSERVED MEMBERS OF GREYSTONE POWER CORPORATION THROUGH GREYSTONE CONNECT, LLC, A SINGLE MEMBER LIMITED LIABILITY COMPANY.
    Expenses $2,805,997

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
58-0224655
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1938
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$815,281,281
Income (IRS master file)
$378,815,590

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$378,815,590$380,563,202$815,281,281XML
990December 2023$335,819,345$334,706,732$740,552,739XML
990December 2022$337,482,416$337,482,416$657,153,120IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-0224655).

Questions about GREYSTONE POWER CORPORATION AN ELECTRIC MEMBERSHIP CORPORATION

What is the EIN of GREYSTONE POWER CORPORATION AN ELECTRIC MEMBERSHIP CORPORATION?
The employer identification number (EIN) of GREYSTONE POWER CORPORATION AN ELECTRIC MEMBERSHIP CORPORATION is 58-0224655.
Is GREYSTONE POWER CORPORATION AN ELECTRIC MEMBERSHIP CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1938.
Are donations to GREYSTONE POWER CORPORATION AN ELECTRIC MEMBERSHIP CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GREYSTONE POWER CORPORATION AN ELECTRIC MEMBERSHIP CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GREYSTONE POWER CORPORATION AN ELECTRIC MEMBERSHIP CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREYSTONE POWER CORPORATION AN ELECTRIC MEMBERSHIP CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GREYSTONE POWER CORPORATION AN ELECTRIC MEMBERSHIP CORPORATION?
The 990 for the year ended December 31, 2024 names GARY A MILLER.
Who are the officers and directors of GREYSTONE POWER CORPORATION AN ELECTRIC MEMBERSHIP CORPORATION?
The 990 for the year ended December 31, 2024 lists 15 people; 15 received compensation from the organization, the highest $878,647 (GARY A MILLER, PRESIDENT &).
How much revenue does GREYSTONE POWER CORPORATION AN ELECTRIC MEMBERSHIP CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $378,815,590, expenses of $380,563,202 and total assets of $815,281,281 at year end.

Other nonprofits in DOUGLASVILLE

All nonprofits in DOUGLASVILLE · Georgia