NonprofitsCanadian Valley Electric Cooperative Inc

Canadian Valley Electric Cooperative Inc

SEMINOLE, OK

Total revenue

$81.9M

Total expenses

$88.7M

Net assets

$85.8M

Grants received

EIN

730171526

Tax year

2024

Mission

To provide retail electric utility service to cooperative members on a not-for-profit basis, primarily in rural areas.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$83.7M
Investment income$835K
Other revenue
Total revenue$81.9M

Expenses

Grants paid
Salaries & benefits$6.1M
Fundraising
Other expenses$77.1M
Total expenses$88.7M
Total assets$241.3M
Net assets$85.8M

People

16 listed

NameRoleCompensation

Gary Highley

CEO

Board

$316K

44 hrs/wk

Josh Holt

COO

Board

$179K

49 hrs/wk

Jamie Scott

Manager of Finance

Board

$152K

44 hrs/wk

Steve Marak

Board Trustee

Board

$17K

18 hrs/wk

Jesse Snyder

Board Trustee - Treasurer

Board

$17K

5 hrs/wk

Joe Semtner

Board Trustee - President

Board

$17K

18 hrs/wk

Robert Schoenecke

Board Trustee - Secretary

Board

$17K

6 hrs/wk

Matt Goodson

Board Trustee

Board

$16K

18 hrs/wk

Clayton Eads

Board Trustee

Board

$16K

10 hrs/wk

Yates Adcock

Board Trustee - Vice President

Board

$15K

5 hrs/wk

JP Duvall

Board Trustee

Board

$13K

5 hrs/wk

Sheila Allgood

General Manager of Broadband

Staff

$162K

42 hrs/wk

Russell Pritchett

GIS Supervisor

Staff

$152K

42 hrs/wk

Logan Azlin

Area Serviceman

Staff

$148K

54 hrs/wk

Don Pak

Manager of IT

Staff

$142K

47 hrs/wk

Jake Smith

Area Serviceman

Staff

$137K

59 hrs/wk

Independent contractors

BENTON TECHNICAL SERVICES

FIBER LINE CONSTRUCTION

$6.0M

P & F EngineeringConstruction

Fiber Construction

$3.1M

RIGGS TREE SERVICE

RIGHT OF WAY TRIMMING

$2.3M

FORCE ELECTRICAL SERVICES

UTILITY CONSTRUCTION

$2.3M

Exodus Energy LLC

Utility Construction

$1.7M

Details

EIN730171526
Subsection12
Ruling date1942-10
Formed1939
Employees111
Volunteers8
CANADIAN VALLEY ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo