NonprofitsDarke Rural Electric Cooperative Inc

Darke Rural Electric Cooperative Inc

GREENVILLE, OH

Total revenue

$19.7M

Total expenses

$19.7M

Net assets

$20.0M

Grants received

EIN

344215670

Tax year

2024

Mission

Darke rural electric cooperative, inc. Is an electric cooperative, providing electric service to over 4,370 members in darke, preble and mercer counties in ohio.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$19.2M
Investment income$61K
Other revenue$448K
Total revenue$19.7M

Expenses

Grants paid$6K
Salaries & benefits$2.9M
Fundraising
Other expenses$15.5M
Total expenses$19.7M
Total assets$45.5M
Net assets$20.0M

People

15 listed

NameRoleCompensation

TED HOLSAPPLE

CEO (Retired 1/3/25)

Board

$177K

45.5 hrs/wk

BRAD FLORA

COO (assumed CEO role 1/3/25)

Board

$135K

44 hrs/wk

PAM HOLSAPPLE

CFO

Board

$23K

41 hrs/wk

TOD CARROLL

VICE PRESIDENT BOARD OF TRUSTEES

Board

$11K

5 hrs/wk

ROBERT GODOWN

TRUSTEE

Board

$9K

4 hrs/wk

MATT WEBSTER

PRESIDENT BOARD OF TRUSTEES

Board

$9K

4 hrs/wk

DAVID COONS

TRUSTEE

Board

$8K

4 hrs/wk

STEPHEN VANZANT

TRUSTEE

Board

$8K

4 hrs/wk

MICHELLE MARKER

SECRETARY & TREASURER BOARD OF TRUSTEES

Board

$8K

3 hrs/wk

AARON SIEFRING

TRUSTEE

Board

$6K

2 hrs/wk

JOHN BLINN

LINE FOREMAN

Staff

$139K

41.5 hrs/wk

NILES SWANK

DIRECTOR OF OPERATIONS

Staff

$132K

41.5 hrs/wk

ROY ENDICOTT SR

LINEMAN

Staff

$132K

46.7 hrs/wk

LARRY SCHOLL

LINEMAN

Staff

$128K

46.9 hrs/wk

BRUCE BURKE

DIRECTOR OF ENGINEERING/IT

Staff

$117K

51.1 hrs/wk

Independent contractors

FITZWATER TREE & LAWN CARE

TREE TRIMMING

$428K

THAYER POWER & COMMUNICATION LINE CONSTRUCTION CO

CONTRACT LINEWORK

$317K

Details

EIN344215670
Subsection12
Ruling date1938-10
Formed1936
Employees22
Volunteers0
DARKE RURAL ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo