NonprofitsEastern Maine Electric Cooperative Inc

Eastern Maine Electric Cooperative Inc

CALAIS, ME

Total revenue

$18.4M

Total expenses

$18.4M

Net assets

$15.3M

Grants received

EIN

010056837

Tax year

2024

Mission

EMEC is a non-profit consumer owned electric utility serving parts of Aroostook, Penobscot & Washington Counties on Maine's eastern border with Canada.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$18.0M
Investment income$417K
Other revenue
Total revenue$18.4M

Expenses

Grants paid
Salaries & benefits$2.8M
Fundraising
Other expenses$15.1M
Total expenses$18.4M
Total assets$54.8M
Net assets$15.3M

People

18 listed

NameRoleCompensation

Scott M Halowell

Chief Executive Officer

Board

$280K

50 hrs/wk

Warren Moholland

Chief Financial Officer

Board

$126K

45 hrs/wk

John L Gallant

Board Member

Board

$7K

3 hrs/wk

R Scott Skinner

President

Board

$7K

4 hrs/wk

Timothy R Peters

Board Member

Board

$7K

3 hrs/wk

David A Johnson

Board Member

Board

$7K

3 hrs/wk

David A Harbison

Board Member

Board

$7K

4 hrs/wk

John Leighton

Board Member

Board

$7K

1 hrs/wk

Dana R Hatton

Board Member

Board

$6K

1 hrs/wk

Lawrence E Clark

Treasurer

Board

$3K

1 hrs/wk

John Larkin

Secretary

Board

$3K

2 hrs/wk

Earl Hill Jr

Vice President

Board

$3K

1 hrs/wk

Dwayne Young

Board Member

Board

$2K

2 hrs/wk

Ralph Staples

Vice President

Board

$500

0

Andrew M Tickle

Manager of Engineering

Staff

$169K

45 hrs/wk

Charles E McAlpin

Manager of Member Services

Staff

$146K

45 hrs/wk

Michael Carrier

Manager of Operations

Staff

$144K

45 hrs/wk

Elery Beale

Manager of Information Technology

Staff

$138K

45 hrs/wk

Independent contractors

Langille Construction

Line work

$153K

Lucas Tree Experts

Line Trimming

$151K

Bull Trucking

Tree Mulching

$125K

Details

EIN010056837
Subsection12
Ruling date1964-06
Formed1940
Employees35
Volunteers0
EASTERN MAINE ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo