NonprofitsGuernsey-Muskingum Electric Coop

Guernsey-Muskingum Electric Coop

NEW CONCORD, OH

Total revenue

$44.4M

Total expenses

$41.3M

Net assets

$54.7M

Grants received

EIN

314197135

Tax year

2024

Mission

The Cooperative operates on a non-profit basis and accounts on patronage basis to all its patrons for all amounts received and receivable from furnishing of electric and other services in excess of cost and expenses with understanding they are furnished by patrons as capital

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$43.4M
Investment income$308K
Other revenue$677K
Total revenue$44.4M

Expenses

Grants paid$6K
Salaries & benefits$4.5M
Fundraising
Other expenses$36.8M
Total expenses$41.3M
Total assets$111.5M
Net assets$54.7M

People

10 listed

NameRoleCompensation

Brian Hill

General Manager/CEO

Board

$200K

40 hrs/wk

Susan L Harper

Director

Board

$16K

11.1 hrs/wk

Jay Gray

Director

Board

$14K

9.1 hrs/wk

Matt Carpenter

Chairman

Board

$13K

8.2 hrs/wk

Maureen Riley

Secretary-Treasury

Board

$12K

7.7 hrs/wk

Edward G Bay

Vice Chair

Board

$12K

6.8 hrs/wk

A Duane Parks

Director

Board

$10K

5.7 hrs/wk

Mark Gotschall

Director

Board

$9K

7.6 hrs/wk

Kenneth Tolliver

Operations Manager

Staff

$193K

40 hrs/wk

Andy Bone

Controller

Staff

$150K

40 hrs/wk

Independent contractors

Asplundh Tree Expert Co

Right-of-way Tree Trimming

$1.8M

Davey Tree Expert Company

Right-of-way Tree Trimming

$978K

Davis H Elliot Co

Construction Electric Distribution

$845K

New River

Construction Electric Distribution

$586K

Lost Time Control West Inc

Pole Inspection & Treatment

$132K

Details

EIN314197135
Subsection12
Ruling date1943-02
Formed1938
Employees44
Volunteers0
GUERNSEY-MUSKINGUM ELECTRIC COOP — Mission, Financials & Grants Received | Grantivo