NonprofitsHancock-Wood Electric Cooperative

Hancock-Wood Electric Cooperative

N BALTIMORE, OH

Total revenue

$54.1M

Total expenses

$50.6M

Net assets

$81.6M

Grants received

EIN

344253615

Tax year

2024

Mission

To provide premium quality service, economically priced electricity and other utility services to members and community.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$52.8M
Investment income$236K
Other revenue$1.1M
Total revenue$54.1M

Expenses

Grants paid$16K
Salaries & benefits$2.3M
Fundraising
Other expenses$48.3M
Total expenses$50.6M
Total assets$144.4M
Net assets$81.6M

People

18 listed

NameRoleCompensation

William Barnhart

President/CEO

Board

$288K

42.85 hrs/wk

Curtis Croy

COO

Board

$160K

41.03 hrs/wk

Melissa Snyder

CFO

Board

$153K

39.53 hrs/wk

Duane Fry

Secretary/Treasurer

Board

$14K

4.33 hrs/wk

Timothy Phillips

Trustee

Board

$12K

3.85 hrs/wk

Brian Terry

Trustee

Board

$12K

4.18 hrs/wk

Lee Anne Dierksheide

Vice Chairman

Board

$11K

3.51 hrs/wk

William Kale

Chairman (06/25/24)

Board

$11K

4.81 hrs/wk

Ed Crawford

Trustee

Board

$10K

4.71 hrs/wk

Ronald Riegle

Trustee

Board

$9K

1.72 hrs/wk

Charles Beagle

Trustee

Board

$8K

3.85 hrs/wk

Max Rader

Trustee

Board

$8K

3.37 hrs/wk

Gene Baker

Chairman (thru 06/12/24)

Board

$3K

0.58 hrs/wk

Bradley Fisher

Vice President Engineering

Staff

$166K

41.44 hrs/wk

James Casey

Lineman I

Staff

$132K

39.62 hrs/wk

Ryan Marquette

IT Manager

Staff

$131K

42.81 hrs/wk

Allen Riegle

Line Superintendent

Staff

$130K

44.33 hrs/wk

Ryan Stearns

Lineman I

Staff

$123K

41.47 hrs/wk

Independent contractors

VAUGHN INDUSTRIES LLC

ELECTRIC CONTRACTOR

$917K

MCRILL DRILLING

DIRECTIONAL DRILLING

$466K

ASPLUNDH TREE EXPERT LLC

ROW CLEARING

$407K

THE DAVEY TREE EXPERT COMPANY

ROW CLEARING

$159K

Details

EIN344253615
Subsection12
Ruling date1942-03
Formed1938
Employees50
Volunteers0
HANCOCK-WOOD ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo