NonprofitsHolston Electric Cooperative Inc

Holston Electric Cooperative Inc

ROGERSVILLE, TN

Total revenue

$110.2M

Total expenses

$110.2M

Net assets

$112.5M

Grants received

EIN

620238497

Tax year

2024

Mission

At Holston Electric Cooperative, our mission is to provide safe, dependable electric service to our member-owners at a reasonable cost.

Programs

1 program

Holston Electric Cooperative operates it's wholly owned subsidiary, HolstonConnect, LLC, to provide rural broadband services (Internet, Telephone and Televison) to the current footprint of the Electric Cooperative. The most recent customer count is approximately 14,000 customers.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$107.3M
Investment income$800K
Other revenue$2.1M
Total revenue$110.2M

Expenses

Grants paid
Salaries & benefits$813K
Fundraising
Other expenses$101.3M
Total expenses$110.2M
Total assets$158.7M
Net assets$112.5M

People

14 listed

NameRoleCompensation

James B Sandlin

General Manager

Board

$352K

55 hrs/wk

Shannon Bellamy

Director of Finance and Hu

Board

$210K

50 hrs/wk

Mark Derrick

Director

Board

$19K

8.4 hrs/wk

Phil Barrett

Director/Vice President

Board

$16K

4.6 hrs/wk

David Marshall

Director/Secretary/Treasur

Board

$16K

5.1 hrs/wk

Crystal Price

Director

Board

$15K

5.1 hrs/wk

Gordell Ely

Director

Board

$14K

4.5 hrs/wk

Jeff Ringley

Director/President

Board

$12K

3.6 hrs/wk

Jerry Horner

Director

Board

$11K

3.2 hrs/wk

Nathan Franklin

Director of Engineering

Staff

$173K

50 hrs/wk

James Glenn Risner

Foreman

Staff

$164K

50 hrs/wk

Renn Lawson

Foreman

Staff

$160K

50 hrs/wk

Sammy W Trent

Director of Broadband Operations

Staff

$155K

50 hrs/wk

REX COLE

Foreman

Staff

$146K

50 hrs/wk

Independent contractors

Carpenter's Pro Tree Service Inc

Tree Trimming

$2.1M

Couch-Price Tree Service

Tree Trimming

$1.9M

Premier Comm Technologies

Fiber Construction

$1.7M

Galloway Construction

Electric Line Construction

$1.5M

Lutrell Staffing Group

Staffing Agency

$433K

Details

EIN620238497
Subsection12
Ruling date1943-08
Formed1940
Employees107
Volunteers0
HOLSTON ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo