NonprofitsMacon Electric Cooperative

Macon Electric Cooperative

MACON, MO

Total revenue

$31.3M

Total expenses

$30.8M

Net assets

$33.7M

Grants received

EIN

430388909

Tax year

2024

Mission

Dedicated to providing our member-owners with quality and reliable electric service at the lowest possible cost.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$31.2M
Investment income$107K
Other revenue
Total revenue$31.3M

Expenses

Grants paid$10K
Salaries & benefits$476K
Fundraising
Other expenses$29.6M
Total expenses$30.8M
Total assets$83.0M
Net assets$33.7M

People

18 listed

NameRoleCompensation

Timothy Korman

General Manager/CEO

Board

$173K

50 hrs/wk

Jamie Maupin

CFO

Board

$118K

50 hrs/wk

Richard L Kemp

Secretary-Treasurer

Board

$10K

4 hrs/wk

Mary Almond

Director

Board

$7K

2 hrs/wk

Ben Williams

Director

Board

$7K

3 hrs/wk

Daniel Smithson

Vice President

Board

$6K

2 hrs/wk

William Lear

Director

Board

$6K

2 hrs/wk

Alvin Weimer

Director

Board

$6K

2 hrs/wk

James Collins

President

Board

$6K

3 hrs/wk

Paul Unterbrink

Director

Board

$3K

1 hrs/wk

Robert Hancock

Director

Board

$2K

2 hrs/wk

Larry Abernathy

Director

Board

$2K

3 hrs/wk

Chris Herman

Director

Board

$1K

2 hrs/wk

Kenneth Fuller

Construction Foreman

Staff

$127K

47 hrs/wk

Nick Stueve

Lead Lineman

Staff

$126K

47 hrs/wk

Luke Reitz

Lineman

Staff

$125K

48 hrs/wk

Benjamen Williams

Lineman

Staff

$123K

47 hrs/wk

Trae Adams

Lineman

Staff

$121K

48 hrs/wk

Independent contractors

Scobee Powerline Construction LLC

Line Construction

$1.1M

T and T Tree Service

ROW Maintenance

$1.0M

Anixter Inc

Meter Repairs

$153K

Progressive Solutions LLC

ROW Maintenance

$111K

Details

EIN430388909
Subsection12
Ruling date1941-08
Formed1938
Employees51
Volunteers0
MACON ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo