NonprofitsMonroe County Electric Coop Inc

Monroe County Electric Coop Inc

WATERLOO, IL

Total revenue

$20.0M

Total expenses

$19.8M

Net assets

$20.2M

Grants received

EIN

370425335

Tax year

2024

Mission

As a member owned organization, Monroe County Electric Cooperatives mission is to provide and maintain quality electric and related services for the benefit and well-being of its members.

Financials

FY 2024

Revenue

Contributions & grants$181K
Program service revenue$19.6M
Investment income$237K
Other revenue$25K
Total revenue$20.0M

Expenses

Grants paid$19K
Salaries & benefits$1.6M
Fundraising
Other expenses$16.8M
Total expenses$19.8M
Total assets$54.5M
Net assets$20.2M

People

17 listed

NameRoleCompensation

Alan Wattles

President & CEO

Board

$234K

44 hrs/wk

Tracy Patton

CFO

Board

$115K

40 hrs/wk

George Obernagel

Director

Board

$8K

3.35 hrs/wk

Amy Hoffman-Rohlfing

Diarector

Board

$7K

1.08 hrs/wk

Richard Neff

Director

Board

$6K

3.61 hrs/wk

Rich Hollis

Director

Board

$6K

0.83 hrs/wk

Greg Gregson

Director

Board

$5K

1.63 hrs/wk

Quent Stenzel

Director

Board

$5K

1.77 hrs/wk

Jeff Hoffmann

Director

Board

$5K

1 hrs/wk

Joel Harres

Director

Board

$4K

0.67 hrs/wk

Suzanne Knake

Director

Board

$2K

0.73 hrs/wk

Larry Kraft

Director

Board

$2K

2.43 hrs/wk

Christopher Scott

Operations Supervisor

Staff

$167K

41 hrs/wk

Robert Gross

Foreman

Staff

$133K

44 hrs/wk

Ronald Rusteberg

Foreman

Staff

$133K

44 hrs/wk

Alisa Wood

VP - Admin

Staff

$131K

40 hrs/wk

Gary Gilbert

Foreman

Staff

$130K

44 hrs/wk

Independent contractors

NISC

Computer Support

$193K

Osmose Utilities

Pole Inspections

$146K

Details

EIN370425335
Subsection12
Ruling date1939-12
Formed1938
Employees30
MONROE COUNTY ELECTRIC COOP INC — Mission, Financials & Grants Received | Grantivo