NonprofitsRed River Valley Rural Electric Association

Red River Valley Rural Electric Association

MARIETTA, OK

Total revenue

$48.7M

Total expenses

$48.7M

Net assets

$47.4M

Grants received

EIN

730417655

Tax year

2024

Mission

To provide electricity to members on a cooperative basis

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$48.5M
Investment income$91K
Other revenue$99K
Total revenue$48.7M

Expenses

Grants paid$25K
Salaries & benefits$1.6M
Fundraising
Other expenses$43.0M
Total expenses$48.7M
Total assets$97.8M
Net assets$47.4M

People

16 listed

NameRoleCompensation

MIKE MATHIS

CEO

Board

$210K

50 hrs/wk

PEPPER MELTON

Asst SecTreasurer

Board

$34K

10 hrs/wk

KING MARTIN

VicePresident

Board

$34K

10 hrs/wk

ALLEND WADE

Director

Board

$33K

7 hrs/wk

PHILLIP LANDGRAF

President

Board

$29K

10 hrs/wk

LARRY HICKS

Director

Board

$28K

7 hrs/wk

BRIAN MUNCRIEF

SecretaryTreasurer

Board

$23K

10 hrs/wk

JERRY MCGILL

Director

Board

$17K

7 hrs/wk

JOHNNY DEWBRE

Director

Board

$15K

7 hrs/wk

MELISSA GRACE

Director

Board

$9K

7 hrs/wk

HAROLD LESTER

Director

Board

$9K

7 hrs/wk

GREG WINCHESTER

VP of Eng Ops

Staff

$139K

50 hrs/wk

SHELBY HARRIS

VP of Finance

Staff

$132K

50 hrs/wk

CHASE MCKINNEY

Lineman

Staff

$131K

55 hrs/wk

JERRY WELCH

Director of Operations

Staff

$126K

50 hrs/wk

ROBERT SPANGLO

Service Supervisor

Staff

$124K

58 hrs/wk

Independent contractors

Force Electrical Services

Line Construction

$1.4M

Cornerstone Electrical Svc

Line Construction Contract

$1.1M

Brent Smith Services

Right of Way Maintenance

$842K

Highwire Tree Service LLC

Right of Way Maintenance

$209K

C-Green Weed Control

Right of Way Maintenance

$185K

Details

EIN730417655
Subsection12
Ruling date1941-04
Formed1937
Employees49
RED RIVER VALLEY RURAL ELECTRIC ASSOCIATION — Mission, Financials & Grants Received | Grantivo