NonprofitsShelby Electric Cooperative

Shelby Electric Cooperative

SHELBYVILLE, IL

Total revenue

$41.5M

Total expenses

$38.6M

Net assets

$58.0M

Grants received

EIN

370512347

Tax year

2024

Mission

To provide reliable electric power and related services to our members at an affordable cost.

Financials

FY 2024

Revenue

Contributions & grants$2.9M
Program service revenue$38.5M
Investment income$11K
Other revenue$51K
Total revenue$41.5M

Expenses

Grants paid$10K
Salaries & benefits$1.4M
Fundraising
Other expenses$33.7M
Total expenses$38.6M
Total assets$89.2M
Net assets$58.0M

People

15 listed

NameRoleCompensation

Josh M Shallenberger

CEO

Board

$308K

45 hrs/wk

James A Matlock

COO

Board

$149K

45 hrs/wk

Robert Holthaus

Director

Board

$16K

3 hrs/wk

Rob Bullock

Director

Board

$6K

1 hrs/wk

Brent Lively

Director

Board

$6K

2 hrs/wk

Greg Mackling

Director

Board

$6K

1 hrs/wk

David Keown

Director

Board

$6K

2 hrs/wk

Tim Lenz

Director

Board

$5K

1 hrs/wk

Scott Ohmes

Director

Board

$5K

2 hrs/wk

John Gardner

Director

Board

$5K

2 hrs/wk

Nick Dunaway

Director

Board

$4K

1 hrs/wk

Bradley R Wright

Operations

Staff

$155K

45 hrs/wk

Terry L Oldham

Operations

Staff

$147K

45 hrs/wk

Lucas C Morse

Operations

Staff

$144K

45 hrs/wk

Nicholas J Ray

Operations

Staff

$142K

45 hrs/wk

Independent contractors

American Fiber Construction

Fiber Services

$633K

Endrizzi Contracting Inc

Land Clearing

$342K

NISC

SoftwareSupport

$280K

Toth & Associates Inc

Engineering Svc

$227K

JF Electric Inc

Contractor-Fiber

$111K

Details

EIN370512347
Subsection12
Ruling date1939-02
Formed1938
Employees72
SHELBY ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo