NonprofitsSpoon River Electric Co-Operative Incorporated

Spoon River Electric Co-Operative Incorporated

CANTON, IL

Total revenue

$12.5M

Total expenses

$11.8M

Net assets

$19.4M

Grants received

EIN

370527067

Tax year

2024

Mission

To make the satisfaction of our members or number one priority. To continue our core business of providing reliable electric service to our members. To maintain the fiscal stability of the organization. To provide other products and services t our members that enhance their quality of life.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$12.4M
Investment income$60K
Other revenue
Total revenue$12.5M

Expenses

Grants paid
Salaries & benefits$351K
Fundraising
Other expenses$11.4M
Total expenses$11.8M
Total assets$39.5M
Net assets$19.4M

People

19 listed

NameRoleCompensation

Joshua DeWees

CEO

Board

$148K

41 hrs/wk

Mary Bartley

CFO & Office Manager

Board

$65K

41 hrs/wk

Chad Riney

Controller

Board

$19K

41 hrs/wk

Bernard Marvel

President

Board

$7K

7 hrs/wk

Dan Williams

Director

Board

$5K

4 hrs/wk

Joe Davis

Director

Board

$5K

7 hrs/wk

John Disharoon

Director

Board

$4K

6 hrs/wk

Wesley Strode

Vice President

Board

$3K

4 hrs/wk

Kurt Duncan

Director

Board

$3K

3 hrs/wk

Jack Clark

Secretary

Board

$2K

4 hrs/wk

JoDee Pedigo

Treasurer

Board

$2K

3 hrs/wk

Lyle Nelson

Director

Board

$2K

3 hrs/wk

Louis Gray

Lineman

Staff

$158K

41 hrs/wk

Tyler Fulton

Jny Lineman

Staff

$135K

41 hrs/wk

Paul Moffitt

Jny Lineman

Staff

$132K

41 hrs/wk

Jared Lascelles

Jny Lineman

Staff

$132K

41 hrs/wk

Mark Procarione

Operations Mgr

Staff

$124K

41 hrs/wk

Trent Ross

Jny Lineman

Staff

$119K

41 hrs/wk

William Sego

Line Foreman

Staff

$116K

41 hrs/wk

Details

EIN370527067
Subsection12
Ruling date1940-05
Formed1939
Employees37
Volunteers0
SPOON RIVER ELECTRIC CO-OPERATIVE INCORPORATED — Mission, Financials & Grants Received | Grantivo