NonprofitsSussex Rural Electric Cooperative Inc

Sussex Rural Electric Cooperative Inc

SUSSEX, NJ

Total revenue

$28.1M

Total expenses

$26.4M

Net assets

$26.5M

Grants received

EIN

221317845

Tax year

2024

Mission

To provide electric power to members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$26.1M
Investment income$36K
Other revenue$2.0M
Total revenue$28.1M

Expenses

Grants paid
Salaries & benefits$691K
Fundraising
Other expenses$25.3M
Total expenses$26.4M
Total assets$57.9M
Net assets$26.5M

People

16 listed

NameRoleCompensation

CHRISTOPHER REESE

PRESIDENT/CEO

Board

$279K

40.77 hrs/wk

ALISON STORMES

DIRECTOR OF FINANCE

Board

$161K

40 hrs/wk

JOSEPH BARCA

DIRECTOR

Board

$14K

5 hrs/wk

MICHAEL ABATE

DIRECTOR

Board

$13K

3.25 hrs/wk

RONALD J DUPONT JR

SECRETARY/TREASURER

Board

$11K

9 hrs/wk

JACK HAGGERTY JR

CHAIRMAN

Board

$9K

6 hrs/wk

BARBARA BERGE MILLER

DIRECTOR

Board

$9K

4 hrs/wk

BRAD SPARTA

DIRECTOR

Board

$8K

4 hrs/wk

KAREN MCDOUGAL

DIRECTOR

Board

$7K

3 hrs/wk

WILLIAM KOVACH

VICE-CHAIRMAN

Board

$1K

5.5 hrs/wk

THOMAS E MADSEN

DIRECTOR

Board

4.5 hrs/wk

JEFFREY ROWEN

CHIEF LINEMAN

Staff

$215K

54.18 hrs/wk

JAKE HASERT

FIRST CLASS LINEMAN

Staff

$211K

54.94 hrs/wk

MICHAEL OSBORNE

DIRECTOR OF ENGINEERING AN

Staff

$199K

41.63 hrs/wk

ANTHONY SALOKAS

FIRST CLASS LINEMAN

Staff

$194K

53.25 hrs/wk

THOMAS MORGAN

FIRST CLASS LINEMAN

Staff

$194K

52.88 hrs/wk

Independent contractors

ASPLUNDH TREE EXPERT

TREE TRIMMING

$1.4M

Details

EIN221317845
Subsection12
Ruling date1938-10
Formed1937
Employees49
Volunteers0
SUSSEX RURAL ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo