NonprofitsVerdigris Valley Electric Cooperative Incorporated

Verdigris Valley Electric Cooperative Incorporated

COLLINSVILLE, OK

Total revenue

$93.6M

Total expenses

$93.6M

Net assets

$105.0M

Grants received

EIN

730495962

Tax year

2024

Mission

To provide reliable electric service to the members/owners at a reasonable cost

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$93.1M
Investment income$203K
Other revenue$322K
Total revenue$93.6M

Expenses

Grants paid
Salaries & benefits$3.8M
Fundraising
Other expenses$81.0M
Total expenses$93.6M
Total assets$238.5M
Net assets$105.0M

People

20 listed

NameRoleCompensation

ALICE HOUSTON

GENERAL MANA

Board

$356K

40 hrs/wk

MICHAEL HALL

COO / CAO

Board

$322K

40 hrs/wk

FLORIENE PROCK

CFO

Board

$171K

40 hrs/wk

JIMMY LAMBERT

TRUSTEE

Board

$53K

14 hrs/wk

JACK BOGART

TRUSTEE

Board

$43K

10 hrs/wk

JIMMY BRACKETT

TREASURER

Board

$42K

12 hrs/wk

DENNIS LENOX

VICE PRESIDE

Board

$40K

10 hrs/wk

JOHN HIBDON

TRUSTEE

Board

$38K

8 hrs/wk

CHARLES HUERTER

TRUSTEE

Board

$29K

15 hrs/wk

KEN HOWARD

PRESIDENT

Board

$24K

8 hrs/wk

VERNON LEWIS

TRUSTEE

Board

$22K

16 hrs/wk

BUDDY MCCARTY

TRUSTEE

Board

$7K

12 hrs/wk

JOHN BROGAN

TRUSTEE

Board

$600

8 hrs/wk

DONALD HUTCHINSON

KEY ACCT/GOV

Staff

$261K

40 hrs/wk

ROGER SALISBURY

LINEMAN

Staff

$217K

40 hrs/wk

DANNY BEMENT

DIR OPERATIO

Staff

$205K

40 hrs/wk

SHANNON BREWER

ENERGY AUDIT

Staff

$199K

40 hrs/wk

KIMBERLY LOFFER

EXC SECR./ME

Staff

$199K

40 hrs/wk

MARLIN BARNHART

ASSIST TO CO

Staff

$197K

40 hrs/wk

KEITH DELOZIER

ENGINEER

Staff

$194K

40 hrs/wk

Independent contractors

XYLEM

RIGHT OF WAY

$1.7M

HARDIN TREE SERVICE

RIGHT OF WAY

$1.3M

BAKER TRENCHING

TRENCHING

$532K

MID-CON ENERGY SERVICE INC

POWERLINE CONST

$402K

CAPITAL ELECTRIC

POWERLINE CONST

$399K

Details

EIN730495962
Subsection12
Ruling date1940-05
Formed1938
Employees101
VERDIGRIS VALLEY ELECTRIC COOPERATIVE INCORPORATED — Mission, Financials & Grants Received | Grantivo