NonprofitsVermont Electric Cooperative Inc

Vermont Electric Cooperative Inc

JOHNSON, VT

Total revenue

$103.9M

Total expenses

$103.9M

Net assets

$97.3M

Grants received

$100K

1 grants

EIN

030164375

Tax year

2024

Mission

Vermont electric cooperative is a member owned not-for-profit utility whose mission is to provide safe, affordable, and reliable energy services to its members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$97.6M
Investment income$6.4M
Other revenue
Total revenue$103.9M

Expenses

Grants paid
Salaries & benefits$13.7M
Fundraising
Other expenses$85.7M
Total expenses$103.9M
Total assets$233.6M
Net assets$97.3M

People

20 listed

NameRoleCompensation

REBECCA TOWNE

CEO

Board

$291K

52 hrs/wk

CAROLINE MASHIA

CFO

Board

$207K

50 hrs/wk

PETER ROSSI

COO

Board

$198K

50 hrs/wk

GEORGE LAGUE

DIRECTOR

Board

$9K

6 hrs/wk

PAUL LAMBERT

1ST VICE PRE

Board

$9K

3 hrs/wk

KEN HOEPPNER

DIRECTOR

Board

$8K

4 hrs/wk

CAROL MARONI

2ND VICE PRE

Board

$8K

3 hrs/wk

RICH GOGGIN

PRESIDENT

Board

$7K

6 hrs/wk

CHARLIE VAN WINKLE

TREASURER

Board

$6K

8 hrs/wk

THOMAS BAILEY

DIRECTOR

Board

$6K

5 hrs/wk

MARK WOODWARD

DIRECTOR

Board

$6K

6 hrs/wk

JODY DUNKLEE

SECRETARY

Board

$5K

3 hrs/wk

BONNIE PRATT

DIRECTOR

Board

$5K

2 hrs/wk

JEFFERY WILSON

DIRECTOR

Board

$4K

4 hrs/wk

DON WORTH

DIRECTOR

Board

$3K

3 hrs/wk

MARK HINTON

1ST CLASS LI

Staff

$256K

60 hrs/wk

JOSHUA MCCOY

1ST CLASS LI

Staff

$238K

57 hrs/wk

CHAD LANOU

1ST CLASS LI

Staff

$221K

54 hrs/wk

TRAVIS ELWOOD

1ST CLASS LI

Staff

$221K

52 hrs/wk

JESSEE SWEET

1ST CLASS LI

Staff

$215K

55 hrs/wk

Independent contractors

TTS TREE SERVICE LLC

TREE CLEARING

$2.9M

TREES LLC

TREE CLEARING

$1.4M

H BROS TREE SERVICE LLC

TREE CLEARING

$1.4M

RIGGS DISTLER & COMPANY INC

CONSTRUCTION

$1.3M

JCR CONSTRUCTION CO INC

CONSTRUCTION

$898K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$100K
Energy efficiency low income VT
2022

Funded by

$100K from 1 funder · 1 grant · 2022

Vermont Low Income Trust For

$100K · 1 grant · 2022

Details

EIN030164375
Subsection12
Ruling date1940-09
Formed1938
Employees119
VERMONT ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo