NonprofitsVolunteer Energy Cooperative

Volunteer Energy Cooperative

DECATUR, TN

Total revenue

$314.8M

Total expenses

$305.0M

Net assets

$315.4M

Grants received

EIN

620395590

Tax year

2024

Mission

To provide electric energy and related services to rural areas. The cooperative services 129,672 customers.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$308.4M
Investment income$1.4M
Other revenue$5.0M
Total revenue$314.8M

Expenses

Grants paid
Salaries & benefits$13.9M
Fundraising
Other expenses$291.1M
Total expenses$305.0M
Total assets$394.5M
Net assets$315.4M

People

22 listed

NameRoleCompensation

DION COOPER

PRESIDENT/CE

Board

$379K

60 hrs/wk

MARK VERSTYNEN

VP ACCOUNTIN

Board

$191K

55 hrs/wk

KENNETH CAREY JR

DIRECTOR

Board

$22K

19 hrs/wk

PHILIP SMITH

DIRECTOR

Board

$18K

4.5 hrs/wk

LARRY STORIE

DIRECTOR

Board

$18K

10 hrs/wk

JOHN BUCHANAN

DIRECTOR

Board

$17K

2 hrs/wk

JERRY HENLEY

DIRECTOR

Board

$16K

1 hrs/wk

MIKE FRAZIER

DIRECTOR

Board

$15K

3 hrs/wk

SAMMY NORTON

SECRETARY/TR

Board

$15K

4 hrs/wk

WILLIAM J CAMPBELL

VICE-CHAIRMA

Board

$15K

5 hrs/wk

KEITH PHILLIPS

DIRECTOR

Board

$15K

10 hrs/wk

TIM HANDLER

ASST SEC/TRE

Board

$15K

10 hrs/wk

AUBIE SMITH

CHAIRMAN

Board

$14K

3 hrs/wk

DAVID J MILEN

DIRECTOR

Board

$11K

5 hrs/wk

DUSTIN BATES

LINEMAN

Staff

$201K

66 hrs/wk

MATTHEW TEAGUE

VP OF ENGINE

Staff

$195K

55 hrs/wk

MICHAEL BICE

LINEMAN

Staff

$191K

66 hrs/wk

KAREN DAVIS

VP OF INFO.

Staff

$178K

50 hrs/wk

BYRON ZEIGLER

SUBSTATION F

Staff

$175K

60 hrs/wk

WENDELL TERRELL

LINEMAN

Staff

$172K

63 hrs/wk

DANIEL TUTTLE

LINEMAN

Staff

$162K

59 hrs/wk

JASON DYE

VP OF SYSTEM

Staff

$153K

55 hrs/wk

Independent contractors

SERVICE ELECTRIC COMPANY

LINE CONSTRUCTI

$9.6M

WAKENDALL AND COMPANY LLC

ROW TRIMMING

$6.1M

MPS LLC

LINE CONSTRUCTI

$5.2M

GALLOWAY CONSTRUCTION LLC

FIBER CONSTRUCT

$2.1M

T COM LLC

FIBER CONSTRUCT

$1.2M

Details

EIN620395590
Subsection12
Ruling date1956-06
Formed1935
Employees178
VOLUNTEER ENERGY COOPERATIVE — Mission, Financials & Grants Received | Grantivo