NonprofitsWashington Electric Co-Operative Inc

Washington Electric Co-Operative Inc

E MONTPELIER, VT

Total revenue

$8.2M

Total expenses

$8.2M

Net assets

$26.9M

Grants received

$100K

1 grants

EIN

030165895

Tax year

2024

Mission

To provide residential and commercial electrical service to cooperative members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$514
Investment income$1.3M
Other revenue$6.9M
Total revenue$8.2M

Expenses

Grants paid
Salaries & benefits$1.8M
Fundraising
Other expenses$5.5M
Total expenses$8.2M
Total assets$66.0M
Net assets$26.9M

People

15 listed

NameRoleCompensation

LOUIS PORTER

GENERAL MANA

Board

$167K

41 hrs/wk

MARY JUST SKINNER

VICE PRESIDE

Board

$4K

10 hrs/wk

DONALD DOUGLAS

TREASURER

Board

$4K

21 hrs/wk

STEVE FARNHAM

DIRECTOR

Board

$4K

10 hrs/wk

SUSAN ALEXANDER

DIRECTOR

Board

$4K

4 hrs/wk

STEVE KNOWLTON

PRESIDENT

Board

$3K

20 hrs/wk

ELIZABETH ALLEN

SECTRETARY

Board

$3K

3 hrs/wk

BENJAMIN BARNES

DIRECTOR

Board

$2K

2 hrs/wk

JEAN HAMILTON

DIRECTOR

Board

$2K

2.5 hrs/wk

OLIVIA CAMPBELL

DIRECTOR

Board

$1K

2 hrs/wk

AMOS TURNER

CONSTRUCTION

Staff

$180K

48 hrs/wk

DAVE KRESOCK

DIR OF OPER

Staff

$170K

46 hrs/wk

JASON PRESTON

MAINTENANCE

Staff

$170K

47 hrs/wk

DONALD SINGLETON

LINEWORKER

Staff

$163K

47 hrs/wk

TEIA GREENSLIT

DIR OF FINAN

Staff

$154K

44 hrs/wk

Independent contractors

MATT FOSTER LOGGING AND TREE SERVICE

TREE TRIMMING

$723K

TARRANT GILLIES & SHEMS

$126K

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

EIN030165895
Subsection12
Ruling date1940-06
Formed1939
Employees47
WASHINGTON ELECTRIC CO-OPERATIVE INC — Mission, Financials & Grants Received | Grantivo