NonprofitsWashington-St Tammany Electric Cooperative Inc 1570

Washington-St Tammany Electric Cooperative Inc 1570

FRANKLINTON, LA

Total revenue

$124.8M

Total expenses

$123.3M

Net assets

$59.8M

Grants received

EIN

726027617

Tax year

2024

Mission

To provide safe reliable and cost effective electric utility service to cooperative members in Southeast Louisiana and Southern Mississippi.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$124.8M
Investment income
Other revenue
Total revenue$124.8M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$123.3M
Total expenses$123.3M
Total assets$292.6M
Net assets$59.8M

People

16 listed

NameRoleCompensation

Dane Hocott

General Manager and CEO

Board

$241K

50 hrs/wk

Walter Sylvest

Manager of Finance and Administration

Board

$180K

45 hrs/wk

Charles Graves

Board Member

Board

$38K

8 hrs/wk

Charles Singletary

Board Member

Board

$38K

4 hrs/wk

Francis Cefalu

Board President

Board

$35K

4 hrs/wk

Billy Rester

Board Member

Board

$29K

8 hrs/wk

Dennis Glass

Board Vice President

Board

$21K

10 hrs/wk

Glenn Magee

Treasurer

Board

$19K

8 hrs/wk

Joeseph Jarrell

Board Member

Board

$9K

10 hrs/wk

Olander Smith

Board Secretary

Board

$6K

10 hrs/wk

Frederick Smith

Board Member

Board

$6K

5 hrs/wk

Ricky Simpson

Lineman

Staff

$148K

50 hrs/wk

Bryan Jones

Manager of Engineering

Staff

$147K

45 hrs/wk

Daniel Anthony

Lineman

Staff

$144K

54 hrs/wk

Grayden McDaniel

Lineman

Staff

$144K

54 hrs/wk

Kenneth Boudreaux

Lineman

Staff

$144K

50 hrs/wk

Independent contractors

Creel Brothers Inc

Right of Way Clearing

$5.8M

Chain Electric Company

Powerline Construction

$4.2M

Power Distributon Services LLC

Power Line Construction

$2.9M

Lewis Service Inc

Labor Contactor

$1.3M

Jerdan Services LLC

Right of Way Spraying/Mowing

$406K

Details

EIN726027617
Subsection12
Ruling date1939-06
Formed1938
Employees102
Volunteers0
WASHINGTON-ST TAMMANY ELECTRIC COOPERATIVE INC 1570 — Mission, Financials & Grants Received | Grantivo