Hancock-Wood Electric Cooperative

Fiscal year ending 2025. Filed on August 13, 2025.

1399 Business Park Drive South
North Baltimore, Ohio 45872

Hancock-Wood Electric Cooperative (EIN: 34-4253615) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2025 IRS Form 990 filing, Hancock-Wood Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 50 total employees. Among the employees shown here, the average compensation is $224,517. The highest compensated employee at Hancock-Wood Electric Cooperative is William Barnhart with fiscal year 2025 compensation of $377,644.

Revenue, expenses, and employee compensation

Revenue

$54,094,504

Expenses

$50,571,156

Employee compensation

$2,303,238

Reported Compensated Employees

William Barnhart

President and Chief Executive Officer

$287,727 from orgNo related comp$89,917 other

＋16.5%vs 2024

Vice President, Engineering

$166,251 from orgNo related comp$76,415 other

＋21.3%vs 2024

Chief Financial Officer

$153,133 from orgNo related comp$78,495 other

＋11.3%vs 2024

Chief Operating Officer

$160,394 from orgNo related comp$54,653 other

$131,425 from orgNo related comp$66,620 other

Line Superintendent

$130,458 from orgNo related comp$64,137 other

$122,942 from orgNo related comp$49,598 other

＋11.6%vs 2024

$132,006 from orgNo related comp$31,966 other

Non-Employee Board Members

Secretary and Treasurer

$14,050 from orgNo related compNo other comp

－19.4%vs 2024

Timothy Phillips

$11,600 from orgNo related compNo other comp

＋30.7%vs 2024

$11,500 from orgNo related compNo other comp

Lee Anne Dierksheide

$10,975 from orgNo related compNo other comp

Chairman (06/25/24)

$10,725 from orgNo related compNo other comp

$10,100 from orgNo related compNo other comp

$9,400 from orgNo related compNo other comp

－13.3%vs 2024

$8,450 from orgNo related compNo other comp

$7,650 from orgNo related compNo other comp

－83.1%vs 2024

Chairman (Thru 06/12/24)

$2,700 from orgNo related compNo other comp

Contractors

－39.2%vs 2024

Vaughn Industries LLC

Electric Contractor

＋63.8%vs 2024

Mcrill Drilling

Directional Drilling

－33.7%vs 2024

Asplundh Tree Expert LLC

The Davey Tree Expert Company

Mission Statement

TO PROVIDE PREMIUM QUALITY SERVICE, ECONOMICALLY PRICED ELECTRICITY AND OTHER UTILITY SERVICES TO OUR MEMBERS AND COMMUNITY.

Revisions to this organization profile

August 13, 2025:

2025 Hancock-Wood Electric Cooperative 990 filed

July 25, 2024:

2024 Hancock-Wood Electric Cooperative 990 filed

August 2, 2023:

2023 Hancock-Wood Electric Cooperative 990 filed

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