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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Hancock-Wood Electric Cooperative

Hancock-Wood Electric Cooperative

Fiscal year ending 2019. Filed on February 13, 2020.

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 2019 IRS Form 990 filing, Hancock-Wood Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 46 total employees. Among the employees shown here, the average compensation is $119,361. The highest compensated employee at Hancock-Wood Electric Cooperative is George Walton with fiscal year 2019 compensation of $413,017.

Revenue, expenses, and employee compensation

Revenue

$48,291,125

Expenses

$45,084,812

Employee compensation

$5,629,224
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

George Walton
President and Chief Executive Officer
$413,017
$297,592 No related comp$115,425
William Barnhart
Vice President of Engineering/Operations
$209,601
$153,270 No related comp$56,331
Marcia Stahl
Chief Financial Officer
$186,483
$125,717 No related comp$60,766
Tom Dierksheide
Secretary and Treasurer
$22,125
$22,125 No related compNo other comp
Marlene Barker
Trustee
$1,850
$1,850 No related compNo other comp
Knut Lahrs
Trustee
$1,500
$1,500 No related compNo other comp
Ed Ingold
Trustee
$950
$950 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Thomas Kagy
Chair
$28,875
$28,875 No related compNo other comp
Timothy Phillips
Trustee
$17,750
$17,750 No related compNo other comp
Glenn Miller
Assistant Secretary and Treasurer
$13,950
$13,950 No related compNo other comp
Ed Crawford
Trustee
$12,600
$12,600 No related compNo other comp
David Corbin
Trustee
$12,200
$12,200 No related compNo other comp
William Kale
Vice Chair
$11,050
$11,050 No related compNo other comp
Darmis Ann Demler
Trustee
$10,850
$10,850 No related compNo other comp
Brian Terry
Trustee
$10,500
$10,500 No related compNo other comp
Gene Barker
Trustee
$9,850
$9,850 No related compNo other comp

Contractors

Treecore Complete Tree Service
Row Clearing
$231,583
Perry ProTech
IT Contract Labor
$205,186
Encompass Engineers & Architects Inc
Contract Labor
$152,440
Plant Growth Management Systems
Row Contract Labor
$151,680

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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