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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 2020. Filed on February 15, 2021.

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 2020 IRS Form 990 filing, Hancock-Wood Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 48 total employees. Among the employees shown here, the average compensation is $124,055. The highest compensated employee at Hancock-Wood Electric Cooperative is George Walton with fiscal year 2020 compensation of $438,127.

Revenue, expenses, and employee compensation

Revenue

$46,264,381

Expenses

$43,079,980

Employee compensation

$5,746,526
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

George Walton
President and Chief Executive Officer
$438,127
$306,668 No related comp$131,459
William Barnhart
Vice President of Engineering/Operations
$225,328
$157,543 No related comp$67,785
Marcia Stahl
Chief Financial Officer
$74,974
$61,320 No related comp$13,654
Tom Dierksheide
Secretary and Treasurer
$2,500
$2,500 No related compNo other comp
David Corbin
Trustee
$2,400
$2,400 No related compNo other comp
Glenn Miller
Assistant Secretary and Treasurer
$1,000
$1,000 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Thomas Kagy
Chair
$21,100
$21,100 No related compNo other comp
Ed Crawford
Secretary and Treasurer
$17,250
$17,250 No related compNo other comp
Timothy Phillips
Trustee
$17,200
$17,200 No related compNo other comp
William Kale
Vice Chair
$13,150
$13,150 No related compNo other comp
Brian Terry
Trustee
$12,400
$12,400 No related compNo other comp
Lee Anne Dierksheide
Assistant Secretary and Treasurer
$11,100
$11,100 No related compNo other comp
Gene Barker
Trustee
$10,450
$10,450 No related compNo other comp
Duane Fry
Trustee
$10,400
$10,400 No related compNo other comp
Darmis Ann Demler
Trustee
$9,900
$9,900 No related compNo other comp
Ronald Riegle
Trustee
$9,350
$9,350 No related compNo other comp

Contractors

Vaughn Industries LLC
Electric Contractor
$1,174,478
Perry ProTech
IT Contract Labor
$284,877
Encompass Engineers & Architects Inc
Contract Labor
$211,028
Treecore Complete Tree Service
Row Clearing
$167,693
Plant Growth Management Systems
Row Contract Labor
$149,478

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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