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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 Owen Electric Cooperative Inc.

Owen Electric Cooperative Inc.

Fiscal year ending 2021. Filed on May 5, 2022.

PO Box 400
Owenton, Kentucky 40359

Owen Electric Cooperative Inc. (EIN: 61-0299615) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2021 IRS Form 990 filing, Owen Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 136 total employees. Among the employees shown here, the average compensation is $212,057. The highest compensated employee at Owen Electric Cooperative Inc. is Michael L Cobb with fiscal year 2021 compensation of $366,678.

Revenue, expenses, and employee compensation

Revenue

$184,758,521

Expenses

$184,758,521

Employee compensation

$11,020,074
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael L Cobb
President and Chief Executive Officer
$366,678
$296,611 No related comp$70,067
James R Williams
Senior Vice President of Operations and Technology
$233,639
$208,232 No related comp$25,407
Brian Jones
Manager of Construction
$209,557
$149,136 No related comp$60,421
Jennifer Taylor
Engineering Manager
$205,339
$146,892 No related comp$58,447
Teresa Hamilton
Vice President, Accounting
$199,660
$149,144 No related comp$50,516
Albert Pickett
Service Technician
$190,522
$145,418 No related comp$45,104
Michael Stafford
Vice President, Member Services
$183,504
$150,409 No related comp$33,095
Joseph Waichulis
Service Technician
$162,348
$146,468 No related comp$15,880
Larry Richardson
Service Technician
$157,266
$148,516 No related comp$8,750

Benchmark Employee Compensation

Non-Employee Board Members

John Grant
Board Chair
$25,919
$25,919 No related compNo other comp
Richard Messingschlager
Board Vice Chair
$25,788
$25,788 No related compNo other comp
Charles Richarson
Director
$24,624
$24,624 No related compNo other comp
Hope Kinman
Secretary and Treasurer
$24,100
$24,100 No related compNo other comp
Eddie McCord
Director
$23,643
$23,643 No related compNo other comp
Robert True
Director
$22,064
$22,064 No related compNo other comp
Charles Alan Ahrman
Director
$20,347
$20,347 No related compNo other comp

Contractors

Apex Row LLC
Tree Trimming
$3,052,846
Bowlin Group LLC
Lineman Crews
$516,449

Mission Statement

Provide electric service to members on a patronage basis. Serve approximately 66,000 member accounts. Improve our member's lives by providing safe, reliable, and affordable electric service.

Revisions to this organization profile

May 6, 2025:
2024 Owen Electric Cooperative Inc. 990 filed
May 3, 2024:
2023 Owen Electric Cooperative Inc. 990 filed
May 4, 2023:
2022 Owen Electric Cooperative Inc. 990 filed

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