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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 Spoon River Electric Cooperative

Spoon River Electric Cooperative

Fiscal year ending 2021. Filed on October 29, 2022.

930 South Fifth Ave
Canton, Illinois 61520

Spoon River Electric Cooperative (EIN: 37-0527067) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2021 IRS Form 990 filing, Spoon River Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 37 total employees. Among the employees shown here, the average compensation is $150,744. The highest compensated employee at Spoon River Electric Cooperative is William Dodds with fiscal year 2021 compensation of $301,180.

Revenue, expenses, and employee compensation

Revenue

$11,600,803

Expenses

$10,333,899

Employee compensation

$603,834
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

William Dodds
President and Chief Executive Officer
$301,180
$245,084 No related comp$56,096
Paul Moffitt
Jny Lineman
$206,615
$139,081 No related comp$67,534
Dusty Wintermote
Line Foreman
$168,799
$133,179 No related comp$35,620
Joshua Dewees
Chief Operating Officer
$164,516
$104,492 No related comp$60,024
William Sago
Line Foreman
$151,162
$106,600 No related comp$44,562
Mark Balbinot
Engineering Manager
$133,715
$120,881 No related comp$12,834
Louis Gray
Lineman
$129,804
$113,071 No related comp$16,733
Cody Schall
Chief Financial Officer
$80,247
$70,621 No related comp$9,626
Mary Bartley
CFO and Office Manager
$20,657
$18,518 No related comp$2,139

Benchmark Employee Compensation

Non-Employee Board Members

Bernard Marvel
President
$4,375
$4,375 No related compNo other comp
Lyle Nelson
Treasurer
$4,140
$4,140 No related compNo other comp
Terry Beam
Vice President
$3,308
$3,308 No related compNo other comp
Jack Clark
Secretary
$2,749
$2,749 No related compNo other comp
Wesley Strode
Director
$2,567
$2,567 No related compNo other comp
Kurt Duncan
Director
$2,360
$2,360 No related compNo other comp
Jodee Pedigo
Director
$2,321
$2,321 No related compNo other comp
John Spangler
Director
$2,246
$2,246 No related compNo other comp
Joe Davis
Director
$2,122
$2,122 No related compNo other comp

Mission Statement

To make the satisfaction of our members or number one priority. To continue our core business of providing reliable electric service to our members. To maintain the fiscal stability of the organization. To provide other products and services t our members that enhance their quality of life.

Revisions to this organization profile

April 29, 2025:
2024 Spoon River Electric Cooperative 990 filed
October 25, 2024:
2023 Spoon River Electric Cooperative 990 filed
November 1, 2023:
2022 Spoon River Electric Cooperative 990 filed

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