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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 Verdigris Valley Electric Cooperative Inc.

Verdigris Valley Electric Cooperative Inc.

Fiscal year ending 2024. Filed on June 19, 2025.

PO Box 219
Collinsville, Oklahoma 74021

Verdigris Valley Electric Cooperative Inc. (EIN: 73-0495962) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Verdigris Valley Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 11 out of 101 total employees. Among the employees shown here, the average compensation is $323,301. The highest compensated employee at Verdigris Valley Electric Cooperative Inc. is Alice Houston with fiscal year 2024 compensation of $484,885.

Revenue, expenses, and employee compensation

Revenue

$93,576,277

Expenses

$93,576,277

Employee compensation

$3,802,512
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Alice Houston
General Manager
$484,885
$355,786 No related comp$129,099
Michael Hall
COO / CAO
$445,902
$321,629 No related comp$124,273
Kimberly Loffer
EXC Secr./Me
$362,676
$198,712 No related comp$163,964
Danny Bement
Director Operatio
$353,909
$205,478 No related comp$148,431
Marlin Barnhart
Assist to CO
$323,564
$197,241 No related comp$126,323
Floriene Prock
Chief Financial Officer
$311,791
$171,000 No related comp$140,791
Keith Delozier
Engineer
$309,807
$194,474 No related comp$115,333
Donald Hutchinson
KEY Acct/Gov
$307,313
$261,492 No related comp$45,821
Roger Salisbury
Lineman
$302,796
$217,307 No related comp$85,489
Shannon Brewer
Energy Audit
$300,925
$199,462 No related comp$101,463
Jimmy Lambert
Trustee
$52,748
$52,748 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Jack Bogart
Trustee
$43,232
$43,232 No related compNo other comp
Jimmy Brackett
Treasurer
$42,032
$42,032 No related compNo other comp
Dennis Lenox
Vice President
$39,614
$39,614 No related compNo other comp
John Hibdon
Trustee
$37,832
$37,832 No related compNo other comp
Charles Huerter
Trustee
$29,116
$29,116 No related compNo other comp
Ken Howard
President
$24,334
$24,334 No related compNo other comp
Vernon Lewis
Trustee
$22,193
$22,193 No related compNo other comp
Buddy McCarty
Trustee
$7,233
$7,233 No related compNo other comp
John Brogan
Trustee
$600
$600 No related compNo other comp

Contractors

Xylem
Right of Way
$1,663,110
Hardin Tree Service
Right of Way
$1,313,235
Baker Trenching
Trenching
$531,935
Mid-Con Energy Service Inc.
Powerline Construction
$402,294
Capital Electric
Powerline Construction
$398,875

Mission Statement

TO PROVIDE RELIABLE ELECTRIC SERVICE TO THE MEMBERS/OWNERS AT A REASONABLE COST

Revisions to this organization profile

June 19, 2025:
2024 Verdigris Valley Electric Cooperative Inc. 990 filed
June 19, 2024:
2023 Verdigris Valley Electric Cooperative Inc. 990 filed
June 14, 2023:
2022 Verdigris Valley Electric Cooperative Inc. 990 filed

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