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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 2021. Filed on June 16, 2022.

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 2021 IRS Form 990 filing, Verdigris Valley Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 110 total employees. Among the employees shown here, the average compensation is $317,758. The highest compensated employee at Verdigris Valley Electric Cooperative Inc. is Michael Hall with fiscal year 2021 compensation of $391,308.

Revenue, expenses, and employee compensation

Revenue

$78,783,085

Expenses

$78,783,085

Employee compensation

$2,841,756
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Hall
COO / CAO
$391,308
$278,739 No related comp$112,569
Alice Houston
General Manager
$361,442
$318,305 No related comp$43,137
Randy Riddle
Director Operatio
$343,212
$196,535 No related comp$146,677
Boyd Schultheiss
MGR Operatio
$336,712
$149,285 No related comp$187,427
Marlin Barnhart
Purchasing Agent
$288,996
$157,910 No related comp$131,086
Gary Yarbrough
GIS Speciali
$282,497
$132,744 No related comp$149,753
Mark Coulter
Meter/Tech S
$277,330
$132,482 No related comp$144,848
Bill Gillespie
Safety Coordinator
$260,563
$137,485 No related comp$123,078

Benchmark Employee Compensation

Non-Employee Board Members

Jack Bogart
President
$40,169
$40,169 No related compNo other comp
Vernon Lewis
Trustee
$40,126
$40,126 No related compNo other comp
Ken Howard
Vice President
$38,969
$38,969 No related compNo other comp
Jimmy Brackett
Trustee
$38,969
$38,969 No related compNo other comp
Jimmy Lambert
Trustee
$37,769
$37,769 No related compNo other comp
Dennis Lenox
Treasurer
$37,151
$37,151 No related compNo other comp
John Hibdon
Trustee
$36,569
$36,569 No related compNo other comp
Charles Huerter
Trustee
$22,744
$22,744 No related compNo other comp
Buddy McCarty
Trustee
$7,233
$7,233 No related compNo other comp

Contractors

Hardin Tree Service
Right of Way
$2,574,679
Mid-Con Energy Service Inc.
Powerline Construction
$1,163,499
Baker Trenching
Trenching
$374,478
Usic Locating
Line Locates
$289,779
Apex Row LLC
Right of Way
$260,965

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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