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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 2023. Filed on June 19, 2024.

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 2023 IRS Form 990 filing, Verdigris Valley Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 101 total employees. Among the employees shown here, the average compensation is $305,106. The highest compensated employee at Verdigris Valley Electric Cooperative Inc. is Alice Houston with fiscal year 2023 compensation of $467,327.

Revenue, expenses, and employee compensation

Revenue

$86,227,186

Expenses

$86,227,186

Employee compensation

$4,369,745
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Alice Houston
General Manager
$467,327
$345,378 No related comp$121,949
Michael Hall
COO / CAO
$421,736
$306,121 No related comp$115,615
Randy Riddle
Director Operatio
$319,596
$201,160 No related comp$118,436
Kimberly Loffer
EXC Secr./Me
$312,160
$179,654 No related comp$132,506
Marlin Barnhart
Purchasing Agent
$304,063
$178,070 No related comp$125,993
Danny Bement
Director Operatio
$297,990
$175,412 No related comp$122,578
Keith Delozier
Engineer
$289,724
$183,906 No related comp$105,818
Bill Gillespie
Safety Coordinator
$281,229
$159,246 No related comp$121,983
Jimmy Lambert
Trustee
$52,132
$52,132 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Jack Bogart
President
$44,294
$44,294 No related compNo other comp
Jimmy Brackett
Trustee
$42,494
$42,494 No related compNo other comp
Ken Howard
Vice President
$39,375
$39,375 No related compNo other comp
John Hibdon
Trustee
$38,294
$38,294 No related compNo other comp
Dennis Lenox
Treasurer
$37,676
$37,676 No related compNo other comp
Vernon Lewis
Trustee
$35,251
$35,251 No related compNo other comp
Charles Huerter
Trustee
$28,201
$28,201 No related compNo other comp
Buddy McCarty
Trustee
$9,033
$9,033 No related compNo other comp

Contractors

Capital Electric
Powerline Construction
$2,830,248
Hardin Tree Service
Right of Way
$2,476,010
Mid-Con Energy Service Inc.
Powerline Construction
$907,901
Baker Trenching
Trenching
$481,127
Usic Locating
Locating Servic
$268,929

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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