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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 Vermont Electric Cooperative Inc.

Vermont Electric Cooperative Inc.

Fiscal year ending 2023. Filed on May 7, 2024.

42 Wescom Road
Johnson, Vermont 05656

Vermont Electric Cooperative Inc. (EIN: 03-0164375) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, Vermont Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 122 total employees. Among the employees shown here, the average compensation is $253,601. The highest compensated employee at Vermont Electric Cooperative Inc. is Rebecca Towne with fiscal year 2023 compensation of $323,598.

Revenue, expenses, and employee compensation

Revenue

$100,257,337

Expenses

$100,257,337

Employee compensation

$13,352,659
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rebecca Towne
Chief Executive Officer
$323,598
$279,262 No related comp$44,336
Mark Hinton
1ST Class LI
$290,823
$241,944 No related comp$48,879
Peter Rossi
Chief Operating Officer
$248,331
$201,944 No related comp$46,387
Caroline Mashia
Chief Financial Officer
$245,398
$199,206 No related comp$46,192
Jessee Sweet
1ST Class LI
$238,085
$199,379 No related comp$38,706
Joshua McCoy
1ST Class LI
$236,505
$226,051 No related comp$10,454
Christopher Connelley
1ST Class LI
$225,349
$204,730 No related comp$20,619
Chad Lanou
1ST Class LI
$220,722
$197,661 No related comp$23,061

Benchmark Employee Compensation

Non-Employee Board Members

Paul Lambert
First Vice President
$8,710
$8,710 No related compNo other comp
Carol Maroni
Second Vice President
$7,496
$7,480 No related comp$16
George Lague
Director
$7,466
$7,450 No related comp$16
Thomas Bailey
Director
$6,115
$5,450 No related comp$665
Ken Hoeppner
Director
$6,087
$6,080 No related comp$7
Charlie van Winkle
Director
$6,021
$6,005 No related comp$16
Rich Goggin
President
$5,916
$5,900 No related comp$16
Mark Woodward
Director
$5,846
$5,830 No related comp$16
Don Worth
Director
$5,665
$5,650 No related comp$15
Jody Dunklee
Secretary
$5,446
$5,430 No related comp$16
Bonnie Pratt
Director
$4,341
$4,325 No related comp$16
John Ward
Treasurer
$1,896
$1,880 No related comp$16

Contractors

Trees LLC
Tree Clearing
$1,338,682
H Bros Tree Service LLC
Tree Clearing
$1,176,529
Tts Tree Service LLC
Tree Clearing
$1,111,155
Jcr Construction CO Inc.
Construction
$736,916
Charles Curtis LLC Inc.
Construction
$465,513

Mission Statement

VERMONT ELECTRIC COOPERATIVE IS A MEMBER OWNED NOT-FOR-PROFIT UTILITY WHOSE MISSION IS TO PROVIDE SAFE, AFFORDABLE, AND RELIABLE ENERGY SERVICES TO ITS MEMBERS.

Revisions to this organization profile

May 7, 2024:
2023 Vermont Electric Cooperative Inc. 990 filed
May 11, 2023:
2022 Vermont Electric Cooperative Inc. 990 filed
May 16, 2022:
2021 Vermont Electric Cooperative Inc. 990 filed

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