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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 2018. Filed on November 14, 2019.

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 2018 IRS Form 990 filing, Vermont Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 123 total employees. Among the employees shown here, the average compensation is $188,371. The highest compensated employee at Vermont Electric Cooperative Inc. is Michael Bursell with fiscal year 2018 compensation of $266,081.

Revenue, expenses, and employee compensation

Revenue

$84,804,230

Expenses

$84,804,230

Employee compensation

$11,407,732
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Bursell
Chief Financial Officer
$266,081
$232,302 No related comp$33,779
Mark Hinton
1St Class Lineworker-Group Leader
$251,166
$188,261 No related comp$62,905
Gary Young
1St Class Lineworker
$240,703
$186,318 No related comp$54,385
Victoria Brown
General Counsel
$217,791
$203,199 No related comp$14,592
Peter Rossi
Chief Operating Officer
$210,313
$179,199 No related comp$31,114
Alan Esposito
1St Class Lineworker
$193,168
$164,913 No related comp$28,255
Christopher Connelley
1St Class Lineworker
$186,761
$171,357 No related comp$15,404
Christine Hallquist
Chief Executive Officer-Thru 3/2018
$77,998
$71,557 No related comp$6,441
Rebecca Towne
Chief Executive Officer - Began 10/2018
$51,362
$48,508 No related comp$2,854

Benchmark Employee Compensation

Non-Employee Board Members

John Ward
Treasurer and Director
$10,776
$10,760 No related comp$16
Ken Hoeppner
Director
$10,637
$10,630 No related comp$7
Carol Maroni
Director - 2Nd Vice President
$10,046
$10,030 No related comp$16
Daniel Carswell
President and Director
$9,366
$9,350 No related comp$16
Thomas Bailey
Director
$8,415
$7,750 No related comp$665
Paul Lambert
Director
$8,390
$8,390 No related compNo other comp
George Lague
Director - 1St Vice President
$8,126
$8,110 No related comp$16
Rich Goggin
Director
$8,046
$8,030 No related comp$16
Mark Woodward
Secretary and Director
$7,746
$7,730 No related comp$16
Don Worth
Director
$6,707
$6,700 No related comp$7
Richard Westman
Director
$5,416
$5,400 No related comp$16
Charlie van Winkle
Director
$4,450
$4,450 No related compNo other comp

Contractors

Trees LLC
Tree Clearing
$1,581,315
Tts Tree Service LLC
Tree Clearing
$981,689
New England Tree Experts Inc
Tree Clearing
$914,726
Trees R US LLC
Tree Clearing
$518,269
Goodhue Excavation Inc
Contractor - Excavation
$303,172

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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