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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 2019. Filed on July 1, 2020.

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 2019 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 115 total employees. Among the employees shown here, the average compensation is $228,685. The highest compensated employee at Vermont Electric Cooperative Inc. is Rebecca Towne with fiscal year 2019 compensation of $285,476.

Revenue, expenses, and employee compensation

Revenue

$83,542,041

Expenses

$83,542,041

Employee compensation

$11,621,943
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rebecca Towne
Chief Executive Officer
$285,476
$248,787 No related comp$36,689
Mark Hinton
1St Class Lineworker-Group Leader
$266,237
$197,816 No related comp$68,421
Michael Bursell
Chief Financial Officer
$260,178
$226,224 No related comp$33,954
Gary Young
1St Class Lineworker - Crew Leader
$245,877
$182,600 No related comp$63,277
Peter Rossi
Chief Operating Officer
$199,773
$168,812 No related comp$30,961
Chris Ingalls
1St Class Lineworker
$198,486
$167,528 No related comp$30,958
Alan Esposito
1St Class Lineworker
$187,784
$158,185 No related comp$29,599
Victoria Brown
General Counsel
$185,672
$172,207 No related comp$13,465

Benchmark Employee Compensation

Non-Employee Board Members

Mark Woodward
Secretary and Director
$8,621
$8,605 No related comp$16
John Ward
Treasurer and Director
$8,616
$8,600 No related comp$16
Paul Lambert
Director - 1St Vice President
$8,500
$8,500 No related compNo other comp
Ken Hoeppner
Director
$8,307
$8,300 No related comp$7
Carol Maroni
Director - 2Nd Vice President
$8,246
$8,230 No related comp$16
Rich Goggin
President and Director
$7,716
$7,700 No related comp$16
George Lague
Director
$7,416
$7,400 No related comp$16
Charlie van Winkle
Director
$6,916
$6,900 No related comp$16
Don Worth
Director
$5,707
$5,700 No related comp$7
Thomas Bailey
Director
$5,665
$5,000 No related comp$665
Jody Dunklee
Director
$5,100
$5,100 No related compNo other comp
Richard Westman
Director
$2,991
$2,975 No related comp$16

Contractors

Tts Tree Service LLC
Tree Clearing
$1,430,989
Trees LLC
Tree Clearing
$1,090,218
New England Tree Experts Inc
Tree Clearing
$825,921
Riggs Distler & Company Inc
Line Construction
$548,155
Grattan Line Construction Corporation
Line Contractor
$390,445

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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