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Organizations Vermont Electric Cooperative Inc.

Vermont Electric Cooperative Inc.

Fiscal year ending 2022. Filed on May 11, 2023.

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 2022 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 114 total employees. Among the employees shown here, the average compensation is $221,777. The highest compensated employee at Vermont Electric Cooperative Inc. is Rebecca Towne with fiscal year 2022 compensation of $314,703.

Revenue, expenses, and employee compensation

Revenue

$91,765,977

Expenses

$91,765,977

Employee compensation

$12,798,727
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rebecca Towne
Chief Executive Officer
$314,703
$271,629 No related comp$43,074
Mark Hinton
1ST Class LI
$237,228
$211,564 No related comp$25,664
Peter Rossi
Chief Operating Officer
$227,140
$183,226 No related comp$43,914
Gary Young
1ST Class LI
$223,452
$198,070 No related comp$25,382
Chris Ingalls
1ST Class LI
$218,304
$177,744 No related comp$40,560
Caroline Mashia
Chief Financial Officer
$203,490
$161,741 No related comp$41,749
Victoria Brown
General Counsel
$197,463
$181,625 No related comp$15,838
Michael Bursell
CFO (1/2022-
$191,505
$153,740 No related comp$37,765
Joshua McCoy
1ST Class LI
$182,712
$171,138 No related comp$11,574

Benchmark Employee Compensation

Non-Employee Board Members

Paul Lambert
First Vice President
$10,285
$10,285 No related compNo other comp
Jody Dunklee
Secretary
$9,371
$9,355 No related comp$16
Rich Goggin
President
$9,321
$9,305 No related comp$16
Thomas Bailey
Director
$8,515
$7,850 No related comp$665
Carol Maroni
Second Vice President
$8,271
$8,255 No related comp$16
John Ward
Treasurer
$8,216
$8,200 No related comp$16
Ken Hoeppner
Director
$8,112
$8,105 No related comp$7
George Lague
Director
$7,666
$7,650 No related comp$16
Mark Woodward
Director
$7,121
$7,105 No related comp$16
Charlie van Winkle
Director
$6,921
$6,905 No related comp$16
Bonnie Pratt
Director
$6,521
$6,505 No related comp$16
Don Worth
Director
$6,315
$6,300 No related comp$15

Contractors

Tts Tree Service
Tree Clearing
$1,243,089
Trees LLC
Tree Clearing
$1,157,765
Riggs Distler & Company Inc.
Construction
$1,108,869
Jcr Construction CO Inc.
Construction
$996,421
H Bros Tree Service LLC
Tree Clearing
$883,798

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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