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EIN 73-0495962

Verdigris Valley Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
101
City
Collinsville
State
Oklahoma
Year formed
1938
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
Verdigris Valley Electrical Cooperative is a cooperative that provides reliable electric service to the member/owners at a reasonable cost. The cost of purchased power from kamo power to provide electric service each year to 29,680 members having 37,627 active accounts.
Total revenues
$86,227,186
2023
Total expenses
$86,227,186
2023
Total assets
$225,034,975
2023
Num. employees
101
2023

Program areas at Verdigris Valley Electric Cooperative

To provide electricity to our members - 38,937 active services (44,317 total services in place - 5,380 idle services) at year-end were provided electricity on a Cooperative basis and were allocated patronage capital.

Personnel at Verdigris Valley Electric Cooperative

NameTitleCompensation
Michael HallChief Operating Officer and Chief Administrative Officer$306,121
Alice HoustonGeneral Manager$345,378
Danny BementDirector Operatio$175,412
Randy RiddleDirector Operations and Technology$201,160
Boyd SchultheissManager Operations and Technology Services$149,285
...and 7 more key personnel

Financials for Verdigris Valley Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$85,735,417
Investment income and dividends$199,559
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$196,551
Net gain from sale of non-inventory assets$95,659
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$86,227,186

Form 990s for Verdigris Valley Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-19990View PDF
2022-122023-06-14990View PDF
2021-122022-06-16990View PDF
2020-122021-06-30990View PDF
2019-122021-12-20990OView PDF
...and 10 more Form 990s

Organizations like Verdigris Valley Electric Cooperative

OrganizationLocationRevenue
Win Energy RemcVincennes, IN$70,143,410
Northwestern Rural Electric Cooperative AssociationCambridge Springs, PA$21,935,998
First Electric Cooperative CorporationJacksonville, AR$273,232,530
Midland Power CooperativeBoone, IA$57,765,405
Dixie Electric CooperativeMontgomery, AL$75,421,397
Runestone Electric AssociationAlexandria, MN$32,966,732
Four County Electric Membership CorporationBurgaw, NC$109,316,259
Prairie Energy CooperativeClarion, IA$33,622,237
Washington Electric Membership CorporationSandersville, GA$48,227,831
Tri-County Electric CooperativeHooker, OK$111,738,263
Data update history
August 14, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 12, 2024
Updated personnel
Identified 1 new personnel
February 17, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 24, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
No characteristics found
General information
Address
PO Box 219
Collinsville, OK 74021
Metro area
Tulsa, OK
County
Tulsa County, OK
Website URL
vvec.com/ 
Phone
(918) 371-2584
IRS details
EIN
73-0495962
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1938
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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