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EIN 03-0164375

Vermont Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
122
City
Johnson
State
Vermont
Year formed
1938
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
Vermont Electric Cooperative is a member-owned not-for-profit utility that provides safe, affordable, and reliable energy services to its members. They provide reliable electric service to approximately 40,480 metered accounts with sales of approximately 462,000 mwh's.
Total revenues
$100,257,337
2023
Total expenses
$100,257,337
2023
Total assets
$221,732,064
2023
Num. employees
122
2023

Program areas at Vermont Electric Cooperative

Providing reliable Electric service to approximately 40,726 metered accounts, with sales of approximately 462,308 mwh's.

Personnel at Vermont Electric Cooperative

NameTitleCompensation
Rebecca TowneChief Executive Officer$279,262
Peter RossiChief Operating Officer$201,944
Caroline MashiaChief Financial Officer$199,206
Scott RockwoodChief System Op$159,442
Victoria BrownGeneral Counsel$181,625
...and 7 more key personnel

Financials for Vermont Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,388,600
Program services$92,767,721
Investment income and dividends$6,099,316
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,700
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$100,257,337

Form 990s for Vermont Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-07990View PDF
2022-122023-05-11990View PDF
2021-122022-05-16990View PDF
2020-122021-06-30990View PDF
2018-122020-01-23990View PDF
...and 8 more Form 990s

Organizations like Vermont Electric Cooperative

OrganizationLocationRevenue
Consumers PowerPhilomath, OR$47,215,867
Sequachee Valley Electric CooperativeSouth Pittsburg, TN$112,585,937
Georgia Transmission CorporationTucker, GA$419,312,319
Tideland Electric Membership CorporationPantego, NC$52,378,506
Southside Electric CooperativeCrewe, VA$143,326,007
Citizens Electric CorporationPerryville, MO$140,040,021
Salt River Electric CooperativeBardstown, KY$134,671,914
West Kentucky Rural Electric Cooperative CorporationMayfield, KY$101,104,837
East Mississippi Electric Power AssociationMeridian, MS$95,947,513
Lane Electric CooperativeEugene, OR$28,802,287
Data update history
July 14, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 19, 2023
Received grants
Identified 1 new grant, including a grant for $100,000 from Vermont Low Income Trust for Electricity
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 14, 2023
Used new vendors
Identified 3 new vendors, including , , and
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local levelReceives government funding
General information
Address
42 Wescom Rd
Johnson, VT 05656
County
Lamoille County, VT
Website URL
vermontelectric.coop/ 
Phone
(802) 635-2331
IRS details
EIN
03-0164375
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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