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EIN 03-0164375

Vermont Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
114
City
Johnson
State
Vermont
Year formed
1938
Most recent tax filings
2022-12-01
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
$91,765,977
2022
Total expenses
$91,765,977
2022
Total assets
$211,565,134
2022
Num. employees
114
2022

Program areas at Vermont Electric Cooperative

Providing reliable Electric service to approximately 40,480 metered accounts, with sales of approximately 462,000 mwh's.

Who funds Vermont Electric Cooperative

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Vermont Low Income Trust for ElectricityEnergy Efficiency Low Income VT$100,000

Personnel at Vermont Electric Cooperative

NameTitleCompensation
Rebecca TowneChief Executive Officer$271,629
Peter RossiChief Operating Officer$183,226
Caroline MashiaChief Financial Officer$161,741
Scott RockwoodChief System Op$159,442
Victoria BrownGeneral Counsel$181,625
...and 7 more key personnel

Financials for Vermont Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,200,000
Program services$84,402,458
Investment income and dividends$6,162,519
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,000
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$91,765,977

Form 990s for Vermont Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-11990View PDF
2021-122022-05-16990View PDF
2020-122021-06-30990View PDF
2018-122020-01-23990View PDF
2017-122018-08-23990View PDF
...and 7 more Form 990s

Organizations like Vermont Electric Cooperative

OrganizationLocationRevenue
East Mississippi Electric Power AssociationMeridian, MS$82,434,057
West Kentucky Rural Electric Cooperative CorporationMayfield, KY$101,104,837
Douglas Electric CooperativeRoseburg, OR$24,667,189
Tideland Electric Membership CorporationPantego, NC$52,138,305
Southside Electric CooperativeCrewe, VA$143,326,007
Consumers PowerPhilomath, OR$47,215,867
Sequachee Valley Electric CooperativeSouth Pittsburg, TN$112,585,937
Georgia Transmission CorporationTucker, GA$380,617,270
Presque Isle Electric & Gas Co-opOnaway, MI$55,556,588
Choptank Electric CooperativeDenton, MD$164,513,922
Data update history
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
July 4, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
May 6, 2023
Updated personnel
Identified 4 new personnel
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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