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VERMONT ELECTRIC COOPERATIVE INC

EIN 03-0164375 JOHNSON, VT

Largest nonprofits in Vermont

Revenue 2024
$103,906,082
Expenses 2024
$103,906,082

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
12
Classification
4000
Street
42 WESCOM RD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

VERMONT ELECTRIC COOPERATIVE IS A MEMBER OWNED NOT-FOR-PROFIT WHOSE MISSION IS TO PROVIDE SAFE, AFFORDABLE, AND RELIABLE ENERGY SERVICES TO ITS MEMBERS.

Activities or mission (Part I)

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.

  • PROVIDING RELIABLE ELECTRIC SERVICE TO APPROXIMATELY 41,036 METERED ACCOUNTS, WITH SALES OF APPROXIMATELY 475,065 MWH'S.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Rebecca Towne

    CEO

    Total calculated
    $337,425
    From this org
    $290,781
    From related orgs
    $0
    Other
    $46,644
    Hours/week
    52

    Schedule J breakdown matched by us

    Base
    $285,225
    Bonus
    $4,548
    Other
    $1,008
    Deferred
    $20,667
    Nontaxable benefits
    $25,977
    Filer's total
    $337,425
  • Mark Hinton

    1ST CLASS LI

    Total calculated
    $307,756
    From this org
    $256,022
    From related orgs
    $0
    Other
    $51,734
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $254,042
    Bonus
    not reported
    Other
    $1,980
    Deferred
    $27,824
    Nontaxable benefits
    $23,910
    Filer's total
    $307,756
  • Jessee Sweet

    1ST CLASS LI

    Total calculated
    $256,838
    From this org
    $214,878
    From related orgs
    $0
    Other
    $41,960
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $212,355
    Bonus
    not reported
    Other
    $2,523
    Deferred
    $9,046
    Nontaxable benefits
    $32,914
    Filer's total
    $256,838
  • Caroline Mashia

    CFO

    Total calculated
    $251,747
    From this org
    $207,227
    From related orgs
    $0
    Other
    $44,520
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $193,664
    Bonus
    $3,618
    Other
    $9,945
    Deferred
    $15,058
    Nontaxable benefits
    $29,462
    Filer's total
    $251,747
  • Chad Lanou

    1ST CLASS LI

    Total calculated
    $251,570
    From this org
    $221,112
    From related orgs
    $0
    Other
    $30,458
    Hours/week
    54

    Schedule J breakdown matched by us

    Base
    $220,461
    Bonus
    not reported
    Other
    $651
    Deferred
    $28,281
    Nontaxable benefits
    $2,177
    Filer's total
    $251,570
  • Joshua McCoy

    1ST CLASS LI

    Total calculated
    $249,914
    From this org
    $238,417
    From related orgs
    $0
    Other
    $11,497
    Hours/week
    57

    Schedule J breakdown matched by us

    Base
    $238,141
    Bonus
    not reported
    Other
    $276
    Deferred
    $9,579
    Nontaxable benefits
    $1,918
    Filer's total
    $249,914
  • Peter Rossi

    COO

    Total calculated
    $246,475
    From this org
    $197,906
    From related orgs
    $0
    Other
    $48,569
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $193,542
    Bonus
    $3,626
    Other
    $738
    Deferred
    $14,560
    Nontaxable benefits
    $34,009
    Filer's total
    $246,475
  • Travis Elwood

    1ST CLASS LI

    Total calculated
    $235,023
    From this org
    $220,595
    From related orgs
    $0
    Other
    $14,428
    Hours/week
    52

    Schedule J breakdown matched by us

    Base
    $220,145
    Bonus
    not reported
    Other
    $450
    Deferred
    $10,862
    Nontaxable benefits
    $3,566
    Filer's total
    $235,023
  • George Lague

    DIRECTOR

    Total calculated
    $9,091
    From this org
    $9,075
    From related orgs
    $0
    Other
    $16
    Hours/week
    6
  • Paul Lambert

    1ST VICE PRE

    Total calculated
    $8,955
    From this org
    $8,955
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Ken Hoeppner

    DIRECTOR

    Total calculated
    $8,112
    From this org
    $8,105
    From related orgs
    $0
    Other
    $7
    Hours/week
    4
  • Carol Maroni

    2ND VICE PRE

    Total calculated
    $7,846
    From this org
    $7,830
    From related orgs
    $0
    Other
    $16
    Hours/week
    3
  • Rich Goggin

    PRESIDENT

    Total calculated
    $7,191
    From this org
    $7,175
    From related orgs
    $0
    Other
    $16
    Hours/week
    6
  • Thomas Bailey

    DIRECTOR

    Total calculated
    $6,620
    From this org
    $5,955
    From related orgs
    $0
    Other
    $665
    Hours/week
    5
  • Charlie Van Winkle

    TREASURER

    Total calculated
    $6,246
    From this org
    $6,230
    From related orgs
    $0
    Other
    $16
    Hours/week
    8
  • Mark Woodward

    DIRECTOR

    Total calculated
    $5,541
    From this org
    $5,525
    From related orgs
    $0
    Other
    $16
    Hours/week
    6
  • Jody Dunklee

    SECRETARY

    Total calculated
    $5,446
    From this org
    $5,430
    From related orgs
    $0
    Other
    $16
    Hours/week
    3
  • Bonnie Pratt

    DIRECTOR

    Total calculated
    $5,116
    From this org
    $5,100
    From related orgs
    $0
    Other
    $16
    Hours/week
    2
  • Jeffery Wilson

    DIRECTOR

    Total calculated
    $4,475
    From this org
    $4,475
    From related orgs
    $0
    Other
    $0
    Hours/week
    4
  • Don Worth

    DIRECTOR

    Total calculated
    $2,890
    From this org
    $2,875
    From related orgs
    $0
    Other
    $15
    Hours/week
    3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $103,906,082
    Expenses
    $103,906,082
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $100,257,337
    Expenses
    $100,257,337
    Contributions
    $1,388,600
    Grants paid
    $0
  • 2022
    Revenue
    $91,765,977
    Expenses
    $91,765,977
    Contributions
    $1,200,000
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $87,075,764
    Expenses
    $87,075,765
    Assets (EOY)
    $204,848,762
  • 2020 · 990

    Revenue
    $85,903,869
    Expenses
    $85,903,869
    Assets (EOY)
    $196,995,451
  • 2019 · 990

    Revenue
    $83,542,041
    Expenses
    $83,542,041
    Assets (EOY)
    $186,904,894
  • 2018 · 990

    Revenue
    $84,804,230
    Expenses
    $84,804,230
    Assets (EOY)
    $180,688,394
  • 2017 · 990

    Revenue
    $81,807,900
    Expenses
    $81,807,900
    Assets (EOY)
    $176,829,631
  • 2016 · 990

    Revenue
    $82,214,427
    Expenses
    $82,214,427
    Assets (EOY)
    $168,698,893
  • 2015 · 990

    Revenue
    $81,926,124
    Expenses
    $81,926,124
    Assets (EOY)
    $155,489,820

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.