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Filing year 2024

VERMONT ELECTRIC COOPERATIVE INC

Johnson, Vermont·EIN 03-0164375·12
Total revenue
$103.9M
Total assets
$233.6M
Total expenses
$103.9M
Reported officers
20
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.

Executive compensation, broken down

Form 990 · Schedule J · 20 reported individuals · Filing year 2024

Base
$285k
Bonus
$5k
Other
$1k
Benefits
$26k
1st Class Li
highest compensated employee
$308k
$332k
Base
$254k
Bonus
Other
$2k
Benefits
$24k
1st Class Li
highest compensated employee
$257k
$277k
Base
$212k
Bonus
Other
$3k
Benefits
$33k
Base
$194k
Bonus
$4k
Other
$10k
Benefits
$29k
1st Class Li
highest compensated employee
$252k
$272k
Base
$220k
Bonus
Other
$651
Benefits
$2k
1st Class Li
highest compensated employee
$250k
$270k
Base
$238k
Bonus
Other
$276
Benefits
$2k
Base
$194k
Bonus
$4k
Other
$738
Benefits
$34k
1st Class Li
highest compensated employee
$235k
$254k
Base
$220k
Bonus
Other
$450
Benefits
$4k
Director
board member
$9k
$10k
1st Vice Pre
vice president
$9k
$10k
Director
board member
$8k
$9k
2nd Vice Pre
vice president
$8k
$8k
Director
board member
$7k
$7k
Treasurer
board treasurer
$6k
$7k
Director
board member
$6k
$6k
Secretary
officer (unspecified)
$5k
$6k
Director
board member
$5k
$6k
Director
board member
$4k
$5k
Director
board member
$3k
$3k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 4%
from 2023

From $324k in 2023 to $337k in 2024.

$324k
2023
$337k
2024
In today's dollarsEst.
Up 1% in real terms$361k to $364k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

VERMONT ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$100.3M
$100.3M
2023
$103.9M
$103.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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