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Filing year 2024

VERMONT ELECTRIC COOPERATIVE INC

Johnson, Vermont·EIN 03-0164375·501(c)(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 · Part VII & Schedule J · 20 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO
Above 90th percentile
$337k
$364k
Base
$285k
Bonus
$5k
Other
$1k
Benefits
$26k
1st Class Li
Highest Compensated Employee
75th to 90th percentile
$308k
$332k
Base
$254k
Bonus
Other
$2k
Benefits
$24k
1st Class Li
Highest Compensated Employee
75th to 90th percentile
$257k
$277k
Base
$212k
Bonus
Other
$3k
Benefits
$33k
CFO
75th to 90th percentile
$252k
$272k
Base
$194k
Bonus
$4k
Other
$10k
Benefits
$29k
1st Class Li
Highest Compensated Employee
75th to 90th percentile
$252k
$272k
Base
$220k
Bonus
Other
$651
Benefits
$2k
1st Class Li
Highest Compensated Employee
75th to 90th percentile
$250k
$270k
Base
$238k
Bonus
Other
$276
Benefits
$2k
COO
75th to 90th percentile
$246k
$266k
Base
$194k
Bonus
$4k
Other
$738
Benefits
$34k
1st Class Li
Highest Compensated Employee
Median to 75th percentile
$235k
$254k
Base
$220k
Bonus
Other
$450
Benefits
$4k
Director
Board Member
25th percentile to median
$9k
$10k
1st Vice Pre
Vice President
25th percentile to median
$9k
$10k
Director
Board Member
25th percentile to median
$8k
$9k
2nd Vice Pre
Vice President
25th percentile to median
$8k
$8k
President
Below 10th percentile
$7k
$8k
Director
Board Member
25th percentile to median
$7k
$7k
Treasurer
Board Treasurer
Median to 75th percentile
$6k
$7k
Director
Board Member
25th percentile to median
$6k
$6k
Secretary
Officer (Unspecified)
$5k
$6k
Director
Board Member
25th percentile to median
$5k
$6k
Director
Board Member
25th percentile to median
$4k
$5k
Director
Board Member
10th to 25th percentile
$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.

Pay for the position

Chief Executive Officer pay rose 4% from 2023 to 2024, while revenue rose 4%.

$324k in 2023 to $337k in 2024.
  • Highest Compensated Employee pay rose 6% from 2023 to 2024.
  • Chief Financial Officer pay rose 3% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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.
FAQ

Common questions about VERMONT ELECTRIC COOPERATIVE INC

What does the Chief Executive Officer of VERMONT ELECTRIC COOPERATIVE INC earn?

In 2024, the Chief Executive Officer of VERMONT ELECTRIC COOPERATIVE INC received $337,425 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at VERMONT ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at VERMONT ELECTRIC COOPERATIVE INC falls in the top 10%.

What are VERMONT ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, VERMONT ELECTRIC COOPERATIVE INC reported $103.9M in total revenue and $103.9M in total expenses on its IRS Form 990.

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