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Filing year 2024

VERMONT ENERGY INVESTMENT CORPORATION

Winooski, Vermont·EIN 03-0304418·NTEE C350 · Environment·501(c)(3)
Total revenue
$130.9M
Total assets
$53.4M
Total expenses
$131.1M
Reported officers
24
Mission

VEIC IS A SUSTAINABLE ENERGY COMPANY ON A MISSION TO GENERATE THE ENERGY SOLUTIONS THE WORLD NEEDS (CONTINUES IN SCHEDULE O). (CONTINUED), WORKING TO COMBAT THE CLIMATE CRISIS, BOOST COMMUNITY RESILIENCE, AND LOWER ENERGY COSTS. FOR NEARLY 40 YEARS VEIC HAS BEEN WORKING WITH GOVERNMENTS, UTILITIES, FOUNDATIONS AND BUSINESSES ACROSS NORTH AMERICA TO DEVELOP AND DEPLOY CLEAN ENERGY SERVICES THAT PROVIDE IMMEDIATE AND LASTING CHANGE. WITH EXPERTISE IN DECARBONIZATION PLANNING, PROGRAM AND FLEET SOLUTIONS, MARKETING & EDUCATION, AND NEW APPROACHES TO PILOTS AND FEDERAL FUNDING SOLUTIONS, VEIC BRINGS INNOVATIVE IDEAS TO THE MARKET THAT MEET GOALS AND REDUCE GHG. IN ADDITION TO OUR FULL-SERVICE CONSULTING BUSINESS, VEIC ADMINISTERS THREE LARGE-SCALE SUSTAINABLE ENERGY PROGRAMS: EFFICIENCY VERMONT, EFFICIENCY SMART, AND THE DC SUSTAINABLE ENERGY UTILITY (DCSEU).

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 22 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Environment organizations nationwide.

Chief Executive Officer
Above 90th percentile
$413k
$446k
Base
$368k
Bonus
$3k
Other
$969
Benefits
$24k
Chief Financial Officer
Above 90th percentile
$289k
$312k
Base
$270k
Bonus
$3k
Other
$2k
Benefits
$1k
Chief People Officer
Highest Compensated Employee
Above 90th percentile
$289k
$312k
Base
$263k
Bonus
$3k
Other
$119
Benefits
$10k
Chief Technology Officer
Highest Compensated Employee
Above 90th percentile
$283k
$306k
Base
$244k
Bonus
$3k
Other
$969
Benefits
$24k
COO Through Nov. 2024
75th to 90th percentile
$271k
$293k
Base
$227k
Bonus
$3k
Other
$19k
Benefits
$22k
Chief Growth and Impact Officer
Highest Compensated Employee
Above 90th percentile
$261k
$282k
Base
$249k
Bonus
$3k
Other
$970
Benefits
$2k
Man. Dir., En Serv/int. COO A/o Nov
75th to 90th percentile
$256k
$277k
Base
$237k
Bonus
$3k
Other
$3k
Benefits
$1k
Director, Finance, Dcseu
75th to 90th percentile
$223k
$241k
Base
$199k
Bonus
$3k
Other
$3k
Benefits
$10k
Managing Director, Efficiency Vt
Key Employee
Median to 75th percentile
$205k
$221k
Base
$186k
Bonus
$3k
Other
$1k
Benefits
$10k
Interim Managing Director, Dcseu
Key Employee
Median to 75th percentile
$201k
$217k
Base
$185k
Bonus
$3k
Other
$3k
Benefits
$2k
Chief General Counsel
Officer (Unspecified)
$197k
$213k
Base
$181k
Bonus
$3k
Other
$3k
Benefits
$1k
Man. Dir., Dcseu Through Sep. 2024
Key Employee
25th percentile to median
$164k
$177k
Base
$151k
Bonus
$3k
Other
$6k
Benefits
$1k
Chair
Board Chair
10th to 25th percentile
$4k
$4k
Treasurer
Officer (Unspecified)
$3k
$3k
Vice Chair
Board Vice Chair
10th to 25th percentilevs all sectors nationwide
$3k
$3k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Secretary
Officer (Unspecified)
$2k
$2k
Director Through Sep. 2024
Board Member
Below 10th percentile
$2k
$2k

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.

Plus 2 unpaid individuals.

Browse compensation in Environment

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at VERMONT ENERGY INVESTMENT CORPORATION equaled 0.3% of the organization's total expenses. The median for environment organizations is 11%.

This organization (2024)
0.3%
Sector median
11%
Middle half of sector
5% to 22%

Based on 4,942 environment organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 25%
from 2023

From $330k in 2023 to $413k in 2024.

$330k
2023
$413k
2024
In today's dollarsEst.
Up 21% in real terms$369k to $446k

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 25% from 2023 to 2024, while revenue rose 6%.

$330k in 2023 to $413k in 2024.
  • Chief Financial Officer pay rose 37% from 2023 to 2024.
  • Highest Compensated Employee pay rose 31% 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 ENERGY INVESTMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$123.1M
$121M
2023
$130.9M
$131.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Environment executives earn in Vermont

Comparable environment organizations in Vermont pay their highest-earning executive a median of $86,918.

25th percentile
$58k
Median
$86,918
75th percentile
$140k
90th percentile
$187k

These are environment sector-wide figures, not this organization's reported pay. Based on 63 organizations across 63 filings (2022 – 2024).

See full Environment pay data for Vermont
FAQ

Common questions about VERMONT ENERGY INVESTMENT CORPORATION

What does the Chief Executive Officer of VERMONT ENERGY INVESTMENT CORPORATION earn?

In 2024, the Chief Executive Officer of VERMONT ENERGY INVESTMENT CORPORATION received $413,194 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Environment organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at VERMONT ENERGY INVESTMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Environment organizations nationwide, the 2024 pay of the Chief Executive Officer at VERMONT ENERGY INVESTMENT CORPORATION falls in the top 10%. In 2024, the highest total compensation at VERMONT ENERGY INVESTMENT CORPORATION equaled 0.3% of the organization's total expenses. The median for environment organizations is 11%.

What are VERMONT ENERGY INVESTMENT CORPORATION's revenue and expenses?

In 2024, VERMONT ENERGY INVESTMENT CORPORATION reported $130.9M in total revenue and $131.1M in total expenses on its IRS Form 990.

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