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Employer Identification Number 03-0164375

VERMONT ELECTRIC COOPERATIVE is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:VERMONT ELECTRIC COOPERATIVE
Employer identification number (EIN):03-0164375
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:221100
401k Pension/Benefits registration VERMONT ELECTRIC COOPERATIVE 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementElectric service to approximately 38,995 metered accounts located in 74 towns in Vermont. Sales of approximately 444,169 MWH's of electricity.
Number of Employees114
Number of Volunteers0
Year Formed1938

Organization Governance

Legal DomicileVT
Voting Members - Governing Body11
Voting Members - Independent11

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 84,402,458
Program Service Revenue from current yearUSD $ 92,767,721
Investment Income from prior yearUSD $ 6,163,519
Investment Income from current yearUSD $ 6,101,016
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 100,257,337
Net assets / fund balances at end of fiscal yearUSD $ 94,056,789
Net assets / fund balances at beginning of fiscal yearUSD $ 90,610,148
Total liabilities at end of fiscal yearUSD $ 127,675,275
Total liabilities at beginning of fiscal yearUSD $ 120,954,986
Total assets at end of fiscal yearUSD $ 221,732,064
Total assets at beginning of fiscal yearUSD $ 211,565,134
Revenues less expenses for current yearUSD $ 0
Total expenses for current yearUSD $ 100,257,337
Total expenses for previous yearUSD $ 91,765,977
Other expenses in current yearUSD $ 82,772,172
Other expenses in previous yearUSD $ 77,052,451
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 13,352,659
Employee salary and benefits paid in previous yearUSD $ 12,798,727
Benefits paid to or for members in current yearUSD $ 4,132,506
Benefits paid to or for members in previous yearUSD $ 1,914,799
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 100,257,337
Total revenue in previous fiscal yearUSD $ 91,765,977
Contributions and grants from current yearUSD $ 1,388,600
Contributions and grants from previous yearUSD $ 1,200,000
2022-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 81,215,592
Program Service Revenue from current yearUSD $ 84,402,458
Investment Income from prior yearUSD $ 5,860,172
Investment Income from current yearUSD $ 6,163,519
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 91,765,977
Net assets / fund balances at end of fiscal yearUSD $ 90,610,148
Net assets / fund balances at beginning of fiscal yearUSD $ 90,048,747
Total liabilities at end of fiscal yearUSD $ 120,954,986
Total liabilities at beginning of fiscal yearUSD $ 114,800,015
Total assets at end of fiscal yearUSD $ 211,565,134
Total assets at beginning of fiscal yearUSD $ 204,848,762
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ -1
Total expenses for current yearUSD $ 91,765,977
Total expenses for previous yearUSD $ 87,075,765
Other expenses in current yearUSD $ 77,052,451
Other expenses in previous yearUSD $ 69,048,607
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 12,798,727
Employee salary and benefits paid in previous yearUSD $ 11,950,527
Benefits paid to or for members in current yearUSD $ 1,914,799
Benefits paid to or for members in previous yearUSD $ 6,076,631
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 91,765,977
Total revenue in previous fiscal yearUSD $ 87,075,764
Contributions and grants from current yearUSD $ 1,200,000
2021-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 80,223,498
Program Service Revenue from current yearUSD $ 81,215,592
Investment Income from prior yearUSD $ 5,680,371
Investment Income from current yearUSD $ 5,860,172
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 87,177,049
Net assets / fund balances at end of fiscal yearUSD $ 90,048,747
Net assets / fund balances at beginning of fiscal yearUSD $ 85,337,138
Total liabilities at end of fiscal yearUSD $ 114,800,015
Total liabilities at beginning of fiscal yearUSD $ 111,658,313
Total assets at end of fiscal yearUSD $ 204,848,762
Total assets at beginning of fiscal yearUSD $ 196,995,451
Revenues less expenses for current yearUSD $ -1
Total expenses for current yearUSD $ 87,075,765
Total expenses for previous yearUSD $ 85,903,869
Other expenses in current yearUSD $ 69,048,607
Other expenses in previous yearUSD $ 69,610,467
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 11,950,527
Employee salary and benefits paid in previous yearUSD $ 11,580,079
Benefits paid to or for members in current yearUSD $ 6,076,631
Benefits paid to or for members in previous yearUSD $ 4,713,323
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 87,075,764
Total revenue in previous fiscal yearUSD $ 85,903,869
Contributions and grants from current yearUSD $ 0
2020-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 77,907,997
Program Service Revenue from current yearUSD $ 80,223,498
Investment Income from prior yearUSD $ 5,634,044
Investment Income from current yearUSD $ 5,680,371
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 85,908,937
Net assets / fund balances at end of fiscal yearUSD $ 85,337,138
Net assets / fund balances at beginning of fiscal yearUSD $ 81,987,725
Total liabilities at end of fiscal yearUSD $ 111,658,313
Total liabilities at beginning of fiscal yearUSD $ 104,917,169
Total assets at end of fiscal yearUSD $ 196,995,451
Total assets at beginning of fiscal yearUSD $ 186,904,894
Revenues less expenses for current yearUSD $ 0
Total expenses for current yearUSD $ 85,903,869
Total expenses for previous yearUSD $ 83,542,041
Other expenses in current yearUSD $ 69,610,467
Other expenses in previous yearUSD $ 67,535,036
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 11,580,079
Employee salary and benefits paid in previous yearUSD $ 11,621,943
Benefits paid to or for members in current yearUSD $ 4,713,323
Benefits paid to or for members in previous yearUSD $ 4,385,062
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 85,903,869
Total revenue in previous fiscal yearUSD $ 83,542,041
Contributions and grants from current yearUSD $ 0
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 77,416,892
Program Service Revenue from current yearUSD $ 79,281,680
Investment Income from prior yearUSD $ 4,391,008
Investment Income from current yearUSD $ 5,522,550
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 84,882,133
Net assets / fund balances at end of fiscal yearUSD $ 78,599,161
Net assets / fund balances at beginning of fiscal yearUSD $ 75,534,266
Total liabilities at end of fiscal yearUSD $ 102,089,233
Total liabilities at beginning of fiscal yearUSD $ 101,295,365
Total assets at end of fiscal yearUSD $ 180,688,394
Total assets at beginning of fiscal yearUSD $ 176,829,631
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 84,804,230
Total expenses for previous yearUSD $ 81,807,900
Other expenses in current yearUSD $ 69,101,017
Other expenses in previous yearUSD $ 63,902,039
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 11,407,732
Employee salary and benefits paid in previous yearUSD $ 11,200,708
Benefits paid to or for members in current yearUSD $ 4,295,481
Benefits paid to or for members in previous yearUSD $ 6,705,153
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 84,804,230
Total revenue in previous fiscal yearUSD $ 81,807,900
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 78,435,285
Program Service Revenue from current yearUSD $ 77,416,892
Investment Income from prior yearUSD $ 3,779,142
Investment Income from current yearUSD $ 4,391,008
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 81,841,892
Net assets / fund balances at end of fiscal yearUSD $ 75,534,266
Net assets / fund balances at beginning of fiscal yearUSD $ 69,709,960
Total liabilities at end of fiscal yearUSD $ 101,295,365
Total liabilities at beginning of fiscal yearUSD $ 98,988,933
Total assets at end of fiscal yearUSD $ 176,829,631
Total assets at beginning of fiscal yearUSD $ 168,698,893
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 0
Total expenses for current yearUSD $ 81,807,900
Total expenses for previous yearUSD $ 82,214,427
Other expenses in current yearUSD $ 63,902,039
Other expenses in previous yearUSD $ 67,338,096
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 11,200,708
Employee salary and benefits paid in previous yearUSD $ 10,578,673
Benefits paid to or for members in current yearUSD $ 6,705,153
Benefits paid to or for members in previous yearUSD $ 4,297,658
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 81,807,900
Total revenue in previous fiscal yearUSD $ 82,214,427
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 0

Other Company Names associated with EIN

VERMONT ELECTRIC COOPERATIVE INC

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 030164375

USA Mailing Address
42 Wescom Road
Johnson
VT
05656
Date first seen: 2009-01-01
Date last seen: 2025-12-02

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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