Nonprofit · EIN 03-0165895
WASHINGTON ELECTRIC CO-OPERATIVE INC
Tax-exempt · E MONTPELIER, VT 05651
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $9,858,451 | $9,858,451 | $0 | $70,265,419 | $41,428,207 | $28,837,212 |
| December 31, 2024 | 990 | $8,182,204 | $8,182,204 | $0 | $65,979,044 | $39,093,536 | $26,885,508 |
| December 31, 2023 | 990 | $7,858,542 | $7,858,542 | $0 | $65,549,921 | $39,308,906 | $26,241,015 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $1,459,567
- Net rental income
- $43,268
- Net gain from sales of assets
- $47,005
- Net income from sales of inventory
- $8,266,560
- Other revenue
- $8,398,884
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $2,513,429
- Compensation of officers, directors and key employees
- $197,417
- Other salaries and wages
- $1,000,308
- Salaries, compensation and benefits (total)
- $2,010,109
- Professional fundraising fees
- $0
- Legal fees
- $49,359
- Accounting fees
- $44,650
- Occupancy
- $11,607
- Travel
- $27,124
- Depreciation
- $2,647,997
- Program services (functional)
- $9,858,451
Balance sheet and other
- Total assets, start of year
- $65,979,044
- Total assets, end of year
- $70,265,419
- Total liabilities, end of year
- $41,428,207
- Net assets, end of year
- $28,837,212
- Land, buildings and equipment
- $49,256,292
- Gross receipts
- $23,322,325
- Employees
- 45
- Year formed
- 1939
- State of legal domicile
- VT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TEIA GREENSLIT | DIR OF FINAN Highest-paid employee | 42 | $161,566 | $149,899 |
| AMOS TURNER | CONSTRUCTION Highest-paid employee | 44 | $170,953 | $51,001 |
| JASON SMITH | LINEWORKER Highest-paid employee | 45 | $167,357 | $48,001 |
| JASON PRESTON | MAINTENANCE Highest-paid employee | 45 | $163,050 | $50,813 |
| DAVE KRESOCK | DIR OF OPER Highest-paid employee | 44 | $175,006 | $26,078 |
| LOUIS PORTER | GENERAL MANA Officer | 41 | $171,304 | $20,476 |
| DONALD DOUGLAS | TREASURER Trustee or director, Officer | 26 | $5,550 | $0 |
| ELIZABETH ALLEN | SECTRETARY Trustee or director, Officer | 3 | $4,950 | $0 |
| STEVE KNOWLTON | PRESIDENT Trustee or director, Officer | 20 | $4,950 | $0 |
| MARY JUST SKINNER | VICE PRESIDE Trustee or director, Officer | 10 | $4,950 | $0 |
| SUSAN ALEXANDER | DIRECTOR Trustee or director | 4 | $4,200 | $0 |
| BENJAMIN BARNES | DIRECTOR Trustee or director | 2 | $2,775 | $0 |
| OLIVIA CAMPBELL | DIRECTOR Trustee or director | 2 | $1,800 | $0 |
| JEAN HAMILTON | DIRECTOR Trustee or director | 2.5 | $1,350 | $0 |
| WILLIAM POWELL | DIRECTOR Trustee or director | 10 | $1,350 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE FARNHAM | DIRECTOR Trustee or director | 2 | $900 |
990 for the year ended December 31, 2024: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TEIA GREENSLIT | DIR OF FINAN Highest-paid employee | 44 | $154,093 | $116,566 |
| DAVE KRESOCK | DIR OF OPER Highest-paid employee | 46 | $170,342 | $55,947 |
| AMOS TURNER | CONSTRUCTION Highest-paid employee | 48 | $180,211 | $42,771 |
| JASON PRESTON | MAINTENANCE Highest-paid employee | 47 | $170,187 | $42,647 |
| DONALD SINGLETON | LINEWORKER Highest-paid employee | 47 | $163,351 | $47,434 |
| LOUIS PORTER | GENERAL MANA Officer | 41 | $166,820 | $16,115 |
| MARY JUST SKINNER | VICE PRESIDE Trustee or director, Officer | 10 | $4,425 | $0 |
| DONALD DOUGLAS | TREASURER Trustee or director, Officer | 21 | $4,350 | $0 |
| STEVE FARNHAM | DIRECTOR Trustee or director | 10 | $3,675 | $0 |
| SUSAN ALEXANDER | DIRECTOR Trustee or director | 4 | $3,660 | $0 |
| STEVE KNOWLTON | PRESIDENT Trustee or director, Officer | 20 | $3,360 | $0 |
| ELIZABETH ALLEN | SECTRETARY Trustee or director, Officer | 3 | $2,850 | $0 |
| BENJAMIN BARNES | DIRECTOR Trustee or director | 2 | $2,025 | $0 |
| JEAN HAMILTON | DIRECTOR Trustee or director | 2.5 | $1,650 | $0 |
| OLIVIA CAMPBELL | DIRECTOR Trustee or director | 2 | $1,050 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TEIA GREENSLIT | DIR OF FINAN Highest-paid employee | 45 | $143,444 | $112,508 |
| JASON PRESTON | MAINTENANCE Highest-paid employee | 50 | $181,723 | $40,794 |
| DAVE KRESOCK | DIR OF OPER Highest-paid employee | 45 | $164,624 | $55,442 |
| KEVIN LANPHEAR | LINEWORKER Highest-paid employee | 50 | $172,451 | $47,134 |
| AMOS TURNER | CONSTRUCTION Highest-paid employee | 47 | $172,079 | $40,879 |
| LOUIS PORTER | GENERAL MANA Officer | 41 | $158,323 | $37,219 |
| DONALD DOUGLAS | TREASURER Trustee or director, Officer | 4 | $6,500 | $0 |
| SUSAN ALEXANDER | DIRECTOR Trustee or director | 3 | $4,850 | $0 |
| MARY JUST SKINNER | SECRETARY Trustee or director, Officer | 10 | $4,850 | $0 |
| ROGER FOX | VICE PRESIDE Trustee or director, Officer | 12 | $4,275 | $0 |
| STEVE FARNHAM | DIRECTOR Trustee or director | 5 | $4,270 | $0 |
| STEVE KNOWLTON | PRESIDENT JU Trustee or director, Officer | 20 | $4,130 | $0 |
| ELIZABETH ALLEN | DIRECTOR Trustee or director | 3 | $4,125 | $0 |
| JEAN HAMILTON | DIRECTOR Trustee or director | 2.5 | $2,610 | $0 |
| RICHARD RUBIN | DIRECTOR Trustee or director | 4 | $2,175 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 8, E MONTPELIER, VT 05651-0008
- Principal officer (990 for 2025)
- LOUIS PORTER, PO BOX 8, EAST MONTPELIER, VT 05651
- Signed the 990
- LOUIS PORTER, GENERAL MANAGER
- Phone
- (802) 223-5245
- Website
- WWW.WEC.COOP
- Return prepared by
- KITTELL BRANAGAN & SARGENT
Mission
TO PROVIDE RESIDENTIAL AND COMMERCIAL ELECTRICAL SERVICE TO COOPERATIVE MEMBERS.
Program accomplishments
- PROVIDE RESIDENTIAL AND COMMERCIAL ELECTRICAL SERVICE TO COOPERATIVE MEMBERS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 03-0165895
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1940
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $70,265,419
- Income (IRS master file)
- $23,322,325
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $9,858,451 | $9,858,451 | $70,265,419 | IRS |
| 990 | December 2024 | $8,182,204 | $8,182,204 | $65,979,044 | IRS |
| 990 | December 2023 | $7,858,542 | $7,858,542 | $65,549,921 | XML |
| 990 | December 2022 | $6,953,598 | $6,953,598 | $65,420,825 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0165895).
Questions about WASHINGTON ELECTRIC CO-OPERATIVE INC
- What is the EIN of WASHINGTON ELECTRIC CO-OPERATIVE INC?
- The employer identification number (EIN) of WASHINGTON ELECTRIC CO-OPERATIVE INC is 03-0165895.
- Is WASHINGTON ELECTRIC CO-OPERATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1940.
- Are donations to WASHINGTON ELECTRIC CO-OPERATIVE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WASHINGTON ELECTRIC CO-OPERATIVE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WASHINGTON ELECTRIC CO-OPERATIVE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WASHINGTON ELECTRIC CO-OPERATIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of WASHINGTON ELECTRIC CO-OPERATIVE INC?
- The 990 for the year ended December 31, 2025 names LOUIS PORTER.
- Who are the officers and directors of WASHINGTON ELECTRIC CO-OPERATIVE INC?
- The 990 for the year ended December 31, 2025 lists 16 people; 16 received compensation from the organization, the highest $161,566 (TEIA GREENSLIT, DIR OF FINAN).
- How much revenue does WASHINGTON ELECTRIC CO-OPERATIVE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $9,858,451, expenses of $9,858,451 and total assets of $70,265,419 at year end.
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