Vermont Electric Cooperative Inc
Overview
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.
What it reported doing in 2025
Providing reliable electric service to approximately 41,273 metered accounts, with sales of approximately 481,584 mwh's.
Operating model
- Revenue model
- Earned-program. 94% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
Nonprofit profile at a glance
- EIN
- 030164375
- IRS 990 coverage
- 2015–2025
- Forms available
- Form 990 2025
- Headquarters
- Johnson, VT, USA
- Rating
- 53
- Verdict
- MIXED
- Rating confidence
- Moderate
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 88
- Accountability: 100
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 0%; rating input score 27; 27th percentile among comparable filings
- Operating reserve ratio: 2.2; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0.58; rating input score 39; 39th percentile among comparable filings
- Officer compensation ratio: 1.9%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 3.1% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: 4.2% per year; rating input score 100; 33rd percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $351K · 20 people listed · 4 of 6 pay-setting controls reported
- Consistency: 14 of 15 current checks pass · 1 finding to review
- Schedules: 3 filed schedules · includes executive pay
- Filing history: 11 annual filings from 2015 to 2025
- Money network: 20 filed money-flow records
- Related organizations: Filed and resolved organization relationships.