2025-05-08T16:43:59-04:00 2024-12-31 030302296 KITTELL BRANAGAN & SARGENT 154 N MAIN ST ST ALBANS VT 05478 990 2024-01-01 030165895 WASHINGTON ELECTRIC COOPERATIVE INC WASH 8022235245 PO BOX 8 EAST MONTPELIER VT 05651 LOUIS PORTER GENERAL MANAGER 8022235245 2025-05-02 true WILLIAM KEYSER CPA P01584285 8025249531 2025-05-08 2024 2025-03-06 01:10:19Z LOUIS PORTER PO BOX 8 EAST MONTPELIER VT 05651 24754954 false X WWW.WEC.COOP X COOPERATIVE 1939 VT TO PROVIDE RESIDENTIAL AND COMMERCIAL ELECTRICAL SERVICE TO COOPERATIVE MEMBERS. 9 9 47 0 0 2083 514 1251518 1307688 6604941 6874002 7858542 8182204 0 1067670 868466 1637742 1806087 0 0 5153130 5507651 7858542 8182204 0 65549921 65979044 39308906 39093536 26241015 26885508 TO PROVIDE RESIDENTIAL AND COMMERCIAL ELECTRICAL SERVICE TO COOPERATIVE MEMBERS. false false PROVIDE RESIDENTIAL AND COMMERCIAL ELECTRICAL SERVICE TO COOPERATIVE MEMBERS. false false false false false false false false false true true false false true true false true false false false false false false false false false false false true false false false false false false false false false false false true false false true 49 0 47 true false false false false false 22704913 2039947 false false false X 9 9 false false false false true true true true true false false false true true true true true false false false X TEIA GREENSLIT 8022235245 PO BOX 8 EAST MONTPELIER VT 05651 TEIA GREENSLIT DIR OF FINAN 44.00 X 154093 0 116566 DAVE KRESOCK DIR OF OPER 46.00 X 170342 0 55947 AMOS TURNER CONSTRUCTION 48.00 X 180211 0 42771 JASON PRESTON MAINTENANCE 47.00 X 170187 0 42647 DONALD SINGLETON LINEWORKER 47.00 X 163351 0 47434 LOUIS PORTER GENERAL MANA 41.00 X 166820 0 16115 MARY JUST SKINNER VICE PRESIDE 10.00 X X 4425 0 0 DONALD DOUGLAS TREASURER 21.00 X X 4350 0 0 STEVE FARNHAM DIRECTOR 10.00 X 3675 0 0 SUSAN ALEXANDER DIRECTOR 4.00 X 3660 0 0 STEVE KNOWLTON PRESIDENT 20.00 X X 3360 0 0 ELIZABETH ALLEN SECTRETARY 3.00 X X 2850 0 0 BENJAMIN BARNES DIRECTOR 2.00 X 2025 0 0 JEAN HAMILTON DIRECTOR 2.50 X 1650 0 0 OLIVIA CAMPBELL DIRECTOR 2.00 X 1050 0 0 1032049 321480 8 false true false MATT FOSTER LOGGING AND TREE SERVICE 430 BLACK RIVER RD CRAFTSBURY VT 05826 TREE TRIMMING 723055 TARRANT GILLIES & SHEMS 44 EAST STATE STREET MONTPELIER VT 05602 126005 2 POWER QUALITY/MERCHANDISING 514 514 514 1285936 1285936 42196 42196 42196 42196 21752 21752 21752 21752 23383590 16572750 6810840 6810840 CAPITAL CREDITS 900099 20966 20966 20966 8182204 6832592 1349612 868466 868466 187361 187361 1000880 1000880 311416 311416 202900 202900 103530 103530 93244 93244 37585 37585 14877 14877 44169 44169 20156 20156 203453 203453 10749 10749 15829 15829 1194856 1194856 2590331 2590331 84621 84621 OTHER EXPENSES 757944 757944 GROSS REC. & GROSS REV TA 227074 227074 TIER 3 149090 149090 MEMBER EDUCATION 46200 46200 17473 17473 8182204 8182204 0 0 820735 544246 4034287 3384252 547801 569477 837979 653695 91950670 43899608 47389617 48051062 10961455 11668809 958047 1107503 65549921 65979044 3190314 2959378 34925598 33391678 1192994 2742480 39308906 39093536 X 26241015 26885508 26241015 26885508 65549921 65979044 X 0 644493 X false true X true true true 2224479 1206285 1018194 89726191 42693323 47032868 48051062 VERMONT TRANSCO LLC - CLASS B UNITS 5605993 C VERMONT TRANSCO LLC - CLASS A UNITS 4404717 C COVENTRY CLEAN ENERGY COR 394385 C N.R.U.C.F.C CAPITAL TERM CERT 382153 C N.R.U.C.F.C. PATRONAGE CAPITAL 354920 C VELCO COMMON STOCK - CLASS B 265600 C NISC PATRON. CAPITAL CERTIF. 117786 C VELCO COMMON STOCK - CLASS C 101900 C PATRONAGE CAPITAL CERT - OTHER COOPS 18735 C CRC 10000 C CRC PATRONAGE CAPITAL CERTIFICATES 8330 C VELCO PREFERRED STOCK - CLASS C 1793 C COOPERATIVE FINANCE CORP 1000 C COBANK MEMBERSHIP 1000 C RURAL ELECTRIC VERMONT ASSOC 497 C 11668809 CFC LOC 1922230 DEFERRED CREDITS 421717 DEFERRED GRANT REVENUE 211050 CUSTOMER DEPOSITS 187483 2742480 X SCHEDULE D, PAGE 3, PART X ACCOUNTING STANDARDS CODIFICATION 740, INCOME TAXES (FORMERLY FASB INTERPRETATION NO. 48) REQUIRES THE COOPERATIVE TO EVALUATE ITS INCOME TAX POSITIONS TO DETERMINE IF THERE ARE ANY POSITIONS THAT WOULD REQUIRE ANY ADJUSTMENTS TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE COOPERATIVE HAS DETERMINED THAT IT HAS NO UNCERTAIN INCOME TAX POSITIONS THAT NEED TO BE RECORDED OR REPORTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE TAX YEARS ENDING DECEMBER 31, 2024, 2023, 2022, AND 2021 ARE STILL OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. X X X false false false TEIA GREENSLIT DIR OF FINANCE & ADM 145808 8285 94496 22070 270659 DAVE KRESOCK DIR OF OPER & ENG. 163587 6755 33877 22070 226289 AMOS TURNER CONSTRUCTION FOREMAN 172867 7344 20701 22070 222982 JASON PRESTON MAINTENANCE FOREMAN 163084 7103 20577 22070 212834 DONALD SINGLETON LINEWORKER 156570 6781 25364 22070 210785 LOUIS PORTER GENERAL MANAGER 160316 6504 16115 182935 FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS WHO ARE ALSO THE CONSUMERS OF THE ELECTRICITY SOLD BY THE COOPERATIVE FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS OF THE COOPERATIVE ELECT THE GOVERNING BOARD FORM 990, PAGE 6, PART VI, LINE 7B PERSUANT TO WEC'S BYLAWS AND VERMONT STATUTE NOTED BELOW, CERTAIN ACTIONS BY THE BOARD OF DIRECTORS ARE SUBJECT TO APPROVAL BY A VOTE OF THE MEMBERSHIP. MERGER OR CONSOLIDATION (30 V.S.A. 3020 AND 3021) SALE OR LEASE OF SUBSTANTIAL PORTION OF PROPERTY (30 V.S.A. 3032) COMMENCEMENT OF CONSTRUCTION OF GENERATION OR TRANSMISSION FACILITIES, OR LONG-TERM AND SUBSTANTIAL OUT-OF-STATE POWER PURCHASES (30 V.S.A. 248(C) AND 3044) FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE MANAGER COORDINATES THE TAX RETURN PREPARATION AND REVIEW THE RETURN. THE GENERAL MANAGER ALSO REVIEWS AND SIGNS THE RETURN BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C EMPLOYEES AND DIRECTORS SIGN AN ACKNOWLEDGEMENT FORM THAT THEY HAVE READ AND UNDERSTAND THE CODE OF ETHICS POLICY, WHICH INCLUDES THE ORGANIZATIONS WRITTEN CONFLICT OF INTEREST POLICY. THE CURRENT POLICY WAS ADOPTED IN 2007. SINCE ADOPTION NEW EMPLOYEES AND DIRECTORS HAVE ALSO SIGNED AND ACKNOWLEDGED THE SAME FORM. FORM 990, PAGE 6, PART VI, LINE 19 ALL INFORMATION IS AVAILABLE UPON REQUEST. AUDITED FINANCIAL STATEMENTS ARE ALSO AVAILABLE THROUGH A LINK ON OUR WEBSITE. FORM 990, PART XI, LINE 9 NEW MEMBERSHIPS ISSUED AND SUBSCRIBED FOR 10,400 PATRONAGE MARGINS ALLOCATED, NOT PAID 868,465 PATRONAGE REBATES -234,372 TOTAL 644,493 COVENTRY CLEAN ENERGY CORPORATION PO BOX 8 EAST MONTPELIER VT 05651 562398193 ELEC. PROD VT WASHINGTON ELECTRIC COOPERATIVE C CORP 10095 477691 1.00000 false true false false true false false false false false true true false false false true false true false false