2026-05-12T09:07:39-04:00 2025-12-31 030302296 KITTELL BRANAGAN & SARGENT 154 N MAIN ST ST ALBANS VT 05478 990 2025-01-01 030165895 WASHINGTON ELECTRIC COOPERATIVE INC WASH 8022235245 PO BOX 8 EAST MONTPELIER VT 05651 LOUIS PORTER GENERAL MANAGER 8022235245 2026-05-05 WILLIAM KEYSER CPA P01584285 8025249531 2026-05-12 2025 2025-03-06 01:10:19Z LOUIS PORTER PO BOX 8 EAST MONTPELIER VT 05651 23322325 false X WWW.WEC.COOP X COOPERATIVE 1939 VT TO PROVIDE RESIDENTIAL AND COMMERCIAL ELECTRICAL SERVICE TO COOPERATIVE MEMBERS. 9 9 45 0 0 514 0 1307688 1459567 6874002 8398884 8182204 9858451 0 868466 2513429 1806087 2010109 0 0 5507651 5334913 8182204 9858451 0 65979044 70265419 39093536 41428207 26885508 28837212 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 65 0 45 true false false false false false 22203017 2256929 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 42.00 X 161566 0 149899 AMOS TURNER CONSTRUCTION 44.00 X 170953 0 51001 JASON SMITH LINEWORKER 45.00 X 167357 0 48001 JASON PRESTON MAINTENANCE 45.00 X 163050 0 50813 DAVE KRESOCK DIR OF OPER 44.00 X 175006 0 26078 LOUIS PORTER GENERAL MANA 41.00 X 171304 0 20476 DONALD DOUGLAS TREASURER 26.00 X X 5550 0 0 ELIZABETH ALLEN SECTRETARY 3.00 X X 4950 0 0 STEVE KNOWLTON PRESIDENT 20.00 X X 4950 0 0 MARY JUST SKINNER VICE PRESIDE 10.00 X X 4950 0 0 SUSAN ALEXANDER DIRECTOR 4.00 X 4200 0 0 BENJAMIN BARNES DIRECTOR 2.00 X 2775 0 0 OLIVIA CAMPBELL DIRECTOR 2.00 X 1800 0 0 JEAN HAMILTON DIRECTOR 2.50 X 1350 0 0 WILLIAM POWELL DIRECTOR 10.00 X 1350 0 0 STEVE FARNHAM DIRECTOR 2.00 X 900 0 0 1042011 346268 6 false true false MATT FOSTER LOGGING AND TREE SERVICE 430 BLACK RIVER RD CRAFTSBURY VT 05826 TREE TRIMMING 631578 1 1412562 1412562 43268 43268 43268 43268 47005 47005 47005 47005 21730434 13463874 8266560 8266560 CAPITAL CREDITS 900099 89056 89056 89056 9858451 8313565 1544886 2513429 2513429 197417 197417 1000308 1000308 495277 495277 209191 209191 107916 107916 49359 49359 44650 44650 13175 13175 7242 7242 24486 24486 217856 217856 11607 11607 27124 27124 1220604 1220604 2647997 2647997 90934 90934 OTHER EXPENSES 491245 491245 GROSS REC. & GROSS REV TA 237909 237909 TIER 3 187261 187261 MEMBER EDUCATION 52090 52090 11374 11374 9858451 9858451 0 0 544246 423093 3384252 4471032 569477 847156 653695 405291 94924659 45668367 48051062 49256292 11668809 12441279 1107503 2421276 65979044 70265419 2959378 3199771 33391678 35332237 2742480 2896199 39093536 41428207 X 26885508 28837212 26885508 28837212 65979044 70265419 X 0 1951704 X false true X true false 2285613 1260920 1024693 92639046 44407447 48231599 49256292 VERMONT TRANSCO LLC - CLASS B UNITS 5999841 C VERMONT TRANSCO LLC - CLASS A UNITS 4714169 C COVENTRY CLEAN ENERGY COR 419229 C N.R.U.C.F.C CAPITAL TERM CERT 373051 C N.R.U.C.F.C. PATRONAGE CAPITAL 355237 C VELCO COMMON STOCK - CLASS B 265600 C NISC PATRON. CAPITAL CERTIF. 114028 C VELCO COMMON STOCK - CLASS C 101900 C UUS PATRONAGE DIVIDEND ALLOCATION 70193 C CRC 10000 C CRC PATRONAGE CAPITAL CERTIFICATES 9176 C PATRONAGE CAPITAL CERT - OTHER COOPS 4565 C VELCO PREFERRED STOCK - CLASS C 1793 C COOPERATIVE FINANCE CORP 1000 C COBANK MEMBERSHIP 1000 C RURAL ELECTRIC VERMONT ASSOC 497 C 12441279 DEFERRED GRANT REVENUE 1446105 CFC LOC 813663 DEFERRED CREDITS 430683 CUSTOMER DEPOSITS 205748 2896199 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, 2025, 2024, 2023, AND 2022 ARE STILL OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. X X X false false false TEIA GREENSLIT DIR OF FINANCE & ADM 152721 8845 126772 23127 311465 AMOS TURNER CONSTRUCTION FOREMAN 162912 8041 27874 23127 221954 JASON SMITH LINEWORKER 159828 7529 24874 23127 215358 JASON PRESTON MAINTENANCE FOREMAN 155536 7514 27686 23127 213863 DAVE KRESOCK DIR OF OPER & ENG. 168086 6920 2951 23127 201084 LOUIS PORTER GENERAL MANAGER 164642 6662 20476 191780 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 10,840 PATRONAGE MARGINS ALLOCATED, NOT PAID 2,513,429 PATRONAGE REBATES -572,565 TOTAL 1,951,704 COVENTRY CLEAN ENERGY CORPORATION PO BOX 8 EAST MONTPELIER VT 05651 562398193 ELEC. PROD VT WASHINGTON ELECTRIC COOPERATIVE C CORP 24844 556271 1.00000 false true false false true false false false false false true true false false false true false true false false