RACCOON VALLEY ELECTRIC COOPERATIVE
PO BOX 486, GLIDDEN, IA 514430486 www.rvec.coop

Total Revenue
$14,578,634
Total Expenses
$14,422,520
Net Assets
$18,312,472

Organizations Filed Purposes: TO PROVIDE SAFE, RELIABLE AND COMPETITIVE SERVICES WHILE BEING A LEADER IN OUR COMMUNITY'S PROSPERITY AND GROWTH.

PROVIDE ELECTRIC SERVICE TO MEMBERS.

PROVIDE ELECTRIC SERVICE TO APPROXIMATELY 2,097 MEMBERS. REVENUE IS COLLECTED FROM THE MEMBERS AND OTHER RELATED SOURCES FOR THE SOLE PURPOSE OF COVERING THE COST OF ELECTRIC SERVICE PROVIDED; AND TO PROVIDE OPERATING RESERVES TO FUND THOSE ACTIVITIES. EXCESS REVENUES OVER THE COST OF OPERATIONS AND ALLOCATIONS TO RESERVES ARE RETURNED TO THE MEMBERS AS PATRONAGE CAPITAL.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
James GossettCEO40$157,184
Jack ScanlanLINE SUPERINTENDENT40$105,641
Eugene HandlosCFO40$101,078
Mark LudwigSECRETARY/TREASURER4.8$7,611
Mark AdamsDIRECTOR3.5$7,353
Jeff CranstonVICE PRESIDENT4.5$6,579
Karen WernerASST SEC-TREAS.4.1$6,450
David OnkenPRESIDENT4.5$5,547
Dennis KennebeckDIRECTOR UNTIL 07/20206.6$4,257
Steve SeidlDIRECTOR5$3,741
Steve SchableDIRECTOR FROM 08/20204.5$3,612

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202132039349300123_public.xml