Boone Electric Cooperative
The mission of Boone Electric Cooperative is to be responsive to our members' needs by providing a dependable supply of electric energy and other services at the lowest possible cost consistent with sound business practices and cooperative principles.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$224.1M
+2.1% YoY
Annual Giving
$59K
-76.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$59K
-76.4% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $224,112,212 | $219,609,893 | $214,466,398 |
| Revenue | $76,383,296 | $72,698,018 | $67,889,675 |
| Expenses | $72,595,520 | $68,204,910 | $62,821,254 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $302,003 | $180,137 | $-126,553 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Boone Electric Cooperative fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Todd Culley | CEO | 50 | $356,797 |
| Vicki Kemna | Assistant Manager | 50 | $226,786 |
| Ryan Euliss | CFO/Manager of Finance | 50 | $206,988 |
| Andrew Petri | Manager of Engineering and | 45 | $192,012 |
| James Goodnight | Operations Manager | 45 | $177,805 |
| Laura Baker | Mgr Member Svcs | 45 | $153,002 |
| Travis Lynn | Journeyman Lineman | 47 | $143,480 |
| Travis Meyers | Journeyman Lineman | 48 | $140,113 |
| Robert Hawkins | Line Foreman | 45 | $139,045 |
| Jeffrey Marren | Line Foreman | 46 | $136,139 |
| Scott Douglas | System Engineer | 40 | $135,080 |
| Darin Schnarre | Treasurer | 3 | $42,465 |
| Andrew Stanton | Director | 4 | $42,155 |
| John Bullard | Director | 6 | $41,229 |
| Kimberly Ponder | President | 10 | $23,662 |
| Michelle Motley | Secretary | 5 | $16,111 |
| Wayne Wilcox | Vice President | 5 | $13,891 |
| Timothy Hudspeth | Director | 2 | $13,351 |
| Joel Bullard | Director | 10 | $10,263 |
| Maria Haag | Director | 5 | $8,522 |
| Caroline Andriano | Director | 3 | $3,950 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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