Salem Electric
Provide electric service to members. Provide energy conservation incentives, information and equipment to members.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$81.2M
+2.8% YoY
Annual Giving
$15K
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$15K
+0.0% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $81,232,273 | $78,984,400 | $74,755,848 |
| Revenue | $34,376,147 | $34,024,045 | $33,158,579 |
| Expenses | $34,376,147 | $34,024,045 | $33,158,579 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $603,474 | $564,006 | $158,641 |
| 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
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Salem Electric 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 |
|---|---|---|---|
| Anthony Schacher | General Manager | 40 | $329,977 |
| Jonathan Phillips | Engineering and Operations Manager | 40 | $252,331 |
| Christopher Krieck | Administrative Services Manager | 40 | $231,425 |
| Eric Weekly | Foreman | 40 | $225,717 |
| Michael Richman | Information Technology Manager | 40 | $211,651 |
| Zachary Dillingham | Foreman | 40 | $199,923 |
| Darin Jacobsen | Meter Apparatus Tech Lead II | 40 | $206,398 |
| Brian Aicher | Line Superintendent | 40 | $199,864 |
| Jeff Anderson | President | 6 | $12,178 |
| Dave Bauer | Secretary/Treasurer | 4 | $9,013 |
| Tim Klarr | Director | 3 | $7,683 |
| Jan Bargen | Director | 3 | $7,675 |
| Joe Van Meter | Director | 4 | $7,620 |
| John Taylor | Director | 3 | $6,805 |
| Angie Villery | Vice President | 2 | $4,653 |
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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