Spoon River Electric Cooperative

Unknown organization based in Canton, IL. 37 employees. Exempt under §501(c)(12).

MissionTo make the satisfaction of our members or number one priority. To continue our core business of providing reliable electric service to our members. To maintain the fiscal stability of the organization. To provide other products and services t our members that enhance their

Financial snapshot · TY 2024

$12.5M
Total revenue
$11.8M
Total expenses
$39.5M
Net assets

Financial health · TY 2024

80
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
19.8 months of expenses
Program efficiency
100
100% spent on programs
Revenue diversity
2
Mix of program fees, grants & contributions

Leadership compensation

$216,662
Paul Moffitt
Jny Lineman
$195,897
Louis Gray
Lineman
$169,052
William Sego
Line Foreman
$166,952
Mark Procarione
Operations Mgr
$159,133

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Spoon River Electric Cooperative Executive Compensation | 990 Data | DoubleNine