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DARKE RURAL ELECTRIC COOPERATIVE INC
DARKE RURAL ELECTRIC COOPERATIVE INC
OH · EIN 344215670
23
Executives Disclosed
$19.7M
Annual Revenue
$45.5M
Total Assets
1.4:1
Internal Pay Ratio
DARKE RURAL ELECTRIC COOPERATIVE INC has 23 executives with disclosed compensation. The highest-paid executive, Ted Holsapple (CEO (Retired 1/3/25)), received peak total compensation of $273,132.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Ted Holsapple | CEO (Retired 1/3/25) | $273K | $228K | 2016–2024 | 3.6x |
| Tim Wombold | LINEMAN | $260K | $260K | 2019–2022 | 3.5x |
| Larry Scholl | LINEMAN | $244K | $244K | 2024–2024 | 3.2x |
| John Blinn | LINE FOREMAN | $243K | $243K | 2018–2024 | 3.2x |
| Roy Endicott | LINEMAN | $214K | $214K | 2024–2024 | 2.8x |
| Bruce Burke | DIRECTOR OF ENGINEERING/IT | $189K | $189K | 2020–2024 | 2.5x |
| Niles Swank | DIRECTOR OF OPERATIONS | $186K | $163K | 2018–2024 | 2.5x |
| Brad Flora | COO (assumed CEO role 1/3/25) | $183K | $183K | 2016–2024 | 2.4x |
| Michael Fenstermaker | LINEMAN | $160K | $151K | 2022–2023 | 2.1x |
| Tyler Goettemoeller | LINEMAN | $145K | $140K | 2019–2023 | 1.9x |
| Pam Holsapple | CFO | $28K | $0 | 2024–2024 | 0.4x |
| Tod Carroll | VICE PRESIDENT BOARD OF TRUSTEES | $11K | $0 | 2016–2024 | 0.1x |
| David Coons | TRUSTEE | $9K | $0 | 2018–2024 | 0.1x |
| Robert Godown | TRUSTEE | $9K | $0 | 2017–2024 | 0.1x |
| Matt Webster | PRESIDENT BOARD OF TRUSTEES | $9K | $0 | 2016–2024 | 0.1x |
| Stephen Vanzant | TRUSTEE | $8K | $0 | 2018–2024 | 0.1x |
| Michelle Marker | SECRETARY & TREASURER BOARD OF TRUSTEES | $8K | $0 | 2016–2024 | 0.1x |
| Aaron Siefring | TRUSTEE | $6K | $0 | 2019–2024 | 0.1x |
| Eric Laux | TRUSTEE | $6K | $0 | 2019–2022 | 0.1x |
| Jack Kitchel | TRUSTEE | $6K | $0 | 2016–2017 | 0.1x |
| Dan Gehret | VICE PRESIDENT BOARD OF TRUSTEES | $5K | $0 | 2016–2017 | 0.1x |
| Keith Daugherty | VICE PRESIDENT BOARD OF TRUSTEES | $4K | $0 | 2016–2016 | 0.1x |
| Neal Siefring | TRUSTEE | $4K | $0 | 2016–2018 | 0.1x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 9 | $181K | $181K | $181K |
| 2017 | 9 | $208K | $208K | $208K |
| 2018 | 11 | $181K | $215K | $542K |
| 2019 | 13 | $185K | $204K | $371K |
| 2020 | 13 | $187K | $236K | $747K |
| 2021 | 13 | $215K | $273K | $646K |
| 2022 | 15 | $198K | $260K | $1.2M |
| 2023 | 14 | $176K | $222K | $1.2M |
| 2024 | 15 | $209K | $244K | $1.5M |
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