Mission
To provide safe, reliable, and affordable electric service to our members while enhancing the quality of life in the communities we serve.
Public Charity
Spoon River Electric Cooperative
Spoon River Electric Cooperative, of Canton, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $13.3M in revenue, $13.1M in expenses, $40.5M in total assets.
EIN: 370527067
Canton, IL
Latest filing: 2025
Total Revenue$13.3M
Total Expenses$13.1M
Total Assets$40.5M
Grant Records0
Filing Years2020–2025
Where $100 goes at Spoon River Electric Cooperative
How Spoon River Electric Cooperative divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$98
Programs
the work itself
$2
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $98 for programs
$98
The Cooperative provides electric service through its distribution system to our member/owners located in Fulton, Knox, McDonough, Peoria and Schuyler Counties in Central Illinois
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Chairman
Bernard Marvel
CFO
Chad Riney
Director
Dan Williams
Director
Gary Bowman
Secretary
Jack Clark
Jny Lineman
Jared Lascelles
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $13.3M | $13.1M | $40.5M |
| 2024 | $12.5M | $11.8M | $39.5M |
| 2023 | $12.3M | $11.5M | $37.3M |
| 2022 | $11.3M | $11.0M | $36.2M |
| 2020 | $10.9M | $10.9M | $33.3M |
Between 2020 and 2025, reported annual revenue grew from $10.9M to $13.3M (+22%), with total assets most recently reported at $40.5M.
Interactive year-over-year charts and full filing details available with membership.