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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Barc Electric Cooperative

Barc Electric Cooperative

Fiscal year ending 2021. Filed on November 15, 2022.

PO Box 264
Millboro, Virginia 24460

Barc Electric Cooperative (EIN: 54-0130127) has filed an IRS Form 990 from fiscal year 2016–2022. In its fiscal year 2021 IRS Form 990 filing, Barc Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 98 total employees. Among the employees shown here, the average compensation is $184,768. The highest compensated employee at Barc Electric Cooperative is Michael Keyser with fiscal year 2021 compensation of $560,443.

Revenue, expenses, and employee compensation

Revenue

$35,646,972

Expenses

$30,954,169

Employee compensation

$6,540,047
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Keyser
CEO and GEN MG
$560,443
$469,259 No related comp$91,184
Chris Botulinski
Chief Operating Officer
$176,567
$145,826 No related comp$30,741
Rick Armstrong
Supvr Field
$140,414
$104,341 No related comp$36,073
Shay McMullen
LINE CREW FO
$138,118
$114,956 No related comp$23,162
Courtney Perdue
Chief Financial Officer
$137,417
$117,212 No related comp$20,205
Gregory Cook
Retired CFO
$132,922
$121,981 No related comp$10,941
Kevin Bryant
LINE CREW FO
$128,310
$104,362 No related comp$23,948
Stephen Clark
LINE CREW FO
$126,844
$107,441 No related comp$19,403
Dakoyta Minter
Journeyman L
$121,878
$107,015 No related comp$14,863

Benchmark Employee Compensation

Non-Employee Board Members

Edsel B Ford
Director
$15,900
$15,900 No related compNo other comp
Keith L Swisher
President
$15,900
$15,900 No related compNo other comp
C Michael Sandridge
Vice President
$15,900
$15,900 No related compNo other comp
Gary R Johnson
Assistant Secretary
$15,900
$15,900 No related compNo other comp
Jason P Black
Director
$15,900
$15,900 No related compNo other comp
John M Quantz
Secretary and Treasurer
$15,900
$15,900 No related compNo other comp
Jay Lewis II
Director
$15,900
$15,900 No related compNo other comp

Contractors

Thayer Power and Communication
Fiber Construction
$11,369,171
Vantage Point
Fiber Engineer
$2,904,118
Lee Electrical Construction Inc.
Construction
$2,448,257
Henkels and Mccoy Inc.
Fiber Construction
$1,598,777
Asplundh Tree Expert CO
Row Clearing
$1,461,464

Mission Statement

TO PROVIDE SAFE AND RELIABLE POWER TO THE MEMBERS OF BARC ELECTRIC COOPERATIVE LOCATED IN THE COUNTIES OF ALLEGHANY, AUGUSTA, BATH, HIGHLAND, AND ROCKBRIDGE IN THE COMMONWEALTH OF VIRGINIA.

Revisions to this organization profile

November 12, 2023:
2022 Barc Electric Cooperative 990 filed
November 15, 2022:
2021 Barc Electric Cooperative 990 filed
November 15, 2021:
2020 Barc Electric Cooperative 990 filed

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