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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 Black River Electric Cooperative Inc.

Black River Electric Cooperative Inc.

Fiscal year ending 2024. Filed on May 6, 2025.

PO Box 130
Sumter, South Carolina 29151

Black River Electric Cooperative Inc. (EIN: 57-0124487) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Black River Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 93 total employees. Among the employees shown here, the average compensation is $188,069. The highest compensated employee at Black River Electric Cooperative Inc. is Kenneth T Carter with fiscal year 2024 compensation of $324,608.

Revenue, expenses, and employee compensation

Revenue

$91,445,577

Expenses

$90,883,829

Employee compensation

$505,155
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kenneth T Carter
Chief Executive Officer
$324,608
$251,445 No related comp$73,163
James F Moye
Chief Operating Officer
$202,494
$178,015 No related comp$24,479
Shakema S White
Vice President Support S
$197,920
$145,334 No related comp$52,586
Tracy Geddings
OPS Superin
$197,037
$134,246 No related comp$62,791
Taiwan T Simmons
Crew Foreman
$178,241
$129,372 No related comp$48,869
Linsey Robinson
Crew Foreman
$177,926
$136,856 No related comp$41,070
Charles R Allen
Chief Executive Officer Emeritus
$38,258
$27,984 No related comp$10,274

Benchmark Employee Compensation

Non-Employee Board Members

Caren Schwartz
Vice Chair and Treasurer
$28,108
$28,108 No related compNo other comp
Mary B Sheridan
Chair-Trust
$24,958
$24,958 No related compNo other comp
Ivan Sanders
Trustee
$23,158
$23,158 No related compNo other comp
Julian Dixon Jr
Chaplain-Tru
$22,258
$22,258 No related compNo other comp
Ronald Fountain
Trustee
$20,736
$20,736 No related compNo other comp
Thomas Durant
Secretary and Treasurer
$20,458
$20,458 No related compNo other comp
David L Tindal
Trustee
$17,308
$17,308 No related compNo other comp
Dr Ronald Prestage
Trustee
$12,358
$12,358 No related compNo other comp
Dwayne Edwards
Trustee
$11,206
$11,206 No related compNo other comp

Contractors

Right Way Tree Experts LLC
Row
$120,320
K & M Construction LLC
Boring
$116,205

Mission Statement

TO PROVIDE RURAL AND URBAN AREAS WITHIN THE COOPERATIVES'S ASSIGNED SERVICE TERRITORY WITH RELIABLE, AFFORDABLE ELECTRICITY WHILE ALSO PROVIDING MEMBERS WITH EXCELLENT CUSTOMER SERVICE.

Revisions to this organization profile

May 6, 2025:
2024 Black River Electric Cooperative Inc. 990 filed
November 15, 2024:
2023 Black River Electric Cooperative Inc. 990 filed
November 9, 2023:
2022 Black River Electric Cooperative Inc. 990 filed

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