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Organizations Black River Electric Cooperative Inc.

Black River Electric Cooperative Inc.

Fiscal year ending 2023. Filed on November 15, 2024.

PO Box 130
Ste 9
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 2023 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 91 total employees. Among the employees shown here, the average compensation is $192,898. The highest compensated employee at Black River Electric Cooperative Inc. is Charles R Allen with fiscal year 2023 compensation of $408,001.

Revenue, expenses, and employee compensation

Revenue

$84,028,518

Expenses

$83,588,926

Employee compensation

$883,996
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Charles R Allen
CEO (Through
$408,001
$267,006 No related comp$140,995
Betty J Welsh
Vice President, Finance
$197,342
$184,129 No related comp$13,213
James F Moye
Vice President, Engineering
$174,562
$151,320 No related comp$23,242
Linsey Robinson
Crew Foreman
$168,400
$128,674 No related comp$39,726
Shakema S White
Vice President Support S
$167,693
$121,215 No related comp$46,478
Brenda P Chase
Public Relations
$167,432
$123,090 No related comp$44,342
Kenneth T Carter
Chief Executive Officer
$66,854
$49,222 No related comp$17,632

Benchmark Employee Compensation

Non-Employee Board Members

Mary B Sheridan
Chair-Trust
$30,779
$30,779 No related compNo other comp
Caren Schwartz
Secretary and Treasurer
$29,879
$29,879 No related compNo other comp
Thomas Durant
Trustee
$28,529
$28,529 No related compNo other comp
Ivan Sanders
Trustee
$27,179
$27,179 No related compNo other comp
Ronald Fountain
Trustee
$27,015
$27,015 No related compNo other comp
Julian Dixon Jr
Chaplain-Tru
$24,929
$24,929 No related compNo other comp
David L Tindal
Trustee
$22,229
$22,229 No related compNo other comp
Dr Ronald Prestage
Trustee
$13,229
$13,229 No related compNo other comp
George R Gibson
Vice Chair
$8,031
$8,031 No related compNo other comp

Contractors

Right Way Tree Experts
Right of Way/Tr
$1,597,630
Meridian Cooperative Inc.
Consumer Acct
$1,331,801
Southern Roofing Services Inc.
Construction
$520,750
Power Line Clearing
Right of Way
$347,181
Utility Packaging and Construction
Construction
$170,877

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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