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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 Mutual & Membership Benefit Blue Grass Energy Cooperative Corp.

Blue Grass Energy Cooperative Corp.

Fiscal year ending 2024. Filed on April 30, 2025.

PO Box 990
Nicholasville, Kentucky 40340

Blue Grass Energy Cooperative Corp. (EIN: 43-1948188) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Blue Grass Energy Cooperative Corp., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 107 total employees. Among the employees shown here, the average compensation is $205,000. The highest compensated employee at Blue Grass Energy Cooperative Corp. is Michael Williams with fiscal year 2024 compensation of $506,388.

Revenue, expenses, and employee compensation

Revenue

$159,627,024

Expenses

$159,627,024

Employee compensation

$13,305,997
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Williams
President and Chief Executive Officer
$506,388
$437,542 No related comp$68,846
Robert C Brewer Jr
Vice President, Engineering
$246,189
$205,035 No related comp$41,154
Bobby McCoun
Vice President, Member Services
$237,219
$168,197 No related comp$69,022
Denise Myers
Vice President, Public Relations
$216,930
$153,075 No related comp$63,855
Beonka Stockton
Vp-Corporate Service
$183,471
$164,919 No related comp$18,552
Lauren Logan
Vp-Financial Service
$177,301
$136,268 No related comp$41,033
Wesley Wade
First Class LINE TECH
$153,823
$137,199 No related comp$16,624
Charles G Williamson III
Vp-Financial Service
$87,311
$75,700 No related comp$11,611
Brad Marshall
Former Director
$36,368
$36,368 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Dennis Moneyhon
Chair
$23,100
$23,100 No related compNo other comp
Jane Smith
Secretary and Treasurer
$21,900
$21,900 No related compNo other comp
Richard Cobb IV
Director
$21,000
$21,000 No related compNo other comp
Gary Keller
Vice Chair
$20,700
$20,700 No related compNo other comp
Doug Fritz
Director
$20,100
$20,100 No related compNo other comp
Lu Young
Director
$18,900
$18,900 No related compNo other comp
Paul Tucker
Director
$18,600
$18,600 No related compNo other comp
Jody Hughes
Director
$17,700
$17,700 No related compNo other comp

Contractors

Davis H Elliott
Line Construction and Repair
$4,902,634
WA Kendall & CO
Right of Way Maintenance
$1,837,154
Wright Tree Service
Right of Way Maintenance
$1,787,554
Mclean Engineering
Pole Attachment Engineering
$1,522,447
Arborworks LLC
Right of Way Maintenance
$1,465,771

Mission Statement

SINCE 1937, BLUE GRASS ENERGY HAS BEEN MAKING LIFE BETTER, THE COOPERATIVE WAY, FOR OUR MEMBERS AND COMMUNITIES BY PROVIDING SAFE, RELIABLE, AND AFFORDABLE ENERGY SERVICES. ELECTRICITY IS DELIVERED ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. TODAY, BLUE GRASS ENERGY SERVES APPROXIMATELY 64,000 CONSUMERS IN 23 KENTUCKY COUNTIES.

Revisions to this organization profile

April 30, 2025:
2024 Blue Grass Energy Cooperative Corp. 990 filed
May 1, 2024:
2023 Blue Grass Energy Cooperative Corp. 990 filed
October 16, 2023:
2022 Blue Grass Energy Cooperative Corp. 990 filed

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