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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 2016. Filed on April 29, 2017.

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 2016 IRS Form 990 filing, Blue Grass Energy Cooperative Corp., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 8 out of 112 total employees. Among the employees shown here, the average compensation is $184,497. The highest compensated employee at Blue Grass Energy Cooperative Corp. is Michael Williams with fiscal year 2016 compensation of $370,840.

Revenue, expenses, and employee compensation

Revenue

$133,679,473

Expenses

$133,679,473

Employee compensation

$11,645,500
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Williams
President and Chief Executive Officer
$370,840
$285,905 No related comp$84,935
Greg Harrington
Vice President, Engineering
$197,439
$145,066 No related comp$52,373
Byron Drury
Vp-Energy Solutions
$169,821
$124,374 No related comp$45,447
Beonka Stockton
Vice President, Administration
$157,473
$117,482 No related comp$39,991
Phillip Johnson
Chief Financial Officer
$153,664
$133,770 No related comp$19,894
Carol Higdon
Mgr Mbr Acct
$153,326
$114,544 No related comp$38,782
Ken Cooper
IT Manager
$151,863
$112,548 No related comp$39,315
Kenneth Searcy
Line Superintenden
$121,546
$108,281 No related comp$13,265

Benchmark Employee Compensation

Non-Employee Board Members

Dennis Moneyhon
Chair
$24,300
$24,300 No related compNo other comp
Paul Tucker
Secretary and Treasurer
$21,000
$21,000 No related compNo other comp
Doug Fritz
Director
$20,400
$20,400 No related compNo other comp
Gary Keller
Vice Chair
$20,100
$20,100 No related compNo other comp
Jody Hughes
Director
$19,800
$19,800 No related compNo other comp
Jane Smith
Director
$19,500
$19,500 No related compNo other comp
Brad Marshall
Director
$18,000
$18,000 No related compNo other comp
Danny Britt
Director
$11,700
$11,700 No related compNo other comp

Contractors

Wright Tree Service
Row Clearing
$1,700,547
WA Kendall & Co
Row Clearing
$1,499,551
Pike Electric Inc
Power Line Construct
$620,485
Davis H Elliott
Power Line Construct
$594,251
Electric Service of KY Ltd.
Power Line Constrct
$481,739

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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