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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 2017. Filed on April 19, 2018.

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 2017 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 105 total employees. Among the employees shown here, the average compensation is $197,684. The highest compensated employee at Blue Grass Energy Cooperative Corp. is Michael Williams with fiscal year 2017 compensation of $465,553.

Revenue, expenses, and employee compensation

Revenue

$125,326,693

Expenses

$125,326,693

Employee compensation

$11,929,378
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Williams
President and Chief Executive Officer
$465,553
$302,962 No related comp$162,591
Greg Harrington
Vice President, Engineering
$227,059
$168,101 No related comp$58,958
Charles G Williamson III
Chief Financial Officer
$202,583
$157,320 No related comp$45,263
Byron Drury
Vp-Energy Solutions
$178,693
$129,496 No related comp$49,197
Beonka Stockton
Vice President, Administration
$160,832
$123,293 No related comp$37,539
Carol Higdon
Mgr Mbr Acct
$154,640
$118,893 No related comp$35,747
Ken Cooper
IT Manager
$154,047
$113,151 No related comp$40,896
Ray Searcy
Line Superintenden
$126,991
$113,636 No related comp$13,355
Vernon Sowers
Line Superintenden
$108,758
$101,692 No related comp$7,066

Benchmark Employee Compensation

Non-Employee Board Members

Dennis Moneyhon
Chair
$25,800
$25,800 No related compNo other comp
Gary Keller
Vice Chair
$21,000
$21,000 No related compNo other comp
Jane Smith
Secretary and Treasurer
$20,700
$20,700 No related compNo other comp
Doug Fritz
Director
$20,400
$20,400 No related compNo other comp
Paul Tucker
Director
$20,400
$20,400 No related compNo other comp
Brad Marshall
Director
$18,900
$18,900 No related compNo other comp
Jody Hughes
Director
$18,900
$18,900 No related compNo other comp

Contractors

Wright Tree Service
Row Clearing
$1,892,559
Davis H Elliott
Power Line Construct
$1,498,520
WA Kendall & CO Inc.
Row Clearing
$1,302,163
Tru Check Inc
Meter Reading
$182,694
Electric Service of KY Ltd.
Power Line Constrct
$56,406

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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