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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 2018. Filed on April 24, 2019.

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 2018 IRS Form 990 filing, Blue Grass Energy Cooperative Corp., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 10 out of 108 total employees. Among the employees shown here, the average compensation is $194,252. The highest compensated employee at Blue Grass Energy Cooperative Corp. is Michael Williams with fiscal year 2018 compensation of $414,523.

Revenue, expenses, and employee compensation

Revenue

$139,191,815

Expenses

$139,191,815

Employee compensation

$11,957,980
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Williams
President and Chief Executive Officer
$414,523
$320,947 No related comp$93,576
Greg Harrington
Vice President, Engineering
$242,945
$179,218 No related comp$63,727
Charles G Williamson III
Chief Financial Officer
$211,142
$162,065 No related comp$49,077
Byron Drury
Vp-Energy Solutions
$187,626
$134,562 No related comp$53,064
Beonka Stockton
Vice President, Administration
$169,891
$128,855 No related comp$41,036
Carol Higdon
Mgr Mbr Acct
$160,920
$122,163 No related comp$38,757
Duane Long
Crew Chief
$144,409
$107,284 No related comp$37,125
Bryant Watkins
Cew Chief
$144,328
$107,169 No related comp$37,159
Thomas Walton
Crew Chief
$137,661
$116,074 No related comp$21,587
Ray Searcy
Line Superintenden
$129,077
$114,364 No related comp$14,713

Benchmark Employee Compensation

Non-Employee Board Members

Dennis Moneyhon
Chair
$26,100
$26,100 No related compNo other comp
Gary Keller
Vice Chair
$21,600
$21,600 No related compNo other comp
Jody Hughes
Director
$21,300
$21,300 No related compNo other comp
Jane Smith
Secretary and Treasurer
$20,700
$20,700 No related compNo other comp
Doug Fritz
Director
$20,100
$20,100 No related compNo other comp
Brad Marshall
Director
$19,800
$19,800 No related compNo other comp
Richard Cobb IV
Director
$19,600
$19,600 No related compNo other comp
Paul Tucker
Director
$18,900
$18,900 No related compNo other comp
Lu Young
Director
$15,200
$15,200 No related compNo other comp

Contractors

Wright Tree Service
Row Clearing
$1,843,882
WA Kendall & Co Inc
Row Clearing
$1,277,398
Davis H Elliott CO
Power Line Construct
$1,250,400
Cr Cable Construction
Power Line Construct
$209,270
Chem Pro Services Inc
Vegetation Control
$151,895

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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