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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 2019. Filed on June 30, 2020.

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 2019 IRS Form 990 filing, Blue Grass Energy Cooperative Corp., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 13 out of 108 total employees. Among the employees shown here, the average compensation is $172,947. The highest compensated employee at Blue Grass Energy Cooperative Corp. is Michael Williams with fiscal year 2019 compensation of $436,610.

Revenue, expenses, and employee compensation

Revenue

$132,758,328

Expenses

$132,758,328

Employee compensation

$11,610,980
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Williams
President and Chief Executive Officer
$436,610
$338,005 No related comp$98,605
Greg Harrington
Vice President, Engineering
$247,118
$180,560 No related comp$66,558
Charles G Williamson III
Chief Financial Officer
$230,057
$165,913 No related comp$64,144
Beonka Stockton
Vice President, Administration
$175,378
$132,498 No related comp$42,880
Carol Higdon
MGR MBR ACCT
$167,706
$127,377 No related comp$40,329
Byron Drury
Vice President Energy Solutions
$156,487
$121,801 No related comp$34,686
Billy Allen
Line Superintendent
$145,934
$104,598 No related comp$41,336
Kenneth Searcy
Line Superintendent
$132,604
$117,173 No related comp$15,431
Thomas Walton
Crew Chief
$132,326
$109,958 No related comp$22,368
Vernon Sowers
Line Superintendent
$117,613
$108,678 No related comp$8,935
Craig Morton
CIS Administrator
$103,612
$103,612 No related compNo other comp
Bradley Wigglesworth
Crew Chief
$102,792
$102,792 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Dennis Moneyhon
Chair
$24,900
$24,900 No related compNo other comp
Jane Smith
Secretary and Treasurer
$22,500
$22,500 No related compNo other comp
Paul Tucker
Director
$20,700
$20,700 No related compNo other comp
Lu Young
Director
$20,700
$20,700 No related compNo other comp
Doug Fritz
Director
$19,500
$19,500 No related compNo other comp
Gary Keller
Vice Chair
$19,500
$19,500 No related compNo other comp
Jody Hughes
Director
$18,000
$18,000 No related compNo other comp
Richard Cobb IV
Director
$18,000
$18,000 No related compNo other comp
Brad Marshall
Director
$11,190
$11,190 No related compNo other comp

Contractors

Wright Tree Service
Row Clearning
$2,002,378
WA Kendall & Co Inc
Row Clearning
$1,295,151
Davis H Elliott CO
Power Line Construction
$1,184,092
William E Groves
Power Line Construction
$640,622
The Hayden CO
Construction and Repairs
$365,096

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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