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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 2021. Filed on May 9, 2022.

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 2021 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 $202,035. The highest compensated employee at Blue Grass Energy Cooperative Corp. is Michael Williams with fiscal year 2021 compensation of $490,759.

Revenue, expenses, and employee compensation

Revenue

$133,079,977

Expenses

$133,079,977

Employee compensation

$12,054,682
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Williams
President and Chief Executive Officer
$490,759
$390,110 No related comp$100,649
Greg Harrington
Vice President, Engineering
$259,089
$194,427 No related comp$64,662
Charles G Williamson III
Chief Financial Officer
$236,717
$184,291 No related comp$52,426
Denise Myers
Manager Community Relations
$178,228
$129,324 No related comp$48,904
Beonka Stockton
Vice President, Administration
$162,921
$145,071 No related comp$17,850
James Mike Rainey
Crew Chief
$161,140
$131,975 No related comp$29,165
Wesley Wade
First Class LINE TECH
$161,035
$129,828 No related comp$31,207
Ray Searcy
Line Superintendent
$153,572
$136,113 No related comp$17,459
Brad Marshall
Former Director
$14,850
$14,850 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Dennis Moneyhon
Chair
$24,750
$24,750 No related compNo other comp
Gary Keller
Vice Chair
$21,700
$21,700 No related compNo other comp
Doug Fritz
Director
$21,100
$21,100 No related compNo other comp
Jane Smith
Secretary and Treasurer
$21,000
$21,000 No related compNo other comp
Paul Tucker
Director
$20,500
$20,500 No related compNo other comp
Richard Cobb IV
Director
$20,200
$20,200 No related compNo other comp
Lu Young
Director
$19,600
$19,600 No related compNo other comp
Jody Hughes
Director
$18,100
$18,100 No related compNo other comp

Contractors

Wright Tree Service
Row Clearing
$2,346,160
Southeast Power Corp.
Power Line Construction
$2,247,877
WA Kendall & Co Inc
Row Clearing
$1,616,853
Davis H Elliott
Power Line Construction
$1,179,699
The Davey Tree Expert
Row Clearing
$923,937

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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