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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 Fairfield Electric Cooperative Inc.

Fairfield Electric Cooperative Inc.

Fiscal year ending 2021. Filed on March 4, 2022.

PO Box 2500
Blythewood, South Carolina 29016

Fairfield Electric Cooperative Inc. (EIN: 57-0161235) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Fairfield Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 79 total employees. Among the employees shown here, the average compensation is $239,460. The highest compensated employee at Fairfield Electric Cooperative Inc. is Bruce G Bacon with fiscal year 2021 compensation of $305,188.

Revenue, expenses, and employee compensation

Revenue

$75,864,594

Expenses

$74,049,465

Employee compensation

$484,805
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Bruce G Bacon
Chief Executive Officer
$305,188
$197,059 No related comp$108,129
Thomas S Black
Vice President, Engineering
$281,906
$178,287 No related comp$103,619
Steven G Davidson
Information Technology Director
$230,455
$142,430 No related comp$88,025
Douglas M Payne
Vice President, Member Services
$210,842
$133,367 No related comp$77,475
Kevin B Shull
Vice President, Operations
$210,716
$139,279 No related comp$71,437
Patra H Mason
Director of Admin Services
$197,653
$124,017 No related comp$73,636

Benchmark Employee Compensation

Non-Employee Board Members

Mitchell D Rabon
President
$39,517
$39,517 No related compNo other comp
Robert Entzminger
Vice President
$37,416
$37,416 No related compNo other comp
Keith Lewis
Trustee
$33,716
$33,716 No related compNo other comp
Derial L Ogburn
Trustee
$32,700
$32,700 No related compNo other comp
Robert Kenneth Miles
Secretary
$27,517
$27,517 No related compNo other comp
Peggy D Swearingen
Trustee
$26,196
$26,196 No related compNo other comp
Cynthia Able
Trustee
$21,100
$21,100 No related compNo other comp
Timothy L Hopkins
Trustee
$18,300
$18,300 No related compNo other comp
Joseph E Sharpe
Trustee Through 06/18/2021
$18,219
$18,219 No related compNo other comp
John E Roberts III
Treasurer AS of 05/21/2021
$12,470
$12,470 No related compNo other comp
William M Good
Trustee AS of 5/21/2021
$11,340
$11,340 No related compNo other comp
W C Good
Trustee Through 05/2/2021
$9,255
$9,255 No related compNo other comp

Contractors

Southeastern Limb and Tree
Tree Cutting
$981,780
Lee Electrical Construction Inc.
Construction
$883,095
John Lucas Tree Expert CO
Tree Cutting
$571,504

Mission Statement

TO SERVE OUR MEMBERS AND OUR COMMUNITY BY PROVIDING SAFE RELIABLE AND INNOVATIVE ENERGY SERVICES.

Revisions to this organization profile

May 15, 2025:
2024 Fairfield Electric Cooperative Inc. 990 filed
April 18, 2024:
2023 Fairfield Electric Cooperative Inc. 990 filed
April 13, 2023:
2022 Fairfield Electric Cooperative Inc. 990 filed

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