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Organizations Fort Loudoun Electric Cooperative

Fort Loudoun Electric Cooperative

Fiscal year ending 2022. Filed on October 20, 2022.

PO Box 1030
Vonore, Tennessee 37885

Fort Loudoun Electric Cooperative (EIN: 62-0204106) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2022 IRS Form 990 filing, Fort Loudoun Electric Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 87 total employees. Among the employees shown here, the average compensation is $166,213. The highest compensated employee at Fort Loudoun Electric Cooperative is Jarrod Brackett with fiscal year 2022 compensation of $216,951.

Revenue, expenses, and employee compensation

Revenue

$78,018,247

Expenses

$72,927,655

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jarrod Brackett
Chief Executive Officer
$216,951
$181,514 No related comp$35,437
Shane Schaffer
Spvr/Corr-En
$188,674
$158,687 No related comp$29,987
Michael C Webb
Chief Financial Officer
$180,757
$150,434 No related comp$30,323
Chad Kirkpatrick
Vice President, Operations
$179,510
$147,124 No related comp$32,386
Matthew Matoy
Foreman
$152,958
$137,798 No related comp$15,160
Phillip Teague
Foreman
$151,444
$127,865 No related comp$23,579
Robert Hunt
Lineman
$146,516
$127,148 No related comp$19,368
Eric Gibson
Foreman
$142,098
$122,001 No related comp$20,097
Lisa Lingerfelt
Vice President, Human Resources
$137,007
$110,086 No related comp$26,921

Benchmark Employee Compensation

Non-Employee Board Members

Denny Stephens
Director
$9,300
$9,300 No related compNo other comp
John Loope
President
$8,910
$8,910 No related compNo other comp
James R Pugh
Director
$8,400
$8,400 No related compNo other comp
Michael Wiggins
Vice President
$7,800
$7,800 No related compNo other comp
Lewis Jones
Director
$7,500
$7,500 No related compNo other comp
Angela Tallent
Secretary and Treasurer
$7,050
$7,050 No related compNo other comp
Vernon Davis
Director
$6,900
$6,900 No related compNo other comp
Shirley Hall
Director
$5,175
$5,175 No related compNo other comp
Ben Ward
Director
$675
$675 No related compNo other comp

Contractors

Strickland Tree Service
Tree Cutting
$1,704,599
Service Electric Company
Line Crew Contr
$1,170,673
Brian Coada
Urd Contractor
$584,336
Mcclures Communications
Fiber Connect
$421,794
Usic Holding Inc.
Location Contra
$140,954

Mission Statement

TO PROVIDE ELECTRICITY TO RURAL AREAS OF MONROE, LOUDON, AND BLOUNT COUNTIES IN EAST TENNESSEE.

Revisions to this organization profile

October 2, 2025:
2025 Fort Loudoun Electric Cooperative 990 filed
October 10, 2024:
2024 Fort Loudoun Electric Cooperative 990 filed
October 2, 2023:
2023 Fort Loudoun Electric Cooperative 990 filed

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