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Organizations Grayson Rural Electric Cooperative Corporation

Grayson Rural Electric Cooperative Corporation

Fiscal year ending 2024. Filed on May 14, 2025.

109 Bagby Park
Grayson, Kentucky 41143

Grayson Rural Electric Cooperative Corporation (EIN: 61-0447602) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Grayson Rural Electric Cooperative Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 41 total employees. Among the employees shown here, the average compensation is $174,316. The highest compensated employee at Grayson Rural Electric Cooperative Corporation is Bradley Cherry with fiscal year 2024 compensation of $194,021.

Revenue, expenses, and employee compensation

Revenue

$40,083,276

Expenses

$40,083,276

Employee compensation

$6,252,552
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Bradley Cherry
President and Chief Executive Officer
$194,021
$128,228 No related comp$65,793
Christopher Mosier
Maintenance Leadman
$182,048
$141,191 No related comp$40,857
James Withrow
Maintenance Leadman
$180,181
$128,397 No related comp$51,784
Michael R Blevins
Maintenance Leadman
$178,856
$126,919 No related comp$51,937
Jason Porter
Maintenance Leadman
$172,598
$120,814 No related comp$51,784
Ryan Rice
Construction Leadman
$172,451
$120,046 No related comp$52,405
Sherry Buckler
Manager of Accounting and HR
$140,058
$88,109 No related comp$51,949

Benchmark Employee Compensation

Non-Employee Board Members

Danny Mabry
Director
$13,800
$13,800 No related compNo other comp
Kayla Webb
Secretary and Treasurer
$12,800
$12,800 No related compNo other comp
Jimmy Whitt
Director
$12,400
$12,400 No related compNo other comp
Harold Dupuy
Chair
$11,800
$11,800 No related compNo other comp
Jim Bentley
Vice Chair
$10,800
$10,800 No related compNo other comp
Tonya Slone
Director
$10,000
$10,000 No related compNo other comp

Contractors

WA Kendall CO
Row Clearing
$1,763,199
5 Star Electric LLC
Electric Contractor
$991,095
Smith Tree Service
Row Clearing
$391,693

Mission Statement

PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 15,597 CUSTOMERS PER MONTH.

Revisions to this organization profile

May 14, 2025:
2024 Grayson Rural Electric Cooperative Corporation 990 filed
October 9, 2024:
2023 Grayson Rural Electric Cooperative Corporation 990 filed
June 29, 2023:
2022 Grayson Rural Electric Cooperative Corporation 990 filed

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