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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 Lynches River Electric Cooperative Inc.

Lynches River Electric Cooperative Inc.

Fiscal year ending 2021. Filed on November 10, 2022.

PO Box 308
Pageland, South Carolina 29728

Lynches River Electric Cooperative Inc. (EIN: 57-0201923) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Lynches River Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 65 total employees. Among the employees shown here, the average compensation is $160,368. The highest compensated employee at Lynches River Electric Cooperative Inc. is Brian W Broughton with fiscal year 2021 compensation of $345,019.

Revenue, expenses, and employee compensation

Revenue

$53,676,919

Expenses

$55,156,733

Employee compensation

$510,439
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Brian W Broughton
Chief Executive Officer
$345,019
$260,266 No related comp$84,753
Dustin Catoe
Cfo/Vp of FI
$163,578
$109,762 No related comp$53,816
Gregory Jordan
Vice President Engineer/
$163,490
$110,483 No related comp$53,007
Richard Stacks
Crew Leader
$154,015
$113,352 No related comp$40,663
Phillip C Deason
TIER 3 Engin
$145,190
$104,376 No related comp$40,814
David Sides
Vice President, Marketing
$141,264
$104,984 No related comp$36,280
Johnny West
Retired TRUS
$10,017
$10,017 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Cindy Vincent
Trustee
$36,269
$30,494 No related comp$5,775
Mark Bridges
Trustee
$28,158
$21,333 No related comp$6,825
Charles M Crawford
Trustee
$24,896
$24,896 No related compNo other comp
Harold F Gardner
Secretary and Treasurer
$24,306
$16,731 No related comp$7,575
Steve Chewning
Chair
$17,583
$17,583 No related compNo other comp
John T Blackwell
Trustee
$14,477
$14,477 No related compNo other comp
Theresa S Hicks
Vice Chair
$13,975
$13,975 No related compNo other comp
Gary Sowell
Trustee
$12,802
$12,802 No related compNo other comp
Myrtle L Faile
Trustee
$6,175
$6,175 No related compNo other comp

Contractors

Fiber Optics Solutions LLC
Fiber Install
$4,500,402
Momentum Telecom Inc.
Telephone
$170,944

Mission Statement

TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.

Revisions to this organization profile

October 31, 2025:
2024 Lynches River Electric Cooperative Inc. 990 filed
November 15, 2024:
Amended (originally filed November 8, 2024)2023 Lynches River Electric Cooperative Inc. 990 filed
November 15, 2023:
2022 Lynches River Electric Cooperative Inc. 990 filed

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