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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 2022. Filed on November 15, 2023.

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 2022 IRS Form 990 filing, Lynches River Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 70 total employees. Among the employees shown here, the average compensation is $197,651. The highest compensated employee at Lynches River Electric Cooperative Inc. is Brian W Broughton with fiscal year 2022 compensation of $347,810.

Revenue, expenses, and employee compensation

Revenue

$59,003,883

Expenses

$59,725,393

Employee compensation

$490,334
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Brian W Broughton
Chief Executive Officer
$347,810
$273,934 No related comp$73,876
Dustin Catoe
Cfo/Vp of FI
$183,351
$122,190 No related comp$61,161
Gregory Jordan
Vice President Engineer/
$178,311
$122,319 No related comp$55,992
Richard Stacks
Crew Leader
$162,003
$120,874 No related comp$41,129
Phillip C Deason
Network ENGI
$161,070
$109,899 No related comp$51,171
Russell Hovis
CREW Forman
$153,358
$110,663 No related comp$42,695

Benchmark Employee Compensation

Non-Employee Board Members

Cindy Vincent
Trustee
$30,123
$30,123 No related compNo other comp
Charles M Crawford
Trustee
$24,705
$24,705 No related compNo other comp
Mark Bridges
Secretary and Treasurer
$21,279
$21,279 No related compNo other comp
Steve Chewning
Trustee
$18,593
$18,593 No related compNo other comp
Theresa S Hicks
Chair
$15,600
$15,600 No related compNo other comp
John T Blackwell
Trustee
$13,340
$13,340 No related compNo other comp
Harold F Gardner
Vice Chair
$11,007
$11,007 No related compNo other comp
Gary Sowell
Trustee
$10,969
$10,969 No related compNo other comp
Kevin Sims
Trustee
$6,815
$6,815 No related compNo other comp
Myrtle L Faile
Trustee
$5,775
$5,775 No related compNo other comp

Contractors

Fiber Optics Solutions LLC
Fiber Install
$6,082,229
Southeastern Limb and Tree
Right of Way
$1,975,967
Lee Electrical Construction Inc.
Utilities
$320,638
Momentum Telecom Inc.
Telephone
$186,453

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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