NonprofitsBarc Electric Cooperative

Barc Electric Cooperative

MILLBORO, VA

Total revenue

$38.3M

Total expenses

$37.2M

Net assets

$36.7M

Grants received

EIN

540130127

Tax year

2022

Mission

To provide safe and reliable power to the members of barc electric cooperative located in the counties of alleghany, augusta, bath, highland, and rockbridge in the commonwealth of virginia.

Financials

FY 2022

Revenue

Contributions & grants$322K
Program service revenue$27.5M
Investment income$1000K
Other revenue$9.5M
Total revenue$38.3M

Expenses

Grants paid
Salaries & benefits$6.3M
Fundraising
Other expenses$29.7M
Total expenses$37.2M
Total assets$171.3M
Net assets$36.7M

People

15 listed

NameRoleCompensation

WILLIAM BUCHANAN

CEO

Board

$217K

29.6 hrs/wk

CHRIS BOTULINSKI

COO

Board

$180K

33.81 hrs/wk

COURTNEY PERDUE

CFO

Board

$143K

33.8 hrs/wk

JASON P BLACK

DIRECTOR

Board

$16K

4 hrs/wk

EDSEL B FORD

DIRECTOR

Board

$16K

5 hrs/wk

JAY LEWIS II

DIRECTOR

Board

$16K

4 hrs/wk

GARY R JOHNSON

ASSISTANT SE

Board

$16K

5 hrs/wk

JOHN M QUANTZ

SECRETARY/TR

Board

$16K

4 hrs/wk

C MICHAEL SANDRIDGE

VICE PRESIDE

Board

$16K

4 hrs/wk

KEITH L SWISHER

PRESIDENT

Board

$16K

8 hrs/wk

SHAY MCMULLEN

LINE CREW FO

Staff

$128K

50 hrs/wk

KEVIN BRYANT

LINE CREW FO

Staff

$122K

48.31 hrs/wk

STEPHEN CLARK

LINE CREW FO

Staff

$120K

47.3 hrs/wk

TERRY MILLER

AREA SERVICE

Staff

$116K

48.31 hrs/wk

DAKOYTA MINTER

JOURNEYMAN L

Staff

$113K

47.65 hrs/wk

Independent contractors

THAYER POWER AND COMMUNICATION

FIBER CONST.

$12.4M

ASPLUNDH TREE EXPERT LLC

ROW CLEARING

$2.9M

LEE ELECTRICAL CONSTRUCTION

CONSTRUCTION

$2.6M

LANTZ CONSTRUCTION COMPANY

REMODEL

$1.9M

VANTAGE POINT

FIBER ENGINEER

$1.7M

Details

EIN540130127
Subsection12
Ruling date1940-08
Formed1938
Employees67
BARC ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo