NonprofitsBlue Ridge Electric Cooperative

Blue Ridge Electric Cooperative

PICKENS, SC

Total revenue

$208.0M

Total expenses

$208.0M

Net assets

$88.9M

Grants received

$974K

2 grants

EIN

570125510

Tax year

2024

Mission

To provide the best possible electric service to all who desire it within the system area at a reasonable cost consistent with the highest standards of service.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$207.7M
Investment income$185K
Other revenue$130K
Total revenue$208.0M

Expenses

Grants paid
Salaries & benefits$1.1M
Fundraising
Other expenses$194.0M
Total expenses$208.0M
Total assets$580.1M
Net assets$88.9M

People

15 listed

NameRoleCompensation

JAMES LOVINGGOOD

PRESIDENT &

Board

$544K

50 hrs/wk

JIMMY LEE DODGENS

TRUSTEE

Board

$57K

5 hrs/wk

JOEL R DAVIS

TRUSTEE

Board

$53K

5 hrs/wk

LEN TALLEY

CHAIRMAN

Board

$53K

5 hrs/wk

MENDEL STONE

VICE CHAIRMA

Board

$51K

5 hrs/wk

WILLIAM G ELROD

TRUSTEE

Board

$48K

5 hrs/wk

KENNETH SOUTHERLIN

TRUSTEE

Board

$48K

5 hrs/wk

J SPENCER DALTON

TRUSTEE

Board

$43K

5 hrs/wk

WILLIAM ANDERSON

TREASURER

Board

$27K

5 hrs/wk

FRANKLIN M LOOPER JR

SECRETARY

Board

$19K

5 hrs/wk

DAVID COLLINS

VP FINANCE

Staff

$352K

50 hrs/wk

ZACH HINTON

VP OF BROADB

Staff

$324K

50 hrs/wk

DENISE MCCORMICK

VP MEMBER SE

Staff

$319K

50 hrs/wk

MARK WATERS

VP ENGINEERI

Staff

$308K

50 hrs/wk

TERREL BALLENGER

VP OF COMMUN

Staff

$260K

50 hrs/wk

Independent contractors

ELECTRICOM

FIBER INSTALLAT

$16.0M

SUMTER UTILITIES

CONSTRUCTION

$4.1M

CALDWELL LANDSCAPING

ROW CLEARING

$2.9M

EAST COAST UNDERGROUND CONSTRUCTION

UG BORING

$1.7M

PIKE ELECTRIC

CONSTRUCTION

$1.2M

Grants received

Showing 2 of 2

FromAmountPurposeYear
$326K
ECONOMIC DEVELOPMENT
2022
$647K
ECONOMIC DEVELOPMENT
2020

Funded by

$974K from 1 funder · 2 grants · 2020–2022

Central Electric Power Cooperative Inc

$974K · 2 grants · 2020–2022

Details

EIN570125510
Subsection12
Ruling date1942-08
Formed1940
Employees214
BLUE RIDGE ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo