NonprofitsBroad River Electric Cooperative Inc

Broad River Electric Cooperative Inc

COWPENS, SC

Total revenue

$62.3M

Total expenses

$62.4M

Net assets

$50.4M

Grants received

$1.6M

3 grants

EIN

570128696

Tax year

2024

Mission

Your cooperative is committed to the provision of safe, reliable and reasonably priced electric and other energy related services while improving the communities we serve.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$62.2M
Investment income$116K
Other revenue
Total revenue$62.3M

Expenses

Grants paid
Salaries & benefits$925K
Fundraising
Other expenses$57.6M
Total expenses$62.4M
Total assets$166.7M
Net assets$50.4M

People

15 listed

NameRoleCompensation

TERRY W MALLARD

PRESIDENT &

Board

$598K

50 hrs/wk

NORRIS R FOWLER

CHAIRMAN

Board

$24K

15 hrs/wk

WILLIAM ERIC WEST

TRUSTEE

Board

$20K

6 hrs/wk

ANITA P WHITNEY

VICE CHAIRMA

Board

$20K

8 hrs/wk

BOBBY FOSTER

TRUSTEE

Board

$20K

6 hrs/wk

DECOLE GALLMAN

SEC/TREAS

Board

$20K

6 hrs/wk

E DEWITT MCCRAW

TRUSTEE

Board

$20K

6 hrs/wk

KEVIN MOSS

TRUSTEE

Board

$20K

6 hrs/wk

MARK PATTERSON

TRUSTEE

Board

$20K

6 hrs/wk

WILLIAM PEELER

TRUSTEE

Board

$20K

6 hrs/wk

CARY JOHNSON

COO

Staff

$199K

40 hrs/wk

ANDREW ALLSBROOK

CSO-CHIEF ST

Staff

$178K

40 hrs/wk

JOHN B FOWLER

VP-MEMBER SE

Staff

$159K

40 hrs/wk

JEFFERY S HUMPHRIES

VP-EXTERNAL

Staff

$157K

40 hrs/wk

KENNETH GRISWOLD

VP-INFORMATI

Staff

$140K

40 hrs/wk

Independent contractors

ASPLUNDH TREE EXPERT CO

ROW CLEARING

$2.0M

UTILTITY PARTNERS OF AMERICA

ELECTRIC DIST.

$1.3M

STORM SERVICES LLC

STORM RESPONSE

$1.3M

ANDIS LLC

ROW CLEARING

$662K

TEMPEST ENERGY LLC

STORM RESPONSE

$535K

Grants received

Showing 3 of 3

FromAmountPurposeYear
$300K
ECONOMIC DEVELOPMENT
2023
$1.3M
ECONOMIC DEVELOPMENT
2022
$50K
ECONOMIC DEVELOPMENT
2020

Funded by

$1.6M from 1 funder · 3 grants · 2020–2023

Central Electric Power Cooperative Inc

$1.6M · 3 grants · 2020–2023

Details

EIN570128696
Subsection12
Ruling date1942-05
Formed1940
Employees61
BROAD RIVER ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo