NonprofitsFort Loudoun Electric Cooperative

Fort Loudoun Electric Cooperative

VONORE, TN

Total revenue

$93.2M

Total expenses

$89.4M

Net assets

$103.0M

Grants received

EIN

620204106

Tax year

2024

Mission

To provide electricity to rural areas of monroe, loudon, and blount counties in east tennessee.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$90.0M
Investment income$739K
Other revenue$2.4M
Total revenue$93.2M

Expenses

Grants paid
Salaries & benefits$7.2M
Fundraising
Other expenses$82.2M
Total expenses$89.4M
Total assets$121.4M
Net assets$103.0M

People

21 listed

NameRoleCompensation

JARROD BRACKETT

CEO

Board

$181K

44 hrs/wk

LELAND CHAD KIRKPATRICK

VP

Board

$160K

43 hrs/wk

MICHAEL C WEBB

CFO

Board

$155K

41 hrs/wk

SHEILA MONTOOTH

VP

Board

$121K

41 hrs/wk

LISA LINGERFELT

VP

Board

$120K

41 hrs/wk

BEN WARD

DIRECTOR

Board

$15K

5 hrs/wk

DENNY STEPHENS

DIRECTOR

Board

$14K

5 hrs/wk

LEWIS JONES

DIRECTOR

Board

$14K

5 hrs/wk

MIKE WIGGINS

DIRECTOR

Board

$14K

5 hrs/wk

VERNON DAVIS

DIRECTOR

Board

$11K

5 hrs/wk

JR PUGH

DIRECTOR

Board

$11K

5 hrs/wk

ANGELA TALLENT

DIRECTOR

Board

$11K

5 hrs/wk

CRYSTAL GREENE

DIRECTOR

Board

$8K

5 hrs/wk

TOM GREENE

DIRECTOR

Board

$5K

5 hrs/wk

TODD PUGH

DIRECTOR

Board

$1K

5 hrs/wk

SHANE SCHAFFER

SUPERVISOR

Staff

$159K

59 hrs/wk

PHILLIP TEAGUE

FOREMAN

Staff

$152K

52 hrs/wk

MASSEY PRINCE

JOURNEYMAN LINEMAN

Staff

$147K

54 hrs/wk

DREW NOBLETT

JOURNEYMAN LINEMAN

Staff

$143K

54 hrs/wk

ERIC GIBSON

FOREMAN

Staff

$132K

50 hrs/wk

ROBERT HUNT

FOREMAN

Staff

$131K

53 hrs/wk

Independent contractors

SERVICE ELECTRIC

LINE CREW CONTRACTOR

$2.4M

STRICKLAND TREE SERVICE

RIGHT OF WAY CUTTING

$1.6M

REAL TREE

RIGHT OF WAY CUTTING

$875K

BRIAN COADA

URD CONTRACTOR

$521K

PATTERSON & DEWAR ENGINEERING

ENGINEERING SERVICES

$465K

Details

EIN620204106
Subsection12
Ruling date1942-04
Formed1940
Employees85
Volunteers0
FORT LOUDOUN ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo