NonprofitsLicking Valley Rural Electric Co-Op Corporation

Licking Valley Rural Electric Co-Op Corporation

WEST LIBERTY, KY

Total revenue

$38.7M

Total expenses

$38.7M

Net assets

$37.4M

Grants received

EIN

610259922

Tax year

2024

Mission

Provide electric service to member owners on a patronage basis. Serve an average of approximately 17,892 consumers monthly.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$37.9M
Investment income$139K
Other revenue$582K
Total revenue$38.7M

Expenses

Grants paid$8K
Salaries & benefits$5.2M
Fundraising
Other expenses$35.2M
Total expenses$38.7M
Total assets$86.8M
Net assets$37.4M

People

15 listed

NameRoleCompensation

KERRY K HOWARD

GENERAL MANAGER/CEO

Board

$153K

40 hrs/wk

SANDRA BRADLEY

ACCOUNTANT

Board

$133K

40 hrs/wk

TOMMY HILL

SEC-TREASURER

Board

$7K

5 hrs/wk

PHILIP WILLIAMS

DIRECTOR

Board

$4K

5 hrs/wk

CK STACY

DIRECTOR

Board

$4K

5 hrs/wk

TED HOLBROOK

VICE PRESIDENT

Board

$4K

5 hrs/wk

J FRANK PORTER

DIRECTOR

Board

$4K

5 hrs/wk

KEVIN HOWARD

DIRECTOR

Board

$4K

5 hrs/wk

ALAN OLDFIELD

DIRECTOR

Board

$4K

5 hrs/wk

DARRELL CUNDIFF

PRESIDENT

Board

$4K

5 hrs/wk

CHRISTOPHER J MURPHY

GENERAL SUPERINTENDENT

Staff

$127K

40 hrs/wk

DEEJAY G SPARKMAN

SUPERVISOR CONST

Staff

$114K

40 hrs/wk

LEROY PHIPPS

FIRST CLASS LINE PERSON

Staff

$106K

40 hrs/wk

JAMES R HINTON

SUPERVISOR ROW

Staff

$106K

40 hrs/wk

PEYTON LOUDERMILK

SUPERVISOR/CONSTRUCTION

Staff

$105K

40 hrs/wk

Independent contractors

BMC CONTRACTING LLC

RIGHT OF WAY

$2.3M

HIGH LINE SERVICES LLC

LINE CONSTRUCTION

$584K

Details

EIN610259922
Subsection12
Ruling date1943-02
Formed1940
Employees44
Volunteers0
LICKING VALLEY RURAL ELECTRIC CO-OP CORPORATION — Mission, Financials & Grants Received | Grantivo