NonprofitsMeade County Rural Electric Cooperative Corporation

Meade County Rural Electric Cooperative Corporation

BRANDENBURG, KY

Total revenue

$86.6M

Total expenses

$86.6M

Net assets

$41.3M

Grants received

EIN

610277343

Tax year

2024

Mission

Provide electric service to member owners on a patronage basis. Serve an average of approximately 31,485 consumers monthly.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$85.8M
Investment income$242K
Other revenue$568K
Total revenue$86.6M

Expenses

Grants paid
Salaries & benefits$8.4M
Fundraising
Other expenses$77.6M
Total expenses$86.6M
Total assets$114.2M
Net assets$41.3M

People

14 listed

NameRoleCompensation

MARTIN LITTREL

PRESIDENT/CEO

Board

$360K

60 hrs/wk

ANNA SWANSON

CFO

Board

$181K

50 hrs/wk

DARLA SIPES

SECRETARY/TREASURER

Board

$20K

10 hrs/wk

CHRISTOPHER CREECH

DIRECTOR

Board

$12K

8 hrs/wk

GREG HARDESTY

DIRECTOR

Board

$12K

8 hrs/wk

DAVID T WILSON II

DIRECTOR

Board

$11K

8 hrs/wk

DR JAMES G SILLS

VICE CHAIRMAN

Board

$11K

8 hrs/wk

STEPHEN BARR

CHAIRMAN

Board

$9K

10 hrs/wk

PAUL EDD BUTLER

DIRECTOR

Board

$9K

10 hrs/wk

MICHAEL FRENCH

VP OF ENGINEERING

Staff

$147K

50 hrs/wk

TODD BLACKBURN

VP CORPORATE COMPLIANCE

Staff

$145K

50 hrs/wk

CHARLES MATTINGLY

JOURNEYMAN LINEMAN

Staff

$133K

49 hrs/wk

KELLY NICHOLS

FOREMAN LINEMAN

Staff

$127K

49 hrs/wk

JOHN CROSIER

DIRECTOR OF OPERATIONS

Staff

$123K

50 hrs/wk

Independent contractors

THE TOWNSEND CORP

RIGHT OF WAY

$2.9M

M&M ELECTRICAL CONTRACTOR

POWER LINE CONSTRUCTION

$475K

Details

EIN610277343
Subsection12
Ruling date1938-03
Formed1937
Employees80
Volunteers0
MEADE COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION — Mission, Financials & Grants Received | Grantivo