NonprofitsSalt River Electric Cooperative Corporation

Salt River Electric Cooperative Corporation

BARDSTOWN, KY

Total revenue

$137.8M

Total expenses

$137.8M

Net assets

$138.8M

Grants received

EIN

610329022

Tax year

2024

Mission

Distribution sales of electricity on a patronage basis to an average of approximately 56,857 consumers monthly.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$134.6M
Investment income$1.1M
Other revenue$2.1M
Total revenue$137.8M

Expenses

Grants paid$8K
Salaries & benefits$11.4M
Fundraising
Other expenses$122.7M
Total expenses$137.8M
Total assets$221.0M
Net assets$138.8M

People

13 listed

NameRoleCompensation

TIM SHARP

PRESIDENT & CEO

Board

$381K

45 hrs/wk

JAIME ROBY

CFO

Board

$147K

45 hrs/wk

JOHN HUTCHINS

DIRECTOR

Board

$24K

5 hrs/wk

GEORGE MADDOX

SECRETARY

Board

$22K

5 hrs/wk

JOSEPH OSBORNE

DIRECTOR

Board

$20K

5 hrs/wk

DARRELL TINGLE

TREASURER

Board

$20K

5 hrs/wk

DAVID STEVENS

VICE CHAIRMAN

Board

$20K

5 hrs/wk

LINDA WEST

CHAIRMAN

Board

$18K

5 hrs/wk

CHASE MILLS

COO

Staff

$161K

45 hrs/wk

WILLIAM CLEMENTS

LINEMAN

Staff

$160K

45 hrs/wk

RICHARD HOOPS

LINEMAN

Staff

$153K

45 hrs/wk

WILLIAM TUCKER

LINEMAN

Staff

$152K

45 hrs/wk

DAMIEN BALLARD

LINEMAN

Staff

$149K

45 hrs/wk

Independent contractors

DAVID ELLIOT CONSTUCTION

LINE CONSTRUCTION

$1.3M

ASPLUNDH TREE EXPERT LLC

TREE TRIMMING

$1.1M

COUNTRY LINE TREE SERVICES LLC

TREE TRIMMING

$1.0M

M&M ELECTRICAL

LINE CONSTRUCTION

$753K

MOORE'S TREE SERVICE

TREE TRIMMING

$628K

Details

EIN610329022
Subsection12
Ruling date1957-12
Formed1936
Employees74
Volunteers0
SALT RIVER ELECTRIC COOPERATIVE CORPORATION — Mission, Financials & Grants Received | Grantivo