NonprofitsWest Kentucky Rural Electric Cooperative Corporation

West Kentucky Rural Electric Cooperative Corporation

MAYFIELD, KY

Total revenue

$109.8M

Total expenses

$107.2M

Net assets

$97.6M

Grants received

EIN

610378848

Tax year

2024

Mission

Distribute electricity to cooperative's members at the lowest cost consistent with sound management.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$109.2M
Investment income$144K
Other revenue$481K
Total revenue$109.8M

Expenses

Grants paid
Salaries & benefits$10.5M
Fundraising
Other expenses$96.7M
Total expenses$107.2M
Total assets$193.1M
Net assets$97.6M

People

19 listed

NameRoleCompensation

DAVID SMART

PRESIDENT/CEO

Board

$303K

40 hrs/wk

HEATHER FOLEY

VP OF ADMIN & FINANCE

Board

$168K

40 hrs/wk

ROBERT HARGROVE

BOARD PRESIDENT

Board

$16K

5.06 hrs/wk

BENNY ADAIR

BOARD MEMBER

Board

$16K

6.58 hrs/wk

JAMIE POTTS

BOARD MEMBER

Board

$16K

4.73 hrs/wk

TROY ENGLISH

BOARD VICE PRESIDENT

Board

$16K

6.59 hrs/wk

MIKE BURCHETT

BOARD MEMBER

Board

$15K

2.31 hrs/wk

KEVIN CRIDER

BOARD MEMBER

Board

$14K

3.56 hrs/wk

JED CLARK

BOARD MEMBER

Board

$14K

3.31 hrs/wk

CHAD WILLETT

BOARD SEC/TREAS

Board

$14K

3.96 hrs/wk

MARK ELLIOTT

BOARD MEMBER

Board

$14K

3.88 hrs/wk

DENNIS BARNES

BOARD MEMBER

Board

$13K

2.85 hrs/wk

JUSTIN MCCANN

VP OF ENGINEERING

Staff

$169K

40 hrs/wk

WILLIAM EVANS

VP OF OPERATIONS

Staff

$156K

40 hrs/wk

ROBERT WICKER

MANAGER OF OPERATIONS

Staff

$151K

40 hrs/wk

JERRY BECKLEY

VP OF COMPUTING & IT

Staff

$144K

40 hrs/wk

STEVEN WATKINS

JOURNEY LINEMAN

Staff

$137K

40 hrs/wk

RYAN MORTON

JOURNEY LINEMAN

Staff

$130K

40 hrs/wk

KEVIN ENGLAND

JOURNEY LINEMAN

Staff

$129K

40 hrs/wk

Independent contractors

MCKENZIE TREE SERVICE

RIGHT OF WAY

$1.2M

WA KENDALL & CO

RIGHT OF WAY

$1.1M

CRUSE POWERLINE CONSTRUCTION

LINE CONSTRUCTION

$1.0M

XYLEM TREE EXPERTS

RIGHT OF WAY

$892K

SWIFT ENVIRONMENTAL

UNDERGROUND LINE CONSTRUCTION

$547K

Details

EIN610378848
Subsection12
Ruling date1942-12
Formed1938
Employees112
Volunteers0
WEST KENTUCKY RURAL ELECTRIC COOPERATIVE CORPORATION — Mission, Financials & Grants Received | Grantivo