Lynches River Electric Cooperative Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 570201923 ✦ Pageland, SC ✦ Designated as a 501(c)(12)

Overview

What is Lynches River Electric Cooperative Inc?

Lynches River Electric Cooperative Inc is a nonprofit organization based in Pageland, South Carolina. Their primary mission is to deliver top-notch electric services to all who require it within their service area, ensuring reasonable costs while maintaining the highest standards of service. The cooperative employs a team of 70 individuals dedicated to this cause.


Official website here: www.lynchesriver.com

Is Lynches River Electric Cooperative Inc legitimate?

Lynches River Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lynches River Electric Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $490,334
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lynchesriver.com

What is the mission statement of Lynches River Electric Cooperative Inc?

Lynches River Electric Cooperative Inc is dedicated to delivering superior electric service to all those who seek it within their service area. They prioritize reasonable costs while maintaining the highest standards of service provision. Their goal is to ensure every customer receives the best possible electric service.


Official website here: www.lynchesriver.com

Who is the CEO of Lynches River Electric Cooperative Inc?

Brian W Broughton is the Ceo of Lynches River Electric Cooperative Inc. The CEO's salary of Lynches River Electric Cooperative Inc is $273,934 and their total compensation is $347,810.


Official website here: www.lynchesriver.com

What is the revenue of Lynches River Electric Cooperative Inc?

Lynches River Electric Cooperative Inc's revenue in 2022 was $59,003,883.


Official website here: www.lynchesriver.com

Who are the executives of Lynches River Electric Cooperative Inc and what are their salaries?

The average compensation at Lynches River Electric Cooperative Inc during 2022 was $7,005. There are 70 employees at Lynches River Electric Cooperative Inc.

Here are 16 key members and their salaries (Lynches River Electric Cooperative Inc's CEO's salary is $273,934 and their total compensation is $347,810):

    Brian W Broughton (Ceo)
  • Compensation: $273,934
  • Related: $0
  • Other: $73,876

    • Dustin Catoe (Cfo/Vp Of Fi)
  • Compensation: $122,190
  • Related: $0
  • Other: $61,161

    • Gregory Jordan (Vp Engineer/)
  • Compensation: $122,319
  • Related: $0
  • Other: $55,992

    • Richard Stacks (Crew Leader)
  • Compensation: $120,874
  • Related: $0
  • Other: $41,129

    • Phillip C Deason (Network Engi)
  • Compensation: $109,899
  • Related: $0
  • Other: $51,171

    • Russell Hovis (Crew Forman)
  • Compensation: $110,663
  • Related: $0
  • Other: $42,695

    • Cindy Vincent (Trustee)
  • Compensation: $30,123
  • Related: $0
  • Other: $0

    • Charles M Crawford (Trustee)
  • Compensation: $24,705
  • Related: $0
  • Other: $0

    • Mark Bridges (Secretary/Tr) [Trustee/Director]
  • Compensation: $21,279
  • Related: $0
  • Other: $0

    • Steve Chewning (Trustee)
  • Compensation: $18,593
  • Related: $0
  • Other: $0

    • Theresa S Hicks (Chairman) [Trustee/Director]
  • Compensation: $15,600
  • Related: $0
  • Other: $0

    • John T Blackwell (Trustee)
  • Compensation: $13,340
  • Related: $0
  • Other: $0

    • Harold F Gardner (Vice Chair) [Trustee/Director]
  • Compensation: $11,007
  • Related: $0
  • Other: $0

    • Gary Sowell (Trustee)
  • Compensation: $10,969
  • Related: $0
  • Other: $0

    • Kevin Sims (Trustee)
  • Compensation: $6,815
  • Related: $0
  • Other: $0

    • Myrtle L Faile (Trustee)
  • Compensation: $5,775
  • Related: $0
  • Other: $0


  • Official website here: www.lynchesriver.com

    Where can I find the form 990 for Lynches River Electric Cooperative Inc?

    The Lynches River Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lynchesriver.com

    Learn more at the official website: www.lynchesriver.com

    Mission Statement of Lynches River Electric Cooperative Inc

    Lynches River Electric Cooperative Inc is committed to delivering superior electric service to all who seek it within its system service area. The cooperative's unwavering goal is to provide electricity at reasonable costs while maintaining the highest standards of service.

    In essence, Lynches River Electric Cooperative Inc puts the needs of its members first. The organization is dedicated to ensuring that every household and business within its jurisdiction has access to reliable and efficient electric power. By consistently delivering exceptional service, the cooperative builds trust and fosters strong relationships with its customers.

    Moreover, Lynches River Electric Cooperative Inc is steadfast in its pursuit of excellence. The cooperative's mission reflects its unyielding commitment to providing the best possible electric service. It strives to exceed expectations, making electricity not just a necessity, but also a dependable and affordable commodity for its members.

    The cooperative's unwavering dedication to its mission underpins its every action. From power generation and distribution to customer support and community engagement, Lynches River Electric Cooperative Inc is relentless in its pursuit of providing the best possible electric service to all. By staying true to its mission, the cooperative has built a reputation for reliability and affordability, making it a trusted partner for its members.

    Impact

    This information is meant to be a general summary of Lynches River Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Lynches River Electric Cooperative Inc's impact is evident in its commitment to providing the best possible electric service to all who desire it within its service area at a reasonable cost. By upholding the highest standards of service, Lynches River Electric Cooperative Inc plays a crucial role in ensuring that residents in Pageland, SC, have access to reliable electricity to power their homes and businesses. This commitment not only enhances the quality of life for community members but also supports economic development and growth in the region. Additionally, by operating as a public benefit organization, Lynches River Electric Cooperative Inc exemplifies a dedication to serving the needs of its members and the broader community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $149,384
  • Program Service Revenue: $59,576,007
  • Gross Receipts: $59,003,883

    • Assets and Liabilities:
  • Total Assets: $136,792,882
  • Total Liabilities: $88,926,742
  • Net Assets: $47,866,140
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ELECTRIC REVENUE

    Revenue

    $58,024,991

    FIBER ACCESS REVENUE

    Revenue

    $901,644

    G & T CAPITAL CREDITS

    Revenue

    $311,018

    OTHER CAPITAL CREDITS

    Revenue

    $283,744

    POLE RENTAL

    Revenue

    $54,610

    Organization Details

    Founding Year

    1939

    Principal Officer

    Brian W Broughton

    Main Address

    PO BOX 308, PAGELAND, SC, 29728

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Lynches River Electric Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.