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Filing year 2024

BLACK RIVER ELECTRIC COOPERATIVE INC

Sumter, South Carolina·EIN 57-0124487·501(c)(12)
Total revenue
$91.4M
Total assets
$133.2M
Total expenses
$90.9M
Reported officers
16
Mission

TO PROVIDE RURAL AND URBAN AREAS WITHIN THE COOPERATIVES'S ASSIGNED SERVICE TERRITORY WITH RELIABLE, AFFORDABLE ELECTRICITY WHILE ALSO PROVIDING MEMBERS WITH EXCELLENT CUSTOMER SERVICE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO
Above 90th percentile
$325k
$344k
Base
$250k
Bonus
Other
$2k
Benefits
COO
Median to 75th percentile
$202k
$215k
Base
$176k
Bonus
Other
$2k
Benefits
$23k
VP Support S
Board Vice President
Median to 75th percentile
$198k
$210k
Base
$145k
Bonus
Other
Benefits
$11k
Ops. Superin
Highest Compensated Employee
Median to 75th percentile
$197k
$209k
Base
$134k
Bonus
Other
Benefits
$10k
Crew Foreman
Highest Compensated Employee
Median to 75th percentile
$178k
$189k
Base
$129k
Bonus
Other
Benefits
$8k
Crew Foreman
Highest Compensated Employee
Median to 75th percentile
$178k
$189k
Base
$137k
Bonus
Other
Benefits
$10k
Ceo-emeritus
Former Officer/director/trustee
25th percentile to median
$38k
$41k
Base
$21k
Bonus
Other
$7k
Benefits
$32
Vice Chair-t
Officer (Unspecified)
$28k
$30k
Chair-trust
Officer (Unspecified)
$25k
$26k
Trustee
Board Member
Median to 75th percentile
$23k
$25k
Chaplain-tru
Board Member
Median to 75th percentile
$22k
$24k
Trustee
Board Member
Median to 75th percentile
$21k
$22k
Secretary-tr
Officer (Unspecified)
$20k
$22k
Trustee
Board Member
Median to 75th percentile
$17k
$18k
Trustee
Board Member
25th percentile to median
$12k
$13k
Trustee
Board Member
25th percentile to median
$11k
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Down 20%
from 2023

From $408k in 2023 to $325k in 2024.

$408k
2023
$325k
2024
In today's dollarsEst.
Down 23% in real terms$446k to $344k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 20% from 2023 to 2024, while revenue rose 9%.

$408k in 2023 to $325k in 2024.
  • Board Vice President pay held roughly steady from 2023 to 2024.
  • Highest Compensated Employee pay rose 17% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

BLACK RIVER ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$84M
$83.6M
2023
$91.4M
$90.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about BLACK RIVER ELECTRIC COOPERATIVE INC

What does the Chief Executive Officer of BLACK RIVER ELECTRIC COOPERATIVE INC earn?

In 2024, the Chief Executive Officer of BLACK RIVER ELECTRIC COOPERATIVE INC received $324,608 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BLACK RIVER ELECTRIC COOPERATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at BLACK RIVER ELECTRIC COOPERATIVE INC falls in the top 10%.

What are BLACK RIVER ELECTRIC COOPERATIVE INC's revenue and expenses?

In 2024, BLACK RIVER ELECTRIC COOPERATIVE INC reported $91.4M in total revenue and $90.9M in total expenses on its IRS Form 990.

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