Skip to main content
Filing year 2024

BLUE GRASS ENERGY COOPERATIVE CORP

Nicholasville, Kentucky·EIN 43-1948188·NTEE Y22 · Mutual & Membership Benefit·501(c)(12)
Total revenue
$159.6M
Total assets
$320.3M
Total expenses
$159.6M
Reported officers
17
Mission

DISTRIBUTION SALES OF ELECTRICITY ON A PATRONAGE BASIS TO A MONTHLY AVERAGE OF APPROXIMATELY 64,000 CONSUMERS. BLUE GRASS ENERGY'S MISSION IS TO PROVIDE SAFE, RELIABLE, AFFORDABLE ENERGY SERVICES, WHILE IMPROVING THE QUALITY OF LIFE FOR OUR MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

President/ceo
Above 90th percentile
$506k
$537k
Base
$438k
Bonus
Other
Benefits
$69k
Vp-engineering
Highest Compensated Employee
Median to 75th percentile
$246k
$261k
Base
$205k
Bonus
Other
Benefits
$41k
Vp-member Services
Highest Compensated Employee
Median to 75th percentile
$237k
$252k
Base
$168k
Bonus
Other
Benefits
$69k
Vp-public Relations
Highest Compensated Employee
Median to 75th percentile
$217k
$230k
Base
$153k
Bonus
Other
Benefits
$64k
Vp-corporate Service
Highest Compensated Employee
Median to 75th percentile
$183k
$195k
Base
$165k
Bonus
Other
Benefits
$19k
Vp-financial Service
Officer (Unspecified)
$177k
$188k
Base
$136k
Bonus
Other
Benefits
$41k
First Class Line Tech
Highest Compensated Employee
25th percentile to median
$154k
$163k
Base
$137k
Bonus
Other
Benefits
$17k
Vp-financial Service
Officer (Unspecified)
$87k
$93k
Base
$76k
Bonus
Other
Benefits
$12k
Former Director
Former Officer/director/trustee
25th percentile to medianvs all sectors nationwide
$36k
$39k
Base
$36k
Bonus
Other
Benefits
Chairman
Board Chair
25th percentile to median
$23k
$25k
Sec/treasurer
Officer (Unspecified)
$22k
$23k
Director
Board Member
Median to 75th percentile
$21k
$22k
Vice Chairman
Board Vice Chair
Median to 75th percentilevs all sectors nationwide
$21k
$22k
Director
Board Member
Median to 75th percentile
$20k
$21k
Director
Board Member
Median to 75th percentile
$19k
$20k
Director
Board Member
Median to 75th percentile
$19k
$20k
Director
Board Member
25th percentile to median
$18k
$19k

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.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at BLUE GRASS ENERGY COOPERATIVE CORP equaled 0.3% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
0.3%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 51%
from 2023

From $1M in 2023 to $506k in 2024.

$1M
2023
$506k
2024
In today's dollarsEst.
Down 52% in real terms$1.1M to $537k

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

Highest Compensated Employee pay rose 1% from 2023 to 2024, while revenue rose 5%.

$243k in 2023 to $246k in 2024.
  • Former Officer/director/trustee pay rose 114% from 2023 to 2024.
  • Board Chair pay rose 3% 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about BLUE GRASS ENERGY COOPERATIVE CORP

What does the Chief Executive Officer of BLUE GRASS ENERGY COOPERATIVE CORP earn?

In 2024, the Chief Executive Officer of BLUE GRASS ENERGY COOPERATIVE CORP received $506,388 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Mutual & Membership Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BLUE GRASS ENERGY COOPERATIVE CORP compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at BLUE GRASS ENERGY COOPERATIVE CORP falls in the top 10%. In 2024, the highest total compensation at BLUE GRASS ENERGY COOPERATIVE CORP equaled 0.3% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are BLUE GRASS ENERGY COOPERATIVE CORP's revenue and expenses?

In 2024, BLUE GRASS ENERGY COOPERATIVE CORP reported $159.6M in total revenue and $159.6M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.