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Filing year 2024

LITTLE RIVER ELECTRIC COOPERATIVE INC

Abbeville, South Carolina·EIN 57-0199889·12
Total revenue
$34.2M
Total assets
$80.5M
Total expenses
$33.9M
Reported officers
16
Mission

TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.

Executive compensation, broken down

Form 990 · Schedule J · 16 reported individuals · Filing year 2024

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
Gm/ceo Thru
officer (unspecified)
$309k
$327k
Gm/ceo Eff 1
officer (unspecified)
$209k
$222k
Distr. Sys.
highest compensated employee
$184k
$195k
Engineer Ser
highest compensated employee
$179k
$190k
Operation Se
highest compensated employee
$178k
$189k
Mgr. of Fina
highest compensated employee
$178k
$189k
Dist. Sys. F
highest compensated employee
$173k
$184k
Vice Preside
vice president
$21k
$22k
Secretary/tr
officer (unspecified)
$18k
$19k
Trustee
board member
$18k
$19k
$15k
$16k
Trustee
board member
$14k
$15k
Trustee
board member
$10k
$11k
Trustee
board member
$9k
$10k
Trustee
board member
$6k
$7k
Trustee
board member
$4k
$4k

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 16%
from 2023

From $367k in 2023 to $309k in 2024.

$367k
2023
$309k
2024
In today's dollarsEst.
Down 18% in real terms$401k to $327k

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.

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

Revenue and expenses over time

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

RevenueExpenses
$31.6M
$31.4M
2023
$34.2M
$33.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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