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Filing year 2024

LYNCHES RIVER ELECTRIC COOPERATIVE INC

Pageland, South Carolina·EIN 57-0201923·501(c)(12)
Total revenue
$66.1M
Total assets
$148.7M
Total expenses
$66.3M
Reported officers
16
Mission

TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF 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
75th to 90th percentile
$284k
$301k
Base
$214k
Bonus
Other
$625
Benefits
$19k
CFO
75th to 90th percentile
$229k
$243k
Base
$168k
Bonus
Other
$270
Benefits
$24k
VP Engineer/
Board Vice President
Median to 75th percentile
$180k
$191k
Base
$122k
Bonus
Other
$1k
Benefits
$24k
Crew Leader
Highest Compensated Employee
Median to 75th percentile
$177k
$188k
Base
$126k
Bonus
Other
$204
Benefits
$23k
Staking Tech
Highest Compensated Employee
Median to 75th percentile
$167k
$177k
Base
$125k
Bonus
Other
$222
Benefits
$12k
Lineman Firs
Highest Compensated Employee
25th percentile to median
$164k
$174k
Base
$131k
Bonus
Other
$204
Benefits
$12k
Trustee
Board Member
Median to 75th percentile
$44k
$47k
Vice Chair
Board Vice Chair
Median to 75th percentile
$36k
$38k
Trustee
Board Member
Median to 75th percentile
$26k
$27k
Chairman
Board Chair
25th percentile to median
$21k
$22k
Trustee
Board Member
Median to 75th percentile
$18k
$19k
Trustee
Board Member
Median to 75th percentile
$17k
$18k
Trustee
Board Member
25th percentile to median
$14k
$15k
Secretary/tr
Officer (Unspecified)
$14k
$15k
Trustee Jan-
Board Member
25th percentile to median
$5k
$5k
Trustee Oct-
Board Member
10th to 25th percentile
$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 $339k in 2023 to $284k in 2024.

$339k
2023
$284k
2024
In today's dollarsEst.
Down 19% in real terms$370k to $301k

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 16% from 2023 to 2024, while revenue rose 3%.

$339k in 2023 to $284k in 2024.
  • Chief Financial Officer pay rose 24% from 2023 to 2024.
  • Board Vice President pay rose 11% 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

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

RevenueExpenses
$64.3M
$62.8M
2023
$66.1M
$66.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LYNCHES RIVER ELECTRIC COOPERATIVE INC

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

In 2024, the Chief Executive Officer of LYNCHES RIVER ELECTRIC COOPERATIVE INC received $283,884 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LYNCHES 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 LYNCHES RIVER ELECTRIC COOPERATIVE INC falls between the 75th and 90th percentiles.

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

In 2024, LYNCHES RIVER ELECTRIC COOPERATIVE INC reported $66.1M in total revenue and $66.3M in total expenses on its IRS Form 990.

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