EIN 57-0128696

Broad River Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
57
City
Gaffney
Year formed
1940
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Broad River Electric Cooperative is committed to providing safe, reliable, and reasonably priced electric and other energy related services while constantly seeking to improve the communities it serves.
Total revenues
$56,431,065
2022
Total expenses
$56,571,901
2022
Total assets
$143,703,578
2022
Num. employees
57
2022

Program areas at Broad River Electric Cooperative

Your Cooperative is committed to the provision of safe, reliable and reasonably priced Electric and other energy related services while improving the communities we serve.

Who funds Broad River Electric Cooperative

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Central Electric Power CooperativeEconomic Development$1,262,000

Personnel at Broad River Electric Cooperative

NameTitleCompensation
Terry W MallardPresident and Chief Executive Officer$443,668
Cary JohnsonVice President - Operations$169,120
Andrew AllsbrookVice President - Engineering$134,795
Jeffery S HumphriesVice President - Economic Development / Vice President - Economic / Vice President - Engineering$137,829
Kenny GriswoldVice President - Information Technology$119,702
...and 4 more key personnel

Financials for Broad River Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$56,294,145
Investment income and dividends$89,127
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$81,682
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-33,889
Total revenues$56,431,065

Form 990s for Broad River Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-07990View PDF
2021-122022-11-01990View PDF
2020-122021-10-21990View PDF
2019-122021-06-08990View PDF
2018-122020-01-28990View PDF
...and 10 more Form 990s

Organizations like Broad River Electric Cooperative

OrganizationLocationRevenue
Lorain-Medina Rural Electric CooperativeWellington, OH$48,347,059
Smarr EMCTucker, GA$98,894,071
Crow Wing Cooperative Power and LightBrainerd, MN$91,498,148
L&o Power CooperativeRock Rapids, IA$39,486,397
Coosa Valley Electric CooperativeTalladega, AL$50,119,583
Rayle Electric Membership CorporationWashington, GA$42,378,192
Joe Wheeler Electric Membership CorporationTrinity, AL$182,521,630
Oconee Electric Membership CorporationDudley, GA$34,153,511
Arab Electric CooperativeArab, AL$42,047,974
Somerset Rural Electric CoopSomerset, PA$27,920,953
Data update history
January 1, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Updated personnel
Identified 1 new personnel
December 30, 2023
Received grants
Identified 1 new grant, including a grant for $1,262,000 from Central Electric Power Cooperative
December 25, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 2269
Gaffney, SC 29342
County
Cherokee County, SC
Website URL
broadriverelectric.com/ 
Phone
(864) 489-5737
IRS details
EIN
57-0128696
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1940
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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