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EIN 61-0344362

South Kentucky Rural Electric Cooperative Corporation

IRS 501(c) type
501(c)(12)
Num. employees
154
City
Somerset
State
Kentucky
Year formed
1938
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
Provide electricity to member owners on a patronage basis. Serve an average of approximately 66,500 consumers monthly. Serve an average of approximately 67,300 consumers monthly. Serve an average of approximately 68,700 consumers monthly. Serve an average of approximately 69,713 consumers monthly. Serve an average of approximately 70,355 consumers monthly.
Total revenues
$153,526,188
2023
Total expenses
$153,526,188
2023
Total assets
$351,424,686
2023
Num. employees
154
2023

Program areas at South Kentucky Rural Electric Cooperative Corporation

Provide Electric service to member owners on a patronage basis. Serve an average of approximately 70,514 consumers monthly.

Personnel at South Kentucky Rural Electric Cooperative Corporation

NameTitleCompensation
John K NewtonChief Operating Officer and Chief Executive Officer$226,851
Shelley YoungChief Financial Officer$179,098
Mark GossChief Legal Officer$213,153
Michelle HerrmanFormer Chief Financial Officer$190,336
David UpchurchDirector of Operations$142,767
...and 13 more key personnel

Financials for South Kentucky Rural Electric Cooperative Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$147,117,464
Investment income and dividends$1,609,306
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$14,700
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$4,784,718
Total revenues$153,526,188

Form 990s for South Kentucky Rural Electric Cooperative Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-13990View PDF
2022-122023-05-10990View PDF
2021-122022-05-16990View PDF
2020-122021-06-30990View PDF
2019-122021-01-04990View PDF
...and 12 more Form 990s

Organizations like South Kentucky Rural Electric Cooperative Corporation

OrganizationLocationRevenue
Northwestern Electric CooperativeWoodward, OK$44,541,170
Cumberland Valley ElectricGray, KY$61,782,412
Salt River Electric CooperativeBardstown, KY$134,671,914
Blue Grass Energy Cooperative CorporationNicholasville, KY$151,939,523
Jackson County Rural Electric Membership CorporationBrownstown, IN$81,164,964
Moon Lake Electric AssociationRoosevelt, UT$95,645,616
Buckeye Rural Electric CooperativeRio Grande, OH$45,001,606
Golden Valley Electric AssociationFairbanks, AK$290,488,698
Navopache Electric Cooperative IncorporatedLakeside, AZ$63,579,633
Pioneer Rural Electric CooperativePiqua, OH$76,695,547
Data update history
July 21, 2024
Updated personnel
Identified 4 new personnel
July 17, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 10, 2024
Used new vendors
Identified 1 new vendor, including
February 17, 2024
Posted financials
Added Form 990 for fiscal year 2022
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 levelProvides scholarships
General information
Address
PO Box 910
Somerset, KY 42502
County
Pulaski County, KY
Website URL
skrecc.com/ 
Phone
(606) 678-4121
IRS details
EIN
61-0344362
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1938
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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