Black River Electric Cooperative

Organization Overview

Black River Electric Cooperative is located in Fredericktown, MO. The organization was established in 1939. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Black River Electric Cooperative employed 84 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black River Electric Cooperative is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Black River Electric Cooperative generated $49.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $49.6m during the year ending 12/2021. While expenses have increased by 16.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE ELECTRIC POWER

Describe the Organization's Program Activity:

Part 3 - Line 4a

DISTRIBUTION OF ELECTRICAL POWER TO CONSUMERS


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Board, Officers & Key Employees

Name (title)Compensation
John H Singleton
CEO
$175,938
Paul I Montgomery
Mgr Engineer
$156,375
John C Eaves
CFO
$136,852
Donald E England
Mgr Of Const
$136,301
Korey M King
District Man
$119,481
Thomas Mooney
Secretary
$39,373

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Pike Electric Inc
Construction
$864,141
Townsend Tree Service Inc
Row Contractor
$3,141,953
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,172,530
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,172,530
Total Program Service Revenue$48,118,894
Investment income $61,936
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $166,297
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $49,558,459

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