Taylor County Rural Electric Cooperative Corporation

Organization Overview

Taylor County Rural Electric Cooperative Corporation is located in Campbellsville, KY. The organization was established in 1940. 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 12/2023, Taylor County Rural Electric Cooperative Corporation employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taylor County Rural Electric Cooperative Corporation 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 12/2023, Taylor County Rural Electric Cooperative Corporation generated $57.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $57.0m during the year ending 12/2023. While expenses have increased by 1.9% per year over the past 8 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

DISTRIBUTION SALES OF ELECTRICITY TO A MONTHLY AVERAGE OF APPROXIMATELY 27,841 CONSUMERS ON A PATRONAGE BASIS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DISTRIBUTION SALES OF ELECTRICITY TO A MONTHLY AVERAGE OF APPROXIMATELY 27,841 CONSUMERS ON A PATRONAGE BASIS.


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Board, Officers & Key Employees

Name (title)Compensation
Donald Shuffett
Director
$40,336
Chad Taylor
President
$22,025
Chris Tucker
Vice-President
$23,900
Bradley Irvin
Treasurer
$21,100
Raymond Rucker
Director
$32,761
Greg Corbin
Director
$19,800

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wa Kendall & Company Llc
Right Of Way
$3,156,376
Nelson Tree Service
Right Of Way
$1,673,097
Phase Iii Construction Inc
Line Construction
$1,025,280
Davey Resource Group Inc
Gps/pole Tag System
$496,741
Ground Solutions
Right Of Way
$209,890
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$55,723,020
Investment income $29,938
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $57,000,482

Peer Organizations

Organization NameAssets
Southwest Tennessee Electric Membership Corp
Brownsville, TN
$132,788,370
Appalachian Electric Cooperative
New Market, TN
$126,269,477
Northeastern Rural Electric Membership Corporation
Columbia City, IN
$122,357,885
Gibson Electric Membership Corp
Trenton, TN
$121,430,242
Central Virginia Electric Cooperative
Lovingston, VA
$114,615,100
N W Electric Power Cooperative Inc
Cameron, MO
$113,398,837
Sequachee Valley Electric Cooperative
South Pittsburg, TN
$112,585,937
South Central Indiana Rural Electric Membership Corporation
Martinsville, IN
$101,798,961
Nolin Rural Electric Cooperative Corporation
Elizabethtown, KY
$102,908,461
Hendricks County Rural Electric Membership Corporation
Danville, IN
$102,543,098
Holston Electric Cooperative Inc
Rogersville, TN
$101,432,047
West Kentucky Rural Electric Cooperative Corporation
Mayfield, KY
$101,104,837
Jackson Purchase Energy Corporation
Paducah, KY
$99,427,396
Northeast Missouri Electric Power Cooperative
Palmyra, MO
$99,763,852
Mecklenburg Electric Cooperative
Chase City, VA
$100,631,363
Corn Belt Electric Cooperative Inc
Bloomington, IL
$91,331,713
Fleming-Mason Energy Cooperative Inc
Flemingsburg, KY
$90,808,955
Southeastern Illinois Electric
Carrier Mills, IL
$88,029,423
A & N Electric Cooperative
Tasley, VA
$86,304,717
Fort Loudoun Electric Cooperative
Vonore, TN
$82,796,643
Tipmont Rural Electric Membership Corporation
Linden, IN
$79,467,058
Ozark Electric Cooperative
Mount Vernon, MO
$76,057,964
Western Indiana Energy Rural Electric Membership Corporation
Vincennes, IN
$76,031,018
Pioneer Rural Electric Cooperative Inc
Piqua, OH
$75,418,373
Laclede Electric Cooperative
Lebanon, MO
$74,741,807

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