Bluegrass Energy Cooperative Corp

Smothers James

Nicholasville, KY
Tax-exempt since July 2002
EIN: 43-1948188

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Type of Nonprofit

Designated as a 501(c)(12) Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Category: Mutual/Membership Benefit Organizations, Other / Local Benevolent Life Insurance Associations, Mutual Irrigation and Telephone Companies, and Like Organizations (NTEE)

Donations to this organization are not tax deductible.

Revenue

$152M (2023)

Expenses

$152M (2023)

Total Assets

$315M (2023)

Total Liabilities

$145M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Revenue

$151,939,523

Expenses

$151,939,523

Net Income

Net Assets

$169,861,729

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$147,121,990	96.8%
Investment Income	$415,081	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$4,402,452	2.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,252,845	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,663,148	5.0%

Assets/Debt
Total Assets	$315,283,837
Total Liabilities	$145,422,108
Net Assets	$169,861,729

Club or Co-Op Income
Income From Members	$149,693,918
Income From Other Sources	$2,245,605

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Williams (President/Ceo)	$906,003	$0	$119,248
Robert C Brewer Jr (Vp Engineering)	$200,778	$0	$42,325
Charles G Williamson Iii (Vp Financial Service)	$187,837	$0	$59,322
Bobby Mccoun (Vp Member Services)	$160,347	$0	$60,884
Beonka Stockton (Vp Corporate Service)	$158,607	$0	$19,783
Denise Myers (Vp Public Relations)	$144,404	$0	$60,853
James Rainey (Crew Chief)	$130,171	$0	$33,570
Dennis Moneyhon (Chairman)	$22,500	$0	$0
Jane Smith (Sec/Treasurer)	$21,300	$0	$0
Gary Keller (Vice Chairman)	$20,700	$0	$0
Paul Tucker (Director)	$19,804	$0	$0
Richard Cobb Iv (Director)	$19,800	$0	$0
Lu Young (Director)	$19,200	$0	$0
Doug Fritz (Director)	$18,900	$0	$0
Brad Marshall (Former Director)	$16,966	$0	$0
Jody Hughes (Director)	$16,800	$0	$0

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990

Filed on May 1, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$163,075,358

Expenses

$163,075,358

Net Income

Net Assets

$166,736,841

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$157,018,460	96.3%
Investment Income	-$60,709
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$6,117,607	3.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,393,370	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,285,391	4.5%

Assets/Debt
Total Assets	$305,801,018
Total Liabilities	$139,064,177
Net Assets	$166,736,841

Club or Co-Op Income
Income From Members	$161,343,032
Income From Other Sources	$1,732,326

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Williams (President/Ceo)	$865,080	$0	$104,659
Charles G Williamson Iii (Cfo)	$179,985	$0	$54,702
Beonka Stockton (Vp Administration)	$145,253	$0	$17,056
Wesley Wade (First Class Line Tech)	$137,263	$0	$15,336
Kenneth Searcy (Manager Operations)	$136,234	$0	$15,846
Bobby Mccoun (Vp Member Services)	$131,344	$0	$53,285
Denise Myers (Vp Community Relations)	$130,533	$0	$54,543
Dennis Moneyhon (Chairman)	$23,400	$0	$0
Richard Cobb Iv (Director)	$21,900	$0	$0
Gary Keller (Vice Chairman)	$21,600	$0	$0
Jane Smith (Sec/Treasurer)	$21,600	$0	$0
Paul Tucker (Director)	$21,600	$0	$0
Doug Fritz (Director)	$20,100	$0	$0
Lu Young (Director)	$18,900	$0	$0
Jody Hughes (Director)	$17,700	$0	$0
Brad Marshall (Former Director)	$16,068	$0	$0

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990

Filed on Oct. 16, 2023

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Fiscal Year Ending April
2022

Form 990 documents are not available for this tax period, but audit documents are available for download.

Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2021

Revenue

$133,079,977

Expenses

$133,079,977

Net Income

Net Assets

$159,238,594

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$129,648,880	97.4%
Investment Income	$196,385	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$3,234,712	2.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$935,778	0.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,359,009	5.5%

Assets/Debt
Total Assets	$301,008,749
Total Liabilities	$141,770,155
Net Assets	$159,238,594

Club or Co-Op Income
Income From Members	$131,188,614
Income From Other Sources	$1,891,363

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Williams (President/Ceo)	$390,110	$0	$100,649
Greg Harrington (Vp Engineering)	$194,427	$0	$64,662
Charles G Williamson Iii (Cfo)	$184,291	$0	$52,426
Beonka Stockton (Vp Administration)	$145,071	$0	$17,850
Ray Searcy (Line Superintendent)	$136,113	$0	$17,459
James Mike Rainey (Crew Chief)	$131,975	$0	$29,165
Wesley Wade (First Class Line Tech)	$129,828	$0	$31,207
Denise Myers (Manager Community Relations)	$129,324	$0	$48,904
Dennis Moneyhon (Chairman)	$24,750	$0	$0
Gary Keller (Vice Chairman)	$21,700	$0	$0
Doug Fritz (Director)	$21,100	$0	$0
Jane Smith (Sec/Treasurer)	$21,000	$0	$0
Paul Tucker (Director)	$20,500	$0	$0
Richard Cobb Iv (Director)	$20,200	$0	$0
Lu Young (Director)	$19,600	$0	$0
Jody Hughes (Director)	$18,100	$0	$0
Brad Marshall (Former Director)	$14,850	$0	$0

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990

Filed on May 9, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$122,260,652

Expenses

$122,260,652

Net Income

Net Assets

$153,867,967

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$116,362,939	95.2%
Investment Income	$645,356	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$5,252,357	4.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$894,730	0.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,161,921	5.9%

Assets/Debt
Total Assets	$281,113,863
Total Liabilities	$127,245,896
Net Assets	$153,867,967

Club or Co-Op Income
Income From Members	$119,877,582
Income From Other Sources	$2,383,070

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Williams (President/Ceo)	$358,342	$0	$98,700
Greg Harrington (Vp Engineering)	$184,965	$0	$68,184
Charles G Williamson Iii (Cfo)	$175,083	$0	$52,434
Beonka Stockton (Vp Administration)	$137,211	$0	$33,537
Ray Searcy (Line Superintendent)	$127,417	$0	$15,805
Byron Drury (Vp Energy Solutions)	$122,179	$0	$20,156
Craig Morton (Cis Administrator)	$110,218	$0	$38,465
Billy Allen (Line Superintendent)	$108,410	$0	$42,546
Dennis Moneyhon (Chairman)	$18,750	$0	$0
Jane Smith (Sec/Treasurer)	$18,000	$0	$0
Gary Keller (Vice Chairman)	$17,600	$0	$0
Lu Young (Director)	$17,300	$0	$0
Jody Hughes (Director)	$16,700	$0	$0
Paul Tucker (Director)	$16,400	$0	$0
Doug Fritz (Director)	$15,500	$0	$0
Richard Cobb Iv (Director)	$15,200	$0	$0

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990

Filed on May 13, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$132,758,328

Expenses

$132,758,328

Net Income

Net Assets

$144,689,729

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$124,967,537	94.1%
Investment Income	$1,068,494	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$6,722,297	5.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,165,196	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,992,606	5.3%

Assets/Debt
Total Assets	$276,478,331
Total Liabilities	$131,788,602
Net Assets	$144,689,729

Club or Co-Op Income
Income From Members	$130,252,226
Income From Other Sources	$2,506,102

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Williams (President/Ceo)	$338,005	$0	$98,605
Greg Harrington (Vp Engineering)	$180,560	$0	$66,558
Charles G Williamson Iii (Cfo)	$165,913	$0	$64,144
Beonka Stockton (Vp Administration)	$132,498	$0	$42,880
Carol Higdon (Mgr Mbr Acct)	$127,377	$0	$40,329
Byron Drury (Vp Energy Solutions)	$121,801	$0	$34,686
Kenneth Searcy (Line Superintendent)	$117,173	$0	$15,431
Thomas Walton (Crew Chief)	$109,958	$0	$22,368
Vernon Sowers (Line Superintendent)	$108,678	$0	$8,935
Billy Allen (Line Superintendent)	$104,598	$0	$41,336
Craig Morton (Cis Administrator)	$103,612	$0	$0
Bradley Wigglesworth (Crew Chief)	$102,792	$0	$0
Lonnie Tolson (Lineman)	$100,077	$0	$0
Dennis Moneyhon (Chairman)	$24,900	$0	$0
Jane Smith (Sec/Treasurer)	$22,500	$0	$0
Paul Tucker (Director)	$20,700	$0	$0
Lu Young (Director)	$20,700	$0	$0
Gary Keller (Vice Chairman)	$19,500	$0	$0
Doug Fritz (Director)	$19,500	$0	$0
Jody Hughes (Director)	$18,000	$0	$0
Richard Cobb Iv (Director)	$18,000	$0	$0
Brad Marshall (Director)	$11,190	$0	$0

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990

Filed on June 30, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$139,191,815

Expenses

$139,191,815

Net Income

Net Assets

$136,752,777

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$132,032,099	94.9%
Investment Income	$937,770	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$6,221,946	4.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,108,946	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,995,754	5.0%

Assets/Debt
Total Assets	$264,010,337
Total Liabilities	$127,257,560
Net Assets	$136,752,777

Club or Co-Op Income
Income From Members	$136,773,920
Income From Other Sources	$2,417,895

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Williams (President/Ceo)	$320,947	$0	$93,576
Greg Harrington (Vp, Engineering)	$179,218	$0	$63,727
Charles G Williamson Iii (Cfo)	$162,065	$0	$49,077
Byron Drury (Vp Energy Solutions)	$134,562	$0	$53,064
Beonka Stockton (Vp Administration)	$128,855	$0	$41,036
Carol Higdon (Mgr Mbr Acct)	$122,163	$0	$38,757
Thomas Walton (Crew Chief)	$116,074	$0	$21,587
Ray Searcy (Line Superintenden)	$114,364	$0	$14,713
Duane Long (Crew Chief)	$107,284	$0	$37,125
Bryant Watkins (Cew Chief)	$107,169	$0	$37,159
Dennis Moneyhon (Chairman)	$26,100	$0	$0
Gary Keller (Vice Chairman)	$21,600	$0	$0
Jody Hughes (Director)	$21,300	$0	$0
Jane Smith (Sec/Treasurer)	$20,700	$0	$0
Doug Fritz (Director)	$20,100	$0	$0
Brad Marshall (Director)	$19,800	$0	$0
Richard Cobb Iv (Director)	$19,600	$0	$0
Paul Tucker (Director)	$18,900	$0	$0
Lu Young (Director)	$15,200	$0	$0

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990

Filed on April 24, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$125,326,693

Expenses

$125,326,693

Net Income

Net Assets

$125,291,594

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$120,253,654	96.0%
Investment Income	$964,131	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$4,108,908	3.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,027,272	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,602,865	5.3%

Assets/Debt
Total Assets	$256,481,128
Total Liabilities	$131,189,534
Net Assets	$125,291,594

Club or Co-Op Income
Income From Members	$120,253,654
Income From Other Sources	$2,528,210

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Williams (President/Ceo)	$302,962	$0	$162,591
Greg Harrington (Vp, Engineering)	$168,101	$0	$58,958
Charles G Williamson Iii (Cfo)	$157,320	$0	$45,263
Byron Drury (Vp Energy Solutions)	$129,496	$0	$49,197
Beonka Stockton (Vp Administration)	$123,293	$0	$37,539
Carol Higdon (Mgr Mbr Acct)	$118,893	$0	$35,747
Ray Searcy (Line Superintenden)	$113,636	$0	$13,355
Ken Cooper (It Manager)	$113,151	$0	$40,896
Vernon Sowers (Line Superintenden)	$101,692	$0	$7,066
Dennis Moneyhon (Chairman)	$25,800	$0	$0
Gary Keller (Vice Chairman)	$21,000	$0	$0
Jane Smith (Sec/Treasurer)	$20,700	$0	$0
Paul Tucker (Director)	$20,400	$0	$0
Doug Fritz (Director)	$20,400	$0	$0
Jody Hughes (Director)	$18,900	$0	$0
Brad Marshall (Director)	$18,900	$0	$0

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990

Filed on April 19, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$133,679,473

Expenses

$133,679,473

Net Income

Net Assets

$118,561,488

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$125,029,143	93.5%
Investment Income	$1,026,977	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$7,623,353	5.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$961,397	0.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,642,365	5.0%

Assets/Debt
Total Assets	$256,446,541
Total Liabilities	$137,885,053
Net Assets	$118,561,488

Club or Co-Op Income
Income From Members	$125,029,143
Income From Other Sources	$2,510,866

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Williams (President/Ceo)	$285,905	$0	$84,935
Greg Harrington (Vp, Engineering)	$145,066	$0	$52,373
Phillip Johnson (Cfo)	$133,770	$0	$19,894
Byron Drury (Vp Energy Solutions)	$124,374	$0	$45,447
Beonka Stockton (Vp Administration)	$117,482	$0	$39,991
Carol Higdon (Mgr Mbr Acct)	$114,544	$0	$38,782
Ken Cooper (It Manager)	$112,548	$0	$39,315
Kenneth Searcy (Line Superintenden)	$108,281	$0	$13,265
Dennis Moneyhon (Chairman)	$24,300	$0	$0
Paul Tucker (Sec/Treas)	$21,000	$0	$0
Doug Fritz (Director)	$20,400	$0	$0
Gary Keller (Vice Chairman)	$20,100	$0	$0
Jody Hughes (Director)	$19,800	$0	$0
Jane Smith (Director)	$19,500	$0	$0
Brad Marshall (Director)	$18,000	$0	$0
Danny Britt (Director)	$11,700	$0	$0

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990

Filed on April 29, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$131,431,510

Expenses

$131,431,510

Net Income

Net Assets

$106,683,556

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$123,113,385	93.7%
Investment Income	$681,571	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$7,636,554	5.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$871,796	0.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,679,647	5.1%

Assets/Debt
Total Assets	$252,772,930
Total Liabilities	$146,089,374
Net Assets	$106,683,556

Club or Co-Op Income
Income From Members	$123,113,385
Income From Other Sources	$2,231,155

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Williams (President/Ceo)	$270,385	$0	$79,621
James D Smothers (Cfo)	$121,396	$0	$12,918
Robert Farmer (Vp Operations)	$118,099	$0	$16,661
Beonka Stockton (Vp Administration)	$113,214	$0	$38,377
Byron Drury (Vp Energy Solutions)	$112,952	$0	$43,201
Carol Higdon (Mgr Mbr Acct)	$112,161	$0	$38,045
Ken Cooper (It Manager)	$108,569	$0	$39,199
Phillip Johnson (Manager Of Acctg)	$107,008	$0	$39,199
Kenneth Searcy (Line Superintenden)	$105,438	$0	$12,772
Dennis Moneyhon (Chairman)	$21,450	$0	$0
Gary Keller (Vice Chairman)	$19,250	$0	$0
Doug Fritz (Director)	$18,200	$0	$0
Jody Hughes (Director)	$18,150	$0	$0
Paul Tucker (Sec/Treas)	$18,150	$0	$0
Brad Marshall (Director)	$16,000	$0	$0
Jane Smith (Director)	$14,950	$0	$0
Danny Britt (Director)	$9,600	$0	$0

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990

Filed on April 27, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$140,049,247

Expenses

$140,049,247

Net Income

Net Assets

$98,296,320

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$131,569,400	93.9%
Investment Income	$257,416	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$8,222,431	5.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,097,556	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,472,263	4.6%

Assets/Debt
Total Assets	$244,283,354
Total Liabilities	$145,987,034
Net Assets	$98,296,320

Club or Co-Op Income
Income From Members	$131,569,400
Income From Other Sources	$1,800,455

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Williams (President/Ceo)	$255,539	$0	$71,050
James D Smothers (Cfo)	$132,678	$0	$13,166
Robert C Brewer (Vp Engineering)	$115,058	$0	$38,025
Robert Farmer (Vp, Operations)	$114,941	$0	$15,873
Carol Higdon (Mgr Mbr Acctg & Community Relations)	$110,447	$0	$35,347
Barry Drury (Vp, Energy Solutions)	$110,393	$0	$41,650
Beonka Stockton (Vp Administration)	$109,603	$0	$37,787
Ken Cooper (It Manager)	$104,115	$0	$36,264
Bill Hall (Purchasing/Regulat)	$102,785	$0	$35,811
Kenneth Searcy (Line Superintenden)	$101,050	$0	$12,318
Phillip Johnson (Manager Of Acctg)	$100,506	$0	$30,185
Dennis Moneyhon (Chairman)	$22,850	$0	$0
Doug Fritz (Director)	$19,750	$0	$0
Gary Keller (Vice Chairman)	$19,250	$0	$0
Jody Hughes (Director)	$18,547	$0	$0
Brad Marshall (Director)	$17,750	$0	$0
Paul Tucker (Sec/Treas)	$17,500	$0	$0
Danny Britt (Director)	$9,600	$0	$5,400
Jane Smith (Director)	$0	$0	$18,250

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990

Filed on April 21, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$136,449,557

Expenses

$136,449,557

Net Income

Net Assets

$88,475,697

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$126,872,531	93.0%
Investment Income	$260,389	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$9,316,637	6.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,021,496	0.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,466,521	4.7%

Assets/Debt
Total Assets	$234,973,051
Total Liabilities	$146,497,354
Net Assets	$88,475,697

Club or Co-Op Income
Income From Members	$126,872,531
Income From Other Sources	$1,800,061

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Williams (President/Ceo)	$230,612	$0	$66,070
James D Smothers (Cfo)	$129,320	$0	$12,856
Robert Farmer (Vp, Operations)	$111,886	$0	$15,537
Beonka Stockton (Vp Administration)	$109,912	$0	$35,645
Bary Drury (Vp, Energy Solutions)	$107,565	$0	$39,174
Carol Higdon (Vp Member Svcs)	$107,353	$0	$35,233
Robert C Brewer (Vp Engineersing)	$106,293	$0	$39,431
Bill Hall (Purchasing/Regulat)	$100,098	$0	$33,693
Ken Cooper (It Manager)	$99,810	$0	$34,308
Kenneth Searcy (Line Superintenden)	$98,499	$0	$12,038
Phillip Johnson (Manager Of Acctg)	$98,278	$0	$28,212
Brad Wigglesworth (Line Foreman)	$94,614	$0	$21,665
Jody Hughes (Director)	$18,250	$0	$0
Dennis Moneyhon (Chairman)	$17,450	$0	$0
Jane Smith (Director)	$16,555	$0	$0
Gary Keller (Vice Chairman)	$15,950	$0	$0
Paul Tucker (Sec/Treas)	$15,900	$0	$0
Brad Marshall (Director)	$14,900	$0	$0
Danny Britt (Director)	$14,700	$0	$0
Ea Gilbert (Director)	$3,600	$0	$0
Doug Fritz (Director)	$1,250	$0	$0

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990

Filed on May 1, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$125,456,551

Expenses

$125,456,551

Net Income

Net Assets

$79,217,359

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$117,839,697	93.9%
Investment Income	$277,194	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$7,339,660	5.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$927,134	0.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,752,345	5.4%

Assets/Debt
Total Assets	$220,730,996
Total Liabilities	$141,513,637
Net Assets	$79,217,359

Club or Co-Op Income
Income From Members	$117,839,697
Income From Other Sources	$1,930,108

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$129,365,755

Expenses

$129,365,755

Net Income

Net Assets

$64,220,862

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$121,330,045	93.8%
Investment Income	$319,014	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$7,716,696	6.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,007,897	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,596,808	5.1%

Assets/Debt
Total Assets	$208,826,018
Total Liabilities	$144,605,156
Net Assets	$64,220,862

Club or Co-Op Income
Income From Members	$121,330,045
Income From Other Sources	$1,746,683

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2005

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Bluegrass Energy Cooperative Corp

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $152M (2023)

Expenses $152M (2023)

Total Assets $315M (2023)

Total Liabilities $145M (2023)

Tax Filings and Audits by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending April 2022

No Extracted Financial Data

Document Links

Audit

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2012

Revenue

$152M (2023)

Expenses

$152M (2023)

Total Assets

$315M (2023)

Total Liabilities

$145M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending April
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004