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Lynches River Electric Cooperative Inc

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$59M (2022)

Expenses
$59.7M (2022)

Total Assets
$137M (2022)

Total Liabilities
$88.9M (2022)

Source: Form 990 tax filings from 2011 to 2022

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.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$59,003,883
Expenses
$59,725,393
Net Income
-$721,510
Net Assets
$47,866,140
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $59,576,007
> 100%
Investment Income $149,384
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$721,508
Notable Expenses Percent of Total Expenses
Executive Compensation $490,334
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $136,792,882
Total Liabilities $88,926,742
Net Assets $47,866,140
Club or Co-Op Income
Income From Members $58,598,625
Income From Other Sources $1,271,122
Compensation
Key Employees and Officers Compensation Related Other
Brian W Broughton (Ceo) $273,934 $0 $73,876
Gregory Jordan (Vp Engineer/) $122,319 $0 $55,992
Dustin Catoe (Cfo/Vp Of Fi) $122,190 $0 $61,161
Richard Stacks (Crew Leader) $120,874 $0 $41,129
Russell Hovis (Crew Forman) $110,663 $0 $42,695
Phillip C Deason (Network Engi) $109,899 $0 $51,171
Cindy Vincent (Trustee) $30,123 $0 $0
Charles M Crawford (Trustee) $24,705 $0 $0
Mark Bridges (Secretary/Tr) $21,279 $0 $0
Steve Chewning (Trustee) $18,593 $0 $0
Theresa S Hicks (Chairman) $15,600 $0 $0
John T Blackwell (Trustee) $13,340 $0 $0
Harold F Gardner (Vice Chair) $11,007 $0 $0
Gary Sowell (Trustee) $10,969 $0 $0
Kevin Sims (Trustee) $6,815 $0 $0
Myrtle L Faile (Trustee) $5,775 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$53,676,919
Expenses
$55,156,733
Net Income
-$1,479,814
Net Assets
$45,671,795
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $54,779,879
> 100%
Investment Income $187,422
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $189,432
0.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$1,479,814
Notable Expenses Percent of Total Expenses
Executive Compensation $510,439
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $119,665,355
Total Liabilities $73,993,560
Net Assets $45,671,795
Club or Co-Op Income
Income From Members $54,838,131
Income From Other Sources $324,087
Compensation
Key Employees and Officers Compensation Related Other
Brian W Broughton (Ceo) $260,266 $0 $84,753
Richard Stacks (Crew Leader) $113,352 $0 $40,663
Gregory Jordan (Vp Engineer/) $110,483 $0 $53,007
Dustin Catoe (Cfo/Vp Of Fi) $109,762 $0 $53,816
David Sides (Vp Marketing) $104,984 $0 $36,280
Phillip C Deason (Tier 3 Engin) $104,376 $0 $40,814
Cindy Vincent (Trustee) $30,494 $0 $5,775
Charles M Crawford (Trustee) $24,896 $0 $0
Mark Bridges (Trustee) $21,333 $0 $6,825
Steve Chewning (Chairman) $17,583 $0 $0
Harold F Gardner (Secretary/Tr) $16,731 $0 $7,575
John T Blackwell (Trustee) $14,477 $0 $0
Theresa S Hicks (Vice Chairma) $13,975 $0 $0
Gary Sowell (Trustee) $12,802 $0 $0
Johnny West (Retired Trus) $10,017 $0 $0
Myrtle L Faile (Trustee) $6,175 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$53,245,164
Expenses
$53,786,702
Net Income
-$541,538
Net Assets
$43,256,784
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $53,034,171
99.6%
Investment Income $165,993
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $45,000
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $496,801
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $106,674,720
Total Liabilities $63,417,936
Net Assets $43,256,784
Club or Co-Op Income
Income From Members $51,911,969
Income From Other Sources $329,132
Compensation
Key Employees and Officers Compensation Related Other
Brian W Broughton (Ceo) $240,727 $0 $80,218
Gregory Jordan (Vp Engineer/) $113,624 $0 $51,607
Richard Stacks (Crew Leader) $111,959 $0 $37,067
Dustin Catoe (Cfo/Vp Of Fi) $104,434 $0 $50,386
Russell Hovis (Crew Leader) $103,668 $0 $31,017
David Sides (Vp Of Market) $102,339 $0 $33,897
Cindy Vincent (Trustee) $30,480 $0 $0
Charles M Crawford (Trustee) $25,806 $0 $0
Mark Bridges (Trustee) $21,318 $0 $0
Harold F Gardner (Secretary/Tr) $21,318 $0 $0
Theresa S Hicks (Vice Chairma) $20,547 $0 $0
Steve Chewning (Chairman) $16,664 $0 $0
Scott Croxton (Trustee Re) $15,721 $0 $0
John T Blackwell (Trustee) $13,771 $0 $0
Gary Sowell (Trustee) $13,741 $0 $0
Myrtle L Faile (Trustee) $12,211 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$54,616,104
Expenses
$54,616,104
Net Income
$0
Net Assets
$40,974,357
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $54,385,626
99.6%
Investment Income $182,100
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $48,378
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $452,836
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $94,304,215
Total Liabilities $53,329,858
Net Assets $40,974,357
Club or Co-Op Income
Income From Members $54,238,848
Income From Other Sources $318,765
Compensation
Key Employees and Officers Compensation Related Other
Brian W Broughton (Ceo) $202,797 $0 $75,396
Gregory Jordan (Vp Engineer/) $103,692 $0 $53,524
Lonnie Melton (Mis/Systems) $100,863 $0 $32,339
Cindy Vincent (Trustee) $30,205 $0 $0
Charles M Crawford (Trustee) $24,223 $0 $0
Mark Bridges (Trustee) $21,593 $0 $0
Harold F Gardner (Secretary/Tr) $20,793 $0 $0
Theresa S Hicks (Vice Chairma) $18,011 $0 $0
Steve Chewning (Chairman) $16,249 $0 $0
Scott Croxton (Trustee Re) $15,314 $0 $0
Myrtle L Faile (Trustee) $14,890 $0 $0
John T Blackwell (Trustee) $14,293 $0 $0
Randolph Mackey (Trustee) $11,511 $0 $0
Gary Sowell (Trustee) $2,875 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$53,598,921
Expenses
$53,598,921
Net Income
$0
Net Assets
$33,269,439
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $53,399,451
99.6%
Investment Income $167,244
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $32,226
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $430,820
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $89,826,541
Total Liabilities $56,557,102
Net Assets $33,269,439
Club or Co-Op Income
Income From Members $52,568,946
Income From Other Sources $581,908
Compensation
Key Employees and Officers Compensation Related Other
Brian W Broughton (Ceo) $192,006 $0 $46,401
Philip Monroe (Vp Engineer/) $120,212 $0 $28,375
Steve Chewning (President) $30,149 $0 $0
Mark Bridges (Trustee) $27,587 $0 $0
Eric L Horton (Trustee) $24,756 $0 $0
Charles M Crawford (Trustee) $22,983 $0 $0
Harold F Gardner (Secretary/Tr) $19,312 $0 $0
Theresa S Hicks (Vice Preside) $17,213 $0 $0
Myrtle L Faile (Trustee) $15,229 $0 $0
John T Blackwell (Trustee) $13,496 $0 $0
Randolph Mackey (Trustee) $11,054 $0 $0
Cindy Vincent (Trustee) $7,710 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$51,626,223
Expenses
$51,626,223
Net Income
$0
Net Assets
$32,554,237
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $51,443,610
99.6%
Investment Income $153,265
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $29,348
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $376,309
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $90,090,117
Total Liabilities $57,535,880
Net Assets $32,554,237
Club or Co-Op Income
Income From Members $51,179,625
Income From Other Sources $257,135
Compensation
Key Employees and Officers Compensation Related Other
Brian W Broughton (Ceo) $171,058 $0 $42,727
Philip Monroe (Vp Engineer/) $146,835 $0 $41,688
Eric L Horton (Trustee) $29,006 $0 $0
Steve Chewning (President) $25,468 $0 $0
Harold F Gardner (Secretary/Tr) $24,168 $0 $0
Charles M Crawford (Trustee) $22,568 $0 $0
John T Blackwell (Trustee) $14,700 $0 $0
Theresa S Hicks (Vice Preside) $14,467 $0 $0
Randolph Mackey (Trustee) $14,128 $0 $0
Myrtle L Faile (Trustee) $12,878 $0 $0
Mark Bridges (Trustee) $5,140 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$46,944,689
Expenses
$46,944,689
Net Income
$0
Net Assets
$28,591,728
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $46,842,522
99.8%
Investment Income $124,217
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income -$22,050
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $532,109
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $90,804,140
Total Liabilities $62,212,412
Net Assets $28,591,728
Club or Co-Op Income
Income From Members $46,570,532
Income From Other Sources $228,087
Compensation
Key Employees and Officers Compensation Related Other
Philip Monroe (Vp Engineer/) $141,547 $0 $32,184
John C Barr Jr (Vp Corporate) $126,669 $0 $41,583
David Altman (Ceo) $126,485 $0 $51,301
Brian W Broughton (Ceo) $102,131 $0 $50,385
Eric L Horton (Trustee) $31,554 $0 $0
Steve Chewning (Vice Preside) $28,191 $0 $0
Harold F Gardner (Trustee) $28,191 $0 $0
Scott Croxton (Trustee) $27,491 $0 $0
Charles M Crawford (Trustee) $25,299 $0 $0
John T Blackwell (Trustee) $16,424 $0 $0
Randolph Mackey (Trustee) $15,624 $0 $0
Theresa S Hicks (Secretary/Tr) $15,104 $0 $0
Myrtle L Faile (President) $13,929 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$48,128,828
Expenses
$48,128,828
Net Income
$0
Net Assets
$28,819,460
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $47,981,766
99.7%
Investment Income $121,881
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $25,181
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $403,635
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $90,541,578
Total Liabilities $61,722,118
Net Assets $28,819,460
Club or Co-Op Income
Income From Members $47,700,124
Income From Other Sources $287,173

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$46,487,493
Expenses
$46,413,346
Net Income
$74,147
Net Assets
$28,457,162
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $46,370,554
99.7%
Investment Income $91,174
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $25,765
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $189,836
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $231,658
0.5%
Assets/Debt
Total Assets $89,246,973
Total Liabilities $60,789,811
Net Assets $28,457,162
Club or Co-Op Income
Income From Members $46,083,988
Income From Other Sources $263,668

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$42,897,883
Expenses
$42,674,926
Net Income
$222,957
Net Assets
$27,154,476
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $42,766,753
99.7%
Investment Income $120,501
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $10,629
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $427,811
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $91,112,797
Total Liabilities $63,958,321
Net Assets $27,154,476
Club or Co-Op Income
Income From Members $42,497,747
Income From Other Sources $270,427

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$40,720,563
Expenses
$41,023,142
Net Income
-$302,579
Net Assets
$26,721,967
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $40,500,879
99.5%
Investment Income $219,684
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $406,739
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $87,594,513
Total Liabilities $60,872,546
Net Assets $26,721,967
Club or Co-Op Income
Income From Members $40,221,521
Income From Other Sources $348,488

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$42,530,349
Expenses
$42,530,349
Net Income
$0
Net Assets
$29,459,359
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $42,287,413
99.4%
Investment Income $242,936
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $361,418
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $88,665,098
Total Liabilities $59,205,739
Net Assets $29,459,359
Club or Co-Op Income
Income From Members $42,062,962
Income From Other Sources $365,673

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

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

Document Links

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.

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