Lynches River Electric Cooperative Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 570201923 ✦ Pageland, SC ✦ Designated as a 501(c)(12)

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Overview

What is Lynches River Electric Cooperative Inc?

Lynches River Electric Cooperative Inc is a nonprofit organization based in Pageland, South Carolina. Their primary mission is to deliver top-notch electric services to all who require it within their service area, ensuring reasonable costs while maintaining the highest standards of service. The cooperative employs a team of 70 individuals dedicated to this cause.


Official website here: www.lynchesriver.com

What are the reviews and ratings of this charity?

Lynches River Electric Cooperative Inc is not currently rated by Charity Navigator because it does not qualify as a 501(c)(3) nonprofit organization, thus falling outside the typical evaluation criteria. The absence of a rating should not be interpreted as indicative of positive or negative performance. Historical ratings may exist but were solely based on financial accountability.

The nonprofit lacks available information on revenue and expenses due to no electronically-filed Form 990 data. Furthermore, key financial details such as salaries of key persons are also not available, limiting transparency into organizational operations. Since it is an independent cooperative not affiliated with larger groups, Lynches River Electric operates autonomously.

There are no user reviews on GreatNonprofits, so public sentiment towards the cooperative remains undocumented on this platform. This lack of external feedback makes it challenging to gauge user perspectives or potential areas for improvement.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Lynches River Electric Cooperative Inc?

80% of 35 reviewers on Facebook recommend Lynches River Electric Cooperative Inc. Here is a summary of their reviews:

Many individuals express dissatisfaction regarding the cooperative’s customer service and handling of issues related to utility poles and lines. One notable account highlights frustration over the high costs associated with replacing aging equipment on the property, suggesting a lack of responsibility from the cooperative in maintaining infrastructure that affects homeowners directly. Concerns were raised about what appears to be a lack of clarity in policies and communication surrounding the replacement process, leading to significant unexpected expenses for customers.

On the other hand, some users might appreciate the cooperative's service reliability and feel positively about their local connections. However, the predominant sentiment reflects a general disappointment with how maintenance responsibilities are managed, causing confusion and financial strain for members. Overall, while there may be room for improvement in customer engagement and service policies, the organization has a committed base of supporters who value its local presence.


This AI summary has been generated from reviews found on Facebook.

Is Lynches River Electric Cooperative Inc legitimate?

Lynches River Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lynches River Electric Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $490,334
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lynchesriver.com

What is the mission statement of Lynches River Electric Cooperative Inc?

Lynches River Electric Cooperative Inc is dedicated to delivering superior electric service to all those who seek it within their service area. They prioritize reasonable costs while maintaining the highest standards of service provision. Their goal is to ensure every customer receives the best possible electric service.


Official website here: www.lynchesriver.com

Who is the CEO of Lynches River Electric Cooperative Inc?

Brian W Broughton is the Ceo of Lynches River Electric Cooperative Inc. The CEO's salary of Lynches River Electric Cooperative Inc is $273,934 and their total compensation is $347,810.


Official website here: www.lynchesriver.com

What is the revenue of Lynches River Electric Cooperative Inc?

Lynches River Electric Cooperative Inc's revenue in 2022 was $59,003,883.


Official website here: www.lynchesriver.com

Who are the executives of Lynches River Electric Cooperative Inc and what are their salaries?

The average compensation at Lynches River Electric Cooperative Inc during 2022 was $7,005. There are 70 employees at Lynches River Electric Cooperative Inc.


Here are 16 key members and their salaries (Lynches River Electric Cooperative Inc's CEO's salary is $273,934 and their total compensation is $347,810):


Brian W Broughton (Ceo)
  • Compensation: $273,934
  • Related: $0
  • Other: $73,876
Dustin Catoe (Cfo/Vp Of Fi)
  • Compensation: $122,190
  • Related: $0
  • Other: $61,161
Gregory Jordan (Vp Engineer/)
  • Compensation: $122,319
  • Related: $0
  • Other: $55,992
Richard Stacks (Crew Leader)
  • Compensation: $120,874
  • Related: $0
  • Other: $41,129
Phillip C Deason (Network Engi)
  • Compensation: $109,899
  • Related: $0
  • Other: $51,171
Russell Hovis (Crew Forman)
  • Compensation: $110,663
  • Related: $0
  • Other: $42,695
Cindy Vincent (Trustee)
  • Compensation: $30,123
  • Related: $0
  • Other: $0
Charles M Crawford (Trustee)
  • Compensation: $24,705
  • Related: $0
  • Other: $0
Mark Bridges (Secretary/Tr)
  • Compensation: $21,279
  • Related: $0
  • Other: $0
Steve Chewning (Trustee)
  • Compensation: $18,593
  • Related: $0
  • Other: $0
Theresa S Hicks (Chairman)
  • Compensation: $15,600
  • Related: $0
  • Other: $0
John T Blackwell (Trustee)
  • Compensation: $13,340
  • Related: $0
  • Other: $0
Harold F Gardner (Vice Chair)
  • Compensation: $11,007
  • Related: $0
  • Other: $0
Gary Sowell (Trustee)
  • Compensation: $10,969
  • Related: $0
  • Other: $0
Kevin Sims (Trustee)
  • Compensation: $6,815
  • Related: $0
  • Other: $0
Myrtle L Faile (Trustee)
  • Compensation: $5,775
  • Related: $0
  • Other: $0


Official website here: www.lynchesriver.com

Where can I find the form 990 for Lynches River Electric Cooperative Inc?

Lynches River Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lynchesriver.com

Learn more at the official website: www.lynchesriver.com

Mission Statement of Lynches River Electric Cooperative Inc

Lynches River Electric Cooperative Inc is committed to delivering superior electric service to all who seek it within its system service area. The cooperative's unwavering goal is to provide electricity at reasonable costs while maintaining the highest standards of service.

In essence, Lynches River Electric Cooperative Inc puts the needs of its members first. The organization is dedicated to ensuring that every household and business within its jurisdiction has access to reliable and efficient electric power. By consistently delivering exceptional service, the cooperative builds trust and fosters strong relationships with its customers.

Moreover, Lynches River Electric Cooperative Inc is steadfast in its pursuit of excellence. The cooperative's mission reflects its unyielding commitment to providing the best possible electric service. It strives to exceed expectations, making electricity not just a necessity, but also a dependable and affordable commodity for its members.

The cooperative's unwavering dedication to its mission underpins its every action. From power generation and distribution to customer support and community engagement, Lynches River Electric Cooperative Inc is relentless in its pursuit of providing the best possible electric service to all. By staying true to its mission, the cooperative has built a reputation for reliability and affordability, making it a trusted partner for its members.

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Impact




October, 2024

Lynches River Electric Cooperative Inc significantly enhances the quality of life for residents within its service area by delivering reliable and affordable electric service. The cooperative is dedicated to meeting the energy needs of its community while adhering to the highest service standards. This commitment not only ensures that customers have access to essential electricity but also supports local economic development by providing a stable infrastructure for businesses and homes. By prioritizing reasonable costs, Lynches River Electric Cooperative Inc helps residents manage their energy expenses effectively, contributing to the overall economic well-being of Pageland, SC, and surrounding areas.




This information is meant to be a general summary of Lynches River Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$59,003,883 (2022)
Expenses
$59,725,393 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $149,384
  • Program Service Revenue: $59,576,007
  • Gross Receipts: $59,003,883

Assets and Liabilities:

  • Total Assets: $136,792,882
  • Total Liabilities: $88,926,742
  • Net Assets: $47,866,140

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ELECTRIC REVENUE

Revenue

$58,024,991

FIBER ACCESS REVENUE

Revenue

$901,644

G & T CAPITAL CREDITS

Revenue

$311,018

OTHER CAPITAL CREDITS

Revenue

$283,744

POLE RENTAL

Revenue

$54,610

Organization Details

Founding Year

1939

Principal Officer

Brian W Broughton

Main Address

PO BOX 308, PAGELAND, SC, 29728

NTEE Category

Code: W80 - Public benefit

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