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LYNCHES RIVER ELECTRIC COOPERATIVE INC

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Public IRS 990 nonprofit record

LYNCHES RIVER ELECTRIC COOPERATIVE INC

EIN 57-0201923 · Mutual & Membership Benefit (Y)

What they do

to PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE to ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS of SERVICE.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$100.37spent for every $100 of revenueSpending was higher than revenue this year.
$2.24in assets for every $1 spent this yearSome assets cannot be spent right away.
0.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $247,474 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $283,884 for BRIAN W BROUGHTON (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$66,070,281
Expenses$66,317,755
Annual shortfall $247,474 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$66,070,281
Expenses$66,317,755
Assets$148,702,586
Income$66,070,281
Contributions$470,000
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
BRIAN W BROUGHTONCEO · 50 hrs/week $283,884Base $214,284 · Other $69,600
DUSTIN CATOECFO · 45 hrs/week $229,000Base $168,630 · Other $60,370
GREGORY JORDANVP ENGINEER/ · 45 hrs/week $180,491Base $123,594 · Other $56,897
JOSEPH WRIGHTCREW LEADER · 45 hrs/week $176,855Base $125,819 · Other $51,036
THOMAS GRAVITTSTAKING TECH · 45 hrs/week $166,871Base $125,442 · Other $41,429
ALEX HONEYCUTTLINEMAN FIRS · 45 hrs/week $164,087Base $130,739 · Other $33,348
KEVIN SIMSTRUSTEE · 2 hrs/week $43,954
CINDY VINCENTVICE CHAIR · 9 hrs/week $36,054Base $28,954 · Other $7,100
MIKE CRAWFORDTRUSTEE · 3 hrs/week $25,820
STEVE CHEWNINGCHAIRMAN · 9 hrs/week $20,924
HAROLD GARDNERTRUSTEE · 6 hrs/week $17,897Base $10,222 · Other $7,675
JOHN T BLACKWELLTRUSTEE · 3 hrs/week $17,345

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (16)

BRIAN W BROUGHTONCEO

DUSTIN CATOECFO

GREGORY JORDANVP ENGINEER/

JOSEPH WRIGHTCREW LEADER

THOMAS GRAVITTSTAKING TECH

ALEX HONEYCUTTLINEMAN FIRS

KEVIN SIMSTRUSTEE

CINDY VINCENTVICE CHAIR

MIKE CRAWFORDTRUSTEE

STEVE CHEWNINGCHAIRMAN

HAROLD GARDNERTRUSTEE

JOHN T BLACKWELLTRUSTEE

BILLY KING JRTRUSTEE

THERESA S HICKSSECRETARY/TR

MYRTLE L FAILETRUSTEE JAN-

LYN GARDNERTRUSTEE OCT-

About this charity

Recognized since
January 1942
Location
707 S ARANT ST, PAGELAND, SC 29728-8224
County
Chesterfield
In care of
BRIAN W BROUGHTON
Primary officer
BRIAN W BROUGHTON, CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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