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South Kentucky Rural Electric Cooperative Corp

501(c)Fed auditsIRS 990
DBA: COOPERATIVE CORPORATION
Other · SOMERSET, KY · EIN 61-0344362

About

Provide electricity to member owners on a patronage basis. Serve an average of approximately 70,514 consumers monthly.

DBA Cooperative Corporation

Donations are NOT tax-deductible
Category
Other
Employees
154
Volunteers
0

Financial Snapshot

FY ending 2023-12-31
Revenue
$153.5M
Expenses
$153.5M
Assets
$351.4M
Liabilities
$182.4M

Financial history

$167.1M$83.5M$0
1617181920212223
RevenueExpenses
Latest FY2023: $153.5M · Peak FY2022: $167.1M · Avg: $142.2M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$7K
SOUTH KENTUCKY RURAL ELECTRIC COOPERATIVE CORP
Your actions

Address

PO BOX 910
Somerset, KY, 42502-091

Governance

Voting board members7
Independent members7
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.