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Nonprofiteer
← BIG SANDY RURAL ELECTRIC COOPERATIVE CORP

Form 990 for tax year 2025

Filed by BIG SANDY RURAL ELECTRIC COOPERATIVE CORP.

Totals

Total revenue
$31,345,819
Total expenses
$31,345,819
Contributions and grants received
$208,366
Grants paid
$4,000
Program service revenue
$29,588,642
Investment income
$356,678
Other revenue
$1,192,133
Total assets, end of year
$68,328,683
Total liabilities, end of year
$38,550,580
Net assets or fund balances, end of year
$29,778,103
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$31,345,820

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $208,366

  • 2a · Program service revenue: ELECTRIC REVENUE

    total $29,588,642 · related or exempt $29,588,642

  • 3 · Investment income

    total $356,678 · excluded $356,678

  • 11a · Other revenue: G&T CAPITAL CREDITS

    total $704,477 · related or exempt $704,477

  • 11b · Other revenue: JOINT USE POLE ATTACHMENT

    total $408,912 · excluded $408,912

  • 11c · Other revenue: PATRONAGE CAPITAL CREDITS

    total $83,816 · related or exempt $83,816

  • 11d · All other revenue

    total -$5,072 · related or exempt -$5,072

  • 11e · Other revenue, total

    $1,192,133

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $4,000

  • 4 · Benefits paid to or for members

    total $372,444

  • 5 · Compensation of officers, directors and key employees

    total $328,128

  • 7 · Other salaries and wages

    total $3,048,129

  • 8 · Pension plan contributions

    total $488,461

  • 9 · Other employee benefits

    total $588,069

  • 10 · Payroll taxes

    total $784,990

  • 11b · Fees: legal

    total $48,634

  • 11c · Fees: accounting

    total $22,200

  • 13 · Office expenses

    total $104,322

  • 20 · Interest

    total $1,192,971

  • 22 · Depreciation, depletion and amortization

    total $2,945,377

  • 23 · Insurance

    total $156,693

  • 24a · Other expenses: COST OF POWER

    total $19,066,706

  • 24b · Other expenses: DISTRIBUTION - MAINTENA

    total $3,427,832

  • 24c · Other expenses: ADMINISTRATIVE AND GENE

    total $1,740,269

  • 24d · Other expenses: DISTRIBUTION - OPERATIO

    total $1,257,593

  • 24e · All other expenses

    total -$4,230,999

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,075,333 · end of year $2,866,196

  • 4 · Accounts receivable

    beginning of year $2,844,140 · end of year $3,194,583

  • 7 · Other notes and loans receivable

    beginning of year $264,786 · end of year $240,692

  • 8 · Inventories for sale or use

    beginning of year $578,708 · end of year $591,472

  • 9 · Prepaid expenses and deferred charges

    beginning of year $19,760 · end of year $22,938

  • 10a · Land, buildings and equipment: cost or other basis

    $69,493,620

  • 10b · Land, buildings and equipment: accumulated depreciation

    $32,526,502

  • 10c · Land, buildings and equipment, net

    beginning of year $35,861,607 · end of year $36,967,118

  • 13 · Investments: program-related

    beginning of year $23,341,079 · end of year $24,035,740

  • 15 · Other assets

    beginning of year $429,365 · end of year $409,944

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,269,461 · end of year $2,860,444

  • 23 · Secured mortgages and notes payable

    beginning of year $29,903,790 · end of year $31,561,129

  • 25 · Other liabilities

    beginning of year $3,916,405 · end of year $4,129,007

  • 29 · Capital stock, trust principal or current funds

    beginning of year $225,780 · end of year $225,175

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year -$395,991 · end of year -$296,409

  • 31 · Retained earnings, endowment or other funds

    beginning of year $29,495,333 · end of year $29,849,337

Mission and programs · 2025

Mission

PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 12,533 CONSUMERS MONTHLY.

  • PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 12,533 CONSUMERS MONTHLY.

    Expenses $31,345,820 · Grants $4,000 · Revenue $30,371,863

As filed on the 2025 return.

Listed in Part VII

  • Danny Wallen

    CHAIRMAN

    Total calculated
    $17,846
    From this org
    $17,846
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.5

  • Greg Davis

    VICE CHAIRMAN

    Total calculated
    $16,344
    From this org
    $16,344
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.5

  • James Vanhoose

    SEC-TREAS

    Total calculated
    $13,935
    From this org
    $13,935
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.5

  • Jimmie McKenzie

    DIRECTOR

    Total calculated
    $14,235
    From this org
    $14,235
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.5

  • Gary Francis

    DIRECTOR

    Total calculated
    $15,979
    From this org
    $15,979
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.5

  • Jason Holbrook

    DIRECTOR

    Total calculated
    $14,081
    From this org
    $14,081
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.5

  • Velma May

    DIRECTOR

    Total calculated
    $13,843
    From this org
    $13,843
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.5

  • Jeffery Prater

    PRESIDENT/GEN MGR

    Total calculated
    $197,200
    From this org
    $131,935
    From related orgs
    $0
    Other
    $65,265
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $131,935
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $65,265
    Filer's total
    $197,200

  • Sandra Shepherd

    OFFICE MANAGER

    Total calculated
    $141,899
    From this org
    $89,932
    From related orgs
    $0
    Other
    $51,967
    Hours/week
    40

  • John Harrison

    LINEMAN

    Total calculated
    $205,519
    From this org
    $179,529
    From related orgs
    $0
    Other
    $25,990
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $179,529
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $25,990
    Filer's total
    $205,519

  • William Jarrell

    CREW LEADER

    Total calculated
    $147,700
    From this org
    $121,388
    From related orgs
    $0
    Other
    $26,312
    Hours/week
    40

  • James Caudill

    LINEMAN

    Total calculated
    $138,815
    From this org
    $124,207
    From related orgs
    $0
    Other
    $14,608
    Hours/week
    40

  • Jared Patrick

    LINEMAN

    Total calculated
    $150,473
    From this org
    $117,406
    From related orgs
    $0
    Other
    $33,067
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $117,406
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $33,067
    Filer's total
    $150,473

  • Christopher Prater

    LINEMAN

    Total calculated
    $127,834
    From this org
    $112,996
    From related orgs
    $0
    Other
    $14,838
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • BIG SANDY FORESTRY LLC

    ROW CLEARING · KY · income -$5,072 · assets $37,216

    Directly controlled by BIG SANDY RURAL ELECTRIC COOPERATIVE CORPORATION

Provenance

Return type
form_990
Tax year
2025
Filed
29 April 2026
IRS schema version
2025v4.1
Source object
202601289349303090

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