Mission
TO PROVIDE RURAL AND URBAN AREAS WITHIN THE COOPERATIVES'S ASSIGNED SERVICE TERRITORY WITH RELIABLE, AFFORDABLE ELECTRICITY WHILE ALSO PROVIDING MEMBERS WITH EXCELLENT CUSTOMER SERVICE.
Public Charity
BLACK RIVER ELECTRIC COOPERATIVE INC
BLACK RIVER ELECTRIC COOPERATIVE INC, of SUMTER, SC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $105.8M in revenue, $105.4M in expenses, $140.8M in total assets. 3 publicly reported grants to this organization, totaling roughly $2.0M, appear in IRS filings.
EIN: 570124487
SUMTER, SC
Latest filing: 2025
Total Revenue$105.8M
Total Expenses$105.4M
Total Assets$140.8M
Grant Records3
Funding Total$2.0M
Filing Years2020–2025
Where $100 goes at Black River Electric Cooperative Inc
How Black River Electric Cooperative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
To provide rural and urban areas within the cooperative's assigned service territory with reliable and affordable electricity while also providing its members with excellent customer service
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
ECONOMIC DEVELOPMENT
$200,000
ECONOMIC DEVELOPMENT
$300,000
ECONOMIC DEVELOPMENT
$1,500,000
Showing up to 5 of 3 total records — full history available with membership.
Officers & Directors
VICE CHAIR-T
Caren Schwartz
CEO-EMERITUS
Charles R Allen
TRUSTEE
David L Tindal
TRUSTEE
Dr Ronald Prestage
TRUSTEE
Dwayne Edwards
TRUSTEE
Ivan Sanders
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $105.8M | $105.4M | $140.8M |
| 2024 | $91.4M | $90.9M | $133.2M |
| 2023 | $84.0M | $83.6M | $117.3M |
| 2022 | $81.5M | $81.1M | $117.4M |
| 2020 | $76.6M | $76.6M | $113.1M |
Between 2020 and 2025, reported annual revenue grew from $76.6M to $105.8M (+38%), with total assets most recently reported at $140.8M.
Interactive year-over-year charts and full filing details available with membership.