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 2024 filing shows $91.4M in revenue, $90.9M in expenses, $133.2M in total assets. 3 publicly reported grants to this organization, totaling roughly $2.0M, appear in IRS filings.

EIN: 570124487 SUMTER, SC Latest filing: 2024
Total Revenue$91.4M
Total Expenses$90.9M
Total Assets$133.2M
Grant Records3
Funding Total$2.0M
Filing Years2019–2024

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.

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

ECONOMIC DEVELOPMENT
$2,000,000 3 grants

Financial Trends

Year Revenue Expenses Assets
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
2019 $81.0M $81.0M $105.7M

Between 2019 and 2024, reported annual revenue grew from $81.0M to $91.4M (+13%), with total assets most recently reported at $133.2M.

Interactive year-over-year charts and full filing details available with membership.

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