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EIN 54-0130127

Barc Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
67
City
Millboro
State
Virginia
Year formed
1938
Most recent tax filings
2022-12-01
NTEE code, primary
W50: Telephone, Telegraph, and Telecommunications Services
Description
"Barc Electric Cooperative's mission is to provide safe and reliable power to its members in the counties of Alleghany, Augusta, Bath, Highland, and Rockbridge in the Commonwealth of Virginia. The Cooperative's three largest program services related to its mission, as measured by expenses were the cost of power at 14,421,015 dollars; fiber lease expenses at 6,921,999 dollars; and barconnect expenses at 6,380,662 dollars. The Cooperative is located in Millboro, VA.".
Total revenues
$38,312,606
2022
Total expenses
$37,239,068
2022
Total assets
$171,302,086
2022
Num. employees
67
2022

Program areas at Barc Electric Cooperative

The three largest program services related to the Cooperative's mission, as measured by expenses, were as follows: cost of power 14,421,015 fiber lease expenses 6,921,999 barconnect expenses 6,380,662

Who funds Barc Electric Cooperative

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United Way of Greater Richmond and PetersburgDonor Directs Funds(designations) for Energy Share$48,806

Personnel at Barc Electric Cooperative

NameTitleCompensation
William BuchananChief Executive Officer$216,923
Chris BotulinskiChief Operating Officer$180,316
Courtney PerdueChief Financial Officer$142,777
Dakoyta MinterJourneyman L$112,598
Gregory CookRetired Chief Financial Officer$121,981
...and 8 more key personnel

Financials for Barc Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$322,005
Program services$27,473,341
Investment income and dividends$843,974
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$561,163
Net gain from sale of non-inventory assets$155,538
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$8,956,585
Total revenues$38,312,606

Form 990s for Barc Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-12990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2018-122020-01-27990View PDF
2017-122019-02-21990View PDF
...and 8 more Form 990s

Organizations like Barc Electric Cooperative

OrganizationLocationRevenue
Lamb County Electric CooperativeLittlefield, TX$41,506,938
Southwest Electric CooperativeBolivar, MO$70,745,586
SouthEastern Illinois Electric CoopCarrier Mills, IL$88,029,423
Choctaw Electric CooperativeHugo, OK$62,989,544
Mora-San Miguel Electric CooperativeMora, NM$13,076,672
Bartlett Electric CooperativeBartlett, TX$40,795,236
Butler Rural Electric Cooperative AssociationEl Dorado, KS$28,060,383
Co-Mo Electric CooperativeTipton, MO$51,988,626
Swisher Electric CooperativeTulia, TX$25,409,868
Sierra Electric CooperativeElephant Butte, NM$10,580,863
Data update history
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 23, 2024
Updated personnel
Identified 1 new personnel
January 2, 2024
Used new vendors
Identified 1 new vendor, including
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 1, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 264
Millboro, VA 24460
County
Bath County, VA
Website URL
barcelectric.com/ 
Phone
(800) 846-2272
IRS details
EIN
54-0130127
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1938
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W50: Telephone, Telegraph, and Telecommunications Services
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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