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  4. Pennyrile Rural Electric Cooperative Corporation
EIN 61-0305525

Pennyrile Rural Electric Cooperative Corporation

IRS 501(c) type
501(c)(12)
Num. employees
117
City
Hopkinsville
State
Kentucky
Year formed
1937
Most recent tax filings
2021-06-01
NTEE code, primary
W80: Public Utilities
Description
Utility Systems Program - Sale of Electricity to Members. Sale of electricity to members.
Total revenues
$133,921,505
2021
Total expenses
$123,109,645
2021
Total assets
$259,510,087
2021
Num. employees
117
2021

Program areas at Pennyrile Rural Electric Cooperative Corporation

Utility Systems Programs: Sale of Electricity to Members

Who funds Pennyrile Rural Electric Cooperative Corporation

Federal funding details
Federal agencyProgram nameAmount
Department of Homeland SecurityHAZARD MITIGATION GRANT$1,195,845

Personnel at Pennyrile Rural Electric Cooperative Corporation

NameTitleCompensation
Alan GatesPresident and Chief Executive Officer$209,321
Mike StokesVice President and Operations
Sandy GroganVice President and Finance and Accounting / Vice President Finance and Accounting$143,642
Brent GilkeyVice President and Member Services and Communications / Vice President Member Services and Communication$134,035
John WheelerVice President and Engineering / Vice President of Engineering$151,974
...and 10 more key personnel

Financials for Pennyrile Rural Electric Cooperative Corporation

RevenuesFYE 06/2021
Total grants, contributions, etc.$0
Program services$128,421,906
Investment income and dividends$935,829
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$2,938,295
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,625,475
Total revenues$133,921,505

Form 990s for Pennyrile Rural Electric Cooperative Corporation

Fiscal year endingDate received by IRSFormPDF link
2020-062021-06-08990View PDF
2019-062020-01-03990View PDF
2018-062019-02-21990View PDF
2017-062018-01-18990View PDF
2016-062017-02-22990OView PDF
...and 6 more Form 990s

Organizations like Pennyrile Rural Electric Cooperative Corporation

OrganizationLocationRevenue
South Plains Electric CooperativeLubbock, TX$150,898,523
Cullman Electric CooperativeCullman, AL$117,305,438
Choptank Electric CooperativeDenton, MD$137,390,491
Clay County Electric Coop CorporationCorning, AR$35,933,683
Powder River Energy CorporationSundance, WY$184,204,500
Energyunited Electric Membership CorporationStatesville, NC$304,657,291
Rappahannock Electric Cooperative (REC)Fredericksburg, VA$426,168,943
Gibson Electric MembershipTrenton, TN$96,087,292
Northern Virginia Electric Co-Op (NOVEC)Manassas, VA$525,186,117
Southern Maryland Electric Cooperative (SMECO)Hughesville, MD$421,088,627
Data update history
October 3, 2021
Posted financials
Added Form 990 for fiscal year 2020
September 22, 2021
Updated personnel
Identified 3 new personnel
April 27, 2021
Posted financials
Added Form 990 for fiscal year 2019
November 28, 2020
Used new vendors
Identified 15 new vendors, including , , , , , , , , , , , , , , and
October 2, 2020
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local levelReceives government funding
General information
Address
PO Box 2900
Hopkinsville, KY 42241
Metro area
Clarksville, TN-KY
County
Christian County, KY
Website URL
precc.com/ 
Phone
(270) 886-2555
IRS details
EIN
61-0305525
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1937
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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This organization's description was created in-part with GPT-3 — an artificial intelligence language-generating model developed by OpenAI — because no good description exists within their Form 990. Cause IQ inputs known data points on the organization (primarily from the Form 990) into GPT-3 to generate an informative and user-friendly description summarizing the organization. Cause IQ takes full responsibility for the content of this OpenAI description.