Newberry Electric Cooperative Inc

Unknown organization based in Newberry, SC. 50 employees. Exempt under §501(c)(12).

MissionTO PROVIDE THE BEST ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT THE LOWEST PRICE CONSISTENT WITH HIGHEST STANDARDS OF SERVICE.

EIN
57-0216285
State
SC
Sector
Unknown
Budget band
$50M+
Latest filing
TY 2024
Records
5 officers · 6 years

Financial snapshot · TY 2024

$53.7M
Total revenue
$53.7M
Total expenses
$112.6M
Net assets

Financial health · TY 2024

15
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
36
6.5 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
1
Mix of program fees, grants & contributions

Leadership compensation

Kevin Shull
VP-ENGINEERI
$274,033
$248,133
Leann Hutto
VP-HUMAN RES
$208,554
Stephanie Sullivan
VP-OPERATIOS
$198,685
Robert Shealy
VP-OPERATION
$193,713

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