Skip to main content

Nonprofit · EIN 61-0277343

MEADE COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION

Tax-exempt · BRANDENBURG, KY 40108

Financials

$74.6M$74.6M2023$86.6M$86.6M2024$100.6M$100.6M2025
Revenue Expenses · by fiscal year end
Financials of MEADE COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$100,553,287$100,553,287$0$119,288,934$78,519,631$40,769,303
December 31, 2024990$86,638,949$86,638,949$0$114,152,123$72,842,613$41,309,510
December 31, 2023990$74,643,147$74,643,147$0$114,736,795$73,721,028$41,015,767
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$99,637,333
Investment income
$199,410
Other revenue
$716,544

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
-$226,997
Compensation of officers, directors and key employees
$663,226
Other salaries and wages
$6,165,765
Salaries, compensation and benefits (total)
$8,931,192
Professional fundraising fees
$0
Legal fees
$37,921
Accounting fees
$33,300
Depreciation
$5,469,815

Balance sheet and other

Total assets, start of year
$114,152,123
Total assets, end of year
$119,288,934
Total liabilities, end of year
$78,519,631
Net assets, end of year
$40,769,303
Land, buildings and equipment
$96,476,581
Gross receipts
$100,553,287
Employees
79
Volunteers
0
Year formed
1937
State of legal domicile
KY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MARTIN LITTRELPRESIDENT/CEO
Officer
60$378,106$61,850
ANNA SWANSONCFO
Officer
50$195,651$36,170
MICHAEL FRENCHVP OF ENGINEERING
Highest-paid employee
50$158,705$67,661
TODD BLACKBURNVP CORPORATE COMPLIANCE
Highest-paid employee
50$152,666$25,985
KELLY NICHOLSFOREMAN LINEMAN
Highest-paid employee
49$145,958$20,581
CHARLES MATTINGLYJOURNEYMAN LINEMAN
Highest-paid employee
49$140,621$21,143
JOHN CROSIERDIRECTOR OF OPERATIONS
Highest-paid employee
50$134,542$21,630
DARLA SIPESSECRETARY/TREASURER
Trustee or director, Officer
12$19,265$0
GREG HARDESTYDIRECTOR
Trustee or director
8$13,832$0
CHRISTOPHER CREECHDIRECTOR
Trustee or director
8$13,082$0
DAVID T WILSON IIDIRECTOR
Trustee or director
8$11,332$0
STEPHEN BARRCHAIRMAN
Trustee or director, Officer
12$10,832$0
PAUL EDD BUTLERDIRECTOR
Trustee or director
12$10,565$0
DR JAMES G SILLSVICE CHAIRMAN
Trustee or director, Officer
8$10,560$0
990 for the year ended December 31, 2024: 14 people
NameTitleHours / weekCompensationOther / benefits
MARTIN LITTRELPRESIDENT/CEO
Officer
60$360,326$60,985
ANNA SWANSONCFO
Officer
50$180,817$34,706
MICHAEL FRENCHVP OF ENGINEERING
Highest-paid employee
50$146,733$63,395
TODD BLACKBURNVP CORPORATE COMPLIANCE
Highest-paid employee
50$144,930$25,029
CHARLES MATTINGLYJOURNEYMAN LINEMAN
Highest-paid employee
49$132,600$20,272
KELLY NICHOLSFOREMAN LINEMAN
Highest-paid employee
49$127,384$20,047
JOHN CROSIERDIRECTOR OF OPERATIONS
Highest-paid employee
50$123,100$21,294
DARLA SIPESSECRETARY/TREASURER
Trustee or director, Officer
10$19,965$0
GREG HARDESTYDIRECTOR
Trustee or director
8$11,632$0
CHRISTOPHER CREECHDIRECTOR
Trustee or director
8$11,632$0
DAVID T WILSON IIDIRECTOR
Trustee or director
8$11,132$0
DR JAMES G SILLSVICE CHAIRMAN
Trustee or director, Officer
8$10,610$0
STEPHEN BARRCHAIRMAN
Trustee or director, Officer
10$9,382$0
PAUL EDD BUTLERDIRECTOR
Trustee or director
10$9,115$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
MARTIN LITTRELPRESIDENT/CEO
Officer
55$343,530$58,472
ANNA SWANSONCFO
Officer
50$169,582$32,767
MICHAEL FRENCHVP OF ENGINEERING
Highest-paid employee
50$134,986$58,152
DAVID POEVP ENGINEERING & OPERATION
Officer
50$161,313$10,685
TODD BLACKBURNVP CORPORATE COMPLIANCE &
Officer
50$137,867$23,857
MIKE FORDSTAKING SUPERVISOR
Highest-paid employee
50$115,588$43,786
KODY SHEROANJOURNEYMAN LINEMAN
Highest-paid employee
55$117,993$26,613
KELLY NICHOLSFOREMAN LINEMAN
Highest-paid employee
49$121,729$19,940
JOHN CROSIERDIRECTOR OF OPERATIONS
Highest-paid employee
50$118,297$21,176
DAVID PACEVP, PUBLIC RELATIONS & MKT
Officer
50$88,418$7,624
DARLA SIPESSECRETARY/TREASURER
Trustee or director, Officer
10$16,115$0
GREG HARDESTYDIRECTOR
Trustee or director
8$11,382$0
CHRISTOPHER CREECHDIRECTOR
Trustee or director
8$11,382$0
STEPHEN BARRCHAIRMAN
Trustee or director, Officer
10$11,140$0
DAVID T WILSON IIDIRECTOR
Trustee or director
8$10,882$0
DR JAMES G SILLSVICE CHAIRMAN
Trustee or director, Officer
8$10,110$0
PAUL EDD BUTLERDIRECTOR
Trustee or director
10$9,365$0

Address and contacts

Address (IRS master file)
1351 HIGHWAY 79, BRANDENBURG, KY 40108-7004
Principal officer (990 for 2025)
KYLE HEAVRIN, PO BOX 489, BRANDENBURG, KY 40108
Signed the 990
KYLE HEAVRIN, PRESIDENT & CEO
Phone
(270) 422-2162
Return prepared by
JONES NALE & MATTINGLY PLC

Mission

PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 31,806 CONSUMERS MONTHLY.

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 31,806 CONSUMERS MONTHLY.
    Expenses $100,553,287 · revenue $99,947,913

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
61-0277343
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1938
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$119,288,934
Income (IRS master file)
$100,553,287

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$100,553,287$100,553,287$119,288,934IRS
990December 2024$86,638,949$86,638,949$114,152,123IRS
990December 2023$74,643,147$74,643,147$114,736,795XML
990December 2022$68,475,133$68,475,133$116,049,029IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-0277343).

Questions about MEADE COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION

What is the EIN of MEADE COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION?
The employer identification number (EIN) of MEADE COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION is 61-0277343.
Is MEADE COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1938.
Are donations to MEADE COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MEADE COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MEADE COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MEADE COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MEADE COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION?
The 990 for the year ended December 31, 2025 names KYLE HEAVRIN.
Who are the officers and directors of MEADE COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION?
The 990 for the year ended December 31, 2025 lists 14 people; 14 received compensation from the organization, the highest $378,106 (MARTIN LITTREL, PRESIDENT/CEO).
How much revenue does MEADE COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $100,553,287, expenses of $100,553,287 and total assets of $119,288,934 at year end.

Other nonprofits in BRANDENBURG

All nonprofits in BRANDENBURG · Kentucky