Civic Intelligence

Berkeley Electric Cooperative Inc

990 • Fiscal year 2014 • EIN 57-0123093

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 06, 2015

Organization Profilewww.bec.coop

View Organization Page

PO Box 1234Moncks Corner, SC 29461-1234

(843) 761-8200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.72x

Higher debt load relative to assets than 74% of similar nonprofits.

2014 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2014

Liabilities / Revenue

50th percentile

1.22x

Higher debt load relative to revenue than 50% of similar nonprofits.

2014 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2014

Net Margin

10th percentile

-0.2%

Higher net margin than 10% of similar nonprofits.

2014 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2014

Top Officer Pay

18th percentile

$297,489

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2014 filings • $250M-$1B nonprofits • Source year 2014

Asset Growth

92nd percentile

12%

Faster asset growth than 92% of similar nonprofits.

2014 filings • 501(c)12 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Revenue Growth

61st percentile

6.9%

Faster revenue growth than 61% of similar nonprofits.

2014 filings • $250M-$1B nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$393,030,681

Up $41,648,541 (+12%) from 2013

Net Assets

Up

$109,173,735

Up $5,705,115 (+5.5%) from 2013

Liabilities

Up

$283,856,946

Up $35,943,426 (+14%) from 2013

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin10th percentile

Revenue

Up

$232,430,857

Up $14,987,670 (+6.9%) from 2013

Expenses

Up

$232,815,518

Up $15,561,716 (+7.2%) from 2013

Net Income

Down

-$384,661

Down $574,046 (-303%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800M$600M$400M$200M$0Assets 2010: $339,321,258Liabilities 2010: $252,998,436Net Assets 2010: $86,322,8222010Assets 2011: $337,666,160Liabilities 2011: $244,901,419Net Assets 2011: $92,764,7412011Assets 2012: $335,411,395Liabilities 2012: $237,152,686Net Assets 2012: $98,258,7092012Assets 2013: $351,382,140Liabilities 2013: $247,913,520Net Assets 2013: $103,468,6202013Assets 2014: $393,030,681Liabilities 2014: $283,856,946Net Assets 2014: $109,173,7352014Assets 2015: $422,841,458Liabilities 2015: $307,991,796Net Assets 2015: $114,849,6622015Assets 2016: $434,720,951Liabilities 2016: $314,053,238Net Assets 2016: $120,667,7132016Assets 2017: $429,930,339Liabilities 2017: $302,758,901Net Assets 2017: $127,171,4382017Assets 2018: $461,428,469Liabilities 2018: $310,439,760Net Assets 2018: $150,988,7092018Assets 2019: $537,447,738Liabilities 2019: $368,877,656Net Assets 2019: $168,570,0822019Assets 2020: $555,545,257Liabilities 2020: $372,398,916Net Assets 2020: $183,146,3412020Assets 2021: $620,212,746Liabilities 2021: $419,136,012Net Assets 2021: $201,076,7342021Assets 2022: $676,271,341Liabilities 2022: $471,631,356Net Assets 2022: $204,639,9852022Assets 2023: $706,474,043Liabilities 2023: $487,940,057Net Assets 2023: $218,533,9862023Assets 2024: $766,173,909Liabilities 2024: $537,448,481Net Assets 2024: $228,725,4282024

Highlighted filing

2014

Assets$393,030,681
Liabilities$283,856,946
Net Assets$109,173,735
Open 2014 Filing

Operations Trend

Revenue Growth61st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600M$400M$200M$0-$200MExpenses 2010: $187,282,9742010Expenses 2011: $197,669,5922011Expenses 2012: $205,250,8712012Revenue 2013: $217,443,187Expenses 2013: $217,253,802Net Income 2013: $189,3852013Revenue 2014: $232,430,857Expenses 2014: $232,815,518Net Income 2014: -$384,6612014Revenue 2015: $241,859,605Expenses 2015: $244,692,696Net Income 2015: -$2,833,0912015Revenue 2016: $257,929,650Expenses 2016: $257,929,650Net Income 2016: $02016Revenue 2017: $284,895,251Expenses 2017: $284,895,251Net Income 2017: $02017Revenue 2018: $324,970,807Expenses 2018: $324,970,807Net Income 2018: $02018Revenue 2019: $327,227,393Expenses 2019: $327,227,393Net Income 2019: $02019Revenue 2020: $344,018,397Expenses 2020: $344,018,397Net Income 2020: $02020Revenue 2021: $366,017,101Expenses 2021: $366,017,101Net Income 2021: $02021Revenue 2022: $408,085,738Expenses 2022: $403,272,407Net Income 2022: $4,813,3312022Revenue 2023: $437,149,733Expenses 2023: $437,149,733Net Income 2023: $02023Revenue 2024: $488,190,361Expenses 2024: $488,190,361Net Income 2024: $02024

Highlighted filing

2014

Revenue$232,430,857
Expenses$232,815,518
Net Income-$384,661
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 6, 2015
Return Version
2014v5.0
Gross Receipts
$232,435,268
Mission and Program Overview

Mission

Berkeley electric cooperative is committed to providing safe, reliable and affordable energy, while enhancing the lives of those we serve.

Providing electricity to our members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$304,712,412$320,220,471▲ $15,508,059
Rtn Earn Endowment Incm Other Fnds$103,111,362$108,807,065▲ $5,695,703
Savings and Temporary Cash Investments$1,700,000$28,794,295▲ $27,094,295
Investments Program Related$15,027,923$16,335,972▲ $1,308,049
Accounts Receivable$10,288,474$9,793,285▼ $495,189
Inventories for Sale or Use$5,023,325$5,012,754▼ $10,571
Cash and Non-Interest-Bearing Accounts$3,277,796$2,828,193▼ $449,603
Cap Stk Tr Prin Current Funds$357,258$366,670▲ $9,412
Prepaid Expenses and Deferred Charges$13,098$206,710▲ $193,612
Other Notes and Loans Receivable, Net$4,800$3,600▼ $1,200
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$351,382,140$393,030,681▲ $41,648,541
Other Assets Total$11,334,312$9,835,401▼ $1,498,911
Liabilities
Mortgage Notes Payable Secured by Investment Property$193,576,768$227,341,547▲ $33,764,779
Accounts Payable and Accrued Expenses$27,552,763$29,654,178▲ $2,101,415
Other Liabilities$26,783,989$26,861,221▲ $77,232
Total Liabilities$247,913,520$283,856,946▲ $35,943,426
Net Assets / Fund Balance
Total Net Assets Fund Balance$103,468,620$109,173,735▲ $5,705,115
Total Liabilities and Net Assets / Fund Balance$351,382,140$393,030,681▲ $41,648,541

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$298,782,472$130,059,111$428,841,583
Buildings$15,718,271$4,861,113$20,579,384
Land$5,719,728-$5,719,728
Other Land Buildings$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay18th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dwayne CartwrightPresident & CEOFT$232,113$62,821$294,934
Tim MobleyVice President Engineering & OperationsFT$158,274$114,580$272,854
M KearneyVice President Finance & Business DevelopmentFT$167,801$100,079$267,880
Scott ShepherdVP Customer ServiceFT$151,873$96,619$248,492
John VilleponteauxManager of OperationsFT$129,716$106,477$236,193
Miriam GreenVP Community DevelopmentFT$141,756$73,242$214,998
Eddie McknightVP Marketing & Public RelationsFT$141,776$71,171$212,947
Tony CapobiancoVice President of Information SystemsFT$136,921$58,267$195,188
H BrunsonChairmanPT$47,952$400$48,352
B HartBoard MemberPT$45,475$400$45,875
M MooreBoard MemberPT$43,926$400$44,326
Cp ShulerBoard MemberPT$33,387$400$33,787
J Gibbs SrBoard MemberPT$32,406$400$32,806
C CaddellV ChairmanPT$30,753$400$31,153
W DewittSecretary / TreasurePT$28,512$400$28,912
George McfaddenBoard MemberPT$26,321$400$26,721
Willis SandersBoard MemberPT$21,995$400$22,395

Highest Paid Contractors

ContractorServicesLocationCompensation
Lucas Tree ExpertsR-o-w ClearingPO BOX 958, Portland, ME 04104$2,437,925
Lee ElectricalConstructionPO BOX 55, Aberdeen, NC 28315$1,946,829
Sumter UtilitiesConstructionPO BOX 846391, Dallas, TX 75284$1,405,787
Md Henry CompanyConstructionPO BOX 40, Pelham, AL 35124$1,171,859
Infratech CoorportionConstruction2036A BAKER CT, Kennesaw, GA 30144$675,730
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$231,084,487
Investment Income
$207,526
Other Revenue
$1,138,844
Change in Net Assets
$-384,661

Audited Revenue Reconciliation

Revenue per Audited Statements
$232,430,857
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$232,430,857
Total Revenue per Form 990
$232,430,857
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$214,918,457
Salaries, Compensation, and Employee Benefits$10,104,160
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$13,286,997
Other Salaries and Wages---$9,247,964
Other Expenses---$9,129,699
Benefits to Members---$7,792,901
Interest---$6,000,524
Current Officers, Directors, Trustees, and Key Employees---$856,196
Total Functional Expenses$0$0$0$232,815,518

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$232,815,518
Expenses per Audited Statements$225,022,617
Total Expenses per Audited Statements$225,022,617
Expenses Not Reported on Financial Statements$7,792,901
Other Expense Adjustments$7,792,901
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Post Retirement Benefits$17,392,622
Margin Stabilization Plan$4,519,055
Accrued Vacation and Sick Leave$2,324,458
Accrued Taxes$2,084,862
Miscellaneous Accruals$217,961
Accrued Payroll$205,875
Accrued Insurance$116,388
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Electric cooperative organization.”

Form 990, Part VI, Section A, Line 7A

“Board of directors elected by members at annual meeting.”

Form 990, Part VI, Section A, Line 7B

“Bylaw changes approved by members at annual meeting.”

Form 990, Part VI, Section B, Line 11B

“Reviewed with full board and attorney.”

Form 990, Part VI, Section B, Line 12C

“Officers, trustees and key employees are required to sign a document stating whether they have any potential conflicts.”

Form 990, Part VI, Section B, Line 15

“Outside consultants are used to evaluate job responsibilities in comparisonwith other cooperatives and whether level of compensation is in line with similar size duties for individual and cooperative. The most recent evaluation / review was conducted in april 2013.”

Form 990, Part VI, Section C, Line 19

“The form 990 is available at all district offices, sent upon request and posted on public website. Annual reports are distributed at the annual meeting and bylaws are provided to new applicants upon request for service.”

Filing and Contact Details

Filer

Filer Name
Berkeley Electric Cooperative Inc
EIN
57-0123093
Phone
8437618200
Address
PO Box 1234, Moncks Corner, SC 29461-1234

Signing Officer

Name
Michael Kearney
Title
VP Finance and Business Dev.
Phone
8437618200
Signed
2015-08-06

Organization Details

Principal Officer
Dwayne Cartwright
Formed
1940
Legal Domicile
Sc
Voting Board Members
9
Independent Board Members
9
Employees
298
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Payments to memberships and patronage capital accounts.”

Financial Statement Notes

Schedule D, Part X, Line 2

“The company is required to recognize the provisions of fin 48 for the current year. This interpretation prescribes a recoginition thresold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken on a tax return. For those benefits to be recognized, a tax position must be more-than-likely-than-not to be sustained upon examination by taxing authorities. The amount recognized is measured as the largest amount of benefit that is greater that 50% likely of being realized upon ultimate settlement. The company has not recognized any deferred tax assets of the balance sheet date.”

Schedule D, Part XII, Line 4B

“Berkeley electric cooperative, inc. Interpreted the instructions to report the allocations of capital credits. This entry reconcilies the audited finacancial statements with the expenses reported in this return.”

Raw XML AppendixShowing 400 of 788 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt964952
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1099619
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt11116346
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1296769
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1374370
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1468546
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1558327
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt16106292
IRS990/Form990PartVIISectionAGrp/PersonNm0H BRUNSON
IRS990/Form990PartVIISectionAGrp/PersonNm1M MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm2W DEWITT
IRS990/Form990PartVIISectionAGrp/PersonNm3B HART
IRS990/Form990PartVIISectionAGrp/PersonNm4C CADDELL
IRS990/Form990PartVIISectionAGrp/PersonNm5J GIBBS SR
IRS990/Form990PartVIISectionAGrp/PersonNm6CP SHULER
IRS990/Form990PartVIISectionAGrp/PersonNm7WILLIS SANDERS
IRS990/Form990PartVIISectionAGrp/PersonNm8GEORGE MCFADDEN
IRS990/Form990PartVIISectionAGrp/PersonNm9DWAYNE CARTWRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm10M KEARNEY
IRS990/Form990PartVIISectionAGrp/PersonNm11TIM MOBLEY
IRS990/Form990PartVIISectionAGrp/PersonNm12SCOTT SHEPHERD
IRS990/Form990PartVIISectionAGrp/PersonNm13MIRIAM GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm14EDDIE MCKNIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm15TONY CAPOBIANCO
IRS990/Form990PartVIISectionAGrp/PersonNm16JOHN VILLEPONTEAUX
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt047952
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt143926
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt228512
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt345475
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt430753
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt532406
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt633387
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt721995
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt826321
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9232537
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10169684
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11158274
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12151873
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13141756
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14141776
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15136921
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16129715
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY / TREASURE
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4V CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT FINANCE & BUSINESS DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE PRESIDENT ENGINEERING & OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP CUSTOMER SERVICE
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP COMMUNITY DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP MARKETING & PUBLIC RELATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE PRESIDENT OF INFORMATION SYSTEMS
IRS990/Form990PartVIISectionAGrp/TitleTxt16MANAGER OF OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01940
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0232435268
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt048531
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt012
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt06000524
IRS990/InventoriesForSaleOrUseGrp/BOYAmt05023325
IRS990/InventoriesForSaleOrUseGrp/EOYAmt05012754
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0207526
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0207526
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt015027923
IRS990/InvestmentsProgramRelatedGrp/EOYAmt016335972
IRS990/IRPDocumentCnt099
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0134920224
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0304712412
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0320220471
IRS990/LandBldgEquipCostOrOtherBssAmt0455140695
IRS990/LegalDomicileStateCd0SC
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt04411
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt0231556867
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0264854
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0264854
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0TO PROVIDE AFFORDABLE ELECTRIC SERVICE TO OUR MEMBERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0193576768
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0227341547
IRS990/NetAssetsOrFundBalancesBOYAmt0103468620
IRS990/NetAssetsOrFundBalancesEOYAmt0109173735
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt044120
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt044120
IRS990/NetUnrelatedBusTxblIncmAmt04889
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt011334312
IRS990/OtherAssetsTotalGrp/EOYAmt09835401
IRS990/OtherChangesInNetAssetsAmt06089776
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0COST OF POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION - OPERATION & MAINT.
IRS990/OtherExpensesGrp/Desc2CUST. SVC, INFORMATIONAL & SALES
IRS990/OtherExpensesGrp/Desc3ADMIN. & GENERAL / ALL OTHERS
IRS990/OtherExpensesGrp/TotalAmt0166545458
IRS990/OtherExpensesGrp/TotalAmt114629414
IRS990/OtherExpensesGrp/TotalAmt25326365
IRS990/OtherExpensesGrp/TotalAmt39129699
IRS990/OtherLiabilitiesGrp/BOYAmt026783989
IRS990/OtherLiabilitiesGrp/EOYAmt026861221
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/Desc0CAPITAL CREDITS
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0829870
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0829870
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt01094724
IRS990/OtherSalariesAndWagesGrp/TotalAmt09247964
IRS990/OtherSourcesGrossIncomeAmt0873989
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt04800
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03600
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013098
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0206710
IRS990/PrincipalOfficerNm0DWAYNE CARTWRIGHT
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1POLE RENTAL
IRS990/ProgramServiceRevenueGrp/Desc2SURGE PROTECTION
IRS990/ProgramServiceRevenueGrp/Desc3INTERNET
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt1301935
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0230747683
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt234846
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt323
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0230747683
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1301935
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt234846
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt323
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$393,030,681
Liabilities
$283,856,946
Net assets
$109,173,735
Revenue
$232,430,857
Expenses
$232,815,518
Net income
-$384,661
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$766$537$229$488$488$0.00
2023Detailed filing. Detailed filing data is available for this year.$706$488$219$437$437$0.00
2022Detailed filing. Detailed filing data is available for this year.$676$472$205$408$403$4.81
2021Detailed filing. Detailed filing data is available for this year.$620$419$201$366$366$0.00
2020Detailed filing. Detailed filing data is available for this year.$556$372$183$344$344$0.00
2019Detailed filing. Detailed filing data is available for this year.$537$369$169$327$327$0.00
2018Detailed filing. Detailed filing data is available for this year.$461$310$151$325$325$0.00
2017Detailed filing. Detailed filing data is available for this year.$430$303$127$285$285$0.00
2016Detailed filing. Detailed filing data is available for this year.$435$314$121$258$258$0.00
2015Detailed filing. Detailed filing data is available for this year.$423$308$115$242$245$2.83
2014Detailed filing. Detailed filing data is available for this year.$393$284$109$232$233$0.38
2013Detailed filing. Detailed filing data is available for this year.$351$248$103$217$217$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$335$237$98.3$205
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$338$245$92.8$198
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$339$253$86.3$187