Little River Electric Cooperative Inc

“The cooperative made updates to their internal board policies.”

“The cooperative has members as provided for in its bylaws which are included as a part of this return.”

“The cooperative has members who elect members of the governing body as provided for in its bylaws which are included as a part of this return.”

“Certain decisions of the governing body are subject to approval by members as provided for in its bylaws which are included as a part of this return.”

“Form 990 is reviewed by the board with all supporting documentation made available to them.”

“The cooperative regularly and consistently monitors and enforces compliance with their conflict of interest policy as provided for in its policy which is included as a part of this return.”

“Compensation for top management is reviewed and approved through the use of a performance review conducted by the member-elected board.”

“Compensation for other key management positions is reviewed and approved through the use of a performance review conducted by the member-elected board.”

“The cooperative makes its bylaws, conflict of interest policy, and financial statements available to the public as part of its form 990. The form 990 is available upon request as reflected in part vi, section c, line 18.”

“All trustees that served on the board during the current year are required to be listed as current officers. Members of the board that served during the year, but were no longer members of the board of trustees are designated as "trustee-former". In accordance with south carolina law (section 33-49-160), detailed compensation disclosures for the board of trustees are required to be accessible and visible to members of the cooperative. The cooperative makes this detailed information avialable through its member portal.”

“Patronage capital assigned 1,276,310 other comprehensive income 732,612 patronage capital credits retired -308,985 other equity -2,183 total 1,697,754”