Civic Intelligence

Santee Electric Trust Inc.

990EZ • Fiscal year 2022 • EIN 57-6152051

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 20, 2023

Organization ProfileSEE SCHEDULE O
PO Box 548Kingstree, SC 29556

(843) 355-6187

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

34th percentile

-3.4%

Higher net margin than 34% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

40th percentile

-3.4%

Faster asset growth than 40% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

36th percentile

-4.5%

Faster revenue growth than 36% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$154,001

Down $5,426 (-3.4%) from 2021

Net Assets

Down

$154,001

Down $5,426 (-3.4%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin34th percentile

Revenue

Down

$158,992

Down $7,544 (-4.5%) from 2021

Expenses

Up

$164,418

Up $7,597 (+4.8%) from 2021

Net Income

Down

-$5,426

Down $15,141 (-156%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$300K$200K$100K$0Assets 2010: $76,707Liabilities 2010: $0Net Assets 2010: $76,7072010Assets 2011: $80,632Liabilities 2011: $0Net Assets 2011: $80,6322011Assets 2012: $80,380Liabilities 2012: $0Net Assets 2012: $80,3802012Assets 2013: $68,956Liabilities 2013: $0Net Assets 2013: $68,9562013Assets 2014: $90,180Liabilities 2014: $0Net Assets 2014: $90,1802014Assets 2015: $105,045Liabilities 2015: $02015Assets 2016: $91,160Liabilities 2016: $02016Assets 2017: $85,924Liabilities 2017: $02017Assets 2018: $89,282Net Assets 2018: $89,2822018Assets 2019: $58,248Net Assets 2019: $58,2482019Assets 2020: $149,712Net Assets 2020: $149,7122020Assets 2021: $159,427Net Assets 2021: $159,4272021Assets 2022: $154,001Net Assets 2022: $154,0012022Assets 2023: $89,557Liabilities 2023: $0Net Assets 2023: $89,5572023Assets 2024: $284,804Liabilities 2024: $0Net Assets 2024: $284,8042024

Highlighted filing

2022

Assets$154,001
Liabilities-
Net Assets$154,001
Open 2022 Filing

Operations Trend

Revenue Growth36th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $256,853Expenses 2010: $242,130Net Income 2010: $14,7232010Revenue 2011: $232,310Expenses 2011: $228,385Net Income 2011: $3,9252011Revenue 2012: $206,912Expenses 2012: $207,164Net Income 2012: -$2522012Revenue 2013: $215,748Expenses 2013: $227,172Net Income 2013: -$11,4242013Revenue 2014: $240,299Expenses 2014: $219,075Net Income 2014: $21,2242014Revenue 2015: $192,719Expenses 2015: $177,854Net Income 2015: $14,8652015Revenue 2016: $189,565Expenses 2016: $203,450Net Income 2016: -$13,8852016Revenue 2017: $184,937Expenses 2017: $190,173Net Income 2017: -$5,2362017Revenue 2018: $176,187Expenses 2018: $172,828Net Income 2018: $3,3592018Revenue 2019: $170,251Expenses 2019: $201,286Net Income 2019: -$31,0352019Revenue 2020: $169,484Expenses 2020: $78,020Net Income 2020: $91,4642020Revenue 2021: $166,536Expenses 2021: $156,821Net Income 2021: $9,7152021Revenue 2022: $158,992Expenses 2022: $164,418Net Income 2022: -$5,4262022Revenue 2023: $349,324Expenses 2023: $413,768Net Income 2023: -$64,4442023Revenue 2024: $610,165Expenses 2024: $414,918Net Income 2024: $195,2472024

Highlighted filing

2022

Revenue$158,992
Expenses$164,418
Net Income-$5,426
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 20, 2023
Return Version
2022v5.0
Gross Receipts
$158,992
Mission and Program Overview

Mission

To provide financial assistance to individuals and organizations in the service territory of santee electric cooperative through an operation roundup program.

Program Services

DescriptionGrantsExpenses
SANTEE ELECTRIC TRUST WAS FORMED TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS AND ORGANIZATIONS IN THE SERVICE TERRITORY OF SANTEE ELECTRIC COOPERATIVE THROUGH AN OPERATION ROUNDUP PROGRAM.$152,210$164,418
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HL LOWDERChairman-$0--
DANNY PITTMANVice Chairma-$0--
BECKY JONESSecretary-$0--
CHARLENA COOPERTreasurer-$0--
BETTY DONNELYDirector-$0--
OTIS FRANKLINDirector-$0--
ANGELA JOHNSONDirector-$0--
LEE DAVISDirector-$0--
Filing and Contact Details

Filer

Filer Name
Santee Electric Trust
EIN
57-6152051
Phone
8433556187
Address
PO BOX 548, KINGSTREE, SC 29556

Signing Officer

Name
Hl Lowder
Title
Chairman
Phone
8433550524
Signed
2023-09-20
Discuss with paid preparer
Yes

Preparer

Firm
Mcnair Mclemore Middlebrooks & Co LLC
Address
POST OFFICE BOX ONE, MACON, GA 31202-0001
Preparer
William R Rountree
Phone
4787466277
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Cash contribution: 121,210”

Form 990-ez, Part I, Line 10

“Name: community assistance cash contribution: 31,000”

Form 990-ez, Part II, Line 24

“Due from affiliates 159,427 154,001 total 159,427 154,001”

Form 990-ez, Part III

“Certain adminstrative and accounting services are provided by santee electric employees. These "contributed services" related to employee labor and benefits are allocated to the organization when those services are provided. Contributed services totaling 13,249 are not included on the form 990-ez in accordance with the form's instructions.”

Form 990-ez, Part III

“To provide financial assistance to individuals and organizations in the service territory of santee electric cooperative through an operation roundup program.”

Raw XML Appendix149 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0RYAN COOPER
IRS990EZ/BooksInCareOfDetail/PhoneNum08433556187
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0424 SUMTER HIGHWAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0KINGSTREE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029556
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0158992
IRS990EZ/DonorAdvisedFndsInd0false
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IRS990EZ/ExcessOrDeficitForYearAmt0-5426
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt0152210
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IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt62.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt72.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HL LOWDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DANNY PITTMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BECKY JONES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHARLENA COOPER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BETTY DONNELY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5OTIS FRANKLIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ANGELA JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7LEE DAVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIRMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0159427
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0154001
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS AND ORGANIZATIONS IN THE SERVICE TERRITORY OF SANTEE ELECTRIC COOPERATIVE THROUGH AN OPERATION ROUNDUP PROGRAM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SANTEE ELECTRIC TRUST WAS FORMED TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS AND ORGANIZATIONS IN THE SERVICE TERRITORY OF SANTEE ELECTRIC COOPERATIVE THROUGH AN OPERATION ROUNDUP PROGRAM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0152210
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0164418
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0SC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0164418
IRS990EZ/TotalProgramServiceExpensesAmt0164418
IRS990EZ/TotalRevenueAmt0158992
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0SEE SCHEDULE O
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0158992
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0166536
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0169484
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0170251
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0176187
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0841450
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0841450
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0158992
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0166536
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0169484
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0170251
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0176187
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0841450
IRS990ScheduleA/TotalSupportAmt0841450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 121,210
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NAME: COMMUNITY ASSISTANCE CASH CONTRIBUTION: 31,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DUE FROM AFFILIATES 159,427 154,001 TOTAL 159,427 154,001
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CERTAIN ADMINSTRATIVE AND ACCOUNTING SERVICES ARE PROVIDED BY SANTEE ELECTRIC EMPLOYEES. THESE "CONTRIBUTED SERVICES" RELATED TO EMPLOYEE LABOR AND BENEFITS ARE ALLOCATED TO THE ORGANIZATION WHEN THOSE SERVICES ARE PROVIDED. CONTRIBUTED SERVICES TOTALING 13,249 ARE NOT INCLUDED ON THE FORM 990-EZ IN ACCORDANCE WITH THE FORM'S INSTRUCTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS AND ORGANIZATIONS IN THE SERVICE TERRITORY OF SANTEE ELECTRIC COOPERATIVE THROUGH AN OPERATION ROUNDUP PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HL LOWDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08433550524
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SANTEE ELECTRIC TRUST
ReturnHeader/Filer/BusinessNameControlTxt0SANT
ReturnHeader/Filer/EIN0576152051
ReturnHeader/Filer/PhoneNum08433556187
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 548
ReturnHeader/Filer/USAddress/CityNm0KINGSTREE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029556
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581094351
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0POST OFFICE BOX ONE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MACON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0312020001
ReturnHeader/PreparerPersonGrp/PhoneNum04787466277
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM R ROUNTREE
ReturnHeader/ReturnTs02023-09-25T10:59:16-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0HL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LOWDER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$154,001
Liabilities
-
Net assets
$154,001
Revenue
$158,992
Expenses
$164,418
Net income
-$5,426
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.85$0.00$2.85$6.10$4.15$1.95
2023Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$3.49$4.14$0.64
2022Detailed filing. Detailed filing data is available for this year.$1.54$1.54$1.59$1.64$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.59$1.59$1.67$1.57$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.50$1.50$1.69$0.78$0.91
2019Detailed filing. Detailed filing data is available for this year.$0.58$0.58$1.70$2.01$0.31
2018Detailed filing. Detailed filing data is available for this year.$0.89$0.89$1.76$1.73$0.03
2017Summary only. Only limited summary data is available for this year.$0.86$0.00$1.85$1.90$0.05
2016Summary only. Only limited summary data is available for this year.$0.91$0.00$1.90$2.03$0.14
2015Summary only. Only limited summary data is available for this year.$1.05$0.00$1.93$1.78$0.15
2014Summary only. Only limited summary data is available for this year.$0.90$0.00$0.90$2.40$2.19$0.21
2013Summary only. Only limited summary data is available for this year.$0.69$0.00$0.69$2.16$2.27$0.11
2012Summary only. Only limited summary data is available for this year.$0.80$0.00$0.80$2.07$2.07$0.00
2011Summary only. Only limited summary data is available for this year.$0.81$0.00$0.81$2.32$2.28$0.04
2010Summary only. Only limited summary data is available for this year.$0.77$0.00$0.77$2.57$2.42$0.15