2023-09-08T10:49:56-04:00 2022-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2022-01-01 570158355 EDISTO ELECTRIC COOPERATIVE INC EDIS 8032455141 PO BOX 547 BAMBERG SC 29003 DAVID E FELKEL PRESIDENT & CEO 8032455141 2023-04-19 DAVID FELKEL XXX-XX-XXXX false JASON A PEACOCK P00978537 4787466277 2023-09-08 2022 2023-04-26 12:10:37Z DAVID E FELKEL PO BOX 547 BAMBERG SC 29003 54032743 false X X 1939 SC TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. 10 10 77 0 1580455 0 50250032 53696366 174950 336377 0 52005437 54032743 0 3714108 2215501 662929 678217 0 0 47628400 51139025 52005437 54032743 0 119528672 118264291 82847249 78778549 36681423 39485742 TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. false false TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. false false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 35 0 true 77 true false false false false false 53032037 555265 false false false X 10 10 false false false false true true true true true false false true true true true true false true true false SC X EDISTO ELECTRIC COOPERATIVE 8032455141 PO BOX 547 BAMBERG SC 29003 DAVID E FELKEL PRESIDENT & 50.00 X 288645 0 127292 RICHARD C STEPHENSON VP OF FINANC 40.00 X 152988 0 82411 LAWRENCE C SMOAK III VP OF OPERAT 40.00 X 147828 0 78739 DANIEL C EUBANKS VP OF ENGINE 40.00 X 140312 0 76345 BRIAN C HEFNER VP OF MEMBER 40.00 X 124842 0 68780 ROBERT D BESSINGER VP OF HUMAN 40.00 X 120991 0 70594 JACK G VALLENTINE III VICE CHAIRMA 3.00 X X 34743 0 0 MICHAEL T HOLLINGSWORTH TRUSTEE 2.00 X 34464 0 0 F PICKENS WILLIAMS SEC./TREASUR 3.00 X 32817 0 0 CHRISTOPHER P SANDIFER TRUSTEE 2.00 X 32512 0 0 STANLEY M FUNCHESS TRUSTEE 2.00 X 31598 0 0 DOUGLAS A REEVES CHAIRMAN 4.00 X X 31516 0 0 ERVIN M MATHIAS III TRUSTEE 2.00 X 31298 0 0 MARY F NIMMONS TRUSTEE 2.00 X 17845 0 0 R WAYNE WELCH TRUSTEE 2.00 X 7043 0 0 ORDIE C BROWN TRUSTEE 2.00 X X 4430 0 0 TRAVIS OWENS BURBAGE TRUSTEE 2.00 X 4014 0 0 1237886 504161 6 false true false BROTHERS TREE COMPANY 1317 MAIN HIGHWAY BAMBERG SC 29003 RIGHT OF WAY 1164328 LEE ELECTRICAL CONSTRUCTION 12828 US-501 ABERDEEN NC 28315 CONSTRUCTION 625579 CARROLL ENTERPRISES 4472 JEFFERIES HIGHWAY WALTERBORO SC 29488 CONSTRUCTION 443594 SOUTHEAST WOODLAND SERVICES 431 CAINES LANDING RD CONWAY SC 29526 FORESTRY 193887 MASTER-TEK UTILITY 2366 S PINE ST SPARTANBURG SC 29302 CONSTRUCTION 145681 5 ELECTRIC SERVICE REVENUE 221000 52003372 52003372 OTHER ELECTRIC REVENUE 221000 1150878 1150878 CAPITAL CREDITS 221000 504335 504335 POLE RENTAL 221000 37781 37781 53696366 336377 336377 54032743 53658585 374158 2215501 678217 181185 1846251 4178719 PURCHASED POWER 30063998 DISTRIBUTION MAINTENANCE 4615520 DISTRIBUTION OPERATIONS 4355634 ADMIN. & GENERAL EXP. 2985604 2912114 54032743 0 0 0 1571258 1649348 22038733 14638739 6250001 7395318 1088817 1572833 46340 49893 142842526 55202861 83695129 87639665 4778564 5237090 59830 81405 119528672 118264291 6225500 7388991 1119576 1113285 63839503 60992388 11662670 9283885 82847249 78778549 X 81577 82757 36599846 39402985 36681423 39485742 119528672 118264291 X 0 2804319 X false true X true false 964834 964834 141877692 55202861 86674831 87639665 ACCUM. PROV. POSTRETIREMENT BENEFIT 6508193 CONSUMER DEPOSITS 1989218 DEFERRED CREDITS 786474 9283885 54032743 54032743 54032743 51817242 51817242 2215501 2215501 54032743 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 2,215,501 X X X false false false DAVID E FELKEL PRESIDENT & CEO 288645 98891 28401 415937 RICHARD C STEPHENSON VP OF FINANCE 152988 54767 27644 235399 LAWRENCE C SMOAK III VP OF OPERATIONS 147828 51495 27244 226567 DANIEL C EUBANKS VP OF ENGINEERING 140312 48841 27504 216657 BRIAN C HEFNER VP OF MEMBER SERVICE 124842 41493 27287 193622 ROBERT D BESSINGER VP OF HUMAN RESOURCE 120991 43315 27279 191585 FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7A COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD. FORM 990, PAGE 6, PART VI, LINE 7B 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, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE BOARD WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM. FORM 990, PAGE 6, PART VI, LINE 12C 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. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE CEO. FORM 990, PAGE 6, PART VI, LINE 19 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. FORM 990, PART XI, LINE 9 MEMBERSHIPS 1,180 PATRONAGE CAPITAL CREDITS 2,215,501 DONATED CAPITAL 142,564 POSTRETIREMENT BENEFIT OBLIGATION 1,631,958 CAPITAL CREDIT RETIREMENTS -1,186,884 TOTAL 2,804,319