2021-11-11T10:41:45-06:00 2020-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2020-01-01 570223728 PEE DEE ELECTRIC COOPERATIVE INC PEED 8436654070 PO BOX 491 DARLINGTON SC 29540 WILLIAM L FLEMING JR PRESIDENT & CEO 8436654070 2021-11-11 true WILLIAM FLEMING 999009999 BRYAN A ISGETT P01441928 4787466277 2021-11-11 2020 2022-09-23 18:48:47Z WILLIAM L FLEMING JR PO BOX 941 DARLINGTON SC 29540 82592809 false X PEEDEEELECTRIC.COM 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 88 0 0 84853762 82209553 846998 727431 748894 -344175 86449654 82592809 0 5051760 6136091 613693 229260 0 0 80784201 76227458 86449654 82592809 0 172210910 173569454 94851829 92027052 77359081 81542402 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 N/A false false false false false false false false false true false true true true false false true false false false false false false false false false false false true false false false false false false false false false false false true false false true 138 0 true 88 true false false false false false 81630273 975875 false false false X 10 10 false false false false true true true true true false false true true true true true true true true false SC X PEE DEE ELECTRIC COOPERATIVE 8436654070 PO BOX 491 DARLINGTON SC 29540 JAMES A GOODSON JR CHAIRMAN 10.00 X X 30837 0 0 PRESTON GAINEY VICE CHAIRMA 10.00 X X 13436 0 0 PATRICIA THOMAS-TONEY SEC./TREAS 10.00 X X 10358 0 4128 DAVID HOWELL TRUSTEE 10.00 X 28952 0 0 ROBERT NORTON TRUSTEE 10.00 X 13786 0 0 HAMER PARNELL TRUSTEE 10.00 X 32237 0 0 WILLIAM F ROGERS JR TRUSTEE 10.00 X 12585 0 0 FREDERICK LASHON SELLERS TRUSTEE 10.00 X 14136 0 0 DON TEAL TRUSTEE 10.00 X 32125 0 0 LEE WHITE TRUSTEE 10.00 X 36680 0 0 WILLIAM L FLEMING JR PRESIDENT & 30.00 X 0 0 0 MICHAEL S FULLER PRES. & CEO 50.00 X 240569 0 116536 JEFFERY SINGLETARY VP MARKETING 50.00 X 154009 0 94009 JESSICA MASON VP ACCOUNTIN 50.00 X 147550 0 86019 LORI STUCKEY VP MEMBER SE 50.00 X 146461 0 93749 JACK R DEARHART III VP OPERATION 50.00 X 150705 0 94235 THOMAS FREEMAN CHIEF ADMIN 50.00 X 140799 0 88465 1205225 577141 13 true true false SUMTER UTILITIES 1151 N PIKE W SUMTER SC 29153 CONSTRUCTION 160000 TRANSFORMER MAINTENANCE & SERVICES 1392 MASSEY RD NEWTON GROVE NC 28366 MAINTENANCE REP 154933 DRIGGERS CONSTRUCTION LLC 3536 MCNEIL FARM RD HAMER SC 29547 CONSTRUCTION 145956 FVS LLC 817 PHILLIPS ROAD WALTERBORO SC 29488 RIGHT O.W. SPRA 139352 POWER CONSULTING ENGINEERS 4652 LAWRENCEVILLE HWY LILBURN GA 30047 ENGINEERING 112525 5 ELECTRIC REVENUE 221000 81630273 81630273 PATRONAGE CAPITAL CREDITS 221000 342696 342696 POLE RENTAL 221000 195253 195253 MISCELLANEOUS REVENUE 221000 41331 41331 82209553 727431 727431 SUBSIDIARY INCOME -344175 -344175 -344175 82592809 82014300 578509 6136091 6136091 229260 229260 2043970 2043970 5967803 5967803 PURCHASED POWER 49208330 49208330 DISTRIBUTION MAINTENANCE 6559797 6559797 DISTRIBUTION OPERATIONS 4487006 4487006 ADMIN. & GENERAL EXP. 4453892 4453892 3506660 3506660 82592809 82592809 0 0 1357497 93247 16248503 25622546 8408629 10398983 3162236 2595398 1464610 1485916 13202393 2708612 194867336 84843606 109272929 110023730 11677882 11402109 7416231 9238913 172210910 173569454 9263104 9985068 82275574 78809036 3313151 3232948 94851829 92027052 X 128395 132605 77230686 81409797 77359081 81542402 172210910 173569454 X 0 4183321 X false true X true false 777552 777552 9890613 6253851 3636762 184199171 78589755 105609416 110023730 CENTRAL 3482336 C ACCUMULATED EQUITY - ELECTRICOM 3121222 C CFC CTC'S 1564622 C CEE US 1510684 C COBANK 631132 C FEDERATED 496870 C CFC 376235 C NISC 192009 C CRC 22286 C NRTC 2949 C OTHER 1764 C 11402109 POST RET. BENEFIT OTHER THAN PENSION 9238913 9238913 CONSUMER DEPOSITS 1723343 REGULATORY LIABILITES - ASC 980 1500000 DEFERRED CREDITS 9605 3232948 82592809 82592809 82592809 76456718 76456718 6136091 6136091 82592809 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 6,136,091 X X X false false false MICHAEL S FULLER PRES. & CEO - FORMER 190066 2827 47676 91570 24966 357105 JEFFERY SINGLETARY VP MARKETING 125042 8187 20780 61118 32891 248018 JESSICA MASON VP ACCOUNTING 138075 8518 957 63095 22924 233569 LORI STUCKEY VP MEMBER SERVICES 136016 8518 1927 63095 30654 240210 JACK R DEARHART III VP OPERATIONS 136121 8558 6026 63569 30666 244940 THOMAS FREEMAN CHIEF ADMIN OFFICER 131567 8339 893 58009 30456 229264 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 THE COOPERATIVE HAS MEMBERS WHO ELECT FELLOW MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. 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 PRESIDENT AND CEO IS APPROVED THROUGH THE USE OF A SYSTEMATIC WAGE AND SALARY PLAN AS WELL AS A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION REVIEW AND APPROVAL FOR OTHER KEY EMPLOYEES IS CONDUCTED BY THE PRESIDENT AND CEO WITHIN THE LIMITATIONS OF THE WAGE AND SALARY PLAN AND POLICY AND BUDGET APPROVED BY THE MEMBER-ELECTED BOARD. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST ALONG WITH ITS 990 AS REFLECTED IN PART VI SECTION C LINE 18. FORM 990, PART XI, LINE 9 PATRONAGE CAPITAL CREDIT RETIREMENTS 98,560 MEMBERSHIP FEES 4,210 OTHER COMPREHENSIVE INCOME 1,289,847 PATRONAGE CAPITAL CREDITS 6,136,091 PATRONAGE CAPITAL RETIREMENTS -3,345,387 TOTAL 4,183,321 PEE DEE ELECTRICOM INC PO BOX 491 DARLINGTON SC 29540 570787138 LAND DEVEL SC PEE DEE EC C CORP false false false false false false false false false false false false false false false false true true false false PEE DEE ELECTRICOM INC Q 5161 COST PEE DEE ELECTRICOM INC P 136013 COST