2021-10-21T13:04:12-05:00 2020-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2020-01-01 570143233 COASTAL ELECTRIC COOPERATIVE INC COAS 8435385700 2269 JEFFERIES HIGHWAY WALTERBORO SC 294887230 MARK L WALLING PRESIDENT & CEO 8435385700 2021-10-20 true MARK WALLING 999009999 BRYAN A ISGETT P01441928 4787466277 2021-10-21 2020 2022-09-23 18:48:47Z MARK L WALLING 2269 JEFFERIES HWY WALTERBORO SC 29488 28050127 false X X 1940 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. 9 9 43 8570 0 27703478 27817010 233867 231209 13653 1478 27950998 28049697 0 272200 519554 675565 1058280 0 0 27003233 26471863 27950998 28049697 0 56869443 58165228 45012530 46096169 11856913 12069059 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 NA false false false false false false false false false true false true false true false false 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 66 0 true 43 true false false false false false 27320789 361614 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false SC X JANICE AVANT 8435385700 2269 JEFFERIES HIGHWAY WALTERBORO SC 29488 LAVERN POLK CHAIRMAN 11.00 X X 31173 0 0 JERRY CROSBY VICE CHAIRMA 8.00 X X 48332 0 0 JAMES M BUNTON JR SECRETARY 10.00 X X 13470 0 0 IAN PADGETT TREASURER 11.00 X X 13470 0 0 JOHHNY FRANK TRUSTEE 10.00 X 3000 0 0 JAMES H COPELAND III TRUSTEE 11.00 X 54446 0 0 JUDITH REEVES TRUSTEE 8.00 X 25521 0 0 WENDELL MCDONALD TRUSTEE 10.00 X 3250 0 0 HAROLD L RHODES JR TRUSTEE 8.00 X 24819 0 0 DANNY LYONS TRUSTEE 9.00 X 31624 0 0 LEON BRYAN TRUSTEE 9.00 X 17114 0 0 ELBERT SWEAT FORMER-TRUST 0.00 X 31178 0 0 MARK L WALLING PRESIDENT & 50.00 X 221075 0 123394 LAWRENCE J HINZ CEO - RETIRE 50.00 X 382285 0 65307 JANICE F AVANT VP - FINANCE 50.00 X 182241 0 114808 MICHAEL J HARTENBURG VP - MEMBER 50.00 X 191828 0 45610 RICHARD MASSEY LEAD LINEMAN 50.00 X 127647 0 61192 MATTHEW BRYAN VP-ENG. & OP 50.00 X 135383 0 90517 RHONDA MARTIN OFFICE MANAG 40.00 X 100845 0 61979 1638701 562807 7 true true false RIGHT WAY TREE EXPERTS LLC P O BOX 191 SUMMERTON SC 29148 RIGHT OF WAY 993273 1 ELECTRIC REVENUE 221000 27320789 27320789 PATRONAGE CAPITAL 221000 395875 395875 POLE RENTAL 221000 100346 100346 27817010 231209 231209 9000 430 8570 8570 8570 MISC. NONOPERATING 2699 2699 EQUITY EARNINGS SUBSIDIARY -9791 -9791 -7092 28049697 27809918 8570 231209 519554 519554 1058280 1058280 1677868 1677868 1719277 1719277 PURCHASED POWER 14137838 14137838 ADMIN. & GENERAL EXP. 3383532 3383532 DISTRIBUTION MAINTENANCE 2241570 2241570 DISTRIBUTION OPERATIONS 2032520 2032520 1279258 1279258 28049697 28049697 0 0 803815 833487 2959796 2758971 1047403 977824 402760 447305 160234 67276 69089297 20090285 47098802 48999012 4108322 3818272 288311 263081 56869443 58165228 1517450 2981334 39839032 39726642 3656048 3388193 45012530 46096169 X 47530 48235 11809383 12020824 11856913 12069059 56869443 58165228 X 0 212146 X false true X true false 631018 631018 2481598 1184282 1297316 62399402 18906003 43493399 3577279 3577279 48999012 INVESTMENT IN ASSOC. COMPANIES 2976233 C INVESTMENT IN CFC CAP TERM 550425 C INVESTMENT- INDUSTRIAL DEV S 291614 C 3818272 ACCUMULATED PROVISION FOR POSTRETIRE 1376126 OTHER LIABILTIES 952179 CONSUMER DEPOSITS 831549 CONSUMER ADVANCE ENERGY 168019 UNCLAIMED CAPITAL CREDITS 60320 3388193 X X X X false false false ELBERT SWEAT FORMER-TRUSTEE 31178 31178 MARK L WALLING PRESIDENT & CEO 202537 4780 13758 82182 41212 344469 LAWRENCE J HINZ CEO - RETIRED 307022 5636 69627 8550 56757 447592 JANICE F AVANT VP - FINANCE & ADMIN 167812 3700 10729 73320 41488 297049 MICHAEL J HARTENBURG VP - MEMBER SERVICES 183139 3620 5069 5609 40001 237438 RICHARD MASSEY LEAD LINEMAN 120972 2655 4020 37298 23894 188839 MATTHEW BRYAN VP-ENG. & OPERATIONS 123218 6015 6150 54621 35896 225900 RHONDA MARTIN OFFICE MANAGER 95621 2633 2591 41510 20469 162824 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 MEMBERS OF THE GOVERNING BODY AS PRO VIDED 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 COMPLIANC E WITH THEIR CONFLICT OF INTEREST POLICY AS PROVIDED FOR IN ITS POLICY WHI CH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED ANNUALLY THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD OF TRUSTEES . FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED ANNUALLY THROUGH T HE 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 FINANCI AL STATEMENTS AVAILABLE TO THE PUBLIC AS PART OF ITS FORM 990. THE FORM 9 90 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI SECTION C LINE 18. FORM 990, PART XI, LINE 9 MEMBERSHIP FEES 705 PATRONAGE CAPITAL 519,555 GENERAL RETIREMENT -201,007 CAPITAL CREDIT SETTLEMENT-GAINS -4,864 ACCUM. OTHER COMP. INCOME -101,588 DONATED CAPITAL -655 TOTAL 212,146