2020-10-20T11:33:12-05:00 2019-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2019-01-01 570223728 PEE DEE ELECTRIC COOPERATIVE INC PEED 8436654070 PO BOX 491 DARLINGTON SC 29540 JAMES A GOODSON JR CHAIRMAN 8436654070 2020-10-20 true BRYAN A ISGETT P01441928 4787466277 2020-10-20 98.175.202.218 2020-10-20 11:33:12 CD P 25F9B7C04C37FA469521EEC6F4E14D36AC5D002A 5586D5E413FCEF2742B907724651E8BC0D4D3AF0 2019 2021-04-22 16:20:28Z JAMES A GOODSON JR PO BOX 491 DARLINGTON SC 29540 86449654 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 90 0 0 85806661 84853762 983149 846998 -126296 748894 86663514 86449654 0 5382772 5051760 634767 613693 0 0 80645975 80784201 86663514 86449654 0 165656949 172210910 91474043 94851829 74182906 77359081 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 false 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 142 0 true 90 true false false false false false 84202983 1045023 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 12.00 X X 28055 0 0 PRESTON GAINEY VICE CHAIRMA 10.00 X X 15554 0 0 PATRICIA THOMAS-TONEY SEC./TREAS 12.00 X X 4279 0 4825 DAVID HOWELL TRUSTEE 12.00 X 27512 0 0 ROBERT NORTON TRUSTEE 12.00 X 14204 0 0 HAMER PARNELL TRUSTEE 10.00 X 32605 0 0 WILLIAM F ROGERS JR TRUSTEE 12.00 X 14711 0 0 FREDERICK LASHON SELLERS TRUSTEE 11.00 X 14854 0 0 DON TEAL TRUSTEE 10.00 X 29348 0 0 LEE WHITE TRUSTEE 10.00 X 32891 0 0 MICHAEL S FULLER PRESIDENT & 50.00 X 251445 0 143410 MICHAEL RALLINGS VP ENGINEERI 50.00 X 137916 0 76515 JEFFERY SINGLETARY VP MARKETING 50.00 X 130704 0 88780 JESSICA MASON VP ACCOUNTIN 50.00 X 128883 0 90221 LORI STUCKEY VP MEMBER SE 50.00 X 131405 0 89628 JACK R DEARHART III VP OPERATION 50.00 X 135598 0 90199 1129964 583578 13 false true false FVS LLC 817 PHILLIPS ROAD WALTERBORO SC 29488 109112 ELECTRIC REVENUE 221000 84202983 84202983 PATRONAGE CAPITAL CREDITS 221000 418582 418582 POLE RENTAL 221000 205522 205522 MISCESCELLAENOUS REVENUE 221000 26675 26675 84853762 846998 846998 SUBSIDIARY INCOME 748894 748894 748894 86449654 84648240 1801414 5051760 5051760 613693 613693 2128603 2128603 5756252 5756252 PURCHASED POWER 54302153 54302153 DISTRIBUTION MAINTENANCE 6493390 6493390 DISTRIBUTION OPERATIONS 4629924 4629924 ADMIN. & GENERAL EXP. 3998465 3998465 3475414 3475414 86449654 86449654 0 0 1411245 1357497 12642008 16248503 9315021 8408629 3521880 3162236 1441451 1464610 14184616 13202393 188652956 79380027 106712843 109272929 10676198 11677882 5751687 7416231 165656949 172210910 8689443 9263104 79530955 82275574 3253645 3313151 91474043 94851829 X 127790 128395 74055116 77230686 74182906 77359081 165656949 172210910 X 0 3176175 X false true X true true true 777552 777552 9737577 5949303 3788274 178137827 73430724 104707103 109272929 ACCUMULATED EQUITY - ELECTRICOM 3465397 C CENTRAL 3374067 C CFC CTC'S 1616022 C CEE US 1529904 C COBANK 610641 C FEDERATED 474503 C CFC 390360 C NISC 189653 C CRC 22286 C NRTC 2949 C OTHER 2100 C 11677882 CONSUMER DEPOSITS 1804056 REGULATORY LIABILITES - ASC 980 1500000 DEFERRED CREDITS 9095 3313151 86449654 86449654 86449654 81397894 81397894 5051760 5051760 86449654 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 5,051,760 X X X false false false MICHAEL S FULLER PRESIDENT & CEO 244025 7420 111316 32094 394855 MICHAEL RALLINGS VP ENGINEERING 132074 5842 63693 12822 214431 JEFFERY SINGLETARY VP MARKETING 125076 5628 58288 30492 219484 JESSICA MASON VP ACCOUNTING 128210 673 59693 30528 219104 LORI STUCKEY VP MEMBER SERVICES 130310 1095 59693 29935 221033 JACK R DEARHART III VP OPERATIONS 129972 5626 59712 30487 225797 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 130,586 MEMBERSHIP FEES 605 OTHER COMPREHENSIVE INCOME 1,221,774 PATRONAGE CAPITAL CREDITS 5,051,760 PATRONAGE CAPITAL RETIREMENTS -3,228,550 TOTAL 3,176,175 PEE DEE ELECTRICOM INC PO BOX 491 DARLINGTON SC 29540 570787138 LAND DEVEL SC PEE DEE EC C CORP 748894 5159586 1.00000 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 189063 COST PEE DEE ELECTRICOM INC P 19270 COST