2020-11-04T10:54:47-08:00 2019-12-31 Aiken Electric Cooperative Inc 2790 Wagener Road Aiken SC 29801 990 2019-01-01 570113065 Aiken Electric Cooperative Inc AIKE 8036496245 PO Box 417 Aiken SC 29802 Gary L Stooksbury CEO 8036496245 2020-11-04 165.166.47.186 2020-11-04 10:54:37 PS P B28101B511F1AA970B836769C198438984BF6648 B28101B511F1AA970B836769C198438984BF6648 2019 2021-04-22 16:20:28Z Gary L Stooksbury PO Box 417 Aiken SC 29802 124826609 false X www.aikenco-op.org X 1938 SC Aiken Electric Cooperative, Inc. will strive to provide reliable, competitively priced energy and other services that are desired by the membership. 10 10 165 0 0 0 0 118909633 117637425 5567429 7189184 0 124477062 124826609 0 7667559 9527155 884318 787363 0 0 115925185 114512091 124477062 124826609 0 0 272050645 285855427 165653275 172740647 106397370 113114780 Aiken Electric Cooperative, Inc. will strive to provide reliable, competitively priced energy and other services that are desired by the membership. false false To provide the best possible electric service to all who desire it within the system's service area at the lowest price consistent with the highest standards of service. 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 false true 27 0 true 165 true false false false false false false false false false 116429493 7909083 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 April Collins 8036496245 2790 Wagener Road Aiken SC 29802 O Frank Dorn Trustee 15.00 X 49303 0 0 Scott Riddle Trustee 8.00 X 45467 0 0 Otis Dewitt Livingston President 13.00 X X 32705 0 0 Robert Curry Vice President 14.00 X X 29832 0 0 Wayne Furtick Trustee 14.00 X 28831 0 0 Dana Moseley Trustee 15.00 X 26578 0 0 Charles Sanders Jr Assistant Sec./Treasurer 10.00 X X 26477 0 0 James E Stewart Jr Trustee 9.00 X 25263 0 0 Linda Bramlett Secretary/Treasurer 13.00 X X 18384 0 0 J Strom Thurmond Jr Trustee 5.00 X 16770 0 0 Theo Williams Trustee 0.00 X 9123 0 0 Edward Swartz Trustee 0.00 X 6364 0 0 Gary L Stooksbury CEO 50.00 X 419138 0 100472 Dan Garman VP - Operations & Engineering 45.00 X 188942 0 122322 William Inman VP-Customer & Strategic Services 50.00 X 162261 0 152097 Todd Scoggins Area Director 48.00 X 127996 0 65632 Charles Rushton Area Director 40.00 X 120863 0 69102 April Collins VP - Finance & Technology 45.00 X 120391 0 67022 1454688 0 576647 14 true true false Lewis Tree Company PO Box 731897 Dallas TX 75373 Right of way clearing 2371447 Bobby McGuire dba G&M Locating 1623 Brown Road Hephzibah GA 30815 Locating services 161744 Lee Electrical Construction Inc PO Box 55 Aberdeen NC 28315 Electrical Contractor 1603562 B&B Heating & Cooling 3788 Whetsone RD North SC 29112 Home Efficiency Contractor 223937 4 Electricity Sales 221000 116429493 0 0 Pole Rental 221000 199832 0 0 Patronage Capital - Assoc 221000 1008100 0 0 117637425 7189184 0 7189184 124826609 117637425 0 7189184 9527155 9527155 734235 734235 0 0 53128 53128 0 0 393354 393354 0 0 6656179 6656179 0 0 8870525 8870525 0 0 Administrative & General 5481691 5481691 0 0 Consumer Accounts & Consumer SVC 4427408 4427408 0 0 Distribution Maintenance & Operations 14376623 14376623 0 0 Purchased Power 74306311 74306311 0 0 124826609 124826609 0 0 2481637 3927954 12550190 11575168 0 800120 725969 9832631 8858599 308427305 94294123 208059263 214133182 38311104 46618955 15700 15600 272050645 285855427 28591069 24466389 11225000 10825000 126901201 137756853 -1063995 -307595 165653275 172740647 X 358132 362321 106039238 112752459 106397370 113114780 272050645 285855427 X 0 6355089 X false true X true false 0 1242156 1242156 11308207 4627914 6680293 295876942 89666209 206210733 214133182 Patronage Capital from Assoc Orgs 8867141 C Term Certificates 1336194 C Other Investments see supp sch 36415620 C 46618955 Accumulated Provision Post Retirement -4174865 Consumer Deposits 3867270 -307595 X X X X X false true false Theo Williams 0 0 0 0 9123 0 0 0 0 0 9123 0 0 0 Edward Swartz 0 0 0 0 6364 0 0 0 0 0 6364 0 0 0 Gary L Stooksbury 351485 0 2200 0 65453 0 66765 0 33707 0 519610 0 0 0 Dan Garman 172621 0 2200 0 14121 0 92611 0 29710 0 311263 0 0 0 William Inman 146436 0 2200 0 13625 0 123402 0 28695 0 314358 0 0 0 Todd Scoggins 118385 0 2200 0 7411 0 40382 0 25250 0 193628 0 0 0 Charles Rushton 105941 0 2200 0 12722 0 42086 0 27016 0 189965 0 0 0 April Collins 117649 0 2200 0 542 0 39213 0 27809 0 187413 0 0 0 Pt I Line 4b Gary L Stooksbury receives an IRS required distribution from his pension restoration plan. This amount, $49,926.64, is included in taxable income. Pt VI, Line 6 The Cooperative has members as provided in its bylaws which are included as a part of this return. Pt VI, Line 7a The Cooperative has members who elect members of the governing body as provided for in its bylaws which are included as a part of this return. Pt VI, Line 7b Certain decisions of the governeing body are subject to approval by members as provided in its bylaws which are included as a part of this return. Pt VI, Line 11b Form 990 is reviewed by the Board with all supporting documentation made available to them. Pt VI, Line 12c The Cooperative regularly and cosistently 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. Pt VI, Line 15a Compensation for the CEO is reviewed and approved through the use of a compensation survey and a performance review conducted by a compensation committee which is then approved by the member-elected board. Pt 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 as reflected in Part VI Section C Line 18. Pt XI See supporting schedule for the change in Net Asstes Pt VI, Line 15b Compensation for key employees is reviewed and approved through the use of a compensation survey and a performance review conducted by a compensation comittee which is then approved by the member-elected board.