2023-03-29T09:24:54-04:00 2022-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2022-01-01 570123093 BERKELEY ELECTRIC COOPERATIVE INC BERK 8437618200 PO BOX 1234 MONCKS CORNER SC 29461 MICHAEL FULLER CEO 8437618200 2023-03-28 true MICHAEL FULLER 999009999 false WILLIAM R ROUNTREE P01231836 4787466277 2023-03-29 2022 2023-04-26 12:10:37Z MICHAEL FULLER PO BOX 1234 MONCKS CORNER SC 29461 411209966 false X WWW.BEC.COOP X 1940 SC BERKELEY ELECTRIC COOPERATIVE IS COMMITTED TO PROVIDING SAFE, RELIABLE AND AFFORDABLE ENERGY, WHILE ENHANCING THE LIVES OF THOSE WE SERVE. 9 9 332 -124842 0 365662782 396464711 238051 6761565 116268 4859462 366017101 408085738 0 19362095 20697508 706861 743702 0 0 345948145 381831197 366017101 403272407 4813331 620212746 676271341 419136012 471631356 201076734 204639985 X BERKELEY ELECTRIC COOPERATIVE IS COMMITTED TO PROVIDING SAFE, RELIABLE AND AFFORDABLE ENERGY, WHILE ENHANCING THE LIVES OF THOSE WE SERVE. false false TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SOUTH CAROLINA COUNTIES OF BERKELEY, CHARLESTON AND DORCHESTER COUNTIES AT A REASONABLE COST, CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. TO PROVIDE AFFORDABLE, SAFE AND RELIABLE ELECTRIC SERVICE TO OUR MEMBER OWNERS. false false false false false false false false false true false false 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 true true false true 164 0 true 332 true true true false false false false 397821801 1237489 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 JOEL STEVENS 8437618200 PO BOX 1234 MONCKS CORNER SC 29461 X H WAYNE DEWITT CHAIRMAN 12.00 X X 31287 400 0 WILLIS SANDERS VICE CHAIRMA 10.00 X X 27225 400 0 CONNIE P SHULER SECRETARY/TR 10.00 X X 36560 400 0 ROBERT VANDROSS DIRECTOR 10.00 X 24475 400 0 SAM GOURDINE DIRECTOR 10.00 X 26125 400 0 HENRY CHAVIS SR DIRECTOR 10.00 X 25025 400 0 SHEILA POWELL DIRECTOR 10.00 X 30525 400 0 DENVER LEE CLAYTON DIRECTOR 5.00 X 3850 100 0 ROBERT JENKINS DIRECTOR 5.00 X 1650 100 0 HARRY BRUNSON DIRECTOR-FMR 10.00 X 15789 300 0 MICHAEL FULLER CEO 50.00 X 438090 0 79801 TIM MOBLEY VP - ENGINEE 45.00 X 219285 0 108905 JOEL STEVENS VP - FINANCE 45.00 X 205385 0 58995 LOUISE MEADE VP - HUMAN R 45.00 X 198736 0 99533 TRENA NELSON VP - BCE 45.00 X 188471 0 82819 AMY LANGDON VP - MEMBER 45.00 X 160054 0 84092 1632532 3300 514145 69 false true false RIGHT WAY TREE EXPERTS PO BOX 191 SUMMERTON SC 29148 ROW CLEARING 1883816 AMPIRICAL SOLUTIONS LLC 1654 OCHSNER BLD COVINGTON LA 70433 ENGINEERING 195001 PROGRESSIVE SOLUTIONS PO BOX 1130 MARSHALL AR 72650 ROW CLEARING 170261 3 ELECTRIC REVENUE 221000 393209589 393209589 PATRONAGE CAPITAL CREDITS 221000 2928840 2928840 POLE AND OTHER ATTACHMENTS 221000 326282 326282 396464711 484674 7879 476795 76277 201119 -124842 -124842 -124842 9200000 2923109 6276891 6276891 6276891 NET POSTRETIREMENT BENEFIT 4813331 4813331 OTHER REVENUE 170973 170973 4984304 408085738 407407503 -124842 803077 20697508 743702 8315858 21019282 PURCHASED POWER 287616660 DISTRIBUTION MAINTENANCE 19413796 DISTRIBUTION OPERATIONS 18236423 ADMIN. & GENERAL EXP. 13626709 13602469 403272407 0 0 0 5898350 12851894 10314000 19000000 35337517 26283148 8818608 9619538 254918 325140 768938532 190048866 534689568 578889666 24667095 29248966 232690 52989 620212746 676271341 34851559 40996497 309865992 379388210 36113397 38305064 51246649 419136012 471631356 X 485945 508685 200590789 204131300 201076734 204639985 620212746 676271341 X 4813331 -1250080 X X false true X true false 14691344 14691344 49863952 7453003 42410949 704383236 182595863 521787373 578889666 ACCUM PROV FOR PENSION & BENEFITS 20698020 ASC-980 DEFERRED REVENUE 10800000 CONSUMER DEPOSITS 7735834 ASC-980 POSTRETIREMENT BENEFIT 4813331 ACCRUED TAXES 3187480 ACCRUED VACATION 2508069 ACCRUED PAYROLL 1382602 OTHER 121313 51246649 392472407 -15613331 -15613331 408085738 408085738 382574899 382574899 20697508 20697508 403272407 SCHEDULE D, PAGE 4, PART XI, LINE 2D REVENUE DEFERRED UNDER ASC 980 -10,800,000 POSTRETIREMENT BENEFITS UNDER ASC 980 -4,813,331 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL ASSIGNED 20,697,508 SCHEDULE D, PAGE 4, PART XIII THE CORPORATION'S RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS PRESCRIBED BY THE FEDERAL ENERGY REGULATORY COMMISSION (18.CFR.PART 101), AS MODIFIED AND ADOPTED BY THE RURAL UTILIITES SERVICE (RUS) IN 7.CFR.1767. THOSE PRACTICES UTILIZE ALLOCATION BASES. AS A RESULT, IT WOULD REQUIRE SIGNIFICANT EFFORT TO BREAK OUT EXPENSES IN THE FUNCTIONAL CATEGORIES PROVIDED FOR ON THE STATEMENT OF FUNCTIONAL EXPENSES. MANAGEMENT HAS OPTED TO CLASSIFY ITS EXPENSES ON PART IX OF THE FORM 990 IN THE SAME MANNER IT REPORTS ITS FINANCIAL RESULTS TO LENDERS, REGULATORS AND ITS MEMBER-OWNERS. X X X false false false MICHAEL FULLER CEO 411890 1500 24700 57858 21943 517891 TIM MOBLEY VP - ENGINEERING 214579 1500 3206 86962 21943 328190 JOEL STEVENS VP - FINANCE 194769 1500 9116 37270 21725 264380 LOUISE MEADE VP - HUMAN RESOURCES 192161 1500 5075 77590 21943 298269 TRENA NELSON VP - BCE 185531 1500 1440 73051 9768 271290 AMY LANGDON VP - MEMBER SERVICES 153617 1500 4937 62149 21943 244146 SCHEDULE J, PART III SOUTH CAROLINA STATE LAW (33-49-615) REQUIRES SOUTH CAROLINA ELECTRIC MEMBERSHIP CORPORATIONS TO MAKE SPECIFIC COMPENSATION DISCLOSURES AVAILABLE TO ITS MEMBERS. THESE DISCLOSURES ARE IN EXCESS OF THE COMPENSATION DISCLOSURES REQUIRED BY FORM 990 AND ARE MADE AVAILABLE TO ITS MEMBERS THROUGH BERKELEY ELECTRIC COOPERATIVE'S MEMBER PORTAL. FORM 990, PAGE 2, PART III, LINE 4D TO PROVIDE AFFORDABLE, SAFE AND RELIABLE ELECTRIC SERVICE TO OUR MEMBER OWNERS. 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 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 EXECUTIVE MANAGEMENT REVIEWS FORM 990 WITH THE BOARD WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM. FORM 990, PAGE 6, PART VI, LINE 12C THE COOPERATIVE REGULARLY AND CONSISTENTLEY MONITORS AND ENFORCES COMPLIANCE WITH THE FOLLOWING POLICIES, WHICH ARE INCLUDED AS A PART OF COMPLIANCE WITH THE FOLLOWING POLICIES, WHICH ARE INCLUDED AS A PART OF FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S BOARD POLICY 203 WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S BOARD POLICY 203 WHICH IS INCLUDED AS A PART OF THIS RETURN. 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 VII IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS, ALL TRUSTEES THAT SERVED ON THE BOARD DURING THE CURRENT YEAR ARE PRESENTED ON PART VII. ALTHOUGH 10 TRUSTEES ARE PRESENTED ON PART VII, ONLY 9 TRUSTEES WERE ACTIVELY SERVING AS OF DECEMBER 31, 2022. FORM 990, PART XI, LINE 9 CHANGE IN MEMBERSHIP FEES 22,740 PATRONAGE CAPITAL ASSIGNED 20,697,508 CHANGE IN OTHER EQUITIES 312,277 PATRONAGE CAPITAL RETIRMENTS -6,669,274 ELECTRIC REVENUE DEFERRED UNDER ASC 980 -10,800,000 POSTRETIREMENT BENEFITS UNDER ASC 980 -4,813,331 TOTAL -1,250,080 FORM 990, PART XII THE PRIOR YEAR INFORMATION HAS BEEN RECLASSIFIED TO CONFORM TO THE CURRENT YEAR PRESENTATION. BERKELEY COOPERATIVE ENTERPRISES POBOX 1234 MONCKS CORNER SC 29461 571078630 PROPANE SC N/A true true false false false false false false false false false false false false false false false true false false BERKELEY COOPERATIVE ENTERPRISES A 76277 FMV OF SQ. FT. RENTED BERKELEY COOPERATIVE ENTERPRISES Q 176872 SHARED SERVICES SCHEDULE R BERKELEY ELECTRIC COOPERATIVE, INC. (BEC) OWNS 100% OF THE OUSTANDING SHARES OF BERKELEY COOPERATIVE ENTERPRISES, INC., AN ENTITY ORGANIZED AS A CORPORATION IN THE STATE OF SOUTH CAROLINA. BERKELEY COOPERATIVE ENTERPRISES, INC. IS A HOLDING COMPANY THAT OWNS 100% OF THE OUTSTANDING SHARES OF BERKELEY PROPANE, INC. (EIN: 57-1078631), ANOTHER SOUTH CAROLINA CORPORATION. BEC'S DIRECTORS SERVE ON THE BOARD OF BERKELEY COOPERATIVE ENTERPRISES, INC. AND RECEIVE COMPENSATION FOR THEIR SERVICES WHICH IS REPORTED ON PART VII, COLUMN E.