2023-11-02T14:25:27-04:00 2022-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2022-01-01 570196563 LAURENS ELECTRIC COOPERATIVE INC LAUR 8646823141 PO BOX 700 LAURENS SC 29360 MATTHEW D STANLEY PRESIDENT & CEO ELEC 8646823141 2023-11-02 true MATTHEW STANLEY 999009999 false JASON A PEACOCK P00978537 4787466277 2023-11-02 2022 2023-04-26 12:10:37Z J DAVID WASSON PO BOX 700 LAURENS SC 29360 149244306 false X WWW.LAURENSELECTRIC.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. 9 9 161 1124306 3264300 0 139164723 146459615 37845 90576 1705939 1484915 144172807 148035106 0 11046021 2960973 935118 950987 0 0 132191668 144123146 144172807 148035106 0 287933244 289764029 182970756 185387810 104962488 104376219 X 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 TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHTEST STANDARDS OF SERVICE. N/A false false true 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 true true false false true 43 0 true 161 true true true false false false false 145240024 1897039 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 MATTHEW D STANLEY 8646823141 PO BOX 700 LAURENS SC 29360 J DAVID WASSON PRESIDENT & 50.00 X 493435 0 180285 NATHAN BROWN VP-ENGINEER& 50.00 X 219040 0 97644 MATTHEW D STANLEY VP & CFO 50.00 X 210621 0 96879 JIM DONAHOO VP MARKETING 50.00 X 193211 0 90972 CHAD ARMSTRONG VP OF HUMAN 50.00 X 191773 0 90372 CHRISTOPHER J MIERS VP,MEMBER SE 50.00 X 183206 0 87929 MARCUS COOK TRUSTEE 5.00 X 54804 0 0 JOE T NICHOLSON TRUSTEE 5.00 X 35819 0 0 CHARLES E ADAIR CHAIRMAN 5.00 X X 34496 0 0 WILLIAM HENDRIX VICE CHAIRMA 5.00 X X 28866 0 0 MITCHELL POWERS SECRETARY/TR 5.00 X X 28739 0 0 EDDIE ABRAMS TRUSTEE 5.00 X 26672 0 0 JIMMIE PERRY TRUSTEE 5.00 X 25288 0 0 WILLIE BELLE BLAKELY TRUSTEE/DIRE 5.00 X 24407 0 0 REID FISHER TRUSTEE 5.00 X 18176 0 0 1768553 644081 36 false true false BRIGHTVIEW LANDSCAPES LLC PO BOX 740655 ATLANTA GA 30374 LANDSCAPING 114847 1 ELECTRIC REVENUE 221000 145240024 145240024 G&T AND OTHER CAPITAL CREDITS 221000 1027205 1027205 POLE RENTAL 221000 192386 192386 146459615 90576 90576 2333506 1209200 1124306 1124306 OTHER ELECTRIC REVENUE 221000 360609 360609 360609 148035106 146627838 1124306 282962 2960973 2960973 950987 950987 4917294 4917294 8758009 8758009 PURCHASED POWER 94525985 94525985 DISTRIBUTION OPERATIONS 11315103 11315103 ADMIN & GENERAL EXP 9315967 9315967 DISTRIBUTION MAINTENANCE 9229919 9229919 6060869 6060869 148035106 148035106 0 0 6565472 7407647 22191033 13596024 14467765 17992632 2375183 3074838 865194 756071 327881925 96997516 222326628 230884409 14002245 14708262 5139724 1344146 287933244 289764029 16726370 21115740 158291484 158356533 7952902 5915537 182970756 185387810 X 330105 334410 104632383 104041809 104962488 104376219 287933244 289764029 X 0 -586269 X false true X true false 4750 4750 true MCMASTER FOR GOVENOR 510 GRESSETTE BLDG COLUMBIA SC 29201 4250 BANNISTER FOR HOUSE OF REP 510 GRESSETTE BLDG COLUMBIA SC 29201 500 SCHEDULE C, PART I-A, LINE 1 POLITICAL CONTRIBUTIONS DETAILED IN I-C. 9788988 9788988 318092937 96997516 221095421 230884409 INVESTMENT IN ASSOC. ORG-NEW H 6848080 C INVESTMENT IN ASSOC. ORG.-CENTRAL 2648873 C INVESTMENT IN ASSOC. ORG.-CEEUS 2201942 C INVESTMENT IN NRUCFC 1860681 C INVESTMENT IN ASSOC. ORG.-FEDE 583520 C INVESTMENT IN ASSOC. ORG-PRTC 487101 C OTHER INVESTMENT IN ASSOC. ORG 76948 C INVESTMENT IN ASSOC. ORG.-COBA 1117 C 14708262 REGULATORY LIABILITY-ASC 980 2999996 CONSUMER DEPOSITS 2862014 OTHER 53527 5915537 X X X false false false J DAVID WASSON PRESIDENT & CEO 426683 42105 24647 157505 22780 673720 NATHAN BROWN VP-ENGINEER&OPER 202241 9465 7334 74864 22780 316684 MATTHEW D STANLEY VP & CFO 194966 9564 6091 74099 22780 307500 JIM DONAHOO VP MARKETING AND BUS 178510 9053 5648 68192 22780 284183 CHAD ARMSTRONG VP OF HUMAN RESOUR 176614 9594 5565 67592 22780 282145 CHRISTOPHER J MIERS VP,MEMBER SERVICES 168948 8875 5383 65149 22780 271135 FORM 990, PAGE 2, PART III, LINE 4D N/A FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IT 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 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 CEO IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD AS WELL AS MARKET DATA OBTAINED FROM STATEWIDE RESEARCH AND A NATIONAL SURVEY. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE CEO AS WELL AS MARKET STATISTICS. 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 XI, LINE 9 BOOK / TAX DEPRECIATION DIFFERENCE 10,956 MEMBERSHIP FEES 4,305 RETIRED CAPITAL CREDITS GAIN/OTHER 70,057 BENEFITS PAID TO MEMBERS 2,960,973 ASC 980 - REGULATORY LIABILITY 2,000,000 CAPITAL CREDIT RETIREMENTS -1,748,469 OTHER COMPREHENSIVE INCOME -3,884,091 TOTAL -586,269 ALARM MONITORING CENTER OF SC LLC 2254 HWY 14 LAURENS SC 29630 571066653 SECURITY A SC 194485 377388 LAURENS EC 1939 LAND MANAGEMENT LLC 2254 HWY 14 LAURENS SC 29630 824664489 LAND DEVEL SC -18520 7284279 LAURENS EC VANGUARD OF SPARTANBURG 101 BUILDERS BOILING SPRINGS SC 29316 570767813 SECURITY A SC LAURENS EC C CORP false false false false false false false false false false false false false false false false false false false false