2023-11-07T13:26:53-05:00 2022-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2022-01-01 570128696 BROAD RIVER ELECTRIC COOPERATIVE INC BROA 8644895737 PO BOX 2269 GAFFNEY SC 293422269 TERRY W MALLARD PRESIDENT & CEO 8642067136 2023-11-06 true TERRY MALLARD 999009999 false JASON A PEACOCK P00978537 4787466277 2023-11-07 2022 2023-04-26 12:10:37Z TERRY W MALLARD PO BOX 2269 GAFFNEY SC 29342 56431065 false X WWW.BROADRIVERELECTRIC.COM X 1940 SC YOUR COOPERATIVE IS COMMITTED TO THE PROVISION OF SAFE, RELIABLE AND REASONABLY PRICED ELECTRIC AND OTHER ENERGY RELATED SERVICES WHILE IMPROVING THE COMMUNITIES WE SERVE. 9 9 57 0 981589 0 53633848 56294145 135219 89127 201935 47793 54952591 56431065 0 5340460 2919579 590363 701742 0 0 48130550 52950580 54061373 56571901 891218 -140836 130407724 143703578 89502615 99198417 40905109 44505161 YOUR COOPERATIVE IS COMMITTED TO THE PROVISION OF SAFE, RELIABLE AND REASONABLY PRICED ELECTRIC AND OTHER ENERGY RELATED SERVICES WHILE IMPROVING THE COMMUNITIES WE SERVE. false false YOUR COOPERATIVE IS COMMITTED TO THE PROVISION OF SAFE, RELIABLE AND REASONABLY PRICED ELECTRIC AND OTHER ENERGY RELATED SERVICES WHILE IMPROVING THE COMMUNITIES WE SERVE. false false false false false false false false false true false false false true false true 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 41 0 true 57 true false false false false false 55557994 242592 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 BROAD RIVER ECI 8644895737 PO BOX 2269 GAFFNEY SC 29342 TERRY W MALLARD PRESIDENT & 50.00 X 443668 0 126523 CARY JOHNSON VP-OPERATION 40.00 X 169120 0 67834 JOHN B FOWLER VP-MEMBER SE 40.00 X 142923 0 64343 JEFFERY S HUMPHRIES VP-ECONOMIC 40.00 X 137829 0 61598 KENNY GRISWOLD VP-INFORMATI 40.00 X 119702 0 59053 ANDREW ALLSBROOK VP-ENGINEERI 40.00 X 134795 0 43920 NORRIS R FOWLER CHAIRMAN 15.00 X X 20714 0 0 E DEWITT MCCRAW TRUSTEE 6.00 X 18794 0 0 MARK PATTERSON TRUSTEE 6.00 X 18523 0 0 R WAYNE WEST TRUSTEE 6.00 X 18267 0 0 DECOLE GALLMAN SEC/TREAS 6.00 X X 14394 0 0 KEVIN MOSS TRUSTEE 6.00 X 12123 0 0 BOBBY FOSTER TRUSTEE 6.00 X 10523 0 0 ANITA P WHITNEY VICE CHAIRMA 8.00 X X 10123 0 0 WILLIAM PEELER TRUSTEE 6.00 X 8090 0 0 1279588 423271 7 false true false MCCRORY CONSTRUCTION LLC 522 LADY STREET COLUMBIA SC 29201 CONSTRUCTION 7553418 ASPLUNDH TREE EXPERT CO 351 ORCHARD CIRCLE CHARLOTTE NC 28217 ROW CLEARING 1216533 UTILTITY PARTNERS OF AMERICA 7600 PELHAM ROAD GREENVILLE SC 29615 ELECTRIC DIST. 610115 CALDWELL LANDSCAPING CLEARING 1247 PATTERSON PLANT ROAD ENOREE SC 29335 ROW CLEARING 286774 MBM CONSULTING LLC PO BOX 254 EASLEY SC 29641 CONSULTING 122694 5 ELECTRIC REVENUE 221000 55557994 55557994 CAPITAL CREDITS 221000 614989 614989 POLE RENTAL REVENUE 221000 121162 121162 56294145 89127 89127 81682 81682 81682 81682 OTHER ELECTRIC REVENUE 221000 -33889 -33889 -33889 56431065 56139094 291971 2919579 701742 1974340 3839233 PURCHASED POWER 35423167 DISTRIBUTION OPERATIONS 4012639 DISTRIBUTION MAINTENANCE 2632178 ADMINISTRATIVE AND GENERA 2348298 2720725 56571901 0 0 0 8337257 6449593 3980167 5641134 2828 213 509012 940799 212771 3309650 150082228 29424440 111066935 120657788 6288336 6693983 10418 10418 130407724 143703578 7585640 9802696 69544570 78082441 12372405 11313280 89502615 99198417 X 40905109 44505161 40905109 44505161 130407724 143703578 X -140836 3740888 X false true X true false 719270 719270 149362958 29424440 119938518 120657788 ACCUM. PROV.POST RETIREMENT BENEFITS 5081293 ASC 980 REGULATORY LIABILLITY 4300000 CONSUMER DEPOSITS 1931987 11313280 56331065 56331065 100000 100000 56431065 54039490 54039490 2532411 2532411 56571901 SCHEDULE D, PAGE 4, PART XI, LINE 4B ASC 980-REGULATED LIABILITY 100,000 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 2,532,411 X X X X false false false TERRY W MALLARD PRESIDENT & CEO 361322 42810 39536 104615 21908 570191 CARY JOHNSON VP-OPERATIONS 138413 17481 13226 47023 20811 236954 JOHN B FOWLER VP-MEMBER SERVICES 124325 14572 4026 41628 22715 207266 JEFFERY S HUMPHRIES VP-ECONOMIC DEVELOP 116816 13871 7142 38978 22620 199427 KENNY GRISWOLD VP-INFORMATION TECH 106320 12600 782 36753 22300 178755 ANDREW ALLSBROOK VP-ENGINEERING 120930 13552 313 20955 22965 178715 FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR 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 COMPENSATION SURVEY AND PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED THROUGH THE USE OF A BOARD POLICY ADMINISTERED BY THE CEO. 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 MEMBERSHIP FEES 1,830 PATRONAGE CAPITAL ALLOCATIONS 2,919,579 OTHER COMPREHENSIVE INCOME 937,112 ASC 980-REGULATED LIABILITY -100,000 DONATED CAPITAL -17,633 TOTAL 3,740,888