2025-04-25T11:07:42-04:00 2023-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2023-01-01 570196563 LAURENS ELECTRIC COOPERATIVE INC LAUR 8646823141 PO BOX 700 LAURENS SC 29360 MATTHEW D STANLEY PRESIDENT & CEO 8646823141 2025-04-22 true false JASON A PEACOCK P00978537 4787466277 2025-04-25 2023 2025-03-06 01:10:19Z DISASTER TAX RELIEF IR2024253 AND SC202408 MATTHEW D STANLEY PO BOX 700 LAURENS SC 29360 150130916 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 9 157 839973 0 146459615 147243255 90576 390143 1484915 1289409 148035106 148922807 0 2960973 2203707 950987 1093356 0 0 144123146 145625744 148035106 148922807 0 289764029 297132182 185387810 184205943 104376219 112926239 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 false false false true 47 0 true 157 true true true false false false false 145566115 1579586 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 570103 0 186270 NATHAN BROWN VP-ENGINEER& 50.00 X 222249 0 103176 MATTHEW D STANLEY PRES & CEO E 50.00 X 218242 0 102191 JIM DONAHOO VP MARKETING 50.00 X 197578 0 96480 CHAD ARMSTRONG VP OF HUMAN 50.00 X 194105 0 95199 CHRISTOPHER J MIERS VP,MEMBER SE 50.00 X 186694 0 92520 MARCUS COOK TRUSTEE 5.00 X 63094 0 0 JOE T NICHOLSON TRUSTEE 5.00 X 44930 0 0 MITCHELL POWERS SECRETARY/TR 5.00 X X 41247 0 0 CHARLES E ADAIR CHAIRMAN 5.00 X X 40963 0 0 WILLIAM HENDRIX VICE CHAIRMA 5.00 X X 37554 0 0 EDDIE ABRAMS TRUSTEE 5.00 X 31992 0 0 JIMMIE PERRY TRUSTEE 5.00 X 31021 0 0 REID FISHER TRUSTEE 5.00 X 27433 0 0 WILLIE BELLE BLAKELY TRUSTEE 5.00 X 18749 0 0 1925954 675836 43 false true false SPATCO ENERGY SOLUTIONS 8303 UNIVERSITY EXECUTIVE PARK DR SUITE 400 CHARLOTTE NC 28262 ENERGY SERVICES 169972 BRIGHTVIEW LANDSCAPES LLC PO BOX 740655 ATLANTA GA 30374 LANDSCAPING 121445 2 ELECTRIC REVENUE 221000 145566115 145566115 G&T AND OTHER CAPITAL CREDITS 221000 1675309 1675309 POLE RENTAL 221000 1831 1831 147243255 390143 390143 2048082 1208109 839973 839973 OTHER ELECTRIC REVENUE 221000 449436 449436 449436 148922807 147690860 839973 391974 2203707 1093356 5506952 8847830 PURCHASED POWER 93557126 DISTRIBUTION OPERATIONS 11668125 DISTRIBUTION MAINTENANCE 10025984 ADMIN & GENERAL EXP 9632971 6386756 148922807 0 0 0 7407647 3999560 13596024 4610666 17992632 17900359 3074838 3310863 756071 694005 344194829 100188991 230884409 244005838 14708262 16093394 1344146 6517497 289764029 297132182 21115740 17435952 158356533 163742187 5915537 3027804 185387810 184205943 X 334410 340500 104041809 112585739 104376219 112926239 289764029 297132182 X 0 8550020 X false true X true false false MCMASTER FOR GOVENOR 510 GRESSETTE BLDG COLUMBIA SC 29201 BANNISTER FOR HOUSE OF REP 510 GRESSETTE BLDG COLUMBIA SC 29201 SCHEDULE C, PART I-A, LINE 1 POLITICAL CONTRIBUTIONS DETAILED IN I-C. 9880905 9880905 334313924 100188991 234124933 244005838 INVESTMENT IN ASSOC. ORG-NEW H 7084215 C INVESTMENT IN ASSOC. ORG.-CENTRAL 3377548 C INVESTMENT IN ASSOC. ORG.-CEEUS 2475800 C INVESTMENT IN NRUCFC 1972443 C INVESTMENT IN ASSOC. ORG.-FEDE 606634 C INVESTMENT IN ASSOC. ORG-PRTC 486993 C OTHER INVESTMENT IN ASSOC. ORG 88644 C INVESTMENT IN ASSOC. ORG.-COBA 1117 C 16093394 CONSUMER DEPOSITS 2998385 OTHER 29419 3027804 X X X false false false J DAVID WASSON PRESIDENT & CEO 426386 36650 107067 165241 21029 756373 NATHAN BROWN VP-ENGINEER&OPER 211207 3500 7542 82147 21029 325425 MATTHEW D STANLEY PRES & CEO ELECT 208390 3500 6352 81162 21029 320433 JIM DONAHOO VP MARKETING AND BUS 188212 3500 5866 75451 21029 294058 CHAD ARMSTRONG VP OF HUMAN RESOUR 185189 3500 5416 74170 21029 289304 CHRISTOPHER J MIERS VP,MEMBER SERVICES 177603 3500 5591 71491 21029 279214 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 MEMBERSHIP FEES 6,090 RETIRED CAPITAL CREDITS GAIN/OTHER 178,032 BENEFITS PAID TO MEMBERS 2,203,707 ASC 980 - REGULATORY LIABILITY 2,999,996 OTHER COMPREHENSIVE INCOME 4,657,503 OTHER 4,563 CAPITAL CREDIT RETIREMENTS -1,499,871 TOTAL 8,550,020 ALARM MONITORING CENTER OF SC LLC 2254 HWY 14 LAURENS SC 29630 571066653 SECURITY A SC LAURENS EC 1939 LAND MANAGEMENT LLC 2254 HWY 14 LAURENS SC 29630 824664489 LAND DEVEL SC LAURENS EC