2022-10-19T13:59:51-04:00 2021-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2021-01-01 570124487 BLACK RIVER ELECTRIC COOPERATIVE INC BLAC 8034698060 PO BOX 130 SUMTER SC 291510130 CHARLES R ALLEN CEO 8034698060 2022-10-07 true CHARLES ALLEN 999009999 JASON A PEACOCK P00978537 4787466277 2022-10-19 2021 2022-09-23 18:48:47Z CHARLES R ALLEN PO BOX 130 SUMTER SC 291510130 78979485 false X WWW.BLACKRIVER.COOP X 1939 SC DISTRIBUTION OF ELECTRICITY TO RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL MEMBERS WITHIN THE COOPERATIVE'S ASSIGNED SERVICE TERRITORIES. 9 9 78 0 0 76128814 78761328 265055 201580 236730 4771 76630599 78967679 0 6742503 6193564 6794865 6577295 0 0 63093231 66027058 76630599 78797917 169762 113057071 113858929 22828669 21163844 90228402 92695085 TO PROVIDE RURAL AND URBAN AREAS WITHIN THE COOPERATIVES'S ASSIGNED SERVICE TERRITORY WITH RELIABLE, AFFORDABLE ELECTRICITY WHILE ALSO PROVIDING MEMBERS WITH EXCELLENT CUSTOMER SERVICE. false false TO PROVIDE RURAL AND URBAN AREAS WITHIN THE COOPERATIVE'S ASSIGNED SERVICE TERRITORY WITH RELIABLE AND AFFORDABLE ELECTRICITY WHILE ALSO PROVIDINGS ITS MEMBERS WITH EXCELLENT CUSTOMER SERVICE. false false false false false false false false false true false true false true false true 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 false false true X 55 0 true 78 true false false false false false 78455156 534398 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 BETTY J WELSH 8034698060 1121 N PIKE RD WEST SUMTER SC 29513 MARY B SHERIDAN CHAIR-TRUST 10.00 X X 23702 0 0 GEORGE R GIBSON VICE CHAIR.- 10.00 X X 9712 0 20558 CAREN SCHWARTZ SECRETARY -T 10.00 X X 23652 0 0 JULIAN DIXON JR CHAPLAIN-TRU 8.00 X 20652 0 0 THOMAS DURANT TRUSTEE 10.00 X 24502 0 0 RONALD FOUNTAIN TRUSTEE 10.00 X 23148 0 0 DR RONALD PRESTAGE TRUSTEE 5.00 X 13202 0 0 IVAN SANDERS TRUSTEE 8.00 X 22452 0 0 DAVID L TINDAL TRUSTEE 7.00 X 15702 0 0 CHARLES R ALLEN CEO 50.00 X 251608 0 108884 BETTY J WELSH VP FINANCE & 50.00 X 169987 0 68471 JAMES F MOYE VP ENGINEERI 45.00 X 127272 0 12287 BRENDA P CHASE GOVERN & PUB 40.00 X 114045 0 31776 LINSEY ROBINSON CREW FOREMAN 46.00 X 106665 0 27355 TRACY GEDDINGS LINE SUPERIN 40.00 X 100668 0 39786 CHARLIE RICHARDSON CREW FOREMAN 44.00 X 104087 0 2569 1151056 311686 8 false true false RIGHT WAY TREE EXPERTS PO BOX 191 SUMMERTON SC 29148 RIGHT OF WAY/TR 1648454 STANLEY DRAKE CONSTRUCTION 840 S GUIGNARD DR SUMTER SC 29150 CONTRACTOR 593621 MERIDIAN COOPERATIVE INC 100 ASHFORD CENTER NORTH SUITE 500 ATLANTA GA 30338 CONSUMER ACCT. 584277 POWER LINE CLEARING PO BOX 971 SUMTER SC 29151 RIGHT OF WAY 355149 SUREBILL (ENV & FORMS) 2505 MEADOWBROOK PKY DULUTH GA 30096 BILL PRINT/MAIL 182802 6 ELECTRIC REVENUE 221000 78455159 78455159 PATRONAGE CAPITAL 221000 290839 290839 POLE RENTAL 221000 15330 15330 78761328 193730 193730 19656 11806 7850 7850 7850 EQUITY EARNINGS SUBSIDIARY 900099 4771 4771 4771 78967679 78758619 209060 6193564 557774 3304217 1642784 692077 380443 6673 62083 134290 818507 309336 388507 81980 338977 5020386 162908 PURCHASE POWER 52972472 OPS, MAINT,CONS, A&G 3084941 PROPERTY TAX 2108863 GROSS RECEIPTS/EXCISE TAX 537135 78797917 0 0 0 11315310 8398875 4731636 4731566 8942657 8423692 269925 1070051 537495 1073888 314701 322770 144751183 63714476 78360493 81036707 8540054 8770144 44800 31236 113057071 113858929 7172709 5660993 11292050 10192811 4363910 5310040 22828669 21163844 X 90228402 92695085 90228402 92695085 113057071 113858929 X 169762 2296921 X false true X true false 654161 654161 5054039 2548920 2505119 139042983 61165556 77877427 81036707 INVESTMENT IN ASSOC. ORGANIZATIONS 6266541 C INVESTMENT IN SUBSIDIARY 1337915 C SPECIAL FUNDS 1165688 F 8770144 CONSUMER DEPOSITS 3172909 OTHER LONG-TERM LIABILITIES 1169508 OTHER DEFERRED CREDITS 967623 5310040 78967679 78967679 78967679 72604353 72604353 6193564 6193564 78797917 SCHEDULE D, PAGE 4, PART XII, LINE 4B BENEFITS PAID TO OR FOR MEMBERS (PAT CAP ALLOCATION) 6,193,564 X X true true X X X X false false false CHARLES R ALLEN CEO 235479 16129 99928 8956 360492 BETTY J WELSH VP FINANCE & ADMIN 153794 6193 10000 64612 3859 238458 FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS. 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. FORM 990, PAGE 6, PART VI, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBECT TO APPROVAL BY MEMBERS AS PROVIDED FOR IN ITS BYLAWS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE COOPERATIVE'S GOVERNING BODY, WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM BEFORE BEING FILED. FORM 990, PAGE 6, PART VI, LINE 12C BLACK RIVER ELECTRIC COOPERATIVE'S CONFLICT OF INTEREST POLICY IS DIRECTED TO TRUSTEES/DIRECTORS, OFFICERS, AS WELL AS OTHER MANAGEMENT PERSONNEL WHO CAN INFLUENCE THE ACTIONS OF THE COOPERATIVE. DISCLOSURE AND DETERMINATION OF THE PRESENCE OF A POTENTIAL CONFLICT OF INTEREST FOR ANY MANAGEMENT PERSONNEL IS MADE TO THE CHIEF EXECUTIVE OFFICER(OR IF SHE OR HE IS THE ONE WITH THE CONFLICT TO THE BOARD CHAIR), WHO THEN BRINGS THE MATTER TO THE ATTENTION OF THE BOARD OR A DULY APPOINTED COMMITTEE THEREOF. DISCLOSURE INVOLVING TRUSTEES/DIRECTORS IS TO BE MADE TO THE BOARD CHAIR (OR IF SHE OR HE IS THE ONE WITH THE CONFLICT TO VICE-CHAIR), WHO THEN BRINGS THE MATTER TO THE ATTENTION OF THE BOARD OR A DULY APPOINTED COMMITTEE THEREOF. IN ADDITION, EACH TRUSTEE/DIRECTOR, OFFICER, AND OTHER MANAGEMENT PERSONNEL ARE REQUIRED TO ANNUALLY COMPLETE A DISCLOSURE STATEMENT IDENTIFYING ANY POTENTIAL TRANSACTIONS OVER PRIOR YEAR WHICH COULD PRESENT ITSELF AS A POTENTIAL CONFLICT OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A A DULY APPOINTED COMMITTEE OF TRUSTEES, WAGE & SALARY COMMITTEE, IS ORGANIZED ON AN ANNUAL BASIS. THIS COMMITTEE REVIEWS SALARIES OF ALL EMPLOYEES INCLUDING CEO, OFFICERS, AND KEY EMPLOYEES. IN ADDITION, THE COMMITTEE ALSO ANNUALLY REVIEWS STATEWIDE SALARY SURVEYS, MARKET PLACE COLA, AS WELL AS RECOMMENDATIONS OF INDEPENDENT WAGE SURVEY CONDUCTED BY THIRD PARTY. THE RECOMMENDATION OF THE WAGE & SALARY COMMITTEE IS THEN BROUGHT BEFORE THE FULL BOARD AT THE NEXT BOARD MEETING WHERE IT IS CONSIDERED, DISCUSSED, ADOPTED OR REJECTED. EXECUTIVE SESSIONS ARE ALSO USED IN THIS COMPENSATION PROCESS. FORM 990, PAGE 6, PART VI, LINE 15B SEE 15A. ABOVE FORM 990, PAGE 6, PART VI, LINE 19 THE FINANCIAL STATEMENTS (AUDITED ANNUAL STATEMENTS) AND BYLAWS ARE AVAILABLE TO THE PUBLIC ON THE COOPERATIVE'S WEBSITE (WWW.BLACKRIVER.COOP) IN PDF FORMAT. OTHER GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST THROUGH PUBLIC INSPECTION AT THE COOPERATIVE HEADQUARTERS OR PROVIDING COPIES TO MEMBERS UPON REQUEST TO ONE OF THE COOPERATIVE'S MANAGEMENT EMPLOYEES. FORM 990, PART XI, LINE 9 MEMBERSHIP FEES 1,115 BENEFITS PAID TO MEMBERS 6,193,562 OTHER EQUITIES 345,385 RETIREMENT OF PATRONAGE CAPITAL -4,243,141 TOTAL 2,296,921 BLACK RIVER ECONOMIC DEVELOPMENT CO PO BOX 130 SUMTER SC 29151 570944854 SC N/A C CORP 4771 1353467 1.00000 false false false false true false false false false false false false true false false false false false false false BLACK RIVER ECONOMIC DEVELOPMENT CORPORATION L 4771 COST