2022-11-01T10:14:13-04:00 2021-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2021-01-01 570128696 BROAD RIVER ELECTRIC COOPERATIVE INC BROA 8644895737 PO BOX 2269 GAFFNEY SC 293422269 TERRY W MALLARD PRESIDENT & CEO 8642067136 2022-11-01 true TERRY MALLARD 999009999 JASON A PEACOCK P00978537 4787466277 2022-11-01 2021 2022-09-23 18:48:47Z TERRY W MALLARD PO BOX 2269 GAFFNEY SC 29342 54952591 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 51314016 53633848 476393 135219 66712 201935 51857121 54952591 0 3343467 5340460 547691 590363 0 0 47965963 48130550 51857121 54061373 891218 128066587 130407724 91210159 89502615 36856428 40905109 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 44 0 true 57 true false false false false false 53206913 1440089 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 341584 0 123092 CARY JOHNSON VP-OPERATION 40.00 X 141134 0 64911 JOHN B FOWLER VP-MEMBER SE 40.00 X 128653 0 61448 JEFFERY S HUMPHRIES VP-ECONOMIC 40.00 X 121836 0 58780 KENNY GRISWOLD VP-INFORMATI 40.00 X 109021 0 56437 JASON BRADLEY WAREHOUSE MA 40.00 X 104629 0 53399 NORRIS R FOWLER CHAIRMAN 15.00 X X 21790 0 0 R WAYNE WEST TRUSTEE 6.00 X 18068 0 0 E DEWITT MCCRAW TRUSTEE 6.00 X 15861 0 0 MARK PATTERSON TRUSTEE 6.00 X 15308 0 0 DECOLE GALLMAN SEC/TREAS 6.00 X X 14261 0 0 KEVIN MOSS TRUSTEE 6.00 X 13708 0 0 ANITA P WHITNEY VICE CHAIRMA 8.00 X X 10108 0 0 WILLIAM PEELER TRUSTEE 6.00 X 8475 0 0 BOBBY FOSTER TRUSTEE 6.00 X 8108 0 0 1072544 418067 7 false true false MCCRORY CONSTRUCTION LLC 522 LADY STREET COLUMBIA SC 29201 CONSTRUCTION 4819513 ASPLUNDH TREE EXPERT CO 351 ORCHARD CIRCLE CHARLOTTE NC 28217 ROW CLEARING 1214388 LEE ELECTRICAL CONSTRUCTION INC 12828 HIGHWAY 15-501 SOUTH ABERDEEN NC 28315 CONSTRUCTION 502198 UTILTITY PARTNERS OF AMERICA 7600 PELHAM ROAD GREENVILLE SC 29615 ELECTRIC DIST. 302094 CALDWELL LANDSCAPING CLEARING 1247 PATTERSON PLANT ROAD ENOREE SC 29335 ROW CLEARING 256971 8 981589 981589 ELECTRIC REVENUE 221000 53206913 53206913 CAPITAL CREDITS 221000 288491 288491 POLE RENTAL REVENUE 221000 138444 138444 53633848 135219 135219 8515 8515 8515 8515 OTHER ELECTRIC REVENUE 221000 193420 193420 193420 54952591 53688824 282178 5340460 5340460 590363 590363 1805486 1805486 3721156 3721156 PURCHASED POWER 31451167 31451167 DISTRIBUTION OPERATIONS 3818707 3818707 DISTRIBUTION MAINTENANCE 2297090 2297090 ADMINISTRATIVE AND GENERA 2291683 2291683 2745261 2745261 54061373 54061373 0 0 11109043 8337257 4694559 3980167 5016643 2828 225737 509012 180658 212771 141403621 30336686 100844273 111066935 5985092 6288336 10582 10418 128066587 130407724 8168770 7585640 72086783 69544570 10954606 12372405 91210159 89502615 X 36856428 40905109 36856428 40905109 128066587 130407724 X 891218 3157463 X false true X true false 1195757 1195757 140207864 30336686 109871178 111066935 ACCUM. PROV.POST RETIREMENT BENEFITS 6159773 ASC 980 REGULATORY LIABILLITY 4200000 CONSUMER DEPOSITS 2012632 12372405 54077591 54077591 875000 875000 54952591 48720913 48720913 5340460 5340460 54061373 SCHEDULE D, PAGE 4, PART XI, LINE 4B ASC 980-REGULATED LIABILITY 875,000 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 5,340,460 X X X X false false false TERRY W MALLARD PRESIDENT & CEO 307387 15139 19058 101989 21103 464676 CARY JOHNSON VP-OPERATIONS 124974 8100 8060 43765 21146 206045 JOHN B FOWLER VP-MEMBER SERVICES 116330 7250 5073 39383 22065 190101 JEFFERY S HUMPHRIES VP-ECONOMIC DEVELOP 109188 6860 5788 36759 22021 180616 KENNY GRISWOLD VP-INFORMATION TECH 101921 6350 750 34714 21723 165458 JASON BRADLEY WAREHOUSE MANAGER 93747 6836 4046 31499 21900 158028 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 3,055 DONATED CAPITAL 207,922 PATRONAGE CAPITAL ALLOCATIONS 5,340,460 PATRONAGE CAPITAL RETIREMENTS -949,264 OTHER COMPREHENSIVE INCOME -569,710 ASC 980-REGULATED LIABILITY -875,000 TOTAL 3,157,463