2022-11-03T11:11:09-04:00 2021-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2021-01-01 570223728 PEE DEE ELECTRIC COOPERATIVE INC PEED 8436654070 PO BOX 491 DARLINGTON SC 29540 WILLIAM L FLEMING JR CEO,EMP MPD(MGT CO) 8436654070 2022-11-02 true WILLIAM FLEMING 999009999 J RANDOLPH NICHOLS P00347246 4787466277 2022-11-03 2021 2022-09-23 18:48:47Z WILLIAM L FLEMING JR PO BOX 941 DARLINGTON SC 29540 94464000 false X PEEDEEELECTRIC.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. 10 10 80 0 0 82209553 91886542 727431 892543 -344175 1684915 82592809 94464000 0 6136091 11608167 229260 257651 0 0 76227458 80913267 82592809 92779085 1684915 173569454 181919242 92027052 83697800 81542402 98221442 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 HIGHEST STANDARDS OF SERVICE. 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 false false false false false false false true false false true true false false true false false false false false false false false false false false false false false false false false false false false false false false true true true false true 116 0 true 80 true false false false false false 91004313 986609 false false false X 10 10 false false false false true true true true true false false true true true true true true true true false SC X PEE DEE ELECTRIC COOPERATIVE 8436654070 PO BOX 491 DARLINGTON SC 29540 JAMES A GOODSON JR CHAIRMAN 10.00 X X 21744 0 0 PRESTON GAINEY VICE CHAIR ( 10.00 X X 21920 0 0 FREDERICK LASHON SELLERS VICE CHAIR ( 10.00 X X 21920 0 0 PATRICIA THOMAS-TONEY SEC./TREAS 10.00 X X 27792 0 0 DAVID HOWELL TRUSTEE 10.00 X 33616 0 0 ROBERT NORTON TRUSTEE 10.00 X 21920 0 0 HAMER PARNELL TRUSTEE 10.00 X 21744 0 0 WILLIAM F ROGERS JR TRUSTEE 10.00 X 22444 0 0 DON TEAL TRUSTEE 10.00 X 21815 0 0 LEE WHITE TRUSTEE 10.00 X 42736 0 0 WILLIAM L FLEMING JR CEO,EMP MPD( 50.00 X 0 0 0 257651 false false false MPD CORPORATION INC PO BOX 1057 BENNETTSVILLE SC 29512 MNGT & DIST SER 14773194 SOUTHEASTERN LIMB AND TREE 465 FORDVILLE RD RIDGELAND SC 29936 TREE TRIMMING 2230741 SERVICE ELECTRIC COMPANY 560 LAKE MIRROR ROAD ATLANTA GA 30349 SUBSTATION CON. 1051816 ASPLUNDH 351 ORCHARD CIRCLE CHARLOTTE NC 28217 TREE TRIMMING 947296 LEE ELECTRICAL CONSTRUCTION 12828 HIGHWAY 15-501 SOUTH ABERDEEN NC 28315 CONSTRUCTION 556970 6 ELECTRIC REVENUE 221000 91004313 91004313 PATRONAGE CAPITAL CREDITS 221000 476222 476222 POLE RENTAL 221000 278826 278826 MISCELLANEOUS REVENUE 221000 127181 127181 91886542 892543 892543 SUBSIDIARY INCOME 1684915 1684915 1684915 94464000 91607716 2856284 11608167 257651 1819487 6162140 PURCHASED POWER 53224843 DISTRIBUTION MAINTENANCE 5693778 ADMIN. & GENERAL EXP. 5056302 DISTRIBUTION OPERATIONS 4977708 3979009 92779085 0 0 0 93247 2684798 25622546 16567476 10398983 15122734 2595398 1478544 1485916 1889174 2708612 231288 203171304 89622505 110023730 113548799 3121222 4806137 8280887 8630349 9238913 16959943 173569454 181919242 9985068 7037780 78809036 72637991 3232948 4022029 92027052 83697800 X 132605 127750 81409797 98093692 81542402 98221442 173569454 181919242 X 1684915 14994125 X false true X true false 777227 777227 9660917 6560379 3100538 192733160 83062126 109671034 113548799 POST RET. BENEFIT OTHER THAN PENSION 16959943 16959943 CONSUMER DEPOSITS 2118340 REGULATORY LIABILITES - ASC 980 1500000 DEFERRED CREDITS 403689 4022029 94464000 94464000 94464000 81170918 81170918 11608167 11608167 92779085 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 11,608,167 FORM 990, PAGE 2, PART III, LINE 4D 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. FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN 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 FELLOW 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 PRESIDENT AND CEO IS PAID BY THE MPD, INC., THE COOPERATIVE THAT PROVIDES MANAGEMENT SERVICES. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR OTHER KEY EMPLOYEES IS PAID BY CONTRACTUAL AGREEMENTS WITH OTHER ENTITIES THAT ARE NOT CONSIDERED RELATED ORGANIZATIONS. THESE SALARIES ARE REVIEWED AND APPROVED BY THE PRESIDENT AND CEO WITHIN THE LIMITATIONS OF THE WAGE AND SALARY PLAN AND POLICY AND BUDGET APPROVED BY THE MEMBER-ELECTED BOARD. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST ALONG WITH ITS 990 AS REFLECTED IN PART VI SECTION C LINE 18. FORM 990, PART XI, LINE 9 OTHER EQUITIES 46,705 MEMBERSHIP FEES -4,855 OTHER COMPREHENSIVE INCOME 6,925,626 PATRONAGE CAPITAL CREDITS 11,608,167 PATRONAGE CAPITAL RETIREMENTS -3,581,518 TOTAL 14,994,125 PEE DEE ELECTRICOM INC PO BOX 491 DARLINGTON SC 29540 570787138 LAND INVES SC PEE DEE EC C CORP 1684915 14534135 1.00000 true false false false false false false false false false false false false false false false true false false false PEE DEE ELECTRICOM INC P 1712529 COST