2022-10-31T11:15:27-04:00 2021-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2021-01-01 570113065 AIKEN ELECTRIC COOPERATIVE INC AIKE 8036496245 PO BOX 417 AIKEN SC 29802 GARY L STOOKSBURY CEO 8038618300 2022-10-31 true GARY STOOKSBURY XXX-XX-XXXX H TERRELL MCMICHAEL JR P01259982 4787466277 2022-10-31 2021 2022-09-23 18:48:47Z ATTN APRIL COLLINS GARY L STOOKSBURY PO BOX 417 AIKEN SC 29802 117100131 false X WWW.AIKENCO-OP.ORG X 1938 SC AIKEN ELECTRIC COOPERATIVE, INC. WILL STRIVE TO PROVIDE RELIABLE, COMPETITIVELY PRICED ENERGY AND OTHER SERVICES THAT ARE DESIRED BY THE MEMBERSHIP. 10 10 164 0 0 111827384 113393876 3575638 3903745 -197490 115403022 117100131 0 6041037 6476636 765252 862569 0 0 108596733 109958416 115403022 117297621 -197490 295549638 337192184 167618141 196115458 127931497 141076726 AIKEN ELECTRIC COOPERATIVE, INC. WILL STRIVE TO PROVIDE RELIABLE, COMPETITIVELY PRICED ENERGY AND OTHER SERVICES THAT ARE DESIRED BY THE MEMBERSHIP. false false 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 false true true true false true 50 0 true 164 true false false false false false 111899234 4035030 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 APRIL COLLINS 8036496245 2790 WAGENER ROAD AIKEN SC 29802 X OTIS DEWITT LIVINGSTON PRESIDENT 8.00 1.00 X X 21095 1500 0 ROBERT CURRY VICE PRESIDE 9.00 1.00 X X 25199 1500 0 LINDA BRAMLETT SECRETARY/TR 8.00 1.00 X X 14884 1500 0 CHARLES SANDERS JR ASSISTANT SE 5.00 1.00 X X 17977 1500 0 J STROM THURMOND JR TRUSTEE 3.00 1.00 X 14770 1550 0 O FRANK DORN TRUSTEE 9.00 1.00 X 33202 1500 0 VINCENT FURTICK JR TRUSTEE 3.00 1.00 X 43393 1500 0 DANA MOSELEY TRUSTEE 9.00 1.00 X 18578 1500 0 JAMES E STEWART JR TRUSTEE 7.00 1.00 X 23567 1500 0 SCOTT RIDDLE TRUSTEE 4.00 1.00 X 40360 1500 0 THEO R WILLIAMS FORMER TRUST 0.00 X 10467 0 0 WAYNE FURTICK FORMER TRUST 0.00 X 10812 0 0 GARY L STOOKSBURY CEO 50.00 X 574107 0 35437 DAN GARMAN VP ENGINEERI 55.00 X 208426 0 179256 WILLIAM INMAN VP STRATEGIC 45.00 X 176583 0 97788 APRIL COLLINS VP FINANCE A 45.00 X 134749 0 119282 NICHOLAS STOKER SR. SUBSTATI 54.00 X 132735 0 63768 LAURIE GLENN VP HR 50.00 X 132531 0 132922 1633435 15050 628453 22 true true false MCCALL THOMAS ENGINEERING PO BOX 670 ORANGEBURG SC 29116 CONT/CONSULTING 9238477 THE DAVEY TREE EXPERT CO 6925 GILLELAND LN NW ATLANTA GA 30360 ROW 1456115 LEE ELECTRICAL CONSTRUCTION INC PO BOX 55 ABERDEEN NC 28315 CONTRACTOR 1416859 LEWIS TREE SERVICE INC PO BOX 731897 DALLAS TX 75373 ROW 1236284 RIGHT WAY TREE EXPERTS LLC P O BOX 191 SUMMERTON SC 29148 ROW 598000 11 ELECTRIC REVENUE 221000 111899234 111899234 OTHER CAPITAL CREDITS 221000 1304934 1304934 POLE RENTAL 221000 189708 189708 113393876 3903745 3903745 EQUITY IN EARNINGS OF AECONNE -197490 -197490 -197490 117100131 113006678 4093453 6476636 862569 4830004 9465284 PURCHASED POWER 69630798 DISTRIBUTION MAINTENANCE 8299144 DISTRIBUTION OPERATIONS 7631922 ADMIN. & GENERAL EXP. 5140063 4961201 117297621 0 0 0 1871363 945878 12224312 10849342 3112895 12126894 8910718 593873 344325229 106093843 219776920 238231386 49637830 58965202 15600 15479609 295549638 337192184 27529218 17401069 140978703 173684443 -889780 5029946 167618141 196115458 X 370677 380696 127560820 140696030 127931497 141076726 295549638 337192184 X -197490 13342719 X false true X true false 1750 true SCHEDULE C, PART IV MCMASTER FOR GOVERNOR - 1,750 1268408 1268408 343056821 106093843 236962978 238231386 HOMESTEAD FUNDS 47732199 F ASSOCIATED ORGANIZATIONS 10115913 C CFC MEMBER CAPITAL SECURITIES 1306694 F OTHER -189604 C 58965202 CONSUMER DEPOSITS 4100546 DEFERRED COMPENSATION 929400 5029946 SCHEDULE D, PAGE 4, PART XIII AIKEN ECI'S FISCAL YEAR END IS MAY 31ST. AIKEN ECI'S FINANCIAL STATEMENTS WERE AUDITED AT MAY 31ST, 2022 AND 2021. X X X X X false true false THEO R WILLIAMS FORMER TRUSTEE 10467 10467 WAYNE FURTICK FORMER TRUSTEE 10812 10812 GARY L STOOKSBURY CEO 375231 3200 195676 11600 23837 609544 DAN GARMAN VP ENGINEERING 190413 3200 14813 155419 23837 387682 WILLIAM INMAN VP STRATEGIC SERVICE 159194 3200 14189 73951 23837 274371 APRIL COLLINS VP FINANCE AND TECH 130928 3200 621 95445 23837 254031 NICHOLAS STOKER SR. SUBSTATION TECH 128696 3700 339 39931 23837 196503 LAURIE GLENN VP HR 128462 3200 869 122846 10076 265453 SCHEDULE J, PAGE 1, PART I, LINE 4 GARY L. STOOKSBURY 0 170,981 0 SCHEDULE J, PART III THE AMOUNTS REPORTED IN THIS COLUMN INCLUDE AMOUNTS PAID OUT UNDER A NON- QUALIFIED DEFERRED COMPENSATION PLAN (NQDC PLAN). THE PURPOSE OF THE PLAN IS TO MAKE WHOLE CERTAIN MEMBERS OF MANAGEMENT WHOSE ACCRUED BENEFIT UNDER THE NRECA R&S PENSION PLAN WAS LIMITED BY THE INTERNAL REVENUE CODE. DISTRIBUTIONS FROM THE NQDC PLAN ARE PROCESSED THROUGH THE CORPORATION'S PAYROLL SYSTEM AND INCLUDED IN REPORTABLE COMPENSATION. A CREDIT IS RECEIVED FROM NRECA FOR AMOUNTS THE CORPORATION PAID TO PARTICIPANT. 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 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 AS PROVIDED FOR IN THE COOPRATIVE'S POLICY WHICH IS INCLUDED AS PART OF THIS RETURN. 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 AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED AS PROVIDED IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS PART OF THIS RETURN. 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 VII SOUTH CAROLINA STATE LAW (SECTION 33-49-615) REQUIRES SOUTH CAROLINA ELECTRIC COOPERATIVES TO MAKE SPECIFIC COMPENSATION DISCLOSURES AVAILABLE TO THE PUBLIC. THESE DISCLOSURES ARE IN EXCESS OF THE COMPENSATION DISCLOSURES REQUIRED BY FORM 990. THE CORPORATION WILL MAKE THE DISCLOSURES REQUIRED BY STATE LAW AVAILABLE TO THE PUBLIC ON OR BEFORE MAY 15, 2022. FORM 990, PART XI, LINE 9 DONATED CAPITAL 1,380,265 OTHER COMPREHENSIVE INCOME 7,332,380 BENEFITS PAID TO MEMBER CAPITAL ACCOUNTS 6,477,092 WPCA OVER/UNDER RECOVERY 2,500,000 CHANGE IN MEMBERSHIPS 10,019 CAPITAL CREDIT GAINS -167,575 CAPITAL CREDITS - RETIRED -4,189,462 TOTAL 13,342,719 AECONNECT INC PO BOX 417 AIKEN SC 29802 853746466 BROADBAND SC N/A false false false false true false false false false false false false false false false true false true false false AECONNECT INC D 1000000 COST AECONNECTINC O 112334 COST AECONNECT INC Q 138782 COST SCHEDULE R AECONNECT, INC. IS A WHOLLY OWNED SUBSIDIARY OF AIKEN ECI. AECONNECT, INC. IS A PROVIDER OF RETAIL BROADBAND SERVICES. ALLOCATED COSTS BETWEEN AIKEN ECI AND AECONNECT, INC. HAVE BEEN REPORTED IN ACCORDANCE WITH THE BOARD APPROVED COSTS ALLOCATION POLICIES. AIKEN ECI REPORTS SHARED PAID EMPLOYEES AND HAS MADE ALL REQUIRED PAYROLL FILINGS FOR THE TAX YEAR COVERED BY THIS RETURN.