AIKEN ELECTRIC COOPERATIVE INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: AIKEN ELECTRIC COOPERATIVE INC (EIN 57-0113065)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-11-08
IRS object ID: 202103129349303365
Schema version: 2020v4.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule C
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-11-08T12:08:11-08:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Aiken Electric Cooperative Inc	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2790 Wagener Road	AddressLine1Txt
City	Aiken	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29801	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	570113065	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Aiken Electric Cooperative Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	AIKE	BusinessNameControlTxt
Phone	8036496245	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 417	AddressLine1Txt
City	Aiken	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29802	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Gary L Stooksbury	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	8036496245	PhoneNum
Signature	2021-11-02	SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	Gary	PersonFirstNm
Person Last	Stooksbury	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd
Federated Assurance Level	FAL1	FederatedAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Gary L Stooksbury	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 417	AddressLine1Txt
City	Aiken	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29802	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$115,403,022	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	www.aikenco-op.org	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1938	FormationYr
Legal Domicile State	SC	LegalDomicileStateCd
Activity Or Mission	Aiken Electric Cooperative, Inc. will strive to provide reliable, competitively priced energy and other services that are desired by the membership.	ActivityOrMissionDesc
Voting Members Governing Body	10	VotingMembersGoverningBodyCnt
Voting Members Independent	10	VotingMembersIndependentCnt
Total Employee	161	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$117,637,425	PYProgramServiceRevenueAmt
CY Program Service Revenue	$111,827,384	CYProgramServiceRevenueAmt
PY Investment Income	$7,189,184	PYInvestmentIncomeAmt
CY Investment Income	$3,575,638	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$124,826,609	PYTotalRevenueAmt
CY Total Revenue	$115,403,022	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$9,527,155	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$6,041,037	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$787,363	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$765,252	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$114,512,091	PYOtherExpensesAmt
CY Other Expenses	$108,596,733	CYOtherExpensesAmt
PY Total Expenses	$124,826,609	PYTotalExpensesAmt
CY Total Expenses	$115,403,022	CYTotalExpensesAmt
PY Revenues Less Expenses	$0	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$0	CYRevenuesLessExpensesAmt
Total Assets BOY	$285,855,427	TotalAssetsBOYAmt
Total Assets EOY	$295,549,638	TotalAssetsEOYAmt
Total Liabilities BOY	$172,740,647	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$180,443,141	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$113,114,780	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$115,106,497	NetAssetsOrFundBalancesEOYAmt
Mission	Aiken Electric Cooperative, Inc. will strive to provide reliable, competitively priced energy and other services that are desired by the membership.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Desc	To provide the best possible electric service to all who desire it within the system's service area at the lowest price consistent with the highest standards of service.	Desc
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	Yes (true)	PoliticalCampaignActyInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	Yes (true)	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	false	TransactionWithControlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	37	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	161	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Members And Shr Gross Income	$110,847,406	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$4,217,732	OtherSourcesGrossIncomeAmt
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	10	GoverningBodyVotingMembersCnt
Independent Voting Member	10	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (true)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	April Collins	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8036496245	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2790 Wagener Road	AddressLine1Txt
City	Aiken	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29802	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
Scott Riddle
Trustee	7.00	Yes (X)	$39,360	$0	$0
O Frank Dorn
Trustee	12.00	Yes (X)	$33,140	$0	$0
Otis Dewitt Livingston
President	14.00	Yes (X)	$29,639	$0	$0	Yes (X)
Robert Curry
Vice President	12.00	Yes (X)	$23,031	$0	$0	Yes (X)
James E Stewart Jr
Trustee	7.00	Yes (X)	$21,041	$0	$0
Dana Moseley
Trustee	12.00	Yes (X)	$16,078	$0	$0
Wayne Furtick
Trustee	11.00	Yes (X)	$15,934	$0	$0
Charles Sanders Jr
Assistant Sec./Treasurer	6.00	Yes (X)	$15,477	$0	$0	Yes (X)
Vincent Furtick Jr
Trustee	13.00	Yes (X)	$15,255	$0	$0
Linda Bramlett
Secretary/Treasurer	11.00	Yes (X)	$12,884	$0	$0	Yes (X)
J Strom Thurmond Jr
Trustee	3.00	Yes (X)	$11,270	$0	$0
Gary L Stooksbury
CEO	50.00		$495,579	$0	$94,566	Yes (X)
Dan Garman
VP - Operations & Engineering	50.00		$194,037	$0	$153,719		Yes (X)
William Inman
VP-Customer & Strategic Services	45.00		$167,834	$0	$64,983		Yes (X)
April Collins
VP - Finance & Technology	45.00		$127,807	$0	$94,083		Yes (X)
Laurie Glenn
VP-Human Resources	50.00		$119,006	$0	$92,668		Yes (X)
Nicholas Stoker
Sr. Substation Tech	52.00		$116,311	$0	$54,539		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,453,683	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$554,558	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	19	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
Lewis Tree Company
PO Box 731897	Dallas	TX	75373	Right of way clearing	$2,200,912
Lee Electrical Construction Inc
PO Box 55	Aberdeen	NC	28315	Electrical Contractor	$1,723,996
McCall Thomas Engineering
PO Box 670	Orangeburg	SC	29116	Engineering Consultant	$447,564
B&B Heating & Cooling
3788 Whetsone RD	North	SC	29112	Home Efficiency Contractor	$183,030
Bobby McGuire dba GM Locating
1623 Brown Road	Hephzibah	GA	30815	Locating services	$173,119

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	7	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	ExclusionExclusionAmt
Electricity Sales	221000	$110,847,406	$0	$0
Pole Rental	221000	$190,128	$0	$0
Patronage Capital - Assoc	221000	$789,850	$0	$0

Field	Value	IRS element (for citing)
Total Program Service Revenue	$111,827,384	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,575,638	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$3,575,638	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$115,403,022	TotalRevenueColumnAmt
Related Or Exempt Func Income	$111,827,384	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$3,575,638	ExclusionAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$6,041,037	TotalAmt
Program Services	$6,041,037	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$744,798	TotalAmt
Program Services	$744,798	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$20,454	TotalAmt
Program Services	$20,454	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$405,816	TotalAmt
Program Services	$405,816	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$5,507,777	TotalAmt
Program Services	$5,507,777	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$9,145,616	TotalAmt
Program Services	$9,145,616	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
Administrative & General	$5,844,959	$5,844,959	$0	$0
Consumer Accounts & Consumer SVC	$4,146,144	$4,146,144	$0	$0
Distribution Maintenance & Operations	$14,329,110	$14,329,110	$0	$0
Purchased Power	$69,217,311	$69,217,311	$0	$0

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$115,403,022	TotalAmt
Program Services	$115,403,022	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$3,927,954	BOYAmt
EOY	$1,871,363	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$11,575,168	BOYAmt
EOY	$12,224,312	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$725,969	BOYAmt
EOY	$3,112,895	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$8,858,599	BOYAmt
EOY	$8,910,718	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$318,191,905	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$98,414,985	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$214,133,182	BOYAmt
EOY	$219,776,920	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$46,618,955	BOYAmt
EOY	$49,637,830	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$15,600	BOYAmt
EOY	$15,600	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$285,855,427	BOYAmt
EOY	$295,549,638	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$24,466,389	BOYAmt
EOY	$27,529,218	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$10,825,000	BOYAmt
EOY	$12,825,000	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$137,756,853	BOYAmt
EOY	$140,978,703	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	-$307,595	BOYAmt
EOY	-$889,780	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$172,740,647	BOYAmt
EOY	$180,443,141	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$362,321	BOYAmt
EOY	$370,677	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$112,752,459	BOYAmt
EOY	$114,735,820	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$113,114,780	BOYAmt
EOY	$115,106,497	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$285,855,427	BOYAmt
EOY	$295,549,638	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$0	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$1,991,717	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Political Expenditures	$3,000	PoliticalExpendituresAmt
Volunteer Hours	0	VolunteerHoursCnt
Expended527 Activities	$3,000	Expended527ActivitiesAmt
Internal Funds Contributed	$0	InternalFundsContributedAmt
Total Exempt Function Expend	$3,000	TotalExemptFunctionExpendAmt
Form1120 POL Filed	Yes (true)	Form1120POLFiledInd

Section527 Political Org Section527PoliticalOrgGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Paid Internal FundsPaidInternalFundsAmt	Contributions Rcvd DlvrContributionsRcvdDlvrAmt	EINEIN
Hutto for Senate
510 Gressette Bldg	Columbia	SC	29201	$1,000	$0
Bart Blackwell for House
416D Blatt Bldg	Columbia	SC	29201	$1,000	$0	811706992
Setzler for Senate
249 Congaree Park Dr	West Columbia	SC	29269	$1,000	$0	570810484

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Pt I-A Line 1	FormAndLineReferenceDesc
Explanation	Political Contributions detailed in Part 1-C	ExplanationTxt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$1,237,974	OtherCostOrOtherBasisAmt
Book Value	$1,237,974	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$11,317,179	OtherCostOrOtherBasisAmt
Depreciation	$4,729,627	DepreciationAmt
Book Value	$6,587,552	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$305,636,752	OtherCostOrOtherBasisAmt
Depreciation	$93,685,358	DepreciationAmt
Book Value	$211,951,394	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$219,776,920	TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
Patronage Capital from Assoc Orgs	$9,235,213	C
Term Certificates	$1,306,694	C
Homestead Investments- Year end value	$39,032,326	F
Other Investments	$63,597	C

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$49,637,830	TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
Accumulated Provision Post Retirement	-$4,620,133
Consumer Deposits	$3,730,353

Field	Value	IRS element (for citing)
Total Liability	-$889,780	TotalLiabilityAmt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (true)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Gary L Stooksbury
$364,108	$0	$2,600	$0	$128,874	$0	$59,328	$0	$35,237	$0	$590,147	$0	$0	$0
Dan Garman
$177,827	$0	$2,600	$0	$13,610	$0	$122,458	$0	$31,262	$0	$347,757	$0	$0	$0
William Inman
$152,134	$0	$2,600	$0	$13,101	$0	$34,745	$0	$30,238	$0	$232,818	$0	$0	$0
April Collins
$124,636	$0	$2,600	$0	$571	$0	$64,671	$0	$29,412	$0	$221,890	$0	$0	$0
Laurie Glenn
$115,631	$0	$2,600	$0	$776	$0	$77,863	$0	$14,805	$0	$211,675	$0	$0	$0
Nicholas Stoker
$112,997	$0	$3,000	$0	$314	$0	$27,457	$0	$27,082	$0	$170,850	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Pt I Line 4b	FormAndLineReferenceDesc
Explanation	Gary L Stooksbury receives an IRS required distribution from his pension restoration plan. This amount, $104,398.16, is included in taxable income.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Pt VI, Line 6	The Cooperative has members as provided in its bylaws which are included as a part of this return.
Pt 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.
Pt VI, Line 7b	Certain decisions of the governeing body are subject to approval by members as provided in its bylaws which are included as a part of this return.
Pt VI, Line 11b	Form 990 is reviewed by the Board with all supporting documentation made available to them.
Pt VI, Line 12c	The Cooperative regularly and cosistently 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.
Pt VI, Line 15a	Compensation for the CEO is reviewed and approved through the use of a compensation survey and a performance review conducted by a compensation committee which is then approved by the member-elected board.
Pt 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 as reflected in Part VI Section C Line 18.
Pt XI	See supporting schedule for the change in Net Assets
Pt VI, Line 15b	Compensation for key employees is reviewed and approved through the use of a compensation survey and a performance review conducted by a compensation comittee which is then approved by the member-elected board.