2021-05-18T08:05:42-05:00 2020-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2020-01-01 570158355 EDISTO ELECTRIC COOPERATIVE INC EDIS 8032455141 PO BOX 547 BAMBERG SC 29003 DAVID E FELKEL PRESIDENT & CEO 8032455141 2021-05-17 DAVID FELKEL XXX-XX-XXXX JASON A PEACOCK P00978537 4787466277 2021-05-18 2020 2022-09-23 18:48:47Z DAVID E FELKEL PO BOX 547 BAMBERG SC 29003 49994273 false X 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 78 0 0 50493286 49763304 187514 230969 0 50680800 49994273 0 2289315 2737471 605750 661447 0 0 47785735 46595355 50680800 49994273 0 109485919 121010850 76952046 87804119 32533873 33206731 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. 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 35 0 true 78 true false false false false false 49143943 707763 false false false X 10 10 false false false false true true true true true false false true true true true true false true true false SC X EDISTO ELECTRIC COOPERATIVE 8032455141 PO BOX 547 BAMBERG SC 29003 DAVID E FELKEL PRESIDENT & 50.00 X 267743 0 129899 RICHARD C STEPHENSON VP OF FINANC 40.00 X 132927 0 91968 LAWRENCE C SMOAK III VP OF OPERAT 40.00 X 129447 0 71107 DANIEL C EUBANKS VP OF ENGINE 40.00 X 116489 0 61067 JENNIFER H JOHNSTON VP OF HUMAN 40.00 X 116551 0 52029 BRIAN C HEFNER VP OF MEMBER 40.00 X 102021 0 60039 MICHAEL T HOLLINGSWORTH TRUSTEE 2.00 X 32514 0 0 ERVIN M MATHIAS III TRUSTEE 2.00 X 31148 0 0 CHRISTOPHER P SANDIFER TRUSTEE 2.00 X 31131 0 0 JACK G VALLENTINE III SEC/TREAS 3.00 X X 30996 0 0 STANLEY M FUNCHESS TRUSTEE 2.00 X 30848 0 0 DOUGLAS A REEVES CHAIRMAN 4.00 X X 30788 0 0 F PICKENS WILLIAMS TRUSTEE 2.00 X 30556 0 0 ORDIE C BROWN VICE CHAIRMA 3.00 X X 19536 0 0 MARY F NIMMONS TRUSTEE 2.00 X 18663 0 0 R WAYNE WELCH TRUSTEE 2.00 X 7625 0 0 1128983 466109 6 false true false BROTHERS TREE COMPANY 1317 MAIN HIGHWAY BAMBERG SC 29003 RIGHT OF WAY 1246717 LEE ELECTRICAL CONSTRUCTION 12828 US-501 ABERDEEN NC 28315 CONSTRUCTION 434365 HOOD CONSTRUCTION COMPANY 1050 SHOP ROAD SUITE A COLUMBIA SC 29201 CONSTRUCTION 359375 SUMTER UTILITIES INC 1151 N PIKE W SUMTER SC 29153 CONSTRUCTION 170660 MASTER-TEK UTILITY 2366 S PINE ST SPARTANBURG SC 29302 CONSTRUCTION 108783 5 ELECTRIC SERVICE REVENUE 48595254 48595254 OTHER REVENUE 923013 923013 CAPITAL CREDITS 206955 206955 POLE RENTAL 38082 38082 49763304 230969 230969 49994273 49725222 269051 2737471 661447 272810 2027756 3917167 PURCHASED POWER 26511250 DISTRIBUTION MAINTENANCE 4313014 DISTRIBUTION OPERATIONS 3818355 ADMIN. & GENERAL EXP. 2833599 2901404 49994273 0 0 0 1265392 1624871 13098562 23718566 6122231 6817378 937591 939598 63416 49937 132205331 48976276 83522192 83229055 4449701 4586708 26834 44737 109485919 121010850 5770831 6366186 1151686 1143015 59164207 68285700 10865322 12009218 76952046 87804119 X 79486 80536 32454387 33126195 32533873 33206731 109485919 121010850 X 0 672858 X false true X true false 964834 964834 131240497 48976276 82264221 83229055 ACCUM. PROV. POSTRETIREMENT BENEFIT 9138849 CONSUMER DEPOSITS 1865172 DEFERRED CREDITS 1005197 12009218 49994273 49994273 49994273 47256802 47256802 2737471 2737471 49994273 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 2,737,471 X X X false false false DAVID E FELKEL PRESIDENT & CEO 267743 102775 27124 397642 RICHARD C STEPHENSON VP OF FINANCE 132927 65903 26065 224895 LAWRENCE C SMOAK III VP OF OPERATIONS 129447 45403 25704 200554 DANIEL C EUBANKS VP OF ENGINEERING 116489 35389 25678 177556 JENNIFER H JOHNSTON VP OF HUMAN RESOURCE 116551 37472 14557 168580 BRIAN C HEFNER VP OF MEMBER SERVICE 102021 34303 25736 162060 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 COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD. 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 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 PERFORMANCE REVIEW CONDUCTED 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 MEMBERSHIPS 1,050 PATRONAGE CAPITAL CREDITS 2,737,471 CAPITAL CREDIT RETIREMENTS -684,296 POSTRETIREMENT BENEFITS -1,381,367 TOTAL 672,858