2025-08-25T16:20:52-04:00 2024-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2024-01-01 570210417 MID-CAROLINA ELECTRIC COOPERATIVE ATTN THERESA CREPES MID- 8037496468 PO BOX 669 LEXINGTON SC 29071 B ROBERT PAULLING PRESIDENT & CEO 8037496468 2025-08-25 true true H TERRELL MCMICHAEL JR P01259982 4787466277 2025-08-25 2024 2025-03-06 01:10:19Z B ROBERT PAULLING PO BOX 669 LEXINGTON SC 29071 157771134 false X X 1940 SC WE DELIVER RELIABLE, COST EFFICIENT UTILITIES AND INNOVATIVE SOLUTIONS TO OUR MEMBERS. 9 9 176 0 0 144745717 157555224 83922 215910 0 144829639 157771134 0 10257150 9628409 944238 814288 0 0 133628251 147328437 144829639 157771134 0 368946763 403878706 283325577 312771753 85621186 91106953 WE DELIVER RELIABLE, COST EFFICIENT UTILITIES AND INNOVATIVE SOLUTIONS TO OUR MEMBERS. false false N/A false false true 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 true false false true 56 0 true 176 true false false false false false 149692603 6388597 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 MID-CAROLINA ECI 8037496468 PO BOX 669 LEXINGTON SC 29071 MARVIN SOX CHAIRMAN 4.22 X X 26824 0 0 ALAN LUNSFORD VICE CHAIRMA 3.52 X X 14669 0 0 CLIFFORD SHEALY TRUSTEE-RET. 2.57 X 10193 0 0 J ALLAN RISINGER TREASURER 3.66 X X 13169 0 0 DONETTE KIRKLAND SECRETARY 4.47 X X 31485 0 0 CAREY BEDENBAUGH TRUSTEE 3.46 X 14756 0 0 JUSTIN WATTS TRUSTEE 2.85 X 38563 0 0 EDDIE BEST TRUSTEE 2.54 X 13669 0 0 KENNETH LINDLER TRUSTEE 2.11 X 8669 0 0 MARK SVRCEK TRUSTEE 2.55 X 10519 0 0 B ROBERT PAULLING PRESIDENT & 50.00 X 446056 0 185717 THERESA CREPES CFO 50.00 X 283142 0 137349 TROY SIMPSON VP - MEMBER 50.00 X 254533 0 137859 BOBBY WILBUR VP - OPERATI 50.00 X 226466 0 134317 STEVE DAVIDSON VP- INFORMAT 50.00 X 188673 0 117748 LEE AYERS VP - ENGINEE 50.00 X 281122 0 42635 1862508 755625 52 false true false JACKSONS GLOBAL SOLUTIONS LLC 403 FURYS FERRY RD MARTINEZ GA 30907 FIBER 776850 DRG TECHNICAL SOLUTIONS 1625 N AIRWAY DRIVE BATON ROUGE LA 70815 CONSULTING 269016 RIGHT WAY TREE EXPERTS LLC 8377 WASH DAVIS RD SUMMERTON SC 29148 RIGHT OF WAY 200459 MICHAEL BRANDON STACY 103 ELM STREET LEXINGTON SC 29072 ENGINEERING 130000 4 ELECTRIC REVENUE 221000 155427717 155427717 CAPITAL CREDITS 221000 1869624 1869624 POLE RENTAL 221000 257883 257883 157555224 215910 215910 157771134 157297341 473793 9628409 814288 533341 12972110 11248697 PURCHASED POWER 86332730 DISTRIBUTION MAINTENANCE 18721110 CONSUMER ACCOUNTS 5186420 ADMIN. & GENERAL EXP. 4768133 7565896 157771134 0 0 0 4038422 3092243 16268953 18186390 3161975 3031931 13543116 23512833 453259875 113308204 317258046 339951671 14659146 16086533 17105 17105 368946763 403878706 18775599 23709469 255115671 276680772 9434307 12381512 283325577 312771753 X 750210 759655 84870976 90347298 85621186 91106953 368946763 403878706 X 0 5485767 X false true X true false 1500 1500 1500 true TODD RUTHERFORD FOR HOUSE 1315 BLANDING STREET COLUMBIA SC 29201 250 CHRIS WOOTEN FOR HOUSE 5347-B SUNSET BLVD LEXINGTON SC 29072 250 MICAH CASKEY FOR HOUSE 2811 DALEWOOD DR WEST COLUMBIA SC 29170 250 SETH ROSE FOR HOUSE 1528 BLANDING ST COLUMBIA SC 29201 250 RUSSELL OTT FOR SENATE 135 OTT FARM TRAIL ST MATTHEWS SC 29135 500 SCHEDULE C, PART I-A, LINE 1 POLITICAL CONTRIBUTIONS DETAILED IN PART I-C. 836107 836107 10617251 6342012 4275239 441806517 106966192 334840325 339951671 DEFERRED CREDITS 8587333 CAPITAL LEASE OBLIGATION 2690147 CONSUMER DEPOSITS 1096119 ACCUM PROVISION FOR PENSION AND BENE 699133 FLEXIBLE REIMBURSEMENT 7913 DEFERRED REVENUE -699133 12381512 157771134 157771134 157771134 148142725 148142725 9628409 9628409 157771134 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS - ASSIGNED 9,628,409 X X X false false false B ROBERT PAULLING PRESIDENT & CEO 433817 1400 10839 161391 24326 631773 THERESA CREPES CFO 251656 1400 30086 123924 13425 420491 TROY SIMPSON VP - MEMBER SERVICES 220582 1400 32551 108025 29834 392392 BOBBY WILBUR VP - OPERATIONS 216322 1400 8744 105742 28575 360783 STEVE DAVIDSON VP- INFORMATION TECH 184909 1400 2364 89191 28557 306421 LEE AYERS VP - ENGINEERING 262608 8335 10179 30389 12246 323757 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 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 THS 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 A PERFORMANCE REVIEW CONDUCTED BY A COMPENSATION COMMITTEE WHICH IS THEN APPROVED 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 WAGE AND SALARY PLAN ADMINISTERED BY THE CEO AND 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 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 DONATED CAPITAL 174,506 MEMBERSHIP FEES 9,445 PATRONAGE CAPITAL CREDITS - ASSIGNED 9,628,409 OTHER COMPREHENSIVE INCOME -370,800 PATRONAGE CAPITAL CREDITS RETIRED -3,955,793 TOTAL 5,485,767 CAROLINACONNECT COOPERATIVE INC PO BOX 1667 LEXINGTON SC 29071 811529390 BROADBAND SC 501C12 N/A false MID-CAROLINA ELECTRIC TRUST INC PO BOX 669 LEXINGTON SC 290710669 571000504 CHARITY SC 3 7 NA false false false false false false false false false false true false false false false true false true false false CAROLINACONNECT COOPERATIVE INC Q 5513797 ACCESS AGREEMENT CAROLINACONNECT COOPERATIVE INC D 19983480 LOAN GUARANTEE AGREEMENTS MID-CAROLINA ELECTRIC TRUST INC O 15894 FMV SCHEDULE R THE CORPORATION'S MEMBERS CAN PARTICIPATE IN AN OPERATION ROUNDUP PROGRAM AND HAVE THEIR ELECTRIC NILL ROUNDED TO THE NEXT HIGHEST WHOLE DOLLAR EACH MONTH. THESE FUNDS ARE TREATED AS CONTRIBUTIONS TO MID-CAROLINA ELECTRIC TRUST, INC. (THE TRUST), A NONPROFIT 501(C)(3) ORGANIZATION. THE TRUST MAINTAINS A SEPARATE BOARD OF DIRECTORS WHICH APPROVES CHARITABLE ASSISTANCE TO THE AREAS SERVED BY MID-CAROLINA ELECTRIC COOPERATIVE. THE TRUST HAS NO EMPLOYEES. THE TRANSACTIONS BETWEEN THE CORPORATION AND THE TRUST REPORTED ON SCHEDULE R, PART V REPRESENT THE VALUE OF THE SERVICES DONATED BY THE CORPORATION TO THE TRUST.