2019-11-01T07:35:36-05:00 2018-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2018-01-01 570184136 HORRY ELECTRIC COOPERATIVE INC HORR 8433692211 PO BOX 119 CONWAY SC 29528 DANIEL B SHELLEY CEO 8433696353 2019-10-31 true JASON A PEACOCK P00978537 4787466277 2019-11-01 98.175.202.218 2019-11-01 07:35:36 CD P BE799C77261EE06AB1BFE677EC220712838153C6 165CA17AB532D5519A9F26DF7B7031333B36404A 2018 2020-01-14 16:20:31Z DANIEL B SHELLEY 180090688 false X X 1940 SC HORRY ELECTRIC COOPERATIVE, INC. IS A NON-PROFIT, MEMBER-OWNED ORGANIZATION PROVIDING INFORMATION AND ENERGY-RELATED SERVICES ON A FAIR AND EQUITABLE BASIS. 9 9 176 0 1233 0 162258979 174835120 4730764 5255568 0 166989743 180090688 0 17946816 20825412 812208 1131603 0 0 148230719 158133673 166989743 180090688 0 314967691 318634805 178121522 175922004 136846169 142712801 HORRY ELECTRIC COOPERATIVE, INC. IS A NON-PROFIT, MEMBER-OWNED ORGANIZATION PROVIDING INFORMATION AND ENERGY-RELATED SERVICES ON A FAIR AND EQUITABLE BASIS. false false HORRY ELECTRIC COOPERATIVE, INC. IS A NON-PROFIT, MEMBER-OWNED ORGANIZATION PROVIDING INFORMATION AND ENERGY-RELATED SERVICES ON A FAIR AND EQUITABLE BASIS. 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 false false false true 41 0 true 176 true false false false false false 161975971 6352375 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 DANNY SHELLEY 8433692211 2774 CULTRA ROAD CONWAY SC 29526 FREDDY THOMPKINS TRUSTEE 11.62 X 46380 0 0 HENRY W BOYD TRUSTEE 9.30 X 41970 0 0 FRANKIE BLANTON SR TRUSTEE 9.92 X 41935 0 0 EUGENE HARRIOTT JR VICE PRESIDE 12.77 X X 30668 0 0 JOHNNY SHELLEY PRESIDENT 12.54 X X 27260 0 0 ELAINE GORE TRUSTEE 10.23 X 26164 0 0 CLYDE ASHLEY ANDERSON SEC/TREASURE 10.15 X X 25866 0 0 RONALD H FLOYD TRUSTEE 11.00 X 19335 0 0 BOBBY E JORDAN TRUSTEE 10.38 X 17833 0 0 JAMES P HOWLE CEO 50.00 X 712763 0 141429 DANIEL B SHELLEY CFO/ASSISTAN 50.00 X 192375 0 104868 JOHNNY R COOPER MANAGER-ENGI 50.00 X 177391 0 99005 PENELOPE HINSON MGR-PUBLIC R 50.00 X 170555 0 71874 CHRISTOPHER TEEMS MGR-SPECIAL 50.00 X 147985 0 87496 KEVIN JORDAN SUPVR ENGINE 50.00 X 134640 0 80151 1813120 584823 25 false true false LEE ELECTRIC CONSTRUCTION INC 5211 MAIN ST 504 SOUTH BRUNSWICK NC 28470 CONVERSION 1626297 POWER LINE CLEARING COMPANY INC 390 LAKEWOOD DR SUMTER SC 29150 ROW CLEARING 1168206 SUMTER UTILITIES INC 1151 N PIKE W SUMTER SC 29150 BUILDING 851336 INFRATECH CORPORATION INC 4365 HEADQUARTERS RD NORTH CHARLESTON SC 29405 BORING 639570 LEWIS TREE SERVICE 3034 STATE RD S-15-233 WALTERBORO SC 29488 ROW CLEARING 547630 9 ELECTRIC REVENUE 221000 173121000 173121000 CAPITAL CREDITS ASSOC. 221000 1547036 1547036 POLE RENTAL 221000 167084 167084 174835120 5255568 5255568 180090688 174835120 5255568 20825412 1131603 657936 8686848 10691726 PURCHASE POWER 105567811 DISTRIBUTION OPERATIONS 11205132 CUSTOMER SVS & INFO EXP 7901933 DISTRIBUTION MAINTENANCE 7491953 5930334 180090688 0 0 0 35579015 31709538 8428481 8393172 3771407 5101787 5711952 6821152 362580384 109322093 250288408 253258291 11176454 13339116 11974 11749 314967691 318634805 28177532 37259724 143273905 128400077 6670085 10262203 178121522 175922004 X 319285 327715 4569926 5044380 131956958 137340706 136846169 142712801 314967691 318634805 X 0 5866632 X false true X true false 1000 true SCHEDULE C, PART I-A, LINE 1 MCMASTER FOR GOVERNOR 5117866 5117866 357462518 109322093 248140425 253258291 ACCUM PROV FOR PENSION & BENEFITS 5465530 CONSUMER DEPOSITS 4796673 10262203 168863688 168863688 11227000 11227000 180090688 159265276 159265276 20825412 20825412 180090688 SCHEDULE D, PAGE 4, PART XI, LINE 4B DEFERRED REVENUE RECOGNITION -618,000 DEFERRED REVENUE 11,845,000 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 20,825,412 X X X X false false false JAMES P HOWLE CEO 300196 127299 285268 104992 36437 854192 DANIEL B SHELLEY CFO/ASSISTANT CEO 177159 507 14709 65411 39457 297243 JOHNNY R COOPER MANAGER-ENGINEERING 167959 507 8925 60939 38066 276396 PENELOPE HINSON MGR-PUBLIC RELATIONS 159302 507 10746 55664 16210 242429 CHRISTOPHER TEEMS MGR-SPECIAL SERVICES 139795 507 7683 50588 36908 235481 KEVIN JORDAN SUPVR ENGINEER 127412 541 6687 45982 34169 214791 FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE AVAILABLE ON THE COOPERATIVE'S WEBSITE. 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 AVAILABLE ON THE COOPERATIVE'S WEBSITE. 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 COMPENSATION SURVEY AND PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE MEMBER-ELECTED BOARD THROUGH THE USE OF A COMPENSATION SURVEY AND PERFORMANCE REVIEW CONDUCTED BY THE CEO. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE MAKES CONFLICT OF INTEREST POLICY, AND FINANCIAL INFORMATION 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. IN ADDITION, THE COOPERATIVE'S BYLAWS ARE AVAILABLE ON ITS WEBSITE. FORM 990, PART XI, LINE 9 MEMBERSHIPS 8,430 RETAINED CAPITAL/NET SAVINGS 480,829 PATRONAGE CAPITAL ALLOCATIONS/ASSIGNMENTS 20,825,412 RECOGNITION OF DEFERRED REVENUE 618,000 REVENUE DEFERRAL -11,845,000 PATRONAGE CAPITAL RETIRED -4,221,039 TOTAL 5,866,632