BERKELEY ELECTRIC COOPERATIVE INC: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- BERKELEY ELECTRIC COOPERATIVE INC (EIN 57-0123093)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-15
- IRS object ID
- 201903199349313360
- Schema version
- 2018v3.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-15T15:36:22-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 451563674 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDDIE CARRICK CPA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 151 YOUNG DRIVE | AddressLine1Txt |
| City | Lexington | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27292 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570123093 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERKELEY ELECTRIC COOPERATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BERK | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1234 | AddressLine1Txt |
| City | MONCKS CORNER | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 294611234 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOEL STEVENS | PersonNm |
| Person Title | VP FINANCE | PersonTitleTxt |
| Phone | 8437618200 | PhoneNum |
| Signature | 2019-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | EDDIE CARRICK | PreparerPersonNm |
| PTIN | P01315064 | PTIN |
| Phone | 3362492545 | PhoneNum |
| Preparation | 2019-11-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 70.61.124.138 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-11-15 | IPDt |
| IP Tm | 15:47:25 | IPTm |
| Federal Original Submission Id | 6948782019319vlxew04 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-11-15 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 5B5DC513DD4F473247356D71D8FD2D4AC137348E | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 5B5DC513DD4F473247356D71D8FD2D4AC137348E | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-04-17 16:48:07Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DWAYNE CARTWRIGHT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 414 HWY 52N | AddressLine1Txt |
| City | MONCKS CORNER | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29461 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $324,974,764 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.BEC.COOP | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1940 | FormationYr |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE AFFORDABLE, SAFE AND RELIABLE ELCTRIC SERVICE TO OUR MEMBERS | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 364 | TotalEmployeeCnt |
| Total Gross UBI | $30,055 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $32,449 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $281,771,127 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $320,927,919 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,410,322 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,894,718 | CYInvestmentIncomeAmt |
| PY Other Revenue | $713,802 | PYOtherRevenueAmt |
| CY Other Revenue | $1,148,170 | CYOtherRevenueAmt |
| PY Total Revenue | $284,895,251 | PYTotalRevenueAmt |
| CY Total Revenue | $324,970,807 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $8,349,466 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $13,960,742 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $928,820 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,052,474 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $275,616,965 | PYOtherExpensesAmt |
| CY Other Expenses | $309,957,591 | CYOtherExpensesAmt |
| PY Total Expenses | $284,895,251 | PYTotalExpensesAmt |
| CY Total Expenses | $324,970,807 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $429,930,339 | TotalAssetsBOYAmt |
| Total Assets EOY | $461,428,469 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $302,758,901 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $310,439,760 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $127,171,438 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $150,988,709 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE AFFORDABLE, SAFE AND RELIABLE ELCTRIC SERVICE TO OUR MEMBERS | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $324,970,807 | ExpenseAmt |
| Desc | PROVIDING ELECTRICITY TO OUR MEMBERS IN BERKELEY, CHARLESTON AND DORCHESTER COUNTIES IN SOUTH CAROLINA | Desc |
| Total Program Service Expenses | $324,970,807 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | 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 With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| 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 | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 101 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 364 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Members And Shr Gross Income | $323,898,613 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $1,072,194 | 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 | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | 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 | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DWAYNE CARTWRIGHT | PersonNm |
| Phone | 8437618200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 414 HIGHWAY 52 NORTH | AddressLine1Txt |
| City | MONCKS CORNER | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29461 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| H BRUNSON | ||||||||
| CHAIRMAN | 9.00 | 0.00 | Yes (X) | Yes (X) | $36,522 | $400 | $0 | |
| W DEWITT | ||||||||
| SECRETARY TREASURER | 13.00 | 0.00 | Yes (X) | Yes (X) | $38,793 | $400 | $0 | |
| C CADDELL | ||||||||
| BOARD MEMBER | 10.00 | 0.00 | Yes (X) | $36,687 | $400 | $0 | ||
| WILLIS SANDERS | ||||||||
| VICE CHAIRMAN | 22.00 | 0.00 | Yes (X) | Yes (X) | $42,650 | $400 | $0 | |
| C P SHULER | ||||||||
| BOARD MEMBER | 10.00 | 0.00 | Yes (X) | $38,101 | $400 | $0 | ||
| HENRY CHAVIS SR | ||||||||
| BOARD MEMBER | 20.00 | 0.00 | Yes (X) | $24,600 | $400 | $0 | ||
| GEORGE MCFADDEN | ||||||||
| BOARD MEMBER | 16.00 | 0.00 | Yes (X) | $34,950 | $400 | $0 | ||
| ROBERT VANDROSS | ||||||||
| BOARD MEMBER | 10.00 | 0.00 | Yes (X) | $36,025 | $400 | $0 | ||
| SAM GOURDINE | ||||||||
| BOARD MEMBER | 9.00 | 0.00 | Yes (X) | $36,025 | $400 | $0 | ||
| DWAYNE CARTWRIGHT | ||||||||
| CEO | 55.00 | 0.00 | Yes (X) | $402,092 | $0 | $121,641 | ||
| JOEL STEVENS | ||||||||
| VP FINANCE | 45.00 | 0.00 | Yes (X) | $158,105 | $0 | $42,684 | ||
| TIM MOBLEY | ||||||||
| VP ENGINEERING AND OPERATIONS | 45.00 | 0.00 | $186,742 | $0 | $195,002 | Yes (X) | ||
| SCOTT SHEPHERD | ||||||||
| VP CUSTOMER SERVICE | 47.00 | 0.00 | $168,781 | $0 | $175,414 | Yes (X) | ||
| LOUISE MEADE | ||||||||
| VP HUMAN RESOURCES | 42.00 | 0.00 | $162,266 | $0 | $194,028 | Yes (X) | ||
| TONY CAPOBIANCO | ||||||||
| VP INFORMATION SYSTEMS | 48.00 | 0.00 | $160,708 | $0 | $96,750 | Yes (X) | ||
| MARK GADDY | ||||||||
| VP ECONOMIC DEVELOPMENT | 44.00 | 0.00 | $149,046 | $0 | $185,393 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,712,093 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $3,600 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,010,912 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 21 | 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 |
|---|---|---|---|---|---|
| SUMNTER UTILITIES | |||||
| PO BOX 846391 | DALLAS | TX | 75284 | CONSTRUCTION | $4,650,029 |
| COOPERATIVE BUILDING SOLUTIONS | |||||
| 77 WESTPORT PLAZA SUITE 250 | SAINT LOUIS | MO | 63146 | CONSTRUCTION | $3,979,594 |
| ASPLUNDH TREE EXPERT CO | |||||
| PO BOX 532729 | ATLANTA | GA | 30353 | ROW CLEARING | $2,213,739 |
| AUBREY SILVEY ENTERPRISES | |||||
| 371 HAMP JONES ROAD | CARROLLTON | GA | 30117 | CONSTRUCTION | $1,681,992 |
| PINNACLE CONSTRUCTION | |||||
| PO BOX 51505 | SUMMERVILLE | SC | 29485 | BORING | $1,522,752 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| ELECTRIC REVENUE | 221000 | $320,568,702 | $320,568,702 | |
| POLE RENTAL | 532000 | $316,087 | $316,087 | |
| SURGE PROTECTION | 900099 | $43,130 | $43,130 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $320,927,919 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,894,718 | TotalRevenueColumnAmt |
| Exclusion | $2,894,718 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $34,012 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $3,957 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $30,055 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $30,055 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $30,055 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CAPITAL CREDITS | Desc |
| Business | 221000 | BusinessCd |
| Total Revenue Column | $1,042,139 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,042,139 | RelatedOrExemptFuncIncomeAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $75,976 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $75,976 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,118,115 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $324,970,807 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $321,729,947 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $30,055 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,210,805 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,960,742 | TotalAmt |
| Program Services | $13,960,742 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,052,474 | TotalAmt |
| Program Services | $1,052,474 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,139,329 | TotalAmt |
| Program Services | $7,139,329 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,411,101 | TotalAmt |
| Program Services | $16,411,101 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| COST OF POWER | $225,361,755 | $225,361,755 |
| DISTRIBUTION - OPERATIONS & | $35,450,223 | $35,450,223 |
| CUSTOMER SERVICE INFO AND SA | $10,517,414 | $10,517,414 |
| ADMIN AND ALL OTHER | $15,077,769 | $15,077,769 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $324,970,807 | TotalAmt |
| Program Services | $324,970,807 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,426,389 | BOYAmt |
| EOY | $5,272,340 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,225,000 | BOYAmt |
| EOY | $10,500,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,127,170 | BOYAmt |
| EOY | $8,118,601 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,792,290 | BOYAmt |
| EOY | $4,804,801 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $231,630 | BOYAmt |
| EOY | $1,661,850 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $553,660,144 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $162,091,444 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $369,920,080 | BOYAmt |
| EOY | $391,568,700 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,425,524 | BOYAmt |
| EOY | $21,226,828 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,782,256 | BOYAmt |
| EOY | $18,275,349 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $429,930,339 | BOYAmt |
| EOY | $461,428,469 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,946,067 | BOYAmt |
| EOY | $45,419,539 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $211,136,905 | BOYAmt |
| EOY | $217,204,113 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,675,929 | BOYAmt |
| EOY | $47,816,108 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $302,758,901 | BOYAmt |
| EOY | $310,439,760 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $408,165 | BOYAmt |
| EOY | $425,350 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,763,273 | BOYAmt |
| EOY | $150,563,359 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,171,438 | BOYAmt |
| EOY | $150,988,709 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $429,930,339 | BOYAmt |
| EOY | $461,428,469 | 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 | $23,817,271 | 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) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,894,272 | OtherCostOrOtherBasisAmt |
| Book Value | $9,894,272 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $21,698,334 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,031,352 | DepreciationAmt |
| Book Value | $14,666,982 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $522,067,538 | OtherCostOrOtherBasisAmt |
| Depreciation | $155,060,092 | DepreciationAmt |
| Book Value | $367,007,446 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $391,568,700 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENT IN ASSOCITED ORGS | $19,525,249 | C |
| INVESTMENT IN SUBSIDIARIES | $1,697,579 | C |
| OTHER | $4,000 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $21,226,828 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER AR | Desc |
| Book Value | $18,275,349 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $18,275,349 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (8 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED OPEB | $22,449,461 |
| ACCRUED TAXES | $2,750,741 |
| ACCRUED PAYROLL | $697,475 |
| ACCRUED VACATION | $1,843,728 |
| ACCUED SICK LEAVE | $564,240 |
| OTHER ACCRUED LIABILITIES | $85,001 |
| OTHER DEFERRED CREDITS | $37,367 |
| MARGIN STABILIZATION PLAN | $19,388,095 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $47,816,108 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $324,970,807 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $324,970,807 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $324,970,807 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $311,010,065 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $311,010,065 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $13,960,742 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $13,960,742 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $324,970,807 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Other expenses included on Form 990 (Part XII, line 4b) | SCHEDULE D PART XII LINE 4B - BERKELEY ELECTRIC COOPERATIVE, INC. INTERPRETS THE INSTRUCTIONS TO REPORT ANY PATRONAGE CAPITAL / MARGINS. THIS RECONCILES THE AUDITED FINANCIAL STATEMENTS WITH EXPENSES REPORTED IN THIS RETURN. |
| Footnote for uncertain tax position under FIN 48 (Part X) | SCHEDULE D LINE X LINE 2 - THE COMPANY IS REQUIRED TO RECOGNIZE THE PROVISIONS OF FIN 48 FOR THE CURRENT YEAR. THIS INTERPRETATION PRESCRIBES A RECOGNITION THRESHHOLD AND A MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-THAN-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE COMPANY HAS NOT RECOGNIZED ANY DEFERRED TAX ASSETS AS OF THE BALANCE SHEET DATE, |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| DWAYNE CARTWRIGHT | ||||||
| CEO | $400,242 | $716 | $1,134 | $101,315 | $20,326 | $523,733 |
| JOEL STEVENS | ||||||
| VP FINANCE | $159,452 | $658 | -$2,005 | $22,563 | $20,121 | $200,789 |
| TIM MOBLEY | ||||||
| VP ENGINEERING AND OPERATIONS | $187,396 | $658 | -$1,312 | $174,676 | $20,326 | $381,744 |
| SCOTT SHEPHERD | ||||||
| VP CUSTOMER SERVICE | $168,271 | $658 | -$148 | $155,088 | $20,326 | $344,195 |
| LOUISE MEADE | ||||||
| VP HUMAN RESOURCES | $161,765 | $658 | -$157 | $173,702 | $20,326 | $356,294 |
| TONY CAPOBIANCO | ||||||
| VP INFORMATION SYSTEMS | $156,871 | $816 | $3,021 | $87,769 | $8,981 | $257,458 |
| MARK GADDY | ||||||
| VP ECONOMIC DEVELOPMENT | $149,860 | $500 | -$1,314 | $165,067 | $20,326 | $334,439 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Related organization compensation method (Part I, line 3) | SCHEDULE J PART 1 LINE 3 - OUTSIDE CONSULTANTS ARE USED TO EVALUATE JOB RESPONSIBILITIES IN COMPARISON WITH OTHER COOPERATIVES AND WHETHER LEVEL OF COMPENSATION IS IN LINE WITH SIMILAR SIZE DUTIES FOR INDIVIDUAL AND COOPERATIVE. THE MOST RECENT EVALUATION WAS CONDUCTED IN THE SPRING OF 2018. |
| Listed persons compensation information (Part I, line 4) | SCHEDULE J PART I LINE 4 - PARTICIPATED IN NRECA RETIREMENT PLAN |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Members or stockholder classes and rights Part VI line 6 | COMMON MEMBERSHIP IS REQUIRED UPON REQUEST OF ELECTRICAL SERVICE. ONE MEMBERSHIP EQUALS ONE VOTE. |
| Member election for additional members Part VI line 7a | BOARD ELECTED AT ANNUAL MEETING AT WHICH ALL MEMBERS HAVE ONE VOTE |
| Governing body decisions Part VI line 7b | BYLAWS ADJUSTMENTS REQUIRE VOTE OF THE MEMBERSHIP AT THE ANNUAL MEETING. EACH MEMBERSHIP HAS ONE VOTE |
| Form 990 governing body review Part VI line 11 | MANAGEMENT AND GOVERNING BODY REVIEW |
| Conflict of interest policy compliance Part VI line 12c | MANAGEMENT AND BOARD SIGN CONFLICT OF INTEREST REPORTS ANNUALLY |
| CEO executive director top management comp Part VI line 15a | FORM 990 PART VI SECTION B LINE 15 - OUTSIDE CONSULTANTS ARE USED TO EVALUATE JOB RESPONSIBILITIES IN COMPARISON WITH OTHER COOPERATIVES AND WHETHER LEVEL OF COMPENSATION IS IN LINE WITH SIMILAR SIZE DUTIES FOR INDIVIDUAL AND COOPERATIVE. THE MOST RECENT EVALUATION / REVIEW WAS CONDUCTED IN SPRING OF 2018 |
| Other officer or key employee compensation Part VI line 15b | FORM 990 PART VI SECTION B LINE 15 - OUTSIDE CONSULTANTS ARE USED TO EVALUATE JOB RESPONSIBILITIES IN COMPARISON WITH OTHER COOPERATIVES AND WHETHER LEVEL OF COMPENSATION IS IN LINE WITH SIMILAR SIZE DUTIES FOR INDIVIDUAL AND COOPERATIVE. THE MOST RECENT EVALUATION / REVIEW WAS CONDUCTED IN SPRING OF 2018 |
| Governing documents etc available to public Part VI line 19 | FORM 990 PART VI SECTION C LINE 19 - THE FORM 990 IS AVAILABLE AT ALL DISTRICT OFFICES, SENT UPON REQUEST AND POSTED ON PUBLIC WEBSITE. ANNUAL REPORTS ARE DISTRIBUTED AT THE ANNUAL MEETING AND BYLAWS ARE PROVIDED TO NEW APPLICANTS UPON REQUEST FOR SERVICE FORM 990 AND AUDITED FINANCIALS ARE AVAILABLE UPON REQUEST AT CORPORATE HEADQUARTERS |
| Explanation of other changes in net assets or fund balances Part XI line 9 | ASSIGNMENTS AND ADJUSTMENTS TO PATRONAGE CAPITAL ACCOUNTS - REFER TO PART XIII AND PART XII LINE 4 |
| Part IX response or note to any line in Part IX | FORM 990 PART IX LINE 25 - THE CORPORATIONS RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS PRESCRIBED BY THE FEDERAL ENERGY REGULATION COMMISSION (18CFR, PART 101). THOSE PRACTICES UTILIZE ALLOCATION OF CERTAIN EXPENSES BASED ON LABOR CHARGES OR OTHER ALLOCATION BASES. AS A RESULT, IT WOULD REQUIRE SIGNIFICANT EFFORT TO BREAK OUT EXPENSES IN THE FUNCTIONAL CATEGORIES PROVIDED FOR ON THE STATEMENT OF FUNCTIONAAL EXPENSES. MANAGEMENT HAS OPTED TO CLASSIFY ITS EXPENSES ON THE STATEMENT OF FUNCTIONAL EXPENSES IN THE SAME MANNER IT REPORTS ITS FINANCIAL RESULTS TO LENDERS AND MEMBERS. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BERKELEY COOPERATIVE ENTERPRISES | |||||||||||
| PO BOX 1234 | MONCKS CORNER | SC | 29461 | 571078630 | HOLDING COMPANY | SC | BERKELEY ELECTRIC COOPERATIVE | C Corp | -$3,658 | $960,091 | 1.00000 |
| BERKELEY PROPANE COMPANY | |||||||||||
| PO BOX 1234 | MONCKS CORNER | SC | 29461 | 571078631 | PROPANE SALES | SC | BERKELEY COOPERATIVE ENTERPRISES INC | C Corp | $22,462 | $1,801,112 | 1.00000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (true) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| BERKELEY PROPANE COMPANY | ||
| AI | $34,012 | MARKET VALUE OF FOOTAGE RENTED |
| BERKELY PROPANE COMPANY | ||
| Q | $76,317 | OF COST IN SHARED ACCOUNTS |
| BERKELEY PROPANE COMPANY | ||
| Q | $183,960 | OF COST IN SHARED ACCOUNTS |