2025-11-12T10:59:06-05:00 2024-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2024-01-01 570113065 AIKEN ELECTRIC COOPERATIVE INC AIKE 8036496245 PO BOX 417 AIKEN SC 29802 GARY L STOOKSBURY CEO 8038618300 2025-11-11 true true H TERRELL MCMICHAEL JR P01259982 4787466277 2025-11-12 2024 2025-03-06 01:10:19Z GARY L STOOKSBURY PO BOX 417 AIKEN SC 29802 145685592 false X WWW.AIKENCO-OP.ORG X 1938 SC AIKEN ELECTRIC COOPERATIVE, INC. WILL STRIVE TO PROVIDE RELIABLE, COMPETITIVELY PRICED ENERGY AND OTHER SERVICES THAT ARE DESIRED BY THE MEMBERSHIP. 10 10 159 0 0 133369213 143534245 2407461 4289491 -2425372 -2138144 133351302 145685592 0 7616080 5816009 897455 940519 0 0 127263137 141079769 135776672 147836297 -2425370 -2150705 496691360 580547772 371692400 444881281 124998960 135666491 AIKEN ELECTRIC COOPERATIVE, INC. WILL STRIVE TO PROVIDE RELIABLE, COMPETITIVELY PRICED ENERGY AND OTHER SERVICES THAT ARE DESIRED BY THE MEMBERSHIP. false false N/A false false true false false false false false false true false true false true false false 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 true true false true 58 0 true 159 true false false false false false 135651112 5221190 false false false X 10 10 false false false false true true true true true false false true true true true true true true true false SC X APRIL COLLINS 8036496245 2790 WAGENER ROAD AIKEN SC 29802 X J STROM THURMOND JR PRESIDENT 4.25 1.00 X X 20620 2000 0 ROBERT CURRY VICE PRESIDE 7.87 1.00 X X 31714 2000 0 LINDA BRAMLETT SECRETARY/TR 7.94 1.00 X X 15384 2000 0 CHARLES SANDERS JR ASSISTANT SE 5.31 1.00 X X 22977 2000 0 O FRANK DORN TRUSTEE 9.13 1.00 X 40670 2000 0 VINCENT FURTICK JR TRUSTEE 5.06 1.00 X 54239 1500 0 DANA MOSELEY TRUSTEE 9.65 1.00 X 41102 2000 0 JAMES E STEWART JR TRUSTEE 5.78 1.00 X 28697 2000 0 SCOTT RIDDLE TRUSTEE 5.19 1.00 X 48207 3600 0 ADAM L LIVINGSTON TRUSTEE 4.55 1.00 X 17336 2000 0 THEO R WILLIAMS FORMER TRUST 0.00 X 12218 0 0 WAYNE FURTICK FORMER TRUST 0.00 X 12811 0 0 GARY L STOOKSBURY CEO 50.00 X 450243 0 144301 DAN GARMAN VP ENGINEERI 45.00 X 281837 0 173251 WILLIAM INMAN VP STRATEGIC 50.00 X 226768 0 91563 CASEY GRICE CREW CHIEF 59.00 X 180677 0 35295 APRIL COLLINS VP FINANCE A 50.00 X 196421 0 91809 LAURIE GLENN VP HUMAN RES 50.00 X 183215 0 118852 1865136 21100 655071 55 true true false MCCALL THOMAS ENGINEERING PO BOX 670 ORANGEBURG SC 29116 CONT/CONSULTING 34839773 LEE ELECTRICAL CONSTRUCTION INC PO BOX 55 ABERDEEN NC 28315 CONTRACTOR 8909131 FERREIRA POWER WEST LLC 2 EXECUTIVE CIRCLE SUITE 125 IRVINE CA 92614 DISPOSAL 7051496 XYLEM I LLC 208 E PLUME ST NORFOLK VA 23510 RIGHT-OF-WAY 4070551 CARDINAL POWER GROUP 7175 COUNTRY ROAD 1001 DANVILLE AL 35619 CONSTRUCTION 1931354 23 ELECTRIC REVENUE 221000 135651112 135651112 POLE RENTAL 221000 5180533 5180533 OTHER CAPITAL CREDITS 221000 2702600 2702600 143534245 4289491 4289491 MISC. NON-OPERATING 12558 12558 EQUITY IN EARNINGS OF AECONNE -2150702 -2150702 -2138144 145685592 138366270 7319322 5816009 915490 25029 16226367 14464463 PURCHASED POWER 81414117 DISTRIBUTION MAINTENANCE 8538920 DISTRIBUTION OPERATIONS 8491428 ADMIN. & GENERAL EXP. 6458969 5485505 147836297 0 0 0 4489683 1875015 13814233 17381237 32868926 16903162 767711 772659 580216209 120812729 373285916 459403480 59620008 67461737 11844883 16750482 496691360 580547772 22657392 20673564 343426670 417902949 5608338 6304768 371692400 444881281 X 395464 403783 124603496 135262708 124998960 135666491 496691360 580547772 X -2150705 12818236 X false true X true false 9000 9000 9000 true SEN TOM YOUNG PO BOX 417 AIKEN SC 29802 570113065 1000 SEN SHANE MASSEY PO BOX 417 AIKEN SC 29802 570113065 1000 REP BILL TAYLOR PO BOX 417 AIKEN SC 29802 570113065 1000 REP BILL HIXON PO BOX 417 AIKEN SC 29802 570113065 1000 REP BILL CLYBURN PO BOX 417 AIKEN SC 29802 570113065 1000 REP BART BLACKWELL PO BOX 417 AIKEN SC 29802 570113065 1000 REP MELISSA OREMUS PO BOX 417 AIKEN SC 29802 570113065 1000 CHARLIE HARTZ FOR HOUSE PO BOX 417 AIKEN SC 29802 570113065 1000 RUSSELL OTT FOR SENATE PO BOX 417 AIKEN SC 29802 570113065 1000 SCHEDULE C, PART I-C, LINE 5 REP. MELISSA OREMUS 57-0113065 1,000 0 P.O. BOX 417, AIKEN, SC 29802 CHARLIE HARTZ FOR HOUSE 57-0113065 1,000 0 P.O. BOX 417, AIKEN, SC 29802 RUSSELL OTT FOR SENATE 57-0113065 1,000 0 P.O. BOX 417, AIKEN, SC 29802 1271031 1271031 11484902 5811793 5673109 567460276 115000936 452459340 459403480 HOMESTEAD FUNDS 57082267 F ASSOCIATED ORGANIZATIONS 15452047 C CFC MEMBER CAPITAL SECURITIES 1306694 F OTHER 1045272 C INVESTMENT IN SUBSIDIARY -7424543 67461737 CONSUMER DEPOSITS 5108048 DEFERRED COMPENSATION 1116890 OBLIGATION CAP LEASE 79830 6304768 SCHEDULE D, PAGE 4, PART XIII AIKEN ECI'S FISCAL YEAR END IS MAY 31ST. AIKEN ECI'S FINANCIAL STATEMENTS WERE AUDITED AT MAY 31ST, 2025 AND 2024. X X X X X false false false THEO R WILLIAMS FORMER TRUSTEE 12218 12218 WAYNE FURTICK FORMER TRUSTEE 12811 12811 GARY L STOOKSBURY CEO 419589 2800 27854 118700 25601 594544 DAN GARMAN VP ENGINEERING 225370 34832 21635 147650 25601 455088 WILLIAM INMAN VP STRATEGIC SERVICE 187422 18897 20449 65962 25601 318331 CASEY GRICE CREW CHIEF 177106 3100 471 35295 215972 APRIL COLLINS VP FINANCE AND TECH 172699 22863 859 66208 25601 288230 LAURIE GLENN VP HUMAN RESOURCES 156241 25352 1622 108031 10821 302067 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 AS PROVIDED FOR IN THE COOPRATIVE'S POLICY WHICH IS INCLUDED AS PART OF THIS RETURN. 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 AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED AS PROVIDED IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS PART OF THIS RETURN. 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 VII SOUTH CAROLINA STATE LAW (SECTION 33-49-615) REQUIRES SOUTH CAROLINA ELECTRIC COOPERATIVES TO MAKE SPECIFIC COMPENSATION DISCLOSURES AVAILABLE TO THE PUBLIC. THESE DISCLOSURES ARE IN EXCESS OF THE COMPENSATION DISCLOSURES REQUIRED BY FORM 990. THE CORPORATION WILL MAKE THE DISCLOSURES REQUIRED BY STATE LAW AVAILABLE TO THE PUBLIC ON OR BEFORE MAY 15, 2025. FORM 990, PART XI, LINE 9 DONATED CAPITAL 1,485,472 OTHER COMPREHENSIVE INCOME 9,233,816 BENEFITS PAID TO MEMBER CAPITAL ACCOUNTS 5,816,009 CHANGE IN MEMBERSHIPS 8,319 CAPITAL CREDIT GAINS 11,882 CAPITAL CREDITS - RETIRED -2,937,262 WPCA OVER/UNDER RECOVERY -800,000 TOTAL 12,818,236 AIKEN ECI FOUNDATION INC PO BOX 417 AIKEN SC 29802 571109736 CHARITY SC 3 7 NA false AECONNECT INC PO BOX 417 AIKEN SC 29802 853746466 BROADBAND SC N/A true false false false true false false false false false false false false false false true false true false false AECONNECT INC D 8000000 COST AECONNECTINC O 370345 COST AECONNECT INC Q 6433849 COST AIKEN ECI FOUNDATION INC O 4461 FMV SCHEDULE R AECONNECT, INC. IS A WHOLLY OWNED SUBSIDIARY OF AIKEN ECI. AECONNECT, INC. IS A PROVIDER OF RETAIL BROADBAND SERVICES. ALLOCATED COSTS BETWEEN AIKEN ECI AND AECONNECT, INC. HAVE BEEN REPORTED IN ACCORDANCE WITH THE BOARD APPROVED COSTS ALLOCATION POLICIES. AIKEN ECI REPORTS SHARED PAID EMPLOYEES AND HAS MADE ALL REQUIRED PAYROLL FILINGS FOR THE TAX YEAR COVERED BY THIS RETURN. OPERATION ROUNDUP THE CORPORATION'S MEMBERS CAN PARTICIPATE IN AN OPERATION ROUNDUP PROGRAM AND HAVE THEIR ELECTRIC BILL ROUNDED TO THE NEXT HIGHEST WHOLE DOLLAR EACH MONTH. THESE FUNDS ARE TREATED AS CONTRIBUTIONS TO AIKEN ECI FOUNDATION, INC. (THE FOUNDATION), A NONPROFIT 501(C)(3) ORGANIZATION. THE FOUNDATION MAINTAINS A SEPARATE BOARD OF TRUSTEES WHICH APPROVES CHARITABLE ASSISTANCE TO THE AREAS SERVED BY AIKEN ELECTIC COOPERATIVE INCORPORATED. THE FOUNDATION HAS NO EMPLOYEES. THE TRANSACTIONS BETWEEN THE CORPORATION AND THE FOUNDATION REPORTED ON SCHEDULE R, PART V REPRESENT THE VALUE OF THE SERVICES DONATED BY THE CORPORATION TO THE FOUNDATION.