2019-11-11T12:16:02-06:00 2018-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2018-01-01 570128696 BROAD RIVER ELECTRIC COOPERATIVE INC BROA 8644895737 PO BOX 2269 GAFFNEY SC 29342 TERRY W MALLARD PRESIDENT & CEO 8434895737 2019-11-11 true BRYAN A ISGETT P01441928 4787466277 2019-11-11 98.175.202.218 2019-11-11 12:16:02 CS P BE799C77261EE06AB1BFE677EC220712838153C6 A3B94424D657E207F786669336710D9C6E8823F7 2018 2020-03-31 21:24:44Z TERRY W MALLARD PO BOX 2269 GAFFNEY SC 29342 54878216 false X WWW.BROADRIVERELECTRIC.COM X 1940 SC YOUR COOPERATIVE IS COMMITTED TO THE PROVISION OF SAFE, RELIABLE AND REASONABLY PRICED ELECTRIC AND OTHER ENERGY RELATED SERVICES WHILE IMPROVING THE COMMUNITIES WE SERVE. 9 9 56 0 0 48623326 54039087 547748 732247 78608 49171074 54849942 0 1778143 4212375 542309 530147 0 0 46850622 50107420 49171074 54849942 0 107882731 120187401 80469879 90985407 27412852 29201994 YOUR COOPERATIVE IS COMMITTED TO THE PROVISION OF SAFE, RELIABLE AND REASONABLY PRICED ELECTRIC AND OTHER ENERGY RELATED SERVICES WHILE IMPROVING THE COMMUNITIES WE SERVE. false false YOUR COOPERATIVE IS COMMITTED TO THE PROVISION OF SAFE, RELIABLE AND REASONABLY PRICED ELECTRIC AND OTHER ENERGY RELATED SERVICES WHILE IMPROVING THE COMMUNITIES WE SERVE. 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 X 59 0 true 56 true false false false false false 53707844 913396 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 BROAD RIVER ECI 8644895737 PO BOX 2269 GAFFNEY SC 29342 NORRIS R FOWLER CHAIRMAN 15.00 X X 30963 44087 0 ANITA P WHITNEY VICE CHAIRMA 8.00 X X 22277 36956 0 DECOLE GALLMAN SEC/TREAS 6.00 X X 17201 28828 0 BOBBY FOSTER TRUSTEE 6.00 X 13377 21200 0 E DEWITT MCCRAW TRUSTEE 6.00 X 15905 37737 0 KEVIN MOSS TRUSTEE 6.00 X 10695 6765 0 MARK PATTERSON TRUSTEE 6.00 X 28195 22756 0 WILLIAM PEELER TRUSTEE 6.00 X 7200 44087 0 R WAYNE WEST TRUSTEE 6.00 X 20851 44087 0 TERRY W MALLARD PRESIDENT & 40.00 X 261091 8428 102392 JOHN B FOWLER VP-MEMBER SE 40.00 X 107033 0 52313 CARY JOHNSON VP-OPERATION 40.00 X 118292 0 29089 CLARENCE J ROGERS VP-FINANCE 40.00 X 103711 0 23752 JEFFERY S HUMPHRIES VP- ENGINEER 40.00 X 103699 0 52228 860490 294931 259774 5 false true false LEWIS TREE SERVICE INC 3034 STATE RD S-15-233 WALTERBORO SC 29488 LABOR 1958671 ASPLUNDH TREE EXPERT CO 351 ORCHARD CIRCLE CHARLOTTE NC 28217 LABOR 528548 2 ELECTRIC REVENUE 221000 53707844 53707844 CAPITAL CREDITS 221000 321433 321433 POLE RENTAL REVENUE 221000 9810 9810 54039087 732247 732247 39952 28274 11678 11678 11678 OTHER ELECTRIC REVENUE 221000 66930 66930 66930 54849942 54096207 753735 4212375 4212375 530147 530147 2216737 2216737 3376525 3376525 PURCHASED POWER 33020364 33020364 DISTRIBUTION OPERATIONS 3496774 3496774 DISTRIBUTION MAINTENANCE 3119415 3119415 ADMIN & GENERAL EXPENSE 2651831 2651831 2225774 2225774 54849942 54849942 0 0 5809504 14009632 4300041 5205409 19403 9961 286526 244609 428577 176630 120275128 25435822 91129679 94839306 5444085 5691252 464916 10602 107882731 120187401 6285086 7386128 62772090 71001455 11412703 12597824 80469879 90985407 X 27412852 29201994 27412852 29201994 107882731 120187401 X 0 1789142 X false true X true false 3500 3500 3500 true HENRY MCMASTER FOR GOVERNOR PO BOX 11063 COLUMBIA SC 29211 813788778 2500 REPRESENTATIVE JASON ELLIOTT 819 EAST NORTH STREET GREENVILLE SC 29601 1000 SCHEDULE C, PART I-A, LINE 1 POLITICAL CAMPAIGN CONTRIBUTIONS FOR STATE ELECTIONS, AS ALLOWED BY SOUTH CAROLINA LAW. 1291320 1291320 5285252 2231276 3053976 113698556 23204546 90494010 94839306 POST RETIREMENT BENEFITS OTHER 6461895 ASC 980 REGULATORY LIABILITY 4325000 CONSUMER DEPOSITS 1810929 12597824 52024942 52024942 2825000 2825000 54849942 50637567 50637567 4212375 4212375 54849942 SCHEDULE D, PAGE 4, PART XI, LINE 4B ASC 980-REGULATED LIABILITY 2,825,000 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 4,212,375 X X X X false false false TERRY W MALLARD PRESIDENT & CEO 243828 12500 4763 8428 75835 26557 363483 8428 JOHN B FOWLER VP-MEMBER SERVICES 101820 5213 30425 21888 159346 JEFFERY S HUMPHRIES VP- ENGINEERING 98743 4956 30340 21888 155927 FORM 990, PART V PART V, LINE 3A - THE CORPORATION FILED FORM 990-T FOR THE YEAR ENDED DECEMBER 31, 2018, ALTHOUGH THEY DID NOT HAVE ANY GROSS REVENUE FROM AN UNRELATED BUSINESS ACTIVITY. THE FILING REQUIREMENT FOR FORM 990-T WAS A DIRECT RESULT OF IRC SECTION 512(A)(7), WHICH REQUIRES TAX-EXEMPT ORGANIZATIONS TO INCREASE THEIR UBTI BY THE AMOUNT OF EMPLOYEE PARKING EXPENSES THAT WOULD BE NONDEDUCTIBLE IF THEY WERE SUBJECT TO THE SAME DEDUCTION DISALLOWANCE RULES AS TAXABLE ENTITIES. FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR 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 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 THROUGH THE USE OF A BOARD POLICY ADMINISTERED 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 MEMBERSHIP FEES 2,095 PATRONAGE CAPITAL RETIREMENTS -327,732 OTHER COMPREHENSIVE INCOME 781,036 DONATED CAPITAL -53,632 BENEFITS PAID TO MEMBERS 1,387,375 TOTAL 1,789,142