BLACK RIVER ELECTRIC COOPERATIVE INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- BLACK RIVER ELECTRIC COOPERATIVE INC (EIN 57-0124487)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-13
- IRS object ID
- 201713179349307711
- Schema version
- 2016v3.0
- 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 | 2017-11-13T17:03:49-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 581094351 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX ONE | AddressLine1Txt |
| City | MACON | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 312020001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570124487 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLACK RIVER ELECTRIC | BusinessNameLine1Txt |
| Business Name Line2 | COOPERATIVE INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BLAC | BusinessNameControlTxt |
| Phone | 8034698060 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 130 | AddressLine1Txt |
| City | SUMTER | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 291510130 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLES R ALLEN | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 8034698060 | PhoneNum |
| Signature | 2017-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRYAN A ISGETT | PreparerPersonNm |
| PTIN | P01441928 | PTIN |
| Phone | 4787466277 | PhoneNum |
| Preparation | 2017-11-13 | PreparationDt |
Filing Security Information FilingSecurityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| At Submission Creation Device Id | 6166896789E7932E3ABB2EA10CB981F834F7D977 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | DE624E79D3FDB7B117F78ADC73FB33944D56C78F | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2018-03-14 21:41:22Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CHARLES R ALLEN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 130 | AddressLine1Txt |
| City | SUMTER | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 291510130 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $77,858,826 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.BLACKRIVER.COOP | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1939 | FormationYr |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Activity Or Mission | DISTRIBUTION OF ELECTRICITY TO RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL MEMBERS WITHIN THE COOPERATIVE'S ASSIGNED SERVICE TERRITORIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 76 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $78,998,860 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $77,322,145 | CYProgramServiceRevenueAmt |
| PY Investment Income | $295,136 | PYInvestmentIncomeAmt |
| CY Investment Income | $158,674 | CYInvestmentIncomeAmt |
| PY Other Revenue | $291,524 | PYOtherRevenueAmt |
| CY Other Revenue | $351,107 | CYOtherRevenueAmt |
| PY Total Revenue | $79,585,520 | PYTotalRevenueAmt |
| CY Total Revenue | $77,831,926 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $9,056,151 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $6,046,653 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,987,152 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,053,575 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $64,542,217 | PYOtherExpensesAmt |
| CY Other Expenses | $65,731,698 | CYOtherExpensesAmt |
| PY Total Expenses | $79,585,520 | PYTotalExpensesAmt |
| CY Total Expenses | $77,831,926 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $95,368,573 | TotalAssetsBOYAmt |
| Total Assets EOY | $96,764,503 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $24,688,213 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $23,655,904 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $70,680,360 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $73,108,599 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE RURAL AND URBAN AREAS WITHIN THE COOPERATIVES'S ASSIGNED SERVICE TERRITORY WITH RELIABLE, AFFORDABLE ELECTRICITY WHILE ALSO PROVIDING MEMBERS WITH EXCELLENT CUSTOMER SERVICE. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | N/A | Desc |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (true) | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| 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 | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | 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 | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 57 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 76 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| 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 | $77,297,776 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $353,209 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| 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 | false | InvestmentInJointVentureInd |
| 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 | BETTY J WELSH | PersonNm |
| Phone | 8034698060 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1121 N PIKE RD WEST | AddressLine1Txt |
| City | SUMTER | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29513 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| ROWLAND ALSTON | |||||||||
| CHAIRMAN-TRU | 7.00 | Yes (X) | Yes (X) | $0 | $0 | $22,411 | |||
| MARY B SHERIDAN | |||||||||
| VICE CHAIR-T | 5.00 | Yes (X) | Yes (X) | $17,126 | $0 | $0 | |||
| GEORGE R GIBSON | |||||||||
| SEC./TREAS.- | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $18,511 | |||
| ODELL WILLIAMS | |||||||||
| CHAPLAIN-TRU | 5.00 | Yes (X) | $20,038 | $0 | $0 | ||||
| CONNIE BRITTON | |||||||||
| TRUSTEE | 4.00 | Yes (X) | $12,239 | $0 | $0 | ||||
| RONALD FOUNTAIN | |||||||||
| TRUSTEE | 6.00 | Yes (X) | $19,403 | $0 | $0 | ||||
| THOMAS M JACKSON | |||||||||
| TRUSTEE | 4.00 | Yes (X) | $15,203 | $0 | $0 | ||||
| DR RONALD PRESTAGE | |||||||||
| TRUSTEE | 4.00 | Yes (X) | $9,126 | $0 | $0 | ||||
| DAVID L TINDAL | |||||||||
| TRUSTEE | 3.00 | Yes (X) | $18,151 | $0 | $0 | ||||
| CHARLES R ALLEN | |||||||||
| CEO | 50.00 | Yes (X) | $208,420 | $0 | $80,980 | ||||
| BETTY J WELSH | |||||||||
| VP FINANCE & | 60.00 | $160,659 | $0 | $51,020 | Yes (X) | ||||
| CHARLES H LEAIRD | |||||||||
| (RETIRED CEO | $139,812 | $0 | $0 | Yes (X) | |||||
| DAVID W BRANHAM | |||||||||
| DISTRICT MAN | 42.00 | $105,337 | $0 | $2,399 | Yes (X) | ||||
| BRENDA P CHASE | |||||||||
| GOVERN & PUB | 42.00 | $104,828 | $0 | $5,922 | Yes (X) | ||||
| GREGORY HOWARD | |||||||||
| LINE SUPERIN | 42.00 | $104,607 | $0 | $31,091 | Yes (X) | ||||
| CHARLIE RICHARDSON | |||||||||
| FOREMAN | 45.00 | $103,669 | $0 | $821 | Yes (X) | ||||
| JAMES F MOYE | |||||||||
| ENGINEERING | 42.00 | $102,752 | $0 | $31,092 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,141,370 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $244,247 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 10 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | 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 |
|---|---|---|---|---|---|
| STATE TREE SERVICE LLC | |||||
| 852 S GUIGNARD DR | SUMTER | SC | 29150 | RIGHT OF WAY/TR | $560,890 |
| POWER LINE CLEARING | |||||
| PO BOX 971 | SUMTER | SC | 29150 | RIGHT OF WAY/TR | $397,459 |
| GDS ASSOCIATES INC | |||||
| 1850 PARKWAY PLACE | MARIETTA | GA | 30067 | ENGINEERING CON | $212,358 |
| EXCELERON SOFTWARE | |||||
| 8144 WALNUT HILL LN | DALLAS | TX | 75231 | SOFTWARE VENDOR | $156,832 |
| ENVELOPES & FORMS | |||||
| 2505 MEADOWBROOK PKY | DULUTH | GA | 30096 | BILL PRINT VEND | $139,329 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 9 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| ELECTRIC REVENUE | 221000 | $77,297,776 | $77,297,776 | |
| POLE RENTAL | 221000 | $24,369 | $24,369 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $77,322,145 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $181,486 | TotalRevenueColumnAmt |
| Exclusion | $181,486 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $4,088 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $26,900 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$22,812 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$22,812 | TotalRevenueColumnAmt |
| Exclusion | -$22,812 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| CAPITAL CREDITS | 900099 | $378,357 | $378,357 |
| EQUITY EARNINGS SUBSIDIARY | 900099 | -$27,250 | -$27,250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $351,107 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $77,831,926 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $77,648,883 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $183,043 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,046,653 | TotalAmt |
| Program Services | $6,046,653 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $653,287 | TotalAmt |
| Program Services | $653,287 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,069,666 | TotalAmt |
| Program Services | $3,069,666 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,263,454 | TotalAmt |
| Program Services | $1,263,454 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $660,960 | TotalAmt |
| Program Services | $660,960 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $406,208 | TotalAmt |
| Program Services | $406,208 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,527 | TotalAmt |
| Program Services | $26,527 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,242 | TotalAmt |
| Program Services | $58,242 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,715 | TotalAmt |
| Program Services | $7,715 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $661,497 | TotalAmt |
| Program Services | $661,497 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $291,806 | TotalAmt |
| Program Services | $291,806 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,136 | TotalAmt |
| Program Services | $91,136 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $300,673 | TotalAmt |
| Program Services | $300,673 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,155,379 | TotalAmt |
| Program Services | $4,155,379 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,472 | TotalAmt |
| Program Services | $152,472 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| PURCHASE POWER | $54,862,381 | $54,862,381 |
| OPS, MAINT,CONS, A&G | $2,664,204 | $2,664,204 |
| PROPERTY TAX | $1,908,961 | $1,908,961 |
| GROSS RECEIPTS/EXCISE TAX | $550,705 | $550,705 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,831,926 | TotalAmt |
| Program Services | $77,831,926 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,548,820 | BOYAmt |
| EOY | $7,391,538 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,741,990 | BOYAmt |
| EOY | $4,733,041 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,185,319 | BOYAmt |
| EOY | $5,228,439 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $272,914 | BOYAmt |
| EOY | $313,375 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $419,635 | BOYAmt |
| EOY | $506,421 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $375,777 | BOYAmt |
| EOY | $351,540 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $126,720,840 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $56,141,832 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,397,286 | BOYAmt |
| EOY | $70,579,008 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,374,376 | BOYAmt |
| EOY | $7,608,779 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,456 | BOYAmt |
| EOY | $52,362 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,368,573 | BOYAmt |
| EOY | $96,764,503 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,737,062 | BOYAmt |
| EOY | $6,507,571 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,350,000 | BOYAmt |
| EOY | $9,550,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,601,151 | BOYAmt |
| EOY | $7,598,333 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,688,213 | BOYAmt |
| EOY | $23,655,904 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,680,360 | BOYAmt |
| EOY | $73,108,599 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,680,360 | BOYAmt |
| EOY | $73,108,599 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,368,573 | BOYAmt |
| EOY | $96,764,503 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $2,428,239 | 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $250 | PoliticalExpendituresAmt |
| Expended527 Activities | $250 | Expended527ActivitiesAmt |
| Total Exempt Function Expend | $250 | TotalExemptFunctionExpendAmt |
| Form1120 POL Filed | Yes (true) | Form1120POLFiledInd |
Section527 Political Org Section527PoliticalOrgGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HUGH LEATHERMAN FOR SC SENATE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 142 | AddressLine1Txt |
| City | FLORENCE | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29501 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 261823536 | EIN |
| Paid Internal Funds | $250 | PaidInternalFundsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE C, PART I-A, LINE 1 | FormAndLineReferenceDesc |
| Explanation | POLITICAL CAMPAIGN CONTRIBUTIONS FOR STATE ELECTIONS, AS ALLOWED BY SOUTH CAROLINA LAW. | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $643,641 | OtherCostOrOtherBasisAmt |
| Book Value | $643,641 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,411,262 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,030,705 | DepreciationAmt |
| Book Value | $2,380,557 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $121,665,937 | OtherCostOrOtherBasisAmt |
| Depreciation | $54,111,127 | DepreciationAmt |
| Book Value | $67,554,810 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $70,579,008 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENT IN ASSOC. ORGANIZATIONS | $4,995,844 | C |
| INVESTMENT IN SUBSIDIARY | $1,764,718 | |
| SPECIAL FUNDS | $848,217 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $7,608,779 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| REGULATORY LIABILITY-ASC 980 | $4,000,000 |
| CONSUMER DEPOSITS | $2,896,362 |
| OTHER LONG-TERM LIABILITIES | $701,971 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $7,598,333 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $77,831,926 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $77,831,926 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $77,831,926 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $71,785,273 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $71,785,273 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $6,046,653 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $6,046,653 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $77,831,926 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 4, PART XII, LINE 4B | FormAndLineReferenceDesc |
| Explanation | PATRONAGE CAPITAL CREDITS 6,046,653 | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt |
|---|---|---|---|---|---|---|---|
| CHARLES R ALLEN | |||||||
| CEO | $198,420 | $10,000 | $70,327 | $10,653 | $289,400 | ||
| BETTY J WELSH | |||||||
| VP FINANCE & ADMIN | $145,267 | $10,000 | $48,327 | $2,693 | $211,679 | $5,392 | |
| CHARLES H LEAIRD | |||||||
| (RETIRED CEO-01/2015 | $139,812 | $139,812 | $139,812 | ||||
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PAGE 1, PART I, LINE 1A | 1A. TRAVEL PROVIDED FOR DIRECTORS, CEO OR EMPLOYEES ATTENDING BUSINESS MEETING OR TRAINING RELATED TO PURPOSE OF ELECTRIC COOPERATIVE. DIRECTORS FOR TRUSTEE ASSOCIATION MEETINGS, DIRECTORS' WORKSHOPS/TRAINING ENRICHMENT CLASSES AND DIRECTOR CONFERENCES. CEO PROVIDED MEMBERSHIP TO LOCAL COUNTRY CLUB. |
| SCHEDULE J, PAGE 1, PART I, LINE 4 | CHARLES H. LEAIRD 0 139,812 0 |
| SCHEDULE J, PART III | 4B. FORMER RETIRED CEO RECEIVED PAYMENT OF PREVIOUSLY DEFERRED NON- QUALIFIED RETIREMENT PLAN PROVIDED BY NRECA/HOMESTEAD FUNDS IN AMOUNT LISTED IN PART II COLUMN F. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS. |
| 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. |
| FORM 990, PAGE 6, PART VI, LINE 7B | CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBECT TO APPROVAL BY MEMBERS AS PROVIDED FOR IN ITS BYLAWS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS REVIEWED IN DETAIL BY THE COOPERATIVE'S GOVERNING BODY, WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM BEFORE BEING FILED. |
| FORM 990, PAGE 6, PART VI, LINE 12C | BLACK RIVER ELECTRIC COOPERATIVE'S CONFLICT OF INTEREST POLICY IS DIRECTED TO TRUSTEES/DIRECTORS, OFFICERS, AS WELL AS OTHER MANAGEMENT PERSONNEL WHO CAN INFLUENCE THE ACTIONS OF THE COOPERATIVE. DISCLOSURE AND DETERMINATION OF THE PRESENCE OF A POTENTIAL CONFLICT OF INTEREST FOR ANY MANAGEMENT PERSONNEL IS MADE TO THE CHIEF EXECUTIVE OFFICER(OR IF SHE OR HE IS THE ONE WITH THE CONFLICT TO THE BOARD CHAIR), WHO THEN BRINGS THE MATTER TO THE ATTENTION OF THE BOARD OR A DULY APPOINTED COMMITTEE THEREOF. DISCLOSURE INVOLVING TRUSTEES/DIRECTORS IS TO BE MADE TO THE BOARD CHAIR (OR IF SHE OR HE IS THE ONE WITH THE CONFLICT TO VICE-CHAIR), WHO THEN BRINGS THE MATTER TO THE ATTENTION OF THE BOARD OR A DULY APPOINTED COMMITTEE THEREOF. IN ADDITION, EACH TRUSTEE/DIRECTOR, OFFICER, AND OTHER MANAGEMENT PERSONNEL ARE REQUIRED TO ANNUALLY COMPLETE A DISCLOSURE STATEMENT IDENTIFYING ANY POTENTIAL TRANSACTIONS OVER PRIOR YEAR WHICH COULD PRESENT ITSELF AS A POTENTIAL CONFLICT OF INTEREST. |
| FORM 990, PAGE 6, PART VI, LINE 15A | A DULY APPOINTED COMMITTEE OF TRUSTEES, WAGE & SALARY COMMITTEE, IS ORGANIZED ON AN ANNUAL BASIS. THIS COMMITTEE REVIEWS SALARIES OF ALL EMPLOYEES INCLUDING CEO, OFFICERS, AND KEY EMPLOYEES. IN ADDITION, THE COMMITTEE ALSO ANNUALLY REVIEWS STATEWIDE SALARY SURVEYS, MARKET PLACE COLA, AS WELL AS RECOMMENDATIONS OF INDEPENDENT WAGE SURVEY CONDUCTED BY THIRD PARTY. THE RECOMMENDATION OF THE WAGE & SALARY COMMITTEE IS THEN BROUGHT BEFORE THE FULL BOARD AT THE NEXT BOARD MEETING WHERE IT IS CONSIDERED, DISCUSSED, ADOPTED OR REJECTED. EXECUTIVE SESSIONS ARE ALSO USED IN THIS COMPENSATION PROCESS. |
| FORM 990, PAGE 6, PART VI, LINE 15B | SEE 15A. ABOVE |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE FINANCIAL STATEMENTS (AUDITED ANNUAL STATEMENTS) AND BYLAWS ARE AVAILABLE TO THE PUBLIC ON THE COOPERATIVE'S WEBSITE (WWW.BLACKRIVER.COOP) IN PDF FORMAT. OTHER GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC. UPON REQUEST THROUGH PUBLIC INSPECTION AT THE COOPERATIVE HEADQUARTERS OR PROVIDING COPIES TO MEMBERS UPON REQUEST TO ONE OF THE COOPERATIVE'S MANAGEMENT EMPLOYEES. |
| FORM 990, PART XI, LINE 9 | MEMBERSHIP FEES 660 OTHER EQUITIES 165,660 BENEFITS PAID TO MEMBERS 6,046,653 RETIREMENT OF PATRONAGE CAPITAL -3,784,734 TOTAL 2,428,239 |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLACK RIVER ECONOMIC DEVELOPMENT CO | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 130 | AddressLine1Txt |
| City | SUMTER | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29151 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570944854 | EIN |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | C CORP | EntityTypeTxt |
| Share Of Total Income | -$27,250 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $2,803,876 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | 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 | false | 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 | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Business Name Line2OtherOrganizationName/BusinessNameLine2Txt | Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|---|
| BLACK RIVER ECONOMIC DEVELOPMENT | |||
| CORPORATION | L | $27,858 | COST |
| BLACK RIVER ECONOMIC DEVELOPMENT | |||
| CORPORATION | Q | $14,496 | COST |