2017-11-13T17:03:49-05:00 2016-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2016-01-01 570124487 BLACK RIVER ELECTRIC COOPERATIVE INC BLAC 8034698060 PO BOX 130 SUMTER SC 291510130 CHARLES R ALLEN CEO 8034698060 2017-11-13 true BRYAN A ISGETT P01441928 4787466277 2017-11-13 6166896789E7932E3ABB2EA10CB981F834F7D977 DE624E79D3FDB7B117F78ADC73FB33944D56C78F 2016 2018-03-14 21:41:22Z CHARLES R ALLEN PO BOX 130 SUMTER SC 291510130 77858826 false X WWW.BLACKRIVER.COOP X 1939 SC DISTRIBUTION OF ELECTRICITY TO RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL MEMBERS WITHIN THE COOPERATIVE'S ASSIGNED SERVICE TERRITORIES. 9 9 76 0 0 78998860 77322145 295136 158674 291524 351107 79585520 77831926 0 9056151 6046653 5987152 6053575 0 0 64542217 65731698 79585520 77831926 0 95368573 96764503 24688213 23655904 70680360 73108599 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. false false N/A false false true false false false false false false true false true false true false true true false false false false false false false false false false false true false false false false false false false false false false false true false false true 57 0 true 76 true false false false false false 77297776 353209 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 X BETTY J WELSH 8034698060 1121 N PIKE RD WEST SUMTER SC 29513 ROWLAND ALSTON CHAIRMAN-TRU 7.00 X X 0 0 22411 MARY B SHERIDAN VICE CHAIR-T 5.00 X X 17126 0 0 GEORGE R GIBSON SEC./TREAS.- 5.00 X X 0 0 18511 ODELL WILLIAMS CHAPLAIN-TRU 5.00 X 20038 0 0 CONNIE BRITTON TRUSTEE 4.00 X 12239 0 0 RONALD FOUNTAIN TRUSTEE 6.00 X 19403 0 0 THOMAS M JACKSON TRUSTEE 4.00 X 15203 0 0 DR RONALD PRESTAGE TRUSTEE 4.00 X 9126 0 0 DAVID L TINDAL TRUSTEE 3.00 X 18151 0 0 CHARLES R ALLEN CEO 50.00 X 208420 0 80980 BETTY J WELSH VP FINANCE & 60.00 X 160659 0 51020 CHARLES H LEAIRD (RETIRED CEO X 139812 0 0 DAVID W BRANHAM DISTRICT MAN 42.00 X 105337 0 2399 BRENDA P CHASE GOVERN & PUB 42.00 X 104828 0 5922 GREGORY HOWARD LINE SUPERIN 42.00 X 104607 0 31091 CHARLIE RICHARDSON FOREMAN 45.00 X 103669 0 821 JAMES F MOYE ENGINEERING 42.00 X 102752 0 31092 1141370 244247 10 true true false STATE TREE SERVICE LLC 852 S GUIGNARD DR SUMTER SC 29150 RIGHT OF WAY/TR 560890 POWER LINE CLEARING PO BOX 971 SUMTER SC 29150 RIGHT OF WAY/TR 397459 GDS ASSOCIATES INC 1850 PARKWAY PLACE MARIETTA GA 30067 ENGINEERING CON 212358 EXCELERON SOFTWARE 8144 WALNUT HILL LN DALLAS TX 75231 SOFTWARE VENDOR 156832 ENVELOPES & FORMS 2505 MEADOWBROOK PKY DULUTH GA 30096 BILL PRINT VEND 139329 9 ELECTRIC REVENUE 221000 77297776 77297776 POLE RENTAL 221000 24369 24369 77322145 181486 181486 4088 26900 -22812 -22812 -22812 CAPITAL CREDITS 900099 378357 378357 EQUITY EARNINGS SUBSIDIARY 900099 -27250 -27250 351107 77831926 77648883 183043 6046653 6046653 653287 653287 3069666 3069666 1263454 1263454 660960 660960 406208 406208 26527 26527 58242 58242 7715 7715 661497 661497 291806 291806 91136 91136 300673 300673 4155379 4155379 152472 152472 PURCHASE POWER 54862381 54862381 OPS, MAINT,CONS, A&G 2664204 2664204 PROPERTY TAX 1908961 1908961 GROSS RECEIPTS/EXCISE TAX 550705 550705 77831926 77831926 0 0 7548820 7391538 4741990 4733041 4185319 5228439 272914 313375 419635 506421 375777 351540 126720840 56141832 70397286 70579008 7374376 7608779 52456 52362 95368573 96764503 5737062 6507571 11350000 9550000 7601151 7598333 24688213 23655904 X 70680360 73108599 70680360 73108599 95368573 96764503 0 2428239 X false true X true false 250 250 250 true HUGH LEATHERMAN FOR SC SENATE PO BOX 142 FLORENCE SC 29501 261823536 250 SCHEDULE C, PART I-A, LINE 1 POLITICAL CAMPAIGN CONTRIBUTIONS FOR STATE ELECTIONS, AS ALLOWED BY SOUTH CAROLINA LAW. 643641 643641 4411262 2030705 2380557 121665937 54111127 67554810 70579008 INVESTMENT IN ASSOC. ORGANIZATIONS 4995844 C INVESTMENT IN SUBSIDIARY 1764718 SPECIAL FUNDS 848217 F 7608779 REGULATORY LIABILITY-ASC 980 4000000 CONSUMER DEPOSITS 2896362 OTHER LONG-TERM LIABILITIES 701971 7598333 77831926 77831926 77831926 71785273 71785273 6046653 6046653 77831926 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 6,046,653 X X true true X X X X false true false CHARLES R ALLEN CEO 198420 10000 70327 10653 289400 BETTY J WELSH VP FINANCE & ADMIN 145267 5392 10000 48327 2693 211679 CHARLES H LEAIRD (RETIRED CEO-01/2015 139812 139812 139812 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. 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 BLACK RIVER ECONOMIC DEVELOPMENT CO PO BOX 130 SUMTER SC 29151 570944854 SC N/A C CORP -27250 2803876 1.00000 false false false false false false false false false false false false true false false false true false false false BLACK RIVER ECONOMIC DEVELOPMENT CORPORATION L 27858 COST BLACK RIVER ECONOMIC DEVELOPMENT CORPORATION Q 14496 COST