2025-10-31T12:04:20-04:00 2024-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2024-01-01 570201923 LYNCHES RIVER ELECTRIC COOPERATIVE INC LYNC 8436726111 PO BOX 308 PAGELAND SC 29728 BRIAN W BROUGHTON CEO 8436726111 2025-10-29 true false JASON A PEACOCK P00978537 4787466277 2025-10-31 2024 2025-03-06 01:10:19Z BRIAN W BROUGHTON PO BOX 308 PAGELAND SC 29728 66070281 false X WWW.LYNCHESRIVER.COM X 1939 SC TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. 9 9 74 0 0 63142532 66107962 185330 190573 958614 -228254 64286476 66070281 0 3094215 4275107 535713 482504 0 0 59171950 61560144 62801878 66317755 1484598 -247474 143539014 148702586 90861286 91108285 52677728 57594301 X TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. false false TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. N/A false false false false false false false false false true false false false true false false 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 149 0 74 true false false false false false 61734268 3837927 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 LYNCHES RIVER ECI 8436726111 PO BOX 308 PAGELAND SC 29728 BRIAN W BROUGHTON CEO 50.00 X 214284 0 69600 DUSTIN CATOE CFO 45.00 X 168630 0 60370 GREGORY JORDAN VP ENGINEER/ 45.00 X 123594 0 56897 JOSEPH WRIGHT CREW LEADER 45.00 X 125819 0 51036 THOMAS GRAVITT STAKING TECH 45.00 X 125442 0 41429 ALEX HONEYCUTT LINEMAN FIRS 45.00 X 130739 0 33348 KEVIN SIMS TRUSTEE 2.31 X 43954 0 0 CINDY VINCENT VICE CHAIR 9.26 X X 28954 0 7100 MIKE CRAWFORD TRUSTEE 2.68 X 25820 0 0 STEVE CHEWNING CHAIRMAN 9.48 X X 20924 0 0 HAROLD GARDNER TRUSTEE 6.25 X 10222 0 7675 JOHN T BLACKWELL TRUSTEE 2.60 X 17345 0 0 BILLY KING JR TRUSTEE 2.99 X 14126 0 0 THERESA S HICKS SECRETARY/TR 10.81 X X 13850 0 0 MYRTLE L FAILE TRUSTEE JAN- 1.20 X 4975 0 0 LYN GARDNER TRUSTEE OCT- 2.70 X 3675 0 0 1072353 327455 23 false true false SOUTHEASTERN LIMB AND TREE 465 FORDVILLE RD RIDGELAND SC 29936 RIGHT OF WAY 2643647 LEE ELECTRICAL CONSTRUCTION 12828 US-501 ABERDEEN NC 28315 UTILITIES 771381 CRAM INDUSTRIES LLC 2560 US HIGHWAY 22 SCOTCH PLAINS NJ 07076 BROADBAND 487397 MOMENTUM TELECOM INC 29361 NETWORK PLACE CHICAGO IL 606731293 TELECOM 141285 FIBER OPTICS SOLUTIONS LLC PO BOX 2570 WEAVERVILLE NC 28787 FIBER INSTALL 110209 6 ELECTRIC REVENUE 221000 65208518 65208518 OTHER CAPITAL CREDITS 221000 455384 455384 G & T CAPITAL CREDITS 221000 368623 368623 POLE RENTAL 221000 75437 75437 66107962 190573 190573 OTHER 221000 19222 19222 SUBSIDIARY EARNINGS 221000 -247476 -247476 -228254 66070281 65804271 266010 4275107 482504 2928034 5303232 PURCHASED POWER 37342880 DISTRIBUTION MAINTENANCE 6811440 DISTRIBUTION OPERATIONS 4498149 ADMIN. & GENERAL EXP. 2383681 2292728 66317755 0 0 0 1516200 1595102 101083 8057566 7369551 4304307 4946171 6913223 4540462 96418 385812 183169762 64013057 116377236 119156705 4691974 5084794 1481007 5623989 143539014 148702586 6002029 6694636 83553321 81473955 1305936 2939694 90861286 91108285 X 110365 112095 52567363 57482206 52677728 57594301 143539014 148702586 X -247474 5164047 X false true X true false 295263 295263 182874499 64013057 118861442 119156705 CONSUMER DEPOSITS 2274566 DEFERRED CREDITS 665128 2939694 X X X X X false false false BRIAN W BROUGHTON CEO 213659 625 50193 19407 283884 DUSTIN CATOE CFO 168360 270 36701 23669 229000 GREGORY JORDAN VP ENGINEER/OPS 122433 1161 33383 23514 180491 JOSEPH WRIGHT CREW LEADER 125615 204 28202 22834 176855 THOMAS GRAVITT STAKING TECHNICIAN 125220 222 29684 11745 166871 ALEX HONEYCUTT LINEMAN FIRST CLASS 130535 204 21679 11669 164087 FORM 990, PAGE 2, PART III, LINE 4D N/A FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE AVAILABLE ON THE COOPERATIVE'S WEBSITE. 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 AVAILABLE ON THE COOPERATIVE'S WEBSITE. 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 AVAILABLE ON THE COOPERATIVE'S WEBSITE. 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 AN INDEPENDENT COMPENSATION CONSULTANT AND A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR OTHER KEY MANAGEMENT POSITIONS IS REVIEWED AND APPROVED THROUGH THE USE OF A COMPENSATION SURVEY. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE MAKES ITS 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. THE COOPERATIVE'S BYLAWS ARE AVAILABLE ON THE COOPERATIVE'S WEBSITE. FORM 990, PART XI, LINE 9 ACCUMULATED OCI 1,752,534 OTHER EQUITIES 114,061 PATRONAGE ALLOCATIONS 4,275,107 MEMBERSHIP 1,730 PATRONAGE CAPITAL RETIREMENTS -979,385 TOTAL 5,164,047 LYNCHES RIVER ELECTRIC TRUST PO BOX 308 PAGELAND SC 29728 576150588 CHARITY SC 3 7 NA false LYNCHES RIVER COMMUNICATIONS INC PO 308 PAGELAND SC 29728 843209062 INTERNET SC LRECI C CORP 2543338 4437612 1.00000 false false false false false false false false false false false false false false false true true false false false LYNCHES RIVER COMMUNICATIONS P 3474247 COST LYNCHES RIVER ELECTRIC TRUST O 4773 FMV SCHEDULE R THE CORPORATION'S MEMBERS CAN PARTICIPATE IN AN OPERATION ROUNDUP PROGRAM AND AHVE THEIR ELECTRIC BILL ROUNDED TO THE NEXT HIGHEST WHOLE DOLLAR EACH MONTH. THESE FUNDS ARE TREATED AS CONTRIBTUIONS TO LYNCHES RIVER ELECTRIC TRUST (THE TRUST), A NONPROFIT 501(C)(3) ORGANIZATION. THE TRUST MAINTAINS A SEPARATE BOARD OF TRUSTEES WHICH APPROVES CHARITABLE ASSISTANCE TO THE AREAS SERVED BY LYNCHES RIVER ECI. THE TRUST HAS NO EMPLOYEES. THE TRANSACTIONS BETWEEN THE CORPORATION AND THE TRUST REPORTED ON SCHEDULE R, PART V REPRESENT THE VALUE OF THE SERVICES DONATED BY THE CORPORATION TO THE TRUST.