2026-04-20T14:41:09-04:00 2025-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2025-01-01 570123093 BERKELEY ELECTRIC COOPERATIVE INC BERK 8437618200 PO BOX 1234 MONCKS CORNER SC 29461 MICHAEL FULLER CEO 8437618200 2026-04-20 true WILLIAM R ROUNTREE P01231836 4787466277 2026-04-20 2025 2025-03-06 01:10:19Z MICHAEL FULLER PO BOX 1234 MONCKS CORNER SC 29461 594975655 false X WWW.BEC.COOP X 1940 SC BERKELEY ELECTRIC COOPERATIVE IS COMMITTED TO PROVIDING SAFE, RELIABLE AND AFFORDABLE ENERGY, WHILE ENHANCING THE LIVES OF THOSE WE SERVE. 9 9 342 214105 0 486489659 590160490 1471339 4231097 229363 494216 488190361 594885803 0 33811944 40212006 815504 877115 0 0 453562913 553796682 488190361 594885803 0 766173909 791195308 537448481 533430696 228725428 257764612 X BERKELEY ELECTRIC COOPERATIVE IS COMMITTED TO PROVIDING SAFE, RELIABLE AND AFFORDABLE ENERGY, WHILE ENHANCING THE LIVES OF THOSE WE SERVE. false false 594885803 TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SOUTH CAROLINA COUNTIES OF BERKELEY, CHARLESTON AND DORCHESTER COUNTIES AT A REASONABLE COST, CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. TO PROVIDE AFFORDABLE, SAFE AND RELIABLE ELECTRIC SERVICE TO OUR MEMBER OWNERS. 594885803 false false false false false false false false false true false true 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 true true false true 131 0 true 342 true true true false false false false 585896100 4680798 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 JOEL STEVENS 8437618200 PO BOX 1234 MONCKS CORNER SC 29461 H WAYNE DEWITT CHAIRMAN 12.00 X X 31636 400 0 WILLIS SANDERS VICE CHAIRMA 10.00 X X 27225 400 0 CONNIE P SHULER SECRETARY/TR 10.00 X X 23034 400 0 ROBERT VANDROSS DIRECTOR 10.00 X 25300 400 0 SAM GOURDINE DIRECTOR 10.00 X 31625 400 0 HENRY CHAVIS SR DIRECTOR 10.00 X 21725 400 0 CLAY HELMS DIRECTOR 10.00 X 1100 100 0 ROBERT JENKINS DIRECTOR 10.00 X 16775 400 0 DEBBIE CHATMAN BRYANT DIRECTOR 10.00 X 1100 100 0 SHEILA POWELL DIRECTOR: JA 10.00 X 20350 200 0 DENVER LEE CLAYTON DIRECTOR: JA 10.00 X 14025 300 0 MICHAEL FULLER CEO 50.00 X 567840 0 95380 LOUISE MEADE VP - HUMAN R 50.00 X 274746 0 135658 JOEL STEVENS VP - FINANCE 50.00 X 277855 0 81897 TONY VINCENT VP - PUBLIC 50.00 X 225948 0 70473 AMY LANGDON VP - INFO TE 50.00 X 224398 0 108065 THOMAS HARVEY VP - OPERATI 50.00 X 221369 0 116158 2006051 3500 607631 141 false true false SUMTER UTILITIES PO BOX 846391 DALLAS TX 75201 CONSTRUCTION 9094567 XYLEM TREE EXPERTS 208 EAST PLUME ST STE 250 NORFOLK VA 23510 ROW CLEARING 3651938 PINNACLE CONSTRUCTION PO BOX 51505 SUMMERVILLE SC 29483 BORING 2030701 UTILIQUEST 2575 WESTSIDE PKWY ALPHARETTA GA 30004 UNDERGROUND SVC 1020450 AMPIRICAL SOLUTIONS LLC 1654 OCHSNER BLD COVINGTON LA 70433 ENGINEERING 589451 9 ELECTRIC REVENUE 221000 585783428 585783428 PATRONAGE CAPITAL CREDITS 221000 4044250 4044250 POLE AND OTHER ATTACHMENTS 221000 332812 332812 590160490 4231097 137957 4093140 79654 89852 -10198 -10198 -10198 OTHER REVENUE 221000 280111 280111 GRIP GRANT FUNDS 221000 224303 224303 504414 594885803 590245746 214105 4425952 40212006 877115 13952539 26047296 GRIP GRANT EXPENDITURES 224303 PURCHASED POWER 433776452 DISTRIBUTION MAINTENANCE 23631920 ADMIN. & GENERAL EXP. 20289990 35874182 594885803 0 0 0 97412311 72661994 16496179 5000000 27660327 16954577 2677999 3110613 11465605 13104793 372311 295631 860989160 222275074 572302312 638714086 37539217 41070934 247648 282680 766173909 791195308 46270797 61004257 403350972 390362627 15000000 72826712 82063812 537448481 533430696 X 549050 574125 228176378 257190487 228725428 257764612 766173909 791195308 X 0 29039184 X X false true X true false 14691343 14691343 111709038 17315600 94393438 734588779 204959474 529629305 638714086 INVESTMENT IN ASSOC.- CENTRAL 21496043 C INVESTMENT IN ASSOC.- CEEUS 15137683 C INVESTMENTS IN ASSOC. - OTHER 4437208 C 41070934 ASC-980 DEFERRED REVENUE 35000000 ACCUM PROV FOR PENSION & BENEFITS 22848826 CONSUMER DEPOSITS 11398540 ACCRUED TAXES 4919389 ASC-980 POSTRETIREMENT BENEFIT 3802628 ACCRUED VACATION 3453255 ACCRUED PAYROLL 466651 OTHER 174523 82063812 597874406 3212906 3212906 594661500 224303 224303 594885803 564619690 10170196 10170196 554449494 40436309 40436309 594885803 SCHEDULE D, PAGE 4, PART XI, LINE 2D TAXABLE SUBSIIDARY - GROSS INCOME 3,212,906 SCHEDULE D, PAGE 4, PART XI, LINE 4B GRIP GRANT FUNDS RECEIVED 224,303 SCHEDULE D, PAGE 4, PART XII, LINE 2D DEFERRED REVENUE UNDER ASC 980 7,200,000 TAXABLE SUBSIDIARY - EXPENSES 2,970,196 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL ASSIGNED 40,212,006 GRIP GRANT EXPENDITURES 224,303 X X X false false false MICHAEL FULLER CEO 525213 1080 41547 70595 24785 663220 LOUISE MEADE VP - HUMAN RESOURCES 256719 1080 16947 110873 24785 410404 JOEL STEVENS VP - FINANCE 273685 1080 3090 57091 24806 359752 TONY VINCENT VP - PUBLIC RELATION 218372 1066 6510 45988 24485 296421 AMY LANGDON VP - INFO TECHNOLOGY 216836 1379 6183 93274 14791 332463 THOMAS HARVEY VP - OPERATIONS 213148 1457 6764 91652 24506 337527 SCHEDULE J, PART III SOUTH CAROLINA STATE LAW (33-49-615) REQUIRES SOUTH CAROLINA ELECTRIC MEMBERSHIP CORPORATIONS TO MAKE SPECIFIC COMPENSATION DISCLOSURES AVAILABLE TO ITS MEMBERS. THESE DISCLOSURES ARE IN EXCESS OF THE COMPENSATION DISCLOSURES REQUIRED BY FORM 990 AND ARE MADE AVAILABLE TO ITS MEMBERS THROUGH BERKELEY ELECTRIC COOPERATIVE'S MEMBER PORTAL. FORM 990, PAGE 2, PART III, LINE 4D TO PROVIDE AFFORDABLE, SAFE AND RELIABLE ELECTRIC SERVICE TO OUR MEMBER OWNERS. 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 EXECUTIVE MANAGEMENT REVIEWS FORM 990 WITH THE BOARD WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM. FORM 990, PAGE 6, PART VI, LINE 12C THE COOPERATIVE REGULARLY AND CONSISTENTLEY MONITORS AND ENFORCES COMPLIANCE WITH THE FOLLOWING POLICIES, WHICH ARE INCLUDED AS A PART OF THIS RETURN: BOARD POLICY 217 BOARD POLICY 218 PERSONNEL POLICY 448 PERSONNEL POLICY 449 FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S BOARD POLICY 203 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 BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S BOARD POLICY 203 WHICH IS INCLUDED AS A 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 XI, LINE 9 CHANGE IN MEMBERSHIP FEES 25,075 PATRONAGE CAPITAL ASSIGNED 40,212,006 CHANGE IN OTHER EQUITIES 4,314,465 PATRONAGE CAPITAL RETIRMENTS -8,312,362 ELECTRIC REVENUE DEFERRED UNDER ASC 980 -7,200,000 TOTAL 29,039,184 BERKELEY ELECTRIC TRUST PO BOX 1234 MONCKS CORNER SC 29461 570956017 CHARITY SC 3 7 N/A false BERKELEY COOPERATIVE ENT (BCE) POBOX 1234 MONCKS CORNER SC 29461 571078630 HOLDING CO SC N/A true BERKELEY PROPANE COMPANY (BPC) PO BOX 1234 MONCKS CORNER SC 29461 571078631 PROPANE SC N/A true true false false false false false false false false false false false false false true false false false false BERKELEY PROPANE COMPANY A 79654 FMV OF SQ. FT. RENTED BERKELEY PROPANE COMPANY O 112196 SHARED SERVICES BERKELEY ELECTRIC TRUST O 36283 SHARED SERVICES SCHEDULE R SCHEDULE R, PART II MEMBERS OF BERKELEY ELECTRIC COOPERATIVE, INC. 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 BERKELEY ELECTRIC TRUST (THE FOUNDATION), A NONPROFIT 501(C)(3) ORGANIZATION. THE FOUNDATION MAINTAINS A SEPARATE BOARD OF DIRECTORS WHICH APPROVES CHARITABLE ASSISTANCE IN THE AREAS SERVED BY BERKELEY ELECTRIC COOPERATIVE, INC. 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. SCHEDULE R, PART IV BERKELEY ELECTRIC COOPERATIVE, INC. (BEC) OWNS 100% OF THE OUSTANDING SHARES OF BERKELEY COOPERATIVE ENTERPRISES, INC. (BCE), AN ENTITY ORGANIZED AS A CORPORATION IN THE STATE OF SOUTH CAROLINA. BERKELEY COOPERATIVE ENTERPRISES, INC. IS A HOLDING COMPANY THAT OWNS 100% OF THE OUTSTANDING SHARES OF BERKELEY PROPANE, INC. (BPC), ANOTHER SOUTH CAROLINA CORPORATION. BCE AND BPC FILE A CONSOLIDATED TAX RETURN ANNUALLY AND ARE CONTROLLED ENTTIIES OF BERKELEY ELECTRIC COOPERATIVE, INC. BEC'S DIRECTORS SERVE ON THE BOARD OF BERKELEY COOPERATIVE ENTERPRISES, INC. AND RECEIVE COMPENSATION FOR THEIR SERVICES WHICH IS REPORTED ON PART VII, COLUMN E.