2024-05-14T09:21:53-04:00 2023-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2023-01-01 570123093 BERKELEY ELECTRIC COOPERATIVE INC BERK 8437618200 PO BOX 1234 MONCKS CORNER SC 29461 MICHAEL FULLER CEO 8437618200 2024-05-13 true MICHAEL FULLER 999009999 false WILLIAM R ROUNTREE P01231836 4787466277 2024-05-14 2023 2023-04-26 12:10:37Z MICHAEL FULLER PO BOX 1234 MONCKS CORNER SC 29461 437338874 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 9 331 -106287 0 396464711 436602647 6761565 459156 4859462 87930 408085738 437149733 0 20697508 14695832 743702 811054 0 0 381831197 421642847 403272407 437149733 4813331 0 676271341 706474043 471631356 487940057 204639985 218533986 X BERKELEY ELECTRIC COOPERATIVE IS COMMITTED TO PROVIDING SAFE, RELIABLE AND AFFORDABLE ENERGY, WHILE ENHANCING THE LIVES OF THOSE WE SERVE. false false 437149733 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. 437149733 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 true true false true 123 0 true 331 true true true false false false false 429193130 1416203 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 33655 400 0 WILLIS SANDERS VICE CHAIRMA 10.00 X X 24200 400 0 CONNIE P SHULER SECRETARY/TR 10.00 X X 31007 400 0 ROBERT VANDROSS DIRECTOR 10.00 X 25850 400 0 SAM GOURDINE DIRECTOR 10.00 X 25850 400 0 HENRY CHAVIS SR DIRECTOR 10.00 X 22550 400 0 SHEILA POWELL DIRECTOR 10.00 X 28600 400 0 DENVER LEE CLAYTON DIRECTOR 10.00 X 25850 400 0 ROBERT JENKINS DIRECTOR 10.00 X 18700 400 0 MICHAEL FULLER CEO 50.00 X 484208 0 86984 TIM MOBLEY VP - ENGINEE 50.00 X 347038 0 124548 JOEL STEVENS VP - FINANCE 50.00 X 222885 0 67237 LOUISE MEADE VP - HUMAN R 50.00 X 220155 0 113970 TRENA NELSON VP - BCE 50.00 X 202392 0 94102 BRYAN REECE VP - INFO. T 50.00 X 176594 0 56333 1889534 3600 543174 85 false true false RIGHT WAY TREE EXPERTS PO BOX 191 SUMMERTON SC 29148 ROW CLEARING 2959248 PROGRESSIVE SOLUTIONS PO BOX 1130 MARSHALL AR 72650 ROW CLEARING 184372 2 ELECTRIC REVENUE 221000 429191686 429191686 PATRONAGE CAPITAL CREDITS 221000 7078912 7078912 POLE AND OTHER ATTACHMENTS 221000 332049 332049 436602647 459156 105087 354069 82854 189141 -106287 -106287 -106287 OTHER REVENUE 194217 194217 194217 437149733 436569902 -106287 686118 14695832 811054 11955241 23932960 PURCHASED POWER 313844488 DISTRIBUTION MAINTENANCE 21049408 DISTRIBUTION OPERATIONS 19521128 ADMIN. & GENERAL EXP. 17046070 14293552 437149733 0 0 0 12851894 7299250 19000000 1015816 26283148 26291566 2065747 2262174 9619538 12874263 325140 325788 809549909 186702431 578889666 622847478 27183219 33534226 52989 23482 676271341 706474043 40996497 41609647 379388210 386615381 10000000 51246649 49715029 471631356 487940057 X 508685 528645 204131300 218005341 204639985 218533986 676271341 706474043 X 0 13894001 X X false true X true false 14691343 14691343 111429397 10715551 100713846 683429169 175986880 507442289 622847478 ACCUM PROV FOR PENSION & BENEFITS 20749092 CONSUMER DEPOSITS 8690930 ASC-980 DEFERRED REVENUE 7800000 ASC-980 POSTRETIREMENT BENEFIT 4813331 ACCRUED TAXES 3414997 ACCRUED VACATION 2684823 ACCRUED PAYROLL 1421036 OTHER 140820 49715029 434149733 -3000000 -3000000 437149733 437149733 422453901 422453901 14695832 14695832 437149733 SCHEDULE D, PAGE 4, PART XI, LINE 2D NET REVENUE RECOGNIZED UNDER ASC 980 -3,000,000 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL ASSIGNED 14,695,832 X X X false false false MICHAEL FULLER CEO 446653 500 37055 64185 22799 571192 TIM MOBLEY VP - ENGINEERING 343703 500 2835 101749 22799 471586 JOEL STEVENS VP - FINANCE 219969 500 2416 44450 22787 290122 LOUISE MEADE VP - HUMAN RESOURCES 212119 500 7536 91171 22799 334125 TRENA NELSON VP - BCE 200455 500 1437 83913 10189 296494 BRYAN REECE VP - INFO. TECH 166322 500 9772 33534 22799 232927 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 19,960 PATRONAGE CAPITAL ASSIGNED 14,695,832 CHANGE IN OTHER EQUITIES 693,077 ELECTRIC REVENUE RECOGNIZED UNDER ASC 980 3,000,000 PATRONAGE CAPITAL RETIRMENTS -4,514,868 TOTAL 13,894,001 FORM 990, PART XII THE PRIOR YEAR INFORMATION HAS BEEN RECLASSIFIED TO CONFORM TO THE CURRENT YEAR PRESENTATION. BERKELEY COOPERATIVE ENTERPRISES POBOX 1234 MONCKS CORNER SC 29461 571078630 PROPANE SC N/A true true false false false false false false false false false false false false false false false true false false BERKELEY COOPERATIVE ENTERPRISES A 82854 FMV OF SQ. FT. RENTED BERKELEY COOPERATIVE ENTERPRISES Q 345858 SHARED SERVICES SCHEDULE R BERKELEY ELECTRIC COOPERATIVE, INC. (BEC) OWNS 100% OF THE OUSTANDING SHARES OF BERKELEY COOPERATIVE ENTERPRISES, INC., 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. (EIN: 57-1078631), ANOTHER SOUTH CAROLINA CORPORATION. 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.