2025-11-03T13:54:44-05:00 2024-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2024-01-01 570143233 COASTAL ELECTRIC COOPERATIVE INC COAS 8435385700 2269 JEFFERIES HIGHWAY WALTERBORO SC 294887230 MARK L WALLING PRESIDENT & CEO 8435385700 2025-10-30 true false WILLIAM R ROUNTREE P01231836 4787466277 2025-11-03 2024 2025-03-06 01:10:19Z MARK L WALLING 2269 JEFFERIES HWY WALTERBORO SC 29488 30600099 false X HTTPS://WWW.COASTAL.COOP/ X 1940 SC TO PROVIDE DIVERSIFIED, INNOVATIVE ENERGY AND RELATED SERVICES TO ITS CUSTOMERS CONSISTENT WITH SOUND BUSINESS PRACTICES, WHILE ALWAYS ACTING IN A COMMUNITY-BUILDING LEADERSHIP ROLE. 9 9 38 0 0 28365779 30329280 215410 260920 11268 9899 28592457 30600099 0 1279129 1029055 598589 679336 0 0 24228138 28891708 26105856 30600099 2486601 0 65171247 66583418 49246224 49914279 15925023 16669139 TO PROVIDE DIVERSIFIED, INNOVATIVE ENERGY AND RELATED SERVICES TO ITS CUSTOMERS CONSISTENT WITH SOUND BUSINESS PRACTICES, WHILE ALWAYS ACTING IN A COMMUNITY-BUILDING LEADERSHIP ROLE. false false N/A false false true false false false false false false true false true false true false false false false false false false false false false false false false false true false true false false false false false false false false false true false false true 58 0 true 38 true false false false false false 29977266 304372 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 JANICE AVANT 8435385700 2269 JEFFERIES HIGHWAY WALTERBORO SC 29488 JAMES M BUNTON JR CHAIRMAN 8.37 X X 530 0 10350 IAN PADGETT VICE CHAIRMA 7.92 X X 530 0 9000 TERRY HOFF SECRETARY 9.77 X X 14030 0 0 JOHHNY FRANK TREASURER 11.13 X X 530 0 15750 JAMES H COPELAND III TRUSTEE 11.63 X 19363 0 0 WENDELL MCDONALD TRUSTEE 10.90 X 16633 0 0 LAVERN POLK TRUSTEE 12.29 X 24418 0 0 JAMES C BRYAN TRUSTEE 10.00 X 14608 0 0 WILLIAM M SMOAK TRUSTEE 9.69 X 13465 0 0 LEON H BRYAN FORMER - TRU 0.00 X 44327 0 0 MARK L WALLING PRESIDENT & 50.00 X 305191 0 190611 JANICE F AVANT VP - FINANCE 50.00 X 199662 0 137476 MATTHEW BRYAN VP-ENG. & OP 50.00 X 194857 0 125310 DEANNE FENDER EXECUTIVE AS 50.00 X 150015 0 80892 RICHARD MASSEY LINEMAN SUPE 50.00 X 160748 0 75455 TIMOTHY MIXSON LEAD LINEMAN 50.00 X 165515 0 84673 1324422 729517 18 true true false XYLEM I LLC 208 E PLUME ST SUITE 250 NORFOLK VA 23510 RIGHT OF WAY 989557 GEHL FOOD SOUTHEAST LLC 181 CRESCENT WAY WALTERBORO SC 29488 RDA/ECON. INCEN 618528 ANDIS LLC 7897 TIPPENHAUER RD HIGHLAND HEIGHTS KY 41076 CONTRACTORS 405521 3 ELECTRIC SERVICE REVENUE 221000 29978266 29978266 OTHER CAPITAL CREDITS 221000 237613 237613 POLE RENTAL 221000 113401 113401 30329280 260920 260920 OTHER INCOME & DEDUCTIONS - H 221000 4099 4099 OTHER INCOME & DEDUCTIONS 221000 3100 3100 FEE INCOME - ERC LOANS 221000 1725 1725 975 975 9899 30600099 30225778 374321 1029055 1029055 635009 635009 44327 44327 145861 145861 1837812 1837812 1904763 1904763 PURCHASE POWER 15647649 15647649 DISTRIBUTION MAINTENANCE 3324049 3324049 ADMIN & GENERAL 3153964 3153964 DISTRIBUTION OPERATIONS 1687517 1687517 1190093 1190093 30600099 30600099 0 0 1110027 2816499 18 18 937300 1976754 869263 923690 548619 753187 209046 227919 77290006 24115050 55101184 53174956 4234531 4373176 2161259 2337219 65171247 66583418 4191209 4510565 250000 260853 39173619 39129826 763455 1160207 4867941 4852828 49246224 49914279 X 49670 50180 15875353 16618959 15925023 16669139 65171247 66583418 X 0 744116 X X false true X true false 1000 2000 2000 true MARGIE BRIGHT MATTHEWS 2024 2269 JEFFERIES HIGHWAY WALTERBORO SC 294887230 570143233 1000 SCHEDULE C, PART I-A, LINE 1 POLITICAL CONTRIBUTIONS DETAILED IN PART I-C. SCHEDULE C, PART IV NONE 631018 631018 2523922 1457661 1066261 69301871 21199728 48102143 2309273 2309273 52108695 INVESTMENT IN ASSOC. ORGANIZATIONS 4373176 C 4373176 ACCUM PROV FOR POSTRETIREMENT BEN 2631891 DEFERRED CREDITS 1320189 CONSUMER DEPOSITS 900748 4852828 X X X X false true false LEON H BRYAN FORMER - TRUSTEE 44327 44327 MARK L WALLING PRESIDENT & CEO 276664 6392 22135 148671 41940 495802 JANICE F AVANT VP - FINANCE & ADMIN 181584 10831 7247 98320 39156 337138 MATTHEW BRYAN VP-ENG. & OPERATIONS 165122 15198 14537 89050 36260 320167 DEANNE FENDER EXECUTIVE ASSISTANT 92362 55586 2067 49373 31519 230907 RICHARD MASSEY LINEMAN SUPERVISOR 149988 5848 4912 55770 19685 236203 TIMOTHY MIXSON LEAD LINEMAN 107203 56672 1640 53187 31486 250188 SCHEDULE J, PAGE 1, PART I, LINE 4 LEON H. BRYAN 0 44,327 0 WENDELL MCDONALD TRUSTEE MEMBER PLUS PROGRAM X 260853 false true true 260853 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 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 ANNUALLY THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED ANNUALLY THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE CEO. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCI AL STATEMENTS AVAILABLE TO THE PUBLIC AS PART OF ITS FORM 990. THE FORM 9 90 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI SECTION C LINE 18. FORM 990, PART XI, LINE 9 MEMBERSHIP FEES 510 PATRONAGE CAPITAL 1,029,055 CHANGE IN OCI 15,560 GENERAL RETIREMENT -300,000 CAPITAL CREDIT SETTLEMENT-GAINS -709 DONATED CAPITAL -300 TOTAL 744,116 FORM 990, PART XII THE COOPERATIVE'S FISCAL YEAR END IS MARCH 31ST. THE COOPERATIVE'S FINANCIAL STATEMENTS WERE AUDITED AS OF MARCH 31, 2024 AND 2023. THE COOPERATIVE RECEIVED AN UNMODIFIED (CLEAN) OPINION FOR EACH THE YEARS ENDED MARCH 31, 2025 AND 2024. COASTAL ELECTRIC TRUST 2269 JEFFERIES HIGHWAY WALTERBORO SC 294887230 576140814 CHARITY SC 3 7 NA false false false false false false false false false false false false false false false true false false false false COASTAL ELCTRIC TRUST O 2785 FULLY LOADED COST SCHEDULE R THE CORPORATION'S MEMBERS 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 COASTAL ELECTRIC TRUST (THE FOUNDATION), A NONPROFIT 501(C)(3) ORGANIZATION. THE FOUNDATION MAINTAINS A SEPARATE BOARD OF DIRECTORS WHICH APPROVES CHARITABLE ASSISTANCE TO THE AREAS SERVED BY COASTAL ELECTRIC COOPERATIVE. THE FOUNDATION HAS NO EMPLOYEES. THE TRANSACTIONS BETWEEN THE CORPORATION AND THE FOUNDATION REPORTED ON SCHEDULE R, PART V REPRESENT THE FULLY LOADED COST (APPROXIMATING FMV) OF THE SERVICES DONATED BY THE CORPORATION TO THE FOUNDATION.