2025-11-06T15:53:59-05:00 2024-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2024-01-01 570196563 LAURENS ELECTRIC COOPERATIVE INC LAUR 8646823141 PO BOX 700 LAURENS SC 29360 MATTHEW D STANLEY PRES & CEO 8646823141 2025-11-05 true false JASON A PEACOCK P00978537 4787466277 2025-11-06 2024 2025-03-06 01:10:19Z MATTHEW D STANLEY PO BOX 700 LAURENS SC 29360 164269995 false X WWW.LAURENSELECTRIC.COM X 1939 SC TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. 9 9 163 524566 0 147243255 161660266 390143 182170 1289409 1215338 148922807 163057774 0 2203707 7987967 1093356 722828 0 0 145625744 154346979 148922807 163057774 0 297132182 335703725 184205943 217024907 112926239 118678818 X TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM 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 AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHTEST STANDARDS OF SERVICE. 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 false false false false false false false false false true false false false true 44 0 true 163 true true true false false false false 159192862 1453485 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 MATTHEW D STANLEY 8646823141 PO BOX 700 LAURENS SC 29360 MATTHEW D STANLEY PRES & CEO 50.00 X 325606 0 115672 NATHAN BROWN VP-ENGINEER& 50.00 X 247383 0 110090 JIM DONAHOO VP MARKETING 50.00 X 220340 0 102949 CHAD ARMSTRONG VP OF HUMAN 50.00 X 218861 0 101588 CHRISTOPHER J MIERS VP,MEMBER SE 50.00 X 208045 0 98727 DANIEL OTT VP OF IT 50.00 X 173559 0 85090 MARCUS COOK TRUSTEE 5.00 X 59893 0 0 JOE T NICHOLSON TRUSTEE 5.00 X 36225 0 0 MITCHELL POWERS SECRETARY/TR 5.00 X X 35038 0 0 CHARLES E ADAIR CHAIRMAN 5.00 X X 33194 0 0 WILLIAM HENDRIX VICE CHAIRMA 5.00 X X 29753 0 0 EDDIE ABRAMS TRUSTEE 5.00 X 27698 0 0 JIMMIE PERRY TRUSTEE 5.00 X 25948 0 0 REID FISHER TRUSTEE 5.00 X 21848 0 0 JANICE CUNNINGHAM TRUSTEE 5.00 X 11953 0 0 1675344 614116 61 false true false SUMTER UTILITIES INC 1151 N PIKE W SUMTER SC 29153 SYSTEM REPAIR 3851005 CLCI SERVICES LLC 1247 PATTERSON PLANT ROAD ENOREE SC 29335 ROW CLEARING 2679619 SPE UNITLITY CONTRACTORS LLC 440 DOVE ROAD A PORT HURON MI 48060 STORMWORK 2131075 ASPLUNDH LLC 708 BLAIR MILL ROAD WILLOW GROVE PA 19090 ROW CLEARING 1740326 PIKE ENTERPRISES LLC 615 S COLLEGE ST CHARLOTTE NC 28202 SYSTEM REPAIR 1649517 20 ELECTRIC REVENUE 221000 159192862 159192862 G&T AND OTHER CAPITAL CREDITS 221000 2265021 2265021 POLE RENTAL 221000 202383 202383 161660266 182170 182170 1736787 1212221 524566 524566 OTHER ELECTRIC REVENUE 221000 690772 690772 690772 163057774 162148655 524566 384553 7987967 722828 6216731 9319311 PURCHASED POWER 100418787 DISTRIBUTION OPERATIONS 12484446 ADMIN & GENERAL EXP 9823146 DISTRIBUTION MAINTENANCE 9538626 6545932 163057774 0 0 0 3999560 4185383 4610666 209987 17900359 19711466 3310863 4640911 694005 556850 381778929 104147091 244005838 277631838 16093394 18731268 6517497 10036022 297132182 335703725 17435952 20797754 163742187 189198549 3027804 7028604 184205943 217024907 X 340500 347220 112585739 118331598 112926239 118678818 297132182 335703725 X 0 5752579 X false true X true false 1000 1000 false BANNISTER FOR HOUSE OF REP 510 GRESSETTE BLDG COLUMBIA SC 29201 1000 SCHEDULE C, PART I-A, LINE 1 POLITICAL CONTRIBUTIONS DETAILED IN I-C. 10697940 10697940 371080989 104147091 266933898 277631838 INVESTMENT IN ASSOC. ORG-NEW H 7810998 C INVESTMENT IN ASSOC. ORG.-CENTRAL 4088495 C INVESTMENT IN ASSOC. ORG.-CEEUS 3012024 C INVESTMENT IN NRUCFC 2629516 C INVESTMENT IN ASSOC. ORG.-FEDE 610706 C INVESTMENT IN ASSOC. ORG-PRTC 495691 C OTHER INVESTMENT IN ASSOC. ORG 82721 C INVESTMENT IN ASSOC. ORG.-COBA 1117 C 18731268 REGULATORY LIABILITY-ASC 980 3500000 CONSUMER DEPOSITS 2883759 OTHER 644845 7028604 X X X false false false MATTHEW D STANLEY PRES & CEO 288055 26614 10937 93145 22527 441278 NATHAN BROWN VP-ENGINEER&OPER 222434 17000 7949 87563 22527 357473 JIM DONAHOO VP MARKETING AND BUS 200942 13114 6284 80422 22527 323289 CHAD ARMSTRONG VP OF HUMAN RESOUR 197676 15000 6185 79061 22527 320449 CHRISTOPHER J MIERS VP,MEMBER SERVICES 189560 12500 5985 76200 22527 306772 DANIEL OTT VP OF IT 155884 13041 4634 62563 22527 258649 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 IT 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 THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD AS WELL AS MARKET DATA OBTAINED FROM STATEWIDE RESEARCH AND A NATIONAL SURVEY. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE CEO AS WELL AS MARKET STATISTICS. 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 MEMBERSHIP FEES 6,720 RETIRED CAPITAL CREDITS GAIN/OTHER 158,393 BENEFITS PAID TO MEMBERS 7,987,967 OTHER COMPREHENSIVE INCOME 2,606,178 CAPITAL CREDIT RETIREMENTS -5,006,679 TOTAL 5,752,579 ALARM MONITORING CENTER OF SC LLC 2254 HWY 14 LAURENS SC 29630 571066653 SECURITY A SC -3222 84352 LAURENS EC 1939 LAND MANAGEMENT LLC 2254 HWY 14 LAURENS SC 29630 824664489 LAND DEVEL SC -90990 10814434 LAURENS EC