2026-02-26T08:54:46-05:00 2025-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2025-01-01 570199889 LITTLE RIVER ELECTRIC COOPERATIVE INC LITT 8643662141 PO BOX 220 ABBEVILLE SC 296200220 CHAD STONE CEO 8643663603 2026-02-21 true WILLIAM R ROUNTREE P01231836 4787466277 2026-02-26 2025 2025-03-06 01:10:19Z CHAD STONE PO BOX 220 ABBEVILLE SC 29620 39237867 false X HTTP://WWW.LRECI.COOP/ X 1940 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. 7 7 35 0 0 33958135 39037066 268313 200801 0 34226448 39237867 0 2840557 4583681 633429 498687 0 0 30437730 33930061 33911716 39012429 314732 225438 80487337 87262927 51161705 54940193 29325632 32322734 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 HIGHEST STANDARDS OF SERVICE. N/A false false false false false false false false false true false true true true false true false 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 33 0 true 35 true false false false false false 38564262 269573 false false false X 7 7 false false false false true true true true true false false true true true true true true true true false SC X TECIE NEW 8643662141 300 CAMBRIDGE STREET ABBEVILLE SC 29620 X TRAVIS BURRISS PRESIDENT 11.85 X X 20250 0 0 TERRY RICKETTS VICE PRESIDE 11.31 X X 19800 0 0 PATSY WILSON SECRETARY/TR 11.54 X X 16200 0 0 WAYNE ERWIN TRUSTEE 10.19 X 16650 0 0 MICHAEL JOHNSON TRUSTEE: JAN 1.38 X 4050 0 0 MIKE PRICE TRUSTEE 2.31 X 6750 0 0 SANDY CAMPBELL TRUSTEE 8.62 X 23400 0 0 JESSIE HAMMONDS TRUSTEE: SEP 0.62 X 3600 0 0 CHAD STONE CEO 50.00 X 313060 0 74927 STEPHEN BUSBEE OPERATION SE 50.00 X 122068 0 46954 BRET TIMMERMAN ROW & LINE I 50.00 X 123101 0 51474 MICHAEL HALL VP OF ENG. S 50.00 X 136629 0 42286 STEVEN HUGHES VP OF OPERAT 50.00 X 146861 0 47416 TECIE NEW VP OF FIN. & 50.00 X 147083 0 48980 1099502 312037 19 false true false BILL'S TREE SERVICE 1741 GREENWOOD HIGHWAY MCCORMICK SC 29835 RIGHT-OF-WAY 682033 UTILITY PARTNERS OF AMERICA PO BOX 644730 PITTSBURGH PA 15264 POLE INSPECTION 580229 CLCI SERVICES LLC 1247 PATTERSON PLANT ROAD ENOREE SC 29335 RIGHT-OF-WAY 550096 BRB UTILITY VEGETATION MANAGEMENT 120 HOLLY HILLS DRIVE HARTWELL GA 30643 RIGHT-OF-WAY 454752 EMERGENT RISK SOLUTIONS LLC 7350 JEFFERSON HWY BATON ROUGE LA 70806 CONSULTING 144191 5 ELECTRIC REVENUE 221000 38564262 38564262 G & T CAPITAL CREDITS 221000 291438 291438 OTHER CAPITAL CREDITS 221000 85866 85866 POLE RENTAL 221000 70863 70863 OTHER 221000 24637 24637 39037066 200801 200801 39237867 38966203 271664 4583681 498687 345113 1300124 2332240 PURCHASED POWER 21391147 DISTRIBUTION OPERATIONS 2866477 DISTRIBUTION MAINTENANCE 2481260 ADMIN. & GENERAL EXP. 1335109 1878591 39012429 0 0 0 3351045 5286927 4161224 4892995 1112705 1106368 280472 207893 92423368 26856848 63645426 65566520 4912685 5233369 3023780 4968855 80487337 87262927 3461360 2853047 45958320 48848742 1742025 3238404 51161705 54940193 X 114075 116495 29211557 32206239 29325632 32322734 80487337 87262927 X 225438 2771664 X false true X true false 92309 92309 1472006 937346 534660 90859053 25919502 64939551 65566520 INVESTMENT IN ASSOC ORG - NEW HORIZO 1863893 C INVESTMENTS IN ASSOC ORG - CENTRAL 1102899 C INVESTMENT IN ASSOC ORG - CEEUS 659011 C INVESTMENTS IN ASSOC ORG- CAPITAL SE 500000 C INVESTMENTS IN ASSOC ORG - CTCS 384021 C INVESTMENT IN ASSOC ORG - CFC 303163 C OTHER 277950 C INVESTMENT IN ASSOC ORG - SEDC 142432 C 5233369 STORM RESTORATION 4968855 4968855 APBO - RETIREE HEALTHCARE 1408951 DEFERRED CREDITS 1200000 CONSUMER DEPOSITS 629453 3238404 38037867 38037867 1200000 1200000 39237867 34428748 34428748 4583681 4583681 39012429 SCHEDULE D, PAGE 4, PART XI, LINE 4B DEFERRED REVENUE - ASC 980 1,200,000 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL ASSIGNED 4,583,681 X X X false false false CHAD STONE CEO 299310 4419 9331 64165 10762 387987 STEPHEN BUSBEE OPERATION SERV. MGR 114410 1638 6020 40133 6821 169022 BRET TIMMERMAN ROW & LINE INSP MGR 120459 1535 1107 37629 13845 174575 MICHAEL HALL VP OF ENG. SRVCS. 125416 4830 6383 42286 178915 STEVEN HUGHES VP OF OPERATIONS 138972 2053 5836 41416 6000 194277 TECIE NEW VP OF FIN. & ADMIN. 141569 5053 461 48980 196063 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 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 TOP MANAGEMENT IS REVIEWED AND APPROVED THROUGH THE USE OF 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 PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD. 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 VII IN ACCORDANCE WITH SOUTH CAROLINA LAW (SECTION 33-49-160), DETAILED COMPENSATION DISCLOSURES FOR THE BOARD OF TRUSTEES ARE REQUIRED TO BE ACCESSIBLE AND VISIBLE TO MEMBERS OF THE COOPERATIVE. THE COOPERATIVE MAKES THIS DETAILED INFORMATION AVIALABLE THROUGH ITS MEMBER PORTAL. FORM 990, PART XI, LINE 9 PATRONAGE CAPITAL ASSIGNED 4,583,681 MEMBERSHIPS 2,420 OTHER EQUITY 1,304,663 PATRONAGE CAPITAL CREDITS RETIRED -1,603,718 OTHER COMPREHENSIVE INCOME -315,382 DEFERRED REVENUE - ASC 980 -1,200,000 TOTAL 2,771,664 LITTLE RIVER ELECTRIC TRUST 300 CAMBRIDGE STREET ABBEVILLE SC 29620 570963364 NON-PROFIT SC 3 7 N/A false false false false false false false false false false false false false false false true false false false false LITTLE RIVER ELECTRIC TRUST O 3138 FMV 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 THE LITTLE RIVER ELECTRIC TRUST, A NONPROFIT 501(C)(3) ORGANIZATION. LITTLE RIVER ELECTRIC TRUST (THE FOUNDATION) MAINTAINS A SEPARATE BOARD OF DIRECTORS WHICH APPROVES CHARITABLE ASSISTANCE TO THE AREAS SERVED BY LITTLE RIVER ELECTRIC COOPERATIVE, INC. THE FOUNDATION HAS NO EMPLOYEES. THE TRANSACTIONS BETWEEN THE COROPORATION AND THE FOUNDATION REPORTED ON SCHEDULE R, PART V REPRESENT THE VALUE OF THE SERVICES DONATED BY THE CORPORATION TO THE FOUNDATION. SEE THE FOLLOWING WEBSITE FOR FURTHER INFORMATION: HTTPS://LRECI.COOP/SERVING-OUR-COMMUNITY/OPERATION-ROUND-UP/