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Nonprofit · EIN 57-0184136

HORRY ELECTRIC COOPERATIVE INC

Tax-exempt · CONWAY, SC 29528

Financials

$203.5M$203.5M2023$215.7M$215.7M2024$220.6M$220.6M2025
Revenue Expenses · by fiscal year end
Financials of HORRY ELECTRIC COOPERATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$220,610,363$220,610,363$0$516,391,266$284,960,871$231,430,395
December 31, 2024990$215,739,609$215,739,609$0$479,146,872$257,401,148$221,745,724
December 31, 2023990$203,480,097$203,480,097$0$459,257,637$247,802,522$211,455,115
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$213,909,593
Investment income
$1,677,926
Other revenue
$5,022,844

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$13,530,975
Compensation of officers, directors and key employees
$1,059,495
Salaries, compensation and benefits (total)
$1,059,495
Professional fundraising fees
$0
Depreciation
$13,741,148

Balance sheet and other

Total assets, start of year
$479,146,872
Total assets, end of year
$516,391,266
Total liabilities, end of year
$284,960,871
Net assets, end of year
$231,430,395
Land, buildings and equipment
$371,481,442
Gross receipts
$220,610,363
Employees
198
Year formed
1940
State of legal domicile
SC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
J REED COOPERCEO - (INCOM
Officer
50$276,234$139,794
DANIEL B SHELLEYCEO - (OUTGO
Officer
50$397,423$11,936
KISHA ROBERTSCFO
Highest-paid employee
50$205,671$120,476
KEVIN JORDANSUPVR ENGINE
Highest-paid employee
50$204,856$114,646
BURROUGHS W NOBLESMANAGER OF O
Highest-paid employee
50$200,121$118,402
CHRISTOPHER TEEMSMGR-SPECIAL
Highest-paid employee
50$198,635$117,353
JODI JORDANOFFICE MANAG
Highest-paid employee
50$191,474$114,446
JAMES P HOWLEFORMER CEO
Former
–$154,913$0
EUGENE HARRIOTT JRVICE PRESIDE
Trustee or director, Officer
12.31$34,355$0
DEBORAH GIVENSTRUSTEE
Trustee or director
10.88$32,081$0
RONALD H FLOYDTRUSTEE
Trustee or director
11.67$29,634$0
FREDDY THOMPKINSTRUSTEE
Trustee or director
9.31$27,523$0
FRANKIE BLANTON SRTRUSTEE
Trustee or director
10.73$25,386$0
AARON JOHNSONTRUSTEE
Trustee or director
12.12$23,437$0
JODY PRINCETRUSTEE
Trustee or director
9.15$20,994$0
3 more people on this return
NameTitleHours / weekCompensation
JOHNNY SHELLEYPRESIDENT
Trustee or director, Officer
10.85$18,727
ELAINE GORESEC/TREASURE
Trustee or director, Officer
9.69$18,682
CLYDE ASHLEY ANDERSONTRUSTEE
Trustee or director
6.8$3,289
990 for the year ended December 31, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
DANIEL B SHELLEYCEO
Officer
50$393,580$183,077
J REED COOPERMANAGER-ENG.
Highest-paid employee
50$227,145$126,651
KISHA ROBERTSCFO
Highest-paid employee
50$191,261$110,553
BURROUGHS W NOBLESMANAGER OF O
Highest-paid employee
50$191,236$110,309
CHRISTOPHER TEEMSMGR-SPECIAL
Highest-paid employee
50$190,354$110,057
KEVIN JORDANSUPVR ENGINE
Highest-paid employee
50$189,874$108,462
JAMES P HOWLEFORMER CEO
Former
–$140,829$0
EUGENE HARRIOTT JRVICE PRESIDE
Trustee or director, Officer
12.46$32,021$0
JODY PRINCETRUSTEE
Trustee or director
7.92$31,555$0
RONALD H FLOYDTRUSTEE
Trustee or director
11.19$25,850$0
FREDDY THOMPKINSTRUSTEE
Trustee or director
8.42$23,784$0
FRANKIE BLANTON SRTRUSTEE
Trustee or director
9.92$21,098$0
AARON JOHNSONTRUSTEE
Trustee or director
10.19$16,843$0
ELAINE GORETRUSTEE
Trustee or director
8.23$15,671$0
CLYDE ASHLEY ANDERSONSEC/TREASURE
Trustee or director, Officer
8.15$14,591$0
JOHNNY SHELLEYPRESIDENT
Trustee or director, Officer
9.48$14,170$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
DANIEL B SHELLEYCEO
Officer
50$374,390$176,334
JOHNNY R COOPERMANAGER-ENGI
Highest-paid employee
50$216,207$123,496
CHRISTOPHER TEEMSMGR-SPECIAL
Highest-paid employee
50$186,812$107,381
BURROUGHS W NOBLESMANAGER OF O
Highest-paid employee
50$182,004$105,613
KISHA ROBERTSCFO
Highest-paid employee
50$182,015$105,141
KEVIN JORDANSUPVR ENGINE
Highest-paid employee
50$179,947$104,232
JAMES P HOWLEFORMER CEO
Former
–$125,951$0
EUGENE HARRIOTT JRVICE PRESIDE
Trustee or director, Officer
11.54$28,935$0
RONALD H FLOYDTRUSTEE
Trustee or director
11.35$26,159$0
FREDDY THOMPKINSTRUSTEE
Trustee or director
9$24,338$0
FRANKIE BLANTON SRTRUSTEE
Trustee or director
9.46$19,352$0
ELAINE GORETRUSTEE
Trustee or director
9.31$18,073$0
JOHNNY SHELLEYPRESIDENT
Trustee or director, Officer
10.69$16,842$0
AARON JOHNSONTRUSTEE
Trustee or director
10.38$16,640$0
JODY PRINCETRUSTEE
Trustee or director
9.17$16,150$0
HENRY W BOYDTRUSTEE - FO
Former
–$15,363$0
CLYDE ASHLEY ANDERSONSEC/TREASURE
Trustee or director, Officer
8.31$14,475$0

Address and contacts

Address (IRS master file)
PO BOX 119, CONWAY, SC 29528-0119
Principal officer (990 for 2025)
J REED COOPER, PO BOX 119, CONWAY, SC 29528
Signed the 990
J REED COOPER, CEO - (INCOMING)
Phone
(843) 369-2211
Return prepared by
MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC

Mission

HORRY ELECTRIC COOPERATIVE, INC. IS A NON-PROFIT, MEMBER-OWNED ORGANIZATION PROVIDING INFORMATION AND ENERGY-RELATED SERVICES ON A FAIR AND EQUITABLE BASIS.

990 for the year ended December 31, 2025

Program accomplishments

  • N/A

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
57-0184136
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1942
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$516,391,266
Income (IRS master file)
$220,610,363

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$220,610,363$220,610,363$516,391,266IRS
990December 2024$215,739,609$215,739,609$479,146,872IRS
990December 2023$203,480,097$203,480,097$459,257,637XML
990December 2022$183,800,746$183,800,746$437,222,676IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 57-0184136).

Questions about HORRY ELECTRIC COOPERATIVE INC

What is the EIN of HORRY ELECTRIC COOPERATIVE INC?
The employer identification number (EIN) of HORRY ELECTRIC COOPERATIVE INC is 57-0184136.
Is HORRY ELECTRIC COOPERATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1942.
Are donations to HORRY ELECTRIC COOPERATIVE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HORRY ELECTRIC COOPERATIVE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HORRY ELECTRIC COOPERATIVE INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HORRY ELECTRIC COOPERATIVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of HORRY ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2025 names J REED COOPER.
Who are the officers and directors of HORRY ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2025 lists 18 people; 18 received compensation from the organization, the highest $276,234 (J REED COOPER, CEO - (INCOM).
How much revenue does HORRY ELECTRIC COOPERATIVE INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $220,610,363, expenses of $220,610,363 and total assets of $516,391,266 at year end.

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