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Nonprofit · EIN 57-0299350

CENTRAL ELECTRIC POWER COOPERATIVE INC

Tax-exempt · COLUMBIA, SC 29210

Financials

$1.5B$1.5B2023$1.6B$1.6B2024
Revenue Expenses · by fiscal year end
Financials of CENTRAL ELECTRIC POWER COOPERATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,607,586,867$1,607,225,180$361,687$558,897,912$454,681,419$104,216,493
December 31, 2023990$1,494,325,046$1,494,640,588-$315,542$579,816,387$491,766,054$88,050,333
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,600,234,933
Investment income
$4,221,620
Net gain from sales of assets
$211,343
Other revenue
$3,130,314

Expenses

Grants and similar amounts paid
$3,102,199
Benefits paid to members
$15,528,281
Compensation of officers, directors and key employees
$4,182,516
Other salaries and wages
$5,339,726
Salaries, compensation and benefits (total)
$13,419,281
Professional fundraising fees
$0
Legal fees
$3,369,230
Accounting fees
$130,451
Occupancy
$531,366
Travel
$244,944
Depreciation
$15,310,917

Balance sheet and other

Total assets, start of year
$579,816,387
Total assets, end of year
$558,897,912
Total liabilities, end of year
$454,681,419
Net assets, end of year
$104,216,493
Land, buildings and equipment
$329,737,162
Publicly traded securities
$10,766,275
Gross receipts
$1,609,688,387
Employees
62
Volunteers
0
Year formed
1948
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, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ROBERT HOCHSTETLERPRESIDENT & CEO
Officer
40$1,017,013$0$487,799
MRYAN THOMASSVP OF ADMINISTRATION & CFO
Officer
40$405,560$0$131,048
JAMES COLE PRICEEVP OF MEMBER SERVICES
Key employee
40$393,316$0$129,206
WILLIAM WARESVP OF ENGINEERING & ENG SVCS
Key employee
40$281,174$0$153,898
MARCUS HARRISSVP OF PLANNING & POWER SUPPLY
Key employee
40$329,810$0$103,964
JAMES TINDALDIR OF TRANSMISSION DESIGN & CONSTR
Highest-paid employee
40$180,324$0$172,425
KENNETH MOTSINGERDIRECTOR OF ENGINEERING
Highest-paid employee
40$225,592$0$87,137
GERALD FLEMINGDIRECTOR OF POWER SUPPLY
Highest-paid employee
40$209,092$0$100,492
TODD BERRIANDIRECTOR OF RIGHT OF WAY SERVICES
Highest-paid employee
40$177,430$0$91,107
DINAH RAVENCORPORATE CONTROLLER
Highest-paid employee
40$190,378$0$69,691
LESLIE MALEYVP OF PLANNING AND POWER SUPPLY
Key employee
40$191,500$0$45,192
A BERL DAVISCHAIRMAN
Trustee or director, Officer
7$44,327$2,980$0
DOUGLAS A REEVESVICE CHAIRMAN
Trustee or director, Officer
7$40,230$0$0
TERRY W MALLARDTRUSTEE
Trustee or director
5$24,957$9,313$0
ROBERT G ARDIS IIITRUSTEE
Trustee or director
5$29,800$2,608$0
38 more people on this return
NameTitleHours / weekCompensationFrom related orgs
MARY B SHERIDANTRUSTEE
Trustee or director
5$20,488$8,568
E PAUL BASHACHAIRMAN
Trustee or director, Officer
7$24,957$3,353
GARY L STOOKSBURYTRUSTEE
Trustee or director
5$20,488$3,725
JAMES L LOVINGGOODTRUSTEE
Trustee or director
5$21,232$0
G KEITH AVERYTRUSTEE
Trustee or director
5$20,860$0
CHARLES E ADAIRTRUSTEE
Trustee or director
5$13,410$6,705
CHAD T LOWDERSECRETARY
Trustee or director, Officer
7$19,370$0
B ROBERT PAULLINGTRUSTEE
Trustee or director
5$18,253$0
MARK L WALLINGTRUSTEE
Trustee or director
5$18,253$0
JAMES M BUNTON JRTRUSTEE
Trustee or director
5$11,548$6,705
DAVID EFELKELTRUSTEE
Trustee or director
5$17,507$0
ANITA P WHITNEYTRUSTEE
Trustee or director
5$17,135$0
H WAYNE DEWITTTRUSTEE
Trustee or director
5$17,135$0
JOHNNIE L DICKERTTRUSTEE
Trustee or director
5$11,175$5,960
JAMES L ROWETRUSTEE
Trustee or director
5$17,135$0
BARBARA F WESTONTRUSTEE
Trustee or director
5$10,430$6,705
STEVE CHEWNINGTRUSTEE
Trustee or director
5$16,762$0
KENNETH T CARTERTRUSTEE
Trustee or director
5$16,017$0
BRUCE BACONTRUSTEE
Trustee or director
5$14,900$0
JAMES A RISINGERTRUSTEE
Trustee or director
5$13,783$0
MATTHEW D STANLEYTRUSTEE
Trustee or director
5$13,783$0
ANDY MCKNIGHTTRUSTEE
Trustee or director
5$13,410$0
FRANKLIN C BLANTONTRUSTEE
Trustee or director
5$12,665$0
WILLIAM L FLEMING JRTRUSTEE
Trustee or director
5$11,920$0
CAROLYN BOYDTRUSTEE
Trustee or director
5$11,547$0
TRAVIS BURRISSTRUSTEE
Trustee or director
5$11,175$0
CHARLES R SMITHTRUSTEE
Trustee or director
5$10,803$0
FRANKLIN M LOOPER JRTRUSTEE
Trustee or director
5$10,803$0
MITCHELL RABONTRUSTEE
Trustee or director
5$10,430$0
BRIAN W BROUGHTONTRUSTEE
Trustee or director
5$6,705$2,980
CHARLES R SANDERS JRTRUSTEE
Trustee or director
5$9,685$0
JEFFREY M LEWISTRUSTEE
Trustee or director
5$8,940$0
JAMES C SPENCERTRUSTEE
Trustee or director
5$8,940$0
DUSTIN CATOETRUSTEE
Trustee or director
0$5,215$0
CHAD E STONETRUSTEE
Trustee or director
5$3,725$0
JAMES E STEWART JRTRUSTEE
Trustee or director
5$745$0
MICHAEL FULLERTRUSTEE - SEE SCHEDULE O
Trustee or director
5$0$0
DANNY SHELLEYTRUSTEE - SEE SCHEDULE O
Trustee or director
5$0$0
990 for the year ended December 31, 2023: 54 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ROBERT HOCHSTETLERPRESIDENT & CEO
Officer
40$954,669$0$447,012
MRYAN THOMASSVP OF ADMINISTRATION & CFO
Officer
40$434,371$0$120,193
JAMES COLE PRICESVP OF MEMBER SERVICES
Key employee
40$349,087$0$119,024
WILLIAM WAREVP OF ENGINEERING & ENGINE
Key employee
40$261,819$0$142,914
JAMES TINDALDIRECTOR OF TRANSMISSION D
Highest-paid employee
40$175,380$0$161,284
KENNETH MOTSINGERDIRECTOR OF ENGINEERING
Highest-paid employee
40$204,658$0$97,931
GERALD FLEMINGDIRECTOR OF POWER SUPPLY
Highest-paid employee
40$199,998$0$96,901
DINAH RAVENCORPORATE CONTROLLER
Highest-paid employee
40$175,231$0$62,298
TERESA KANTERDIRECTOR OF POWER SUPPLY OPERATIONS
Highest-paid employee
40$200,217$0$24,198
MARK A SVRCEKSVP OF MEMBER SOLUTIONS
Key employee
40$117,935$0$62,890
MARCUS HARRISSVP OF PLANNING AND POWER SUPPLY
Key employee
40$119,698$0$18,747
JOHN BRANTLEYSR VP OF ADMINISTRATION
Former
40$27,627$0$80,937
E PAUL BASHACHAIRMAN
Trustee or director, Officer
7$60,620$8,508$0
DOUGLAS A REEVESVICE CHAIRMAN
Trustee or director, Officer
7$35,096$0$0
TERRY W MALLARDTRUSTEE
Trustee or director
5$23,397$8,863$0
GARY L STOOKSBURYTRUSTEE
Trustee or director
5$26,588$4,254$0
BRIAN W BROUGHTONTRUSTEE
Trustee or director
5$25,170$4,254$0
ROBERT G ARDIS IIITRUSTEE
Trustee or director
7$29,424$0$0
J DAVID WASSON JRTRUSTEE
Trustee or director
7$25,524$2,836$0
A BERL DAVISSECRETARY/TREASURER
Trustee or director, Officer
7$28,006$0$0
CHAD T LOWDERTRUSTEE
Trustee or director
7$26,942$0$0
MARY B SHERIDANTRUSTEE
Trustee or director
5$15,598$10,635$0
DAVID EFELKELTRUSTEE
Trustee or director
5$21,979$3,545$0
B ROBERT PAULLINGTRUSTEE
Trustee or director
5$19,852$4,963$0
JAMES L LOVINGGOODTRUSTEE
Trustee or director
5$24,106$0$0
JOHNNIE L DICKERTTRUSTEE
Trustee or director
5$16,662$6,381$0
WILLIAM L FLEMING JRTRUSTEE
Trustee or director
5$22,688$0$0
MARK L WALLINGTRUSTEE
Trustee or director
5$21,979$0$0
CHARLES R ALLENTRUSTEE
Trustee or director
5$21,270$0$0
JAMES L ROWETRUSTEE
Trustee or director
5$18,434$2,482$0
G KEITH AVERYTRUSTEE
Trustee or director
5$19,852$0$0
BRUCE BACONTRUSTEE
Trustee or director
5$19,852$0$0
JAMES M BUNTON JRTRUSTEE
Trustee or director
5$13,471$6,381$0
JEFFREY M LEWISTRUSTEE
Trustee or director
5$19,143$0$0
STEVE CHEWNINGTRUSTEE
Trustee or director
7$18,789$0$0
BARBARA F WESTONTRUSTEE
Trustee or director
5$14,180$4,254$0
H WAYNE DEWITTTRUSTEE
Trustee or director
5$17,371$0$0
ANITA P WHITNEYTRUSTEE
Trustee or director
7$16,662$0$0
CAROLYN BOYDTRUSTEE
Trustee or director
5$15,953$0$0
CHARLES E ADAIRTRUSTEE
Trustee or director
5$13,471$2,127$0
FRANKLIN M LOOPER JRTRUSTEE
Trustee or director
5$14,180$0$0
JAMES A RISINGERTRUSTEE
Trustee or director
5$14,180$0$0
CHARLES R SMITHTRUSTEE
Trustee or director
5$13,471$0$0
MITCHELL RABONTRUSTEE
Trustee or director
5$12,762$0$0
JAMES E STEWART JRTRUSTEE
Trustee or director
5$12,762$0$0
ANDY MCKNIGHTTRUSTEE
Trustee or director
5$12,053$0$0
WF DAVISTRUSTEE
Trustee or director
7$7,799$4,254$0
FRANKLIN C BLANTONTRUSTEE
Trustee or director
5$12,053$0$0
HAMER L PARNELLTRUSTEE
Trustee or director
5$11,344$0$0
TRAVIS BURRISSTRUSTEE
Trustee or director
5$3,545$0$0
KENNETH T CARTERTRUSTEE
Trustee or director
5$2,127$0$0
MATTHEW D STANLEYTRUSTEE
Trustee or director
5$2,127$0$0
MICHAEL FULLERTRUSTEE - SEE SCHEDULE O
Trustee or director
5$0$0$0
DANNY SHELLEYTRUSTEE - SEE SCHEDULE O
Trustee or director
7$0$0$0

Address and contacts

Address (IRS master file)
20 COOPERATIVE WAY, COLUMBIA, SC 29210-3112
Principal officer (990 for 2024)
RYAN THOMAS, 20 COOPERATIVE WAY, COLUMBIA, SC 29210
Signed the 990
RYAN THOMAS, SVP OF ADMINISTRATION AND CFO
Phone
(803) 779-4975
Return prepared by
BAUKNIGHT PIETRAS & STORMER PA

Mission

CENTRAL IS A GENERATION AND TRANSMISSION (G&T) COOPERATIVE SUPPLYING POWER TO NINETEEN MEMBER DISTRIBUTION COOPERATIVES IN SOUTH CAROLINA. CENTRAL CONSTRUCTS TRANSMISSION TAP LINES TO SERVE SUBSTATIONS OWNED BY THE DISTRIBUTION COOPERATIVES.

990 for the year ended December 31, 2024

Program accomplishments

  • CENTRAL EXISTS SOLELY FOR THE BENEFIT OF ITS MEMBERS. WE WILL PROVIDE A RELIABLE, LONG TERM, AND STABLE SUPPLY OF POWER, WHICH ACCOMMODATES GROWTH, AT THE LOWEST POSSIBLE COST CONSISTENT WITH GOOD UTILITY PRACTICE. WE WILL PROVIDE FOR RELIABLE DELIVERY OF POWER, WHEN AND WHERE DESIRED, CONSISTENT WITH APPLICABLE GUIDELINES. WE WILL PROVIDE ADDITIONAL ENERGY-RELATED OR DELIVERY-RELATED SERVICES AS DIRECTED BY THE BOARD OF TRUSTEES.

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
57-0299350
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1954
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$558,897,912
Income (IRS master file)
$1,609,688,387

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,607,586,867$1,607,225,180$558,897,912XML
990December 2023$1,494,325,046$1,494,640,588$579,816,387XML
990December 2022$1,459,022,371$1,459,000,797$519,315,059IRS
990December 2021–––IRS
990December 2020–––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 57-0299350).

Questions about CENTRAL ELECTRIC POWER COOPERATIVE INC

What is the EIN of CENTRAL ELECTRIC POWER COOPERATIVE INC?
The employer identification number (EIN) of CENTRAL ELECTRIC POWER COOPERATIVE INC is 57-0299350.
Is CENTRAL ELECTRIC POWER COOPERATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1954.
Are donations to CENTRAL ELECTRIC POWER COOPERATIVE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CENTRAL ELECTRIC POWER 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 CENTRAL ELECTRIC POWER COOPERATIVE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CENTRAL ELECTRIC POWER COOPERATIVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CENTRAL ELECTRIC POWER COOPERATIVE INC?
The 990 for the year ended December 31, 2024 names RYAN THOMAS.
Who are the officers and directors of CENTRAL ELECTRIC POWER COOPERATIVE INC?
The 990 for the year ended December 31, 2024 lists 53 people; 51 received compensation from the organization, the highest $1,017,013 (ROBERT HOCHSTETLER, PRESIDENT & CEO).
How much revenue does CENTRAL ELECTRIC POWER COOPERATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,607,586,867, expenses of $1,607,225,180 and total assets of $558,897,912 at year end.

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