Nonprofit · EIN 57-0758243
PALMETTO POWER CITIES
Tax-exempt · COLUMBIA, SC 29201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $355,075 | $333,710 | $21,365 | $489,476 | $12,663 | $476,813 |
| December 31, 2024 | 990 | $250,860 | $219,051 | $31,809 | $498,527 | $43,079 | $455,448 |
| December 31, 2023 | 990-EZ | $142,654 | $110,681 | $31,973 | $467,369 | $43,730 | $423,639 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $231,700
- Membership dues
- $231,700
- Program service revenue
- $104,240
- Investment income
- $19,135
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $6,165
- Accounting fees
- $4,250
- Travel
- $10,314
- Program services (functional)
- $297,246
- Management and general (functional)
- $36,464
Balance sheet and other
- Total assets, start of year
- $498,527
- Total assets, end of year
- $489,476
- Total liabilities, end of year
- $12,663
- Net assets, end of year
- $476,813
- Net assets without donor restrictions
- $476,813
- Gross receipts
- $355,075
- Employees
- 0
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Joey Meadors | Director Trustee or director | 1 | $0 |
| John Young | Director Trustee or director | 1 | $0 |
| William Medlin | Director Trustee or director | 1 | $0 |
| Ryan Courtemanche | Director Trustee or director | 1 | $0 |
| Scott Motsinger | Director Trustee or director | 0 | $0 |
| Tim Hall | Vice President Officer | 1 | $0 |
| Wade Holmes | President Officer | 1 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tim Hall | Director Trustee or director | 1 | $0 |
| Joey Meadors | Director Trustee or director | 1 | $0 |
| John Young | Director Trustee or director | 1 | $0 |
| William Medlin | Director Trustee or director | 1 | $0 |
| Robert Faires | President Officer | 1 | $0 |
| Tim Banker | Vice President Officer | 1 | $0 |
| Wade Holmes | President Officer | 1 | $0 |
990-EZ for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert Faires | President | 2 | $0 |
| Tim Banker | Vice President | 1 | $0 |
| Tim Hall | Director | 1 | $0 |
| Wade Holmes | Director | 1 | $0 |
| Joey Meadors | Director | 1 | $0 |
| Greg Griffin | Director | 0 | $0 |
| John Young | President | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1411 GERVAIS ST, COLUMBIA, SC 29201-3342
- Principal officer (990 for 2025)
- Wade Holmes, 1411 Gervais St, Columbia, SC 292013342
- Signed the 990
- Wade Holmes, President
- Phone
- (803) 933-1226
Mission
To serve and support the municipal power systems of South Carolina by providing training, technical assistance, and support to member organizations.
Program accomplishments
- Other services which support and enhance SC municipal power systemsExpenses $204,214
- Training and networking opportunities provided to members through meetings and seminars.Expenses $93,032 · revenue $104,240
- Technical and legal assistance provided to its membership through monitoring of court cases, filing of amicus briefs, etc.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 57-0758243
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $498,527
- Income (IRS master file)
- $250,860
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $355,075 | $333,710 | $489,476 | IRS |
| 990 | December 2024 | $250,860 | $219,051 | $498,527 | XML |
| 990-EZ | December 2023 | $142,654 | $110,681 | $467,369 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 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 57-0758243).
Questions about PALMETTO POWER CITIES
- What is the EIN of PALMETTO POWER CITIES?
- The employer identification number (EIN) of PALMETTO POWER CITIES is 57-0758243.
- Is PALMETTO POWER CITIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1987.
- Are donations to PALMETTO POWER CITIES tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PALMETTO POWER CITIES 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 PALMETTO POWER CITIES 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 PALMETTO POWER CITIES 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 PALMETTO POWER CITIES?
- The 990 for the year ended December 31, 2025 names Wade Holmes.
- Who are the officers and directors of PALMETTO POWER CITIES?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does PALMETTO POWER CITIES have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $355,075, expenses of $333,710 and total assets of $489,476 at year end.
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