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Nonprofit · EIN 57-6140814

COASTAL ELECTRIC TRUST

Tax-exempt · WALTERBORO, SC 29488

Financials

$61K$44K2023$56K$64K2024$64K$65K2025
Revenue Expenses · by fiscal year end
Financials of COASTAL ELECTRIC TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$63,917$64,569-$652$153,437–$153,437
December 31, 2024990-EZ$56,334$64,439-$8,105$154,089–$154,089
December 31, 2023990-EZ$61,479$43,578$17,901$162,194–$162,194
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$63,420
Investment income
$497

Expenses

Grants and similar amounts paid
$64,309
Compensation of officers, directors and key employees
$0
Other expenses
$260
Program services (functional)
$64,569

Balance sheet and other

Total assets, start of year
$154,089
Total assets, end of year
$153,437
Total liabilities, end of year
–
Net assets, end of year
$153,437
Cash, savings and investments
$129,527
Gross receipts
$63,917

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARTHA JOHNSONPRESIDENT1$0
DARIUS MCCARTHYVICE PRESIDE1$0
ANNE PADGETTSECRETARY/TR1$0
TAMMY POLKDIRECTOR1$0
CHRISTY SLOCUMDIRECTOR1$0
CLEVELAND HIOTTDIRECTOR1$0
SHEILA WILLIAMSDIRECTOR1$0
MARGO BRENNANDIRECTOR1$0
PERRY SMITHDIRECTOR1$0
990-EZ for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensation
MARTHA JOHNSONPRESIDENT1$0
DARIUS MCCARTHYVICE PRESIDE1$0
ANNE PADGETTSECRETARY/TR1$0
TAMMY POLKDIRECTOR1$0
CHRISTY SLOCUMDIRECTOR1$0
CLEVELAND HIOTTDIRECTOR1$0
SHEILA WILLIAMSDIRECTOR1$0
MARGO BRENNANDIRECTOR1$0
PERRY SMITHDIRECTOR1$0
990-EZ for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
MARTHA JOHNSONPRESIDENT1$0
DARIUS MCCARTHYVICE PRESIDE1$0
ANNE PADGETTSECRETARY/TR1$0
MARGIE ROBERTSONTRUSTEE1$0
CHRISTY SLOCUMTRUSTEE1$0
CLEVELAND HIOTTTRUSTEE1$0
SHEILA WILLIAMSTRUSTEE1$0
JENNIFER WILLIAMSTRUSTEE1$0
MEAGAN MARVINTRUSTEE1$0

Address and contacts

Address (IRS master file)
2269 JEFFERIES HWY, WALTERBORO, SC 29488-7230
Signed the 990-EZ
MARK WALLING, CEO-COASTAL ELECTRIC
Phone
(843) 538-5700
Return prepared by
MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC

Mission

ACCUMULATION AND DISTRIBUTION OF FUNDS FOR CHARITABLE PURPOSES IN THE COASTAL ELECTRIC COOPERATIVE, INC. SERVICE TERRITORY, AS PERMITTED BY IT'S BYLAWS (ATTACHED).

990-EZ for the year ended December 31, 2025

Program accomplishments

  • ACCUMULATION AND DISTRIBUTION OF FUNDS FOR CHARITABLE PURPOSES IN THE COASTAL ELECTRIC COOPERATIVE, INC. SERVICE TERRITORY.
    Expenses $64,569 · grants $64,309

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-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
57-6140814
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P600)
Assets (IRS master file)
$153,437
Income (IRS master file)
$63,917

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$63,917$64,569$153,437XML
990-EZDecember 2024$56,334$64,439$154,089XML
990-EZDecember 2023$61,479$43,578$162,194XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 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 57-6140814).

Questions about COASTAL ELECTRIC TRUST

What is the EIN of COASTAL ELECTRIC TRUST?
The employer identification number (EIN) of COASTAL ELECTRIC TRUST is 57-6140814.
Is COASTAL ELECTRIC TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to COASTAL ELECTRIC TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COASTAL ELECTRIC TRUST 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 COASTAL ELECTRIC TRUST 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 COASTAL ELECTRIC TRUST last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of COASTAL ELECTRIC TRUST?
The 990-EZ for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does COASTAL ELECTRIC TRUST have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $63,917, expenses of $64,569 and total assets of $153,437 at year end.

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