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Organizations Coastal Electric Cooperative Inc.

Coastal Electric Cooperative Inc.

Fiscal year ending 2022. Filed on October 9, 2023.

2269 Jefferies Highway
1100 Gervais Street
Walterboro, South Carolina 29488

Coastal Electric Cooperative Inc. (EIN: 57-0143233) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Coastal Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 11 out of 40 total employees. Among the employees shown here, the average compensation is $163,464. The highest compensated employee at Coastal Electric Cooperative Inc. is Mark L Walling with fiscal year 2022 compensation of $433,609.

Revenue, expenses, and employee compensation

Revenue

$28,929,598

Expenses

$31,498,691

Employee compensation

$834,821
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mark L Walling
President
$433,609
$271,400 No related comp$162,209
Janice F Avant
Vice President, Finance
$309,661
$183,063 No related comp$126,598
Matthew Bryan
Vp-Eng. and OP
$278,143
$166,203 No related comp$111,940
Richard Massey
Lead Lineman
$199,676
$132,790 No related comp$66,886
Kevin Wilds
Lineman
$175,545
$100,118 No related comp$75,427
Rhonda Martin
Office Manager
$172,739
$104,416 No related comp$68,323
Leon H Bryan
Former - TRU
$73,595
$73,595 No related compNo other comp
James H Copeland III
Trustee
$51,864
$51,864 No related compNo other comp
Danny Lyons
Former - TRU
$36,847
$36,847 No related compNo other comp
Judith Reeves
Former - TRU
$34,841
$34,841 No related compNo other comp
Elbert Sweat
Former - TRU
$31,585
$31,585 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Jerry Crosby
Trustee (JAN
$40,193
$40,193 No related compNo other comp
Lavern Polk
Chair
$33,348
$33,348 No related compNo other comp
Wendell McDonald
Trustee
$29,259
$29,259 No related compNo other comp
Harold Rhodes
Trustee (JAN
$29,102
$29,102 No related compNo other comp
Terry Hoff
Treasurer
$25,555
$25,555 No related compNo other comp
Johhny Frank
Trustee
$6,805
$6,805 No related compNo other comp
James C Bryan
Trustee (NOV
$2,330
$2,330 No related compNo other comp
William M Smoak
Trustee (NOV
$2,327
$2,327 No related compNo other comp
James M Bunton Jr
Vice Chair
$2,205
$2,205 No related compNo other comp
Ian Padgett
Secretary
$1,355
$1,355 No related compNo other comp

Contractors

Right Way Tree Experts
Right of Way
$782,042

Mission Statement

TO PROVIDE DIVERSIFIED, INNOVATIVE ENERGY AND RELATED SERVICES TO ITS CUSTOMERS CONSISTENT WITH SOUND BUSINESS PRACTICES, WHILE ALWAYS ACTING IN A COMMUNITY-BUILDING LEADERSHIP ROLE.

Revisions to this organization profile

November 3, 2025:
2024 Coastal Electric Cooperative Inc. 990 filed
November 4, 2024:
2023 Coastal Electric Cooperative Inc. 990 filed
October 9, 2023:
2022 Coastal Electric Cooperative Inc. 990 filed

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