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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Coastal Electric Cooperative Inc.

Coastal Electric Cooperative Inc.

Fiscal year ending 2023. Filed on November 4, 2024.

2269 Jefferies Highway
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 2023 IRS Form 990 filing, Coastal Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 out of 41 total employees. Among the employees shown here, the average compensation is $237,657. The highest compensated employee at Coastal Electric Cooperative Inc. is Mark L Walling with fiscal year 2023 compensation of $456,109.

Revenue, expenses, and employee compensation

Revenue

$28,592,457

Expenses

$26,105,856

Employee compensation

$598,589
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mark L Walling
President
$456,109
$287,215 No related comp$168,894
Janice F Avant
Vice President, Finance
$316,088
$182,822 No related comp$133,266
Matthew Bryan
Vp-Eng. and OP
$297,920
$177,619 No related comp$120,301
Richard Massey
Lead Lineman
$210,650
$142,316 No related comp$68,334
Rhonda Martin
Office Manager
$180,163
$108,256 No related comp$71,907
Coby Martin
Lineman
$164,123
$108,829 No related comp$55,294
Leon H Bryan
Former - TRU
$38,548
$38,548 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Lavern Polk
Trustee
$25,016
$25,016 No related compNo other comp
James H Copeland III
Trustee
$20,451
$20,451 No related compNo other comp
William M Smoak
Trustee
$15,739
$15,739 No related compNo other comp
Wendell McDonald
Trustee
$15,307
$15,307 No related compNo other comp
James C Bryan
Trustee
$13,957
$13,957 No related compNo other comp
Terry Hoff
Secretary
$11,803
$11,803 No related compNo other comp
Johhny Frank
Treasurer
$553
$553 No related compNo other comp
Ian Padgett
Vice Chair
$553
$553 No related compNo other comp
James M Bunton Jr
Chair
$553
$553 No related compNo other comp

Contractors

Right Way Tree Experts
Right of Way
$885,344

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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