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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 Public & Societal Benefit Edisto Electric Cooperative Inc.

Edisto Electric Cooperative Inc.

Fiscal year ending 2020. Filed on May 18, 2021.

PO Box 547
Bamberg, South Carolina 29003

Edisto Electric Cooperative Inc. (EIN: 57-0158355) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Edisto Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 78 total employees. Among the employees shown here, the average compensation is $221,881. The highest compensated employee at Edisto Electric Cooperative Inc. is David E Felkel with fiscal year 2020 compensation of $397,642.

Revenue, expenses, and employee compensation

Revenue

$49,994,273

Expenses

$49,994,273

Employee compensation

$661,447
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David E Felkel
President
$397,642
$267,743 No related comp$129,899
Richard C Stephenson
Vice President, Finance
$224,895
$132,927 No related comp$91,968
Lawrence C Smoak III
Vice President, Operations
$200,554
$129,447 No related comp$71,107
Daniel C Eubanks
Vice President, Engineering
$177,556
$116,489 No related comp$61,067
Jennifer H Johnston
Vice President, Human Resources
$168,580
$116,551 No related comp$52,029
Brian C Hefner
Vice President, Membership
$162,060
$102,021 No related comp$60,039

Benchmark Employee Compensation

Non-Employee Board Members

Michael T Hollingsworth
Trustee
$32,514
$32,514 No related compNo other comp
Ervin M Mathias III
Trustee
$31,148
$31,148 No related compNo other comp
Christopher P Sandifer
Trustee
$31,131
$31,131 No related compNo other comp
Jack G Vallentine III
Secretary and Treasurer
$30,996
$30,996 No related compNo other comp
Stanley M Funchess
Trustee
$30,848
$30,848 No related compNo other comp
Douglas A Reeves
Chair
$30,788
$30,788 No related compNo other comp
F Pickens Williams
Trustee
$30,556
$30,556 No related compNo other comp
Ordie C Brown
Vice Chair
$19,536
$19,536 No related compNo other comp
Mary F Nimmons
Trustee
$18,663
$18,663 No related compNo other comp
R Wayne Welch
Trustee
$7,625
$7,625 No related compNo other comp

Contractors

Brothers Tree Company
Right of Way
$1,246,717
Lee Electrical Construction Inc.
Construction
$434,365
Hood Construction Company Inc.
Construction
$359,375
Sumter Utilities
Construction
$170,660
Master-Tek Utility
Construction
$108,783

Mission Statement

TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.

Revisions to this organization profile

May 13, 2025:
2024 Edisto Electric Cooperative Inc. 990 filed
May 3, 2024:
2023 Edisto Electric Cooperative Inc. 990 filed
September 8, 2023:
2022 Edisto Electric Cooperative Inc. 990 filed

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