Palmetto Electric Cooperative Inc.

Fiscal year ending 2024. Filed on November 5, 2025.

4063 Grays Hwy
Ste A
Ridgeland, South Carolina 29936

Palmetto Electric Cooperative Inc. (EIN: 57-0221355) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Palmetto Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 166 total employees. Among the employees shown here, the average compensation is $524,229. The highest compensated employee at Palmetto Electric Cooperative Inc. is A Berl Davis Jr with fiscal year 2024 compensation of $1,036,538.

Revenue, expenses, and employee compensation

Revenue

$194,786,503

Expenses

$194,786,503

Employee compensation

$1,380,425
Revenue, expenses, and employee compensation over time

Mission Statement

TO DELIVER COMPETITIVELY PRICED, RELIABLE ENERGY AND INNOVATIVE RELATED SERVICES TO ITS MEMBERS AND TO PROVIDE LEADERSHIP AND SUPPORT TO THE COMMUNITIES WE SERVE

Revisions to this organization profile

November 5, 2025:
2024 Palmetto Electric Cooperative Inc. 990 filed
November 12, 2024:
2023 Palmetto Electric Cooperative Inc. 990 filed
November 9, 2023:
2022 Palmetto Electric Cooperative Inc. 990 filed

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