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  4. Palmetto Electric Cooperative
EIN 57-0221355

Palmetto Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
154
City
Ridgeland
State
South Carolina
Year formed
1940
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
To deliver competitively priced, reliable energy and innovative related services to its members and to provide leadership and support to the communities we serve.
Total revenues
$176,682,472
2022
Total expenses
$176,682,472
2022
Total assets
$275,456,875
2022
Num. employees
154
2022

Program areas at Palmetto Electric Cooperative

To provide the best possible Electric service to all who desire it within the system service area at the lowest price consistent with the highest standards of service.

Personnel at Palmetto Electric Cooperative

NameTitleCompensation
A Berl DavisPresident and Chief Executive Officer$507,583
A. Berl DavisPresident and Chief Executive Officer 1 Cooperative Way
Tray HunterVice President , Marketing and Public Relations 1
C. Michael TaylorVice President , Information Systems 1
Lewis F. DavisV.P Customer / Vice President , Customer Service 1 / V.P Customer Service / V.P Customer / Vice President , Customer Service$203,411
...and 4 more key personnel

Financials for Palmetto Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$176,615,055
Investment income and dividends$67,417
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$176,682,472

Form 990s for Palmetto Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-09990View PDF
2021-122022-11-02990View PDF
2020-122021-10-27990View PDF
2019-122021-06-08990View PDF
2018-122020-01-15990View PDF
...and 9 more Form 990s

Organizations like Palmetto Electric Cooperative

OrganizationLocationRevenue
Sioux Valley EnergyColman, SD$99,757,961
Amicalola Electric Membership CorporationJasper, GA$110,407,403
Marlboro Electric CooperativeBennettsville, SC$78,601,633
Walton EMCMonroe, GA$369,406,838
Snapping Shoals EMCCovington, GA$249,582,310
Lake Country PowerCohasset, MN$110,864,875
Holston Electric CooperativeRogersville, TN$103,748,257
Tallahatchie Valley EPABatesville, MS$79,246,266
Adams-Columbia Electric CooperativeFriendship, WI$91,789,305
Jefferson Energy CooperativeWrens, GA$78,631,525
Data update history
January 11, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 11, 2024
Updated personnel
Identified 1 new personnel
December 28, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 30, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
Community engagement / volunteering
General information
Address
4063 Grays Hwy
Ridgeland, SC 29936
Metro area
Hilton Head Island-Bluffton, SC
County
Jasper County, SC
Website URL
palmetto.coop/ 
Phone
(843) 726-5551
Facebook page
PalmettoElectricCoop 
Twitter profile
@palmettocoop 
IRS details
EIN
57-0221355
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1940
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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