NonprofitsMid-Carolina Electric Cooperative Inc

Mid-Carolina Electric Cooperative Inc

LEXINGTON, SC

Total revenue

$157.8M

Total expenses

$157.8M

Net assets

$91.1M

Grants received

EIN

570210417

Tax year

2024

Mission

We deliver reliable, cost efficient utilities and innovative solutions to our members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$157.6M
Investment income$216K
Other revenue
Total revenue$157.8M

Expenses

Grants paid
Salaries & benefits$814K
Fundraising
Other expenses$147.3M
Total expenses$157.8M
Total assets$403.9M
Net assets$91.1M

People

16 listed

NameRoleCompensation

B ROBERT PAULLING

PRESIDENT &

Board

$446K

50 hrs/wk

JUSTIN WATTS

TRUSTEE

Board

$39K

2.85 hrs/wk

DONETTE KIRKLAND

SECRETARY

Board

$31K

4.47 hrs/wk

MARVIN SOX

CHAIRMAN

Board

$27K

4.22 hrs/wk

CAREY BEDENBAUGH

TRUSTEE

Board

$15K

3.46 hrs/wk

ALAN LUNSFORD

VICE CHAIRMA

Board

$15K

3.52 hrs/wk

EDDIE BEST

TRUSTEE

Board

$14K

2.54 hrs/wk

J ALLAN RISINGER

TREASURER

Board

$13K

3.66 hrs/wk

MARK SVRCEK

TRUSTEE

Board

$11K

2.55 hrs/wk

CLIFFORD SHEALY

TRUSTEE-RET.

Board

$10K

2.57 hrs/wk

KENNETH LINDLER

TRUSTEE

Board

$9K

2.11 hrs/wk

THERESA CREPES

CFO

Staff

$283K

50 hrs/wk

LEE AYERS

VP - ENGINEE

Staff

$281K

50 hrs/wk

TROY SIMPSON

VP - MEMBER

Staff

$255K

50 hrs/wk

BOBBY WILBUR

VP - OPERATI

Staff

$226K

50 hrs/wk

STEVE DAVIDSON

VP- INFORMAT

Staff

$189K

50 hrs/wk

Independent contractors

JACKSONS GLOBAL SOLUTIONS LLC

FIBER

$777K

DRG TECHNICAL SOLUTIONS

CONSULTING

$269K

RIGHT WAY TREE EXPERTS LLC

RIGHT OF WAY

$200K

MICHAEL BRANDON STACY

ENGINEERING

$130K

Details

EIN570210417
Subsection12
Ruling date1942-09
Formed1940
Employees176
MID-CAROLINA ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo