NonprofitsPalmetto Electric Cooperative Inc

Palmetto Electric Cooperative Inc

RIDGELAND, SC

Total revenue

$194.8M

Total expenses

$194.8M

Net assets

$104.7M

Grants received

EIN

570221355

Tax year

2024

Mission

To deliver competitively priced, reliable energy and innovative related services to its members and to provide leadership and support to the communities we serve

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$194.7M
Investment income$55K
Other revenue
Total revenue$194.8M

Expenses

Grants paid
Salaries & benefits$1.4M
Fundraising
Other expenses$183.1M
Total expenses$194.8M
Total assets$321.1M
Net assets$104.7M

People

18 listed

NameRoleCompensation

A BERL DAVIS JR

PRES. & CEO

Board

$569K

50 hrs/wk

JAMES L ROWE

DIRECTOR

Board

$49K

7.5 hrs/wk

WILLIAM J NIMMER

DIRECTOR

Board

$41K

1 hrs/wk

ALICIA HOLLAND

DIRECTOR

Board

$34K

5 hrs/wk

DAVID HOWARD

DIRECTOR

Board

$31K

3.5 hrs/wk

DREARL BOSTICK SR

DIRECTOR

Board

$31K

4 hrs/wk

JEREMIAH E VAIGNEUR

CHAIRMAN

Board

$30K

7 hrs/wk

D TERRELL SMITH

VICE CHAIRMA

Board

$29K

5 hrs/wk

CAROLYN GRANT

SECRETARY-TR

Board

$27K

3.5 hrs/wk

THOMAS STANLEY JR

DIRECTOR

Board

$25K

2 hrs/wk

DAVID L WHITE

DIRECTOR

Board

$20K

3.5 hrs/wk

GREG COOK

DIRECTOR

Board

$18K

4 hrs/wk

NICHOLAS T GOHAGAN

DIRECTOR

Board

$9K

4 hrs/wk

WILSON D SALEEBY

V.P ENGIN/OP

Staff

$324K

45 hrs/wk

BRUCE K DRAPER

OPERATIONS M

Staff

$307K

40 hrs/wk

TANYA K TRULL

V.P FINANCE

Staff

$275K

50 hrs/wk

GEORGIA VIDO

V.P HUMAN RE

Staff

$268K

45 hrs/wk

RICHARD E HUNTER III

V.P MARKETIN

Staff

$257K

50 hrs/wk

Independent contractors

INFRATECH CORPORATION

CONSTRUCTION

$3.4M

SOUTHEASTERN LIMB AND TREE LLC

RIGHT OF WAY

$1.6M

SOUTHEAST UTILITIES OF GEORGIA

FIBER CONSTRUC.

$1.5M

FIBER OPTIC SOLUTIONS LLC

FIBER CONSTRUC.

$1.3M

MCCALL-THOMAS ENGINEERING CO

ENGINEERING

$955K

Details

EIN570221355
Subsection12
Ruling date1944-03
Formed1940
Employees166
PALMETTO ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo