Public Charity

COASTAL ELECTRIC COOPERATIVE INC

COASTAL ELECTRIC COOPERATIVE INC is a nonprofit organization categorized as Public Charity based in WALTERBORO, SC. Its most recent IRS filing (2024) reports revenue of $30.6M, expenses of $30.6M, total assets of $66.6M. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $1.6M.

EIN: 570143233 WALTERBORO, SC Latest filing: 2024
Total Revenue$30.6M
Total Expenses$30.6M
Total Assets$66.6M
Grant Records5
Funding Total$1.6M
Filing Years2019–2024

Mission

TO PROVIDE DIVERSIFIED, INNOVATIVE ENERGY AND RELATED SERVICES TO ITS CUSTOMERS CONSISTENT WITH SOUND BUSINESS PRACTICES, WHILE ALWAYS ACTING IN A COMMUNITY-BUILDING LEADERSHIP ROLE.

Where $100 goes at Coastal Electric Cooperative Inc

How Coastal Electric Cooperative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
To provide diversified, innovative energy and related services to its customers consistent with sound business practices, while always acting in a community-building leadership role
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

EXECUTIVE AS Deanne Fender
VICE CHAIRMA Ian Padgett
TRUSTEE James C Bryan
TRUSTEE James H Copeland Iii
CHAIRMAN James M Bunton Jr
VP - FINANCE Janice F Avant

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$1,608,037 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $30.6M $30.6M $66.6M
2023 $28.6M $26.1M $65.2M
2022 $28.9M $31.5M $59.7M
2020 $28.0M $28.0M $58.2M
2019 $28.0M $28.0M $56.9M

Between 2019 and 2024, reported annual revenue grew from $28.0M to $30.6M (+9%), with total assets most recently reported at $66.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for COASTAL ELECTRIC COOPERATIVE INC

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