Mission
TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.
Public Charity
MARLBORO ELECTRIC COOPERATIVE INC
MARLBORO ELECTRIC COOPERATIVE INC, of FLORENCE, SC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2023 filing shows $77.3M in revenue, $78.2M in expenses. 3 publicly reported grants to this organization, totaling roughly $370K, appear in IRS filings.
EIN: 570204115
FLORENCE, SC
Latest filing: 2023
Total Revenue$77.3M
Total Expenses$78.2M
Grant Records3
Funding Total$370K
Filing Years2017–2023
Where $100 goes at Marlboro Electric Cooperative Inc
How Marlboro Electric Cooperative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 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 the best possible electric service to all who desire it within the system area at a reasonable cost consistent with the highest standards of service
Source: Form 990 filings with the IRS, latest fiscal year 2023. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
ECONOMIC DEVELOPMENT
$310,000
ECONOMIC DEVELOPMENT
$30,000
ECONOMIC DEVELOPMENT
$30,000
Showing up to 5 of 3 total records — full history available with membership.
Officers & Directors
TRUSTEE
Charles R Smith
SEC./TREASUR
Donald J Quick
TRUSTEE
Edgar M Gordon
TRUSTEE
James T Grant
TRUSTEE
Janelle C Sauls
VICE CHAIRMA
John M Alford
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2023 | $77.3M | $78.2M | — |
| 2022 | $78.6M | $78.6M | $62.0M |
| 2020 | $71.2M | $70.8M | $94.2M |
| 2019 | $75.1M | $76.0M | $87.0M |
| 2017 | $80.5M | $79.8M | $66.4M |
Between 2017 and 2023, reported annual revenue declined from $80.5M to $77.3M (-4%).
Interactive year-over-year charts and full filing details available with membership.