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

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.

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

ECONOMIC DEVELOPMENT
$370,000 3 grants

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.

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