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
MPD ELECTRIC COOPERATIVE INC
Based in FLORENCE, SC, MPD ELECTRIC COOPERATIVE INC operates as a Public Charity. The organization reported $214.9M in revenue, $210.6M in expenses, $401.9M in total assets for fiscal year 2024.
EIN: 854014392
FLORENCE, SC
Public Utilities
NTEE: W80
Latest filing: 2024
Total Revenue$214.9M
Total Expenses$210.6M
Total Assets$401.9M
Grant Records0
Filing Years2022–2024
Where $100 goes at Mpd Electric Cooperative Inc
How Mpd Electric Cooperative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 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 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
CFO
Annie Crowley
DIRECTOR
David Howell
SECRETARY/TR
Donald Jeff Quick
DIRECTOR
Don R Teal
DIRECTOR
Edgar Gordon
DIRECTOR
F Lashon Sellers
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $214.9M | $210.6M | $401.9M |
| 2023 | $70.7M | $74.5M | $373.0M |
| 2022 | $23.3M | $23.3M | $212.8M |
Between 2022 and 2024, reported annual revenue grew from $23.3M to $214.9M (+822%), with total assets most recently reported at $401.9M.
Interactive year-over-year charts and full filing details available with membership.