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PEE DEE ELECTRIC COOPERATIVE INC

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Public IRS 990 nonprofit record

PEE DEE ELECTRIC COOPERATIVE INC

EIN 57-0223728 · Mutual & Membership Benefit (Y)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

100.91%of revenue went to mission work100.0% of expenses · Program services
$100.91spent for every $100 of revenueSpending was higher than revenue this year.
2.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $695,967 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $33,181 for LEE WHITE (TRUSTEE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$76,610,172
Mission workProgram services$77,306,139100.91% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$77,306,139100.91% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$76,610,172
Expenses$77,306,139
Annual shortfall $695,967 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$77,306,139 · 100.0% of expenses
See all reported dollar amounts
Revenue$76,610,172
Expenses$77,306,139
Contributions$2,000,000
Mission work (program services)$77,306,139
People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
LEE WHITETRUSTEE · 10 hrs/week $33,181
DAVID HOWELLTRUSTEE · 10 hrs/week $27,727
WILLIAM F ROGERS JRTRUSTEE · 10 hrs/week $18,850
DON TEALTRUSTEE · 10 hrs/week $18,000
FREDERICK LASHON SELLERSVICE CHAIR ( · 10 hrs/week $18,000
HAMER PARNELLTRUSTEE · 10 hrs/week $18,000
JAMES A GOODSON JRCHAIRMAN · 10 hrs/week $18,000
PRESTON GAINEYVICE CHAIR ( · 10 hrs/week $18,000
ROBERT NORTONTRUSTEE · 10 hrs/week $18,000
PATRICIA THOMAS-TONEYSEC./TREAS · 10 hrs/week $13,200

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (11)

LEE WHITETRUSTEE

DAVID HOWELLTRUSTEE

WILLIAM F ROGERS JRTRUSTEE

DON TEALTRUSTEE

FREDERICK LASHON SELLERSVICE CHAIR (

HAMER PARNELLTRUSTEE

JAMES A GOODSON JRCHAIRMAN

PRESTON GAINEYVICE CHAIR (

ROBERT NORTONTRUSTEE

PATRICIA THOMAS-TONEYSEC./TREAS

WILLIAM L FLEMING JRCEO,EMP MPD(

About this charity

Recognized since
May 1942
Location
PO BOX 100561, FLORENCE, SC 29502
County
Florence
In care of
WILLIAM L FLEMING JR
Primary officer
WILLIAM L FLEMING JR, CEO,EMP MPD(MGT CO)

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
January 1, 2023
Return type
990
Tax preparer
MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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