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Employer Identification Number 57-0204115

MARLBORO ELECTRIC COOPERATIVE, INC. is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:MARLBORO ELECTRIC COOPERATIVE, INC.
Employer identification number (EIN):57-0204115
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:221100
401k Pension/Benefits registration MARLBORO ELECTRIC COOPERATIVE, INC. 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTO 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.
Number of Employees39
Number of Volunteers0
Year Formed1939

Organization Governance

Legal DomicileSC
Voting Members - Governing Body9
Voting Members - Independent9

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 72,743,636
Program Service Revenue from current yearUSD $ 79,766,133
Investment Income from prior yearUSD $ 15,609
Investment Income from current yearUSD $ 97,172
Other Revenue from prior yearUSD $ 2,571,152
Other Revenue from current yearUSD $ -1,261,672
Gross receipts from all sourcesUSD $ 78,601,633
Net assets / fund balances at end of fiscal yearUSD $ 40,843,237
Net assets / fund balances at beginning of fiscal yearUSD $ 36,928,906
Total liabilities at end of fiscal yearUSD $ 21,122,130
Total liabilities at beginning of fiscal yearUSD $ 53,948,105
Total assets at end of fiscal yearUSD $ 61,965,367
Total assets at beginning of fiscal yearUSD $ 90,877,011
Revenues less expenses for current yearUSD $ 0
Revenues less expenses for previous yearUSD $ 2,571,152
Total expenses for current yearUSD $ 78,601,633
Total expenses for previous yearUSD $ 72,759,245
Other expenses in current yearUSD $ 74,385,362
Other expenses in previous yearUSD $ 69,239,293
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 329,270
Benefits paid to or for members in current yearUSD $ 4,216,271
Benefits paid to or for members in previous yearUSD $ 3,190,682
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 78,601,633
Total revenue in previous fiscal yearUSD $ 75,330,397
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ -1,261,672
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 70,534,498
Program Service Revenue from current yearUSD $ 72,743,636
Investment Income from prior yearUSD $ 248,396
Investment Income from current yearUSD $ 15,609
Other Revenue from prior yearUSD $ 401,552
Other Revenue from current yearUSD $ 2,571,152
Gross receipts from all sourcesUSD $ 75,330,397
Net assets / fund balances at end of fiscal yearUSD $ 36,928,906
Net assets / fund balances at beginning of fiscal yearUSD $ 31,562,267
Total liabilities at end of fiscal yearUSD $ 53,948,105
Total liabilities at beginning of fiscal yearUSD $ 62,655,153
Total assets at end of fiscal yearUSD $ 90,877,011
Total assets at beginning of fiscal yearUSD $ 94,217,420
Revenues less expenses for current yearUSD $ 2,571,152
Revenues less expenses for previous yearUSD $ 401,550
Total expenses for current yearUSD $ 72,759,245
Total expenses for previous yearUSD $ 70,782,896
Other expenses in current yearUSD $ 69,239,293
Other expenses in previous yearUSD $ 67,653,577
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 329,270
Employee salary and benefits paid in previous yearUSD $ 826,940
Benefits paid to or for members in current yearUSD $ 3,190,682
Benefits paid to or for members in previous yearUSD $ 2,302,379
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 75,330,397
Total revenue in previous fiscal yearUSD $ 71,184,446
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 2,571,152
2020-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 75,413,999
Program Service Revenue from current yearUSD $ 70,534,498
Investment Income from prior yearUSD $ 577,862
Investment Income from current yearUSD $ 248,396
Other Revenue from prior yearUSD $ -901,471
Other Revenue from current yearUSD $ 401,552
Gross receipts from all sourcesUSD $ 71,184,446
Net assets / fund balances at end of fiscal yearUSD $ 31,562,267
Net assets / fund balances at beginning of fiscal yearUSD $ 29,275,425
Total liabilities at end of fiscal yearUSD $ 62,655,153
Total liabilities at beginning of fiscal yearUSD $ 57,715,888
Total assets at end of fiscal yearUSD $ 94,217,420
Total assets at beginning of fiscal yearUSD $ 86,991,313
Revenues less expenses for current yearUSD $ 401,550
Revenues less expenses for previous yearUSD $ -901,471
Total expenses for current yearUSD $ 70,782,896
Total expenses for previous yearUSD $ 75,991,861
Other expenses in current yearUSD $ 67,653,577
Other expenses in previous yearUSD $ 72,379,398
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 826,940
Employee salary and benefits paid in previous yearUSD $ 799,061
Benefits paid to or for members in current yearUSD $ 2,302,379
Benefits paid to or for members in previous yearUSD $ 2,813,402
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 71,184,446
Total revenue in previous fiscal yearUSD $ 75,090,390
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 401,552
2019-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 77,666,096
Program Service Revenue from current yearUSD $ 75,413,999
Investment Income from prior yearUSD $ 686,229
Investment Income from current yearUSD $ 577,862
Other Revenue from prior yearUSD $ -546,001
Other Revenue from current yearUSD $ -901,471
Gross receipts from all sourcesUSD $ 75,090,390
Net assets / fund balances at end of fiscal yearUSD $ 29,275,425
Net assets / fund balances at beginning of fiscal yearUSD $ 27,765,656
Total liabilities at end of fiscal yearUSD $ 57,715,888
Total liabilities at beginning of fiscal yearUSD $ 54,283,588
Total assets at end of fiscal yearUSD $ 86,991,313
Total assets at beginning of fiscal yearUSD $ 82,049,244
Revenues less expenses for current yearUSD $ -901,471
Revenues less expenses for previous yearUSD $ -546,000
Total expenses for current yearUSD $ 75,991,861
Total expenses for previous yearUSD $ 78,352,324
Other expenses in current yearUSD $ 72,379,398
Other expenses in previous yearUSD $ 73,310,582
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 799,061
Employee salary and benefits paid in previous yearUSD $ 987,171
Benefits paid to or for members in current yearUSD $ 2,813,402
Benefits paid to or for members in previous yearUSD $ 4,054,571
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 75,090,390
Total revenue in previous fiscal yearUSD $ 77,806,324
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ -901,471
2017-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 77,317,602
Program Service Revenue from current yearUSD $ 79,099,719
Investment Income from prior yearUSD $ 548,742
Investment Income from current yearUSD $ 687,520
Other Revenue from prior yearUSD $ -382,697
Other Revenue from current yearUSD $ 735,224
Gross receipts from all sourcesUSD $ 80,522,463
Net assets / fund balances at end of fiscal yearUSD $ 24,647,304
Net assets / fund balances at beginning of fiscal yearUSD $ 20,593,359
Total liabilities at end of fiscal yearUSD $ 41,787,232
Total liabilities at beginning of fiscal yearUSD $ 34,425,633
Total assets at end of fiscal yearUSD $ 66,434,536
Total assets at beginning of fiscal yearUSD $ 55,018,992
Revenues less expenses for current yearUSD $ 735,224
Revenues less expenses for previous yearUSD $ -382,697
Total expenses for current yearUSD $ 79,787,239
Total expenses for previous yearUSD $ 77,866,344
Other expenses in current yearUSD $ 75,024,270
Other expenses in previous yearUSD $ 72,423,598
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,104,684
Employee salary and benefits paid in previous yearUSD $ 1,054,109
Benefits paid to or for members in current yearUSD $ 3,658,285
Benefits paid to or for members in previous yearUSD $ 4,388,637
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 80,522,463
Total revenue in previous fiscal yearUSD $ 77,483,647
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 735,224
2016-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 73,738,366
Program Service Revenue from current yearUSD $ 77,317,602
Investment Income from prior yearUSD $ 400,773
Investment Income from current yearUSD $ 548,742
Other Revenue from prior yearUSD $ 94,217
Other Revenue from current yearUSD $ -382,697
Gross receipts from all sourcesUSD $ 77,483,647
Net assets / fund balances at end of fiscal yearUSD $ 20,593,359
Net assets / fund balances at beginning of fiscal yearUSD $ 17,020,968
Total liabilities at end of fiscal yearUSD $ 34,425,633
Total liabilities at beginning of fiscal yearUSD $ 35,935,931
Total assets at end of fiscal yearUSD $ 55,018,992
Total assets at beginning of fiscal yearUSD $ 52,956,899
Revenues less expenses for current yearUSD $ -382,697
Revenues less expenses for previous yearUSD $ 87,151
Total expenses for current yearUSD $ 77,866,344
Total expenses for previous yearUSD $ 74,146,205
Other expenses in current yearUSD $ 72,423,598
Other expenses in previous yearUSD $ 69,969,453
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,054,109
Employee salary and benefits paid in previous yearUSD $ 629,323
Benefits paid to or for members in current yearUSD $ 4,388,637
Benefits paid to or for members in previous yearUSD $ 3,547,429
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 77,483,647
Total revenue in previous fiscal yearUSD $ 74,233,356
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ -382,697

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 570204115

USA Mailing Address
P.O. BOX 1057
BENNETTSVILE
SC
29512
Date first seen: 2007-01-01
Date last seen: 2025-09-30
USA Location Address
P.O. BOX 1057
BENNETTSVILE
SC
29512
Date first seen: 2007-01-01
Date last seen: 2025-09-30
USA Mailing Address
PO BOX 1057
BENNETTSVILLE
SC
295121057
Date first seen: 2017-08-01
Date last seen: 2025-10-03
USA Location Address
PO BOX 1057
BENNETTSVILLE
SC
295121057
Date first seen: 2017-08-01
Date last seen: 2025-10-03

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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