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Employer Identification Number 57-0210417

MID CAROLINA 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:MID CAROLINA ELECTRIC COOPERATIVE, INC.
Employer identification number (EIN):57-0210417
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:221100
401k Pension/Benefits registration MID CAROLINA 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 StatementTHE MISSION OF MID-CAROLINA ELECTRIC COOPERATIVE, INC., A NOT-FOR-PROFIT MEMBER-OWNED ELECTRIC DISTRIBUTION UTILITY, IS TO IMPROVE THE QUALITY OF LIFE OF OUR MEMBERS BY PROVIDING QUALITY ELECTRIC SERVICES AT COMPETITIVE COSTS WITH A COMMITMENT TO MEMBER SATISFACTION.
Number of Employees154
Year Formed1940

Organization Governance

Legal DomicileSC
Voting Members - Governing Body9
Voting Members - Independent9

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 148,069,649
Program Service Revenue from current yearUSD $ 144,745,717
Investment Income from prior yearUSD $ 66,937
Investment Income from current yearUSD $ 83,922
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 144,829,639
Net assets / fund balances at end of fiscal yearUSD $ 85,621,186
Net assets / fund balances at beginning of fiscal yearUSD $ 79,585,223
Total liabilities at end of fiscal yearUSD $ 283,325,577
Total liabilities at beginning of fiscal yearUSD $ 250,148,916
Total assets at end of fiscal yearUSD $ 368,946,763
Total assets at beginning of fiscal yearUSD $ 329,734,139
Revenues less expenses for current yearUSD $ 0
Total expenses for current yearUSD $ 144,829,639
Total expenses for previous yearUSD $ 148,136,586
Other expenses in current yearUSD $ 133,628,251
Other expenses in previous yearUSD $ 136,106,264
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 944,238
Employee salary and benefits paid in previous yearUSD $ 754,617
Benefits paid to or for members in current yearUSD $ 10,257,150
Benefits paid to or for members in previous yearUSD $ 11,275,705
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 144,829,639
Total revenue in previous fiscal yearUSD $ 148,136,586
Contributions and grants from current yearUSD $ 0
2022-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 127,326,919
Program Service Revenue from current yearUSD $ 148,069,649
Investment Income from prior yearUSD $ 67,861
Investment Income from current yearUSD $ 66,937
Other Revenue from prior yearUSD $ 3,351,830
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 148,136,586
Net assets / fund balances at end of fiscal yearUSD $ 79,585,223
Net assets / fund balances at beginning of fiscal yearUSD $ 72,532,815
Total liabilities at end of fiscal yearUSD $ 250,148,916
Total liabilities at beginning of fiscal yearUSD $ 243,472,254
Total assets at end of fiscal yearUSD $ 329,734,139
Total assets at beginning of fiscal yearUSD $ 316,005,069
Revenues less expenses for current yearUSD $ 0
Total expenses for current yearUSD $ 148,136,586
Total expenses for previous yearUSD $ 130,746,610
Other expenses in current yearUSD $ 136,106,264
Other expenses in previous yearUSD $ 121,372,938
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 754,617
Employee salary and benefits paid in previous yearUSD $ 711,562
Benefits paid to or for members in current yearUSD $ 11,275,705
Benefits paid to or for members in previous yearUSD $ 8,662,110
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 148,136,586
Total revenue in previous fiscal yearUSD $ 130,746,610
Contributions and grants from current yearUSD $ 0
2021-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 129,141,262
Program Service Revenue from current yearUSD $ 127,326,919
Investment Income from prior yearUSD $ 71,049
Investment Income from current yearUSD $ 67,861
Other Revenue from current yearUSD $ 3,351,830
Gross receipts from all sourcesUSD $ 130,746,610
Net assets / fund balances at end of fiscal yearUSD $ 72,532,815
Net assets / fund balances at beginning of fiscal yearUSD $ 68,782,100
Total liabilities at end of fiscal yearUSD $ 243,472,254
Total liabilities at beginning of fiscal yearUSD $ 232,895,919
Total assets at end of fiscal yearUSD $ 316,005,069
Total assets at beginning of fiscal yearUSD $ 301,678,019
Revenues less expenses for current yearUSD $ 0
Total expenses for current yearUSD $ 130,746,610
Total expenses for previous yearUSD $ 129,212,311
Other expenses in current yearUSD $ 121,372,938
Other expenses in previous yearUSD $ 123,028,200
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 711,562
Employee salary and benefits paid in previous yearUSD $ 722,674
Benefits paid to or for members in current yearUSD $ 8,662,110
Benefits paid to or for members in previous yearUSD $ 5,461,437
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 130,746,610
Total revenue in previous fiscal yearUSD $ 129,212,311
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 3,351,830
2020-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 132,507,917
Program Service Revenue from current yearUSD $ 129,141,262
Investment Income from prior yearUSD $ 71,787
Investment Income from current yearUSD $ 71,049
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 129,212,311
Net assets / fund balances at end of fiscal yearUSD $ 68,782,100
Net assets / fund balances at beginning of fiscal yearUSD $ 66,761,237
Total liabilities at end of fiscal yearUSD $ 232,895,919
Total liabilities at beginning of fiscal yearUSD $ 226,752,962
Total assets at end of fiscal yearUSD $ 301,678,019
Total assets at beginning of fiscal yearUSD $ 293,514,199
Revenues less expenses for current yearUSD $ 0
Total expenses for current yearUSD $ 129,212,311
Total expenses for previous yearUSD $ 132,579,704
Other expenses in current yearUSD $ 123,028,200
Other expenses in previous yearUSD $ 127,567,116
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 722,674
Employee salary and benefits paid in previous yearUSD $ 686,697
Benefits paid to or for members in current yearUSD $ 5,461,437
Benefits paid to or for members in previous yearUSD $ 4,325,891
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 129,212,311
Total revenue in previous fiscal yearUSD $ 132,579,704
Contributions and grants from current yearUSD $ 0
2019-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 132,842,374
Program Service Revenue from current yearUSD $ 132,507,917
Investment Income from prior yearUSD $ 70,862
Investment Income from current yearUSD $ 71,787
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 132,579,704
Net assets / fund balances at end of fiscal yearUSD $ 66,761,237
Net assets / fund balances at beginning of fiscal yearUSD $ 58,970,448
Total liabilities at end of fiscal yearUSD $ 226,752,962
Total liabilities at beginning of fiscal yearUSD $ 223,524,214
Total assets at end of fiscal yearUSD $ 293,514,199
Total assets at beginning of fiscal yearUSD $ 282,494,662
Revenues less expenses for current yearUSD $ 0
Total expenses for current yearUSD $ 132,579,704
Total expenses for previous yearUSD $ 132,913,236
Other expenses in current yearUSD $ 127,567,116
Other expenses in previous yearUSD $ 129,496,147
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 686,697
Employee salary and benefits paid in previous yearUSD $ 729,915
Benefits paid to or for members in current yearUSD $ 4,325,891
Benefits paid to or for members in previous yearUSD $ 2,687,174
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 132,579,704
Total revenue in previous fiscal yearUSD $ 132,913,236
Contributions and grants from current yearUSD $ 0
2018-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 125,211,210
Program Service Revenue from current yearUSD $ 132,842,374
Investment Income from prior yearUSD $ 70,872
Investment Income from current yearUSD $ 70,862
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 132,913,236
Net assets / fund balances at end of fiscal yearUSD $ 58,970,448
Net assets / fund balances at beginning of fiscal yearUSD $ 60,974,137
Total liabilities at end of fiscal yearUSD $ 223,524,214
Total liabilities at beginning of fiscal yearUSD $ 172,486,702
Total assets at end of fiscal yearUSD $ 282,494,662
Total assets at beginning of fiscal yearUSD $ 233,460,839
Revenues less expenses for current yearUSD $ 0
Total expenses for current yearUSD $ 132,913,236
Total expenses for previous yearUSD $ 125,282,082
Other expenses in current yearUSD $ 129,496,147
Other expenses in previous yearUSD $ 117,548,936
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 729,915
Employee salary and benefits paid in previous yearUSD $ 675,449
Benefits paid to or for members in current yearUSD $ 2,687,174
Benefits paid to or for members in previous yearUSD $ 7,057,697
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 132,913,236
Total revenue in previous fiscal yearUSD $ 125,282,082
Contributions and grants from current yearUSD $ 0
2016-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 121,127,521
Program Service Revenue from current yearUSD $ 122,424,385
Investment Income from prior yearUSD $ 70,668
Investment Income from current yearUSD $ 72,024
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 122,496,409
Net assets / fund balances at end of fiscal yearUSD $ 59,045,849
Net assets / fund balances at beginning of fiscal yearUSD $ 57,759,643
Total liabilities at end of fiscal yearUSD $ 149,889,523
Total liabilities at beginning of fiscal yearUSD $ 135,726,732
Total assets at end of fiscal yearUSD $ 208,935,372
Total assets at beginning of fiscal yearUSD $ 193,486,375
Revenues less expenses for current yearUSD $ 0
Total expenses for current yearUSD $ 122,496,409
Total expenses for previous yearUSD $ 121,198,189
Other expenses in current yearUSD $ 117,126,301
Other expenses in previous yearUSD $ 115,653,892
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 521,046
Employee salary and benefits paid in previous yearUSD $ 525,689
Benefits paid to or for members in current yearUSD $ 4,849,062
Benefits paid to or for members in previous yearUSD $ 5,018,608
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 122,496,409
Total revenue in previous fiscal yearUSD $ 121,198,189
Contributions and grants from current yearUSD $ 0

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 570210417

USA Mailing Address
P.O. BOX 669
LEXINGTON
SC
29071
Date first seen: 2008-07-01
Date last seen: 2025-08-31
USA Location Address
P.O. BOX 669
LEXINGTON
SC
29071
Date first seen: 2008-07-01
Date last seen: 2025-08-31
USA Mailing Address
PO BOX 669
LEXINGTON
SC
290710669
Date first seen: 2017-08-01
Date last seen: 2025-10-03
USA Location Address
PO BOX 669
LEXINGTON
SC
290710669
Date first seen: 2017-08-01
Date last seen: 2025-10-03
USA Mailing Address
254 LONGS POND ROAD
LEXINGTON
SC
29072
Date first seen: 2007-01-01
Date last seen: 2025-08-31
USA Location Address
254 LONGS POND ROAD
LEXINGTON
SC
29072
Date first seen: 2007-01-01
Date last seen: 2025-08-31

Nearby companies/organizations

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

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