Central Electric Power Cooperative Inc logo

Central Electric Power Cooperative Inc

COLUMBIA, SC EIN: 57-0299350 Website

Central Electric Power Cooperative Inc is a generation and transmission (G&T) electric cooperative headquartered in Columbia, South Carolina. Established in 1954, the organization operates as a 501(c)(12) benevolent organization—a classification for mutually beneficial entities such as utility companies. Central supplies power to nineteen member distribution cooperatives throughout South Carolina, which collectively serve approximately 2 million member-consumers. The cooperative constructs and maintains transmission lines and tap lines to serve substations owned by its member distribution cooperatives.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$558.9M

-3.6% YoY

Annual Giving

$3.1M

-65.4% YoY

Grant Count

9

-18.2% YoY

Avg Grant Size

$345K

-57.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Central exists solely for the benefit of its members. The organization's stated mission is to provide a reliable, long-term, and stable supply of power that accommodates growth at the lowest possible cost consistent with good utility practice. Central commits to providing reliable delivery of power when and where desired, consistent with applicable guidelines, and offers additional energy-related or delivery-related services as directed by its board of trustees.

The organization's grant-making focuses on public and societal benefit and public utilities, primarily in South Carolina.

Grantmaking

Central Electric Power Cooperative Inc distributes grants to support its member cooperatives and related utility initiatives. Recent documented grants include $65,000 in economic development funding to Little River Electric Cooperative in 2023.

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Geographic Focus

Where this funder awards grants

Central Electric Power Cooperative Inc operates exclusively in South Carolina, serving nineteen member distribution cooperatives throughout the state.

Grant Distribution by State

1states

Cities

AbbevilleAikenBambergBennettsvilleBlythewoodConwayDarlingtonGaffneyKingstreeLaurensMoncks CornerNewberryPagelandPickensSt MatthewsSumterWalterboroYork

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year 2024:

  • Total Assets: $558.9 million
  • Total Revenue: $1.61 billion
  • Total Expenses: $1.61 billion
  • Net Income: $361,687
  • Net Assets: $104.2 million
  • Total Liabilities: $455 million
  • Total Giving: $3.1 million

The organization employs 61 people.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$442M$884M$1.3B$1.8B20202021202220232024
Metric202420232022
Total Assets$558,897,912$579,816,387$519,315,059
Revenue$1,607,586,867$1,494,325,046$1,459,022,371
Expenses$1,607,225,180$1,494,640,588$1,459,000,797
Qualifying Distributions
Net Investment Income$4,221,620$1,167,320$757,751
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$7M$9M15 grants20206 grants202112 grants202211 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

COASTAL ELECTRIC COOPERA…$1.0MYORK ELECTRIC COOPERATIV…$580KLYNCHES RIVER ELECTRIC C…$470KSANTEE ELECTRIC COOPERAT…$280KBLACK RIVER ELECTRIC COO…$200KTRI-COUNTY ELECTRIC COOP…$187KLITTLE RIVER ELECTRIC CO…$185KHORRY ELECTRIC COOPERATI…$100KBERKELEY ELECTRIC COOPER…$100K

Grant Size Distribution

53 grants across all recorded years

11<$50K6$50–100K8$100–250K7$250–500K7$500K–1M14$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Ryan Thomas serves as Principal Officer of the organization.

Compensation Overview

From 2024 IRS filing

ROBERT HOCHSTETLERPRESIDENT & CEO$1.0MMRYAN THOMASSVP OF ADMINISTRATION & CFO$406KJAMES COLE PRICEEVP OF MEMBER SERVICES$393KMARCUS HARRISSVP OF PLANNING & POWER SUPPLY$330KWILLIAM WARESVP OF ENGINEERING & ENG SVCS$281KKENNETH MOTSINGERDIRECTOR OF ENGINEERING$226KGERALD FLEMINGDIRECTOR OF POWER SUPPLY$209KLESLIE MALEYVP OF PLANNING AND POWER SUP…$192KDINAH RAVENCORPORATE CONTROLLER$190KJAMES TINDALDIR OF TRANSMISSION DESIGN &…$180KTODD BERRIANDIRECTOR OF RIGHT OF WAY SER…$177KA BERL DAVISCHAIRMAN$44KDOUGLAS A REEVESVICE CHAIRMAN$40KROBERT G ARDIS IIITRUSTEE$30KE PAUL BASHACHAIRMAN$25KTERRY W MALLARDTRUSTEE$25KJAMES L LOVINGGOODTRUSTEE$21KG KEITH AVERYTRUSTEE$21KGARY L STOOKSBURYTRUSTEE$20KMARY B SHERIDANTRUSTEE$20KCHAD T LOWDERSECRETARY$19KB ROBERT PAULLINGTRUSTEE$18KMARK L WALLINGTRUSTEE$18KDAVID EFELKELTRUSTEE$18KANITA P WHITNEYTRUSTEE$17KH WAYNE DEWITTTRUSTEE$17KJAMES L ROWETRUSTEE$17KSTEVE CHEWNINGTRUSTEE$17KKENNETH T CARTERTRUSTEE$16KBRUCE BACONTRUSTEE$15KJAMES A RISINGERTRUSTEE$14KMATTHEW D STANLEYTRUSTEE$14KANDY MCKNIGHTTRUSTEE$13KCHARLES E ADAIRTRUSTEE$13KFRANKLIN C BLANTONTRUSTEE$13KWILLIAM L FLEMING JRTRUSTEE$12KJAMES M BUNTON JRTRUSTEE$12KCAROLYN BOYDTRUSTEE$12KJOHNNIE L DICKERTTRUSTEE$11KTRAVIS BURRISSTRUSTEE$11KCHARLES R SMITHTRUSTEE$11KFRANKLIN M LOOPER JRTRUSTEE$11KMITCHELL RABONTRUSTEE$10KBARBARA F WESTONTRUSTEE$10KCHARLES R SANDERS JRTRUSTEE$10KJEFFREY M LEWISTRUSTEE$9KJAMES C SPENCERTRUSTEE$9KBRIAN W BROUGHTONTRUSTEE$7KDUSTIN CATOETRUSTEE$5KCHAD E STONETRUSTEE$4KJAMES E STEWART JRTRUSTEE$745

From 2024 filing

NameTitleHoursCompensation
A BERL DAVISCHAIRMAN7$44,327
ANDY MCKNIGHTTRUSTEE5$13,410
ANITA P WHITNEYTRUSTEE5$17,135
B ROBERT PAULLINGTRUSTEE5$18,253
BRIAN W BROUGHTONTRUSTEE5$6,705
CAROLYN BOYDTRUSTEE5$11,547
CHAD T LOWDERSECRETARY7$19,370
CHARLES R SMITHTRUSTEE5$10,803
DAVID EFELKELTRUSTEE5$17,507
DOUGLAS A REEVESVICE CHAIRMAN7$40,230
E PAUL BASHACHAIRMAN7$24,957
FRANKLIN M LOOPER JRTRUSTEE5$10,803
G KEITH AVERYTRUSTEE5$20,860
GARY L STOOKSBURYTRUSTEE5$20,488
H WAYNE DEWITTTRUSTEE5$17,135
JOHNNIE L DICKERTTRUSTEE5$11,175
ROBERT G ARDIS IIITRUSTEE5$29,800
STEVE CHEWNINGTRUSTEE5$16,762
TERRY W MALLARDTRUSTEE5$24,957
MARK L WALLINGTRUSTEE5$18,253
WILLIAM L FLEMING JRTRUSTEE5$11,920
MITCHELL RABONTRUSTEE5$10,430
JAMES L LOVINGGOODTRUSTEE5$21,232
BRUCE BACONTRUSTEE5$14,900
JAMES E STEWART JRTRUSTEE5$745
MARY B SHERIDANTRUSTEE5$20,488
JAMES M BUNTON JRTRUSTEE5$11,548
CHARLES E ADAIRTRUSTEE5$13,410
JAMES L ROWETRUSTEE5$17,135
BARBARA F WESTONTRUSTEE5$10,430
JAMES A RISINGERTRUSTEE5$13,783
MICHAEL FULLERTRUSTEE - SEE SCHEDULE O5
DANNY SHELLEYTRUSTEE - SEE SCHEDULE O5
FRANKLIN C BLANTONTRUSTEE5$12,665
JEFFREY M LEWISTRUSTEE5$8,940
TRAVIS BURRISSTRUSTEE5$11,175
KENNETH T CARTERTRUSTEE5$16,017
MATTHEW D STANLEYTRUSTEE5$13,783
DUSTIN CATOETRUSTEE$5,215
CHARLES R SANDERS JRTRUSTEE5$9,685
JAMES C SPENCERTRUSTEE5$8,940
CHAD E STONETRUSTEE5$3,725
ROBERT HOCHSTETLERPRESIDENT & CEO40$1,017,013
MRYAN THOMASSVP OF ADMINISTRATION & CFO40$405,560
JAMES COLE PRICEEVP OF MEMBER SERVICES40$393,316
WILLIAM WARESVP OF ENGINEERING & ENG SVCS40$281,174
MARCUS HARRISSVP OF PLANNING & POWER SUPPLY40$329,810
LESLIE MALEYVP OF PLANNING AND POWER SUPPLY40$191,500
KENNETH MOTSINGERDIRECTOR OF ENGINEERING40$225,592
GERALD FLEMINGDIRECTOR OF POWER SUPPLY40$209,092
JAMES TINDALDIR OF TRANSMISSION DESIGN & CONSTR40$180,324
DINAH RAVENCORPORATE CONTROLLER40$190,378
TODD BERRIANDIRECTOR OF RIGHT OF WAY SERVICES40$177,430

Recent News & Activity

Recent developments and announcements

Central Electric Power Cooperative Inc was awarded $500 million for clean energy projects, representing a significant investment in renewable and sustainable energy infrastructure for South Carolina.

Central Electric Power Cooperative awarded $500M for clean ...

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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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