Central Electric Power Cooperative Inc
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
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
States
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Coastal Electric Cooperative Inc ($1,000,000), York Electric Cooperative Inc ($580,000), Lynches River Electric Cooperative Inc ($470,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COASTAL ELECTRIC COOPERATIVE INC WALTERBORO, SC | ECONOMIC DEVELOPMENT | $1,000,000 |
| YORK ELECTRIC COOPERATIVE INC YORK, SC | ECONOMIC DEVELOPMENT | $580,000 |
| SANTEE ELECTRIC COOPERATIVE INC KINGSTREE, SC | ECONOMIC DEVELOPMENT | $280,000 |
| LITTLE RIVER ELECTRIC COOPERATIVE INC ABBEVILLE, SC | ECONOMIC DEVELOPMENT | $185,000 |
| BLACK RIVER ELECTRIC COOPERATIVEINC SUMTER, SC | ECONOMIC DEVELOPMENT | $200,000 |
| HORRY ELECTRIC COOPERATIVE INC CONWAY, SC | ECONOMIC DEVELOPMENT | $100,000 |
| BERKELEY ELECTRIC COOPERATIVE INC MONCKS CORNER, SC | ECONOMIC DEVELOPMENT | $100,000 |
| LYNCHES RIVER ELECTRIC COOPERATIVE INC PAGELAND, SC | ECONOMIC DEVELOPMENT | $470,000 |
| TRI-COUNTY ELECTRIC COOPERATICE INC ST MATTHEWS, SC | ECONOMIC DEVELOPMENT | $187,199 |
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| A BERL DAVIS | CHAIRMAN | 7 | $44,327 |
| ANDY MCKNIGHT | TRUSTEE | 5 | $13,410 |
| ANITA P WHITNEY | TRUSTEE | 5 | $17,135 |
| B ROBERT PAULLING | TRUSTEE | 5 | $18,253 |
| BRIAN W BROUGHTON | TRUSTEE | 5 | $6,705 |
| CAROLYN BOYD | TRUSTEE | 5 | $11,547 |
| CHAD T LOWDER | SECRETARY | 7 | $19,370 |
| CHARLES R SMITH | TRUSTEE | 5 | $10,803 |
| DAVID EFELKEL | TRUSTEE | 5 | $17,507 |
| DOUGLAS A REEVES | VICE CHAIRMAN | 7 | $40,230 |
| E PAUL BASHA | CHAIRMAN | 7 | $24,957 |
| FRANKLIN M LOOPER JR | TRUSTEE | 5 | $10,803 |
| G KEITH AVERY | TRUSTEE | 5 | $20,860 |
| GARY L STOOKSBURY | TRUSTEE | 5 | $20,488 |
| H WAYNE DEWITT | TRUSTEE | 5 | $17,135 |
| JOHNNIE L DICKERT | TRUSTEE | 5 | $11,175 |
| ROBERT G ARDIS III | TRUSTEE | 5 | $29,800 |
| STEVE CHEWNING | TRUSTEE | 5 | $16,762 |
| TERRY W MALLARD | TRUSTEE | 5 | $24,957 |
| MARK L WALLING | TRUSTEE | 5 | $18,253 |
| WILLIAM L FLEMING JR | TRUSTEE | 5 | $11,920 |
| MITCHELL RABON | TRUSTEE | 5 | $10,430 |
| JAMES L LOVINGGOOD | TRUSTEE | 5 | $21,232 |
| BRUCE BACON | TRUSTEE | 5 | $14,900 |
| JAMES E STEWART JR | TRUSTEE | 5 | $745 |
| MARY B SHERIDAN | TRUSTEE | 5 | $20,488 |
| JAMES M BUNTON JR | TRUSTEE | 5 | $11,548 |
| CHARLES E ADAIR | TRUSTEE | 5 | $13,410 |
| JAMES L ROWE | TRUSTEE | 5 | $17,135 |
| BARBARA F WESTON | TRUSTEE | 5 | $10,430 |
| JAMES A RISINGER | TRUSTEE | 5 | $13,783 |
| MICHAEL FULLER | TRUSTEE - SEE SCHEDULE O | 5 | — |
| DANNY SHELLEY | TRUSTEE - SEE SCHEDULE O | 5 | — |
| FRANKLIN C BLANTON | TRUSTEE | 5 | $12,665 |
| JEFFREY M LEWIS | TRUSTEE | 5 | $8,940 |
| TRAVIS BURRISS | TRUSTEE | 5 | $11,175 |
| KENNETH T CARTER | TRUSTEE | 5 | $16,017 |
| MATTHEW D STANLEY | TRUSTEE | 5 | $13,783 |
| DUSTIN CATOE | TRUSTEE | — | $5,215 |
| CHARLES R SANDERS JR | TRUSTEE | 5 | $9,685 |
| JAMES C SPENCER | TRUSTEE | 5 | $8,940 |
| CHAD E STONE | TRUSTEE | 5 | $3,725 |
| ROBERT HOCHSTETLER | PRESIDENT & CEO | 40 | $1,017,013 |
| MRYAN THOMAS | SVP OF ADMINISTRATION & CFO | 40 | $405,560 |
| JAMES COLE PRICE | EVP OF MEMBER SERVICES | 40 | $393,316 |
| WILLIAM WARE | SVP OF ENGINEERING & ENG SVCS | 40 | $281,174 |
| MARCUS HARRIS | SVP OF PLANNING & POWER SUPPLY | 40 | $329,810 |
| LESLIE MALEY | VP OF PLANNING AND POWER SUPPLY | 40 | $191,500 |
| KENNETH MOTSINGER | DIRECTOR OF ENGINEERING | 40 | $225,592 |
| GERALD FLEMING | DIRECTOR OF POWER SUPPLY | 40 | $209,092 |
| JAMES TINDAL | DIR OF TRANSMISSION DESIGN & CONSTR | 40 | $180,324 |
| DINAH RAVEN | CORPORATE CONTROLLER | 40 | $190,378 |
| TODD BERRIAN | DIRECTOR OF RIGHT OF WAY SERVICES | 40 | $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 ...Frequently Asked Questions
What does Central Electric Power Cooperative Inc fund?
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 …
How do I apply for a grant from Central Electric Power Cooperative Inc?
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. Typical grant awards range from $16,350 to $2,000,000. The organization reported total giving of $3,102,199 in its most recent tax filing.
Where does Central Electric Power Cooperative Inc make grants?
Central Electric Power Cooperative Inc operates exclusively in South Carolina, serving nineteen member distribution cooperatives throughout the state.
What size grants does Central Electric Power Cooperative Inc award?
In 2024, Central Electric Power Cooperative Inc awarded 9 grants totaling $3.1M — an average of about $345K per grant, based on its IRS Form 990 filings.
What is Central Electric Power Cooperative Inc's EIN?
Central Electric Power Cooperative Inc's EIN (Employer Identification Number) is 57-0299350. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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