Mid-carolina Electric Cooperative

Unknown organization based in Lexington, SC. 168 employees. Exempt under §501(c)(12).

MissionWE DELIVER RELIABLE, COST EFFICIENT UTILITIES AND INNOVATIVE SOLUTIONS TO OUR MEMBERS.

EIN
57-0210417
State
SC
Sector
Unknown
Budget band
$50M+
Latest filing
TY 2023
Records
6 officers · 5 years

Financial snapshot · TY 2023

$144.8M
Total revenue
$144.8M
Total expenses
$368.9M
Net assets

Financial health · TY 2023

16
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
39
7.1 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

$736,991
$388,201
Troy Simpson
VP - MEMBER
$337,118
Bobby Wilbur
VP - OPERATI
$329,628
Steve Davidson
VP- INFORMAT
$281,205

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