Edisto Electric Cooperative, Inc.

Overview

Mission

To 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. Edisto Electric Cooperative, Inc., your Touchstone Energy® Partner, is a member-owned rural electric cooperative headquartered in Bamberg, South Carolina. Founded in 1939, the co-op provides service to residential, commercial and industrial consumers in Allendale, Bamberg, Barnwell, Berkeley, Colleton, Dorchester, Hampton and Orangeburg Counties. We give the power to light homes and brighten the streets; to warm long winter nights and cool hot summer days; to open retail doors and turn the cogs of commerce. If you are one of the thousands with whom we serve and touch your life every day, take a look at how you can get more from your cooperative membership. Although our members receive electr.

Operating model

Revenue model

Earned-program. 96% of the money available for current operations came from fees and other program revenue.

Distribution model

Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

• Financial Efficiency: 0
• Transparency & Controls: 77
• Accountability: 95
• Sustainability: 40
• Growth: 60

Detailed rating inputs

Details

• What they do: 1 programs and campaigns described on the official site · 1 operating location identified
• Where the money goes: 0% of revenue deployed · 0% of spending went to programs
• Governance: 10 of 10 board members independent · 8 of 9 filing controls reported
• Programs: 1 filed program accomplishment
• Leadership: top reported pay $532K · 16 people listed · 3 of 6 pay-setting controls reported
• Highest-paid contractors: 5 contractors listed · $5.6M reported
• Consistency: 13 of 14 current checks pass · 1 finding to review
• Schedules: 3 filed schedules · includes executive pay
• Filing history: 10 filing years from 2016 to 2025
• Contacts: How to reach this organization
• Money network: 16 filed money-flow records
• Related organizations: Filed and resolved organization relationships.
• Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
• People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

• High — Financial Efficiency: Mission deployment rate scored 0/100.
• High — Financial Efficiency: Program expense ratio scored 0/100.
• High — Sustainability: Operating margin scored 23/100.
• Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
• Review — Accountability: Governance controls: Document-retention policy not reported.
• High — Sustainability: Liabilities to assets ratio scored 16/100.
• Moderate — Sustainability: Officer compensation ratio scored 43/100.