Santee Electric Cooperative Inc
501(c)(12)
Strong reserves
Santee Electric Cooperative Inc is a 501(c)(12) organization based in Kingstree, South Carolina, registered in 1943, with $156,282,282 in FY2025 revenue.
Po Box 548, Kingstree, SC, 29556 EIN 57-0240935 Since 1943
Revenue (FY2025)
$156.3M
▲ 15.0% vs prior year
Expenses (FY2025)
$156.7M
Net assets
$112.4M
Employees
127
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Santee Electric Cooperative Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · -0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Santee Electric Cooperative Inc: 9 mo reserves · -0% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Santee Electric Cooperative Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Santee Electric Cooperative Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide quality service and products to meet the energy needs of our members at a competitive price consistent with sound business practices, while enhancing the quality of life in our service area through the support of economic, civic and educational opportunities.
Contact & location
- Address
- Po Box 548, Kingstree, SC, 29556
- City
- Kingstree
- State
- South Carolina
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $134.6M (FY2013) to $156.3M (FY2025) across 13 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $193.2MNet assets $112.4M
Operating margin
-0.3%
Spent more than it raised in the latest fiscal year.
Total assets
$305.6M
Total liabilities
$193.2M
Net assets
$112.4M
Salaries & benefits
$21.4M
14% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $156,282,282▲15.0% | $156,687,392▲15.3% | $112,397,334▲5.3% | $305,553,911▲8.0% | 990 |
| 2024 | $135,947,346▲2.2% | $135,947,346▲2.2% | $106,766,703▲6.2% | $282,800,638▲0.7% | 990 |
| 2023 | $133,042,151▼2.9% | $133,042,151▼2.9% | $100,531,422▲5.4% | $280,951,194▲4.7% | 990 |
| 2022 | $137,026,293▲4.8% | $137,026,293▲4.8% | $95,424,917▲2.6% | $268,330,133▲6.6% | 990 |
| 2021 | $130,812,084▼0.7% | $130,812,084▼0.7% | $93,015,273▲5.5% | $251,670,332▲1.7% | 990 |
| 2020 | $131,707,767▼2.3% | $131,707,767▼2.3% | $88,161,625▲6.7% | $247,515,578▲0.9% | 990 |
| 2019 | $134,820,689▼5.2% | $134,820,689▼5.2% | $82,651,773▲6.7% | $245,285,086▲6.9% | 990 |
| 2018 | $142,289,014▲2.9% | $142,289,014▲2.9% | $77,426,074▲2.0% | $229,435,874▲1.4% | 990 |
| 2017 | $138,306,257▲3.1% | $138,306,257▲3.1% | $75,890,472▲4.3% | $226,302,031▲2.9% | 990 |
| 2016 | $134,110,198▲0.8% | $134,110,198▲0.8% | $72,781,487▲0.9% | $219,839,561▲3.9% | 990 |
| 2015 | $132,998,563▼5.0% | $132,998,561▼5.0% | $72,100,337▼3.1% | $211,646,119▼2.2% | 990 |
| 2014 | $139,980,526▲4.0% | $139,980,526▲4.0% | $74,431,018▲4.4% | $216,416,489▲2.5% | 990 |
| 2013 | $134,633,411 | $134,633,411 | $71,282,245 | $211,152,434 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2025)
Highest-paid: Robert Ardis III — $453,082 (0.29% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Robert Ardis III | President & | 50 | $453,082 |
| James R Cooper | Vice Preside | 50 | $262,140 |
| Robert F Higbe III | Vp-engineeri | 50 | $219,534 |
| Ronald A Johnson | Vp-operation | 47 | $188,725 |
| James Kirby | Vp-public Af | 42 | $170,045 |
| Jaime Johnson | Crew Foreman | 55 | $163,258 |
| Clarence Pressley | 1st Class Li | 67 | $161,719 |
| Billy L Morris Jr | Chairman | 8 | $53,737 |
| Donald E Coker | Sec-treas | 8 | $44,020 |
| Andy D Mcknight | Asst. Sec-tr | 8 | $41,952 |
| Timothy Cooper | Trustee | 8 | $26,060 |
| William Floyd | Second Vice | 8 | $23,988 |
| Dudley Musier | Trustee | 8 | $23,588 |
| Walter Sanders | Trustee | 8 | $23,546 |
| Allen Nesmith | Vice Chairma | 8 | $22,480 |
| Harry Walters | Trustee | 8 | $14,980 |
Top vendors & contractors (FY2025)
| Contractor | Services | Paid |
|---|---|---|
| Coastal Structures Corporation | Construction | $4,788,049 |
| Sumter Utilities Inc | Construction | $4,061,831 |
| Jimmie's Tree Service Inc | Row | $2,983,218 |
| Xylem 1 LLC | Row | $2,329,501 |
| Davis Construction Utility | Construction | $1,495,575 |
Grants received · $2.5M total
4 grants to Santee Electric Cooperative Inc totaling $2.5M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Central Electric Power Cooperative Inc | Economic development | 2024 | $280,000 |
| Central Electric Power Cooperative Inc | Economic development | 2023 | $1,100,000 |
| Central Electric Power Cooperative Inc | Economic development | 2022 | $1,037,600 |
| Central Electric Power Cooperative Inc | Economic development | 2021 | $130,000 |
Frequently asked questions
- Is Santee Electric Cooperative Inc a legitimate nonprofit?
- Yes. Santee Electric Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 57-0240935, based in Kingstree, South Carolina.
- What is Santee Electric Cooperative Inc's EIN?
- Santee Electric Cooperative Inc's Employer Identification Number (EIN) is 57-0240935.
- How much revenue does Santee Electric Cooperative Inc report?
- Santee Electric Cooperative Inc reported $156,282,282 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- How much does Santee Electric Cooperative Inc's highest-paid employee make?
- The highest reported compensation on Santee Electric Cooperative Inc's latest Form 990 is $453,082, paid to Robert Ardis III (President &).
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Data for Santee Electric Cooperative Inc (EIN 57-0240935) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.