York Electric Cooperative Inc
501(c)(12)
Strong reserves
York Electric Cooperative Inc is a 501(c)(12) organization based in York, South Carolina, registered in 1975, with $151,220,535 in FY2024 revenue.
1385 Alexander Love Hwy E, York, SC, 29745 EIN 57-0274084 Since 1975
Revenue (FY2024)
$151.2M
▲ 7.1% vs prior year
Expenses (FY2024)
$151.2M
Net assets
$120.2M
Employees
138
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 York 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 rating10 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 York Electric Cooperative Inc: 10 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 York 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 York 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 unsurpassed innovative and diversified service at a reasonable cost while improving the quality of life and promoting integrity, economic development, safety and a vision of the future.
Contact & location
- Address
- 1385 Alexander Love Hwy E, York, SC, 29745
- City
- York
- State
- South Carolina
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $116.1M (FY2016) to $151.2M (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $161.9MNet assets $120.2M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$282.1M
Total liabilities
$161.9M
Net assets
$120.2M
Salaries & benefits
$567K
0% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $151,220,535▲7.1% | $151,220,535▲7.1% | $120,243,520▲3.1% | $282,095,755▲11.0% | 990 |
| 2023 | $141,230,800▲3.4% | $141,230,800▲3.4% | $116,606,095▲5.9% | $254,106,046▲0.8% | 990 |
| 2022 | $136,652,507▲3.2% | $136,652,507▲3.2% | $110,081,114▲5.0% | $252,077,799▲5.8% | 990 |
| 2021 | $132,392,701▲2.8% | $132,392,701▲2.8% | $104,841,009▲13.7% | $238,323,188▲4.8% | 990 |
| 2020 | $128,825,195▼1.5% | $128,825,195▼1.5% | $92,194,808▲2.7% | $227,500,963▲1.1% | 990 |
| 2019 | $130,737,382▲2.2% | $130,737,382▲2.2% | $89,796,215▲19.3% | $225,046,324▲14.9% | 990 |
| 2018 | $127,940,953▲9.2% | $127,940,953▲9.2% | $75,270,882▲3.7% | $195,854,668▲11.4% | 990 |
| 2017 | $117,166,625▲0.9% | $117,166,625▲1.0% | $72,587,344▲4.2% | $175,889,213▲5.2% | 990 |
| 2016 | $116,111,302 | $115,975,024 | $69,659,630 | $167,146,388 | 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 (FY2024)
Highest-paid: E Paul Basha — $450,618 (0.30% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| E Paul Basha | President & | 50 | $450,618 |
| J Craig Spencer | President & | 50 | $274,162 |
| R Marcus Howie | Vp-comm. Dev | 40 | $193,129 |
| W Phillip Leake | Vp of Operat | 40 | $171,229 |
| James Salmon | Vp of Info. | 40 | $167,111 |
| Wendy Catledge | Vp-member Se | 40 | $162,476 |
| Patricia Moss | Vp of Human | 40 | $160,709 |
| William Mitchell | Trustee | 4 | $43,323 |
| Scott Good | Trustee | 4 | $41,673 |
| Richard Sadler | Vice Chairma | 5 | $41,323 |
| Kevin Tolson | Trustee | 4 | $24,409 |
| Carolyn Boyd | Secretary/tr | 5 | $23,286 |
| Tommie Bratton | Trustee | 4 | $22,575 |
| Tom Settlemyre | Chairman | 6 | $22,404 |
| Edward Jack Cornwell | Trustee | 4 | $17,050 |
| Richard Roach | Trustee | 4 | $16,254 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Asplundh Tree Experty Company | Row Clearing | $2,885,140 |
| Pike Enterprises LLC | Construction | $1,757,267 |
| Williams Electric Utility | Construction | $1,240,286 |
| Ks Trenchco LLC | Construction | $640,437 |
| Substation Concrete Services | Construction | $551,489 |
Grants received · $802K total
6 grants to York Electric Cooperative Inc totaling $802K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Central Electric Power Cooperative Inc | Economic development | 2024 | $580,000 |
| Central Electric Power Cooperative Inc | Economic development | 2023 | $21,565 |
| Central Electric Power Cooperative Inc | Economic development | 2022 | $55,020 |
| Central Electric Power Cooperative Inc | Economic development | 2021 | $53,280 |
| Central Electric Power Cooperative Inc | Economic development | 2020 | $32,507 |
| Central Electric Power Cooperative Inc | Economic development | 2019 | $59,277 |
Frequently asked questions
- Is York Electric Cooperative Inc a legitimate nonprofit?
- Yes. York Electric Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 57-0274084, based in York, South Carolina.
- What is York Electric Cooperative Inc's EIN?
- York Electric Cooperative Inc's Employer Identification Number (EIN) is 57-0274084.
- How much revenue does York Electric Cooperative Inc report?
- York Electric Cooperative Inc reported $151,220,535 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does York Electric Cooperative Inc's highest-paid employee make?
- The highest reported compensation on York Electric Cooperative Inc's latest Form 990 is $450,618, paid to E Paul Basha (President &).
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Explore more
Data for York Electric Cooperative Inc (EIN 57-0274084) 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.