Edisto Electric Cooperative Inc
Revenue
$69.6m
year to 31 December 2025
Expenses
$69.6m
year to 31 December 2025
Total assets
$254m
$209.2m liabilities
Net assets
$44.8m
assets less liabilities
Directors and trustees
9
8.0y av
Staff
73
employees, year to 31 December 2025
Left since last filing
0
no seats appear to have opened
Officers and senior staff
8
named in Part VII
Edisto Electric Cooperative Inc's network
9 people1 organisationi9 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (9). Violet dotted lines (1) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
9 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 10 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Christopher P Sandifer | Trustee | 2018 | 8 yrs |
| Ervin M Mathias III | Trustee | 2018 | 8 yrs |
| F Pickens Williams | Sec./Treasur | 2018 | 8 yrs |
| Jack G Vallentine III | Trustee | 2018 | 8 yrs |
| Mary F Nimmons | Trustee | 2018 | 8 yrs |
| Michael T Hollingsworth | Trustee | 2018 | 8 yrs |
| R Wayne Welch | Vice Chairma | 2018 | 8 yrs |
| Stanley M Funchess | Trustee | 2018 | 8 yrs |
| Travis Owens Burbage | Trustee | 2022 | 4 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
8 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Brian C Hefner | VP of Member | since 2020 |
| Daniel C Eubanks | VP of Engine | since 2019 |
| David E Felkel | President & | since 2018 |
| Jennifer H Johnston | VP of Human | since 2018 |
| Lawrence C Smoak III | VP of Operat | since 2018 |
| Michael C Kinard | Ops. Supervi | 2025 |
| Richard C Stephenson | VP of Financ | since 2018 |
| Robert D Bessinger | VP of Human | since 2021 |
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| David E Felkel | President & | 50 | $364k | $168k | |
| Lawrence C Smoak III | VP of Operat | 40 | $182k | $103k | |
| Robert D Bessinger | VP of Financ | 40 | $181k | $102k | |
| Daniel C Eubanks | VP of Engine | 40 | $177k | $101k | |
| Brian C Hefner | VP of Member | 40 | $160k | $92k | |
| Michael C Kinard | Ops. Supervi | 40 | $129k | $83k | |
| Jack G Vallentine III | Trustee | 2 | $47k | ||
| Douglas A Reeves | Chairman | 4 | $43k | ||
| Stanley M Funchess | Trustee | 2 | $43k | ||
| Christopher P Sandifer | Trustee | 2 | $42k | ||
| Michael T Hollingsworth | Trustee | 2 | $42k | ||
| Ervin M Mathias III | Trustee | 2 | $42k | ||
| Mary F Nimmons | Trustee | 2 | $25k | ||
| R Wayne Welch | Vice Chairma | 3 | $11k | ||
| Travis Owens Burbage | Trustee | 2 | $7k | ||
| F Pickens Williams | Sec./Treasur | 3 | $6k |
About
- Legal name
- Edisto Electric Cooperative Inc
- EIN
- 570158355
- Address
- Po Box 547, Bamberg, SC, 29003-0547
- State
- South Carolina
- 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. (as filed on the Form 990)
- Activity (NTEE)
- W80 Public and societal benefit
- IRS classification
- 501(c)12 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Public & Societal Benefit
- Size band
- 9 (IRS master file code)
- Formed
- 1939
- Principal officer
- David E Felkel (as named on the Form 990)
- IRS ruling date
- 1 September 1942
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2025
Most connected
Longest observed on the filings
≥8years on the filingsChristopher P Sandifer
≥8years on the filingsErvin M Mathias III
≥8years on the filingsF Pickens Williams
≥8years on the filingsJack G Vallentine III
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $254m
- Total liabilities
- $209.2m
- Net assets or fund balances
- $44.8m
- Contributions and grants received
- $0
- Program service revenue
- $66.8m
- Employees
- 73