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Filing year 2024

SANTEE ELECTRIC COOPERATIVE INC

Kingstree, South Carolina·EIN 57-0240935·12
Total revenue
$135.9M
Total assets
$282.8M
Total expenses
$135.9M
Reported officers
16
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.

Executive compensation, broken down

Form 990 · Schedule J · 16 reported individuals · Filing year 2024

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
$604k
$640k
Vice Preside
vice president
$354k
$376k
Vp-engineeri
highest compensated employee
$336k
$356k
Vp-operation
highest compensated employee
$291k
$308k
Crew Foreman
highest compensated employee
$246k
$261k
Mgr. of Gis,
highest compensated employee
$244k
$259k
Vp-public Af
highest compensated employee
$196k
$208k
Chairman
board chair
$45k
$48k
Sec-treas
officer (unspecified)
$41k
$43k
Asst. Sec-tr
board member
$39k
$42k
Trustee
board member
$25k
$26k
Vice Chairma
board vice chair
$23k
$25k
Trustee
board member
$23k
$24k
Second Vice
officer (unspecified)
$22k
$23k
Trustee
board member
$14k
$15k
Trustee
board member
$11k
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 5%
from 2023

From $574k in 2023 to $604k in 2024.

$574k
2023
$604k
2024
In today's dollarsEst.
Up 2% in real terms$627k to $640k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SANTEE ELECTRIC COOPERATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$133M
$133M
2023
$135.9M
$135.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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