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Laurens Electric Cooperative INC

501(c)
Research & Policy · LAURENS, SC · EIN 57-0196563

About

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.

Donations are NOT tax-deductible
Category
Research & Policy
Employees
163
Volunteers

Financial Snapshot

FY ending 2024-12-31
Revenue
$163.1M
Expenses
$163.1M
Assets
$335.7M
Liabilities
$217.0M

Financial history

$163.1M$81.5M$0
161718192021222324
RevenueExpenses
Latest FY2024: $163.1M · Avg: $143.8M
LAURENS ELECTRIC COOPERATIVE INC
Your actions

Address

PO BOX 700
Laurens, SC, 29360-070

Governance

Voting board members9
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.