2021-11-11T10:45:27-06:00 2020-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2020-01-01 570204115 MARLBORO ELECTRIC COOPERATIVE INC MARL 8434793855 PO BOX 1057 BENNETTSVILLE SC 29512 WILLIAM L FLEMING JR PRESIDENT & CEO MECI 8434793855 2021-11-11 true WILLIAM FLEMING 999009999 BRYAN A ISGETT P01441928 4787466277 2021-11-11 2020 2022-09-23 18:48:47Z WILLIAM L FLEMING JR PO DRAWER 1057 BENNETTSVILLE SC 29512 71184446 false X WWW.MARLBOROELECTRIC.NET X 1939 SC 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. 9 9 32 0 0 75413999 70534498 577862 248396 -901471 401552 75090390 71184446 0 2813402 2302379 799061 826940 0 0 72379398 67653577 75991861 70782896 -901471 401550 86991313 94217420 57715888 62655153 29275425 31562267 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. false false N/A false false true false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false true false false true 45 0 true 32 true false false false false false 70141633 500868 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false SC X MARLBORO ECI 8434793855 PO BOX 1057 BENNETTSVILLE SC 29512 SAM P MCINNIS JR CHAIRMAN 10.00 X X 38540 0 0 JOHN M ALFORD VICE CHAIRMA 10.00 X X 23970 0 0 DONALD J QUICK SEC./TREASUR 10.00 X X 42111 0 0 WILLIAM M CARABO TRUSTEE 10.00 X 27233 0 0 JANELLE C SAULS TRUSTEE 10.00 X 23976 0 0 CHARLES R SMITH TRUSTEE 10.00 X 25124 0 0 WILLIAM R QUICK TRUSTEE 10.00 X 23970 0 0 EDGAR M GORDON TRUSTEE 10.00 X 27338 0 0 JAMES T GRANT TRUSTEE 10.00 X 23976 0 0 WILLIAM L FLEMING JR PRESIDENT & 40.00 X 389552 0 181150 JOHN L POWERS VP, STRATEGI 40.00 X 183094 0 104941 ROBERT T KIRK VP OF OPERAT 40.00 X 234549 0 115747 ROBERT B FLEMMING JR COO 40.00 X 409544 0 161781 RODDY BOWERS LINE SUPERIN 40.00 X 121635 0 63673 JUSTIN CHEEK JOURNEYMAN 40.00 X 125122 0 52315 1719734 679607 11 false true false ASHBY CONSULTING LLC 14 OXFORD ST CHEVY CHASE MD 20815 CONSULTING 348884 SOUTHEASTERN LIMB & TREE LLC 465 FORDVILLE RD RIDGELAND SC 29936 MAINTENANCE 347102 HOULIHAN LOKEY FINANCIAL ADVISORS 245 PARK AVE 20TH FLOOR NEW YORK NY 10167 FINANCIAL ANALY 129230 RIVERTOWN METERING SOLUTIONS 3693 HWY 378 CONWAY SC 29527 MAINTENANCE 120036 WHEELER TRIGG O'DONNELL LLP 370 17TH ST DENVER CO 80202 LEGAL SERVICES 118235 5 ELECTRIC REVENUE 221000 70141633 70141633 PATRONAGE CAPITAL CREDITS 221000 375021 375021 POLE RENTAL 221000 17844 17844 70534498 248396 248396 SUBSIDIARY EARNINGS 519130 401552 401552 401552 71184446 70516654 667792 2302379 2302379 826940 826940 1686605 1686605 2421718 2421718 PURCHASED POWER 55483956 55483956 ADMIN. & GENERAL EXP. 3081194 3081194 DISTRIBUTION OPERATIONS 2686079 2686079 DISTRIBUTION MAINTENANCE 1374978 1374978 919047 919047 70782896 70782896 0 0 329502 456769 13413067 18715949 394586 425232 176924 210852 91736639 20888900 69713510 70847739 4301636 4418785 -1337912 -857906 86991313 94217420 5563590 5887908 49558398 54100380 2593900 2666865 57715888 62655153 X 29275425 31562267 29275425 31562267 86991313 94217420 X 401550 1885292 X false true X true 5000 5000 5000 true LUCAS ATKINSON FOR SC HOUSE 333D BLATT BLDG COLUMBIA SC 29201 1000 JACKIE HAYES FOR SC HOUSE 333C BLATT BLDG COLUMBIA SC 29201 1000 PAT HENEGAN 333B BLATT BLDG COLUMBIA SC 29201 1000 LUKE RANKIN FOR SC SENATE 101 GRESSETTE BLDG COLUMBIA SC 29201 1000 GERALD MALLOY FOR SC SENATE 513 GRESSETTE BLDG COLUMBIA SC 29201 1000 SCHEDULE C, PART I-A, LINE 1 POLITICAL CONTRIBUTIONS DETAILED IN PART I-C. 2886183 2886183 88850456 20888900 67961556 70847739 ACCUM PROV FOR PENSION & BENEFITS 1512381 CONSUMER DEPOSITS 1096488 DEFERRED CREDITS 57996 2666865 X X X false false false WILLIAM L FLEMING JR PRESIDENT & CEO MECI 349025 17940 22587 147117 34033 570702 JOHN L POWERS VP, STRATEGIC SVCS 163700 9273 10121 83339 21602 288035 ROBERT T KIRK VP OF OPERATIONS 205905 11557 17087 86676 29071 350296 ROBERT B FLEMMING JR COO 282151 123172 4221 137399 24382 571325 RODDY BOWERS LINE SUPERINTENDENT 105291 6304 10040 49669 14004 185308 JUSTIN CHEEK JOURNEYMAN 118704 4887 1531 39025 13290 177437 FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7A THE COOPERATIVE HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE BOARD WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM. FORM 990, PAGE 6, PART VI, LINE 12C THE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY AS PROVIDED FOR IN ITS POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION OF THE CEO IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD. AS PART OF THE PROCESS THE BOARD UTILIZES A SALARY STUDY BY A RECOGNIZED NATIONAL ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE CEO. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS PART OF ITS FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI SECTION C LINE 18. FORM 990, PART XI, LINE 9 MEMBERSHIP FEES 595 CAPITAL CREDIT RETIREMENT -3,330,085 OTHER COMPREHENSIVE INCOME -34,000 PATRONAGE CAPITAL CREDITS 2,302,379 PATRONAGE CAPITAL - PERM. 2,946,403 TOTAL 1,885,292 MARLOBORO DEVELOPMENT TEAM INC 254 15-401BYPASS EAST BENNETTSVILLE SC 29512 463147291 DEVELOPMEN SC MARLBORO C CORP -3403417 43178028 1.00000 false false false false true false false false false false false false false false false false false false false false MARLBORO DEVELOPMENT TEAM INC E 11120724 COST MARLBORO DEVELOPMENT TEAM INC D 17371 COST
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<Form990PartVIISectionAGrp>
<PersonNm>ROBERT T KIRK</PersonNm>
<TitleTxt>VP OF OPERAT</TitleTxt>
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<HighestCompensatedEmployeeInd>X</HighestCompensatedEmployeeInd>
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</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>ROBERT B FLEMMING JR</PersonNm>
<TitleTxt>COO</TitleTxt>
<AverageHoursPerWeekRt>40.00</AverageHoursPerWeekRt>
<HighestCompensatedEmployeeInd>X</HighestCompensatedEmployeeInd>
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</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>RODDY BOWERS</PersonNm>
<TitleTxt>LINE SUPERIN</TitleTxt>
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<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>63673</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<Form990PartVIISectionAGrp>
<PersonNm>JUSTIN CHEEK</PersonNm>
<TitleTxt>JOURNEYMAN</TitleTxt>
<AverageHoursPerWeekRt>40.00</AverageHoursPerWeekRt>
<HighestCompensatedEmployeeInd>X</HighestCompensatedEmployeeInd>
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<ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
<OtherCompensationAmt>52315</OtherCompensationAmt>
</Form990PartVIISectionAGrp>
<TotalReportableCompFromOrgAmt>1719734</TotalReportableCompFromOrgAmt>
<TotalOtherCompensationAmt>679607</TotalOtherCompensationAmt>
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<ContractorName>
<BusinessName>
<BusinessNameLine1Txt>ASHBY CONSULTING LLC</BusinessNameLine1Txt>
</BusinessName>
</ContractorName>
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<USAddress>
<AddressLine1Txt>14 OXFORD ST</AddressLine1Txt>
<CityNm>CHEVY CHASE</CityNm>
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<ZIPCd>20815</ZIPCd>
</USAddress>
</ContractorAddress>
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<ContractorCompensationGrp>
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<BusinessName>
<BusinessNameLine1Txt>SOUTHEASTERN LIMB & TREE LLC</BusinessNameLine1Txt>
</BusinessName>
</ContractorName>
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<USAddress>
<AddressLine1Txt>465 FORDVILLE RD</AddressLine1Txt>
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</USAddress>
</ContractorAddress>
<ServicesDesc>MAINTENANCE</ServicesDesc>
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<ContractorCompensationGrp>
<ContractorName>
<BusinessName>
<BusinessNameLine1Txt>HOULIHAN LOKEY FINANCIAL ADVISORS</BusinessNameLine1Txt>
</BusinessName>
</ContractorName>
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<USAddress>
<AddressLine1Txt>245 PARK AVE 20TH FLOOR</AddressLine1Txt>
<CityNm>NEW YORK</CityNm>
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<ZIPCd>10167</ZIPCd>
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</ContractorAddress>
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<ContractorCompensationGrp>
<ContractorName>
<BusinessName>
<BusinessNameLine1Txt>RIVERTOWN METERING SOLUTIONS</BusinessNameLine1Txt>
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</ContractorName>
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<USAddress>
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<CityNm>CONWAY</CityNm>
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<ZIPCd>29527</ZIPCd>
</USAddress>
</ContractorAddress>
<ServicesDesc>MAINTENANCE</ServicesDesc>
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<ContractorName>
<BusinessName>
<BusinessNameLine1Txt>WHEELER TRIGG O'DONNELL LLP</BusinessNameLine1Txt>
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</ContractorName>
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<USAddress>
<AddressLine1Txt>370 17TH ST</AddressLine1Txt>
<CityNm>DENVER</CityNm>
<StateAbbreviationCd>CO</StateAbbreviationCd>
<ZIPCd>80202</ZIPCd>
</USAddress>
</ContractorAddress>
<ServicesDesc>LEGAL SERVICES</ServicesDesc>
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<RelatedOrExemptFuncIncomeAmt>70141633</RelatedOrExemptFuncIncomeAmt>
</ProgramServiceRevenueGrp>
<ProgramServiceRevenueGrp>
<Desc>PATRONAGE CAPITAL CREDITS</Desc>
<BusinessCd>221000</BusinessCd>
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<RelatedOrExemptFuncIncomeAmt>375021</RelatedOrExemptFuncIncomeAmt>
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<ProgramServiceRevenueGrp>
<Desc>POLE RENTAL</Desc>
<BusinessCd>221000</BusinessCd>
<TotalRevenueColumnAmt>17844</TotalRevenueColumnAmt>
<ExclusionAmt>17844</ExclusionAmt>
</ProgramServiceRevenueGrp>
<TotalProgramServiceRevenueAmt>70534498</TotalProgramServiceRevenueAmt>
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<ExclusionAmt>248396</ExclusionAmt>
</InvestmentIncomeGrp>
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<Desc>SUBSIDIARY EARNINGS</Desc>
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<TotalRevenueColumnAmt>401552</TotalRevenueColumnAmt>
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<OtherRevenueTotalAmt>401552</OtherRevenueTotalAmt>
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<TotalRevenueColumnAmt>71184446</TotalRevenueColumnAmt>
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<ProgramServicesAmt>2302379</ProgramServicesAmt>
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<CompCurrentOfcrDirectorsGrp>
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<ProgramServicesAmt>826940</ProgramServicesAmt>
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<ProgramServicesAmt>1686605</ProgramServicesAmt>
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<ProgramServicesAmt>2421718</ProgramServicesAmt>
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<ProgramServicesAmt>2686079</ProgramServicesAmt>
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<Desc>DISTRIBUTION MAINTENANCE</Desc>
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<ProgramServicesAmt>1374978</ProgramServicesAmt>
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<AllOtherExpensesGrp>
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<ProgramServicesAmt>919047</ProgramServicesAmt>
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<ProgramServicesAmt>70782896</ProgramServicesAmt>
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<EOYAmt>456769</EOYAmt>
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<BOYAmt>5563590</BOYAmt>
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<BOYAmt>2593900</BOYAmt>
<EOYAmt>2666865</EOYAmt>
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<TotalLiabilitiesGrp>
<BOYAmt>57715888</BOYAmt>
<EOYAmt>62655153</EOYAmt>
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<OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
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<BOYAmt>29275425</BOYAmt>
<EOYAmt>31562267</EOYAmt>
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<TotalNetAssetsFundBalanceGrp>
<BOYAmt>29275425</BOYAmt>
<EOYAmt>31562267</EOYAmt>
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<BOYAmt>86991313</BOYAmt>
<EOYAmt>94217420</EOYAmt>
</TotLiabNetAssetsFundBalanceGrp>
<InfoInScheduleOPartXIInd>X</InfoInScheduleOPartXIInd>
<ReconcilationRevenueExpnssAmt>401550</ReconcilationRevenueExpnssAmt>
<OtherChangesInNetAssetsAmt>1885292</OtherChangesInNetAssetsAmt>
<MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
<AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
<FSAuditedInd>true</FSAuditedInd>
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<ConsolidatedBasisFinclStmtInd>X</ConsolidatedBasisFinclStmtInd>
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<AuditCommitteeInd>true</AuditCommitteeInd>
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<IRS990ScheduleC documentId="RetDoc5">
<PoliticalExpendituresAmt>5000</PoliticalExpendituresAmt>
<InternalFundsContributedAmt>5000</InternalFundsContributedAmt>
<TotalExemptFunctionExpendAmt>5000</TotalExemptFunctionExpendAmt>
<Form1120POLFiledInd>true</Form1120POLFiledInd>
<Section527PoliticalOrgGrp>
<OrganizationBusinessName>
<BusinessNameLine1Txt>LUCAS ATKINSON FOR SC HOUSE</BusinessNameLine1Txt>
</OrganizationBusinessName>
<USAddress>
<AddressLine1Txt>333D BLATT BLDG</AddressLine1Txt>
<CityNm>COLUMBIA</CityNm>
<StateAbbreviationCd>SC</StateAbbreviationCd>
<ZIPCd>29201</ZIPCd>
</USAddress>
<PaidInternalFundsAmt>1000</PaidInternalFundsAmt>
</Section527PoliticalOrgGrp>
<Section527PoliticalOrgGrp>
<OrganizationBusinessName>
<BusinessNameLine1Txt>JACKIE HAYES FOR SC HOUSE</BusinessNameLine1Txt>
</OrganizationBusinessName>
<USAddress>
<AddressLine1Txt>333C BLATT BLDG</AddressLine1Txt>
<CityNm>COLUMBIA</CityNm>
<StateAbbreviationCd>SC</StateAbbreviationCd>
<ZIPCd>29201</ZIPCd>
</USAddress>
<PaidInternalFundsAmt>1000</PaidInternalFundsAmt>
</Section527PoliticalOrgGrp>
<Section527PoliticalOrgGrp>
<OrganizationBusinessName>
<BusinessNameLine1Txt>PAT HENEGAN</BusinessNameLine1Txt>
</OrganizationBusinessName>
<USAddress>
<AddressLine1Txt>333B BLATT BLDG</AddressLine1Txt>
<CityNm>COLUMBIA</CityNm>
<StateAbbreviationCd>SC</StateAbbreviationCd>
<ZIPCd>29201</ZIPCd>
</USAddress>
<PaidInternalFundsAmt>1000</PaidInternalFundsAmt>
</Section527PoliticalOrgGrp>
<Section527PoliticalOrgGrp>
<OrganizationBusinessName>
<BusinessNameLine1Txt>LUKE RANKIN FOR SC SENATE</BusinessNameLine1Txt>
</OrganizationBusinessName>
<USAddress>
<AddressLine1Txt>101 GRESSETTE BLDG</AddressLine1Txt>
<CityNm>COLUMBIA</CityNm>
<StateAbbreviationCd>SC</StateAbbreviationCd>
<ZIPCd>29201</ZIPCd>
</USAddress>
<PaidInternalFundsAmt>1000</PaidInternalFundsAmt>
</Section527PoliticalOrgGrp>
<Section527PoliticalOrgGrp>
<OrganizationBusinessName>
<BusinessNameLine1Txt>GERALD MALLOY FOR SC SENATE</BusinessNameLine1Txt>
</OrganizationBusinessName>
<USAddress>
<AddressLine1Txt>513 GRESSETTE BLDG</AddressLine1Txt>
<CityNm>COLUMBIA</CityNm>
<StateAbbreviationCd>SC</StateAbbreviationCd>
<ZIPCd>29201</ZIPCd>
</USAddress>
<PaidInternalFundsAmt>1000</PaidInternalFundsAmt>
</Section527PoliticalOrgGrp>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>SCHEDULE C, PART I-A, LINE 1</FormAndLineReferenceDesc>
<ExplanationTxt>POLITICAL CONTRIBUTIONS DETAILED IN PART I-C.</ExplanationTxt>
</SupplementalInformationDetail>
</IRS990ScheduleC>
<IRS990ScheduleD documentId="RetDoc6">
<LandGrp>
<OtherCostOrOtherBasisAmt>2886183</OtherCostOrOtherBasisAmt>
<BookValueAmt>2886183</BookValueAmt>
</LandGrp>
<EquipmentGrp>
<OtherCostOrOtherBasisAmt>88850456</OtherCostOrOtherBasisAmt>
<DepreciationAmt>20888900</DepreciationAmt>
<BookValueAmt>67961556</BookValueAmt>
</EquipmentGrp>
<TotalBookValueLandBuildingsAmt>70847739</TotalBookValueLandBuildingsAmt>
<OtherLiabilitiesOrgGrp>
<Desc>ACCUM PROV FOR PENSION & BENEFITS</Desc>
<Amt>1512381</Amt>
</OtherLiabilitiesOrgGrp>
<OtherLiabilitiesOrgGrp>
<Desc>CONSUMER DEPOSITS</Desc>
<Amt>1096488</Amt>
</OtherLiabilitiesOrgGrp>
<OtherLiabilitiesOrgGrp>
<Desc>DEFERRED CREDITS</Desc>
<Amt>57996</Amt>
</OtherLiabilitiesOrgGrp>
<TotalLiabilityAmt>2666865</TotalLiabilityAmt>
</IRS990ScheduleD>
<IRS990ScheduleJ documentId="RetDoc7">
<Form990OfOtherOrganizationsInd>X</Form990OfOtherOrganizationsInd>
<CompensationSurveyInd>X</CompensationSurveyInd>
<BoardOrCommitteeApprovalInd>X</BoardOrCommitteeApprovalInd>
<SeverancePaymentInd>false</SeverancePaymentInd>
<SupplementalNonqualRtrPlanInd>false</SupplementalNonqualRtrPlanInd>
<EquityBasedCompArrngmInd>false</EquityBasedCompArrngmInd>
<RltdOrgOfficerTrstKeyEmplGrp>
<BusinessName>
<BusinessNameLine1Txt>WILLIAM L FLEMING JR</BusinessNameLine1Txt>
</BusinessName>
<TitleTxt>PRESIDENT & CEO MECI</TitleTxt>
<BaseCompensationFilingOrgAmt>349025</BaseCompensationFilingOrgAmt>
<BonusFilingOrganizationAmount>17940</BonusFilingOrganizationAmount>
<OtherCompensationFilingOrgAmt>22587</OtherCompensationFilingOrgAmt>
<DeferredCompensationFlngOrgAmt>147117</DeferredCompensationFlngOrgAmt>
<NontaxableBenefitsFilingOrgAmt>34033</NontaxableBenefitsFilingOrgAmt>
<TotalCompensationFilingOrgAmt>570702</TotalCompensationFilingOrgAmt>
</RltdOrgOfficerTrstKeyEmplGrp>
<RltdOrgOfficerTrstKeyEmplGrp>
<PersonNm>JOHN L POWERS</PersonNm>
<TitleTxt>VP, STRATEGIC SVCS</TitleTxt>
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<BonusFilingOrganizationAmount>9273</BonusFilingOrganizationAmount>
<OtherCompensationFilingOrgAmt>10121</OtherCompensationFilingOrgAmt>
<DeferredCompensationFlngOrgAmt>83339</DeferredCompensationFlngOrgAmt>
<NontaxableBenefitsFilingOrgAmt>21602</NontaxableBenefitsFilingOrgAmt>
<TotalCompensationFilingOrgAmt>288035</TotalCompensationFilingOrgAmt>
</RltdOrgOfficerTrstKeyEmplGrp>
<RltdOrgOfficerTrstKeyEmplGrp>
<PersonNm>ROBERT T KIRK</PersonNm>
<TitleTxt>VP OF OPERATIONS</TitleTxt>
<BaseCompensationFilingOrgAmt>205905</BaseCompensationFilingOrgAmt>
<BonusFilingOrganizationAmount>11557</BonusFilingOrganizationAmount>
<OtherCompensationFilingOrgAmt>17087</OtherCompensationFilingOrgAmt>
<DeferredCompensationFlngOrgAmt>86676</DeferredCompensationFlngOrgAmt>
<NontaxableBenefitsFilingOrgAmt>29071</NontaxableBenefitsFilingOrgAmt>
<TotalCompensationFilingOrgAmt>350296</TotalCompensationFilingOrgAmt>
</RltdOrgOfficerTrstKeyEmplGrp>
<RltdOrgOfficerTrstKeyEmplGrp>
<PersonNm>ROBERT B FLEMMING JR</PersonNm>
<TitleTxt>COO</TitleTxt>
<BaseCompensationFilingOrgAmt>282151</BaseCompensationFilingOrgAmt>
<BonusFilingOrganizationAmount>123172</BonusFilingOrganizationAmount>
<OtherCompensationFilingOrgAmt>4221</OtherCompensationFilingOrgAmt>
<DeferredCompensationFlngOrgAmt>137399</DeferredCompensationFlngOrgAmt>
<NontaxableBenefitsFilingOrgAmt>24382</NontaxableBenefitsFilingOrgAmt>
<TotalCompensationFilingOrgAmt>571325</TotalCompensationFilingOrgAmt>
</RltdOrgOfficerTrstKeyEmplGrp>
<RltdOrgOfficerTrstKeyEmplGrp>
<PersonNm>RODDY BOWERS</PersonNm>
<TitleTxt>LINE SUPERINTENDENT</TitleTxt>
<BaseCompensationFilingOrgAmt>105291</BaseCompensationFilingOrgAmt>
<BonusFilingOrganizationAmount>6304</BonusFilingOrganizationAmount>
<OtherCompensationFilingOrgAmt>10040</OtherCompensationFilingOrgAmt>
<DeferredCompensationFlngOrgAmt>49669</DeferredCompensationFlngOrgAmt>
<NontaxableBenefitsFilingOrgAmt>14004</NontaxableBenefitsFilingOrgAmt>
<TotalCompensationFilingOrgAmt>185308</TotalCompensationFilingOrgAmt>
</RltdOrgOfficerTrstKeyEmplGrp>
<RltdOrgOfficerTrstKeyEmplGrp>
<PersonNm>JUSTIN CHEEK</PersonNm>
<TitleTxt>JOURNEYMAN</TitleTxt>
<BaseCompensationFilingOrgAmt>118704</BaseCompensationFilingOrgAmt>
<BonusFilingOrganizationAmount>4887</BonusFilingOrganizationAmount>
<OtherCompensationFilingOrgAmt>1531</OtherCompensationFilingOrgAmt>
<DeferredCompensationFlngOrgAmt>39025</DeferredCompensationFlngOrgAmt>
<NontaxableBenefitsFilingOrgAmt>13290</NontaxableBenefitsFilingOrgAmt>
<TotalCompensationFilingOrgAmt>177437</TotalCompensationFilingOrgAmt>
</RltdOrgOfficerTrstKeyEmplGrp>
</IRS990ScheduleJ>
<IRS990ScheduleO documentId="RetDoc8">
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 6</FormAndLineReferenceDesc>
<ExplanationTxt>THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 7A</FormAndLineReferenceDesc>
<ExplanationTxt>THE COOPERATIVE HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 7B</FormAndLineReferenceDesc>
<ExplanationTxt>CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
<ExplanationTxt>FORM 990 IS REVIEWED BY THE BOARD WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
<ExplanationTxt>THE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY AS PROVIDED FOR IN ITS POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
<ExplanationTxt>COMPENSATION OF THE CEO IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD. AS PART OF THE PROCESS THE BOARD UTILIZES A SALARY STUDY BY A RECOGNIZED NATIONAL ORGANIZATION.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15B</FormAndLineReferenceDesc>
<ExplanationTxt>COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE CEO.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
<ExplanationTxt>THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS PART OF ITS FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI SECTION C LINE 18.</ExplanationTxt>
</SupplementalInformationDetail>
<SupplementalInformationDetail>
<FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9</FormAndLineReferenceDesc>
<ExplanationTxt>MEMBERSHIP FEES 595 CAPITAL CREDIT RETIREMENT -3,330,085 OTHER COMPREHENSIVE INCOME -34,000 PATRONAGE CAPITAL CREDITS 2,302,379 PATRONAGE CAPITAL - PERM. 2,946,403 TOTAL 1,885,292</ExplanationTxt>
</SupplementalInformationDetail>
</IRS990ScheduleO>
<IRS990ScheduleR documentId="RetDoc9">
<IdRelatedOrgTxblCorpTrGrp>
<RelatedOrganizationName>
<BusinessNameLine1Txt>MARLOBORO DEVELOPMENT TEAM INC</BusinessNameLine1Txt>
</RelatedOrganizationName>
<USAddress>
<AddressLine1Txt>254 15-401BYPASS EAST</AddressLine1Txt>
<CityNm>BENNETTSVILLE</CityNm>
<StateAbbreviationCd>SC</StateAbbreviationCd>
<ZIPCd>29512</ZIPCd>
</USAddress>
<EIN>463147291</EIN>
<PrimaryActivitiesTxt>DEVELOPMEN</PrimaryActivitiesTxt>
<LegalDomicileStateCd>SC</LegalDomicileStateCd>
<DirectControllingEntityName>
<BusinessNameLine1Txt>MARLBORO</BusinessNameLine1Txt>
</DirectControllingEntityName>
<EntityTypeTxt>C CORP</EntityTypeTxt>
<ShareOfTotalIncomeAmt>-3403417</ShareOfTotalIncomeAmt>
<ShareOfEOYAssetsAmt>43178028</ShareOfEOYAssetsAmt>
<OwnershipPct>1.00000</OwnershipPct>
<ControlledOrganizationInd>false</ControlledOrganizationInd>
</IdRelatedOrgTxblCorpTrGrp>
<ReceiptOfIntAnntsRntsRyltsInd>false</ReceiptOfIntAnntsRntsRyltsInd>
<GiftGrntOrCapContriToOthOrgInd>false</GiftGrntOrCapContriToOthOrgInd>
<GiftGrntCapContriFromOthOrgInd>false</GiftGrntCapContriFromOthOrgInd>
<LoansOrGuaranteesToOtherOrgInd>true</LoansOrGuaranteesToOtherOrgInd>
<LoansOrGuaranteesFromOthOrgInd>false</LoansOrGuaranteesFromOthOrgInd>
<DivRelatedOrganizationInd>false</DivRelatedOrganizationInd>
<AssetSaleToOtherOrgInd>false</AssetSaleToOtherOrgInd>
<AssetPurchaseFromOtherOrgInd>false</AssetPurchaseFromOtherOrgInd>
<AssetExchangeInd>false</AssetExchangeInd>
<RentalOfFacilitiesToOthOrgInd>false</RentalOfFacilitiesToOthOrgInd>
<RentalOfFcltsFromOthOrgInd>false</RentalOfFcltsFromOthOrgInd>
<PerformOfServicesForOthOrgInd>false</PerformOfServicesForOthOrgInd>
<PerformOfServicesByOtherOrgInd>false</PerformOfServicesByOtherOrgInd>
<SharingOfFacilitiesInd>false</SharingOfFacilitiesInd>
<PaidEmployeesSharingInd>false</PaidEmployeesSharingInd>
<ReimbursementPaidToOtherOrgInd>false</ReimbursementPaidToOtherOrgInd>
<ReimbursementPaidByOtherOrgInd>false</ReimbursementPaidByOtherOrgInd>
<TransferToOtherOrgInd>false</TransferToOtherOrgInd>
<TransferFromOtherOrgInd>false</TransferFromOtherOrgInd>
<TransactionsRelatedOrgGrp>
<OtherOrganizationName>
<BusinessNameLine1Txt>MARLBORO DEVELOPMENT TEAM INC</BusinessNameLine1Txt>
</OtherOrganizationName>
<TransactionTypeTxt>E</TransactionTypeTxt>
<InvolvedAmt>11120724</InvolvedAmt>
<MethodOfAmountDeterminationTxt>COST</MethodOfAmountDeterminationTxt>
</TransactionsRelatedOrgGrp>
<TransactionsRelatedOrgGrp>
<OtherOrganizationName>
<BusinessNameLine1Txt>MARLBORO DEVELOPMENT TEAM INC</BusinessNameLine1Txt>
</OtherOrganizationName>
<TransactionTypeTxt>D</TransactionTypeTxt>
<InvolvedAmt>17371</InvolvedAmt>
<MethodOfAmountDeterminationTxt>COST</MethodOfAmountDeterminationTxt>
</TransactionsRelatedOrgGrp>
</IRS990ScheduleR>
</ReturnData>
</Return>