TY 2023 Form 990 Schedule O

efile Public Visual Render ObjectId: 202411919349300531 - Submission: 2024-07-09 TIN: 57-0199889

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization

LITTLE RIVER ELECTRIC
COOPERATIVE INC

Employer identification number

57-0199889

Return Reference	Explanation
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 FOR TOP MANAGEMENT IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD.
FORM 990, PAGE 6, PART VI, LINE 15B	COMPENSATION FOR OTHER KEY MANAGEMENT POSITIONS IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD.
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 VII	ALL TRUSTEES THAT SERVED ON THE BOARD DURING THE CURRENT YEAR ARE REQUIRED TO BE LISTED AS CURRENT OFFICERS. MEMBERS OF THE BOARD THAT SERVED DURING THE YEAR, BUT WERE NO LONGER MEMBERS OF THE BOARD OF TRUSTEES ARE DESIGNATED AS "TRUSTEE-FORMER". IN ACCORDANCE WITH SOUTH CAROLINA LAW (SECTION 33-49-160), DETAILED COMPENSATION DISCLOSURES FOR THE BOARD OF TRUSTEES ARE REQUIRED TO BE ACCESSIBLE AND VISIBLE TO MEMBERS OF THE COOPERATIVE. THE COOPERATIVE MAKES THIS DETAILED INFORMATION AVIALABLE THROUGH ITS MEMBER PORTAL.
FORM 990, PART XI, LINE 9	PATRONAGE CAPITAL ASSIGNED 1,283,319 PATRONAGE CAPITAL CREDITS RETIRED -303,873 OTHER COMPREHENSIVE INCOME -96,809 OTHER EQUITY -13,737 TOTAL 868,900

Return Reference

Explanation

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 FOR TOP MANAGEMENT IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD.

FORM 990, PAGE 6, PART VI, LINE 15B

COMPENSATION FOR OTHER KEY MANAGEMENT POSITIONS IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD.

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 VII

ALL TRUSTEES THAT SERVED ON THE BOARD DURING THE CURRENT YEAR ARE REQUIRED TO BE LISTED AS CURRENT OFFICERS. MEMBERS OF THE BOARD THAT SERVED DURING THE YEAR, BUT WERE NO LONGER MEMBERS OF THE BOARD OF TRUSTEES ARE DESIGNATED AS "TRUSTEE-FORMER". IN ACCORDANCE WITH SOUTH CAROLINA LAW (SECTION 33-49-160), DETAILED COMPENSATION DISCLOSURES FOR THE BOARD OF TRUSTEES ARE REQUIRED TO BE ACCESSIBLE AND VISIBLE TO MEMBERS OF THE COOPERATIVE. THE COOPERATIVE MAKES THIS DETAILED INFORMATION AVIALABLE THROUGH ITS MEMBER PORTAL.

FORM 990, PART XI, LINE 9

PATRONAGE CAPITAL ASSIGNED 1,283,319 PATRONAGE CAPITAL CREDITS RETIRED -303,873 OTHER COMPREHENSIVE INCOME -96,809 OTHER EQUITY -13,737 TOTAL 868,900

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2023

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