Berkeley Electric Cooperative Trust

Tax-deductible

Moncks Corner, SC501(c)(3)Foundations & GrantmakersEIN 57-0956017Revenue $698K in FY2025

On file with the IRSberkeleyelectric.coopPo Box 1234, 29461-1244 · Moncks Corner, SCTax-exempt since Jan 1994Publicly supported charity — 170(b)(1)(A)(vi)

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The mission of Berkeley Electric Trust is the disbursement of operation round-up funds for charitable purposes in Berkeley, charleston and dorchester counties.this shall be accomplished by disbursement of funds to individuals and organizations for food, shelter, clothing, health needs and education.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$19K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $33K a year · 5% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$19K
to officers and key staff · 3% of spending
Top officer’s pay lower than 98% of similar orgs
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$698K
+2% vs prior year
Spent
$556K
To programs
100%
Net assets
$305K
By yearFY2020–FY2025
Revenue
$698K
FY2025▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$457K
FY2021$493K
FY2022$602K
FY2023$650K
FY2024$686K
FY2025$698K
Expenses
$556K
FY2025▼ -8%
Tap a bar for its year
Expenses by fiscal year
FY2020$116K
FY2021$659K
FY2022$798K
FY2023$659K
FY2024$603K
FY2025$556K
Net assets
$305K
FY2025▲ +87%
Tap a bar for its year
Net assets by fiscal year
FY2020$450K
FY2021$285K
FY2022$89K
FY2023$80K
FY2024$163K
FY2025$305K

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $556K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $19K paid to officers and key staff.

Part VII, Section A · reportable compensation
$2,250Pt VII · Sec A
$2,250Pt VII · Sec A
$2,250Pt VII · Sec A
Vice Preside
$2,250Pt VII · Sec A
$2,025Pt VII · Sec A
Chairman
$1,800Pt VII · Sec A
$1,800Pt VII · Sec A
$1,575Pt VII · Sec A

Samuel Brownlee’s $2K as Treasurer is at the 2nd percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Alton Hood$900$2,850$2,100$2,100$2,108—
James Graham$1,800$2,275$1,750$1,925$2,767—
Samuel Brownlee$2,250$2,275$1,925$1,750$2,680—
William Jones$2,250$2,675$2,100$2,100$2,174$600
William Smoak$450$2,675$2,100$1,750——
Barbara Singleton$2,250$2,500$1,925$1,750——
Latonia Brothers$2,025$2,450$1,925$2,275$1,874$1,050
Bonny Luthy————$2,307$450

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Berkeley Electric Cooperative Trust executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Distributes funds to individuals and organizations for basic needs and education.

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Provided by the organization

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1 program · $556K · in their own filed words · FY2025
01

The purpose of the trust is to accumulate and disburse funds for charitable purposes in the service area of berkeley eci.

$556Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 29 grants · $3.2M · 2020–2025
Unitemized GrantFY2025$483,729
Unitemized GrantFY2025$25,000
Greater Bethel A M E ChurchSC · FY2025$10,000
Unitemized GrantFY2024$526,317
Unitemized GrantFY2024$25,000
Wildlife Action INCSC · FY2024$10,000
Unitemized GrantFY2023$595,330
Unitemized GrantFY2023$25,000
Sumpter Free Health ClinicSC · FY2023$8,000
Unitemized GrantFY2022$655,985
Unitemized GrantFY2022$50,000
OtherFY2022$12,500
Unitemized GrantFY2021$441,050
Canaan Christian ChurchSC · FY2021$25,000
See all 29 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$698K
Ln 12
Gifts and grantsLn 1h$698K
Investment incomeLn 3$118
Money outPt IX
$556K
Ln 25
Programscol B$556K
Owns and owesPt X
$305K
net assets · Ln 32
Cash and savingsLn 1–2$247K
Total assetsLn 16$305K
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A11
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$698K
Investment incomeLn 3$118
Total revenueLn 12$698K
Assets in detailPt X, end of year
CashLn 1$247K
Cash and savings togetherLn 1–2$247K
Total assetsLn 16$305K
LiabilitiesLn 26$0
Net assetsLn 32$305K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$106K$247K
Total assetsLn 16$163K$305K
LiabilitiesLn 26$0$0
Net assetsLn 32$163K$305K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$22K$22K
Grants to domestic individualsLn 2$509K$509K
Pay of current officers, directors and key staffLn 5$19K$19K
Other fees for servicesLn 11g$6K$6K
Total functional expensesLn 25$556K$556K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $698K$556K$142K$305K 990 PDF
FY2024 $686K$603K$83K$163K 990 PDF
FY2023 $650K$659K−$9K$80K 990 PDF
FY2022 $602K$798K−$196K$89K 990 PDF
FY2021 $493K$659K−$166K$285K 990 PDF
FY2020 $457K$116K$342K$450K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $697,745 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $686,097$697,627
I-9 Program service revenue$0
I-10 Investment incomePrior year $64$118
I-11 Other revenue$0
I-12 Total revenuePrior year $686,161$697,745
I-13 Grants and similar amounts paidPrior year $573,817$531,229
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $21,750$18,675
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $7,115$5,856
I-18 Total expensesPrior year $602,682$555,760
I-19 Revenue less expensesPrior year $83,479$141,985
Part VI · Governance 9 of 9 board members independent, 3 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $697,745 across 4 lines filed
VIII-1f All other contributions, gifts and grants$697,627
VIII-1h Total contributions, gifts and grants$697,627
VIII-3 Investment incomeExcluded from tax $118$118
VIII-12 Total revenueExcluded from tax $118$697,745
Part IX · Statement of functional expenses $555,760 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $22,500$22,500
IX-2 Grants to domestic individualsPrograms $508,729$508,729
IX-5 Pay of current officers, directors and key staffPrograms $18,675$18,675
IX-11g Other fees for servicesPrograms $5,856$5,856
IX-25 Total functional expensesPrograms $555,760 · Management $0 · Fundraising $0$555,760
Part X · Balance sheet $305,412 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $106,383$246,509
X-4 Accounts receivableStart of year $57,044$58,903
X-16 Total assetsStart of year $163,427$305,412
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $163,427$305,412
X-32 Total net assets or fund balancesStart of year $163,427$305,412
X-33 Total liabilities and net assetsStart of year $163,427$305,412
Part XI · Reconciliation of net assets $305,412 net assets at year end
XI-1 Total revenue$697,745
XI-2 Total expenses$555,760
XI-3 Revenue less expenses$141,985
XI-4 Net assets at start of year$163,427
XI-10 Net assets at end of year$305,412

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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