2024-11-15T11:51:33-06:00 2023-12-31 570940019 BAUKNIGHT PIETRAS & STORMER PA 1501 MAIN ST SUITE 600 COLUMBIA SC 29201 990 2023-01-01 451285216 KW SAVINGS CO KWSA 8037966060 808 KNOX ABBOTT DRIVE CAYCE SC 29033 DINAH RAVEN CFO 8037794975 2024-11-15 1 1 SHELLIE S JOHNSON P00294226 8037718943 2024-11-15 2023 2024-10-15 13:58:12Z DINAH RAVEN 20 COOPERATIVE WAY COLUMBIA SC 29210 155254 0 X N/A X 2011 SC TO PROMOTE SOCIAL WELFARE BY FINANCIALLY SUPPORTING SOCIAL PROGRAMS DIRECTED TOWARD IMPROVING THE EFFICIENCY AND CONSERVATION OF ENERGY BY RESIDENTS OF THE COMMUNITY AND COMBATING DETERIORATION OF RESIDENTIAL HOUSING IN THE COMMUNITY. 7 7 0 0 0 0 0 0 13785 57522 115774 97732 0 0 129559 155254 0 0 0 0 0 0 0 0 0 176174 77295 176174 77295 -46615 77959 3668894 3960806 3416978 3630931 251916 329875 X TO PROMOTE SOCIAL WELFARE BY FINANCIALLY SUPPORTING SOCIAL PROGRAMS DIRECTED TOWARD IMPROVING THE EFFICIENCY AND CONSERVATION OF ENERGY BY RESIDENTS OF THE COMMUNITY AND COMBATING DETERIORATION OF RESIDENTIAL HOUSING IN THE COMMUNITY. 0 0 25432 23009 PROVIDE LOW INTEREST FINANCING OF ENERGY EFFICIENCY HOME IMPROVEMENTS MEETING CERTAIN CRITERIA. 19074 17257 PERFORM VISUAL AND COMPREHENSIVE AUDITS TO IDENTIFY POTENTIAL ENERGY EFFICIENCY HOME IMPROVEMENTS. 12716 11504 PERFORM POST-AUDITS TO DETERMINE THAT ENERGY EFFICIENCY PROJECTS MET ESTABLISHED CRITERIA. 6358 5752 COLLECT PRE-ENERGY AND POST-ENERGY USAGE DATA TO DETERMINE THE OVERALL EFFECTIVENESS OF THE PROGRAM. 6358 5752 63580 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X DINAH RAVEN 8037794975 20 COOPERATIVE WAY COLUMBIA SC 29210 X MARVIN SOX PRESIDENT 2.00 X X 0 0 0 MIKE COUICK SECRETARY/TREASURER 2.00 X X 0 0 0 DOUG REEVES DIRECTOR 1.00 X 0 0 0 GARY STOOKSBURY DIRECTOR 1.00 X 0 0 0 ROBERT HOCHSTETLER VICE PRESIDENT 2.00 X X 0 0 0 RON CALCATERRA DIRECTOR 1.00 X 0 0 0 CHAD LOWDER DIRECTOR 1.00 X 0 0 0 CHARLIE ALLEN DIRECTOR 1.00 X 0 0 0 JAY KIRBY DIRECTOR 1.00 X 0 0 0 JEFF LEWIS DIRECTOR 1.00 X 0 0 0 LINDSEY SMITH CHIEF OPERATING OFFICER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 ADMINISTRATIVE FEE 221000 42000 42000 RESP FRANCHISE FEE 221000 11522 11522 RESP SUBSCRIPTION 221000 4000 4000 57522 97732 97732 155254 57522 0 97732 X 1005 1005 13218 13218 30715 30715 4882 4882 LOAN ORIGINATION & SERV 31401 31401 BANK FEES 2246 2246 OTHER EXPENSES 1464 1464 BAD DEBT RECOVERY -7636 -7636 77295 63580 13715 0 187900 237253 223009 231336 27050 38731 3189287 3409512 41648 43974 3668894 3960806 28259 37652 2260429 2801931 1128290 791348 3416978 3630931 X 0 0 0 0 251916 329875 251916 329875 3668894 3960806 77959 0 X 0 1 X 0 0 0 X 155254 0 155254 0 155254 77295 0 77295 0 77295 PART X, LINE 2: KW SAVINGS CO HAS RECEIVED A DETERMINATION FROM THE INTERNAL REVENUE SERVICE THAT IT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 2 DIRECTORS LOWDER, REEVES, STOOKSBURY, ALLEN AND LEWIS ALL SERVE AS DIRECTORS ON THE BOARD OF CENTRAL ELECTRIC POWER COOPERATIVE, INC. DIRECTOR HOCHSTETLER IS THE CURRENT PRESIDENT AND CEO OF CENTRAL. DIRECTORS LOWDER, REEVES, STOOKSBURY, HOCHSTETLER, ALLEN AND LEWIS ALSO SERVE ON THE BOARD OF THE ELECTRIC COOPERATIVES OF SOUTH CAROLINA. DIRECTOR STOOKSBURY IS CEO OF AIKEN ELECTRIC COOPERATIVE. DIRECTOR LOWDER IS THE CEO OF TRI-COUNTY ELECTRIC COOPERATIVE. DIRECTOR KIRBY IS VP OF PUBLIC AFFAIRS FOR SANTEE ELECTRIC. DIRECTOR LEWIS IS CEO OF LITTLE RIVER ELECTRIC. DIRECTOR ALLEN IS CEO OF BLACK RIVER ELECTRIC. DIRECTOR SOX IS CHAIRMAN OF MID CAROLINA ELECTRICS BOARD. AIKEN, BLACK RIVER, LITTLE RIVER, SANTEE AND TRI-COUNTY ELECTRIC COOPERATIVES PARTICIPATE IN PROVIDING KWS'S SERVICES TO THEIR MEMBERS. DIRECTOR COUICK IS THE PRESIDENT AND CEO OF BOTH THE ELECTRIC COOPERATIVES OF SOUTH CAROLINA AND 1ST COOPERATIVE FEDERAL CREDIT UNION. 1ST COOPERATIVE PROVIDES LOAN DOCUMENTATION AND FILING SERVICES RELATED TO LOW INTEREST FINANCING OF ENERGY EFFICIENCY IMPROVEMENTS. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE RETURN WAS PROVIDED TO EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 12C THE COMPANY MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY WHICH CONTAINS A DUTY TO DISCLOSE PARAGRAPH. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADDRESS. FORM 990, PART IX, LINE 11G OTHER CONSULTING: PROGRAM SERVICE EXPENSES 30,715. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,715.