SC | co-op news YORK www.yorkelectric.net 1385 E. Alexander Love Hwy. York, SC 29745 1-866-374-1234 MEMBER SERVICES (803) 684-4248 MAIN OFFICE (803) 684-4247 (800) 582-8810 Hours: 8 a.m.–5 p.m. Monday–Friday FORT MILL OFFICE 2089 Hwy. 21 Bypass Fort Mill, SC 29715 (803) 548-4244 Hours: 8 a.m.–12:30 p.m. and 1:30 p.m.–5 p.m. BOARD OF TRUSTEES E. Jack Cornwell Chairman, District 2 Max T. Settlemyre Vice Chairman, District 1 Richard B. Sadler Secretary/Treasurer, District 9 Richard M. Roach, District 3 Paul D. Poston, District 4 Carolyn Hicks Boyd, District 5 William Roy “Will” Mitchell, District 6 Marion Comer, District 7 From the corner of the board room Paul Basha CO-OP NEWS EDITOR Porter W. Gable FIND US ON AS WE MOVE into 2020, we want our membership to be more informed than ever before on our purpose as a cooperative and your role as members. Please allow me to take a minute to introduce myself on behalf of YEC’s Board of Trustees, who are honored to continue serving you. My name is Jack Cornwell. I represent District 2 on your board and currently serve as chairman. I am happy to share insight from the board room, as well as a review of your co-op’s 2019 accomplishments. As board members, we spend a great deal of time each month studying reports and analyzing the best way to continue providing excellent service. This includes several types of training sessions so that we may better understand the jobs of YEC employees and how we can best support them in their mission to take care of our members. For 2019, this included six different in-house training sessions, giving us more details about what goes on day-to-day at your co-op. We received reports from employees and industry experts, began work on our strategic plan for the next fifive years, and reviewed 58 company policies, holding true to our pledge to look out for you. Each month, we study safety reports, approve fifinancial documents, and provide direction, vision and approval for economic development projects. We plan for future growth and goals for improvement, and review and suggest bylaw changes to protect members’ rights. We strategize our debt to best serve our members. We also work together to make your co-op a gold standard for governance by reviewing our compliance with the new South Carolina legislation. Additionally, we completed a risk assessment of your co-op to be better prepared against potential threats. Just this past year, we completed YEC’s 2019 accomplishments—no small feat. We spent a great deal of time reviewing, discussing and researching the sale of Santee Cooper to ensure that your power costs stay low and that YEC members are protected. We worked to complete two audits to take a deep dive into your cooperative’s fifinancials, helping to keep costs low. These audits included one by an independent auditor, who reviewed all our fifinancials, including cash flflow, with your board without any employees present. There was also a Rural Utility Services audit of over $72 million worth of power continued on page 5 Tommie Bratton, District 8 PRESIDENT & CHIEF Standing (from left) Carolyn Hicks Boyd, District 5; Marion Comer, District 7; Tommie Bratton, District 8; Richard M. Roach, District 3; RichardB.Sadler,Secretary/Treasurer,District9; William Roy “Will” Mitchell, District 6; seated (from left) Paul D. Poston, District 4; Max T. Settlemyre, Vice Chairman, District 1; E.JackCornwell,Chairman,District2. EXECUTIVE OFFICER Meet York Electric’s Board of Trustees, who are looking out for you! 4 SOUTH CAROLINA LIVING | JANUARY 2020 | SCLIVING.COOP ERIN POWELL