COTTON ELECTRIC COOPERATIVE INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- COTTON ELECTRIC COOPERATIVE INC (EIN 73-0199463)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-09-10
- IRS object ID
- 202422549349301107
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-09-10T10:20:11-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 731293012 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRISCOE BURKE & GRIGSBY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4120 E 51ST STREET | AddressLine1Txt |
| City | TULSA | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 741353639 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 730199463 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COTTON ELECTRIC COOPERATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COTT | BusinessNameControlTxt |
| Phone | 5808753351 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 226 NORTH BROADWAY ST | AddressLine1Txt |
| City | WALTERS | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 735721226 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER M MEASON | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 5808754241 | PhoneNum |
| Signature | 2024-08-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL K BURKE CPA | PreparerPersonNm |
| PTIN | P00054433 | PTIN |
| Phone | 9187498337 | PhoneNum |
| Preparation | 2024-08-27 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-08-08 14:25:15Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JENNIFER M MEASON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 226 NORTH BROADWAY | AddressLine1Txt |
| City | WALTERS | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 735721299 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $84,194,669 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.COTTONELECTRIC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1938 | FormationYr |
| Legal Domicile State | OK | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 94 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $91,883,319 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $83,314,905 | CYProgramServiceRevenueAmt |
| PY Investment Income | $123,213 | PYInvestmentIncomeAmt |
| CY Investment Income | $248,612 | CYInvestmentIncomeAmt |
| PY Other Revenue | $164,607 | PYOtherRevenueAmt |
| CY Other Revenue | $163,550 | CYOtherRevenueAmt |
| PY Total Revenue | $92,171,139 | PYTotalRevenueAmt |
| CY Total Revenue | $83,727,067 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $6,267,169 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $7,673,840 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,044,355 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,037,330 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $84,171,247 | PYOtherExpensesAmt |
| CY Other Expenses | $74,099,454 | CYOtherExpensesAmt |
| PY Total Expenses | $92,482,771 | PYTotalExpensesAmt |
| CY Total Expenses | $83,810,624 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$311,632 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$83,557 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $181,150,607 | TotalAssetsBOYAmt |
| Total Assets EOY | $182,061,211 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $87,657,521 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $81,021,156 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $93,493,086 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $101,040,055 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | TO PROVIDE ELECTRICITY TO OUR MEMBERS - 23,622 ACTIVE SERVICES AT YEAR-END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS AND WERE ALLOCATED PATRONAGE CAPITAL. | Desc |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (true) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 61 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 94 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Members And Shr Gross Income | $79,970,059 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $975,081 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THE COOPERATIVE | PersonNm |
| Phone | 5808753351 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 226 NORTH BROADWAY | AddressLine1Txt |
| City | WALTERS | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 73572 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| JENNIFER M MEASON | |||||||
| CEO | 40.00 | Yes (X) | $264,456 | $0 | $141,606 | ||
| BRYCE HOOPER | |||||||
| COO | 40.00 | Yes (X) | $163,782 | $0 | $80,479 | ||
| MICHAEL W OTTINGER | |||||||
| VP OPERATION | 40.00 | Yes (X) | $153,818 | $0 | $68,811 | ||
| CLINT INGRAM | |||||||
| LINE OP SUPE | 40.00 | $120,998 | $0 | $76,012 | Yes (X) | ||
| ZACHARY SMITH | |||||||
| CREW CHIEF | 40.00 | $131,558 | $0 | $37,515 | Yes (X) | ||
| JEROMY BOWERS | |||||||
| VP ADMIN & I | 40.00 | Yes (X) | $123,187 | $0 | $38,446 | ||
| JOHN WIYGUL | |||||||
| JOURNEYMAN L | 40.00 | $119,114 | $0 | $36,029 | Yes (X) | ||
| KEETON SALLEE | |||||||
| JOURNEYMAN L | 40.00 | $115,590 | $0 | $27,100 | Yes (X) | ||
| KYLE LINTHICUM | |||||||
| JOURNEYMAN L | 40.00 | $116,957 | $0 | $22,533 | Yes (X) | ||
| STEVEN ROBINSON | |||||||
| DIRECTOR | 5.00 | $29,176 | $0 | $0 | Yes (X) | ||
| NICHOLE SCOTT | |||||||
| DIRECTOR | 5.00 | $28,176 | $0 | $0 | Yes (X) | ||
| BRIAN DEMARCUS | |||||||
| DIRECTOR | 5.00 | $26,426 | $0 | $0 | Yes (X) | ||
| TONY HIGH | |||||||
| DIRECTOR | 5.00 | $26,120 | $0 | $0 | Yes (X) | ||
| CLIFFORD DUNHAM | |||||||
| DIRECTOR | 5.00 | $25,426 | $0 | $0 | Yes (X) | ||
| MARTIN CLARK | |||||||
| DIRECTOR | 5.00 | $25,120 | $0 | $0 | Yes (X) | ||
| DELL FARRIS | |||||||
| DIRECTOR | 5.00 | $18,529 | $0 | $0 | Yes (X) | ||
| KEN LAYN | |||||||
| DIRECTOR | 5.00 | $12,486 | $0 | $0 | Yes (X) | ||
| SHANNON FILES | |||||||
| DIRECTOR | 5.00 | $6,016 | $0 | $0 | Yes (X) | ||
| RONNIE BOHOT | |||||||
| DIRECTOR | 5.00 | $1,864 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,508,799 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $528,531 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 25 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| TITAN POWERLINE LLC | |||||
| 4320 COOPERWOOD ST | DUNCAN | OK | 73533 | CONSTRUCTION | $2,604,319 |
| MCCOY TREE SURGERY CO | |||||
| PO BOX 649319 | DALLAS | TX | 75264 | RIGHT OF WAY | $715,703 |
| TECHSERV CONSULTING & TRAINING | |||||
| 12078 HWY 64 WEST | TYLER | TX | 75704 | POLE LICENSE | $506,244 |
| ALL AMERICAN CONSTRUCTION | |||||
| 164343 6 MILES ROAD | MARLOW | OK | 73055 | CONSTRUCTION | $278,642 |
| PROGRESSIVE SOLUTIONS | |||||
| PO BOX 825124 | PHILADELPHIA | PA | 19182 | $212,715 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| SALES OF ELECTRICITY | 221000 | $79,889,099 | $79,889,099 |
| PATRONAGE DIVIDENDS | 221000 | $3,344,846 | $3,344,846 |
| SERVICE FEES | 221000 | $80,960 | $80,960 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $83,314,905 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $208,055 | TotalRevenueColumnAmt |
| Exclusion | $208,055 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $126,094 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $126,094 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $126,094 | TotalRevenueColumnAmt |
| Exclusion | $126,094 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $54,560 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $14,003 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $40,557 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $40,557 | TotalRevenueColumnAmt |
| Exclusion | $40,557 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $478,247 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $453,599 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,648 | TotalRevenueColumnAmt |
| Exclusion | $24,648 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|
| OTHER | $9,308 | $9,308 |
| INTERCONNECTION FEE | $3,500 | $3,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $12,808 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $83,727,067 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $83,314,905 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $412,162 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,673,840 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,233,925 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $803,405 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,244,157 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,029,165 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PURCHASED POWER | $54,252,215 |
| DISTRIBUTION | $8,515,922 |
| CONSUMER EXPENSE | $1,734,269 |
| TAXES | $1,583,454 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $740,272 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,810,624 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,772,892 | BOYAmt |
| EOY | $1,414,690 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,179,317 | BOYAmt |
| EOY | $1,096,955 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,185,539 | BOYAmt |
| EOY | $13,026,189 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,193,609 | BOYAmt |
| EOY | $2,351,008 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,379 | BOYAmt |
| EOY | $85,085 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $168,507,257 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $45,246,854 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $118,380,188 | BOYAmt |
| EOY | $123,260,403 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,339,683 | BOYAmt |
| EOY | $40,826,881 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $181,150,607 | BOYAmt |
| EOY | $182,061,211 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,644,430 | BOYAmt |
| EOY | $7,634,988 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,444,338 | BOYAmt |
| EOY | $63,009,677 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,568,753 | BOYAmt |
| EOY | $10,376,491 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,657,521 | BOYAmt |
| EOY | $81,021,156 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,345 | BOYAmt |
| EOY | $113,560 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,916,354 | BOYAmt |
| EOY | $15,699,801 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,463,387 | BOYAmt |
| EOY | $85,226,694 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,493,086 | BOYAmt |
| EOY | $101,040,055 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $181,150,607 | BOYAmt |
| EOY | $182,061,211 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$83,557 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $7,630,526 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $468,381 | OtherCostOrOtherBasisAmt |
| Book Value | $468,381 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,106,808 | OtherCostOrOtherBasisAmt |
| Depreciation | $868,093 | DepreciationAmt |
| Book Value | $4,238,715 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $162,932,068 | OtherCostOrOtherBasisAmt |
| Depreciation | $44,378,761 | DepreciationAmt |
| Book Value | $118,553,307 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $123,260,403 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENTS IN ASSOCIATED | Desc |
| Book Value | $40,826,881 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $40,826,881 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| POST-RETIREMENT BENEFIT OBLIGATION | $6,518,982 |
| CONSUMER DEPOSITS | $2,818,722 |
| DEFERRED CREDIT - CREDIT BAL A/R | $689,617 |
| EST. MEDICAL CLAIMS | $348,970 |
| RENEWABLE ENERGY | $200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $10,376,491 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $83,727,067 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $83,727,067 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $83,727,067 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $76,136,784 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $76,136,784 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $7,673,840 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $7,673,840 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $83,810,624 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 3, PART X | THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501C12 OF THE IRC AND, ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. SIGNIFICANT REQUIREMENTS OF THESE STATUTES PROVIDE THAT AT LEAST 85 PERCENT OF INCOME CONSISTS OF AMOUNTS COLLECTED FROM MEMBERS FOR THE SOLE PURPOSE OF MEETING LOSSES AND EXPENSES. MANAGEMENT HAS CONSIDERED WHETHER THE COOPERATIVE HAS ANY UNCERTAIN TAX POSITIONS, EMBEDDED OR OTHERWISE, THAT WOULD MATERIALLY IMPACT THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES NO SUCH MATERIAL UNCERTAINTIES EXIST, THEREFORE, NO PROVISION IS PROVIDED. |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | PATRONAGE DIVIDENDS - ALLOCATED 7,673,840 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount |
|---|---|---|---|---|---|---|
| JENNIFER M MEASON | ||||||
| CEO | $253,351 | $11,105 | $120,274 | $21,332 | $406,062 | |
| BRYCE HOOPER | ||||||
| COO | $153,475 | $9,807 | $59,671 | $20,808 | $244,261 | $500 |
| MICHAEL W OTTINGER | ||||||
| VP OPERATIONS | $149,100 | $4,218 | $48,003 | $20,808 | $222,629 | $500 |
| CLINT INGRAM | ||||||
| LINE OP SUPERINTENDE | $119,014 | $1,484 | $55,204 | $20,808 | $197,010 | $500 |
| ZACHARY SMITH | ||||||
| CREW CHIEF | $130,922 | $136 | $16,707 | $20,808 | $169,073 | $500 |
| JEROMY BOWERS | ||||||
| VP ADMIN & IT | $121,450 | $1,237 | $17,638 | $20,808 | $161,633 | $500 |
| JOHN WIYGUL | ||||||
| JOURNEYMAN LINEMAN | $118,423 | $191 | $14,344 | $21,685 | $155,143 | $500 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART III | FormAndLineReferenceDesc |
| Explanation | JENNIFER MEASON ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 112,321 EMPLOYER CONTRIBUTION TO 401(K) PLAN 7,954 TOTAL REPORTED IN COLUMN C 120,274 LESS: ACTUARIAL INCREASE (112,321) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 67,158 EXPENSE TO THE COOPERATIVE 75,112 MICHAEL OTTINGER ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 43,269 EMPLOYER CONTRIBUTION TO 401(K) PLAN 4,733 TOTAL REPORTED IN COLUMN C 48,003 LESS: ACTUARIAL INCREASE ( 43,269) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 40,553 EXPENSE TO THE COOPERATIVE 45,286 BRYCE HOOPER ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 54,624 EMPLOYER CONTRIBUTION TO 401(K) PLAN 5,048 TOTAL REPORTED IN COLUMN C 59,671 LESS: ACTUARIAL INCREASE ( 54,624) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 42,701 EXPENSE TO THE COOPERATIVE 47,749 CLINT INGRAM ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 51,705 EMPLOYER CONTRIBUTION TO 401(K) PLAN 3,499 TOTAL REPORTED IN COLUMN C 55,204 LESS: ACTUARIAL INCREASE ( 51,705) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 29,739 EXPENSE TO THE COOPERATIVE 33,238 ZACHARY SMITH ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 13,711 EMPLOYER CONTRIBUTION TO 401(K) PLAN 2,996 TOTAL REPORTED IN COLUMN C 16,707 LESS: ACTUARIAL INCREASE ( 13,711) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 24,635 EXPENSE TO THE COOPERATIVE 27,631 JEROMY BOWERS ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 13,862 EMPLOYER CONTRIBUTION TO 401(K) PLAN 3,776 TOTAL REPORTED IN COLUMN C 17,638 LESS: ACTUARIAL INCREASE ( 13,862) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 31,743 EXPENSE TO THE COOPERATIVE 35,519 JOHN WIYGUL ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 11,562 EMPLOYER CONTRIBUTION TO 401(K) PLAN 2,782 TOTAL REPORTED IN COLUMN C 14,344 LESS: ACTUARIAL INCREASE ( 11,562) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 23,129 EXPENSE TO THE COOPERATIVE 25,911 | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRIAN DEMARCUS | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | DIRECTOR | RelationshipDescriptionTxt |
| Transaction | DIRECTOR OF WFEC G&T | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | MEMBERS |
| FORM 990, PAGE 6, PART VI, LINE 7A | YES |
| FORM 990, PAGE 6, PART VI, LINE 11B | REVIEW AND/OR APPROVAL BY BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE BOARD MEETS REGARDING THE POSSIBLE CONFLICT OF INTEREST AND IF IT IS DERTERMINED THAT A CONFLICT EXISTS, THE BOARD MEMBER IS ASKED TO RESIGN. |
| FORM 990, PAGE 6, PART VI, LINE 15A | COMPENSATION PROCESS FOR TOP OFFICIAL WAGE RANGE STUDIES INCLUDE A COMPARISION OF WAGES AND SALARIES OF COMPARABLE POSITIONS IN THE LOCAL MARKET, COMPETITORS IN THE SAME INDUSTRY, NRECA COMPENSATION STUDIES, INDEPENDENT COMPENSATION STUDIES FROM COMPARABLE-SIZED COOPERATIVES, ETC. THESE COMPARISIONS ARE REVIEWED BY THE BUDGET COMMITTEE AND PRESENTED AND APPROVED BY THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 19 | UPON REQUEST |
| FORM 990, PART VII | THE AMOUNT REPORTED ON PART VII, COLUMN (F) FOR OFFICERS IS COMPRISED OF THE ACTUARIAL INCREASE IN THE DEFINED BENEFIT PLAN FOR THE OFFICER, THE TOTAL AMOUNT CONTRIBUTED TO THE 401(K) PENSION PLAN, AND THE INSURANCE PREMIUMS PAID FOR THE BENEFIT OF THE OFFICER. |
| FORM 990, PART VIII | FORM 990, PART IX THE COOPERATIVE'S ACCOUNTING RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS REQUIRED BY ITS REGULATORY AGENCY. THE UNIFORM SYSTEM OF ACCOUNTS DOES NOT RECORD EXPENSES IN THE EXPENSE CATEGORIES PROVIDED ON PART IX LINES 1-23. THEREFORE, OTHER EXPENSES LINE 24 INCLUDES EXPENSES THAT ARE DESCRIBED IN LINES 1-23, BUT REPORTED USING THE UNIFORM SYSTEM OF ACCOUNTS. |
| FORM 990, PART XI, LINE 9 | INCREASE IN ACCUMULATED OCI 245,144 INCREASE IN OTHER EQUITIES 538,303 PATRONAGE DIVIDEND ALLOCATED 7,673,840 EQUITY IN EARNINGS 83,557 INCREASE IN MEMBERSHIPS 215 TRANSFER TO OTHER EQUITIES -365,744 RETIREMENT OF CAPITAL CREDITS -544,789 TOTAL 7,630,526 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COTTON ELECTRIC CHARITABLE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 226 N BROADWAY | AddressLine1Txt |
| City | WALTERS | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 73572 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 700746327 | EIN |
| Primary Activities | DONATIONS | PrimaryActivitiesTxt |
| Legal Domicile State | OK | LegalDomicileStateCd |
| Exempt Code Section | 501C3 | ExemptCodeSectionTxt |
| Public Charity Status | 10 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CEC | BusinessNameLine1Txt |
| Business Name Line2 | COTTON ELECTRIC COOPERATIVE | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COTTON ELECTRIC SERVICES INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 226 N BROADWAY | AddressLine1Txt |
| City | WALTERS | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 73572 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 731250176 | EIN |
| Primary Activities | TESTING | PrimaryActivitiesTxt |
| Legal Domicile State | OK | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CEC | BusinessNameLine1Txt |
| Business Name Line2 | COTTON ELECTRIC COOPERATIVE | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C CORP | EntityTypeTxt |
| Share Of Total Income | $1,150,568 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $2,839,303 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| COTTON ELECTRIC SERVICES INC | ||
| A | $12,000 | ACCRUAL |
| COTTON ELECTRIC SERVICES INC | ||
| O | $572,243 | ACCRUAL |
| COTTON ELECTRIC SERVICES INC | ||
| R | $51,320 | ACCRUAL |