2024-09-10T10:20:11-04:00 2023-12-31 731293012 BRISCOE BURKE & GRIGSBY LLP 4120 E 51ST STREET TULSA OK 741353639 990 2023-01-01 730199463 COTTON ELECTRIC COOPERATIVE INC COTT 5808753351 226 NORTH BROADWAY ST WALTERS OK 735721226 JENNIFER M MEASON CEO 5808754241 2024-08-27 true false MICHAEL K BURKE CPA P00054433 9187498337 2024-08-27 2023 2024-08-08 14:25:15Z JENNIFER M MEASON 226 NORTH BROADWAY WALTERS OK 735721299 84194669 false X WWW.COTTONELECTRIC.COM X 1938 OK TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. 9 9 94 0 0 91883319 83314905 123213 248612 164607 163550 92171139 83727067 0 6267169 7673840 2044355 2037330 0 0 84171247 74099454 92482771 83810624 -311632 -83557 181150607 182061211 87657521 81021156 93493086 101040055 TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. false false 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. false false false false false false false false false true true false false true true true true false false false false false false false false false false false true false false false false false true false false false false false true false false true 61 0 94 true false false false false false 79970059 975081 false false false X 9 9 false false false false true true false true true false false true true true true true true true false false OK X THE COOPERATIVE 5808753351 226 NORTH BROADWAY WALTERS OK 73572 X JENNIFER M MEASON CEO 40.00 X 264456 0 141606 BRYCE HOOPER COO 40.00 X 163782 0 80479 MICHAEL W OTTINGER VP OPERATION 40.00 X 153818 0 68811 CLINT INGRAM LINE OP SUPE 40.00 X 120998 0 76012 ZACHARY SMITH CREW CHIEF 40.00 X 131558 0 37515 JEROMY BOWERS VP ADMIN & I 40.00 X 123187 0 38446 JOHN WIYGUL JOURNEYMAN L 40.00 X 119114 0 36029 KEETON SALLEE JOURNEYMAN L 40.00 X 115590 0 27100 KYLE LINTHICUM JOURNEYMAN L 40.00 X 116957 0 22533 STEVEN ROBINSON DIRECTOR 5.00 X 29176 0 0 NICHOLE SCOTT DIRECTOR 5.00 X 28176 0 0 BRIAN DEMARCUS DIRECTOR 5.00 X 26426 0 0 TONY HIGH DIRECTOR 5.00 X 26120 0 0 CLIFFORD DUNHAM DIRECTOR 5.00 X 25426 0 0 MARTIN CLARK DIRECTOR 5.00 X 25120 0 0 DELL FARRIS DIRECTOR 5.00 X 18529 0 0 KEN LAYN DIRECTOR 5.00 X 12486 0 0 SHANNON FILES DIRECTOR 5.00 X 6016 0 0 RONNIE BOHOT DIRECTOR 5.00 X 1864 0 0 1508799 528531 25 false true false TITAN POWERLINE LLC 4320 COOPERWOOD ST DUNCAN OK 73533 CONSTRUCTION 2604319 MCCOY TREE SURGERY CO PO BOX 649319 DALLAS TX 75264 RIGHT OF WAY 715703 TECHSERV CONSULTING & TRAINING 12078 HWY 64 WEST TYLER TX 75704 POLE LICENSE 506244 ALL AMERICAN CONSTRUCTION 164343 6 MILES ROAD MARLOW OK 73055 CONSTRUCTION 278642 PROGRESSIVE SOLUTIONS PO BOX 825124 PHILADELPHIA PA 19182 212715 8 SALES OF ELECTRICITY 221000 79889099 79889099 PATRONAGE DIVIDENDS 221000 3344846 3344846 SERVICE FEES 221000 80960 80960 83314905 208055 208055 126094 126094 126094 126094 54560 14003 40557 40557 40557 478247 453599 24648 24648 OTHER 9308 9308 INTERCONNECTION FEE 3500 3500 12808 83727067 83314905 412162 X 7673840 1233925 803405 2244157 5029165 PURCHASED POWER 54252215 DISTRIBUTION 8515922 CONSUMER EXPENSE 1734269 TAXES 1583454 740272 83810624 0 0 0 1772892 1414690 4179317 1096955 16185539 13026189 2193609 2351008 99379 85085 168507257 45246854 118380188 123260403 38339683 40826881 181150607 182061211 9644430 7634988 67444338 63009677 10568753 10376491 87657521 81021156 X 113345 113560 14916354 15699801 78463387 85226694 93493086 101040055 181150607 182061211 X -83557 7630526 X false true X true false 468381 468381 5106808 868093 4238715 162932068 44378761 118553307 123260403 INVESTMENTS IN ASSOCIATED 40826881 40826881 POST-RETIREMENT BENEFIT OBLIGATION 6518982 CONSUMER DEPOSITS 2818722 DEFERRED CREDIT - CREDIT BAL A/R 689617 EST. MEDICAL CLAIMS 348970 RENEWABLE ENERGY 200 10376491 X 83727067 83727067 83727067 76136784 76136784 7673840 7673840 83810624 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 X X false false false JENNIFER M MEASON CEO 253351 11105 120274 21332 406062 BRYCE HOOPER COO 153475 500 9807 59671 20808 244261 MICHAEL W OTTINGER VP OPERATIONS 149100 500 4218 48003 20808 222629 CLINT INGRAM LINE OP SUPERINTENDE 119014 500 1484 55204 20808 197010 ZACHARY SMITH CREW CHIEF 130922 500 136 16707 20808 169073 JEROMY BOWERS VP ADMIN & IT 121450 500 1237 17638 20808 161633 JOHN WIYGUL JOURNEYMAN LINEMAN 118423 500 191 14344 21685 155143 SCHEDULE J, PART III 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 BRIAN DEMARCUS DIRECTOR DIRECTOR OF WFEC G&T false 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 COTTON ELECTRIC CHARITABLE 226 N BROADWAY WALTERS OK 73572 700746327 DONATIONS OK 501C3 10 CEC COTTON ELECTRIC COOPERATIVE false COTTON ELECTRIC SERVICES INC 226 N BROADWAY WALTERS OK 73572 731250176 TESTING OK CEC COTTON ELECTRIC COOPERATIVE C CORP 1150568 2839303 1.00000 false true false false false false false false false false false false false false false true false false true false COTTON ELECTRIC SERVICES INC A 12000 ACCRUAL COTTON ELECTRIC SERVICES INC O 572243 ACCRUAL COTTON ELECTRIC SERVICES INC R 51320 ACCRUAL