CANEY FORK ELECTRIC COOPERATIVE INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CANEY FORK ELECTRIC COOPERATIVE INC (EIN 62-0148804)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2024-11-14
- IRS object ID
- 202443199349306419
- Schema version
- 2023v5.1
- 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 | 2024-11-14T09:12:08-08:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 620693408 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Totherow Haile & Welch CPAs PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2355 South Chancery St | AddressLine1Txt |
| City | McMinnville | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620148804 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CANEY FORK ELECTRIC COOPERATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CANE | BusinessNameControlTxt |
| Phone | 9314733116 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 272 | AddressLine1Txt |
| City | MCMINNVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37111 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mack Harney | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2024-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kellie M Rowland CPA | PreparerPersonNm |
| PTIN | P00958136 | PTIN |
| Phone | 9316681272 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 272 | AddressLine1Txt |
| City | MCMINNVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 371110272 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $77,375,635 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1940 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | To provide electric service in rural areas to the members of the Cooperative. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 86 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $11,883 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $77,206,056 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $76,872,730 | CYProgramServiceRevenueAmt |
| PY Investment Income | $387,845 | PYInvestmentIncomeAmt |
| CY Investment Income | $490,022 | CYInvestmentIncomeAmt |
| PY Other Revenue | $12,678 | PYOtherRevenueAmt |
| CY Other Revenue | $12,883 | CYOtherRevenueAmt |
| PY Total Revenue | $77,606,579 | PYTotalRevenueAmt |
| CY Total Revenue | $77,375,635 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $766,033 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $689,880 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $72,255,389 | PYOtherExpensesAmt |
| CY Other Expenses | $71,904,900 | CYOtherExpensesAmt |
| PY Total Expenses | $73,021,422 | PYTotalExpensesAmt |
| CY Total Expenses | $72,594,780 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,585,157 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,780,855 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $146,308,723 | TotalAssetsBOYAmt |
| Total Assets EOY | $157,172,585 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $67,389,734 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $64,314,430 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $78,918,989 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $92,858,155 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To provide electric service in rural areas to the members of the Cooperative. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $72,594,780 | ExpenseAmt |
| Revenue | $76,872,730 | RevenueAmt |
| Desc | To provide electric service in rural areas to the members of the Cooperative. | Desc |
| Total Program Service Expenses | $72,594,780 | TotalProgramServiceExpensesAmt |
| 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 | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | 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 | false | 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 | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 34 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 86 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 | $76,150,188 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $683,269 | 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 | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | 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 | Yes (true) | 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 | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Kim Henry | PersonNm |
| Phone | 9314733116 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 920 SMITHVILLE HIGHWAY | AddressLine1Txt |
| City | MCMINNVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37110 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| BEN NEWMAN | |||||||
| PRIOR GENERAL MGR | 45.00 | 0.00 | $174,768 | $0 | $36,835 | ||
| JAMES MILRANEY | |||||||
| DIR. ENGINEERING | 46.57 | 0.00 | $150,158 | $0 | $36,869 | ||
| KIM HENRY | |||||||
| CONTROLLER | 45.00 | 0.00 | $132,051 | $0 | $40,597 | ||
| DANNY SUTTON | |||||||
| OPERATIONS DIRECTOR | 50.00 | 0.00 | $126,870 | $0 | $39,359 | ||
| JAMES WATSON | |||||||
| LINEMAN | 45.00 | 0.00 | $119,728 | $0 | $41,649 | ||
| JASON CLOYD | |||||||
| GENERAL MANAGER | 45.00 | 0.00 | $113,446 | $0 | $44,564 | ||
| JEFERRY MOFFITT | |||||||
| LINEMAN | 45.00 | 0.00 | $114,983 | $0 | $41,430 | ||
| BRANDON JOHNSON | |||||||
| WORKING FOREMAN | 47.85 | 0.00 | $114,669 | $0 | $41,649 | ||
| HAROLD MEASLES | |||||||
| LINEMAN | 45.00 | 0.00 | $113,542 | $0 | $41,480 | ||
| Mack Harney | |||||||
| President | 3.65 | 0.00 | $6,675 | $0 | $13,486 | Yes (X) | Yes (X) |
| Michael Bouldin | |||||||
| Director | 2.02 | 0.00 | $5,100 | $0 | $8,743 | Yes (X) | |
| William R Floyd | |||||||
| Vice President | 3.82 | 0.00 | $5,700 | $0 | $6,263 | Yes (X) | |
| Glen H Page | |||||||
| Secretary/Treas | 2.61 | 0.00 | $5,550 | $0 | $6,263 | Yes (X) | Yes (X) |
| Albert R Dicus | |||||||
| Director | 2.76 | 0.00 | $5,250 | $0 | $3,684 | Yes (X) | Yes (X) |
| J Steve Roller | |||||||
| Director | 2.13 | 0.00 | $4,950 | $0 | $3,684 | Yes (X) | |
| James H Hillis | |||||||
| Director | 1.72 | 0.00 | $4,350 | $0 | $0 | Yes (X) | |
| Donna Fare | |||||||
| Director | 0.96 | 0.00 | $4,050 | $0 | $0 | Yes (X) | |
| JOHNNY R CRAIN | |||||||
| Director | 0.73 | 0.00 | $3,400 | $0 | $0 | Yes (X) | |
| Glenn Mitchell | |||||||
| Director | 3.18 | 0.00 | $3,200 | $0 | $0 | Yes (X) | |
| Jeremy Johnson | |||||||
| Director | 3.55 | 0.00 | $1,800 | $0 | $1,287 | Yes (X) | |
| Robert Robinson | |||||||
| Director | 4.25 | 0.00 | $1,500 | $0 | $644 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,211,740 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $408,486 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | 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 |
|---|---|---|---|---|---|
| J&L TREE SERVICES LLC | |||||
| 35 CHERRY CIRCLE | BRUSH CREEK | TN | 38547 | TREE SERVICE | $1,629,423 |
| T & M DISTRIBUTION POWER LLC | |||||
| 247 MASON LANE | WOODBURY | TN | 37190 | CONSTRUCTION | $866,779 |
| CT CONSULTANTS | |||||
| 8150 STERLING COURT | MENTOR | OH | 44060 | BUILDING DESIGN | $759,540 |
| COOPERATIVE BUILDING SOLUTIONs | |||||
| PO BOX 790379 | ST LOUIS | MO | 63179 | BUILDING CONSTRUCTION | $637,797 |
| JKG UTILITY | |||||
| 188 CHARLESTON RD | COOKEVILLE | TN | 38506 | CONTRACTOR | $500,035 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Electric service | Desc |
| Total Revenue Column | $76,872,730 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $76,872,730 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $76,872,730 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $490,022 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $490,022 | RelatedOrExemptFuncIncomeAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Billing/Coll Fees | Desc |
| Business | 518210 | BusinessCd |
| Total Revenue Column | $12,883 | TotalRevenueColumnAmt |
| Exclusion | $12,883 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $12,883 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $77,375,635 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $77,362,752 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $12,883 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $689,880 | TotalAmt |
| Program Services | $689,880 | ProgramServicesAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,147,291 | TotalAmt |
| Program Services | $1,147,291 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,283,198 | TotalAmt |
| Program Services | $5,283,198 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| Purchased power | $52,243,961 | $52,243,961 |
| Operating expenses | $7,651,822 | $7,651,822 |
| Maintenance expense | $5,568,656 | $5,568,656 |
| Miscellaneous | $9,972 | $9,972 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,594,780 | TotalAmt |
| Program Services | $72,594,780 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,953,797 | BOYAmt |
| EOY | $4,896,345 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,843,876 | BOYAmt |
| EOY | $1,984,586 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,806,783 | BOYAmt |
| EOY | $7,426,696 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,687,100 | BOYAmt |
| EOY | $5,052,691 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,164,335 | BOYAmt |
| EOY | $1,327,632 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $816,617 | BOYAmt |
| EOY | $766,316 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $184,976,933 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $49,359,264 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,740,582 | BOYAmt |
| EOY | $135,617,669 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $295,633 | BOYAmt |
| EOY | $100,650 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $146,308,723 | BOYAmt |
| EOY | $157,172,585 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,036,981 | BOYAmt |
| EOY | $18,364,467 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,511,587 | BOYAmt |
| EOY | $37,085,261 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,841,166 | BOYAmt |
| EOY | $8,864,702 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,389,734 | BOYAmt |
| EOY | $64,314,430 | 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 | $177,385 | BOYAmt |
| EOY | $181,370 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,741,604 | BOYAmt |
| EOY | $92,676,785 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,918,989 | BOYAmt |
| EOY | $92,858,155 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $146,308,723 | BOYAmt |
| EOY | $157,172,585 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $4,780,855 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $9,158,311 | 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| 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) |
|---|---|---|
| Investment Cost Or Other Basis | $214,609 | InvestmentCostOrOtherBasisAmt |
| Book Value | $214,609 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $3,504,673 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $1,801,517 | DepreciationAmt |
| Book Value | $1,703,156 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $177,877,360 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $46,420,708 | DepreciationAmt |
| Book Value | $131,456,652 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $3,380,291 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $1,137,039 | DepreciationAmt |
| Book Value | $2,243,252 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $135,617,669 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Customer deposits | $2,642,081 |
| LEASE LIABILITY | $100,650 |
| Other current liabilities | $352,783 |
| Postretirement benefits | $5,769,188 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $8,864,702 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $77,375,635 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $77,375,635 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $77,375,635 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $72,594,780 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $72,594,780 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $72,594,780 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| 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 (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| BEN NEWMAN | ||||
| PRIOR GENERAL MGR | $174,768 | $22,305 | $14,530 | $211,603 |
| BRANDON JOHNSON | ||||
| WORKING FOREMAN | $114,669 | $25,761 | $15,888 | $156,318 |
| DANNY SUTTON | ||||
| OPERATIONS DIRECTOR | $126,870 | $31,907 | $7,452 | $166,229 |
| HAROLD MEASLES | ||||
| LINEMAN | $113,542 | $25,761 | $15,719 | $155,022 |
| JAMES MILRANEY | ||||
| DIR. ENGINEERING | $150,158 | $20,981 | $15,888 | $187,027 |
| JAMES WATSON | ||||
| LINEMAN | $119,728 | $25,761 | $15,888 | $161,377 |
| JASON CLOYD | ||||
| GENERAL MANAGER | $113,446 | $29,291 | $15,273 | $158,010 |
| JEFERRY MOFFITT | ||||
| LINEMAN | $114,983 | $25,711 | $15,719 | $156,413 |
| KIM HENRY | ||||
| CONTROLLER | $132,051 | $33,145 | $7,452 | $172,648 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, Line 6 | MEMBERS OF THE COOPERATIVE ARE INDIVIDUALS AND BUSINESSES THAT ARE LOCATED WITHIN ITS SERVICE AREA AND HAVE ELECTRIC SERVICE WITH THE COOPERATIVE. |
| Form 990, Part VI, Section A, Line 7a | DIRECTORS SERVE THREE YEAR TERMS. MEMBERS ELECT DIRECTORS WITH EXPIRING TERMS ON AN ANNUAL BASIS AT AN ANNUAL MEETING. |
| Form 990, Part VI, Section B, Line 11b | THE GOVERNING BODY REVIEWS AND APPROVES THE FORM 990 BEFORE FILING. |
| Form 990, Part VI, Section B, Line 12c | THE BOARD MEMBERS ARE REQUESTED YEARLY TO COMPLETE A CONFLICT OF INTEREST AND DISCLOSURE FORM. |
| Form 990, Part VI, Section B, Line 15b | THE PERFORMANCE OF MANAGEMENT EMPLOYEES IS REVIEWED BY THE GENERAL MANAGER OF THE COOPERATIVE. ANY COST OF LIVING ADJUSTMENTS ARE APPROVED BY THE BOARD OF DIRECTORS. EACH YEAR, THE BOARD OF DIRECTORS REVIEW THE PERFORMANCE OF THE GENERAL MANAGER AND DETERMINE ANY ADJUSTMENTS TO THE MANAGER'S SALARY AT THIS TIME. |
| Form 990, Part VI, Section C, Line 19 | FINANCIAL INFORMATION IS DISTRIBUTED ANNUALLY TO MEMBERS THROUGH AN INDUSTRY PUBLICATION. ALL DOCUMENTS, POLICIES, AND FINANCIAL INFORMATION REQUIRED TO BE MADE PUBLIC BY I.R.C. 6104 ARE AVAILABLE UPON REQUEST. |
| Form 990, Part XI, Line 9 | memberships received = $18330 |
| Form 990, Part XI, Line 9 | MEMBERSHIPS REFUNDED = -$14345 |
| Form 990, Part XI, Line 9 | OTHER COMPREHENSIVE LOSS = -$0 |
| Form 990, Part XI, Line 9 | Other comprehensive income = $9154326 |