MONROE COUNTY ELECTRIC POWER ASSN: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- MONROE COUNTY ELECTRIC POWER ASSN (EIN 64-0208370)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-16
- IRS object ID
- 202311369349302236
- Schema version
- 2021v4.0
- 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 | 2023-05-16T16:59:06-04:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 640736635 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRANKS FRANKS WILEMON & HAGOOD PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 731 | AddressLine1Txt |
| City | TUPELO | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 388020731 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640208370 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MONROE COUNTY ELECTRIC POWER ASSOCI | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MONR | BusinessNameControlTxt |
| Phone | 6622562962 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 300 | AddressLine1Txt |
| City | AMORY | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38821 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BARRY ROWLAND | PersonNm |
| Person Title | GENERAL MANAGER | PersonTitleTxt |
| Phone | 6622562962 | PhoneNum |
| Signature | 2023-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BARRY | PersonFirstNm |
| Person Last | ROWLAND | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRYON WILEMON | PreparerPersonNm |
| PTIN | P00736948 | PTIN |
| Phone | 6628445226 | PhoneNum |
| Preparation | 2023-05-16 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BARRY ROWLAND | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60021 BRIARWOOD COVE | AddressLine1Txt |
| City | AMORY | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38821 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $29,042,620 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | MONROECOUNTYELECTRIC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1936 | FormationYr |
| Legal Domicile State | MS | LegalDomicileStateCd |
| Activity Or Mission | PROVIDING ELECTRICAL POWER SERVICE TO RURAL AREAS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 43 | TotalEmployeeCnt |
| Total Gross UBI | $964,164 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $24,406,891 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $26,575,849 | CYProgramServiceRevenueAmt |
| PY Investment Income | $96,837 | PYInvestmentIncomeAmt |
| CY Investment Income | $269,814 | CYInvestmentIncomeAmt |
| PY Other Revenue | $198,564 | PYOtherRevenueAmt |
| CY Other Revenue | $2,196,957 | CYOtherRevenueAmt |
| PY Total Revenue | $24,702,292 | PYTotalRevenueAmt |
| CY Total Revenue | $29,042,620 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,563,951 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,691,395 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $21,136,729 | PYOtherExpensesAmt |
| CY Other Expenses | $23,041,615 | CYOtherExpensesAmt |
| PY Total Expenses | $22,700,680 | PYTotalExpensesAmt |
| CY Total Expenses | $25,733,010 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,001,612 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,309,610 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $73,313,372 | TotalAssetsBOYAmt |
| Total Assets EOY | $77,077,439 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $34,194,932 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $35,497,869 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $39,118,440 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $41,579,570 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE AFFORDABLE ELECTRIC SERVICE TO THE ASSOCIATION WITH MORE THAN 12,000 MEMBERS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $25,733,010 | ExpenseAmt |
| Revenue | $26,575,849 | RevenueAmt |
| Desc | PROVIDING ELECTRICAL POWER SERVICE TO RURAL AREAS. | Desc |
| Total Program Service Expenses | $25,733,010 | 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 | Yes (true) | 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 | 10 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | false | BackupWthldComplianceInd |
| Employee | 43 | 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 | $25,483,243 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $3,559,377 | 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 | false | CompensationProcessCEOInd |
| Compensation Process Other | false | 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 | RYAN PAYNE | PersonNm |
| Phone | 6622562962 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 300 | AddressLine1Txt |
| City | AMORY | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 38821 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| BARRY ROWLAND | ||||||
| GENERAL MANA | 40.00 | Yes (X) | $165,956 | $0 | $38,898 | |
| RYAN PAYNE | ||||||
| SECRETARY/TR | 40.00 | Yes (X) | $99,030 | $0 | $31,149 | |
| MARTHA ELAINE DOBBS | ||||||
| DIRECTOR | 1.00 | $150 | $0 | $2,704 | Yes (X) | |
| AVERY DUNCAN | ||||||
| DIRECTOR | 1.00 | $1,800 | $0 | $202 | Yes (X) | |
| PHIL PREWITT | ||||||
| DIRECTOR | 1.00 | $1,800 | $0 | $202 | Yes (X) | |
| IRA THOMAS CROOK III | ||||||
| DIRECTOR | 1.00 | $1,800 | $0 | $158 | Yes (X) | |
| WALTON WILLIS | ||||||
| DIRECTOR | 1.00 | $1,800 | $0 | $158 | Yes (X) | |
| FRANK OWEN | ||||||
| DIRECTOR | 1.00 | $1,800 | $0 | $125 | Yes (X) | |
| ROY LEE LINDSEY | ||||||
| DIRECTOR | 1.00 | $1,800 | $0 | $0 | Yes (X) | |
| BRAD LEACH | ||||||
| DIRECTOR | 1.00 | $1,500 | $0 | $202 | Yes (X) | |
| MECHELLE WELCH | ||||||
| DIRECTOR | 1.00 | $1,500 | $0 | $202 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $278,936 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $74,000 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ERVIN CABLE CONSTRUCTION LLC | |||||
| 136 GRADY ST | WOODLAND | MS | 39776 | FIBER CONTRACTO | $6,443,280 |
| WA KENDALL AND COMPANY INC | |||||
| 400 FARMER CT | LAWRENCEVILLE | GA | 30046 | ROW CONTRACTOR | $276,974 |
| LEWIS TREE SERVICE | |||||
| 300 LUCIUS GORDON DR | WEST HENRIETTA | NY | 14586 | ROW CONTRACT | $215,555 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| ELECTRIC REVENUE SALES | $25,483,243 | $25,483,243 |
| POLE RENTAL | $1,092,606 | $1,092,606 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $26,575,849 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $269,814 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $269,814 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | BusinessBusinessCd | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| OTHER COMPREHENSIVE INCOME | $1,202,545 | $1,202,545 | ||
| FIBER LEASE | $964,164 | 900002 | $964,164 | |
| NON-OPERATING RENTAL INCOME | $24,000 | $24,000 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,248 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,248 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,196,957 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $29,042,620 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $28,078,456 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $964,164 | UnrelatedBusinessRevenueAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,155,699 | TotalAmt |
| Program Services | $2,155,699 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,018 | TotalAmt |
| Program Services | $152,018 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $283,473 | TotalAmt |
| Program Services | $283,473 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,205 | TotalAmt |
| Program Services | $100,205 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,289 | TotalAmt |
| Program Services | $70,289 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $690,117 | TotalAmt |
| Program Services | $690,117 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,181,585 | TotalAmt |
| Program Services | $2,181,585 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,183 | TotalAmt |
| Program Services | $5,183 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| ELECTRIC POWER COSTS | $17,937,710 | $17,937,710 |
| DISTRIBUTION & MAINTENANC | $1,593,028 | $1,593,028 |
| CUSTOMER ACCOUNTS | $211,926 | $211,926 |
| OTHER NONOPERATING EXPENS | $209,930 | $209,930 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $141,847 | TotalAmt |
| Program Services | $141,847 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,733,010 | TotalAmt |
| Program Services | $25,733,010 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,468,426 | BOYAmt |
| EOY | $2,593,490 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,895,045 | BOYAmt |
| EOY | $5,002,310 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,439,053 | BOYAmt |
| EOY | $1,913,383 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,895,390 | BOYAmt |
| EOY | $2,070,168 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $92,676,756 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $31,506,362 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,703,106 | BOYAmt |
| EOY | $61,170,394 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,514,184 | BOYAmt |
| EOY | $4,317,699 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,398,168 | BOYAmt |
| EOY | $9,995 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,313,372 | BOYAmt |
| EOY | $77,077,439 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,847,224 | BOYAmt |
| EOY | $4,107,091 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,246,340 | BOYAmt |
| EOY | $25,081,394 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $469,000 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,632,368 | BOYAmt |
| EOY | $6,309,384 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,194,932 | BOYAmt |
| EOY | $35,497,869 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,118,440 | BOYAmt |
| EOY | $41,579,570 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,118,440 | BOYAmt |
| EOY | $41,579,570 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,313,372 | BOYAmt |
| EOY | $77,077,439 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,309,610 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$848,480 | 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) |
|---|---|---|
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $321,920 | OtherCostOrOtherBasisAmt |
| Book Value | $321,920 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,397,200 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,132,182 | DepreciationAmt |
| Book Value | $11,265,018 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $79,957,636 | OtherCostOrOtherBasisAmt |
| Depreciation | $30,374,180 | DepreciationAmt |
| Book Value | $49,583,456 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $61,170,394 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENT IN SUBSIDIARY | $3,735,103 | C |
| INVESTMENTS IN ASSOCIATED ORGANIZATI | $582,596 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $4,317,699 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| POSTRETIREMENT BENEFITS | $4,503,238 |
| DEPOSITS | $1,663,303 |
| CUSTOMER ADVANCES FOR CONSTRUCTION | $73,494 |
| HOME INSULATION-TVA | $68,477 |
| OTHER LIABILITIES | $872 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $6,309,384 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $29,042,620 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $29,042,620 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $29,042,620 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $25,733,010 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $25,733,010 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $25,733,010 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BARRY ROWLAND | PersonNm |
| Title | GENERAL MANAGER | TitleTxt |
| Base Compensation Filing Org | $165,956 | BaseCompensationFilingOrgAmt |
| Deferred Compensation Flng Org | $36,034 | DeferredCompensationFlngOrgAmt |
| Nontaxable Benefits Filing Org | $2,864 | NontaxableBenefitsFilingOrgAmt |
| Total Compensation Filing Org | $204,854 | TotalCompensationFilingOrgAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 | PRIOR YEAR REVENUES AND EXPENSES ARE REPORTED AS FILED ON THE PRIOR YEAR 990. CURRENT YEAR PROGRAM SERVICE REVENUE IS REPORTED GROSS , LAST YEAR WAS REPORTED NET OF POWER COST. CURRENT YEAR POWER COST IS INCLUDED IN EXPENSES. |
| FORM 990, PAGE 6, PART VI, LINE 6 | EACH CUSTOMER OF THE ASSOCIATION IS ALSO A MEMBER OF THE ASSOCIATION. |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE MEMBERS OF THE ASSOCIATION ELECT THE BOARD EACH YEAR. |
| FORM 990, PAGE 6, PART VI, LINE 11B | ORGANIZATION'S PROCESS TO REVIEW FORM 990 PRIOR TO FILING, THE 990 WAS GIVEN TO THE BOARD FOR REVIEW AND DISCUSSION. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE ORGANIZATION MONITORS ALL BUSINESS TRANSACTIONS FOR POSSIBLE CONFLICTS OF INTEREST. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE PERTINENT PUBLIC INFORMATION IS MADE AVAILABLE UPON REQUEST AT THE FACILITIES OF OPERATION. |
| FORM 990, PART XI, LINE 9 | INCREASE IN MEMBERSHIPS 11,900 UNRELATED BUSINESS BOOK DEPRECIATION -860,380 TOTAL -848,480 |