2023-08-08T10:04:24-05:00 2022-12-31 720636725 HANNIS T BOURGEOIS LLP 2322 TREMONT DR BATON ROUGE LA 70809 990 2022-01-01 720400467 ASSOCIATION OF LOUISIANA ELECTRIC COOPERATIVES INC ASSO 2252933450 10725 AIRLINE HWY BATON ROUGE LA 70816 BEAMA PIERCE CHIEF OPERATING OFFICER 2252933450 2023-08-08 1 BEAMA PIERCE 999009999 1 CELESTE D VIATOR CPA P00747065 2259284770 2023-08-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BEAMA PIERCE 10725 AIRLINE HWY BATON ROUGE LA 70816 1758529 0 X WWW.ALEC.COOP/ X 1942 LA TO FOSTER, DEVELOP AND ENCOURAGE THE PROGRAM OF RURAL ELECTRIFICATION IN THE STATE OF LOUISIANA; AND TO FURTHER THE GENERAL WELFARE AND GENERALLY TO PROMOTE THE INTEREST OF THE MEMBERS OF THE ASSOCIATION; TO FURTHER THE SAFETY, STABILITY, SECURITY AND PROSPERITY OF ELECTRIC COOPERATIVES; TO AID IN SOLVING THE PROBLEMS COMMON TO ELECTRIC COOPERATIVES, TO DISSEMINATE INFORMATION RELATING TO THE RURAL ELECTRIFICATION PROGRAM; TO COOPERATE WITH PUBLIC OFFICIALS AND CIVIC AND SERVICE ORGANIZATIONS IN THE PROMOTION OF RURAL ELECTRIFICATION AND NATIONAL, STATE, COMMUNITY AND RURAL DEVELOPMENT; TO PROVIDE SERVICES AND INFORMATION PROGRAMS THAT WILL STIMULATE LOCAL GROWTH, STABILITY AND SECURITY, AND STRENGHTEN THE ELECTRIC COOPERATIVE PROGRAM IN LOUISIANA; AND TO OTHERWISE ASSIST THE MEMBERS OF THE ASSOCIATION TO PROVIDE ELECTRIC ENERGY TO INHABITANTS OF MEMBER SERVICE AREAS AT THE LOWEST POSSIBLE COST CONSISTENT WITH SOUND ECONOMY. 12 12 10 0 0 0 1161182 1012874 639248 711626 22528 26675 8051 7354 1831009 1758529 223658 1500 0 0 927233 865641 0 0 0 1008678 1196842 2159569 2063983 -328560 -305454 2267909 2021006 93782 152333 2174127 1868673 TO FOSTER, DEVELOP AND ENCOURAGE THE PROGRAM OF RURAL ELECTRIFICATION IN THE STATE OF LOUISIANA; AND TO FURTHER THE GENERAL WELFARE AND GENERALLY TO PROMOTE THE INTEREST OF THE MEMBERS OF THE ASSOCIATION 0 0 THE ASSOCIATION OF LOUISIANA ELECTRIC COOPERATIVES, INC. IS A STATEWIDE TRADE ASSOCIATION WHOSE MAJOR PROGRAMS INCLUDE LEGISLATIVE AND GOVERNMENTAL REPRESENTATION, PUBLICATION OF "ALONG THESE LINES AND "THE LOUISIANA COUNTRY" MAGAZINES, AND SAFETY TRAININGS. 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 1 10 1 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X BEAMA PIERCE 2252933450 10725 AIRLINE HWY BATON ROUGE LA 70816 JR HICKMAN DIRECTOR 1.00 X 0 0 0 DENNIS GLASS PRESIDENT 1.00 X X 0 0 0 MIKE HEINEN VICE PRESIDENT 1.00 X X 0 0 0 DANNY BERTHELOT DIRECTOR 1.00 X 0 0 0 MARK BROWN DIRECTOR 1.00 X 0 0 0 LANE DAVIDSON DIRECTOR 1.00 X 0 0 0 ROGER DALE DEHART SECRETARY/TREASURER 1.00 X X 0 0 0 RICHARD SITMAN DIRECTOR 1.00 X 0 0 0 JOE JARRELL DIRECTOR 1.00 X 0 0 0 TRENT BUXTON DIRECTOR 1.00 X 0 0 0 BYRON HARDEE DIRECTOR 1.00 X 0 0 0 TREVOR BENOIT DIRECTOR 1.00 X 0 0 0 BEAMA PIERCE COO 40.00 X 110796 0 8300 ADDIE ARMATO CEO 40.00 X 130819 0 7300 AARRON GRAHAM DIRECTOR OF LOSS CONTROL 40.00 X 103439 0 6200 345054 0 21800 3 0 0 0 0 843150 169724 1012874 MAGAZINE SALES 513110 417826 417826 ANNUAL MEETING 561499 87566 87566 ADVERTISING SALES 541800 64809 64809 SAFETY AND TRAINING 611600 62405 62405 YOUTH TOUR 611600 48100 48100 30920 30920 711626 26675 26675 7200 0 7200 7200 7200 MISCELLANEOUS 561499 154 154 154 1758529 718980 0 26675 X 1500 345054 188901 29481 262851 39354 103789 44124 1850 26530 13518 24292 45410 28348 PRINTING 245322 MAILING COSTS-MAGAZINE 180909 PUBLIC RELATIONS 102654 MEETINGS 91988 288108 2063983 152130 27860 1417500 1063125 0 22623 12648 0 1061880 834292 227391 227588 250870 501921 207370 177889 2267909 2021006 25544 94059 1147 0 67091 58274 93782 152333 X 756622 805543 1417505 1063130 2174127 1868673 2267909 2021006 -305454 0 X X 1 X 0 1 0 1 0 0 41757 41757 723324 580511 142813 281705 238717 42988 15094 15064 30 227588 COMMERCIAL PAPER 501921 C 501921 NRECA RETIREMENT SECURITY PLAN PREPAYMENT 176889 OTHER 1000 177889 ACCRUED COMPENSATED ABSENCES 58274 58274 X 1758529 0 1758529 0 1758529 2063983 0 2063983 0 2063983 PART X, LINE 2: THE ASSOCIATION IS A QUALIFIED NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE 501(C)(6). THE ASSOCIATION FILES AN INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, THE ASSOCIATION IS NO LONGER SUBJECT TO FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2019. ANY INTEREST AND PENALTIES ASSESSED BY INCOME TAXING AUTHORITIES ARE NOT SIGNIFICANT AND ARE INCLUDED IN GENERAL AND ADMINISTRATIVE EXPENSES IN THESE FINANCIAL STATEMENTS AS APPLICABLE. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ASSOCIATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021. FORM 990, PART VI, SECTION A, LINE 6 EACH COOPERATIVE IS AN EQUAL MEMBER OF THE ASSOCIATION OF LA COOPERATIVES. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER COOPERATIVE IS ALLOWED REPRESENTATION BY BEING ALLOWED TO CHOOSE TWO BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES THAT ARE GRANTED THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY; THEREFORE THERE ARE NO MEETINGS TO DOCUMENT. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 IS PRESENTED TO THE CHIEF EXECUTIVE OFFICER WHO THEN PRESENTS TO THE FINANCE COMMITTEE FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C NO RELATED TRANSACTIONS ARE PERMITTED. NEW MEMBERS ARE REQUIRED TO PROVIDE DISCLOSURE OF ANY RELATIONSHIPS WITH THE ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 15 THE ALEC BOARD OF DIRECTORS USES THREE COMPENSATION STUDIES CONDUCTED BY THE NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION (NRECA) TO DETERMINE COMPENSATION FOR THE ALEC CEO. THE FIRST IS AN ANNUAL SURVEY OF ALL STATEWIDE ELECTRIC COOPERATIVE ASSOCIATIONS LIKE ALEC WHICH GIVES ALL COMPENSATION INFORMATION FOR EVERY STATEWIDE EXECUTIVE DIRECTOR/CEO IN THE NATION. THE SECOND IS A SURVEY OF NRECA REGION 8 ELECTRIC COOPERATIVES WHICH ALSO COLLECTS CEO COMPENSATION INFORMATION FOR ALL COOPERATIVES (DISTRIBUTION AND G&T) IN THE STATES OF LA, AR, OK, AND MO. THIRDLY, THE BOARD USES A SIMILAR COMPENSATION STUDY WHICH COLLECTS ALL OF THIS INFORMATION IN LOUISIANA. THE BOARD SETS CEO COMPENSATION BASED ON WHAT THEY BELIEVE IS FAIR BASED ON THIS INFORMATION ALONG WITH THE COST OF LIVING IN LOUISIANA COMPARED WITH OTHER MARKETS. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E TRAINING EQUIPMENT & PROGRAMS 66,078. GENERAL LEGISLATION 58,236. STATEWIDE & NRECA MEETING 52,396. REPAIRS & MAINTENANCE 42,132. AUTO EXPENSES 29,310. DUES & SUBSCRIPTIONS 16,088. TELEPHONE 15,288. OTHER TAXES 5,517. POSTAGE 3,063. FORM 990, PART XII, PART 2C NO CHANGE IN PROCESS FROM PRIOR YEAR.