2023-10-26T13:04:54-04:00 2023-06-30 620808829 WINNETT ASSOCIATES PLLC PO BOX 745 SHELBYVILLE TN 371620745 990 2022-07-01 620395590 VOLUNTEER ENERGY COOPERATIVE VOLU 4233341020 P O BOX 277 DECATUR TN 37322 DION COOPER PRESIDENT/CEO 4233341020 2023-10-20 true DION COOPER 999009999 true PATRICK R LILE P01067422 9316847142 2023-10-20 X 2022 2023-04-26 12:10:37Z DION COOPER PO BOX 277 DECATUR TN 37322 300419763 false X WWW.VEC.ORG X 1935 TN TO PROVIDE ELECTRIC ENERGY AND RELATED SERVICES TO RURAL AREAS. THE COOPERATIVE SERVICES 125,317 CUSTOMERS. 12 12 178 0 0 265439077 287508193 518561 6263989 4079869 4303442 270037507 298075624 0 0 10672934 12818774 0 0 248384207 274232558 259057141 287051332 10980366 11024292 369462846 375821618 68485075 60140425 300977771 315681193 NONE false false TO PROVIDE ELECTRIC ENERGY AND RELATED SERVICES TO RURAL AREAS. THE COOPERATIVE SERVICES 125,317 CUSTOMERS. false false false false false false false false false true false false false true false false true false false false false false false false false false false false true false false false false false false false false false false true true true true false true 110 0 178 true false false false false false 287508191 6382818 false false false X 12 12 false false false false true true false true true false false true true true true true true true true false X MARK VERSTYNEN 4233341020 18359 HWY 58 NORTH DECATUR TN 37322 RODERICK R BLEVINS FORMER OFFIC 50.00 1.00 X 372100 0 153317 PATTY HURLEY INTERIM PRES 45.00 2.00 X 228399 0 13800 STACEY HILL SERVICE FORE 57.45 0.00 X 147148 0 56132 MARK VERSTYNEN VP ACCOUNTIN 55.00 1.00 X 150274 0 52588 MATTHEW TEAGUE VP OF ENGINE 50.00 0.00 X 158587 0 41816 MICHAEL BICE LINEMAN 63.33 0.00 X 168921 0 24114 MARK KENNEDY LINEMAN 60.47 X 152041 0 36111 DUSTIN BATES LINEMAN 61.11 0.00 X 160495 0 22323 BRANDON MOSES LINEMAN 59.43 0.00 X 148553 0 18882 DION COOPER PRESIDENT/CE 60.00 0.00 X 29595 0 1443 KENNETH CAREY JR DIRECTOR 5.00 1.00 X 21352 0 0 JOHN BUCHANAN DIRECTOR 3.00 0.00 X 20752 0 0 AUBIE SMITH CHAIRMAN 10.00 0.50 X X 20752 0 0 LARRY STORIE DIRECTOR 12.00 0.00 X X 19924 0 0 JERRY HENLEY DIRECTOR 10.00 0.00 X 19624 0 0 SAMMY NORTON SECRETARY/TR 10.00 2.00 X X 19324 0 0 KEITH PHILLIPS DIRECTOR 8.00 0.00 X 18952 0 0 TIM HANDLER ASST SEC/TRE 10.00 0.00 X X 18600 0 0 WILLIAM J CAMPBELL VICE-CHAIRMA 10.00 2.00 X X 18424 0 0 MIKE FRAZIER DIRECTOR 10.00 0.00 X 16924 0 0 DAVID J MILEN DIRECTOR 10.00 0.50 X 16624 0 0 RANDY BOND DIRECTOR 10.00 0.00 X 13818 0 0 PHILIP SMITH DIRECTOR 8.00 0.25 X 2271 0 0 1943454 420526 68 true true false SERVICE ELECTRIC COMPANY PO BOX 277790 ATLANTA GA 30384 LINE CONSTRUCTI 6339925 WAKENDALL AND COMPANY LLC PO BOX 831 LAWRENCEVILLE GA 30046 ROW TRIMMING 5721367 MPS LLC PO BOX 3178 CLEVELAND TN 37320 LINE CONSTRUCTI 3294396 GALLOWAY CONSTRUCTION LLC PO BOX 69 SUNBRIGHT TN 37872 FIBER CONSTRUCT 2343523 SUPERIOR TELECOM INC PO BOX 308 SUNBRIGHT TN 37872 FIBER CONSTRUCT 612102 13 SALE OF ELECTRIC ENERGY 221000 287235866 287235866 NATURAL GAS SALES 221000 144389 144389 MISCELLANEOUS PROGRAM SERVICE 221000 127938 127938 287508193 734937 734937 4303442 4303442 4303442 4303442 7873191 2344139 5529052 5529052 5529052 298075624 293037245 5038379 934747 10280705 761933 841389 176344 79001 44271 82750 1005765 2527564 321325 19932091 766599 COST OF POWER 227850076 DISTRIBUTION EXPENSE 13782140 ADMINISTRATIVE AND GENERA 4717798 CUSTOMER ACCOUNTS EXPENSE 1918437 1028397 287051332 0 0 0 33268022 25095926 17878173 23878583 20335647 16901587 5890404 5898662 11227589 14099597 876046 890367 569632678 294334879 267423786 275297799 9240250 10598803 3322929 3160294 369462846 375821618 46231226 40038541 9899969 6916412 12353880 13185472 68485075 60140425 X 480995 488735 300496776 315192458 300977771 315681193 369462846 375821618 X 11024292 118828 3560302 X false true X false false 2937126 2937126 26911950 8881936 18030014 528209544 285452943 242756601 11574058 11574058 275297799 CUSTOMER DEPOSITS 7690590 ADVANCES FROM TVA 4296358 OTHER CURRENT LIABILITIES 1198524 13185472 X X false false false RODERICK R BLEVINS FORMER OFFICER 240094 132006 141775 11542 525417 PATTY HURLEY INTERIM PRES./CEO 221424 6975 13800 242199 STACEY HILL SERVICE FOREMAN 146228 920 39722 16410 203280 MARK VERSTYNEN VP ACCOUNTING & FINA 149552 722 35485 17103 202862 MATTHEW TEAGUE VP OF ENGINEERING 149777 8810 24770 17046 200403 MICHAEL BICE LINEMAN 168795 126 7704 16410 193035 MARK KENNEDY LINEMAN 151551 490 19701 16410 188152 DUSTIN BATES LINEMAN 160306 189 6159 16164 182818 BRANDON MOSES LINEMAN 148383 170 2718 16164 167435 FORM 990, PART VI THE COOPERATIVE'S PURCHASING POLICY REQUIRES ALL BIDS FOR EQUIPMENT, MATERIAL, AND CONTRACT LABOR THAT EXCEEDS 25,000 TO BE APPROVED BY THE BOARD OF DIRECTORS. THIS WOULD INCLUDE A MULIT-YEAR CONTRACT THAT EXCEEDS 25,000. FORM 990, PAGE 6, PART VI, LINE 6 VOLUNTEER ENERGY COOPERATIVE HAS 125,317 MEMBERS TO WHOM IT PROVIDES ELECTRICITY. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS OF VOLUNTEER ENERGY COOPERATIVE ELECT THE BOARD MEMBERS ANNUALLY THROUGH A DEMOCRATIC PROCESS. FORM 990, PAGE 6, PART VI, LINE 11B THE INDEPENDENT CPA FIRM THAT PREPARES THE FORM WILL REVIEW THE ORGANIZATION'S FORM 990 WITH THE BOARD OF DIRECTORS BEFORE IT IS SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C A CONFLICT OF INTEREST QUESTIONNAIRE FORM IS SENT OUT TO THE BOARD OF DIRECTORS, THE VICE PRESIDENTS, AND THE AREA MANAGERS TO COMPLETE AND SIGN EACH YEAR. ALSO, ANY MAJOR PURCHASES OF 10,000.00 OR MORE MUST BE APPROVED BY THE ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION FOR THE PRESIDENT/CEO ON AN ANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION FOR THE OFFICERS OF VEC ON AN ANNUAL BASIS. THE OFFICERS DETERMINE THE COMPENSATION FOR THE REST OF THE STAFF. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE LOCAL OFFICE. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE PRESIDENT/CEO. FORM 990, PART XI, LINE 9 CY ACTUARIAL GAIN - PENSION 579,969 DIFFERENCE IN ROA - PENSION 791,853 SETTLEMENT LOSS 124,911 CY ACTUARIAL GAIN - OPEB 2,044,106 AMORITZATION OF LOSS - OPEB 11,723 CHANGE IN MEMBERSHIP 7,740 TOTAL 3,560,302 VOLUNTEER ENERGY PROPANE LLC P O BOX 277 DECATUR TN 37322 621794721 PROPANE SA TN -149 VEC VEC CUSTOMERS SHARE INC PO BOX 277 DECATUR TN 37322 621861476 CHARITABLE TN 501C3 7 VEC true false false false false false false false false false false false true false true true false false true false VEC CUSTOMERS SHARE INC R 333699 VALUE OF CASH TRANSFERRED