APPALACHIAN ELECTRIC COOPERATIVE: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- APPALACHIAN ELECTRIC COOPERATIVE (EIN 62-0116541)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-15
- IRS object ID
- 202521359349303762
- Schema version
- 2023v6.0
- 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 | 2025-05-15T09:59:38-04:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 621170651 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BROWN JAKE & MCDANIEL PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2607 KINGSTON PIKE SUITE 110 | AddressLine1Txt |
| City | KNOXVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 379193336 | 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 | 620116541 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | APPALACHIAN ELECTRIC COOPERATIVE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | APPA | BusinessNameControlTxt |
| Phone | 8654752032 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 400 | AddressLine1Txt |
| City | NEW MARKET | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37820 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSH COMPTON | PersonNm |
| Person Title | GM AND EXECUTIVE VP | PersonTitleTxt |
| Phone | 8654752032 | PhoneNum |
| Signature | 2025-05-14 | 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 | HALEY S SLAGLE CPA | PreparerPersonNm |
| PTIN | P00732084 | PTIN |
| Phone | 8656378600 | PhoneNum |
| Preparation | 2025-05-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOSH COMPTON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 400 | AddressLine1Txt |
| City | NEW MARKET | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37820 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $127,127,818 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.AECOOP.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1940 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | DISTRIBUTION OF ELECTRICITY TO MEMBERS/OWNERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 125 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $119,623,655 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $118,828,860 | CYProgramServiceRevenueAmt |
| PY Investment Income | $540,029 | PYInvestmentIncomeAmt |
| CY Investment Income | $742,671 | CYInvestmentIncomeAmt |
| PY Other Revenue | $6,105,793 | PYOtherRevenueAmt |
| CY Other Revenue | $7,556,287 | CYOtherRevenueAmt |
| PY Total Revenue | $126,269,477 | PYTotalRevenueAmt |
| CY Total Revenue | $127,127,818 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $9,323,717 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $14,982,417 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $112,469,726 | PYOtherExpensesAmt |
| CY Other Expenses | $104,348,808 | CYOtherExpensesAmt |
| PY Total Expenses | $121,793,443 | PYTotalExpensesAmt |
| CY Total Expenses | $119,331,225 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,476,034 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $7,796,593 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $279,058,188 | TotalAssetsBOYAmt |
| Total Assets EOY | $290,575,459 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $155,877,470 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $159,555,675 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $123,180,718 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $131,019,784 | NetAssetsOrFundBalancesEOYAmt |
| Mission | DISTRIBUTION OF ELECTRICITY TO MEMBERS/OWNERS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | APPALACHIAN ELECTRIC COOPERATIVE WAS FORMED IN 1940 AS A MEMBER-OWNED COOPERATIVE AND IS HEADQUARTERED IN NEW MARKET, TENNESSEE. AEC EXISTS TODAY TO DISTRIBUTE QUALITY ELECTRICITY AT THE LOWEST POSSIBLE COST, PROMOTE AND FACILITATE ECONOMIC DEVELOPMENT, AND ENHANCE THE QUALITY OF LIFE FOR ITS MEMBERS. THE COOPERATIVE PURCHASES POWER FROM THE TENNESSEE VALLEY AUTHORITY AT WHOLESALE AND SUPPLIES POWER TO 51,032 MEMBERS. | Desc |
| 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 | Yes (true) | 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 | Yes (true) | 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 |
| Employee | 125 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| 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 | $118,409,421 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $8,718,397 | 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 | 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 |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KIMBERLY SANDLIN | PersonNm |
| Phone | 8654752032 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 400 | AddressLine1Txt |
| City | NEW MARKET | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37820 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| JOSH COMPTON | |||||||
| GM AND EXECU | 55.00 | Yes (X) | $237,321 | $0 | $98,847 | ||
| JOE MCCARTER | |||||||
| VP OF ENGINE | 55.00 | Yes (X) | $164,931 | $0 | $71,572 | ||
| JAMES CHAMBERS | |||||||
| OPERATING SU | 50.00 | $149,106 | $0 | $51,954 | Yes (X) | ||
| ADAM NEWCOMB | |||||||
| DIRECTOR ENG | 50.00 | $141,118 | $0 | $59,588 | Yes (X) | ||
| CONARD FRYE | |||||||
| VP OF ADMIN | 55.00 | Yes (X) | $159,773 | $0 | $39,981 | ||
| DEXTER LOWE | |||||||
| LINEMAN | $138,407 | $0 | $52,193 | Yes (X) | |||
| BROCK JOHNSON | |||||||
| LINEMAN | $129,472 | $0 | $50,505 | Yes (X) | |||
| TIM COLLINS | |||||||
| DIRECTOR | 8.00 | $15,864 | $0 | $0 | Yes (X) | ||
| GARY JETT | |||||||
| PRESIDENT OC | 12.00 | Yes (X) | $15,284 | $0 | $0 | Yes (X) | |
| JOHN AUSTIN | |||||||
| SECRETARY/TR | 9.00 | Yes (X) | $14,814 | $0 | $0 | Yes (X) | |
| MIKE HICKS | |||||||
| DIRECTOR | 8.00 | $14,034 | $0 | $0 | Yes (X) | ||
| RANDY BAXLEY | |||||||
| DIRECTOR | 8.00 | $13,604 | $0 | $0 | Yes (X) | ||
| MARK ISOM | |||||||
| VICE-PRESIDE | 8.00 | Yes (X) | $13,183 | $0 | $0 | Yes (X) | |
| MIKE NORTON | |||||||
| DIRECTOR | 12.00 | $13,164 | $0 | $0 | Yes (X) | ||
| SUE MCBEE | |||||||
| DIRECTOR | 8.00 | $12,664 | $0 | $0 | Yes (X) | ||
| DALE FAIN | |||||||
| PRESIDENT JU | 0.00 | Yes (X) | $12,255 | $0 | $0 | Yes (X) | |
| BUDDY LEE | |||||||
| DIRECTOR | 8.00 | $830 | $0 | $0 | Yes (X) | ||
| KIMBERLY SANDLIN | |||||||
| CFO | 55.00 | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,245,824 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $424,640 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | 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 |
|---|---|---|---|---|---|
| QUANTA TELECOMMUNICATIONS SERVICES | |||||
| 1608 MARGARET ST | HOUSTON | TX | 77093 | FIBER CONTRACT | $9,776,219 |
| ERVIN CABLE CONSTRUCTION LLC | |||||
| PO BOX 932157 | ATLANTA | GA | 311932157 | FIBER CONTRACT | $8,524,369 |
| SERVICE ELECTRIC COMPANY | |||||
| PO BOX 3656 | CHATTANOOGA | TN | 37404 | ELEC CONTRACTOR | $3,263,329 |
| XYLEM TREE EXPERTS | |||||
| 208 E PLUME ST SUITE 250 | NORFOLK | VA | 23510 | ROW CONTRACTOR | $2,760,333 |
| WA KENDALL AND COMPANY LLC | |||||
| 2736 MEADOW CHURCH RD SUITE 200 | DULUTH | GA | 30097 | ROW CONTRACTOR | $1,595,506 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 17 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| SALE OF ELECTRICITY | 221000 | $117,650,923 | $117,650,923 |
| CUSTOMERS' FORFEITED DISCOUNT | 221000 | $758,498 | $758,498 |
| OTHER ELECTRIC REVENUE | 221000 | $419,439 | $419,439 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $118,828,860 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $742,671 | TotalRevenueColumnAmt |
| Exclusion | $742,671 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| RENT FROM ELECTRIC PROPERTY | 221000 | $7,376,769 | $7,376,769 |
| MISCELLANEOUS | 221000 | $179,518 | $179,518 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $7,556,287 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $127,127,818 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $118,828,860 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $8,298,958 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,037,081 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,397,916 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,006,320 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,746,341 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $794,759 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,400 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,378 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,625 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,909 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,727,583 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,227,009 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PURCHASED POWER | $83,473,188 |
| MAINTENANCE | $2,871,634 |
| CUST ACCOUNTS/GEN AND ADM | $2,525,848 |
| TRANSMISSION/DISTRIBUTION | $2,258,234 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,331,225 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,452,967 | BOYAmt |
| EOY | $7,178,050 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,184,244 | BOYAmt |
| EOY | $1,082,158 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $404,385 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,327,855 | BOYAmt |
| EOY | $15,870,228 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,320,074 | BOYAmt |
| EOY | $1,917,874 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,398,836 | BOYAmt |
| EOY | $5,047,361 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $377,269,605 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $125,948,003 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $228,636,678 | BOYAmt |
| EOY | $251,321,602 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,737,534 | BOYAmt |
| EOY | $7,753,801 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $279,058,188 | BOYAmt |
| EOY | $290,575,459 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,302,838 | BOYAmt |
| EOY | $24,246,078 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $121,386,882 | BOYAmt |
| EOY | $127,844,483 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,187,750 | BOYAmt |
| EOY | $7,465,114 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $155,877,470 | BOYAmt |
| EOY | $159,555,675 | 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 | $123,180,718 | BOYAmt |
| EOY | $131,019,784 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $123,180,718 | BOYAmt |
| EOY | $131,019,784 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $279,058,188 | BOYAmt |
| EOY | $290,575,459 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $7,796,593 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $42,473 | 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) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| 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) |
|---|---|---|
| Investment Cost Or Other Basis | $3,459,052 | InvestmentCostOrOtherBasisAmt |
| Book Value | $3,459,052 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $18,982,000 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $8,998,208 | DepreciationAmt |
| Book Value | $9,983,792 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $90,521,315 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $32,131,442 | DepreciationAmt |
| Book Value | $58,389,873 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $264,307,238 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $84,818,353 | DepreciationAmt |
| Book Value | $179,488,885 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $251,321,602 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| CUSTOMER DEPOSITS | $3,947,750 |
| ACCRUED INTEREST | $957,605 |
| ACCRUED TAXES | $870,000 |
| DEFERRED CREDITS | $852,408 |
| POSTRETIREMENT BENEFITS | $837,351 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $7,465,114 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $127,127,818 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $127,127,818 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $127,127,818 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $119,331,225 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $119,331,225 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $119,331,225 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 3, PART X | FormAndLineReferenceDesc |
| Explanation | THE COOPERATIVE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER CERTAIN PROVISIONS OF THE INTERNAL REVENUE CODE, SECTION 501(C)(12). THE COOPERATIVE FILES ANNUAL RETURNS OF ORGANIZATIONS EXEMPT FROM INCOME TAXES WITH THE INTERNAL REVENUE SERVICE (IRS). THE COOPERATIVE IS NO LONGER SUBJECT TO EXAMINATIONS BY FEDERAL TAX AUTHORITIES FOR YEARS BEFORE 2021. | ExplanationTxt |
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 (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| JOSH COMPTON | ||||
| GM AND EXECUTIVE VP | $237,321 | $26,878 | $71,969 | $336,168 |
| JOE MCCARTER | ||||
| VP OF ENGINEERING | $164,931 | $13,100 | $58,472 | $236,503 |
| JAMES CHAMBERS | ||||
| OPERATING SUPERVISOR | $149,106 | $1,004 | $50,950 | $201,060 |
| ADAM NEWCOMB | ||||
| DIRECTOR ENGINEERING | $141,118 | $59,588 | $200,706 | |
| CONARD FRYE | ||||
| VP OF ADMIN | $159,773 | $10,882 | $29,099 | $199,754 |
| DEXTER LOWE | ||||
| LINEMAN | $138,407 | $4,234 | $47,959 | $190,600 |
| BROCK JOHNSON | ||||
| LINEMAN | $129,472 | $50,505 | $179,977 | |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | APPALACHIAN ELECTRIC COOPERATIVE IS MEMBER OWNED BY THE CUSTOMERS IT SERVES. |
| FORM 990, PAGE 6, PART VI, LINE 7A | EACH INDIVIDUAL ON THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS FOR A THREE YEAR TERM, WITH THREE DIRECTORS UP FOR RE-ELECTION EVERY YEAR. THE MEMBERS ELECT THE DIRECTORS AT AN ANNUAL MEMBER MEETING, WHERE EACH MEMBER GETS ONE VOTE. |
| FORM 990, PAGE 6, PART VI, LINE 7B | MEMBERS ANNUALLY ELECT DIRECTORS TO FILL EXPIRING TERMS OF A PORTION OF THE COOPERATIVE'S BOARD OF DIRECTORS. THE ELECTION RESULTS ARE RATIFIED BY THE COOPERATIVE'S MEMBERSHIP AT AN ANNUAL MEETING. MEMBERS MUST ALSO VOTE TO APPROVE THE DISSOLUTION, MERGER OR CONSOLIDATION, OR SALE OF A SIGNIFICANT PORTION OF THE ASSETS OF THE COOPERATIVE. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE BOARD REVIEWS AND ATTESTS TO POTENTIAL CONFLICTS OF INTEREST EACH CALENDAR YEAR AND STAFF IS HELD TO CORRESPONDING COMPANY POLICY. |
| FORM 990, PAGE 6, PART VI, LINE 15A | NATIONAL AND STATE BENCHMARKING DATA IS UTILIZED TO DETERMINE PROPER MARKET RATES FOR THE CEO. |
| FORM 990, PAGE 6, PART VI, LINE 15B | NATIONAL AND STATE BENCHMARKING DATA IS UTILIZED TO DETERMINE PROPER MARKET RATES FOR OTHER OFFICERS OF THE COOPERATIVE. |
| FORM 990, PAGE 6, PART VI, LINE 19 | BYLAWS AND POLICIES ARE MADE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | PRIOR PERIOD ADJUSTMENT - 2023 100,982 PRIOR PERIOD ADJUSTMENT - 2024 788 UNRECOGNIZED ACTUARIAL LOSS POSTRETIREMENT BENEFIT -54,842 CHANGE IN MEMBERSHIP CERTIFICATES -4,455 TOTAL 42,473 |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | APPALACHIAN UTILITY SERVICES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1109 HILL DRIVE | AddressLine1Txt |
| City | NEW MARKET | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 378203832 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 473765703 | EIN |
| Primary Activities | SOLOR POWE | PrimaryActivitiesTxt |
| Legal Domicile State | TN | LegalDomicileStateCd |
| End Of Year Assets | $1,612,569 | EndOfYearAssetsAmt |
| Direct Controlling NA | N/A | DirectControllingNACd |