2023-11-08T09:30:11-05:00 2022-12-31 731293012 BRISCOE BURKE & GRIGSBY LLP 4120 E 51ST STREET TULSA OK 741353639 990 2022-01-01 730457520 SOUTHEASTERN ELECTRIC COOPERATIVE INC SOUT 5809242170 PO BOX 1370 DURANT OK 74702 JAMES FOX GENERAL MANAGER 5809242170 2023-11-07 true JAMES FOX XXX-XX-XXXX false MICHAEL K BURKE CPA P00054433 9187498337 2023-11-07 2022 2023-04-26 12:10:37Z JAMES FOX 13505 S CAT CITY RD CADDO OK 74729 46141823 false X WWW.SE-COOP.COM X 1939 OK TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. 8 8 43 0 0 40418852 46002341 200049 94244 46160 43708 40665061 46140293 0 2347562 2724448 1281342 1416931 0 0 37036157 41998914 40665061 46140293 0 83173851 87750718 38965449 41543614 44208402 46207104 TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. false false TO PROVIDE ELECTRICITY TO OUR MEMBERS - 16,589 ACTIVE SERVICES (19,069 TOTAL SERVICES IN PLACE - 2,480 IDLE SERVICES) AT YEAR-END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS AND WERE ALLOCATED PATRONAGE CAPITAL. false false false false false false false false false true false true false false true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false 10 0 true 43 true false false false false false 45183295 446918 false false false X 8 8 false false false false true true true true true false false false true true true false true true true false OK X SOUTHEASTERN ELECTRIC COOPERATIVE 5809242170 1514 E HWY 70 DURANT OK 74702 JAMES FOX GENERAL MANA 40.00 X 200036 0 171867 RUSSELL STEPP DIRECTOR OPE 40.00 X 104643 0 57372 RANDY CLOYD OFFICE MANAG 40.00 X 142693 0 14184 MICHAEL GREEN WORKING FORE 54.00 X 116982 0 39295 JASON WHITAKER AREA SERVICE 40.00 X 113921 0 37881 LEITH BURKHALTER LINEMAN 40.00 X 107020 0 42552 TRACY ROGERS MEMBER 2.00 X 39319 0 0 ODIS WILLINGHAM PRESIDENT 6.00 X 39039 0 0 DENNIS BOWEN VICE-PRESIDE 3.00 X 38479 0 0 DAVID KELLY MEMBER 2.00 X 38339 0 0 ANTHONY DILLARD MEMBER 2.00 X 38059 0 0 CASEY ROBINSON MEMBER 2.00 X 37779 0 0 STEVEN KELSO MEMBER 2.00 X 22883 0 0 JAMES DANCER MEMBER 2.00 X 14588 0 0 1053780 363151 7 false true false METTS POWERLINE CONSTRUCTION INC 3307 N WASHINGTON DURANT OK 74701 R/W TREE TRIMMI 1529613 METTS POWERLINE CONSTRUCTION INC 3307 N WASHINGTON DURANT OK 74701 POWER LINES 1030327 MC DEAN PO BOX 532232 ATLANTA GA 303532232 WORK PLAN 408157 PROGRESSIVE SOLUTIONS PO BOX 825124 PHILADELPHIA PA 191825124 ROW SPRAYING 185901 LINETEC SERVICES LLC 19820 N 7TH AVENUE SUITE 120 PHOENIX AZ 85027 OVERHEAD CONSTR 113952 5 SALES OF ELECTRICITY 221000 45168895 45168895 PATRONAGE DIVIDENDS 221000 819046 819046 SERVICE FEE REVENUE 221000 14400 14400 46002341 86744 86744 44453 44453 44453 44453 7500 7500 7500 7500 785 1530 -745 -745 46140293 46002341 137952 X 2724448 640388 776543 909615 2491628 COST OF POWER 33544028 DISTRIBUTION 3516222 CONSUMER EXPENSE 1537421 46140293 0 0 0 X 2020573 657749 4048923 6464340 716420 894812 5203221 4080055 82450610 21420972 57028247 61029638 14156467 14624124 83173851 87750718 5171022 5975441 33794427 35568173 38965449 41543614 X 57935 59240 1667628 1801741 42482839 44346123 44208402 46207104 83173851 87750718 X 0 1998702 X false true X true false 303946 303946 2918987 1408499 1510488 79227677 20012473 59215204 61029638 INVESTMENTS IN ASSOCIATED 14624124 C 14624124 X 46140293 46140293 46140293 43415845 43415845 2724448 2724448 46140293 SCHEDULE D, PAGE 3, PART X THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS CONSIDERED WHETHER THE COOPERATIVE HAS ANY UNCERTAIN TAX POSITIONS, EMBEDDED OR OTHERWISE, THAT WOULD MATERIALLY IMPACT THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES NO SUCH MATERIAL UNCERTAINTIES EXIST, THEREFORE NO PROVISION IS PROVIDED. SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE DIVIDENDS - ALLOCATED 2,724,448 X X X false false false JAMES FOX GENERAL MANAGER 195745 4291 159105 12762 371903 RUSSELL STEPP DIRECTOR OPERATIONS 102544 2099 44610 12762 162015 RANDY CLOYD OFFICE MANAGER 142693 2486 11698 156877 MICHAEL GREEN WORKING FOREMAN 116722 260 26533 12762 156277 JASON WHITAKER AREA SERVICEMAN 113698 223 25119 12762 151802 SCHEDULE J, PART III PART II, COLUMN C: INCLUDED IN THIS AMOUNT IS THE INCREASE OR DECREASE IN ACTUARIAL VALUE OF RS DEFINED BENEFIT PENSION PLAN. THIS INCREASE OR DECREASE DOES NOT REPRESENT CASH PAYMENTS UNDER THE PLAN. FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS FORM 990, PAGE 6, PART VI, LINE 7A YES, PER THE SOUTHEASTERN ELECTRIC COOPERATIVE, INC. BY-LAW ARTICLES III AND IV. FORM 990, PAGE 6, PART VI, LINE 7B YES, PER THE SOUTHEASTERN ELECTRIC COOPERATIVE, INC. BY-LAWS FORM 990, PAGE 6, PART VI, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 12C DONE ON AN ANNUAL BASIS BY THE COOPERATIVE'S LAWYER. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION FOR THE GENERAL MANAGER, OFFICERS, AND/OR KEY EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION FOR THE GENERAL MANAGER, OFFICERS, AND/OR KEY EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST FORM 990, PART VIII FORM 990, PART IX THE COOPERATIVE'S ACCOUNTING RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS REQUIRED BY ITS REGULATORY AGENCY. THE UNIFORM SYSTEM OF ACCOUNTS DOES NOT RECORD EXPENSES IN THE EXPENSES CATEGORIES PROVIDED ON PART IX LINES 1-23. THEREFORE, OTHER EXPENSES LINE 24 INCLUDES EXPENSES THAT ARE DESCRIBED IN LINES 1-23, BUT REPORTED USING THE UNIFORM SYSTEM OF ACCOUNTS. FORM 990, PART X FORM 990, PART IX: FOR THE AUDITED FINANCIAL STATEMENTS, THE AMOUNT OF PATRONAGE DIVIDENDS PAID OR ALLOCATED TO THE MEMBERS IS REPORTED AS AN INCREASE IN EQUITY AND NOT AS AN EXPENSE. THEREFORE, NET INCOME PER THE AUDITED FINANCIAL STATEMENTS IS REPORTED GROSS OF THE AMOUNT OF PATRONAGE DIVIDENDS THAT ARE EITHER ALLOCATED OR TO BE ALLOCATED AT THE TIME THE AUDITED FINANCIAL STATEMENTS ARE PREPARED. HOWEVER, BECAUSE THE ALLOCATION OF PATRONAGE DIVIDENDS IS ONE ASPECT OF HOW THE COOPERATIVE FULFILLS ITS TAX EXEMPT PURPOSE OF OPERATING ON A COOPERATIVE BASIS, THE AMOUNT OF PATRONAGE DIVIDENDS EITHER ALLOCATED OR TO BE ALLOCED TO THE MEMBERS IS REPORTED ON FORM 990, PART IX, LINE 4 AS "BENEFITS PAID TO MEMBERS." PATRONAGE DIVIDENDS ARE ALLOCATED ON A PATRONAGE BASIS AND DONE SO PURSUANT TO A PRE-EXISTING OBLIGATION AS PROVIDED FOR IN THE "NON-PROFIT OPERATION" ARTICLE OF THE COOPERATIVE'S BYLAWS. FORM 990, PART XI, LINE 9 INCREASE IN MEMBERSHIPS 1,305 INCREASE IN OTHER EQUITIES 134,113 PATRONAGE DIVIDEND ALLOCATION 2,724,448 RETIREMENT OF PATRONAGE CAPITAL -785,757 TRANSFERS -75,407 TOTAL 1,998,702