SOUTHEASTERN ILLINOIS ELECTRIC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: SOUTHEASTERN ILLINOIS ELECTRIC (EIN 37-0524860)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-07-12
IRS object ID: 202201939349301300
Schema version: 2021v4.2
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
Form 990
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-07-12T07:39:02-05:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	363163136	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	LWG CPAS & ADVISORS	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1776 N MERIDIAN ST STE 500	AddressLine1Txt
City	INIANAPOLIS	CityNm
State Abbreviation	IN	StateAbbreviationCd
ZIP	46202	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	370524860	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SOUTHEASTERN ILLINOIS ELECTRIC COOP INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	SOUT	BusinessNameControlTxt
Phone	6182732611	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1001	AddressLine1Txt
City	CARRIER MILLS	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	62917	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	GREGORY CRUSE	PersonNm
Person Title	MANAGER, ADMIN & FINANCE	PersonTitleTxt
Phone	6182732611	PhoneNum
Signature	2022-06-28	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	GREGORY	PersonFirstNm
Person Last	CRUSE	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	BRIAN D CHERRY	PreparerPersonNm
PTIN	P01355823	PTIN
Phone	3176344747	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	GREGORY CRUSE	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1001	AddressLine1Txt
City	CARRIER MILLS	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	62917	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$85,978,289	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.SEIEC.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1938	FormationYr
Legal Domicile State	IL	LegalDomicileStateCd
Activity Or Mission	DISTRIBUTION SALES OF ELECTRICITY TO APPROX 24,000 MEMBER OWNERS ON A PATRONAGE BASIS.	ActivityOrMissionDesc
Voting Members Governing Body	11	VotingMembersGoverningBodyCnt
Voting Members Independent	11	VotingMembersIndependentCnt
Total Employee	75	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	-$206	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$88,395,545	PYProgramServiceRevenueAmt
CY Program Service Revenue	$85,853,020	CYProgramServiceRevenueAmt
PY Investment Income	$104,660	PYInvestmentIncomeAmt
CY Investment Income	$93,407	CYInvestmentIncomeAmt
PY Other Revenue	$20,032	PYOtherRevenueAmt
CY Other Revenue	$31,862	CYOtherRevenueAmt
PY Total Revenue	$88,520,237	PYTotalRevenueAmt
CY Total Revenue	$85,978,289	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$4,268,580	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$5,748,150	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$12,878,022	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$13,103,661	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$71,373,635	PYOtherExpensesAmt
CY Other Expenses	$67,126,478	CYOtherExpensesAmt
PY Total Expenses	$88,520,237	PYTotalExpensesAmt
CY Total Expenses	$85,978,289	CYTotalExpensesAmt
PY Revenues Less Expenses	$0	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$0	CYRevenuesLessExpensesAmt
Total Assets BOY	$206,583,855	TotalAssetsBOYAmt
Total Assets EOY	$211,832,578	TotalAssetsEOYAmt
Total Liabilities BOY	$86,007,068	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$87,104,088	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$120,576,787	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$124,728,490	NetAssetsOrFundBalancesEOYAmt
Mission	DISTRIBUTION SALES OF ELECTRICITY TO MEMBER OWNERS ON A PATRONAGE BASIS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$85,978,289	ExpenseAmt
Revenue	$85,885,088	RevenueAmt
Desc	PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF 24,696 PER MONTH.	Desc
Total Program Service Expenses	$85,978,289	TotalProgramServiceExpensesAmt
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	Yes (1)	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	39	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	75	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Members And Shr Gross Income	$85,853,020	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$125,269	OtherSourcesGrossIncomeAmt
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	11	GoverningBodyVotingMembersCnt
Independent Voting Member	11	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	GREGORY CRUSE	PersonNm
Phone	6182732611	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1001	AddressLine1Txt
City	CARRIER MILLS	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	62917	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
PAMELA BRAMLET
SEC/TREA	1.50	Yes (X)	Yes (X)	$8,410	$0	$0
SHANE CROSLIN
VICE CHAIRMAN	0.90	Yes (X)	Yes (X)	$6,410	$0	$0
GARY HISE
TRUSTEE	3.15	Yes (X)		$6,406	$0	$0
BRIAN JOYNER
TRUSTEE	2.23	Yes (X)		$8,010	$0	$0
VICTOR KNIGHT
TRUSTEE	3.92	Yes (X)		$6,806	$0	$0
JOSEPH MARLO
TRUSTEE	4.50	Yes (X)		$13,260	$0	$0
RICHARD RISTER
TRUSTEE	2.88	Yes (X)		$9,610	$0	$0
JAMIE SCHERRER
TRUSTEE	3.08	Yes (X)		$7,610	$0	$0
DALE SCHIERBAUM
CHAIRMAN	1.72	Yes (X)	Yes (X)	$11,610	$0	$0
TIM SPIVEY
TRUSTEE	1.65	Yes (X)		$5,610	$0	$0
ROBERT TIBEREND
TRUSTEE	1.75	Yes (X)		$7,202	$0	$0
DUSTIN TRIPP
PRESIDENT & CEO	55.00		Yes (X)	$363,157	$0	$181,311
GREGORY CRUSE
CFO	50.00		Yes (X)	$198,124	$0	$123,828
JEFF CRISP
MGR ROW	40.00			$166,757	$0	$111,372	Yes (X)
JEFFREY NEUMAN
ASST OP MGR	40.00			$146,579	$0	$103,631	Yes (X)
WILLIAM SWEAT
ASST OP MGR	40.00			$150,872	$0	$103,414	Yes (X)
TRAVIS JONES
ENGINEERING MGR	40.00			$123,117	$0	$88,378	Yes (X)
JAMES GENET
UTILITY SERVICEMAN	47.19			$135,659	$0	$67,223	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,375,209	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$779,157	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	32	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
NRECA
4301 WILSON BLVD	ARLINGTON	VA	22896	EMPLOYEE BENEFITS	$2,765,021
LINECO
77 WESTPORT PLAZA	ST LOUIS	MO	63146	MEDICAL INSURANCE PREMIUMS	$1,383,367
LILLY TIMBER SERVICES
1794 EAST ST	BEECHER CITY	IL	62414	RIGHT OF WAY CLEARING	$1,223,996
SIPC
11543 LAKE OF EGYPT RD	MARION	IL	62959	OPERATIONS	$547,779
ENDRIZZI CONTRACTING
610 OLD ROUTE 146 LOOP	VIENNA	IL	62995	RIGHT OF WAY CLEARING	$496,642

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	9	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SALE OF ELECTRIC ENERGY	221000	$82,480,994	$82,480,994
CAPITAL CREDITS REVENUE	900001	$2,839,281	$2,839,281
OTHER REVENUES	221000	$532,745	$532,745

Field	Value	IRS element (for citing)
Total Program Service Revenue	$85,853,020	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$93,407	TotalRevenueColumnAmt
Exclusion	$93,407	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
WATER HEATERS	900099	$32,068	$32,068
SOUTHERN SERVICES LLC	900000	-$206		-$206

Field	Value	IRS element (for citing)
Other Revenue Total	$31,862	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$85,978,289	TotalRevenueColumnAmt
Related Or Exempt Func Income	$85,885,088	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$206	UnrelatedBusinessRevenueAmt
Exclusion	$93,407	ExclusionAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$5,748,150	TotalAmt
Program Services	$5,748,150	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$957,364	TotalAmt
Program Services	$957,364	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$6,516,222	TotalAmt
Program Services	$6,516,222	ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$3,625,394	TotalAmt
Program Services	$3,625,394	ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$1,439,180	TotalAmt
Program Services	$1,439,180	ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$565,501	TotalAmt
Program Services	$565,501	ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$65,599	TotalAmt
Program Services	$65,599	ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$14,975	TotalAmt
Program Services	$14,975	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,536,335	TotalAmt
Program Services	$2,536,335	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$5,519,117	TotalAmt
Program Services	$5,519,117	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
COST OF POWER	$58,110,637	$58,110,637
DISTRIBUTION - MAINTENA	$4,465,291	$4,465,291
ADMINISTRATION & GENERA	$1,619,941	$1,619,941
DISTRIBUTION - OPERATIO	$1,494,811	$1,494,811

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	-$6,700,228	TotalAmt
Program Services	-$6,700,228	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$85,978,289	TotalAmt
Program Services	$85,978,289	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$639,217	BOYAmt
EOY	$557,185	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,568,375	BOYAmt
EOY	$1,389,672	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$2,206,665	BOYAmt
EOY	$2,210,015	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$354,602	BOYAmt
EOY	$321,356	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$201,822,167	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$63,778,362	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$134,119,353	BOYAmt
EOY	$138,043,805	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$64,500,527	BOYAmt
EOY	$67,176,807	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$2,195,116	BOYAmt
EOY	$2,133,738	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$206,583,855	BOYAmt
EOY	$211,832,578	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$6,255,010	BOYAmt
EOY	$4,407,062	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$53,609,582	BOYAmt
EOY	$50,672,504	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$26,142,476	BOYAmt
EOY	$32,024,522	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$86,007,068	BOYAmt
EOY	$87,104,088	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$93,790	BOYAmt
EOY	$93,790	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$935,961	BOYAmt
EOY	$881,457	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$119,547,036	BOYAmt
EOY	$123,753,243	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$120,576,787	BOYAmt
EOY	$124,728,490	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$206,583,855	BOYAmt
EOY	$211,832,578	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$0	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$4,151,703	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$515,184	InvestmentCostOrOtherBasisAmt
Book Value	$515,184	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$14,841,121	InvestmentCostOrOtherBasisAmt
Depreciation	$1,961,198	DepreciationAmt
Book Value	$12,879,923	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$186,465,862	InvestmentCostOrOtherBasisAmt
Depreciation	$61,817,164	DepreciationAmt
Book Value	$124,648,698	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$138,043,805	TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (8 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
INVEST ASSOC ORG SIPC PATRONAGE	$62,365,693	C
INVEST ASSOC ORG NRUCFC PAT CAP	$2,012,592	C
INVEST ASSOC. ORG MISC PAT CAP	$770,200	C
INVEST ASSOC-SUBCRIBE TO NRUCFC	$1,326,693	C
INVEST. ASSOC.-NRUCFC LOAN CTC'S	$674,874	C
INVEST ASSOC ORG-MEMBERSHIPS	$6,700	C
OTH INVESTMENTS-SOUTHERN SERVICE	$11,558	C
OTHER INVESTMENTS	$8,497	C

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$67,176,807	TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)

DescDesc	AmtAmt
ACCRUED EXPENSES	$1,481,458
CONSUMER DEPOSITS	$1,315,324
OTHER DEFERRED CREDITS	$284,205
POSTRETIREMENT BENEFIT OBLIGATION	$12,218,387
SHORT TERM PAYABLE	$7,497,794
DEFERRED POWER BILL CREDIT	$6,463,557
DEFERRED CREDITS-ELEC PREPAYMENT	$2,763,797

Field	Value	IRS element (for citing)
Total Liability	$32,024,522	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$85,978,289	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$85,978,289	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$85,978,289	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$80,230,139	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$80,230,139	ExpensesSubtotalAmt
Other Expenses Not Included	$5,748,150	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$5,748,150	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$85,978,289	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART XII, LINE 4B - OTHER ADJUSTMENTS:	CURRENT YEAR NET MARGINS
FORM 990, SCHEDULE D, PART XII, LINE 4B	$5,748,150 IN NET MARGINS FOR THE YEAR ARE CONSIDERED BENEFITS FOR MEMBERS.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DUSTIN TRIPP
PRESIDENT & CEO	$353,393	$0	$0	$0	$9,764	$0	$136,271	$0	$45,040	$0	$544,468	$0	$0	$0
GREGORY CRUSE
CFO	$192,522	$0	$0	$0	$5,602	$0	$86,647	$0	$37,181	$0	$321,952	$0	$0	$0
JEFF CRISP
MGR ROW	$164,347	$0	$0	$0	$2,410	$0	$75,897	$0	$35,475	$0	$278,129	$0	$0	$0
WILLIAM SWEAT
ASST OP MGR	$146,386	$0	$0	$0	$4,486	$0	$69,626	$0	$33,788	$0	$254,286	$0	$0	$0
JEFFREY NEUMAN
ASST OP MGR	$145,407	$0	$0	$0	$1,172	$0	$69,626	$0	$34,005	$0	$250,210	$0	$0	$0
TRAVIS JONES
ENGINEERING MGR	$115,196	$0	$0	$0	$7,921	$0	$56,892	$0	$31,486	$0	$211,495	$0	$0	$0
JAMES GENET
UTILITY SERVICEMAN	$135,659	$0	$0	$0	$0	$0	$38,504	$0	$28,719	$0	$202,882	$0	$0	$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	MUST BE A MEMBER TO RECEIVE ELECTRIC SERVICE. EACH MEMBER HAS 1 VOTE. MAY HAVE MORE THAN 1 SERVICE PER MEMBERSHIP.
FORM 990, PART VI, SECTION A, LINE 7A	TRUSTEES ARE ELECTED BY THE MEMBERSHIP.
FORM 990, PART VI, SECTION A, LINE 7B	BYLAW AMENDMENTS REQUIRE MEMBERSHIP APPROVAL.
FORM 990, PART VI, SECTION B, LINE 11B	TRUSTEES ARE FURNISHED A DRAFT COPY TO REVIEW PRIOR TO FILING. MAY MAKE INQUIRIES OF INFORMATION CONTAINED IN THE FILING. ADDITIONALLY, TRUSTEES MEET WITH THE INDEPENDENT AUDITOR IN A CLOSED SESSION AND ARE ABLE TO ASK QUESTIONS AT THAT TIME.
FORM 990, PART VI, SECTION B, LINE 12C	ANNUAL INTERNAL REVIEW
FORM 990, PART VI, SECTION B, LINE 15	NON-BARGAINING EMPLOYEES- WAGES AND SALARY PLAN HAS BEEN DEVELOPED BASED ON STATE, REGIONAL, AND NATIONAL SURVEY OF ELECTRIC COOPERATIVES. WAGES BASED ON JOB CLASSIFICATIONS AND RESPONSIBILITIES. BARGAINING EMPLOYEES- BASED ON CONTRACT NEGOTIATIONS.
FORM 990, PART VI, SECTION C, LINE 19	BYLAWS AND ANNUAL FINANCIAL STATEMENTS ARE GIVEN TO EACH MEMBER ON ANNUAL BASIS. EACH YEAR ANNUAL MEETING OF MEMBERS IS HELD.
FORM 990, PART XI, LINE 9:	REFUND OF CAPITAL CREDITS -2,024,216. OTHER EQUITIES 482,273. MARGINS ALLOCATED TO MEMBERS 5,748,150. POST RETIREMENT BENEFIT - OTHER COMPREHENSIVE INCOME -54,504.