SOUTH ALABAMA ELECTRIC COOPERATIVE: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: SOUTH ALABAMA ELECTRIC COOPERATIVE (EIN 63-0193841)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-07-21
IRS object ID: 202242029349300509
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	2022-07-21T09:06:58-05:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	631035228	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Jackson Thornton & Co PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 96	AddressLine1Txt
City	Montgomery	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	361010096	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	630193841	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	South Alabama Electric Cooperative	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	SOUT	BusinessNameControlTxt
Phone	3345662060	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 449	AddressLine1Txt
City	Troy	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	36081	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	David Bailey	PersonNm
Person Title	General Manager	PersonTitleTxt
Phone	3345662060	PhoneNum
Signature	2022-07-19	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	David	PersonFirstNm
Person Last	Bailey	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Patrick Cooper	PreparerPersonNm
PTIN	P00856177	PTIN
Phone	3348347660	PhoneNum
Preparation	2022-07-18	PreparationDt

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	David Bailey	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 449	AddressLine1Txt
City	Troy	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	36081	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$49,730,295	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	www.southaec.com	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1937	FormationYr
Legal Domicile State	AL	LegalDomicileStateCd
Activity Or Mission	To provide electric utility service to cooperative members.	ActivityOrMissionDesc
Voting Members Governing Body	8	VotingMembersGoverningBodyCnt
Voting Members Independent	8	VotingMembersIndependentCnt
Total Employee	57	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$44,560,124	PYProgramServiceRevenueAmt
CY Program Service Revenue	$45,877,293	CYProgramServiceRevenueAmt
PY Investment Income	$976,162	PYInvestmentIncomeAmt
CY Investment Income	$3,025,114	CYInvestmentIncomeAmt
PY Other Revenue	$624,672	PYOtherRevenueAmt
CY Other Revenue	$380,206	CYOtherRevenueAmt
PY Total Revenue	$46,160,958	PYTotalRevenueAmt
CY Total Revenue	$49,282,613	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$5,928,970	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$4,403,842	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$454,045	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$545,658	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$39,543,422	PYOtherExpensesAmt
CY Other Expenses	$44,333,113	CYOtherExpensesAmt
PY Total Expenses	$45,926,437	PYTotalExpensesAmt
CY Total Expenses	$49,282,613	CYTotalExpensesAmt
PY Revenues Less Expenses	$234,521	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$0	CYRevenuesLessExpensesAmt
Total Assets BOY	$154,415,013	TotalAssetsBOYAmt
Total Assets EOY	$170,308,337	TotalAssetsEOYAmt
Total Liabilities BOY	$85,885,413	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$98,697,244	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$68,529,600	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$71,611,093	NetAssetsOrFundBalancesEOYAmt
Mission	The aim of South Alabama Electric Cooperative is to provide reliable, quality, electric energy and related services to meet the needs of our diverse consumer base at the lowest possible cost consistent with sound economy and good management.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	Utilizing approximately 2,821 miles of distribution lines, South Alabama Electric Cooperative provided 378,920,416 Kilowatt-Hours of electric energy to its members located in the southern region of Alabama.	Desc
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	0	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	24	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	57	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	$45,159,544	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$2,005,461	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	8	GoverningBodyVotingMembersCnt
Independent Voting Member	8	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

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	David Bailey	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3345662060	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	13192 Hwy 231 South	AddressLine1Txt
City	Troy	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	36081	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
BF
Trustee	10.00	Yes (X)	$32,235	$0	$0
CRT
Trustee	7.00	Yes (X)	$27,785	$0	$0
DK
Trustee	9.00	Yes (X)	$29,120	$0	$0	Yes (X)
JG
Trustee	10.00	Yes (X)	$30,900	$0	$0
JHM
Trustee	9.00	Yes (X)	$27,785	$0	$0
JRS
Trustee	10.00	Yes (X)	$26,895	$0	$0	Yes (X)
NDG
Trustee	7.00	Yes (X)	$13,965	$0	$0	Yes (X)
TS
Trustee	8.00	Yes (X)	$23,175	$0	$0
LRI
General Manager	40.00		$252,308	$0	$81,490	Yes (X)
FSC
Employee	40.00		$121,762	$0	$57,788		Yes (X)
HMR
Employee	40.00		$123,459	$0	$50,855		Yes (X)
ES
Employee	40.00		$115,393	$0	$47,192		Yes (X)
OHN
Employee	44.00		$121,502	$0	$38,223		Yes (X)
WWW
Employee	40.00		$169,657	$0	$58,907		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,115,941	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$334,455	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	15	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
Bailey Harris Construction
PO Box 490	Auburn	AL	36831	Construction of headquarters	$5,314,162
Jackson Line Clearing Inc
PO Box 769	Bowdon	GA	30108	Right of way clearing	$1,601,762
Pro Sound Inc
1375 NE 123 Street	Miami	FL	33161	Audio, video, and data cabling	$496,835
Troy Cablevision Inc
PO Box 1228	Troy	AL	36081	Security for headquarters	$253,150
Kings Table Powerline Service Inc
PO Box 425	Ariton	AL	36311	Construction	$239,775

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	6	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Sales of Electricity	221000	$45,159,544	$45,159,544
Patronage Capital	221000	$717,749	$717,749

Field	Value	IRS element (for citing)
Total Program Service Revenue	$45,877,293	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,002,732	TotalRevenueColumnAmt
Exclusion	$3,002,732	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Personal	$328,537	PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Personal	$0	PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Personal	$328,537	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$328,537	TotalRevenueColumnAmt
Exclusion	$328,537	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$470,064	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$447,682	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	$22,382	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$22,382	TotalRevenueColumnAmt
Exclusion	$22,382	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Non-operating Income	221000	$29,509	$29,509
Contract Revenue	221000	$22,160	$22,160

Field	Value	IRS element (for citing)
Other Revenue Total	$51,669	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$49,282,613	TotalRevenueColumnAmt
Related Or Exempt Func Income	$45,928,962	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$3,353,651	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$4,403,842	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$545,658	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,481,099	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$3,729,986	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
Cost of Power	$27,536,161
Admin & Gen Expense	$3,403,411
Dist Exp - Maintenance	$2,970,466
Dist Exp - Operation	$2,488,668

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,723,322	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$49,282,613	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$903,197	BOYAmt
EOY	$1,713,908	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$947,267	BOYAmt
EOY	$284,129	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$5,007,992	BOYAmt
EOY	$4,276,070	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$659,817	BOYAmt
EOY	$577,364	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$195,056	BOYAmt
EOY	$265,067	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$132,863,523	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$17,797,352	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$108,297,422	BOYAmt
EOY	$115,066,171	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$14,598,308	BOYAmt
EOY	$23,321,927	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$22,701,664	BOYAmt
EOY	$22,611,860	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$1,104,290	BOYAmt
EOY	$2,191,841	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$154,415,013	BOYAmt
EOY	$170,308,337	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$6,588,006	BOYAmt
EOY	$6,318,118	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$75,381,713	BOYAmt
EOY	$88,387,612	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$3,915,694	BOYAmt
EOY	$3,991,514	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$85,885,413	BOYAmt
EOY	$98,697,244	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	$87,032	BOYAmt
EOY	$88,417	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$68,442,568	BOYAmt
EOY	$71,522,676	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$68,529,600	BOYAmt
EOY	$71,611,093	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$154,415,013	BOYAmt
EOY	$170,308,337	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	$3,081,493	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$527,158	OtherCostOrOtherBasisAmt
Book Value	$527,158	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$188,025	OtherCostOrOtherBasisAmt
Depreciation	$151,802	DepreciationAmt
Book Value	$36,223	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$132,148,340	OtherCostOrOtherBasisAmt
Depreciation	$17,645,550	DepreciationAmt
Book Value	$114,502,790	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$115,066,171	TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (10 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
Patronage Capital - PowerSouth Energy Cooperative	$16,025,825	C
Patronage Capital - United Utility	$3,585	C
Patronage Capital - NRUCFC	$323,854	C
Patronage Capital - Gresco Utility Supply	$296,880	C
Investment in CoBank	$246,841	C
Capital Term Certificates - CFC	$632,149	C
Other Investments in Associated Organizations	$543,101	C
Investments in Economic Development Projects	$3,702,416	C
ERC Loan	$418,703	C
Fort Rucker ECM	$418,506	C

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$22,611,860	TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
Consumer Deposits	$891,987
Accumulated Provision for Pensions	$1,025,893
Rural Development Grants	$2,073,634

Field	Value	IRS element (for citing)
Total Liability	$3,991,514	TotalLiabilityAmt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
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 (6 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
LRI
General Manager	$239,115	$0	$0	$0	$13,193	$0	$47,481	$0	$34,009	$0	$333,798	$0	$0	$0
WWW
Employee	$166,948	$0	$0	$0	$2,709	$0	$30,673	$0	$28,234	$0	$228,564	$0	$0	$0
FSC
Employee	$121,762	$0	$0	$0	$0	$0	$37,277	$0	$20,511	$0	$179,550	$0	$0	$0
HMR
Employee	$121,875	$0	$0	$0	$1,584	$0	$23,837	$0	$27,018	$0	$174,314	$0	$0	$0
ES
Employee	$115,061	$0	$0	$0	$332	$0	$24,617	$0	$22,575	$0	$162,585	$0	$0	$0
OHN
Employee	$118,555	$0	$0	$0	$2,947	$0	$18,226	$0	$19,997	$0	$159,725	$0	$0	$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section A, line 6	South Alabama Electric Cooperative operates on the cooperative basis having members with equal voting rights and who are assigned margins in accordance with the cooperative's bylaws.
Form 990, Part VI, Section A, line 7a	The members of South Alabama Electric Cooperative may elect the members of its governing body at its annual meeting provided that a quorum is present.
Form 990, Part VI, Section A, line 7b	The membership must approve decisions that involve substantial transfers of cooperative assets, amendments to the cooperative's bylaws, as well as other decisions requiring approval of the membership by law, the articles of incorporation, and/or the cooperative's bylaws.
Form 990, Part VI, Section B, line 11b	The Form 990 was reviewed by management before it was presented to the board. The external accountant who assisted management in the preparation of the Form 990 conducted a formal review of the Form 990 with the Trustees at the monthly board meeting before the Form 990 was filed.
Form 990, Part VI, Section B, line 12c	Officers and Trustees are required to disclose annually any conflicts of interest on a questionnaire.
Form 990, Part VI, Section B, line 15	The General Manager reviews the complete wage and salary for all employees, which the board approves. Then, the board reviews the General Manager's compensation package and approves or makes changes to the plan.
Form 990, Part VI, Section C, line 19	The cooperative's governing documents, conflict of interest policy, and financial statements are available to the public upon request at its main office in Troy, Alabama.
Form 990, Part VII	South Alabama Electric Cooperative is concerned with the privacy issues of its employees and trustees. With this concern, the cooperative has chosen to use initials to protect the identity of its employees and trustees. The actual names will be made available to the public upon request.
Form 990, Part IX, Line 4	The instructions to the Form 990 indicate that organizations exempt under Section 501(c)(12) should report patronage dividends paid to their members in Part IX, Line 4 of the Form 990. South Alabama Electric Cooperative has interpreted the words "patronage dividends paid" in the instructions to mean margins that are assigned or assignable to the members. South Alabama Electric Cooperative assigns the net margins to its members. Therefore, the amount listed in Part IX, Line 4 represents the current year net margins assigned to the members.
Form 990, Part XI, line 9:	Increase in memberships 1,385. Retirement of capital credits -1,300,024. Net margins assigned to members - reported in Part IX, Line 4 4,403,842. Gain on retirements 210,813. Investment adjustment -234,523.
Form 990, Part XII, Line 2	South Alabama Electric Cooperative's financial statement year end differs from its tax year end. The cooperative receives audited financial statements on an annual basis for the year ended March 31st.