CUMBERLAND ELECTRIC MEMBERSHIP CORP: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- CUMBERLAND ELECTRIC MEMBERSHIP CORP (EIN 62-0174870)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2022-11-14
- IRS object ID
- 202203189349304225
- Schema version
- 2021v4.1
- 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 | 2022-11-14T07:39:00-08:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 620811623 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STONE RUDOLPH & HENRY PLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 124 CENTER POINTE DRIVE | AddressLine1Txt |
| City | CLARKSVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37040 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620174870 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CUMBERLAND ELECTRIC | BusinessNameLine1Txt |
| Business Name Line2 | MEMBERSHIP CORPORATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CUMB | BusinessNameControlTxt |
| Phone | 9316452481 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 3300 | AddressLine1Txt |
| City | CLARKSVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37043 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRISTOPHER DAVIS | PersonNm |
| Person Title | GENERAL MANAGER | PersonTitleTxt |
| Signature | 2022-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CHRISTOPHER | PersonFirstNm |
| Person Last | DAVIS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Thomas M Henry | PreparerPersonNm |
| PTIN | P00184260 | PTIN |
| Phone | 9316484786 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 3300 | AddressLine1Txt |
| City | CLARKSVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37043 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $327,722,843 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.cemc.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1938 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | ELECTRIC AND TELECOMMUNICATIONS COOPERATIVE | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 307 | TotalEmployeeCnt |
| Total Gross UBI | $540,493 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $288,200,611 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $321,847,235 | CYProgramServiceRevenueAmt |
| PY Investment Income | $117,784 | PYInvestmentIncomeAmt |
| CY Investment Income | $169,187 | CYInvestmentIncomeAmt |
| PY Other Revenue | $5,587,493 | PYOtherRevenueAmt |
| CY Other Revenue | $5,706,421 | CYOtherRevenueAmt |
| PY Total Revenue | $293,905,888 | PYTotalRevenueAmt |
| CY Total Revenue | $327,722,843 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $36,794,084 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $40,593,478 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $244,313,922 | PYOtherExpensesAmt |
| CY Other Expenses | $271,832,097 | CYOtherExpensesAmt |
| PY Total Expenses | $281,108,006 | PYTotalExpensesAmt |
| CY Total Expenses | $312,425,575 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $12,797,882 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $15,297,268 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $494,919,733 | TotalAssetsBOYAmt |
| Total Assets EOY | $559,882,187 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $274,145,654 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $323,787,132 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $220,774,079 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $236,095,055 | NetAssetsOrFundBalancesEOYAmt |
| Mission | ELECTRIC AND TELECOMMUNICATIONS COOPERATIVE | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $309,316,807 | ExpenseAmt |
| Revenue | $321,847,235 | RevenueAmt |
| Desc | WE PROVIDE ELECTRIC SERVICE AND TELECOMMUNICATION SERVICES TO OUR MEMBERS IN THE MIDDLE TENNESSEE AREA. WE HAD 109,017 MEMBERS AT JUNE 30, 2022. | Desc |
| Total Program Service Expenses | $309,316,807 | TotalProgramServiceExpensesAmt |
| 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 | false | 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 | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 228 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | false | BackupWthldComplianceInd |
| Employee | 307 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 | $321,847,235 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $5,875,608 | 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 | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | 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 | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CEMC | PersonNm |
| Phone | 9316452481 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1940 MADISON STREET | AddressLine1Txt |
| City | CLARKSVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37043 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| CHRISTOPHER DAVIS | |||||||
| GENERAL MANAGER | 48.00 | 0.00 | Yes (X) | $240,053 | $0 | $327,441 | |
| ANNEBELLE PITTENGER | |||||||
| MGR, ADMIN DIV | 43.00 | 0.00 | $160,226 | $0 | $157,013 | ||
| WILLIAM ABERNATHY | |||||||
| MGR, OPER DIV | 47.00 | 0.00 | $169,197 | $0 | $147,503 | ||
| MARK COOK | |||||||
| MANAGER, BROAD DIV | 48.00 | 0.00 | $176,573 | $0 | $133,475 | ||
| MICHAEL BLACKWELL | |||||||
| MGR. DISTRICT OPS | 45.00 | 0.00 | $141,075 | $0 | $148,369 | ||
| MICHAEL BATSON | |||||||
| Controller | 40.00 | 0.00 | Yes (X) | $139,463 | $0 | $90,180 | |
| JONATHAN FIELDER | |||||||
| MGR OF ENGINEERING | 43.00 | 0.00 | $147,282 | $0 | $67,643 | ||
| BRAD TAYLOR | |||||||
| MANAGER FIN SVC | 41.00 | 0.00 | Yes (X) | $144,205 | $0 | $65,748 | |
| SHELA K WILLIAMS | |||||||
| SEC/TREASURER | 15.00 | 0.00 | $22,450 | $0 | $0 | Yes (X) | |
| WESLEY H AYMETT | |||||||
| Vice President | 15.00 | 0.00 | Yes (X) | $20,750 | $0 | $0 | Yes (X) |
| TOMMY G WHITTAKER | |||||||
| President | 10.00 | 0.00 | Yes (X) | $20,300 | $0 | $0 | Yes (X) |
| DR K JEAN BEAUCHAMP | |||||||
| ASSIST SEC/TREA | 8.00 | 0.00 | Yes (X) | $18,676 | $0 | $0 | Yes (X) |
| EDWARD OLIVER | |||||||
| Director | 6.00 | 0.00 | $18,650 | $0 | $0 | Yes (X) | |
| MICHAEL A MASON | |||||||
| Director | 12.00 | 0.00 | $18,300 | $0 | $0 | Yes (X) | |
| CHARLES D MORGAN | |||||||
| Director | 10.00 | 0.00 | $17,400 | $0 | $0 | Yes (X) | |
| BRYAN WATSON | |||||||
| Director | 6.00 | 0.00 | $16,800 | $0 | $0 | Yes (X) | |
| CHARLIE R HANCOCK | |||||||
| Director | 8.00 | 0.00 | $13,300 | $0 | $0 | Yes (X) | |
| EDGAR EARL SWAN | |||||||
| Director | 15.00 | 0.00 | $9,300 | $0 | $0 | Yes (X) | |
| JOE H WHITAKER | |||||||
| Director | 3.20 | 0.00 | $6,000 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,500,000 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $1,137,372 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | 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 |
|---|---|---|---|---|---|
| A & G TREE SERVICE | |||||
| 2017 S ENGLISH STREET | LEITCHFIELD | KY | 42754 | RIGHT OF WAY CLEARNG | $6,705,298 |
| ERIVN CABLE CONSTRUCTION LLC | |||||
| 450 PRYOR BLVD | STURGIS | KY | 42459 | CONSTRUCTION CONTRACTOR | $15,107,654 |
| STUART C IRBY CO | |||||
| PO BOX 741001 | ATLANTA | GA | 30384 | MATERIALS | $10,902,662 |
| TECHLINE INC | |||||
| PO BOX 674005 | DALLAS | TX | 75267 | MATERIALS | $10,123,710 |
| MDR CONSTRUCTION | |||||
| 621 EAST BAYLIS CHAPEL RD | COLUMBIA | MS | 39429 | CONSTRUCTION CONTRACTOR | $6,951,207 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 98 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ELECT AND TELECOM REVENUE | Desc |
| Business | 221000 | BusinessCd |
| Total Revenue Column | $321,847,235 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $321,847,235 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $321,847,235 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $169,187 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $169,187 | RelatedOrExemptFuncIncomeAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| DIELECTRIC TESTING INCOME | 541380 | $540,493 | $540,493 | |
| POLE RENTAL INCOME | 531190 | $5,165,928 | $5,165,928 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $5,706,421 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $327,722,843 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $322,016,422 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $540,493 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,165,928 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $877,615 | TotalAmt |
| Program Services | $877,615 | ProgramServicesAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,028,204 | TotalAmt |
| Program Services | $26,028,204 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,208,565 | TotalAmt |
| Program Services | $6,208,565 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,469,758 | TotalAmt |
| Program Services | $5,469,758 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,009,336 | TotalAmt |
| Program Services | $2,009,336 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,488,033 | TotalAmt |
| Program Services | $2,488,033 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,870,201 | TotalAmt |
| Program Services | $5,870,201 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,119,168 | TotalAmt |
| Program Services | $19,119,168 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| COST OF POWER | $217,924,360 | $217,924,360 | |
| DISTRIBUTION EXP - MAINTENANCE | $8,250,857 | $8,250,857 | |
| DISTRIBUTION EXP - OPERATIONS | $7,641,316 | $7,641,316 | |
| ADMINISTRATIVE | $3,108,768 | $3,108,768 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,429,394 | TotalAmt |
| Program Services | $7,429,394 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $312,425,575 | TotalAmt |
| Program Services | $309,316,807 | ProgramServicesAmt |
| Management And General | $3,108,768 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,569,870 | BOYAmt |
| EOY | $2,104,740 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $36,050,000 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,132,595 | BOYAmt |
| EOY | $33,668,334 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,868,360 | BOYAmt |
| EOY | $12,620,400 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,457,972 | BOYAmt |
| EOY | $43,030,310 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $614,369,379 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $194,760,179 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $370,901,747 | BOYAmt |
| EOY | $419,609,200 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,310,059 | BOYAmt |
| EOY | $2,305,433 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,679,130 | BOYAmt |
| EOY | $10,493,770 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $494,919,733 | BOYAmt |
| EOY | $559,882,187 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,136,176 | BOYAmt |
| EOY | $51,916,103 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $207,006,869 | BOYAmt |
| EOY | $249,917,709 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,002,609 | BOYAmt |
| EOY | $21,953,320 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $274,145,654 | BOYAmt |
| EOY | $323,787,132 | 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 | $1,009,850 | BOYAmt |
| EOY | $1,033,560 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $219,764,229 | BOYAmt |
| EOY | $235,061,495 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $220,774,079 | BOYAmt |
| EOY | $236,095,055 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $494,919,733 | BOYAmt |
| EOY | $559,882,187 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $15,297,268 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $23,708 | 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 | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,218,086 | OtherCostOrOtherBasisAmt |
| Book Value | $5,218,086 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $20,713,565 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,588,692 | DepreciationAmt |
| Book Value | $15,124,873 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $588,437,728 | OtherCostOrOtherBasisAmt |
| Depreciation | $189,171,487 | DepreciationAmt |
| Book Value | $399,266,241 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $419,609,200 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Accrued Compensated Absences | $3,519,837 |
| Accrued Post-Retirement Benefits | $9,371,734 |
| Customer Deposits | $6,266,452 |
| TVA Conservation Loan Advances | $2,795,297 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $21,953,320 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $327,722,843 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $327,722,843 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $327,722,843 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $312,425,575 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $312,425,575 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $312,425,575 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| ANNEBELLE PITTENGER | ||||
| MGR, ADMIN DIV | $160,226 | $136,882 | $20,131 | $317,239 |
| BRAD TAYLOR | ||||
| MANAGER FIN SVC | $144,205 | $39,055 | $26,693 | $209,953 |
| CHRISTOPHER DAVIS | ||||
| GENERAL MANAGER | $240,053 | $300,748 | $26,693 | $567,494 |
| JONATHAN FIELDER | ||||
| MGR OF ENGINEERING | $147,282 | $40,951 | $26,692 | $214,925 |
| MARK COOK | ||||
| MANAGER, BROAD DIV | $176,573 | $106,783 | $26,692 | $310,048 |
| MICHAEL BATSON | ||||
| Controller | $139,463 | $63,487 | $26,693 | $229,643 |
| MICHAEL BLACKWELL | ||||
| MGR. DISTRICT OPS | $141,075 | $121,677 | $26,692 | $289,444 |
| WILLIAM ABERNATHY | ||||
| MGR, OPER DIV | $169,197 | $120,810 | $26,693 | $316,700 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | EVERY PERSON RECEIVING SERVICE IS REQUIRED TO BE A MEMBER OF THE COOPERATIVE. |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | MEMBERS VOTE TO ELECT THE BOARD OF DIRECTORS ANNUALLY AS WELL AS OTHER BUSINESS THAT MAY COME BEFORE THEM. MEMBERS CAN ALSO VOTE FOR DISSOLUTION OF THE COOPERATIVE. VOTING IS HELD WITHIN THE SERVICE AREA OF THE COOPERATIVE AT AN ANNUAL MEETING. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | NOMINATION OF DIRECTORS, CHANGES TO BYLAWS, AND DISSOLUTION OF THE COOPERATIVE ARE SUBJECT TO APPROVAL BY THE MEMBERS. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | THE 990 IS REVIEWED BY THE MANAGER OF FINANCIAL SERVICES AND CONTROLLER. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH THE BOARD OF DIRECTORS ANNUALLY AT A MONTHLY BOARD MEETING. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | Cumberland EMC contracted with Cooperative Benefits & Financial Services in the fall of 2005 to update its thirty year old compensation program. The new plan was designed to focus on Internal Equity and External Competitiveness.Internal equity focuses on fair and impartial rankings of positions based on work done within the department ("equal pay for equal work"), which addresses legal equity. Employees who perform similar work with similar requirements are provided with similar wage and salary opportunities.External competitiveness assures that positions within the cooperative are priced at a rate competitive with comparable work done under similar conditions in the utility industry.The compensation plan uses a point factor system to evaluate the non-bargaining unit positions within the organization to establish the internal equity of the organization. These factors consider the areas of Job Knowledge, Leadership, Organizational Impact, Complexity, and Communication required for each position. The internal values are then merged with external salary-survey information to build the compensation model unique to the organization. The model is then used to calculate salary range midpoints, which are both internally equitable and externally competitive. Working with the compensation consultant, an evaluation committee comprised of senior staff evaluated the positions. Each position was allocated points based on the level of each factor described in the job description. The sum of the points for all five factors determined a total point value for each position and provided a systematic and equitable method of ranking positions according to their relative value to the company.The consultant used a polynomial regression model to merge point values of selected benchmark positions with external salary survey data to construct an external market model and reference point. "Benchmark positions" (market identifiers) were selected by comparing job responsibilities performed at Cumberland EMC with those described in the salary survey data. When there was an appropriate "match" in duties, the position was selected as a benchmark position and included into the compensation model. The external data was taken from the National Rural Electric Cooperative Association's National Compensation Survey (NCS). NCS provides information for approximately 80 positions from cooperative distribution systems located throughout the United States. Over 700 systems contribute to this non-voluntary annual survey (values are used for calculating group benefit premiums), which report actual salaries. Employees are normally brought into the plan at the minimum value for the grade of the position and receive an annual "performance/merit" increase, in addition to an annual cost-of-living increase, until the market value (mid-point) of the grade is reached. The plan is updated annually by the consultant using the most recent data from the NCS. On average, it takes approximately five to seven years for a senior staff employee to reach the market value (mid-point).The NCS is also used to determine the annual salary for the Cooperative's General Manager. The Manager, Administrative Division reviews the National, Regional, and State data from the survey with the Board of Directors. The Board of Directors establishes the salary based on the data from the survey, in addition to the annual performance of the General Manager. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | The bylaws are available on-line and the conflict of interest policy and financial statements are available by request. |
| Other Changes In Net Assets Or Fund Balances - Other Increases | INCREASE IN MEMBERSHIPS = $23708 |