2022-11-08T09:18:54-06:00 2022-06-30 631035228 Jackson Thornton & Co PC PO Box 96 Montgomery AL 361010096 990 2021-07-01 630052772 Cullman Electric Cooperative CULL 2567373200 PO Box 1168 Cullman AL 350561168 Tim Culpepper CEO 2567373200 2022-11-02 1 Tim Culpepper 999009999 Patrick Cooper P00856177 3348347660 2022-11-02 0 AAL1 IAL1 2021 2022-09-23 18:48:47Z Tim Culpepper PO Box 1168 Cullman AL 350561168 129698192 0 X www.cullmanec.com X 1936 AL Cullman Electric Cooperative's mission is to provide electric service to its members. 9 9 121 0 2933975 194951 0 0 115161555 125077678 190300 374387 3806610 4246127 119158465 129698192 0 0 0 5324323 7202369 794723 0 0 0 107010969 123579146 114213338 129698192 4945127 0 231310688 256114342 107648142 127013880 123662546 129100462 Cullman Electric Cooperative's mission is to provide electric service to its members located in four North Alabama counties while adhering to the following values: commitment, accountability, reliability, and effeciency. 0 0 120584384 To provide electric service and related services to members. 120584384 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 82 0 1 121 1 1 1 0 0 0 0 122143703 4992772 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X Jerry Weathersby 2567373200 1749 Eva Road NE Cullman AL 35055 Robert Tidwell Chairperson 2.00 X 20830 0 0 James Fields Vice Chairperson 3.00 X 20230 0 0 Chad Alexander Treasurer 2.00 X 20230 0 0 Lynda Carter Secretary 4.00 X 20230 0 0 Sheila Sizemore Trustee 2.00 X 20230 0 0 Daryl Calvert Trustee 2.00 X 20230 0 0 Phillip Garrison Trustee 2.00 X 20230 0 0 Lisa Weeks Trustee 1.00 X 20230 0 0 David Hembree Trustee 5.00 X 20230 0 0 Tim Culpepper CEO 45.00 X 268305 0 87867 Jerry Weathersby CFO 45.00 X 194303 0 61578 Justin Lee Manager of Engineering and Tech. 50.00 X 151454 0 27531 Daniel Stricklin Manager of Information Services 45.00 X 140109 0 51759 Wade Yarbrough Manager of Operations 50.00 X 139829 0 103269 Steve Link Lineman 47.00 X 136968 0 33181 Terry Graham Manager of Energy Services 40.00 X 134749 0 52271 1348387 0 417456 40 0 1 0 Davey Tree Expert Company 1500 North Mantua Street Kent OH 44240 Right of Way Clearing 1223894 Corbitt Power & Light LLC PO Box 2368 Albertville AL 35950 Overhead Utility Construction 653693 Utility Lines Construction Services Inc 617 North 13th Street Birmingham AL 35203 Underground Utility Construction 571864 Clyde Hooten & Sons Construction Inc 8920 AL Highway 69N Cullman AL 35058 Substation Site Preparation 405265 Pittman's Tree & Landscaping Inc PO Box 531 Front Royal VA 22630 Right of Way Clearing 399183 11 Service Revenue 221000 122143703 122143703 Broadband 517000 1782258 1782258 Billing Collection 561000 1151717 1151717 125077678 374387 272150 102237 2459480 0 2459480 2459480 2459480 Miscellaneous Revenue 900099 1786647 1786647 1786647 129698192 124202500 2933975 2561717 X 5324323 794723 2127599 9113808 Cost of Power 85057846 Administrative General 8165019 Distribution - Maintanc 7486396 Taxes 4486213 7142265 129698192 1609291 10003471 18122016 11315317 13453352 11473100 2917646 1984755 6610860 5944969 2305244 6510737 310926680 103142728 185993196 207783952 43243 253348 299083 801450 231310688 256114342 22688819 28481890 78633814 98526884 6325509 5106 107648142 127013880 X 181080 183825 0 200000 123481466 128716637 123662546 129100462 231310688 256114342 X 0 5437916 X 0 1 X 1 0 1933674 1933674 10279898 5057810 5222088 298713108 98084918 200628190 207783952 5106 5106 X Part X, Line 2: Income taxes - The Cooperative is exempt from income taxes under Section 501(c)(12) of the Internal Revenue Code. However, in any given year, if the Cooperative receives less than 85.0% of its total revenues from member services for purposes of the member income test under Section 501(c)(12), the Cooperative loses its tax-exempt status for that year. With few exceptions, the Cooperative is no longer subject to income tax examinations by the federal, state, or local tax authorities for the years before 2017. Management evaluated the Cooperative's tax positions and concluded that the Cooperative had taken no uncertain tax positions that require adjustment to the financial statements. X X X 0 0 0 Tim Culpepper CEO 268305 0 0 0 0 0 84752 0 3115 0 356172 0 0 0 Jerry Weathersby CFO 194303 0 0 0 0 0 59166 0 2412 0 255881 0 0 0 Wade Yarbrough Manager of Operations 139829 0 0 0 0 0 101544 0 1725 0 243098 0 0 0 Daniel Stricklin Manager of Information Services 140109 0 0 0 0 0 49853 0 1906 0 191868 0 0 0 Terry Graham Manager of Energy Services 134749 0 0 0 0 0 50593 0 1678 0 187020 0 0 0 Justin Lee Manager of Engineering and Tech. 151454 0 0 0 0 0 25772 0 1759 0 178985 0 0 0 Steve Link Lineman 136968 0 0 0 0 0 31796 0 1385 0 170149 0 0 0 Form 990, Part VI, Section A, line 6 Cullman Electric Cooperative is a not-for-profit membership organization whose members have identical voting rights and are assigned margins in accordance with the corporation's bylaws. Form 990, Part VI, Section A, line 7a Members have the right to elect the board of trustees. 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 Organization's process is to review the form 990 after the form 990 is prepared. The chief financial officer and the controller then perform the initial review. The cooperative's CEO reviews the report. The cooperative's governing board is then provided a copy of the report and reviews the report at a regular board meeting. Form 990, Part VI, Section B, line 12c A copy of the conflict of interest policy and a questionaire is provided annually to all trustees, applicable management team members and selected employees to be returned to the CEO or executive committee of the board of trustees. Form 990, Part VI, Section B, line 15a The board of trustees evaluates the performance of the CEO annually. During this time compensation is reviewed and the board, acting as the compensation committee, makes their recommendation. Form 990, Part VI, Section C, line 19 Bylaws are available for review at www.cullmanec.com/Rates, Fees and Regulations; all other documents are available upon request at 1749 Eva Road NE, Cullman, AL. 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. Cullman Electric Cooperative has interpreted the words "patronage dividends paid" in the instructions to mean margins that are assigned or assignable to the members. Cullman Electric Cooperative assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assignable to the members for the calendar year. Form 990, Part XI, line 9: Benefits paid to members 5,324,323. Change in Memberships 2,745. Other Comprehensive Income 110,848. Cooperative Connection LLC PO Box 1168 Cullman AL 350561168 Internet AL 1978209 1264075 Cullman Electric Cooperative Operation Round-Up of Cullman and PO Box 1168 Cullman AL 350561168 Education Assistance AL 501(c)(3) Line 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Operation Round-Up of Cullman and Winston Counties R 226018 cash