SULPHUR SPRINGS VALLEY ELECTRIC COOPERATIVE INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SULPHUR SPRINGS VALLEY ELECTRIC COOPERATIVE INC (EIN 86-0059728)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202223189349309772
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-14T13:01:01-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 750882037 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOLINGER SEGARS GILBERT AND MOSS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8215 NASHVILLE AVENUE | AddressLine1Txt |
| City | LUBBOCK | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79423 | 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 | 860059728 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SULPHUR SPRINGS VALLEY ELECTRIC | BusinessNameLine1Txt |
| Business Name Line2 | COOPERATIVE INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SULP | BusinessNameControlTxt |
| Phone | 5203842221 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 N HASKELL | AddressLine1Txt |
| City | WILLCOX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85643 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JASON BOWLING | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 5203842221 | PhoneNum |
| Signature | 2022-11-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JASON | PersonFirstNm |
| Person Last | BOWLING | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM M MILLER | PreparerPersonNm |
| PTIN | P00439459 | PTIN |
| Phone | 8067473806 | PhoneNum |
| Preparation | 2022-11-05 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
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 | JASON BOWLING | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 N HASKELL | AddressLine1Txt |
| City | WILLCOX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85643 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $125,015,822 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.SSVEC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1938 | FormationYr |
| Legal Domicile State | AZ | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 184 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $272,035 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $143,357 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $111,461,101 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $123,858,931 | CYProgramServiceRevenueAmt |
| PY Investment Income | $239,790 | PYInvestmentIncomeAmt |
| CY Investment Income | $109,142 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,167,862 | PYOtherRevenueAmt |
| CY Other Revenue | $1,026,973 | CYOtherRevenueAmt |
| PY Total Revenue | $112,868,753 | PYTotalRevenueAmt |
| CY Total Revenue | $124,995,046 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $221,559 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $196,713 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $12,836,324 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $12,095,183 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $14,163,520 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $16,309,116 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $85,309,882 | PYOtherExpensesAmt |
| CY Other Expenses | $94,732,794 | CYOtherExpensesAmt |
| PY Total Expenses | $112,531,285 | PYTotalExpensesAmt |
| CY Total Expenses | $123,333,806 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $337,468 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,661,240 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $319,488,701 | TotalAssetsBOYAmt |
| Total Assets EOY | $321,892,538 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $165,002,687 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $157,774,854 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $154,486,014 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $164,117,684 | NetAssetsOrFundBalancesEOYAmt |
| Mission | SSVEC IS A COOPERATIVE DELIVERING SAFE AND RELIABLE ELECTRIC SERVICE, THROUGH PEOPLE WHO PROVIDE EXCEPTIONAL SUPPORT TO OUR MEMBER-OWNERS AND THE COMMUNITIES WE SERVE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | PROVIDING ELECTRIC ENERGY TO OUR MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 53,283 ACTIVE SERVICES AT YEAR END. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ELECTRIC DISTRIBUTION SERVICES (THE DELIVERY, BUT NOT THE SALE OF ELECTRICITY, TO A CUSTOMER OVER LINES OWNED, OPERATED AND MAINTAINED BY THE COOPERATIVE) WERE PROVIDED TO THE CLASS B MEMBERSHIP ON A COOPERATIVE BASIS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | Yes (1) | 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 | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 201 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 184 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | $122,371,134 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $4,251,680 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | 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 | 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 | 0 | 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 |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RON LEE CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5203842221 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 N HASKELL AVE | AddressLine1Txt |
| City | WILLCOX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85643 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| KATHRYN THATCHER | ||||||||
| DIRECTOR | 5.90 | 1.00 | Yes (X) | $17,775 | $0 | $0 | ||
| CURTIS NOLAN | ||||||||
| PRESIDENT | 8.50 | 1.00 | Yes (X) | $30,863 | $0 | $0 | Yes (X) | |
| PAT ENGLISH | ||||||||
| DIRECTOR | 3.00 | 1.00 | Yes (X) | $13,050 | $0 | $0 | ||
| THOMAS GOODMAN | ||||||||
| DIRECTOR | 5.60 | 1.00 | Yes (X) | $24,175 | $0 | $0 | ||
| DAN BARRERA | ||||||||
| SECRETARY | 7.30 | 1.00 | Yes (X) | $20,675 | $0 | $0 | Yes (X) | |
| PETE GILLESPIE | ||||||||
| DIRECTOR | 2.60 | 1.00 | Yes (X) | $7,975 | $0 | $0 | ||
| JAMES JOHNSON | ||||||||
| DIRECTOR (JAN-APR) | 4.40 | 1.00 | Yes (X) | $4,350 | $0 | $0 | ||
| DONALD GENE MANRING | ||||||||
| DIRECTOR (JAN-APR) | 3.30 | 1.00 | Yes (X) | $3,625 | $0 | $0 | ||
| RANDY REDMOND | ||||||||
| VICE PRESIDENT | 8.10 | 1.00 | Yes (X) | $22,600 | $0 | $0 | Yes (X) | |
| JOSEPH BEAM | ||||||||
| TREASURER | 7.90 | 1.00 | Yes (X) | $23,225 | $0 | $0 | Yes (X) | |
| DAVE KELSO | ||||||||
| DIRECTOR (APR-DEC) | 7.30 | 1.00 | Yes (X) | $15,825 | $0 | $0 | ||
| CLIFFORD LEX HERRON | ||||||||
| DIRECTOR (APR-DEC) | 5.10 | 1.00 | Yes (X) | $11,900 | $0 | $0 | ||
| JACK BLAIR | ||||||||
| CHIEF MEMBER SERVICES OFFICER | 48.00 | $243,580 | $0 | $98,977 | Yes (X) | |||
| JASON BOWLING | ||||||||
| CHIEF ADMINISTRATION OFFICER | 45.00 | $197,833 | $0 | $114,854 | Yes (X) | |||
| ORSON GARNSEY | ||||||||
| CHIEF INFORMATION TECHNOLOGY OFFICER | 50.00 | $187,139 | $0 | $88,239 | Yes (X) | |||
| NATHAN HODGES | ||||||||
| CHIEF OPERATIONS OFFICER | 45.00 | $196,661 | $0 | $107,039 | Yes (X) | |||
| CREDEN HUBER | ||||||||
| CHIEF EXECUTIVE OFFICER | 48.00 | $1,151,555 | $0 | $34,273 | Yes (X) | |||
| RON LEE | ||||||||
| CHIEF FINANCIAL OFFICER | 50.00 | $184,891 | $0 | $77,150 | Yes (X) | |||
| DANIEL WILSON | ||||||||
| DIRECTOR OF ENGINEERING | 46.00 | $201,874 | $0 | $98,039 | Yes (X) | |||
| RICHARD ELLIS | ||||||||
| JOURNEYMAN LINEMAN | 50.00 | $160,257 | $0 | $96,936 | Yes (X) | |||
| JAMES FREEMAN | ||||||||
| CONTROLLER | 40.00 | $141,648 | $0 | $75,446 | Yes (X) | |||
| MANUEL GONZALES | ||||||||
| TECH SERVICES/FLEET MANAGER | 46.00 | $138,202 | $0 | $94,920 | Yes (X) | |||
| JESUS MORENO | ||||||||
| SUBSTATION AND AUTOMATION ENGINEER | 40.00 | $132,483 | $0 | $62,320 | Yes (X) | |||
| MARK ROLL | ||||||||
| MAINENANCE/OPERATIONS MANAGER | 48.00 | $133,688 | $0 | $68,698 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,265,849 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,016,891 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 42 | 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 |
|---|---|---|---|---|---|
| ASPLUNDUH TREE EXPERT LLC | |||||
| PO BOX 31001 | PASADENA | CA | 91110 | ROW TREE TRIMMING | $392,777 |
| HMW CONSTRUCTION LLC | |||||
| PO BOX 3544 | OMAHA | NE | 68103 | CONSTRUCTION CONTRACTOR | $365,701 |
| FENNEMORE CRAIG PC | |||||
| 2394 EAST CAMELBACK RD SUITE 600 | PHOENIX | AZ | 85016 | LEGAL SERVICES | $352,184 |
| SCHNEIDER ELECTRIC SMART GRID | |||||
| 26742 NETWORK PLACE | CHICAGO | IL | 60673 | SOFTWARE SERVICES | $207,630 |
| EVERSHEDS SUTHERLAND LLP | |||||
| 999 PEACHTREE ST NE SUITE 2300 | ATLANTA | GA | 30309 | LEGAL SERVICES | $164,163 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| SALES OF ELECTRICITY | 221000 | $118,191,045 | $118,191,045 |
| PATRONAGE DIVIDENDS | 221000 | $2,545,963 | $2,545,963 |
| DISTRIBUTION SERVICES | 221000 | $2,392,041 | $2,392,041 |
| SERVICE FEES | 221000 | $729,882 | $729,882 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $123,858,931 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $109,142 | TotalRevenueColumnAmt |
| Exclusion | $109,142 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $8,043 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $8,043 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,043 | TotalRevenueColumnAmt |
| Exclusion | $8,043 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $14,693 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $20,776 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$6,083 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$6,083 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| POLE ATTACHMENT INCOME | 221000 | $746,895 | $746,895 | |
| INTERNET COMMISSIONS | 517000 | $270,869 | $270,869 | |
| OUTSIDE SERVICES | 811000 | $7,249 | $7,249 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,025,013 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $124,995,046 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $123,858,931 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $272,035 | UnrelatedBusinessRevenueAmt |
| Exclusion | $864,080 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $196,713 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,095,183 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,495,475 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,349,934 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,371,417 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,430,968 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $661,322 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,659,252 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,708,203 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PURCHASED POWER | $65,661,412 |
| DISTRIBUTION EXPENSE | $6,554,657 |
| ADMIN & GENERAL EXPENSE | $2,136,340 |
| UNRELATED BUS. INC. TAX | $39,653 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,973,277 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,333,806 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,391,932 | BOYAmt |
| EOY | $3,116,650 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,482,293 | BOYAmt |
| EOY | $14,644,420 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,641,106 | BOYAmt |
| EOY | $4,162,929 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,665 | BOYAmt |
| EOY | $57,784 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,632,633 | BOYAmt |
| EOY | $3,036,082 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,231,504 | BOYAmt |
| EOY | $1,467,218 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $392,170,663 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $166,349,859 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $226,229,026 | BOYAmt |
| EOY | $225,820,804 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,215,070 | BOYAmt |
| EOY | $65,563,505 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,616,472 | BOYAmt |
| EOY | $4,023,146 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $319,488,701 | BOYAmt |
| EOY | $321,892,538 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,398,773 | BOYAmt |
| EOY | $11,212,618 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $132,308,951 | BOYAmt |
| EOY | $125,679,890 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,294,963 | BOYAmt |
| EOY | $20,882,346 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $165,002,687 | BOYAmt |
| EOY | $157,774,854 | 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 | $203,830 | BOYAmt |
| EOY | $205,970 | 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 | $154,282,184 | BOYAmt |
| EOY | $163,911,714 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $154,486,014 | BOYAmt |
| EOY | $164,117,684 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $319,488,701 | BOYAmt |
| EOY | $321,892,538 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,661,240 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $7,970,430 | 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 | $2,413,207 | OtherCostOrOtherBasisAmt |
| Book Value | $2,413,207 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,152,851 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,266,995 | DepreciationAmt |
| Book Value | $9,885,856 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $363,428,839 | OtherCostOrOtherBasisAmt |
| Depreciation | $162,082,864 | DepreciationAmt |
| Book Value | $201,345,975 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,175,766 | OtherCostOrOtherBasisAmt |
| Book Value | $12,175,766 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $225,820,804 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (10 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PATRONAGE CAPITAL - AEPCO | $55,031,371 | C |
| PATRONAGE CAPITAL - CFC | $2,862,199 | C |
| PATRONAGE CAPITAL - NISC | $136,343 | C |
| PATRONAGE CAPITAL - NRTC | $23,124 | C |
| PATRONAGE CAPITAL - FEDERATED | $735,335 | C |
| PATRONAGE CAPITAL - CRC | $26,197 | C |
| COBANK EQUITY INVESTMENT | $2,696,373 | C |
| ASSOCIATED ORGANIZATIONS - GENERAL FUNDS | $1,010 | C |
| CAPITAL TERM CERTIFICATES-CFC | $2,328,602 | C |
| DEFERRED COMPENSATION FUNDS | $1,722,951 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $65,563,505 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| CONSUMER DEPOSITS | $2,759,850 |
| ACCUMULATED PROVISION - PENSIONS & BENEFITS | $3,187,012 |
| ACCRUED OPERATING TAXES | $2,146,847 |
| DEFERRED CREDITS - ENERGY CONSERVATION & OTHER | $6,942,145 |
| DEFERRED CREDITS - FT. HUACHUCA REIMBURSEMENTS | $5,846,492 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $20,882,346 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART IX: | FormAndLineReferenceDesc |
| Explanation | THE AMOUNT OF OTHER ASSETS ON FORM 990, PAGE 11, PART X, LINE 15 DOES NOT EQUAL OR EXCEED 5% OF THE TOTAL ASSETS ON FORM 990, PAGE 11, PART X, LINE 16, COLUMN B. CONSEQUENTLY, IN ACCORDANCE WITH IRS INSTRUCTIONS, SCHEDULE D, PART IX HAS BEEN LEFT BLANK. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| COCHISE EDUCATION FOUNDATION | ||||||||
| PO BOX DRAWER 493 | BISBEE | AZ | 85603 | 263735497 | 501(C)(3) | $5,350 | $0 | TEACHER OF THE YEAR DONATION |
| BOYS AND GIRLS CLUB OF SIERRA VISTA INC | ||||||||
| 1746 PASEO SAN LUIS | SIERRA VISTA | AZ | 85636 | 860801728 | 501(C)(3) | $10,000 | $0 | ANNUAL DONATION |
| SIERRA VISTA AREA CHAMBER OF COMMERCE | ||||||||
| 21 E WILCOX DR | SIERRA VISTA | AZ | 85635 | 742586694 | 501(C)(6) | $10,400 | $0 | ANNUAL DONATION |
| TUCSON CONQUISTADORES CLASSIC | ||||||||
| 6450 E BROADWAY BLVD | TUCSON | AZ | 85710 | 202132844 | 501(C)(6) | $8,000 | $0 | THE FIRST TEE OF TUCSON |
| WHERE THEY BUCK | ||||||||
| 3500 N MALLARD CIRCLE | SIERRA VISTA | AZ | 85635 | 823574433 | $10,000 | $0 | ANNUAL DONATION | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 3 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II: | FormAndLineReferenceDesc |
| Explanation | ALL GRANTS, SPONSORSHIPS, AND/OR DONATIONS ARE MADE TO NON-PROFIT AND CIVIC ORGANIZATIONS THAT ARE INTENDED TO IMPROVE THE COMMUNITIES IN WHICH OUR MEMBERS RESIDE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CREDEN HUBER | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $455,041 | $0 | $4,900 | $0 | $691,614 | $0 | $8,700 | $0 | $25,573 | $0 | $1,185,828 | $0 | $0 | $0 |
| JACK BLAIR | ||||||||||||||
| CHIEF MEMBER SERVICES OFFICER | $202,246 | $0 | $4,850 | $0 | $36,484 | $0 | $84,729 | $0 | $14,248 | $0 | $342,557 | $0 | $0 | $0 |
| JASON BOWLING | ||||||||||||||
| CHIEF ADMINISTRATION OFFICER | $171,529 | $0 | $9,853 | $0 | $16,451 | $0 | $90,281 | $0 | $24,573 | $0 | $312,687 | $0 | $0 | $0 |
| NATHAN HODGES | ||||||||||||||
| CHIEF OPERATIONS OFFICER | $169,037 | $0 | $4,200 | $0 | $23,424 | $0 | $88,118 | $0 | $18,921 | $0 | $303,700 | $0 | $0 | $0 |
| DANIEL WILSON | ||||||||||||||
| DIRECTOR OF ENGINEERING | $176,874 | $0 | $4,700 | $0 | $20,300 | $0 | $73,466 | $0 | $24,573 | $0 | $299,913 | $0 | $0 | $0 |
| ORSON GARNSEY | ||||||||||||||
| CHIEF INFORMATION TECHNOLOGY OFFICER | $181,211 | $0 | $4,200 | $0 | $1,728 | $0 | $80,687 | $0 | $7,552 | $0 | $275,378 | $0 | $0 | $0 |
| RON LEE | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $177,267 | $0 | $5,700 | $0 | $1,924 | $0 | $65,691 | $0 | $11,459 | $0 | $262,041 | $0 | $0 | $0 |
| RICHARD ELLIS | ||||||||||||||
| JOURNEYMAN LINEMAN | $148,427 | $0 | $2,200 | $0 | $9,630 | $0 | $77,015 | $0 | $19,921 | $0 | $257,193 | $0 | $0 | $0 |
| MANUEL GONZALES | ||||||||||||||
| TECH SERVICES/FLEET MANAGER | $120,005 | $0 | $7,200 | $0 | $10,997 | $0 | $88,469 | $0 | $6,451 | $0 | $233,122 | $0 | $0 | $0 |
| JAMES FREEMAN | ||||||||||||||
| CONTROLLER | $140,112 | $0 | $80 | $0 | $1,456 | $0 | $58,414 | $0 | $17,032 | $0 | $217,094 | $0 | $0 | $0 |
| MARK ROLL | ||||||||||||||
| MAINENANCE/OPERATIONS MANAGER | $116,333 | $0 | $6,983 | $0 | $10,372 | $0 | $52,146 | $0 | $16,552 | $0 | $202,386 | $0 | $0 | $0 |
| JESUS MORENO | ||||||||||||||
| SUBSTATION AND AUTOMATION ENGINEER | $122,331 | $0 | $2,000 | $0 | $8,152 | $0 | $37,747 | $0 | $24,573 | $0 | $194,803 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | PURSUANT TO THE COOPERATIVE'S WELLNESS PROGRAM, EMPLOYEES ARE REIMBURSED FOR 50% OF THEIR OUT OF POCKET COSTS FOR PARTICIPATION IN QUALIFIED WELLNESS ACTIVITIES. THE TOTAL ANNUAL REIMBURSEMENT IS LIMITED TO $360 PER EMPLOYEE AND $360 FOR AN EMPLOYEE'S SPOUSE, PROVIDED THE SPOUSE IS COVERED UNDER THE COOPERATIVE'S HEALTH INSURANCE PROGRAM. EMPLOYEES ARE ELIGIBLE TO PARTICIPATE IN THE WELLNESS PROGRAM AFTER 60 DAYS OF EMPLOYEMENT. |
| PART I, LINE 4B | MR. CREDEN HUBER PARTICIPATES IN A SECTION 457(F) NON-QUALIFIED DEFERRED COMPENSATION (NQDC) PLAN. THE PURPOSE OF THE PLAN IS TO COMPENSATE THE PLAN PARTICIPANT FOR PENSION BENEFITS THAT ARE SUBJECT TO ANNUAL COMPENSATION LIMITS AND ALSO SUBJECT TO CAPS ON THE LEVEL OF ACCRUED BENEFITS UNDER THE PLAN THAT MAY BE EARNED AS PROVIDED FOR BY SECTIONS 401(A)(17) AND 415(B) OF THE INTERNAL REVENUE CODE, RESPECTIVELY. AT AGE 62, MR.HUBER'S BENEFITS ACCRUED UNDER THE PLAN BECAME FULLY VESTED, PAYABLE AND REPORTABLE COMPENSATION TO THE PLAN PARTICIPANT IN 2020. IN 2021, THE BENEFITS INCLUDED IN PART II, COLUMN B(III) WERE ACCRUED AND VESTED IN THE SAME YEAR. TOTAL VESTED BENEFITS PAID IN 2021 WERE $682,667. |
| PART II, COLUMN C: | INCLUDED IN THIS AMOUNT IS THE INCREASE IN ACTUARIAL VALUE OF BENEFITS PAYABLE UNDER A DEFINED BENEFIT RETIREMENT PLAN. THE CONTRIBUTION RATE FOR PARTICIPANTS IN THE NRECA R&S DEFINED BENEFIT PENSION PLAN ARE THE SAME FOR ALL INDIVIDUALS IN THIS MULTI-EMPLOYER PLAN. THE CHANGE IN ACTUARIAL VALUE FOR EACH PARTICIPANT, HOWEVER, VARIES WITH AGE. IN OTHER WORDS, THE OLDER A PLAN PARTICIPANT IS, THE GREATER THE INCREASE IN THAT INDIVIDUAL'S CHANGE IN ACTUARIAL VALUE, ALL OTHER THINGS BEING EQUAL. BECAUSE THIS RELATES TO A MULTI-EMPLOYER PLAN, CASH CONTRIBUTIONS TO THE PLAN IN LIEU OF THE ACTUARIAL INCREASE ARE EXPENSED IN THE FINANCIAL STATEMENTS. CREDEN HUBER: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 0 ACTUARIAL INCREASE IN NQDC PLAN 0 EMPLOYER CONTRIBUTION TO 401(K) PLAN 8,700 TOTAL REPORTED IN COLUMN C $ 8,700 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT & NQDC PLANS (0) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT & NQDC PLANS 159,753 EXPENSE TO THE COOPERATIVE $ 168,453 JACK BLAIR: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 78,585 EMPLOYER CONTRIBUTION TO 401(K) PLAN 6,144 TOTAL REPORTED IN COLUMN C $ 84,729 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (78,585) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 71,281 EXPENSE TO THE COOPERATIVE $ 77,425 JASON BOWLING: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 84,910 EMPLOYER CONTRIBUTION TO 401(K) PLAN 5,371 TOTAL REPORTED IN COLUMN C $ 90,281 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (84,910) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 62,344 EXPENSE TO THE COOPERATIVE $ 67,715 NATHAN HODGES: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 82,827 EMPLOYER CONTRIBUTION TO 401(K) PLAN 5,291 TOTAL REPORTED IN COLUMN C $ 88,118 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (82,827) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 61,173 EXPENSE TO THE COOPERATIVE $ 66,464 DANIEL WILSON: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 67,934 EMPLOYER CONTRIBUTION TO 401(K) PLAN 5,532 TOTAL REPORTED IN COLUMN C $ 73,466 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (67,934) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 64,021 EXPENSE TO THE COOPERATIVE $ 69,553 ORSON GARNSEY: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 75,236 EMPLOYER CONTRIBUTION TO 401(K) PLAN 5,451 TOTAL REPORTED IN COLUMN C $ 80,687 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (75,236) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 62,846 EXPENSE TO THE COOPERATIVE $ 68,297 RON LEE: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 60,266 EMPLOYER CONTRIBUTION TO 401(K) PLAN 5,425 TOTAL REPORTED IN COLUMN C $ 65,691 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (60,266) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 63,124 EXPENSE TO THE COOPERATIVE $ 68,549 RICHARD ELLIS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 74,004 EMPLOYER CONTRIBUTION TO 401(K) PLAN 3,011 TOTAL REPORTED IN COLUMN C $ 77,015 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (74,004) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 35,119 EXPENSE TO THE COOPERATIVE $ 38,130 MANUEL GONZALES: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 84,862 EMPLOYER CONTRIBUTION TO 401(K) PLAN 3,607 TOTAL REPORTED IN COLUMN C $ 88,469 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (84,862) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 41,920 EXPENSE TO THE COOPERATIVE $ 45,527 JAMES FREEMAN: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 54,057 EMPLOYER CONTRIBUTION TO 401(K) PLAN 4,357 TOTAL REPORTED IN COLUMN C $ 58,414 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (54,057) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 50,160 EXPENSE TO THE COOPERATIVE $ 54,517 MARK ROLL: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 49,152 EMPLOYER CONTRIBUTION TO 401(K) PLAN 2,994 TOTAL REPORTED IN COLUMN C $ 52,146 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (49,152) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 41,920 EXPENSE TO THE COOPERATIVE $ 44,914 JESUS MORENO: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 33,852 EMPLOYER CONTRIBUTION TO 401(K) PLAN 3,895 TOTAL REPORTED IN COLUMN C $ 37,747 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (33,852) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 45,273 EXPENSE TO THE COOPERATIVE $ 49,168 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (19 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 19: | IN GENERAL, WHEN AN ELECTRIC COOPERATIVE BASES THE PATRONAGE DIVIDEND CALCULATION ON ITS NET BOOK INCOME/(LOSS), PAGE 1, PART I, LINE 19 - REVENUE LESS EXPENSES - WILL BE $0. FOR THE CURRENT YEAR, PAGE 1 , PART I, LINE 19 REPORTS NET INCOME OF $1,661,240, WHICH IS THE INCOME STATEMENT EFFECT OF ACCRUED UNBILLED REVENUE PLUS THE RETENTION OF NON-OPERATING MARGINS. THE GAAP BASIS FINANCIAL STATEMENTS INCLUDE AN ACCRUAL FOR UNBILLED REVENUE BECAUSE THE COOPERATIVE'S BILLING CYCLE DOES NOT END ON THE LAST DAY OF THE MONTH. THEREFORE, IT HAS REVENUE IN DECEMBER OF EACH YEAR THAT IT HAS EARNED BUT WILL NOT BILL UNTIL THE FIRST BILLING CYCLE OF THE FOLLOWING YEAR. THE COOPERATIVE ESTIMATES THIS REVENUE AND RECORDS IT AS ACCRUED UNBILLED REVENUE IN ORDER TO MATCH THE REVENUE WITH THE YEAR EARNED. HOWEVER, THE COOPERATIVE ALLOCATES THE REVENUE TO MEMBERS IN THE YEAR IT IS BILLED RATHER THAN WHEN ACCRUED. THIS TIMING DIFFERENCE IS FAIR AND EQUITABLE BECAUSE IT MATCHES THE PATRONAGE DIVIDEND ALLOCATED WITH THE BILLING RECORDS USED TO ALLOCATE THE MARGINS. DUE TO THE TIMING OF WHEN THE COOPERATIVE ALLOCATES ACCRUED UNBILLED REVENUE, PAGE 1, PART I, LINE 19 ANNUALLY REPORTS NET INCOME/(LOSS) AS FOLLOWS: 1) NET INCREASE/(DECREASE) IN ACCRUED UNBILLED REVENUE PLUS 2) NON-OPERATING MARGINS. THE FOLLOWING SCHEDULE IS PROVIDED TO FURTHER EXPLAIN THE IMPACT OF THIS TRANSACTION: ADD: UNBILLED REVENUE 12/31/21 $ 2,384,333 LESS: UNBILLED REVENUE 12/31/20 (2,326,352) NET INCREASE IN UNBILLED REVENUE $ 57,981 ADD: NON-OPERATING MARGINS RETAINED 221,543 ADD: NON-OPERATING INCOME - SETTLEMENTS 1,381,716 (A) - NET INCOME ON PAGE 1, PART I, LINE 1 $ 1,661,240 (B) - BENEFITS PAID TO MEMBERS (I.E. PATRONAGE DIVIDENDS), PART I, LINE 14 $12,095,183 TOTAL 2021 NET MARGIN (A + B) $13,756,423 |
| FORM 990, PART VI, SECTION A, LINE 6 | THE COOPERATIVE WAS FORMED BY THE MEMBERS TO PROVIDE ELECTRIC SERVICE AT COST ON A COOPERATIVE BASIS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF THE COOPERATIVE VOTE ON THE BOARD OF DIRECTORS. ELECTIONS ARE DONE ON A ONE MEMBER ONE VOTE BASIS. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE FOLLOWING ACTS REQUIRE APPROVAL OF THE MEMBERS OF THE COOPERATIVE: 1. DISSOLUTION/LIQUIDATION OF THE COOPERATIVE 2. MERGER OR CONSOLIDATION OF THE COOPERATIVE WITH ANOTHER ORGANIZATION 3. DISPOSAL OF A SUBSTANTIAL PORTION OF THE COOPERATIVE'S ASSETS 4. AMENDMENT TO THE ARTICLES OF INCORPORATION 5. AMENDMENT TO THE BYLAWS |
| FORM 990, PART VI, SECTION A, LINE 8B | THE COOPERATIVE HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THEREFORE, AND PURSUANT TO FORM 990 INSTRUCTIONS, THE QUESTION HAS BEEN ANSWERED "NO". |
| FORM 990, PART VI, SECTION B, LINE 11B | MANAGEMENT AND THE PAID PREPARER REVIEW DRAFTS OF FORM 990 PRIOR TO E-FILING. THE BOARD REVIEWS ANNUAL FILINGS AT MONTHLY MEETINGS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE DIRECTORS REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY, AND IMMEDIATELY ADDRESS ANY QUESTIONS OR CONCERNS IF THEY ARISE. THE BOARD OF DIRECTORS AND OFFICERS ARE ALSO REQUIRED TO DISCLOSE ANY ACTION OR SITUATION THAT MIGHT VIOLATE THE POLICY TO THE FULL BOARD OF DIRECTORS AS SOON AS POSSIBLE. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS USE THE EXPERTISE OF AN INDEPENDENT COMPENSATION CONSULTANT WHEN DETERMINING THE COMPENSATION OF THE CEO. THE BOARD AND THE CEO USE THE EXPERTISE OF AN INDEPENDENT COMPENSATION CONSULTANT WHEN DETERMINING THE COMPENSATION OF THE COOPERATIVE'S OTHER EMPLOYEE OFFICERS. |
| FORM 990, PART VI, SECTION C, LINE 19 | ANNUALY, THE COOPERATIVE MAILS ITS ANNUAL REPORT TO MEMBERS OF THE COOPERATIVE WHICH CONTAINS A SUMMARIZED COPY OF THE AUDITED FINANCIAL STATEMENTS. THE COOPERATIVE ALSO PROVIDES COPIES OF THEIR CURRENT AND PAST ANNUAL REPORTS AND GOVERNING DOCUMENTS ON THEIR WEBSITE. THE COOPERATIVE WILL PROVIDE A COMPLETE COPY OF THE AUDITED FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, OR GOVERNING DOCUMENTS TO ANY MEMBER WHO REQUESTS A COPY. |
| FORM 990, PART VII, COLUMN F: | IN ORDER TO PROVIDE RETIREMENT BENEFITS TO ITS EMPLOYEES, THE COOPERATIVE HAS ESTABLISHED A DEFINED CONTRIBUTION PLAN UNDER SECTION 401(K) OF THE INTERNAL REVENUE CODE. EMPLOYER CONTRIBUTIONS TO THE PLAN ARE MADE PURSUANT TO THE PLAN DOCUMENT. ADDITIONALLY, THE COOPERATIVE PARTICIPATES IN A MULTI-EMPLOYER DEFINED BENEFIT PLAN. CONTRIBUTIONS TO THIS PLAN ARE BASED ON THE FULL FUNDING LIMITATION OF SUCH PLAN. EMPLOYER CONTRIBUTIONS FOR BOTH PLANS ARE AVAILABLE TO PARTICIPATING EMPLOYEES, INCLUDING OFFICERS AND HIGHLY COMPENSATED EMPLOYEES MEETING THE ELIGIBILITY REQUIREMENTS OF SUCH PLANS. THE COOPERATIVE ALSO PROVIDES HEALTH, DENTAL, VISION AND LIFE INSURANCE TO ALL ELIGIBLE EMPLOYEES THROUGH A QUALIFIED PLAN. THE AMOUNTS REPORTED ON PART VII, COLUMN (F) FOR THE OFFICERS AND HIGHLY COMPENSATED EMPLOYEES IS COMPRISED OF ACTUARIAL INCREASE IN THE DEFINED BENEFIT PLAN, THE TOTAL AMOUNT CONTRIBUTED TO THE 401(K) PENSION PLAN AND INSURANCE PAID ON BEHALF OF AND FOR THEIR BENEFIT. IN ADDITION TO THE ABOVE PENSION PLANS, THE COOPERATIVE ALSO PROVIDES POST-RETIREMENT HEALTH INSURANCE BENEFITS THROUGH AN UNFUNDED WELFARE BENEFIT PLAN. THE VALUE OF THESE BENEFITS HAS NOT BEEN ESTIMATED. |
| FORM 990, PART VII, SECTION A: | W-2 WAGES RESULTING FROM SECTION 457(F) NON-QUALIFIED DEFERRED COMPENSATION PLAN: MR. CREDEN HUBER PARTICIPATES IN A SECTION 457(F) NON-QUALIFIED DEFERRED COMPENSATION (NQDC) PLAN. THE PURPOSE OF THE PLAN IS TO COMPENSATE THE PLAN PARTICIPANT FOR PENSION BENEFITS THAT ARE SUBJECT TO ANNUAL COMPENSATION LIMITS AND ALSO SUBJECT TO CAPS ON THE LEVEL OF ACCRUED BENEFITS UNDER THE PLAN THAT MAY BE EARNED AS PROVIDED FOR BY SECTIONS 401(A)(17) AND 415(B) OF THE INTERNAL REVENUE CODE, RESPECTIVELY. BENEFITS ACCRUE FROM THE INITIAL DATE OF THE PLAN AND DO NOT VEST UNTIL NORMAL RETIREMENT AGE OF 62. AT AGE 62 ALL BENEFITS ACCRUED UNDER THE PLAN BECOME FULLY VESTED, PAYABLE AND REPORTABLE COMPENSATION TO THE PLAN PARTICIPANT. THIS OCCURRED DURING 2020. IN 2021, BENEFITS UNDER THE PLAN WERE ACCRUED AND VESTED DURING THE YEAR. TOTAL VESTED BENEFITS PAID IN 2021 WERE $682,667, AND ARE REPORTED IN PART VII, COLUMN (D) AS A COMPONENT OF BOX 5, W-2 WAGES. ALTHOUGH THE VESTED BENEFITS ARE REPORTABLE COMPENSATION TO THE PLAN PARTICIPANT, ANNUAL EXPENSE OF THE PLAN IS EQUAL TO THE ANNUAL CONTRIBUTIONS AND NOT THE VESTED AMOUNT PAID. THE VESTED AMOUNT PAID IS DUE FROM THE PLAN AND IS AN ULTIMATE REDUCTION OF PLAN ASSETS RATHER THAN AN EXPENSE TO THE COOPERATIVE IN THE YEAR OF PAYMENT. TOTAL REPORTABLE COMPENSATION IN PART VII (COLUMNS D, E & F) FOR ALL OFFICERS, KEY EMPLOYEES, AND DIRECTORS IS $3,178,142. HOWEVER, SINCE THE $682,667 OF VESTED BENEFITS IS RECORDED AS A RECEIVABLE DUE FROM THE PLAN AND IS NOT A CURRENT EXPENSE TO THE COOPERATIVE, SUCH PAYMENT IS EXCLUDED FROM PART IX, LINE 5 "COMPENSATION OF CURRENT OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES". THE NET RESULT IS A PART IX,LINE 5 EXPENSE OF $2,495,475. |
| FORM 990, PART VIII, LINE 2: | PATRONAGE DIVIDENDS RESULT FROM THE PURCHASE OF WHOLESALE POWER FROM A GENERATION & TRANSMISSION COOPERATIVE. PATRONAGE DIVIDENDS ALSO RESULT FROM THE PAYMENT OF INTEREST FROM COOPERATIVE BANKS AND THE PURCHASE OF SUPPLIES AND SERVICES FROM OTHER COOPERATIVE ORGANIZATIONS. THE EXPENSES ASSOCIATED WITH PURCHASES FROM AND PAYMENTS TO SUCH COOPERATIVE ORGANIZATIONS ARE A DIRECT COMPONENT OF COST OF THE ELECTRIC SERVICE PROVIDED BY THE COOPERATIVE TO ITS MEMBERS. |
| FORM 990, PART IX: | THE ACCOUNTING RECORDS OF THE COOPERATIVE ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS (USOA) AS PRESCRIBED BY THE FEDERAL ENERGY REGULATORY COMMISSION FOR CLASS A AND B ELECTRIC UTILITIES. THE USOA DOES NOT RECORD EXPENSES IN THE GENERAL EXPENSE CATEGORIES PROVIDED ON PART IX LINES 1-23. THE COOPERATIVE SEPARATELY REPORTS SALARIES AND WAGES, EMPLOYEE BENEFITS AND PAYROLL TAXES THAT ARE ALLOCATED IN ACCORDANCE WITH THEIR ACCOUNTING SYSTEM, BUT OTHER EXPENSES THAT ARE DESCRIBED IN LINES 1-23 ARE REPORTED ON LINE 24 UNDER THE EXPENSE CATEGORIES REQUIRED BY THE USOA. |
| FORM 990, PART IX, LINE 4: | PURSUANT TO THE FORM 990 INSTRUCTIONS, THE AMOUNT OF PATRONAGE DIVIDENDS PAID TO THE MEMBERS (HEREINAFTER REFERRED TO AS "PATRONS") SHOULD BE REPORTED ON PART IX, LINE 4. THE PHRASE "PATRONAGE DIVIDENDS PAID" REFERS TO THE PROCESS, SUBSEQUENT TO YEAR-END, BY WHICH THE COOPERATIVE ALLOCATES PATRONAGE CAPITAL TO AND, THEREFORE, OPERATES AT COST WITH ITS PATRONS. THE COOPERATIVE'S TAX EXEMPT PURPOSE IS TO PROVIDE ELECTRICITY TO ITS PATRONS AND TO DO SO ON A COOPERATIVE BASIS. TAX LAW DEFINES "OPERATING ON A COOPERATIVE BASIS" AS SUBORDINATION OF CAPITAL, DEMOCRATIC CONTROL, AND OPERATION AT COST. THE COOPERATIVE OPERATES AT COST THROUGH THE ALLOCATION OF TRUE PATRONAGE DIVIDENDS (ALSO REFERRED TO AS ALLOCATIONS OF PATRONAGE CAPITAL) TO ITS PATRONS. PATRONAGE DIVIDENDS ARE CONSIDERED PAID IF THE ALLOCATION IS MADE (1) PURSUANT TO A PRE-EXISTING OBLIGATION, (2) FROM THE MARGINS PRODUCED FROM THE TRANSACTIONS DONE WITH OR FOR PATRONS, AND (3) IN A FAIR AND EQUITABLE MANNER ON THE BASIS OF PATRONAGE (I.E. PURCHASES). ADDITIONALLY, THE ALLOCATION OF PATRONAGE DIVIDENDS SHOULD BE MADE WITHIN A REASONABLE TIME PERIOD AFTER THE CLOSE OF THE COOPERATIVE'S CALENDAR TAX YEAR-END OF DECEMBER 31. EACH ONE OF THESE REQUIREMENTS FOR A TRUE PATRONAGE DIVIDEND IS PROVIDED FOR IN THE NON-PROFIT OPERATION ARTICLE OF THE COOPERATIVE'S BYLAWS. THE AMOUNT REPORTED ON PART IX, LINE 4 REPRESENTS THE AMOUNT OF PATRONAGE CAPITAL THAT IS EITHER ALLOCATED OR TO BE ALLOCATED TO THE PATRONS RESULTING FROM THEIR PURCHASE OF ELECTRICITY FROM THE COOPERATIVE FOR THE 2021 CALENDAR YEAR. BECAUSE PATRONAGE DIVIDENDS ARE THE PROCESS BY WHICH THE COOPERATIVE OPERATES AT COST WITH ITS PATRONS AND THEREBY A KEY COMPONENT TO ACCOMPLISHING ITS EXEMPT PURPOSE, THE COOPERATIVE HAS REPORTED SUCH AMOUNTS AS AN EXPENSE FOR FORM 990 REPORTING. PATRONAGE DIVIDENDS ARE NOT AN EXPENSE FOR FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, HOWEVER. |
| FORM 990, PART IX, LINES 5-7: | SALARIES AND WAGES ARE ALLOCATED TO ASSET, LIABILITY, AND EXPENSE ACCOUNTS BASED ON THE ACCOUNTING SYSTEM DESCRIBED ABOVE. THE FOLLOWING SCHEDULE RECONCILES AMOUNTS REPORTED ON LINES 5-7 TO THE TOTAL WAGES ACCRUED AND/OR PAID: TOTAL PER LINES 5-7 $11,845,409 LESS: DIRECTOR FEES REPORTED ON FORMS 1099-NEC (196,038) LESS: EMPLOYEE OFFICER BENEFITS INCLUDED IN LINE 5 (618,571) PLUS: SALARIES AND WAGES ALLOCATED TO NONOPERATING MARGINS 5,869 PLUS: SALARIES AND WAGES CAPITALIZED DIRECTLY TO PLANT 3,823,300 PLUS: SALARIES AND WAGES CAPITALIZED/EXPENSED INDIRECTLY THROUGH CLEARING AND OTHER ACCOUNTS 1,156,490 TOTAL WAGES ACCRUED AND/OR PAID $16,016,459 |
| FORM 990, PART IX, LINE 24: | ADMINISTRATIVE & GENERAL EXPENSE IS COMPRISED OF THE FOLLOWING: ADMINISTRATIVE & GENERAL SALARIES, BENEFITS & OTHER $ 5,946,871 OFFICE SUPPLIES 302,581 OUTSIDE SERVICES 1,059,633 DIRECTORS 285,761 DUES TO ASSOCIATED ORGANIZATIONS 246,570 FORT HUACHUCA ADMINISTRATIVE & GENERAL 17,423 MISCELLANEOUS GENERAL 246,379 CAPITAL CREDITS 36,383 MAINTENANCE OF GENERAL PLANT 72,018 TOTAL ADMIN & GENERAL EXP PER FINANCIAL STATEMENTS $ 8,213,619 LESS: RECLASS OF DIRECTOR FEES TO PART IX, LINE 5 (196,038) LESS: RECLASS OF LABOR TO PART IX, LINES 5 & 7 (4,026,240) LESS: RECLASS OF BENEFITS TO PART IX, LINES 8-10 (1,855,001) TOTAL ADMIN & GENERAL EXPENSE PER FORM 990, PART IX $ 2,136,340 |
| FORM 990, PART IX, LINE 24E: | OTHER EXPENSES IS COMPRISED OF THE FOLLOWING: TRANSMISSION $ 388,908 SALES 308,254 CONSUMER ACCOUNTS AND SERVICE 1,919,238 OTHER DEDUCTIONS 240,963 INTERNET 115,914 TOTAL OTHER EXPENSES PER FORM 990, LINE 24E $ 2,973,277 |
| FORM 990, PART XI, LINE 9: | PATRONAGE CAPITAL ALLOCATED OR TO BE ALLOCATED 12,095,183. PATRONAGE CAPITAL RETIRED - TOTAL -4,133,349. PATRONAGE CAPITAL RETIRED - DISCOUNT 68,242. NET CHANGE IN MEMBERSHIPS 2,140. OTHER COMPREHENSIVE INCOME - PROVISION FOR PENSIONS AND BENEFITS -61,786. |
| FORM 990, PART XII, LINE 2: | AUDITED FINANCIAL STATEMENTS WERE PREPARED BY AN INDEPENDENT ACCOUNTANT FOR THE COOPERATIVE'S FINANCIAL STATEMENT AUDIT YEAR-END OF JUNE 30TH. THE TAX RETURN HAS BEEN AND CONTINUES TO BE PREPARED BASED ON A CALENDAR TAX YEAR-END OF DECEMBER 31. THE BOARD AS A WHOLE IS RESPONSIBLE FOR OVERSEEING THE FINANCIAL STATEMENT AUDIT AND SELECTING THE INDEPENDENT FINANCIAL STATEMENT AUDITOR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| SULPHUR SPRINGS VALLEY ELECTRIC COOPERATIVE FOUNDATION | ||||||||||
| 350 N HASKELL | WILLCOX | AZ | 85643 | 860488826 | FUND EDUCATIONAL YOUTH ACTIVIES AND QUALIFIED PROGRAMS | AZ | 501(C)(3) | PF | SULPHUR SPRINGS VALLEY ELECTRIC COOPERATIVE INC | Yes (1) |
| SULPHUR SPRINGS VALLEY ELECTRIC COOPERATIVE CHARITABLE TRUST | ||||||||||
| 350 N HASKELL | WILLCOX | AZ | 85643 | 860993649 | ASSISTANCE TO NATURAL DISASTER VICTIMS AND FAMILIES | AZ | 501(C)(3) | LINE 7 | SULPHUR SPRINGS VALLEY ELECTRIC COOPERATIVE INC | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (6 entries)
| Transaction TypeTransactionTypeTxt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt | InvolvedInvolvedAmt |
|---|---|---|
| SULPHUR SPRINGS VALLEY ELECTRIC COOPERATIVE FOUNDATION | ||
| N | N/A - LESS THAN $50,000 | |
| SULPHUR SPRINGS VALLEY ELECTRIC COOPERATIVE FOUNDATION | ||
| O | N/A - LESS THAN $50,000 | |
| SULPHUR SPRINGS VALLEY ELECTRIC COOPERATIVE FOUNDATION | ||
| Q | N/A - LESS THAN $50,000 | |
| SULPHUR SPRINGS VALLEY ELECTRIC COOPERATIVE FOUNDATION | ||
| R | MEMBER UNCLAIMED/DONATED PROPERTY | $77,861 |
| SULPHUR SPRINGS VALLEY ELECTRIC CHARITABLE TRUST | ||
| N | N/A - LESS THAN $50,000 | |
| SULPHUR SPRINGS VALLEY ELECTRIC CHARITABLE TRUST | ||
| O | N/A - LESS THAN $50,000 | |