MERIWETHER LEWIS ELECTRIC COOPERATIVE: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- MERIWETHER LEWIS ELECTRIC COOPERATIVE (EIN 62-0292655)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2022-11-29
- IRS object ID
- 202223339349300122
- Schema version
- 2021v4.0
- 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 | 2022-11-29T14:43:14-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 620808829 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINNETT ASSOCIATES PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 745 | AddressLine1Txt |
| City | SHELBYVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 371620745 | 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 | 620292655 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MERIWETHER LEWIS ELECTRIC | BusinessNameLine1Txt |
| Business Name Line2 | COOPERATIVE | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MERI | BusinessNameControlTxt |
| Phone | 9317293558 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 240 | AddressLine1Txt |
| City | CENTERVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37033 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEITH CARNAHAN | PersonNm |
| Person Title | PRESIDENT AND CEO | PersonTitleTxt |
| Phone | 9317293558 | PhoneNum |
| Signature | 2022-11-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KEITH | PersonFirstNm |
| Person Last | CARNAHAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PATRICK R LILE | PreparerPersonNm |
| PTIN | P01067422 | PTIN |
| Phone | 9316847142 | PhoneNum |
| Preparation | 2022-11-29 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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 | KEITH CARNAHAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 240 | AddressLine1Txt |
| City | CENTERVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37033 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $119,621,039 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.MLEC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1939 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | RURAL ELECTRICITY DISTRIBUTION AND BROADBAND INTERNET AND COMMUNICATION SERVICES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 110 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $1,574,963 | PYContributionsGrantsAmt |
| CY Contributions Grants | $301,805 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $106,935,686 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $119,124,499 | CYProgramServiceRevenueAmt |
| PY Investment Income | $323,750 | PYInvestmentIncomeAmt |
| CY Investment Income | $194,735 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $108,834,399 | PYTotalRevenueAmt |
| CY Total Revenue | $119,621,039 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,750,730 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,921,346 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $103,893,377 | PYOtherExpensesAmt |
| CY Other Expenses | $114,729,944 | CYOtherExpensesAmt |
| PY Total Expenses | $105,644,107 | PYTotalExpensesAmt |
| CY Total Expenses | $116,651,290 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,190,292 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,969,749 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $157,637,371 | TotalAssetsBOYAmt |
| Total Assets EOY | $179,486,251 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $95,611,177 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $108,056,333 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $62,026,194 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $71,429,918 | NetAssetsOrFundBalancesEOYAmt |
| Mission | NONE | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | RURAL ELECTRICITY DISTRIBUTION TO 35,342 MEMBERS LOCATED IN HICKMAN, HOUSTON, HUMPHREYS, LEWIS, AND PERRY COUNTIES IN MIDDLE TENNESSEE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROVISION OF BROADBAND INTERNET AND COMMUNICATION SERVICES VIA FIBER OPTIC NETWORK TO RURAL HOMES AND BUSINESSES IN THE COOPERATIVE'S SERVICE AREA. THE ORGANIZATION HAD CONNECTED 10,315 CUSTOMERS AS OF 6/30/2022. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (true) | 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 | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | 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 | Yes (true) | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 85 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 110 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| 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 | $116,915,211 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $194,735 | 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 | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | 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 | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLAKE HARPER VP-ADM SVCS & CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9317293558 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1625 HIGHWAY 100 | AddressLine1Txt |
| City | CENTERVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37033 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| JOHNNIE RUTH ELROD | ||||||||
| DIRECTOR | 5.90 | Yes (X) | $27,533 | $0 | $0 | |||
| DAVID WAYNE QUALLS | ||||||||
| DIRECTOR | 1.30 | Yes (X) | $28,866 | $0 | $0 | |||
| BILL WEBB | ||||||||
| DIRECTOR | 3.01 | Yes (X) | $27,172 | $0 | $438 | |||
| JEFFREY D PEERY DDS | ||||||||
| DIRECTOR | 2.73 | Yes (X) | $27,235 | $0 | $0 | |||
| JESSIE WALLACE | ||||||||
| DIRECTOR | 1.83 | Yes (X) | $27,385 | $0 | $0 | |||
| DAVID DANIEL | ||||||||
| BOARD CHAIR | 2.77 | Yes (X) | $27,394 | $0 | $0 | |||
| LARRY D MAYBERRY | ||||||||
| BOARD VICE C | 2.07 | Yes (X) | $27,311 | $0 | $1,201 | |||
| CASS RYE | ||||||||
| DIRECTOR | 1.61 | Yes (X) | $26,766 | $0 | $0 | |||
| ZACHARY HUTCHENS | ||||||||
| DIRECTOR | 0.88 | Yes (X) | $24,834 | $0 | $3,108 | |||
| ANDREW PORCH | ||||||||
| DIRECTOR | 2.86 | Yes (X) | $24,835 | $0 | $3,829 | |||
| RAYMOND H FUSSELL | ||||||||
| DIRECTOR | 1.46 | Yes (X) | $24,760 | $0 | $3,512 | |||
| TOMMY GRAHAM | ||||||||
| DIRECTOR | 1.92 | Yes (X) | $24,727 | $0 | $4,491 | |||
| RONALD AVERETT | ||||||||
| DIRECTOR | 2.45 | Yes (X) | $3,370 | $0 | $0 | |||
| KEITH CARNAHAN | ||||||||
| PRESIDENT AN | 55.00 | $252,773 | $0 | $76,088 | Yes (X) | |||
| KEN LITTLE | ||||||||
| VP-EMERG. TE | 50.00 | $156,115 | $0 | $108,925 | Yes (X) | |||
| SHANE MCCRORY | ||||||||
| VP-INFO TECH | 54.00 | $153,821 | $0 | $99,999 | Yes (X) | |||
| MIRANDA MCCALEB | ||||||||
| VP-EMPLOYEE/ | 56.00 | $154,298 | $0 | $120,840 | Yes (X) | |||
| EDWARD W GREENWELL | ||||||||
| VP-OPER. & E | 50.00 | $141,892 | $0 | $62,111 | Yes (X) | |||
| BLAKE HARPER | ||||||||
| TREASURER AN | 50.00 | $134,081 | $0 | $26,965 | Yes (X) | |||
| MELISSA SANDERSON | ||||||||
| CORPORATE SE | 40.00 | $69,224 | $0 | $80,672 | Yes (X) | |||
| JOHN L WILLIAMS | ||||||||
| GENERAL COUN | 10.00 | $24,703 | $0 | $0 | Yes (X) | |||
| KARL REYNEN | ||||||||
| EMPLOYEE | 55.00 | $131,740 | $0 | $37,178 | Yes (X) | |||
| DERLE HILL | ||||||||
| EMPLOYEE | 50.00 | $138,198 | $0 | $129,764 | Yes (X) | |||
| WILLIAM BLACKWELL | ||||||||
| EMPLOYEE | 50.00 | $130,601 | $0 | $93,191 | Yes (X) | |||
| NICHOLAS EDWARDS | ||||||||
| EMPLOYEE | 60.00 | $127,114 | $0 | $36,653 | Yes (X) | |||
| SPENCER TOTTY | ||||||||
| EMPLOYEE | 51.00 | $126,771 | $0 | $35,259 | Yes (X) | |||
| L REED DREADEN | ||||||||
| DIRECTOR | 0.00 | $32,448 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,095,967 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $924,224 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 37 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | 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 |
|---|---|---|---|---|---|
| HERITAGE COMMUNICATIONS LLC | |||||
| 148 STONE THROW LANE | CHICKAMAUGA | GA | 30707 | FIBER NETWORK | $10,088,488 |
| TREES INC | |||||
| 1700 SOLUTIONS CENTER | CHICAGO | IL | 606771700 | CONTRACT R-O-W | $2,669,754 |
| FIBER-RISE COMMUNICATION LLC | |||||
| 12060 COUNTY LINE RD SUITE J-239 | MADISON | AL | 35756 | FIBER NETWORK | $2,486,408 |
| SERVICE ELECTRIC COMPANY | |||||
| PO BOX 277790 | ATLANTA | GA | 303847790 | CONTRACT LINE | $2,401,957 |
| GUNNISON TREE SERVICES LLC | |||||
| 4960 PLANT ATKINSON ROAD | ATLANTA | GA | 30339 | CONTRACT LINE C | $526,404 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $301,805 | GovernmentGrantsAmt |
| Total Contributions | $301,805 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| ELECTRIC REVENUE | 221000 | $110,295,860 | $110,295,860 | |
| SERVICE REVENUE - ML CONNECT | 531190 | $6,619,361 | $6,619,361 | |
| POLE RENTALS | 531190 | $1,932,189 | $1,932,189 | |
| FIBER LEASE | 221000 | $277,089 | $277,089 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $119,124,499 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $194,735 | TotalRevenueColumnAmt |
| Exclusion | $194,735 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $119,621,039 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $116,915,221 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $2,404,013 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,921,346 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,330 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,660 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,492 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,006 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,280 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $452,992 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,561 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,692,660 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,556,058 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,352 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| COST OF POWER PURCHASED | $81,297,072 |
| DISTRIBUTION EXPENSE - MA | $7,612,149 |
| OPERATING EXP. - ML CONNE | $5,047,180 |
| DISTRIBUTION EXPENSE - OP | $4,616,308 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,080,844 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,651,290 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $424,170 | BOYAmt |
| EOY | $838,921 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $368,711 | BOYAmt |
| EOY | $402,269 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,170,193 | BOYAmt |
| EOY | $7,605,673 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,579,349 | BOYAmt |
| EOY | $2,551,916 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,754,963 | BOYAmt |
| EOY | $1,119,251 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,574 | BOYAmt |
| EOY | $54,458 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $253,822,278 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $92,108,460 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $138,718,129 | BOYAmt |
| EOY | $161,713,818 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,262,489 | BOYAmt |
| EOY | $1,300,414 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,315,793 | BOYAmt |
| EOY | $3,899,531 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $157,637,371 | BOYAmt |
| EOY | $179,486,251 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,597,897 | BOYAmt |
| EOY | $27,979,047 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,192,297 | BOYAmt |
| EOY | $72,999,190 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,820,983 | BOYAmt |
| EOY | $7,078,096 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,611,177 | BOYAmt |
| EOY | $108,056,333 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,740 | BOYAmt |
| EOY | $144,535 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,882,454 | BOYAmt |
| EOY | $71,285,383 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,026,194 | BOYAmt |
| EOY | $71,429,918 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $157,637,371 | BOYAmt |
| EOY | $179,486,251 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,969,749 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $6,433,975 | 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 | false | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form1120 POL Filed | false | Form1120POLFiledInd |
Section527 Political Org Section527PoliticalOrgGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NRECA ACTION COMMITTEE FOR RURAL | BusinessNameLine1Txt |
| Business Name Line2 | ELECTRIFICATION | BusinessNameLine2Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4301 WILSON BOULEVARD | AddressLine1Txt |
| City | ARLINGTON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22203 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 530116145 | EIN |
| Contributions Rcvd Dlvr | $4,150 | ContributionsRcvdDlvrAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE C, PART I-A, LINE 1 | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION WITHHELD VOLUNTARY DEDUCTIONS FROM EMPLOYEES' COMPENSATION AND COLLECTED AMOUNTS FROM INDIVIDUAL BOARD MEMBERS AND REMITTED THESE FUNDS TO THE NATIONAL RURAL ELECTRIFICATION COOPERATIVE ASSOCIATION ACTION COMMITTEE FOR RURAL ELECTRIFICATION (A POLITICAL ACTION COMMITTEE REGISTERED WITH THE FEDERAL ELECTION COMMISSION). THE ORGANIZATION DID NOT COMMIT ANY OF ITS OPERATING FUNDS TO THIS POLITICAL ACTION COMMITTEE. | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,317,589 | OtherCostOrOtherBasisAmt |
| Book Value | $1,317,589 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,083,427 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,061,925 | DepreciationAmt |
| Book Value | $7,021,502 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $91,145,283 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,142,801 | DepreciationAmt |
| Book Value | $71,002,482 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $151,275,979 | OtherCostOrOtherBasisAmt |
| Depreciation | $68,903,734 | DepreciationAmt |
| Book Value | $82,372,245 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $161,713,818 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| CUSTOMER DEPOSITS | $4,341,679 |
| CONSERVATION ADVANCES - TVA | $2,434,753 |
| TRUSTEES DEFERRED COMPENSATION | $301,664 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $7,078,096 | TotalLiabilityAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| KEITH CARNAHAN | ||||||
| PRESIDENT AND CEO | $222,866 | $1,600 | $28,307 | $48,959 | $27,129 | $328,861 |
| KEN LITTLE | ||||||
| VP-EMERG. TECH. & ML | $144,573 | $1,600 | $9,942 | $81,169 | $27,756 | $265,040 |
| SHANE MCCRORY | ||||||
| VP-INFO TECH & SUPPO | $136,761 | $1,600 | $15,460 | $72,966 | $27,033 | $253,820 |
| MIRANDA MCCALEB | ||||||
| VP-EMPLOYEE/MEMBERS | $139,360 | $1,600 | $13,338 | $91,110 | $29,730 | $275,138 |
| EDWARD W GREENWELL | ||||||
| VP-OPER. & ENGINEERI | $137,950 | $1,600 | $2,342 | $35,044 | $27,067 | $204,003 |
| BLAKE HARPER | ||||||
| TREASURER AND CFO | $122,443 | $1,600 | $10,038 | $15,319 | $11,646 | $161,046 |
| KARL REYNEN | ||||||
| EMPLOYEE | $130,210 | $1,500 | $30 | $10,389 | $26,789 | $168,918 |
| DERLE HILL | ||||||
| EMPLOYEE | $115,254 | $1,600 | $21,344 | $103,425 | $26,339 | $267,962 |
| WILLIAM BLACKWELL | ||||||
| EMPLOYEE | $120,341 | $1,600 | $8,660 | $66,316 | $26,875 | $223,792 |
| NICHOLAS EDWARDS | ||||||
| EMPLOYEE | $125,484 | $1,600 | $30 | $10,132 | $26,521 | $163,767 |
| SPENCER TOTTY | ||||||
| EMPLOYEE | $125,141 | $1,600 | $30 | $9,069 | $26,190 | $162,030 |
| L REED DREADEN | ||||||
| DIRECTOR | $27,445 | $5,003 | $32,448 | |||
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART III | FormAndLineReferenceDesc |
| Explanation | PART I, LINE 4B - DEFERRAL OF COMPENSATION MAY BE MADE BY THE CEO THROUGH A DEFERRED COMPENSATION PLAN UNAVAILABLE TO OTHER EMPLOYEES. THE COOPERATIVE DOES NOT MAKE CONTRIBUTIONS TO THE PLAN. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | THERE IS ONLY ONE CLASS OF MEMBERS. ALL MEMBERS HAVE THE RIGHT TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS (THE GOVERNING BODY OF MLEC). |
| FORM 990, PAGE 6, PART VI, LINE 7A | MEMBERS ARE ASSIGNED TO DISTRICTS BASED ON THE LOCATION OF THEIR SERVICE. EACH DISTRICT'S MEMBERS ELECT REPRESENTATIVES TO SERVE ON THE BOARD OF DIRECTORS. DIRECTORS SERVE FOUR YEAR TERMS. |
| FORM 990, PAGE 6, PART VI, LINE 7B | CHANGES TO THE BY-LAWS AS WELL AS ANY SALE OR TERMINATION OF THE COOPERATIVE WOULD HAVE TO BE APPROVED BY THE MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | IRS FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO ITS SUBMITTAL TO THE IRS. THE FORM IS ALSO REVIEWED BY THE CEO AND CFO. |
| FORM 990, PAGE 6, PART VI, LINE 15A | DETERMINATION OF THE CEO'S COMPENSATION IS CONDUCTED ANNUALLY BY THE BOARD AND INCLUDES COMPARABILITY DATA. THE PROCESS IS DELIBERATIVE AND THE RESULTS ( AND EFFECTIVE DATE) ARE DOCUMENTED. |
| FORM 990, PAGE 6, PART VI, LINE 19 | ALL MEMBERS ARE FURNISHED A COPY OF THE "BY-LAWS AND RULES AND REGULATIONS" UPON APPLICATION FOR MEMBERSHIP, OR UPON REQUEST. AUDITED FINANCIAL STATEMENTS ARE FURNISHED AS A SUMMARY IN THE ANNUAL REPORT (WITH NARRATIVE) IN THE TENNESSEE MAGAZINE. ADDITIONAL DETAIL IS FURNISHED UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | AMORT. OF ACTUARIAL GAIN-POST RETIREMENT BEN. -544,501 ACTUARIAL GAIN ARISING DURING PERIOD 6,977,681 NET CHANGE IN MEMBERSHIPS 795 TOTAL 6,433,975 |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MERIWETHER LEWIS CONNECT LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1625 HIGHWAY 100 | AddressLine1Txt |
| City | CENTERVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37033 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 824951415 | EIN |
| Primary Activities | BROADBAND | PrimaryActivitiesTxt |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Total Income | $6,921,166 | TotalIncomeAmt |
| End Of Year Assets | $2,221,982 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MLEC | BusinessNameLine1Txt |