2022-11-15T11:41:30-06:00 2021-12-31 631035228 Jackson Thornton & Co PC PO Box 96 Montgomery AL 361010096 990 2021-01-01 630049012 Coosa Valley Electric Cooperative Inc COOS 2563624180 PO Box 837 Talladega AL 35161 Jon Cullimore General Manager 2563624180 2022-11-15 1 Jon Cullimore XXX-XX-XXXX Patrick Cooper P00856177 3348347660 2022-11-15 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z Jon Cullimore PO Box 837 Talladega AL 35161 42681564 0 X www.coosavalleyec.com X 1939 AL Coosa Valley Electric Cooperative is a member owned and operated total energy cooperative providing economic and community development while delivering high quality services at competitive rates with competent and well-trained employees adhering to strong and ethical business practices. 7 7 64 0 0 0 0 0 40931068 42123557 141567 25578 48898 532429 41121533 42681564 0 30801 2290307 2184537 598045 769155 0 0 0 38233181 39697071 41121533 42681564 0 0 115936662 137764324 64500280 85025194 51436382 52739130 X Coosa Valley Electric Cooperative is a member owned and operated total energy cooperative providing economic and community development while delivering high quality services at competitive rates with competent and well-trained employees adhering to strong and ethical business practices. 0 0 Coosa Valley Electric Cooperative is a member-owned distribution cooperative which provides electric service to approximately 13,942 members located in Alabama. 0 0 0 0 0 0 0 0 0 1 1 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 0 1 1 0 0 1 43 0 1 64 1 0 0 0 0 0 0 0 41394217 1033153 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 0 0 1 1 0 0 0 X Kim Maye 2563624180 PO Box 837 Talladega AL 35161 Mary Land Director 2.00 X X 21450 0 0 Marilyn George Davis Vice President 2.00 X 26100 0 0 Buddy Watson Secretary/Treasurer 2.00 X X 20450 0 0 John M Davis President 2.00 X X 24850 0 0 Michael Hubbard Director 2.00 X 23900 0 0 Sammy Gallman Director 2.00 X 28850 0 0 Robert Dixon Director 2.00 X 26100 0 0 Leland Fuller General Manager 50.00 X 325527 0 81967 Kim Maye CFO 50.00 X 124421 0 65540 Ryan Hart Mgr Engineering 50.00 X 156960 0 45713 Jon Cullimore Mgr Marketing 50.00 X 127397 0 58860 Aaron Pate Asst Operations Mgr 60.00 X 137355 0 64338 Ray Brewer Mgr Operations 60.00 X 127931 0 108776 Roy Henderson Crewchief 60.00 X 129554 0 58613 1300845 0 483807 7 0 1 0 Broadband Technical Resources Inc 1531 Hunt Club Blvd Suite 210 Gallatin TN 37066 Fiber Internet Labor 3871673 GoodGame Company Inc 2311 3rd Ave South Pell City AL 35168 Remodel Construction 2162892 FiberRise Communications LLC 12060 County Line Road Suite J-239 Madison AL 35756 Fiber Internet Design 2086477 Tree Services of Alabama 1016 Jewell Rd Oxford AL 36203 Right of Way Trimming/Right of Way Spray 322068 Utility Design Partners PO Box 722 Lincoln AL 35096 Fiber Internet Design 299105 8 Electric Sales 221000 41172059 41172059 G&T and Other Cap Cred 221000 951498 951498 42123557 25578 25578 476352 0 476352 476352 476352 Non Operating Margins 221000 56077 56077 56077 42681564 42123557 0 558007 X 30801 2184537 769155 1999132 3546071 Cost of Power 23437195 Distribution Maintenanc 4253739 General and Administrat 3331742 Customer Service and In 1610528 1518664 42681564 2272564 3216691 3842830 4452589 2659106 3132395 1394849 2654665 1062760 456234 134703962 31498081 84316737 103205881 19561407 19816259 826409 829610 115936662 137764324 4948850 6005691 57837055 77252654 1714375 1766849 64500280 85025194 X 71510 72595 0 0 51364872 52666535 51436382 52739130 115936662 137764324 X 0 1302748 X 0 1 X 0 0 145129 145129 12288990 2198201 10090789 122269843 29299880 92969963 103205881 Investment in Subsidary Companies 1094918 C Investment in Associated Org - Patronage Captial 17887430 C Investment in Associated Org - Other Nongeneral Funds -66089 C Economic Development Loans Receivable 900000 C 19816259 Consumer Deposits 1640179 Deferred Interest Costs 14594 Other Deferred Credits - Scholarship Donations 112076 1766849 X Part X, Line 2: Management has evaluated the Cooperative's tax positions and concluded that the Cooperative has taken no uncertain tax positions that require adjustment to the consolidated financial statements. X 0 0 0 Leland Fuller General Manager 325527 0 0 0 0 0 80404 0 1563 0 407494 0 0 0 Ray Brewer Mgr Operations 127931 0 0 0 0 0 107213 0 1563 0 236707 0 0 0 Ryan Hart Mgr Engineering 156960 0 0 0 0 0 44150 0 1563 0 202673 0 0 0 Aaron Pate Asst Operations Mgr 137355 0 0 0 0 0 62775 0 1563 0 201693 0 0 0 Kim Maye CFO 124421 0 0 0 0 0 63977 0 1563 0 189961 0 0 0 Roy Henderson Crewchief 129554 0 0 0 0 0 57050 0 1563 0 188167 0 0 0 Jon Cullimore Mgr Marketing 127397 0 0 0 0 0 57297 0 1563 0 186257 0 0 0 Form 990, Part VI, Section A, line 6 The Organization is a member-owned electrical co-op under section 501(c)(12). Form 990, Part VI, Section A, line 7a Members have voting rights in accordance with the bylaws. 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 A copy of the Form 990 is provided to the organization's governing body before it is filed. The governing body reviews the return and reconciles the amounts presented to the audited financial statements. Once the organization's governing body is satisfied that the amounts presented reconcile appropriately, the return is approved by the organization's governing body for signature and mailing. Form 990, Part VI, Section C, line 19 The organization's financial statements are made available to the public upon request. Form 990, Part IX, Line 4 The instructions to the Form 990 indicate that organizations exempt under Section 501(c)(12) should report "patronage dividends paid" to their members in Part IX, Line 4 of the Form 990. The Cooperative has interpreted the words "patronage dividends paid" in the instructions to mean margins that are assigned or assignable to the members. The 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: Changes in membership 1,085. Retirement of capital credits -691,455. Capital credit gains 330,604. 4% refund allocation 8,304. Margins assigned to members 2,184,537. Equity earnings of subsidiaries -530,327. Coosa Valley Propane Services Inc PO Box 6107 Talladega AL 35161 631182943 Propane Gas Sales AL Coosa Valley Electric Cooperative C 968902 1.00000 1 DeKalb County LP Gas Company Inc PO Box 6107 Talladega AL 35161 630477642 Propane Gas Sales AL Coosa Valley Propane Services Inc C 1049399 4090045 1.00000 1 Coosa Valley Technologies Inc 69220 AL HWY 77 Talladega AL 35160 854060207 Telecomunications AL Coosa Valley Electric Cooperative C 993261 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Coosa Valley Technologies Inc D 500000 Cash