2021-09-18T09:45:06-05:00 2020-12-31 363163136 LWG CPAS & ADVISORS 1776 N MERIDIAN ST STE 500 INIANAPOLIS IN 46202 990 2020-01-01 370524860 SOUTHEASTERN ILLINOIS ELECTRIC COOP INC SOUT 6182732611 PO BOX 1001 CARRIER MILLS IL 62917 GREGORY CRUSE MANAGER, ADMIN & FINANCE 6182732611 2021-08-24 1 GREGORY CRUSE 999009999 BRIAN D CHERRY P01355823 3176344747 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z GREGORY CRUSE PO BOX 1001 CARRIER MILLS IL 62917 88520237 0 X WWW.SEIEC.COM X 1938 IL DISTRIBUTION SALES OF ELECTRICITY TO APPROX 24,000 MEMBER OWNERS ON A PATRONAGE BASIS. 11 11 77 0 3 0 0 0 104846132 88395545 105727 104660 27373 20032 104979232 88520237 0 0 6996863 4268580 12595614 12878022 0 0 0 85386755 71373635 104979232 88520237 0 0 201137443 206583855 83369579 86007068 117767864 120576787 DISTRIBUTION SALES OF ELECTRICITY TO MEMBER OWNERS ON A PATRONAGE BASIS. 0 0 88520237 88415574 PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF 24,438 PER MONTH. 88520237 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 39 0 1 77 1 0 0 0 0 0 88395544 124692 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X GREGORY CRUSE 6182732611 PO BOX 1001 CARRIER MILLS IL 62917 JOSEPH MARLO TRUSTEE 4.48 X 12410 0 0 RICHARD RISTER TRUSTEE 1.75 X 6810 0 0 TIM SPIVEY TRUSTEE 1.46 X 5210 0 0 PAMELA BRAMLETT SEC/TREAS 1.96 X X 8810 0 0 SHANE CROSLIN VICE CHAIRMAN 1.10 X X 7610 0 0 ROBERT TIBEREND TRUSTEE 1.98 X 6003 0 0 VICTOR KNIGHT TRUSTEE 3.42 X 5606 0 0 JAMES SCHERRER TRUSTEE 4.18 X 6010 0 0 GARY HISE TRUSTEE 2.15 X 5206 0 0 DALE SCHIERBAUM CHAIRMAN 1.15 X X 7210 0 0 BRIAN JOYNER TRUSTEE 1.69 X 6010 0 0 DUSTIN TRIPP PRESIDENT & CEO 55.00 X 358891 0 173865 GREGORY CRUSE CFO 50.00 X 193620 0 118313 JEFF CRISP MGR ROW 50.00 X 167514 0 106142 JEFFREY NEUMAN ASST OP MGR 50.00 X 147092 0 98846 WILLIAM SWEAT ASST OP MGR 50.00 X 162463 0 99435 SCOTT COCHRAN SERVICEMAN 49.63 X 146493 0 62414 JAMES BOND LINE FOREMAN 51.19 X 150652 0 63905 1403620 0 722920 33 0 1 0 NRECA 4301 WILSON BLVD ARLINGTON VA 22896 EMPLOYEE BENEFITS 2829813 LINECO 77 WESTPORT PLAZA ST LOUIS MO 63146 MEDICAL INSURANCE PREMIUMS 1326058 LILLY TIMBER SERVICES 1794 EAST ST BEECHER CITY IL 62414 RIGHT OF WAY CLEARING 1030431 MVMA 11543 LAKE OF EGYPT RD MARION IL 62959 RIGHT OF WAY CLEARING 869621 FEDERATED 7725 RENNER ROAD SHAWNEE KS 66217 INSURANCE 413589 10 SALE OF ELECTRIC ENERGY 221000 86585458 86585458 CAPITAL CREDITS REVENUE 900001 1385814 1385814 OTHER REVENUES 221000 424273 424273 88395545 104660 104660 WATER HEATERS 900099 20029 20029 SOUTHERN SERVICES LLC 900000 3 3 20032 88520237 88415574 3 104660 4268580 4268580 1034126 1034126 6513263 6513263 3451988 3451988 1332130 1332130 546515 546515 100798 100798 14500 14500 2637266 2637266 5440514 5440514 COST OF POWER 61635725 61635725 DISTRIBUTION - MAINTENA 4938131 4938131 DISTRIBUTION - OPERATIO 1555041 1555041 ADMINISTRATION & GENERA 1484140 1484140 -6432480 -6432480 88520237 88520237 0 0 629883 639217 583591 2568375 1692039 2206665 353311 354602 195380220 61260867 131887861 134119353 63300798 64500527 2689960 2195116 201137443 206583855 3248942 6255010 56550716 53609582 23569921 26142476 83369579 86007068 X 93795 93790 990465 935961 116683604 119547036 117767864 120576787 201137443 206583855 X 0 2808923 X X 0 1 X 1 0 515184 515184 14823651 1662711 13160940 180041385 59598156 120443229 134119353 INVEST ASSOC ORG SIPC PATRONAGE 59803466 C INVEST ASSOC ORG NRUCFC PAT CAP 1920900 C INVEST ASSOC. ORG MISC PAT CAP 739248 C INVEST ASSOC-SUBCRIBE TO NRUCFC 1326693 C INVEST. ASSOC.-NRUCFC LOAN CTC'S 683259 C INVEST ASSOC ORG-MEMBERSHIPS 6700 C OTH INVESTMENTS-SOUTHERN SERVICE 11764 C OTHER INVESTMENTS 8497 C 64500527 ACCRUED EXPENSES 1379195 CONSUMER DEPOSITS 1258667 OTHER DEFERRED CREDITS 266320 POSTRETIREMENT BENEFIT OBLIGATION 11879932 SHORT TERM PAYABLE 4151801 DEFERRED REVENUE 1500000 DEFERRED POWER BILL CREDIT 2706561 DEFERRED CREDITS-ELEC PREPAYMENT 3000000 26142476 88520237 0 88520237 0 88520237 84251657 0 84251657 4268580 4268580 88520237 PART XII, LINE 4B - OTHER ADJUSTMENTS: CURRENT YEAR NET MARGINS FORM 990, SCHEDULE D, PART XII, LINE 4B DURING THE YEAR MEMBERS WERE ALLOCATED $7,271,481 IN PATRONAGE FROM THE COOPERATIVE'S EQUITY OF WHICH, $4,268,580 WERE FROM CURRENT YEAR NET MARGINS. X X 0 0 0 DUSTIN TRIPP PRESIDENT & CEO 348627 0 0 0 10264 0 129078 0 44787 0 532756 0 0 0 GREGORY CRUSE CFO 187810 0 0 0 5810 0 81081 0 37232 0 311933 0 0 0 JEFF CRISP MGR ROW 164262 0 0 0 3252 0 70679 0 35463 0 273656 0 0 0 WILLIAM SWEAT ASST OP MGR 157928 0 0 0 4535 0 64839 0 34596 0 261898 0 0 0 JEFFREY NEUMAN ASST OP MGR 145507 0 0 0 1585 0 64839 0 34007 0 245938 0 0 0 JAMES BOND LINE FOREMAN 150602 0 0 0 50 0 38724 0 25181 0 214557 0 0 0 SCOTT COCHRAN SERVICEMAN 146443 0 0 0 50 0 37600 0 24814 0 208907 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MUST BE A MEMBER TO RECEIVE ELECTRIC SERVICE. EACH MEMBER HAS 1 VOTE. MAY HAVE MORE THAN 1 SERVICE PER MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A TRUSTEES ARE ELECTED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B BYLAW AMENDMENTS REQUIRE MEMBERSHIP APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B TRUSTEES ARE FURNISHED A DRAFT COPY TO REVIEW PRIOR TO FILING. MAY MAKE INQUIRIES OF INFORMATION CONTAINED IN THE FILING. ADDITIONALLY, TRUSTEES MEET WITH THE INDEPENDENT AUDITOR IN A CLOSED SESSION AND ARE ABLE TO ASK QUESTIONS AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL INTERNAL REVIEW FORM 990, PART VI, SECTION B, LINE 15 NON-BARGAINING EMPLOYEES- WAGES AND SALARY PLAN HAS BEEN DEVELOPED BASED ON STATE, REGIONAL, AND NATIONAL SURVEY OF ELECTRIC COOPERATIVES. WAGES BASED ON JOB CLASSIFICATIONS AND RESPONSIBILITIES. BARGAINING EMPLOYEES- BASED ON CONTRACT NEGOTIATIONS. FORM 990, PART VI, SECTION C, LINE 19 BYLAWS AND ANNUAL FINANCIAL STATEMENTS ARE GIVEN TO EACH MEMBER ON ANNUAL BASIS. EACH YEAR ANNUAL MEETING OF MEMBERS IS HELD. FORM 990, PART XI, LINE 9: REFUND OF CAPITAL CREDITS -1,847,555. OTHER EQUITIES 442,401. MARGINS ALLOCATED TO MEMBERS 4,268,581. POST RETIREMENT BENEFIT - OTHER COMPREHENSIVE INCOME -54,504. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE FROM PRIOR YEAR.