2021-10-25T07:11:46-05:00 2021-06-30 620808829 WINNETT ASSOCIATES PLLC PO BOX 745 SHELBYVILLE TN 371620745 990 2020-07-01 620395590 VOLUNTEER ENERGY COOPERATIVE VOLU 4233341020 P O BOX 277 DECATUR TN 37322 RODERICK R BLEVINS PRESIDENT/CEO 4233341020 2021-10-18 true RODERICK R BLEVINS 999009999 PATRICK R LILE P01067422 9316847142 2021-10-20 X 2020 2022-09-23 18:48:47Z RODERICK R BLEVINS P O BOX 277 DECATUR TN 37322 247936270 false X WWW.VEC.ORG X 1935 TN TO PROVIDE ELECTRIC ENERGY AND RELATED SERVICES TO RURAL AREAS. THE COOPERATIVE SERVICES 121,363 CUSTOMERS. 12 12 158 0 0 239926641 241040182 1092404 3158887 3657709 3737201 244676754 247936270 0 0 10458954 9786271 0 0 225555307 224391321 236014261 234177592 8662493 13758678 341075531 355734071 73392112 68190700 267683419 287543371 NONE false false TO PROVIDE ELECTRIC ENERGY AND RELATED SERVICES TO RURAL AREAS. THE COOPERATIVE SERVICES 121,363 CUSTOMERS. false false false false false false false false false true false false false true false false true false false false false false false false false false false false true false false false false false false false false false false true true true true false true 67 0 158 true false false false false false 241040181 3776721 false false false X 12 12 false false false false true true false true true false false true true true true false true true true false X MARK VERSTYNEN 4233341020 18359 HWY 58 NORTH DECATUR TN 37322 RODERICK R BLEVINS PRESIDENT/CE 50.00 1.00 X 324421 0 165158 LOUIS M DELORENZO AREA MANAGER 45.00 X 148559 0 100002 PAUL KILLIAN WORKING/SUB 53.00 X 161994 0 51894 MARK VERSTYNEN VP ACCOUNTIN 50.00 2.00 X 132526 0 45671 SCOTT DULANEY LINEMAN 45.00 X 143626 0 30078 MICHAEL BICE LINEMAN 48.00 X 144038 0 22948 ANTHONY MANN LINEMAN 51.00 X 140162 0 22948 TIM HANDLER ASST SEC/TRE 4.00 0.00 X X 12652 0 0 AUBIE SMITH VICE CHAIRMA 6.00 0.50 X X 12652 0 0 KEITH PHILLIPS DIRECTOR 8.00 0.00 X 12352 0 0 MIKE FRAZIER DIRECTOR 8.00 0.00 X 12124 0 0 WILLIAM J CAMPBELL DIRECTOR 8.00 1.00 X 11524 0 0 JERRY HENLEY DIRECTOR 6.00 0.50 X 11224 0 0 SAMMY NORTON SECRETARY/TR 4.50 0.00 X X 11224 0 0 LARRY STORIE CHAIRMAN 10.00 0.00 X X 11224 0 0 DAVID J MILEN DIRECTOR 4.00 0.00 X 9724 0 0 RANDY BOND DIRECTOR 4.00 0.00 X 9124 0 0 LANEY COLVARD JR DIRECTOR 5.00 X X 8054 0 0 SCOTT HUMBERD DIRECTOR 7.00 X 5100 0 0 KENNETH CAREY JR DIRECTOR 5.50 1.00 X 2659 0 0 JOHN BUCHANAN DIRECTOR 4.00 0.00 X 1800 0 0 1326763 438699 58 false true false SERVICE ELECTRIC COMPANY P O BOX 277790 ATLANTA GA 30384 LINE CONSTRUCT. 5831290 WA KENDALL AND COMPANY LLC PO BOX 831 LAWRENCEVILLE GA 30046 ROW CLEARING 4335662 MPS INC P O BOX 3178 CLEVELAND TN 37320 LINE CONSTRUCT. 2877918 GALLOWAY CONSTRUCTION LLC P O BOX 69 SUNBRIGHT TN 37872 LINE CONSTRUCTI 2584818 SUPERIOR TELECOM INC P O BOX 308 SUNBRIGHT TN 37872 LINE CONSTRUCTI 1828430 13 SALE OF ELECTRIC ENERGY 221000 240259811 240259811 PROPANE SALES 221000 597849 597849 NATURAL GAS SALES 221000 108839 108839 MISCELLANEOUS PROGRAM SERVICE 221000 73683 73683 241040182 1308834 1308834 3737201 3737201 3737201 3737201 1850053 1850053 1850053 1850053 247936270 242890235 5046035 584837 7963286 534491 703657 61684 66808 69634 780043 2664919 582580 17944282 670075 COST OF POWER 182257679 DISTRIBUTION EXPENSE 11401538 ADMINISTRATIVE AND GENERA 4012286 ALL OTHER EXPENSES 2104377 1775416 234177592 0 0 0 22820433 26765535 23062528 22292015 15968804 16271467 4753688 6197168 5834349 10789303 714432 97591 525432246 264744617 256248614 260687629 8442711 9324265 3229972 3309098 341075531 355734071 46165444 43697355 16708305 13836844 10518363 10656501 73392112 68190700 X 462795 472365 267220624 287071006 267683419 287543371 341075531 355734071 X 13758678 6101274 X X false true X false true true 2935312 2935312 26179587 7831242 18348345 487315002 256913375 230401627 9002345 9002345 260687629 CUSTOMER DEPOSITS 5267521 ADVANCES FROM TVA 4188001 OTHER CURRENT LIABILITIES 1200979 10656501 X X false false false RODERICK R BLEVINS PRESIDENT/CEO 317989 6432 147839 17319 489579 LOUIS M DELORENZO AREA MANAGER 142428 6131 82841 17161 248561 PAUL KILLIAN WORKING/SUB FOREMAN 160478 1516 43062 8832 213888 MARK VERSTYNEN VP ACCOUNTING & FINA 132111 415 28648 17023 178197 SCOTT DULANEY LINEMAN 143281 345 14399 15679 173704 MICHAEL BICE LINEMAN 143924 114 7269 15679 166986 ANTHONY MANN LINEMAN 139957 205 7269 15679 163110 FORM 990, PART VI THE COOPERATIVE'S PURCHASING POLICY REQUIRES ALL BIDS FOR EQUIPMENT, MATERIAL, AND CONTRACT LABOR THAT EXCEEDS 25,000 TO BE APPROVED BY THE BOARD OF DIRECTORS. THIS WOULD INCLUDE A MULIT-YEAR CONTRACT THAT EXCEEDS 25,000. FORM 990, PAGE 6, PART VI, LINE 6 VOLUNTEER ENERGY COOPERATIVE HAS 121,363 MEMBERS TO WHOM IT PROVIDES ELECTRICITY. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS OF VOLUNTEER ENERGY COOPERATIVE ELECT THE BOARD MEMBERS ANNUALLY THROUGH A DEMOCRATIC PROCESS. FORM 990, PAGE 6, PART VI, LINE 11B THE INDEPENDENT CPA FIRM THAT PREPARES THE FORM WILL REVIEW THE ORGANIZATION'S FORM 990 WITH THE BOARD OF DIRECTORS BEFORE IT IS SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C A CONFLICT OF INTEREST QUESTIONNAIRE FORM IS SENT OUT TO THE BOARD OF DIRECTORS, THE VICE PRESIDENTS, AND THE AREA MANAGERS TO COMPLETE AND SIGN EACH YEAR. ALSO, ANY MAJOR PURCHASES OF 10,000.00 OR MORE MUST BE APPROVED BY THE ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION FOR THE PRESIDENT/CEO ON AN ANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION FOR THE OFFICERS OF VEC ON AN ANNUAL BASIS. THE OFFICERS DETERMINE THE COMPENSATION FOR THE REST OF THE STAFF. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE LOCAL OFFICE. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE PRESIDENT/CEO. FORM 990, PART XI, LINE 9 ACTUARIAL LOSS-RETIREE HEALTH PLAN -775 ACTUARIAL GAIN-RETIREE PENSION PLAN 4,842,518 AMORT. OF ACTUARIAL LOSS - RETIREE HEALTH PLAN 203,398 AMORT. OF ACTUARIAL LOSS - RETIREE PENSION PLAN 1,114,756 MEMBERSHIP FEE CHANGE 9,570 SETTLEMENT LOSS-RETIREE PENSION PLAN 540,459 ASSUMPTION CHANGE - RETIREE PENSION PLAN -608,652 TOTAL 6,101,274 FORM 990, PAGE 12, PART XII, LINE 2C AUDIT OVERSIGHT PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. VOLUNTEER ENERGY PROPANE LLC P O BOX 277 DECATUR TN 37322 621794721 PROPANE SA TN 597849 953705 VEC VEC CUSTOMERS SHARE INC PO BOX 277 DECATUR TN 37322 621861476 CHARITABLE TN 501C3 7 VEC true false false false false false false false false false false false true false true true false false true false VEC CUSTOMERS SHARE INC R 347638 VALUE OF CASH TRANSFERRED