PIONEER ELECTRIC COOPERATIVE INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: PIONEER ELECTRIC COOPERATIVE INC (EIN 63-0033945)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-10-25
IRS object ID: 202132989349300813
Schema version: 2020v4.1
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
Form 990
Schedule D
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-10-25T09:42:18-05:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	631035228	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Jackson Thornton & Co PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 96	AddressLine1Txt
City	Montgomery	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	361010096	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	630033945	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Pioneer Electric Cooperative Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	PION	BusinessNameControlTxt
Phone	3343826636	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 468	AddressLine1Txt
City	Greenville	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	36037	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Terry Moseley	PersonNm
Person Title	General Manager	PersonTitleTxt
Phone	3343826636	PhoneNum
Signature	2021-09-08	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	Terry	PersonFirstNm
Person Last	Moseley	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Patrick Cooper	PreparerPersonNm
PTIN	P00856177	PTIN
Phone	3348347660	PhoneNum
Preparation	2021-09-08	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	Terry Moseley	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 468	AddressLine1Txt
City	Greenville	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	36037	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$28,543,090	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	www.pioneerelectric.com	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1940	FormationYr
Legal Domicile State	AL	LegalDomicileStateCd
Activity Or Mission	To safely deliver reliable service, in a timely and courteous manner, at the lowest possible cost to our members.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	51	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$29,423,111	PYProgramServiceRevenueAmt
CY Program Service Revenue	$28,278,744	CYProgramServiceRevenueAmt
PY Investment Income	$109,259	PYInvestmentIncomeAmt
CY Investment Income	$83,288	CYInvestmentIncomeAmt
PY Other Revenue	$182,788	PYOtherRevenueAmt
CY Other Revenue	$181,058	CYOtherRevenueAmt
PY Total Revenue	$29,715,158	PYTotalRevenueAmt
CY Total Revenue	$28,543,090	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$2,733,944	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$2,281,925	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$987,914	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,102,526	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$25,993,300	PYOtherExpensesAmt
CY Other Expenses	$25,158,639	CYOtherExpensesAmt
PY Total Expenses	$29,715,158	PYTotalExpensesAmt
CY Total Expenses	$28,543,090	CYTotalExpensesAmt
PY Revenues Less Expenses	$0	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$0	CYRevenuesLessExpensesAmt
Total Assets BOY	$80,370,321	TotalAssetsBOYAmt
Total Assets EOY	$87,240,018	TotalAssetsEOYAmt
Total Liabilities BOY	$53,438,412	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$59,095,930	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$26,931,909	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$28,144,088	NetAssetsOrFundBalancesEOYAmt
Mission	To safely deliver reliable service, in a timely and courteous manner, at the lowest possible cost to our members.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	Pioneer Electric Cooperative, Inc. has grown to cover the rural areas of four South Central Alabama counties, serving approximately 10,000 members with 13,000 meters. The service area of Pioneer Electric Cooperative, Inc. primarily covered Butler, Lowndes, Dallas and Wilcox counties. Its service area also extended into five other counties which included parts of Autauga, Crenshaw, Covington, Conecuh and Monroe counties. Utilizing 2,754 miles of electric distribution lines, Pioneer Electric Cooperative, Inc. sold 169,763,181 kilowatt hours of electric energy to its cooperative members in 2020.	Desc
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	0	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	Yes (1)	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	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	28	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	51	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
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	$27,755,040	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$643,968	OtherSourcesGrossIncomeAmt
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	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	Yes (1)	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
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Lauren Smith	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3343826636	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	300 Herbert Street	AddressLine1Txt
City	Greenville	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	36037	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 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
John Henry
Trustee - President	5.40	Yes (X)	$24,750	$0	$0
Melvia Carter
Trustee - Vice President	4.70	Yes (X)	$22,900	$0	$0
David Lyon Jr
Trustee	3.10	Yes (X)	$20,400	$0	$0
Thomas Duncan
Trustee	5.30	Yes (X)	$21,650	$0	$0
George Thompson
Trustee	3.90	Yes (X)	$21,150	$0	$0
Glenn E Branum
Trustee - Secretary	3.40	Yes (X)	$20,200	$0	$0
Melvin Dale
Trustee	6.80	Yes (X)	$22,650	$0	$0
Linda Arnold
Trustee	4.40	Yes (X)	$23,650	$0	$0
Joshua C Gardner
Trustee	4.00	Yes (X)	$22,850	$0	$0
Terry Moseley
General Manager	40.00		$191,510	$0	$91,546	Yes (X)
Cleveland Poole
VP of Economic Development	40.00		$136,579	$0	$80,706	Yes (X)
Lauren Smith
VP of Accounting & Finance	40.00		$116,993	$0	$59,498	Yes (X)
Phillip Baker
VP of Engineering and Oper	40.00		$159,933	$0	$65,561	Yes (X)
Linda Horn
VP of Member Services	40.00		$121,606	$0	$45,490		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$926,821	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$342,801	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	5	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
Asplundh Tree Expert Company
PO Box 532729	Atlanta	GA	30353	Right of Way Clearing	$1,277,292
Lee Electrical Construction LLC
PO Box 55	Aberdeen	NC	28315	Storm Restoration - Hurricane Zeta	$324,051
Osmose Utility Services Inc
PO Box 117284	Atlanta	GA	30368	Pole Treatment	$163,877

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	3	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Sales of electricity	221000	$27,755,040	$27,755,040
Patronage allocations	221000	$523,704	$523,704

Field	Value	IRS element (for citing)
Total Program Service Revenue	$28,278,744	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$69,761	TotalRevenueColumnAmt
Exclusion	$69,761	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Personal	$144,081	PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Personal	$0	PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Personal	$144,081	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$144,081	TotalRevenueColumnAmt
Exclusion	$144,081	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$13,527	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$0	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	$13,527	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$13,527	TotalRevenueColumnAmt
Exclusion	$13,527	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	Non-operating Income	Desc
Business	221000	BusinessCd
Total Revenue Column	$36,977	TotalRevenueColumnAmt
Related Or Exempt Func Income	$36,977	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$36,977	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$28,543,090	TotalRevenueColumnAmt
Related Or Exempt Func Income	$28,315,721	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$227,369	ExclusionAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$2,281,925	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,102,526	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,042,299	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$3,151,445	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
Cost of power	$12,365,175
Distribution - Maintena	$3,755,837
Administrative & genera	$1,195,465
Consumer accounts expen	$943,476

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,704,942	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$28,543,090	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$2,509,582	BOYAmt
EOY	$6,536,819	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,715,409	BOYAmt
EOY	$3,324,124	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$111,972	BOYAmt
EOY	$96,750	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$322,817	BOYAmt
EOY	$326,800	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$5,583,553	BOYAmt
EOY	$5,480,701	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$86,678,774	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$31,692,213	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$53,003,466	BOYAmt
EOY	$54,986,561	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$14,780,883	BOYAmt
EOY	$15,187,643	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$1,342,639	BOYAmt
EOY	$1,300,620	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$80,370,321	BOYAmt
EOY	$87,240,018	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,860,709	BOYAmt
EOY	$2,704,111	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$49,839,812	BOYAmt
EOY	$54,397,166	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,737,891	BOYAmt
EOY	$1,994,653	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$53,438,412	BOYAmt
EOY	$59,095,930	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	$0	BOYAmt
EOY	$0	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	$26,931,909	BOYAmt
EOY	$28,144,088	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$26,931,909	BOYAmt
EOY	$28,144,088	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$80,370,321	BOYAmt
EOY	$87,240,018	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$0	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$1,212,180	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)
Investment Cost Or Other Basis	$841,034	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$260,497	OtherCostOrOtherBasisAmt
Book Value	$1,101,531	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,004,492	OtherCostOrOtherBasisAmt
Depreciation	$2,968,388	DepreciationAmt
Book Value	$2,036,104	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$80,572,751	OtherCostOrOtherBasisAmt
Depreciation	$28,723,825	DepreciationAmt
Book Value	$51,848,926	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$54,986,561	TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (11 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
Patronage Capital - CoBank	$227,942	C
Patronage Capital - Other	$57,514	C
Patronage Capital - PowerSouth Energy Cooperative	$10,037,226	C
Patronage Capital - GRESCO	$183,538	C
Patronage Capital - NRUCFC	$2,090,174	C
Patronage Capital - NISC	$87,343	C
Patronage Capital - Federated Rural Electric Insurance Exchange	$221,426	C
CFC Loan Retained	$2,215,516	C
Patronage Capital - United Utility	$59,501	C
Investments in economic development projects	-$903	C
Other investments in associated organizations	$8,366	C

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$15,187,643	TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
Consumer deposits	$1,402,948
Pension benefit obligation	$38,473
Unclaimed capital credits	$553,232

Field	Value	IRS element (for citing)
Total Liability	$1,994,653	TotalLiabilityAmt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 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
Terry Moseley
General Manager	$186,446	$0	$0	$0	$5,064	$0	$72,832	$0	$18,714	$0	$283,056	$0	$0	$0
Phillip Baker
VP of Engineering and Oper	$158,440	$0	$0	$0	$1,493	$0	$47,979	$0	$17,582	$0	$225,494	$0	$0	$0
Cleveland Poole
VP of Economic Development	$133,684	$0	$0	$0	$2,895	$0	$62,928	$0	$17,778	$0	$217,285	$0	$0	$0
Lauren Smith
VP of Accounting & Finance	$116,532	$0	$0	$0	$461	$0	$41,983	$0	$17,515	$0	$176,491	$0	$0	$0
Linda Horn
VP of Member Services	$116,153	$0	$0	$0	$5,453	$0	$40,422	$0	$5,068	$0	$167,096	$0	$0	$0

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Calvin Poole	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Relationship Description	Family member of Cleveland Poole,VP of Economic Development & Legal Affairs	RelationshipDescriptionTxt
Transaction	$18,997	TransactionAmt
Transaction	Attorney Retainer	TransactionDesc
Sharing Of Revenues	0	SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section A, line 6	Pioneer Electric Cooperative is a not-for-profit membership organization whose members have identical voting rights and are assigned margins in accordance with the cooperative's bylaws.
Form 990, Part VI, Section A, line 7a	The members of Pioneer Electric Cooperative may elect one or more members of the governing body at the annual meeting.
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	The Form 990 was reviewed by management before it was presented to the Board of Trustees. The external accountant who assisted management in the preparation of the Form 990 conducted a formal review of the Form 990 with the Trustees at the monthly board meeting before the Form 990 was filed.
Form 990, Part VI, Section B, line 12c	On an annual basis, Pioneer Electric Cooperative requires disclosure of potential conflicts of interests on a questionnaire. These are then reviewed by the accounting staff at the Cooperative. If conflicts are found, they are reported to the Board (in the case of conflicts of interest involving Board Members or the General Manager) or to the General Manager (in the case of conflicts of interest involving Key Employees).
Form 990, Part VI, Section B, line 15	Information is gathered from state and national electric cooperative organizations to insure that levels of compensation are within statistical norms of the industry. For the General Manager's compensation, the Board of Trustees review the facts and figures and determine the rate of compensation. For the key staff, the general manager gives an overview of the salaries as they compare with state and national averages with the Board, though he makes the final determination.
Form 990, Part VI, Section C, line 19	The governing documents, conflict of interest policy, and financial statements are available upon request at Pioneer Electric Cooperative's main office in Greenville, Alabama. The Cooperative's By-Laws are also available on its Website.
Form 990, Part XI, line 9:	Patronage Allocation of Current Year Margins to Members 2,281,925. Retirement of Capital Credits -1,203,391. Utility Tax Refund Assigned Directly to Members 133,664. Reclaimed Capital Credits -18.
Form 990, Part XII, Line 2	Pioneer Electric Cooperative's financial statement year end differs from its tax year end. The cooperative receives audited financial statements on an annual basis for the year ended June 30th.