2021-11-18T15:47:01-06:00 2020-12-31 731293012 BRISCOE BURKE & GRIGSBY LLP 4120 E 51ST STREET TULSA OK 741353639 990 2020-01-01 730579543 LAKE REGION ELECTRIC COOPERATIVE INC LAKE 9187722526 PO BOX 127 HULBERT OK 744410127 HAMID VAHDATIPOUR GENERAL MANAGER/CEO 9187722526 2021-11-16 true HAMID VAHDATIPOUR 999009999 CALEB A RODGERS CPA P02068749 9187498337 2021-11-17 2020 2022-09-23 18:48:47Z HAMID VAHDATIPOUR PO BOX 127 HULBERT OK 74441 53449165 false X WWW.LRECOK.COOP X 1949 OK TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. 7 7 109 5006888 0 45754604 45005491 389536 424069 4422539 5989297 50566679 51418857 0 3539099 3987229 1595293 1753325 0 0 45290702 45586848 50425094 51327402 141585 91455 150765905 170354416 96037301 112570929 54728604 57783487 X TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. false false TO PROVIDE ELECTRICITY TO OUR MEMBERS - 25,293 ACTIVE SERVICES AT YEAR-END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS AND WERE ALLOCATED PATRONAGE CAPITAL. VOICE AND INTERNET SERVICES false false false false false false false false false true true false false true true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 7 0 false 109 true true true false false false false 49418254 1680142 false false false X 7 7 false false false false true true true true true false false false true true false true false true true false OK X LAKE REGION ELECTRIC COOPERATIVE 9187722526 PO BOX 127 HULBERT OK 744410127 HAMID VAHDATIPOUR GENERAL MANA 45.00 X 300658 0 227249 BEN MCCOLLUM DIR FINANCE 40.00 X 139606 0 90037 LOGAN PLEASANT DIR OF OPERA 40.00 X 162269 0 63560 JASON YOUNGBLOOD LINEMAN 40.00 X 131334 0 70196 JASON STEELEY LINEMAN 40.00 X 141002 0 44987 JON ENKEY LINEMAN 40.00 X 107740 0 51881 JAMES MANES PRESIDENT 8.00 X 40876 0 0 GARY COOPER DIRECTOR 8.00 X 36676 0 0 LYNN LAMONS VICE PRESIDE 6.00 X 36676 0 0 RANDALL SHANKLE SECRETARY/TR 3.00 X 36676 0 0 JAMES WALLS DIRECTOR 3.00 X 33676 0 0 DIANNE MAYFIELD DIRECTOR 3.00 X 21212 0 0 JACK TEAGUE ASST. SEC/TR 10.00 X 17012 0 0 1205413 547910 6 false true false RIGGS TREE SERVICE PO BOX 453225 GROVE OK 74345 ROW CONTRACTOR 771154 GRAY TREE LLC PO BOX 46 OKAY OK 74446 ROW CONTRACTOR 546383 RES SYSTEM 3 LLC 1610 ARDEN WAY STE 280 SACRAMENTO CA 95815 HV CONTRACTOR 330900 JCL POWER 268 COOKS POINT DRIVE BOYCE LA 71409 HV CONTRACTOR 285064 PROGRESSIVE SOLUTIONS LLC PO BOX 1130 MARSHALL AR 72650 ROW CONTRACTOR 173378 5 X SALES OF ELECTRICITY 221000 42700380 42700380 PATRONAGE DIVIDENDS 221000 2126461 2126461 PATRONAGE DIVIDENDS - 990-T 517000 178650 178650 45005491 399340 399340 676972 676972 676972 676972 24729 24729 24729 24729 6895216 2030308 4864908 4828238 36670 OTHER NON-OPERATING INCOME 447417 447417 447417 51418857 44826841 5006888 1585128 3987229 980353 772972 17844 2441197 5326673 COST OF POWER 25962266 DISTRIBUTION EXPENSE 5349587 GENERAL & ADMINISTRATIVE 2348489 CONSUMER EXPENSE 1732146 2408646 51327402 0 0 0 910595 2138464 1000000 13752432 13683494 3687322 3224906 861375 625542 172692499 47294311 107114817 125398188 23296004 24726099 143360 319488 238235 150765905 170354416 9137240 10454896 79809524 94275884 7090537 7840149 96037301 112570929 X 101955 103415 1981277 2331774 52645372 55348298 54728604 57783487 150765905 170354416 X 91455 2963428 X false true X true false 77303 77303 4544374 3653815 890559 168070822 43640496 124430326 125398188 INVESTMENTS IN ASSOCIATED 24601541 INVESTMENT IN ASSOCIATED 124558 24726099 POST-RETIREMENT BENEFIT OBLIGATIONS 4824505 CONSUMER DEPOSITS 2285588 DEFERRED CREDITS 1933075 OTHER LIABILITIES -1203019 7840149 X 51534114 115257 115257 51418857 51418857 47363975 47363975 3963427 3963427 51327402 SCHEDULE D, PAGE 3, PART X THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES WITH REGARD TO SALES OF ELECTRICITY TO ITS MEMBERS. SCHEDULE D, PAGE 4, PART XI, LINE 2D EQUITY GAIN IN SUBSIDIARY 115,257 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE DIVIDENDS - ASSIGNED 3,963,427 X X false false false HAMID VAHDATIPOUR GENERAL MANAGER/CEO 285857 500 14301 201973 25276 527907 BEN MCCOLLUM DIR FINANCE & ADMIN 137965 488 1153 64761 25276 229643 LOGAN PLEASANT DIR OF OPERATIONS 154621 263 7385 38284 25276 225829 JASON YOUNGBLOOD LINEMAN 130881 330 123 44920 25276 201530 JASON STEELEY LINEMAN 140393 472 137 19711 25276 185989 JON ENKEY LINEMAN 103570 472 3698 26605 25276 159621 SCHEDULE J, PART III EMPLOYEE NAME: HAMID VAHDATIPOUR ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 176,189 EMPLOYER CONTRIBUTION TO 401(K) PLAN 25,783 TOTAL REPORTED IN COLUMN C 201,972 LESS: ACTUARIAL INCREASE 176,189 ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 38,064 EXPENSE TO COOPERATIVE 63,847 EMPLOYEE NAME: BEN MCCOLLUM ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 52,288 EMPLOYER CONTRIBUTION TO 401(K) PLAN 12,473 TOTAL REPORTED IN COLUMN C 64,761 LESS: ACTUARIAL INCREASE 52,288 ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 17,979 EXPENSE TO COOPERATIVE 30,452 EMPLOYEE NAME: LOGAN PLEASANT ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 25,585 EMPLOYER CONTRIBUTION TO 401(K) PLAN 12,699 TOTAL REPORTED IN COLUMN C 38,284 LESS: ACTUARIAL INCREASE 25,585 ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 19,927 EXPENSE TO COOPERATIVE 32,626 EMPLOYEE NAME: JON ENKEY ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 19,180 EMPLOYER CONTRIBUTION TO 401(K) PLAN 7,425 TOTAL REPORTED IN COLUMN C 26,605 LESS: ACTUARIAL INCREASE 19,180 ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 13,612 EXPENSE TO COOPERATIVE 21,037 EMPLOYEE NAME: JASON STEELEY ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 12,282 EMPLOYER CONTRIBUTION TO 401(K) PLAN 7,429 TOTAL REPORTED IN COLUMN C 19,711 LESS: ACTUARIAL INCREASE 12,282 ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 10,641 EXPENSE TO COOPERATIVE 18,070 EMPLOYEE NAME: JASON YOUNGBLOOD ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 37,491 EMPLOYER CONTRIBUTION TO 401(K) PLAN 7,429 TOTAL REPORTED IN COLUMN C 44,920 LESS: ACTUARIAL INCREASE 37,491 ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 10,530 EXPENSE TO COOPERATIVE 17,959 FORM 990, PAGE 2, PART III, LINE 4D VOICE AND INTERNET SERVICES FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS FORM 990, PAGE 6, PART VI, LINE 7A YES FORM 990, PAGE 6, PART VI, LINE 7B YES FORM 990, PAGE 6, PART VI, LINE 11B REVIEWED BY THE GENERAL MANAGER AND DIRECTOR OF FINANCE AND ADMINISTRATION. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR TOP OFFICIALS IS DETERMINED BY THE USE OF A NATIONAL COMPENSATION SURVEY AND THE CPI INDEX. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES AND OTHER OFFICERS IS DETERMINED BY THE USE OF A NATIONAL COMPENSATION SURVEY AND THE CPI INDEX. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST FROM THE MAIN OFFICE LOCATED AT 516 SOUTH LAKE REGION ROAD, HULBERT OK 74441. FORM 990, PART VIII FORM 990, PART IX THE COOPERATIVE'S ACCOUNTING RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS REQUIRED BY ITS REGULATORY AGENCY. THE UNIFORM SYSTEM OF ACCOUNTS DOES NOT RECORD EXPENSES IN THE EXPENSE CATEGORIES PROVIDED ON PART IX LINES 1-23. THEREFORE, OTHER EXPENSES LINE 24 INCLUDES EXPENSES THAT ARE DESCRIBED IN LINES 1-23, BUT REPORTED USING THE UNIFORM SYSTEM OF ACCOUNTS. FORM 990, PART XI, LINE 9 INCREASE IN MEMBERSHIP 2,360 PATRONAGE DIVIDEND ALLOCATION 3,987,229 INCREASE IN OCI 342,919 EQUITY INCREASE IN SUBSIDIARY 115,257 RETIREMENT OF PATRONAGE CAPITAL -1,257,974 OTHER CHANGES IN EQUITY -226,363 TOTAL 2,963,428 LAKE REGION FOUNDATION 516 LAKE REGION RD HULBERT OK 744410127 113793478 DONATIONS OK 501C3 10 LREC LAKE REGION ELECTRIC COOPERATIVE false LAKE REGION ELECTRIC DEVELOPMENT PO BOX 127 HULBERT OK 744410127 731346843 WATER UTIL OK LREC C CORP 709558 2555588 1.00000 false false true false false false false false false false false false false false false false false false false true LAKE REGION FOUNDATION B 85594 ACCRUAL BASIS LAKE REGION ELECTRIC DEVELOPMENT S 345752 ACCRUAL BASIS