2021-05-03T15:23:47-05:00 2020-12-31 631059654 GRUENLOH HARDY & ASSOCIATES PC PO BOX 895 ROBERTSDALE AL 36567 990 2020-01-01 630462077 COVINGTON ELECTRIC COOPERATIVE INC COVI 3342224121 18836 US HWY 84 ANDALUSIA AL 36421 CHARLES E SHORT PRESIDENT & CEO 3344273515 2021-04-20 CHARLES SHORT 999009999 COLLENA MATZ CPA P01417735 2519471040 2021-04-27 2020 2022-09-23 18:48:47Z CHARLES E SHORT 18836 US HWY 84 ANDALUSIA AL 36421 56187543 false X WWW.COV-ELECT.COM X 1944 AL THE COOPERATIVE OPERATES AS AN ELECTRIC DISTRIBUTION COOPERATIVE. 6 6 76 0 0 54654184 54382852 1846480 1676484 1278616 128207 57779280 56187543 0 1865712 2875868 1516227 1646219 0 0 50970259 48426820 54352198 52948907 3427082 3238636 177644857 177899412 102509022 99351482 75135835 78547930 X THE COOPERATIVE'S PRIMARY MISSION IS TO PROVIDE SERVICE TO ITS APPROXIMATELY 23,000 MEMBER-OWNERS IN SOUTHERN ALABAMA. false false DISTRIBUTION OF ELECTRIC ENERGY TO COOPERATIVE MEMBERS. SALARIES OF MANAGEMENT AND KEY PERSONNEL ARE REVIEWED BY THE BOARD USING COMPARABLE DATA FROM OTHERS IN THE INDUSTRY. PERIODICALLY, POSITIONS AND SALARIES ARE REVIEWED BY AN OUTSIDE CONSULTANT. false false false false false false false false false true false true false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 19 0 false 76 false false false false false false 53627186 755666 false false false X 6 6 false false false false true true true true true false false false true true true true true true false false KIM CARTER 3342224121 18836 US HWY 84 ANDALUSIA AL 36421 CHARLES E SHORT PRESIDENT & 55.00 X 336218 0 67190 KIMBERLY M CARTER VP FINANCE 50.00 X 181231 0 146116 BERT L CHAMPION VP ENG & OPE 50.00 X 162852 0 141569 MARK G PARKER COO & SENIOR 50.00 X 205071 0 85355 GREGORY D FLEMING MEMBER SERV 40.00 X 113022 0 75028 DEBBIE BUTTS EXECUTIVE AS 48.00 X 101902 0 84849 STEVEN WALKER SYSTEM ENGIN 50.00 X 108685 0 56402 MARK BENSON ACCOUNTING M 40.00 X 104977 0 52944 RANDALL HELMS OPERATIONS M 50.00 X 102280 0 45827 WILLIE B SMITH JR CHAIRMAN 4.50 X X 26416 0 0 WILLIAM G KING JR TRUSTEE 3.00 X 24165 0 0 PATRICIA C JANASKY TRUSTEE 3.00 X 23790 0 0 GARY H HARRIS TRUSTEE 3.00 X 21915 0 0 C HEFLIN SMITH VICE CHAIRMA 3.00 X X 21915 0 0 JAMES F MARTIN JR SECRETARY/TR 4.00 X X 4916 0 0 1539355 755280 10 false true false LEE ELECTRICAL CONSTRUCTION PO BOX 55 ABERDEEN NC 28315 CONTRACT CONST 1749517 HTC LLC 12345 RIDGEVIEW LOOP ANDALUSIA AL 36421 CONTRACT CONST. 1124335 FIBERRISE COMMUNICATION 12060 COUNTY LINE RD SUITE J-239 MADISON AL 35756 BROADBAND CONST 593683 ASPLUNDH TREE EXPERT PO BOX 532729 ATLANTA GA 303532729 ROW CLEARING 388967 OSMOSE UTILITIES SERVICES PO BOX 117284 ATLANTA GA 30368 CONTRACT SERV 173574 20 SALES OF ELECTRICITY 53003527 53003527 POLE RENTALS 755666 755666 OTHER SALES TO MEMBERS 623659 623659 54382852 1676484 1676484 OTHER NON-OPERATING REVENUE 221000 128207 128207 128207 56187543 53755393 2432150 2875868 1115353 530866 3186762 4371737 COST OF POWER 28213188 DIST EXP - MAINTENANCE 3890583 ADMIN & GENERAL EXP 2709165 TAXES 1786768 4268617 52948907 0 0 0 2321147 2620661 28700000 21270000 1661587 972213 1223313 1362708 1092346 1858038 3332538 3999960 159485597 40397338 113227128 119088259 24762372 25727947 1324426 999626 177644857 177899412 9029755 11139610 85052595 79383606 8426672 8828266 102509022 99351482 X 94428 96018 75041407 78451912 75135835 78547930 177644857 177899412 X 3238636 428034 -254575 X false true true false 159485597 40397338 119088259 119088259 INVESTMENTS IN ASSOCIATED ORG. 25727947 C 25727947 BENEFITS 3329866 FINANCE LEASE 2223637 CUSTOMER DEPOSITS 1930520 DEFERRED CREDITS 1344243 8828266 false false false CHARLES E SHORT PRESIDENT & CEO 234396 101822 48722 18468 403408 KIMBERLY M CARTER VP FINANCE 160636 20595 136327 9789 327347 BERT L CHAMPION VP ENG & OPER 149765 13087 122732 18837 304421 MARK G PARKER COO & SENIOR VP 184346 20725 65550 19805 290426 GREGORY D FLEMING MEMBER SERV MANAGER 105982 7040 56289 18739 188050 DEBBIE BUTTS EXECUTIVE ASSISTANT 90660 11242 66926 17923 186751 STEVEN WALKER SYSTEM ENGINEER 102383 6302 38344 18058 165087 MARK BENSON ACCOUNTING MANAGER 98431 6546 34570 18374 157921 FORM 990 PART IX, LINE 4- RETIREMENT OF PATRONAGE CAPITAL CREDITS DISCLOSED REPRESENT THE RETIREMENT OF PATRONAGE CAPITAL ALLOCATED IN PRIOR YEARS WHICH WERE PAID TO MEMBERS IN THE CURRENT YEAR. FORM 990, PAGE 2, PART III, LINE 4D SALARIES OF MANAGEMENT AND KEY PERSONNEL ARE REVIEWED BY THE BOARD USING COMPARABLE DATA FROM OTHERS IN THE INDUSTRY. PERIODICALLY, POSITIONS AND SALARIES ARE REVIEWED BY AN OUTSIDE CONSULTANT. FORM 990, PAGE 6, PART VI, LINE 6 FORM 990, PART VI, SECTION A, LINE 6: COVINGTON ELECTRIC COOPERATIVE, INC. IS AN ELECTRIC DISTRIBUTION COOPERATIVE CONSISTING OF APPROXIMATELY 23,000 MEMBERS. EACH CUSTOMER OF THE COOPERATIVE RECEIVING ELECTRIC SERVICE IS A MEMBER. FORM 990, PAGE 6, PART VI, LINE 7A FORM 990, PART VI, SECTION A, LINE 7A: THE COOPERATIVE IS DIVIDED INTO 6 DISTRICTS. THE MEMBERS ARE ALLOWED TO VOTE FOR THE ELECTION OF A DIRECTOR FOR EACH DISTRICT. FORM 990, PAGE 6, PART VI, LINE 7B FORM 990, PART VI, SECTION A, 7B: MEMBERS ARE ALLOWED TO VOTE ON PROPOSED BY-LAW CHANGES DURING THE ANNUAL MEMBERSHIP MEETING. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990, PART VI, SECTION B, LINE 11B: THE FORM 990 IS PREPARED BY THE COOPERATIVE'S INDEPENDENT AUDITOR. IT IS PRESENTED FOR REVIEW BEFORE IT IS FILED. IF DISCREPANCIES ARE FOUND, CORRESPONDING CORRECTIONS ARE MADE PRIOR TO ITS FILING. FORM 990, PAGE 6, PART VI, LINE 12C FORM 990, PART VI, SECTION B, LINE 12C: POLICY NO. 154, CONFLICT OF INTEREST POLICY HAS BEEN ENACTED BY THE COOPERATIVE TO OUTLINE THE CONDUCT OF TRUSTEES AND EMPLOYEES IN REGARDS TO CONFLICTS OF INTEREST. EACH TRUSTEE AND EMPLOYEE SIGNS AN AGREEMENT. FORM 990, PAGE 6, PART VI, LINE 15A FORM 990, PART VI, SECTION B, LINE 15: SALARIES OF MANAGEMENT AND KEY PERSONNEL ARE REVIEWED BY THE BOARD USING COMPARABLE DATA FROM OTHERS IN THE INDUSTRY. PERIODICALLY, POSITIONS AND SALARIES ARE REVIEWED BY AN OUTSIDE CONSULTANT. FORM 990, PAGE 6, PART VI, LINE 19 FORM 990, PART VI, SECTION C, LINE 19: ALL NEW MEMBERS ARE PROVIDED WITH A COPY OF THE BYLAWS. THE COOPERATIVE PROVIDES ALL ACTIVE MEMBERS CONDENSED FINANCIAL STATEMENTS AT THE ANNUAL MEETING OF MEMBERS. POLICIES AND OTHER FINANCIAL INFORMATION IS AVAILABLE TO MEMBERS UPON REQUEST. FORM 990, PART XI, LINE 9 SUBSIDIARY EARNINGS 8,833 IN OTHER EQUITIES 1,590 IN OTHER EQUITIES -264,998 TOTAL -254,575