2021-10-20T11:13:21-07:00 2020-12-31 541320089 ADAMS JENKINS CHEATHAM PC 231 WYLDEROSE DR MIDLOTHIAN VA 23113 990 2020-01-01 520492367 SOUTHERN MARYLAND ELECTRIC COOPERATIVE INC SOUT 3012744328 PO BOX 1937 HUGHESVILLE MD 20637 Sonja M Cox President & CEO 2021-10-20 true Sonja M Cox 999009999 G STEVEN GILLIAM CPA P00348264 8043231313 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z Sonja M Cox PO BOX 1937 HUGHESVILLE MD 206371937 421194200 false X www.smeco.coop X 1937 MD Safe and effective distribution of electricity to the members of Southern Maryland Electric Cooperative. 15 15 528 0 69675 0 454675379 415997953 535565 404687 4585425 4685987 459796369 421088627 0 27931085 27109541 63500162 63350765 0 0 363907544 326683413 455338791 417143719 4457578 3944908 1049770342 1077937193 820935788 820365775 228834554 257571418 Safe and effective distribution of electricity to the members of Southern Maryland Electric Cooperative. false false Safe and effective delivery of electricity to the members of Southern Maryland Electric Cooperative. The three largest program expenses were:Cost of power $197,254,241Depreciation $40,313,957Other Salaries and Wages $47,086,177 false false false false false false false false false true false false true 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 false true true true false true 156 0 true 528 true true true false false false false 396516526 5696220 false false false X 15 15 false false false false true true true true true false false true true true true true true true true false AR AZ CA CO FL GA IA IL IN KS KY LA MD MN MO MS NC RI SC X the corporation 3012744328 15035 Burnt Store Road Hughesville MD 206371937 X Sonja M Cox President & CEO 50.00 0.20 X 411868 0 87051 Kenneth M Capps SR VP & COO 50.00 0.00 X 349528 0 130097 Mark A MacDougall SR VP & COUNSEL 50.00 0.10 X 355669 0 86740 Joseph Trentacosta SR VP & CIO 50.00 0.00 X 326526 0 75251 Austin J Slater Jr President & CEO 50.00 0.00 X 314744 0 34200 Eugene Bradford VP Rates & Eng. Pr 50.00 0.00 215586 0 74953 Arthur Kingsley VP Trans & Subst 50.00 0.00 206771 0 80843 Kenneth McKenzie IT Infra. Dir. 50.00 0.00 194898 0 40783 Christopher Norton Elec Ops dir 50.00 0.00 192992 0 38358 Beth A Kennedy VP & CFO 50.00 0.20 X 190653 0 39796 Jeffrey S Shaw VP Dist Eng. Sust. 50.00 0.00 193477 0 27107 Cindy M Rauner VP HR 50.00 0.00 X 174941 0 24681 Campbell B Hawkins Senior VP CSIO 50.00 0.00 X 174798 0 14086 Peter S White Chairman 4.00 0.00 X X 41500 0 0 Richard A Winkler Director 4.00 0.10 X 33950 0 0 W Michael Phipps Vice Chairman 4.00 0.10 X X 32200 0 0 Nancy W Zinn Director 3.00 0.00 X 32000 0 0 William L Purnell Director 4.00 0.10 X 31750 0 0 William R Cullins III Director 2.00 0.00 X 31050 0 0 Daniel W Dyer Director 3.00 0.00 X 30600 0 0 W Rayner Blair III Director 3.00 0.10 X 30550 0 0 Fern G Brown Sec/Treas 3.00 0.00 X X 30350 0 0 Joseph D Frederick Director 2.00 0.00 X 30050 0 0 Gilbert O Bowling Director 2.00 0.00 X 29950 0 0 Kenneth L Dyson Asst. SEC/TREAS 2.00 0.00 X X 29350 0 0 Joseph V Stone Jr Director 4.00 0.10 X 23100 0 0 James A Richards Director 2.00 0.00 X 20800 0 0 Susan Hance-Wells director 3.00 0.10 X 12400 0 0 Samuel J Hammett Director 3.00 0.10 X 10950 0 0 Joseph Gilbert Murphy Director 3.00 0.10 X 7200 0 0 3760201 753946 226 false true false Penn Line Service Inc 300 Scottdale Ave Scottdale PA 15683 ROW maintenance 8079819 ICF Resources INC 9300 Lee Highway Fairfax VA 22031 Mgr EmPower MD EEP 7343285 Scheibel Construction 115 Prospect Drive Huntingtown MD 20639 Construction Cont. 17051321 Pro Tech Utilities Inc 4623 Belvieu Ave Baltimore MD 21207 UG Cable Installer 3870958 Itron Inc PO Box 200209 Dallas TX 753200209 Emp MD. Verification 4396763 62 0 CONTRIB. IN AID OF CONST. 221000 4448626 4448626 PATRONAGE ALLOC. RECEIVED 221000 2560695 2560695 SALE AND DIST. OF ELECT. 221000 408988632 408988632 415997953 389219 389219 0 0 311862 2098987 58598 253264 2098987 2352251 78526 2273725 62443 46975 15468 15468 15468 0 0 0 DSM Recovery 221000 2060754 2060754 K-1 Earnings from ACES 221000 95377 95377 Power solutions & other 221000 155519 155519 22086 22086 2333736 421088627 418410215 2678412 X 0 0 0 27109541 3248379 0 47086177 8479962 1840328 2695919 0 469801 295618 0 0 0 0 0 0 0 0 0 3024967 0 238812 24753849 0 40313957 0 Cost of power 197254241 Customer service and informati 24312395 Taxes 13550940 Admin & General 12557471 9911362 417143719 0 0 0 2614342 3414243 55057 55793 0 54800538 56367383 0 0 0 13232785 12738450 55903349 65278683 1245042042 438988412 793934690 806053630 0 11960330 5222491 25776022 27494159 0 91493229 101312361 1049770342 1077937193 28169278 28587420 688501876 681821934 8560877 104264634 101395544 820935788 820365775 X 228834554 257571418 228834554 257571418 1049770342 1077937193 X 3944908 24791956 X false true X true false 1245042042 438988412 806053630 806053630 Capital Term Certificates 4114244 C NRUCFC 3767996 C Federated Rural Electric Insurance Corp. 1357856 C CoBank 9981752 C Other 358700 C Alliance for COOP Energy Svcs. Power Mkt 1293390 C OTHER - NYMEX 6620221 F AR Assoc. Company 44587 Other accounts receivable & accr. int. 6417374 Other Accrued Utility Revenue 13878778 RECS 3718884 Regulatory Assets - AMI and Other 43752291 Regulatory assets - DR and Empower prog, 33500447 101312361 ACCRUED INTEREST 3070899 Accrued Payroll 4231287 Accrued Pension and post-retirement ben. 56362043 Accrued Taxes 5470333 Accrued vacation 5746881 Advance billing 6621751 Capital Lease Obligation 1775695 Customer Deposits 7549430 Deferred Credits 3403670 Derivative Liabilities 3864742 Due to Retail Choice Suppliers 911892 OTHER 398278 PPCA Overage 1988643 101395544 X true true X X X X X false true false Arthur Kingsley VP Trans & Subst 194847 13404 -1480 73085 7758 287614 Austin J Slater Jr President & CEO 115385 100000 99359 31000 3200 348944 Beth A Kennedy VP & CFO 181698 9585 -630 32733 7063 230449 Campbell B Hawkins Senior VP CSIO 98654 50 76094 5643 8443 188884 Christopher Norton Elec Ops dir 184863 14753 -6624 17644 20714 231350 Cindy M Rauner VP HR 162905 11613 423 22834 1847 199622 Eugene Bradford VP Rates & Eng. Pr 201811 13459 316 56749 18204 290539 Jeffrey S Shaw VP Dist Eng. Sust. 178604 11949 2924 25764 1343 220584 Joseph Trentacosta SR VP & CIO 301617 21682 3227 54091 21160 401777 Kenneth M Capps SR VP & COO 322071 22889 4568 106629 23468 479625 Kenneth McKenzie IT Infra. Dir. 187220 14282 -6604 27275 13508 235681 Mark A MacDougall SR VP & COUNSEL 316462 22497 16710 79721 7019 442409 Sonja M Cox President & CEO 350114 63018 -1264 63471 23580 498919 Part I, Line 1a: Relevant information in regards to selections on 1a. Southern Maryland Electric Cooperative has a Corporate Wellness policy available to all full-time employees of the Cooperative. Gym memberships are eligible for up to a $20 reimbursement monthly. The following individuals listed on this schedule participated in this program:Joseph Trentacosta Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Southern Maryland Electric Cooperative is an Electric Membership Corporation that delivers electricity to the members of the Cooperative. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Members of the governing board are elected by the membership of the Cooperative. Each member receives one vote. The board has monthly meetings and an annual meeting that is open to the entire membership. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders The Cooperatives by-laws are voted on by the members of the Cooperative. Form 990, Part VI, Line 11b: Form 990 Review Process A draft copy of the Form 990 is provided to the Board of Directors the week prior to the board meeting. The day of the board meeting, the 990 is presented to the Policy, Audit and Budget Committee by the independent CPA Firm. The Committee then makes a recommendation for approval at the full board meeting that follows. The President & CEO and Senior Vice President & CFO are present at the Board meeting to answer any additional questions the Board members may have regarding the Form. Once approved, the Form 990 is then filed with the Internal Revenue Service. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts A questionnaire is completed by the directors, officers and key employees of the Cooperative. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management A salary structure and comparison study is obtained from an independent consultant. The Board of Directors completes an appraisal and discusses with the CEO. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees A salary structure and comparison study is obtained from an independent consultant. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST. FINANCIAL DATA IS ALSO INCLUDED ON THE 990 WHICH IS AVAILABLE UPON REQUEST. FINANCIAL DATA IS ALSO AVAILABLE ON THE COOPERATIVE'S WEBSITE. Other Changes In Net Assets Or Fund Balances - Other Decreases Contributions in aid of construction not revenue per gaap = -$4448626 Other Changes In Net Assets Or Fund Balances - Other Decreases Distribution of capital credits to members = -$697918 Other Changes In Net Assets Or Fund Balances - Other Decreases equity investment adjustment to match k-1 = -$68967 Other Changes In Net Assets Or Fund Balances - Other Increases Net change in donated capital = $5269 Other Changes In Net Assets Or Fund Balances - Other Increases Net OCI Adjustment = $1542248 Other Changes In Net Assets Or Fund Balances - Other Increases Non cash patronage capital allocations not revenue per IRS = $1350409 Other Changes In Net Assets Or Fund Balances - Other Increases Patronage Div. paid to members' accts not expense per gaap = $27109541 990 Part IX Line 17 Travel Travel costs include the expenses of purchasing, leasing, operating, and repairing any vehicles owned by the organization and used for the organization's activities. 990 Part IX Line 4 Benefits paid to or for members Patronage dividends are paid / allocated to members' accounts in accordance with pre-existing obligation in Cooperative's by-laws. The Corporation is obligated to pay by credits (allocate) to a capital account for each patron all such amounts in excess of operating costs and expenses.IRS instructions for line 4 changed in 2011 to include patronage dividends paid by section 501(c)(12) organizations to their members. Accordingly, these amounts are now reported on line 4. 990 Part VII Compensation The following officers and directors retired during 2020:Samuel J. Hammett 3/20/2020Joseph V. Stone 8/27/2020Austin J. Slater, JR. 3/12/2020 SMECO WORKERS COMPENSATION PLAN 15035 BURNT STORE RD PO BOX 1937 HUGHESVILLE MD 206371937 521309853 PROVIDES WORKERS COMP. BENEFITS TO EMPLOYEES & BENEFICIARIES MD 501 (c) 4 SOUTHERN MARYLAND ELECTRIC COOPERATIVE false SMECO Charitable Foundation Inc PO Box 74 Hughesville MD 20637 813611883 Charitable Activities MD 501 (c) 3 SOUTHERN MARYLAND ELECTRIC COOPERATIVE false SMECO Solar LLC 15035 Burnt Store Road Hughesville MD 20637 453047686 Solar Energy MD SMECO C corp 22086 11687910 1.00000 true true false false false false false false false false false false false false false true true true true false SMECO WORKERS COMPENSATION PLAN r 792599 Cost SMECO Charitable Foundation Inc q 1620 Cost SMECO Solar LLC a 78526 FMV SMECO Solar LLC o 20011 Fully Dist Cost SMECO Solar LLC p 1650465 FMV SMECO Solar LLC q 47240 Fully Dist Cost