2021-11-12T11:31:20-08:00 2020-12-31 273625988 Goff & Herrington PC 5016 Champions Dr Lufkin TX 75901 990 2020-01-01 751615421 Northeast Texas Electric Cooperative NORT 9037573282 2221 H G Mosley Parkway 100 Longview TX 75604 Caleb Head CFO 2021-11-12 true Caleb Head 999009999 Ronnie Herrington CPA P00028527 9366342345 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z Ronald Ray 213380688 false X N/A X 1978 TX NTEC Provides wholesale electric generating, purchasing, and transmission to its member electric cooperatives. 12 12 5 0 0 215673640 212096841 1967118 1280501 7876 3346 217648634 213380688 0 0 1200224 1052760 0 0 212860793 208991622 214061017 210044382 3587617 3336306 249366062 270511806 131250621 150099957 118115441 120411849 NTEC Provides wholesale electric generating, purchasing, and transmission to its member electric cooperatives. false false Costs incurred with providing wholesale electric energy to 6 electric distribution cooperative members who in turn provide electricity to over 165,000 retail members false false false false false false false false false true false false true 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 false false false true 13 0 true 5 true false false false false false 210044382 3334745 false false false X 12 12 false false false false true true false true true false false true true true true true true true true false X Caleb Head 9037573282 2221 H G Mosley Parkway 100 Longview TX 75604 Richard Tyler GM/CEO 40.00 0.00 X 301824 0 262305 Caleb Head CFO 40.00 0.00 X 147871 0 77273 Frankie B King President 4.00 0.00 X X 20500 0 0 J P Dobbs Director 3.00 0.00 X 13700 0 0 Steve Delaughter Director 5.00 0.00 X 13700 0 0 Mark Boyd Vice President 6.00 0.00 X X 13100 0 0 Bryan Wood Asst. Secr/Trea 4.00 0.00 X X 13100 0 0 Albert Tiller Director 3.00 0.00 X 12600 0 0 Rhett Reid Director 4.00 0.00 X 12100 0 0 Richard Hacker Director 2.00 0.00 X 12100 0 0 Trey Teaff Director 6.00 0.00 X 10400 0 0 Pat Lindley Director 1.00 0.00 X 7700 0 0 Cathy Roberts Director 7.00 0.00 X 3800 0 0 Debra Robinson Director 2.00 0.00 X 3300 0 0 Rob Walker Director 6.00 0.00 X 0 0 0 Kathy Wood Secretary/Trea 4.00 0.00 X X 0 0 0 585795 339578 2 false true false General Electric International Inc 4200 Wildwood Parkway Atlanta GA 30339 LT Maintenance Svcs 3539251 GDS & Associates Inc 1850 Parkway Place Suite 800 Marietta GA 30067 Engineering 1020081 Holland & Knight LLP 800 17th Street NW Suite 1100 Washington DC 20006 Legal 738325 PSI Services 32731 Egypt Lane Suite 701 Magnolia TX 77354 Communications Svcs 474774 Entergy Power Operations US 350 Pine Street Beaumont TX 77701 Management Svcs 436462 6 0 Patronage Captial Credits 221000 2052459 2052459 Wholesale Power Sales 221000 210044382 210044382 212096841 1280501 1280501 0 3346 3346 0 0 0 0 0 0 213380688 212096841 1283847 X 0 0 0 0 743663 743663 0 175244 175244 36730 36730 60784 60784 36339 36339 0 1279142 1279142 316094 316094 0 0 0 1023182 1023182 0 88176 88176 0 0 51108 51108 25561 25561 0 4165 4165 5036668 5036668 0 6916416 6916416 95871 95871 Purchased Power 81154668 81154668 Fuel Cost - HCPP 42033451 42033451 Transmission Costs 23964251 23964251 Power Plant Operating Exp. 18576185 18576185 28426684 28426684 210044382 210044382 0 0 13416015 17180834 10472944 7956723 0 24893526 37878270 0 0 0 9744979 15687416 4142697 10507133 342282877 202706708 144945358 139576169 0 0 0 0 41750543 41725261 249366062 270511806 18062133 23048452 101509314 121653061 11679174 5398444 131250621 150099957 X 30000 30000 118085441 120381849 118115441 120411849 249366062 270511806 X 3336306 -1039898 X false true X true false 342282877 202706708 139576169 139576169 Investments in Associated Organizations 39902770 Other special deposit 559900 Other special deposit - SPP 1262591 41725261 Deferred Credit Pirkey Mine Closing 4394666 Power Costs Levelized Billings 1003778 5398444 X 213380688 213380688 213380688 210044382 210044382 210044382 Part X : FIN48 Footnote Financial Accounting Standards Board Codification Section 740 requires recognition,measurement and disclosure of uncertain tax positions. The Cooperative currently accounts for uncertain tax positions based on the estimated likelihood of assessment and has not determined that any tax positions require an accrual based on current standards of accounting. For federal income tax purposes the tax returns essentially remain open for possible examination for a period of three years after the date on which those returns are filed. X X X false false false Caleb Head CFO 147500 371 48918 28355 225144 Richard Tyler GM/CEO 293869 7955 233192 29113 564129 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The organization is an electric power generation & transmission cooperative that furnishes electric power requirements to six electric distribution cooperatives who are members of this organization. Form 990, Part VI, Line 11b: Form 990 Review Process A copy of the form 990 is emailed to each director prior to its filing and also prior to being reviewed and approved by the board of directors. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The conflict of interests policy requires that each official annually disclose interests to the board that could create the appearance of a conflict of interest and certify that they have received and reviewed a copy of the conflict of interests policy. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The board of directors reviews and approves the officer compensation and benefits package on an annual basis with a decision based on the vote of the entire board of directors. National salary guidelines including a G&T NRECA Annual Compensation Survey and the Economic Research Institute are utilized by a formal compensation committee in the review and approval process. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Management reviews and approves the officer and key employee compensation and benefits package on an annual basis. National salary guidelines including a G&T NRECA Annual Compensation Survey and the Economic Research Institute are utilized in the review and approval process. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The cooperative's governing documents, conflicts of interest policy and financial statements are available to the public by submitting a written request to the cooperative. Form 990, Part IX, Line 24e: Other Expenses Association Dues: Column (A) - Total = $352806; Column (B) - Program Services = $352806; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Contributions Aid in Construct: Column (A) - Total = $57504; Column (B) - Program Services = $57504; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses EPA Expense - Pirkey & Dolet: Column (A) - Total = $1310833; Column (B) - Program Services = $1310833; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Fuel Cost - Dolet Hills: Column (A) - Total = $7161502; Column (B) - Program Services = $7161502; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Fuel Cost - Pirkey: Column (A) - Total = $15162171; Column (B) - Program Services = $15162171; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Operating Expense - HCPP: Column (A) - Total = $1324415; Column (B) - Program Services = $1324415; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Plant Overhead Costs: Column (A) - Total = $1037418; Column (B) - Program Services = $1037418; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Property Taxes: Column (A) - Total = $9260; Column (B) - Program Services = $9260; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Steam Expense - Pirkey & Dolet: Column (A) - Total = $2010775; Column (B) - Program Services = $2010775; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Other Changes In Net Assets Or Fund Balances - Other Decreases Patronage Capital Retired = -$1200255 Other Changes In Net Assets Or Fund Balances - Other Increases unrealized gain on investments = $160357