2020-05-06T14:23:29-05:00 2019-12-31 161117932 BUFFAMANTE WHIPPLE BUTTAFARO PC 201 WEST THIRD STREET JAMESTOWN NY 14701 990 2019-01-01 250397695 CENTRAL ELECTRIC COOPERATIVE INC CENT 7243992931 PO BOX 329716 ROUTE 368 PARKER PA 16049 MATTHEW P BOSHAW CEO/GENERAL MANAGER 7243992931 2020-05-06 1 JAMES C ALEXANDER IV CPA P01384001 7166645104 208.105.187.210 2020-05-06 15:20:00 ED P 0F8E2851FD416ACFB00AA7630511EF29DE290C73 CE10A116B00708B007C897AFDAEC18C6948C9B2F 2019 2021-04-22 16:20:28Z MATTHEW BOSHAW PO BOX 329/716 ROUTE 368 PARKER PA 16049 41271677 0 1 X WWW.CENTRAL.COOP X 1937 PA PROVISION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PA. 8 8 84 0 0 0 0 0 0 0 83933 50541 22854569 22426240 22938502 22476781 0 160326 1665112 1736318 575795 599543 0 0 0 19690387 20366282 21931294 22862469 1007208 -385688 114157948 114877967 74385213 75188026 39772735 39689941 X PROVISION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNSYLVANIA. 0 0 PROVISION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNSYLVANIA. PROVISION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNSYLVANIA. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 15 0 1 84 1 0 0 0 0 0 0 0 0 0 39967181 690490 0 0 0 X 8 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CHESTER CONTI 7243992931 PO BOX 329 PARKER PA 16049 BETTE WALTERS DIRECTOR 4.00 X 12851 0 0 RICHARD WEAVER DIRECTOR 3.75 X 14748 0 0 ROBERT SMITH DIRECTOR 4.50 X 11373 0 0 KENNETH ETZEL DIRECTOR 4.20 X 17024 0 0 NANCY LENDYAK DIRECTOR 4.50 X 18103 0 0 ALTHEA SMITH SECRETARY/TREAS 5.50 X X 16548 0 0 JODY WEAVER PRESIDENT 6.00 X X 19558 0 0 KENNETH D DURRETT VICE PRESIDENT 3.00 X X 12873 0 0 DENNIS W BEGGS CFO 40.00 X 131408 0 50040 MATTHEW BOSHAW GENERAL MANAGER 40.00 X 226670 0 68347 FRED TERWILLIGER DIRECTOR OF ENGINEERING AN 40.00 X 144592 0 51259 TERRY KRIEBEL LINEMAN 40.00 X 131618 0 37262 GREG BLY LINEMAN 40.00 X 146227 0 32480 RANDALL RENFREW II LINEMAN 40.00 X 139088 0 23538 JASON POLLOCK LINEMAN 40.00 X 130052 0 37231 1172733 0 300157 21 0 1 0 HAZLETT TREE SERVICE 14919 ARNOLD DRIVE TOWNVILLE PA 16360 TREE TRIMMING 1979595 ASPLUNDH TREE EXPERT CO PO BOX 640032 PITTSBURGH PA 15264 TREE TRIMMING 878775 PENN LINE SERVICE 300 SCOTTDALE AVE SCOTTDALE PA 15683 TREE TRIMMING 390532 THE DAVEY TREE EXPERT COMPANY PO BOX 94532 CLEVELAND OH 44101 TREE TRIMMING 344192 OSMOSE UTILITIES SERVICES INC 980 ELLICOTT STREET BUFFALO NY 14209 POLE INSPECTION 294701 26 50541 50541 984077 0 984077 984077 984077 39681337 18794896 20886441 20886441 PAT CAP OF ASSOC. ORGS 221000 351370 351370 OTHER INCOME 221000 203609 203609 EQUITY IN EARNINGS OF SUB 221000 743 743 555722 22476781 21090793 0 1385988 46601 113725 1736318 599543 1980676 4074404 DISTRIBUTION MAINTENANC 7408949 ADMINISTRATION AND GEN 3367421 DISTRIBUTION OPERATIONS 1863330 CONSUMER ACCOUNTS 1267705 403797 22862469 4382525 5144193 89263 0 5407257 5282970 1011522 1173091 1640861 1320423 137075281 45776985 90989199 91298296 10637321 10658994 114157948 114877967 5884235 6481778 61262585 61490169 7238393 7216079 74385213 75188026 X 0 0 6771213 7724368 33001522 31965573 39772735 39689941 114157948 114877967 X -385688 302894 X 0 1 X 1 0 125523376 38080265 87443111 10828196 7696720 3131476 723709 723709 91298296 INVESTMENTS IN ASSOCIATED ORGANIZATIONS 10658994 C 10658994 ACCUMULATED POST RETIREMENT BENEFIT OBLIGATION 4662513 DEFERRED CREDITS 2253566 ACCUMULATED PROVISION FOR STORMS 300000 7216079 X 41271677 18794896 18794896 22476781 0 22476781 39760721 18794896 18794896 20965825 1896644 1896644 22862469 PART X, LINE 2: THE COOPERATIVE IS EXEMPT FROM TAXES ON INCOME PURSUANT TO SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. CONSEQUENTLY, THE FINANCIAL STATEMENTS REFLECT NO PROVISION FOR TAXES ON INCOME. INCOME TAX RETURNS THAT REMAIN OPEN FOR EXAMINATION BY TAXING AUTHORITIES INCLUDE 2016 AND LATER YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: POWER COST 18,794,896. PART XII, LINE 2D - OTHER ADJUSTMENTS: POWER COST 18,794,896. PART XII, LINE 4B - OTHER ADJUSTMENTS: RETIREMENT OF CAPITAL CREDIT 1,736,318. GRANTS PAID FROM ESCHEATED FUNDS 160,326. PART XII, LINE 4B ADJUSTMENTS: CAPITAL CREDIT RETIREMENTS OF $1,736,318 ARE REPORTED ON PART IX STATEMENT OF FUNCTIONAL EXPENSES ON THE FORM 990, HOWEVER, ON THE AUDITED FINANCIAL STATEMENTS THEY ARE REPORTED AS A REDUCTION TO PATRONAGE CAPITAL. 1 BRIDGE BUILDERS COMMUNITY FOUNDATION 206 SENECA STREET OIL CITY PA 16301 251292553 501(C)3 5000 TO PROVIDE ASSISTANCE TO A CHARITABLE ORGANIZATION WORKING IN THE COOPERATIVES COMMUNITY. BUTLER AM ROTARY CLUB PO BOX 2434 BUTLER PA 16003 452671084 501(C)3 5000 TO PROVIDE ASSISTANCE TO A CHARITABLE ORGANIZATION WORKING IN THE COOPERATIVES COMMUNITY. VENANGO COUNTY FAIR INC 867 MERCER ROAD SUITE A FRANKLIN PA 16323 251307539 501(C)3 5000 TO PROVIDE ASSISTANCE TO AN ORGANIZATION WORKING IN THE COOPERATIVES COMMUNITY. 3 ENERGY ASSISTANCE 360 82882 SCHOLARSHIPS 10 20000 YOUTH TOUR 8 10843 PART I, LINE 2: THE COOPERATIVE WILL ENTERTAIN DONATION REQUEST FROM NON-PROFIT ORGANIZATIONS THAT OPERATE IN THE COUNTIES SERVED BY CENTRAL ELECTRIC COOPERATIVE, INC. THE ORGANIZATIONS MUST MEET THE FOLLOWING CRITERIA: 1)NON-PROFIT ORGANIZATION UNDER THE APPLICABLE INTERNAL REVENUE CODE. 2)ORGANIZATION OPERATES IN COUNTIES SERVED BY CENTRAL ELECTRIC COOPERATIVE, INC. 3)DONATIONS MADE TO CAPITAL PROJECTS. 4)CENTRAL ELTRIC COOPERATIVE IS NOT THE SOLE FUNDING SOURCE FOR THE CAPITAL PROJECT. QUALIFYING ORGANIZATION REQUEST IS PRESENTED TO THE CENTRAL ELECTRIC BOARD OF DIRECTORS FOR APPROVAL. UPON BOARD APPROVAL, FUNDS ARE DISPERSED TO THE ORGANIZATION. RECORDING OF DONATION IS CATEGORIZED UNDER CIVIC PROGRAMS FUNDED BY THE COOPERATIVE'S ESCHEATS PROGRAM. UNDER THE RETAINED ESCHEATS PROGRAM AS APPROVED BY THE COMMONWEALTH OF PENNSYLVANIA, THE COOPERATIVE IS PERMITTED TO UTILIZE RETAINED ESCHEATS FOR THE FOLLOWING PROGRAMS: 1)ENERGY ASSISTANCE 2)CIVIC 3)EDUCATION THE BOARD APPROVES THE FUNDING LEVELS FOR THE ABOVE PROGRAMS AS RECOMMENDED BY THE ESCHEATS COMMITTEE. CAPITAL PROJECTS DONATIONS OF ANY NATURE FOLLOW THE ABOVE PROCEDURES. X X 0 0 0 DENNIS W BEGGS CFO 131408 0 0 0 0 0 24513 0 25527 0 181448 0 0 0 MATTHEW BOSHAW GENERAL MANAGER 219000 0 0 0 7670 0 41637 0 26710 0 295017 0 0 0 FRED TERWILLIGER DIRECTOR OF ENGINEERING AN 144592 0 0 0 0 0 26719 0 24540 0 195851 0 0 0 TERRY KRIEBEL LINEMAN 131618 0 0 0 0 0 14680 0 22582 0 168880 0 0 0 GREG BLY LINEMAN 146227 0 0 0 0 0 14684 0 17796 0 178707 0 0 0 RANDALL RENFREW II LINEMAN 139088 0 0 0 0 0 14640 0 8898 0 162626 0 0 0 JASON POLLOCK LINEMAN 130052 0 0 0 0 0 14664 0 22567 0 167283 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - MEMBERS OF RURAL ELECTRIC COOPERATIVE ARE CONSUMERS OF ELECTRICITY. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - GOVERNING BODY IS ELECTED BY MEMBERS BY BALLOT VOTE. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - A COPY WILL BE INCLUDED IN THE BOARD PACKAGE FOR REVIEW PRIOR TO THE BOARD MEETING. MANAGER OF ACCOUNTING & BUSINESS DEVELOPMENT WILL REVIEW AND ANSWER ANY QUESTIONS THAT THE BOARD MAY HAVE. THE BOARD WILL VOTE ON APPROVING FORM 990 FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL REVIEW AND SIGNATURE OF CONFLICT OF INTEREST POLICIES. FORM 990, PART VI, SECTION B, LINE 15 AN OUTSIDE CONSULTANT FROM NRECA PROVIDES THE BENCHMARKS FOR THE DIFFERENT TIERS OF EMPLOYEES. THESE FIGURES ARE PROVIDED TO THE BOARD. THE BOARD THEN APPROVES THE BENCHMARKS. THE BOARD APPROVES THE CEO'S SALARY, WHILE THE CEO APPROVES THE DEPARTMENT DIRECTORS' SALARIES BASED ON THE BENCHMARKS AND THE BUDGET APPROVED BY THE BOARD. THESE BENCHMARKS ARE UPDATED EVERY FEW YEARS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE AT THE MAIN OFFICE UPON REQUEST FORM 990, PART XI, LINE 9: MEMBERSHIP FEES -3,090. GAIN ON RETIREMENT OF ESTATE CAPITAL CREDITS 14,626. TOTAL OTHER COMPREHENSIVE GAIN 131,032. GRANTS PAID FROM ESCHEATED FUNDS 160,326. CENTRAL ELECTRIC SERVICES CORPORATION PO BOX 329 ROUTE 368 EAST PARKER PA 16049 251869786 SATELLITE INTERNET PA CENTRAL ELECTRIC COOPERATIVE INC C 1.00000 0 COOPERATIVE SOLUTIONS INC PO BOX 329 ROUTE 368 EAST PARKER PA 16049 251822768 BUSINESS SERVICES PA CENTRAL ELECTRIC COOPERATIVE INC C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0