2020-11-03T08:44:14-06:00 2020-06-30 620808829 WINNETT ASSOCIATES PLLC PO BOX 745 SHELBYVILLE TN 371620745 990 2019-07-01 620395590 VOLUNTEER ENERGY COOPERATIVE VOLU 4233341020 P O BOX 277 DECATUR TN 37322 RODERICK R BLEVINS PRESIDENT/CEO 4233341020 2020-10-21 true PATRICK R LILE P01067422 9316847142 2020-11-02 X 12.23.251.2 2020-11-03 08:44:14 CS P C023B1118431A8F8B16802446331D6772DE1B239 3714B3D2BEDEC4A5A5A09FAEC3909B9A7C08E803 2019 2021-04-22 16:20:28Z RODERICK R BLEVINS P O BOX 277 DECATUR TN 37322 244758689 false X WWW.VEC.ORG X 1935 TN TO PROVIDE ELECTRIC ENERGY AND RELATED SERVICES TO RURAL AREAS. THE COOPERATIVE SERVICES 119,284 CUSTOMERS. 12 12 154 0 0 246154043 239926641 1637759 1092404 4728302 3657709 252520104 244676754 0 0 11986323 10458954 0 0 228934006 225555307 240920329 236014261 11599775 8662493 347842599 341075531 73464179 73392112 274378420 267683419 NONE false false TO PROVIDE ELECTRIC ENERGY AND RELATED SERVICES TO RURAL AREAS. THE COOPERATIVE SERVICES 119,284 CUSTOMERS. false false false false false false false false false true false false false 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 true true true true false true 60 0 154 true false false false false false 239926641 1359026 false false false X 12 12 false false false false true true false true true false false true true true true false true true true false X MARK VERSTYNEN 4233341020 18359 HWY 58 NORTH DECATUR TN 37322 RODERICK R BLEVINS PRESIDENT/CE 50.00 1.00 X 309639 0 164921 LOUIS M DELORENZO AREA MANAGER 45.00 0.00 X 147833 0 118008 DANNY WILLIAMS LINEMAN 50.00 X 143114 0 69278 BOBBY G RANDOLPH AREA MANAGER 45.00 X 152763 0 30132 BRIAN SWAFFORD WORKING/SUB 48.00 0.00 X 129164 0 35780 MARK VERSTYNEN VP ACCOUNTIN 50.00 2.00 X 126859 0 34142 EARL T KOWANETZ LINEMAN 52.00 0.00 X 131431 0 22727 TIM HANDLER DIRECTOR 5.00 0.00 X 16852 0 0 AUBIE SMITH ASST. SECR./ 5.00 X X 16552 0 0 LARRY STORIE VICE CHAIRMA 6.00 X X 16024 0 0 MIKE FRAZIER DIRECTOR 5.00 0.00 X 14824 0 0 JERRY HENLEY DIRECTOR 7.00 0.00 X 14824 0 0 SAMMY NORTON SECRETARY/TR 7.00 1.00 X X 13924 0 0 KEITH PHILLIPS DIRECTOR 7.00 0.00 X 13252 0 0 LANEY COLVARD JR CHAIRMAN 5.00 0.00 X X 12424 0 0 DAVID J MILEN DIRECTOR 9.00 0.00 X 12424 0 0 WILLIAM J CAMPBELL DIRECTOR 10.00 1.00 X 12124 0 0 RANDY BOND DIRECTOR 9.00 0.00 X 11524 0 0 SCOTT HUMBERD DIRECTOR 7.00 0.00 X 9900 0 0 1305451 474988 50 false true false SEELBACH AND CO INC P O BOX 987 LAWRENCEVILLE GA 30046 RIGHT OF WAY 5230955 SERVICE ELECTRIC COMPANY P O BOX 277790 ATLANTA GA 30384 LINE CONSTRUCT. 4500993 MPS INC P O BOX 3178 CLEVELAND TN 37320 LINE CONSTRUCT. 3260730 GALLOWAY CONSTRUCTION LLC P O BOX 69 SUNBRIGHT TN 37872 FIBER LINE CONS 2437219 SUPERIOR FORESTRY SERVICE PO BOX 25 TILLY AR 72679 ROW CLEARING 720775 8 SALE OF ELECTRIC ENERGY 221000 236567045 236567045 CONNECTION FEES, ETC. 221000 1456869 1456869 CUSTOMERS FORFEITED DISCOUNTS 221000 1130019 1130019 PROPANE SALES 221000 554570 554570 MISCELLANEOUS PROGRAM SERVICE 221000 119355 119355 98783 98783 239926641 1099589 1099589 3398273 3398273 3398273 3398273 74750 81935 -7185 -7185 -7185 PATRONAGE DIVIDENDS 900099 259436 259436 259436 244676754 240178892 4497862 583202 7820860 1408805 646087 21161 44700 77649 742213 2683050 716351 17052563 646016 COST OF POWER 184511864 DISTRIBUTION EXPENSE 13206680 ALL OTHER EXPENSES 2147119 ADMINISTRATIVE AND GENERA 1969787 1736154 236014261 0 0 0 14788646 22820433 52329265 23062528 17479855 15968804 4804491 4753688 3997898 5834349 287406 714432 505818767 249570153 242740750 256248614 8092459 8442711 3321829 3229972 347842599 341075531 39454043 46165444 23652985 16708305 10357151 10518363 73464179 73392112 X 455945 462795 273922475 267220624 274378420 267683419 347842599 341075531 X 8662493 -12958932 -2398562 X X false true X false false 2867981 2867981 26029655 7311617 18718038 464625768 242258536 222367232 12295363 12295363 256248614 CUSTOMER DEPOSITS 4928523 ADVANCES FROM TVA 4535679 OTHER CURRENT LIABILITIES 1054161 10518363 X X false false false RODERICK R BLEVINS PRESIDENT/CEO 305738 3901 147603 17318 474560 LOUIS M DELORENZO AREA MANAGER 138161 9672 100838 17170 265841 DANNY WILLIAMS LINEMAN 141642 1472 53600 15678 212392 BOBBY G RANDOLPH AREA MANAGER 143331 9432 12900 17232 182895 BRIAN SWAFFORD WORKING/SUB FOREMAN 128606 558 20101 15679 164944 MARK VERSTYNEN VP ACCOUNTING & FINA 126462 397 17102 17040 161001 EARL T KOWANETZ LINEMAN 131230 201 7049 15678 154158 FORM 990, PAGE 6, PART VI, LINE 6 VOLUNTEER ENERGY COOPERATIVE HAS 119,284 MEMBERS TO WHOM IT PROVIDES ELECTRICITY. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS OF VOLUNTEER ENERGY COOPERATIVE ELECT THE BOARD MEMBERS ANNUALLY THROUGH A DEMOCRATIC PROCESS. FORM 990, PAGE 6, PART VI, LINE 11B THE INDEPENDENT CPA FIRM THAT PREPARES THE FORM OR THE CEO WILL REVIEW THE ORGANIZATION'S FORM 990 WITH THE BOARD OF DIRECTORS BEFORE IT IS SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C A CONFLICT OF INTEREST QUESTIONNAIRE FORM IS SENT OUT TO THE BOARD OF DIRECTORS, THE VICE PRESIDENTS, AND THE AREA MANAGERS TO COMPLETE AND SIGN EACH YEAR. ALSO, ANY MAJOR PURCHASES OF 10,000.00 OR MORE MUST BE APPROVED BY THE ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION FOR THE PRESIDENT/CEO ON AN ANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION FOR THE OFFICERS OF VEC ON AN ANNUAL BASIS. THE OFFICERS DETERMINE THE COMPENSATION FOR THE REST OF THE STAFF. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE LOCAL OFFICE. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE PRESIDENT/CEO. FORM 990, PART XI, LINE 9 ACTUARIAL LOSS-RETIREE HEALTH PLAN -967,661 ACTUARIAL LOSS-RETIREE PENSION PLAN -2,551,127 AMORT. OF ACTUARIAL LOSS - RETIREE HEALTH PLAN 135,872 AMORT. OF ACTUARIAL LOSS - RETIREE PENSION PLAN 977,504 MEMBERSHIP FEE CHANGE 6,850 TOTAL -2,398,562 FORM 990, PAGE 12, PART XII, LINE 2C AUDIT OVERSIGHT PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. VOLUNTEER ENERGY PROPANE LLC P O BOX 277 DECATUR TN 37322 621794721 PROPANE SA TN 554570 777658 VEC VEC CUSTOMERS SHARE INC PO BOX 277 DECATUR TN 37322 621861476 CHARITABLE TN 501C3 7 VEC true false false false false false false false false false false false true false true true false false true false VEC CUSTOMERS SHARE INC R 363668 VALUE OF CASH TRANSFERRED