2020-11-16T08:39:23-06:00 2019-12-31 731293012 BRISCOE BURKE & GRIGSBY LLP 4120 EAST 51ST STREET SUITE 100 TULSA OK 741353633 990 2019-01-01 730579543 LAKE REGION ELECTRIC COOPERATIVE INC LAKE 9187722526 PO BOX 127 HULBERT OK 744410127 HAMID VAHDATIPOUR GENERAL MANAGER/CEO 9187722526 2020-11-16 true CALEB A RODGERS CPA P02068749 9187498337 2020-11-11 64.207.232.134 2020-11-16 08:39:23 CS P D6994BFBE7EBEBB5016FF5D025B336E698C55167 39818955CB076ECD993076BA715C051C7686C5AA 2019 2022-01-07 14:23:13Z HAMID VAHDATIPOUR PO BOX 127 HULBERT OK 74441 52409215 false X WWW.LRECOK.COOP X 1949 OK TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. 7 7 106 3424872 0 46950957 45754604 400736 389536 2485673 4422539 49837366 50566679 0 3369670 3539099 1558036 1595293 0 0 45111541 45290702 50039247 50425094 -201881 141585 137089100 150765905 85004950 96037301 52084150 54728604 X TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. false false TO PROVIDE ELECTRICITY TO OUR MEMBERS - 24,871 ACTIVE SERVICES AT YEAR-END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS AND WERE ALLOCATED PATRONAGE CAPITAL. VOICE AND INTERNET SERVICES false false false false false false false false false true true false false true false 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 true false false true 7 0 false 106 true true true false false false false 43473842 6412329 false false false X 7 7 false false false false true true true true true false false false true true false true false true true false OK X LAKE REGION ELECTRIC COOPERATIVE 9187722526 PO BOX 127 HULBERT OK 744410127 HAMID VAHDATIPOUR GENERAL MANA 45.00 X 280115 0 190402 BEN MCCOLLUM DIR FINANCE 40.00 X 127939 0 69687 LOGAN PLEASANT DIR OF OPERA 40.00 X 147116 0 50505 JON ENKEY LINEMAN 40.00 X 101591 0 58541 JASON STEELEY LINEMAN 40.00 X 108755 0 40821 JASON YOUNGBLOOD LINEMAN 40.00 X 110086 0 36567 JAMES MANES PRESIDENT 8.00 X 46269 0 0 LYNN LAMONS VICE PRESIDE 6.00 X 45669 0 0 JAMES WALLS DIRECTOR 3.00 X 45069 0 0 RANDALL SHANKLE SECRETARY/TR 3.00 X 44469 0 0 GARY COOPER DIRECTOR 8.00 X 43869 0 0 DIANNE MAYFIELD DIRECTOR 3.00 X 28811 0 0 JACK TEAGUE ASST. SEC/TR 10.00 X 19011 0 0 1148769 446523 6 false true false RES SYSTEM 3 LLC 1610 ARDEN WAY STE 280 SACRAMENTO CA 95815 HV CONTRACTOR 1130132 RIGGS TREE SERVICE PO BOX 453225 GROVE OK 74345 ROW CONTRACTOR 786609 GRAY TREE LLC PO BOX 46 OKAY OK 74446 ROW CONTRACTOR 685353 PROGRESSIVE SOLUTIONS LLC PO BOX 1130 MARSHALL AR 72650 ROW CONTRACTOR 238586 JCL POWER 268 COOKS POINT DRIVE BOYCE LA 71409 HV CONTRACTOR 182598 5 X SALES OF ELECTRICITY 221000 43473842 43473842 PATRONAGE DIVIDENDS 221000 2155851 2155851 PATRONOGE DIVIDENDS - 990-T 517000 124911 124911 45754604 386536 386536 667073 667073 667073 667073 3000 3000 3000 3000 5182572 1842536 3340036 3299961 40075 OTHER NON-OPERATING INCOME 415430 415430 415430 50566679 45632693 3424872 1509114 3539099 941311 653982 9736 21203 887354 2243322 4606967 COST OF POWER 26971420 DISTRIBUTION EXPENSE 5467523 GENERAL & ADMINISTRATIVE 2309582 CONSUMER EXPENSE 1792859 980736 50425094 0 0 0 917179 910595 1000000 13640838 13752432 3377931 3687322 937998 861375 151023164 43908347 96581808 107114817 21489986 23296004 143360 143360 137089100 150765905 9892754 9137240 68579158 79809524 6533038 7090537 85004950 96037301 X 101055 101955 1956076 1981277 50027019 52645372 52084150 54728604 137089100 150765905 X 141585 2502869 X false true X true false 77303 77303 150945861 43908347 107037514 107114817 INVESTMENTS IN ASSOCIATED 23236720 INVESTMENT IN ASSOCIATED 59284 23296004 POST-RETIREMENT BENEFIT OBLIGATIONS 5029743 CONSUMER DEPOSITS 2076279 DEFERRED CREDITS 1312293 OTHER LIABILITIES -1327778 7090537 50708264 141585 141585 50566679 50566679 46885995 46885995 3539099 3539099 50425094 SCHEDULE D, PAGE 4, PART XI, LINE 2D EQUITY GAIN IN SUBSIDIARY 141,585 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE DIVIDENDS - ASSIGNED 3,539,099 X X false false false HAMID VAHDATIPOUR GENERAL MANAGER/CEO 267494 500 12121 166933 23469 470517 BEN MCCOLLUM DIR FINANCE & ADMIN 126442 464 1033 46218 23469 197626 LOGAN PLEASANT DIR OF OPERATIONS 140502 238 6376 27036 23469 197621 JON ENKEY LINEMAN 95546 500 5545 35072 23469 160132 SCHEDULE J, PART III EMPLOYEE NAME: HAMID VAHDATIPOUR ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 142,805 EMPLOYER CONTRIBUTION TO 401(K) PLAN 24,128 TOTAL REPORTED IN COLUMN C 166,933 LESS: ACTUARIAL INCREASE 142,805 ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 38,064 EXPENSE TO COOPERATIVE 62,192 EMPLOYEE NAME: BEN MCCOLLUM ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 34,784 EMPLOYER CONTRIBUTION TO 401(K) PLAN 11,434 TOTAL REPORTED IN COLUMN C 46,218 LESS: ACTUARIAL INCREASE 34,784 ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 17,979 EXPENSE TO COOPERATIVE 29,413 EMPLOYEE NAME: LOGAN PLEASANT ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 14,338 EMPLOYER CONTRIBUTION TO 401(K) PLAN 12,699 TOTAL REPORTED IN COLUMN C 27,036 LESS: ACTUARIAL INCREASE 14,338 ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 19,927 EXPENSE TO COOPERATIVE 32,626 EMPLOYEE NAME: JON ENKEY ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 26,419 EMPLOYER CONTRIBUTION TO 401(K) PLAN 8,653 TOTAL REPORTED IN COLUMN C 35,072 LESS: ACTUARIAL INCREASE 26,419 ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 13,612 EXPENSE TO COOPERATIVE 22,265 EMPLOYEE NAME: JASON STEELEY ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 10,546 EMPLOYER CONTRIBUTION TO 401(K) PLAN 6,806 TOTAL REPORTED IN COLUMN C 17,352 LESS: ACTUARIAL INCREASE 10,546 ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 10,641 EXPENSE TO COOPERATIVE 17,447 EMPLOYEE NAME: JASON YOUNGBLOOD ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 6,349 EMPLOYER CONTRIBUTION TO 401(K) PLAN 6,749 TOTAL REPORTED IN COLUMN C 13,098 LESS: ACTUARIAL INCREASE 6,349 ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 10,530 EXPENSE TO COOPERATIVE 17,279 FORM 990, PAGE 2, PART III, LINE 4D VOICE AND INTERNET SERVICES FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS FORM 990, PAGE 6, PART VI, LINE 7A YES FORM 990, PAGE 6, PART VI, LINE 7B YES FORM 990, PAGE 6, PART VI, LINE 11B REVIEWED BY THE GENERAL MANAGER AND DIRECTOR OF FINANCE AND ADMINISTRATION. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR TOP OFFICIALS IS DETERMINED BY THE USE OF A NATIONAL COMPENSATION SURVEY AND THE CPI INDEX. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES AND OTHER OFFICERS IS DETERMINED BY THE USE OF A NATIONAL COMPENSATION SURVEY AND THE CPI INDEX. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST FROM THE MAIN OFFICE LOCATED AT 516 SOUTH LAKE REGION ROAD, HULBERT OK 74441. FORM 990, PART VIII FORM 990, PART IX THE COOPERATIVE'S ACCOUNTING RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS REQUIRED BY ITS REGULATORY AGENCY. THE UNIFORM SYSTEM OF ACCOUNTS DOES NOT RECORD EXPENSES IN THE EXPENSE CATEGORIES PROVIDED ON PART IX LINES 1-23. THEREFORE, OTHER EXPENSES LINE 24 INCLUDES EXPENSES THAT ARE DESCRIBED IN LINES 1-23, BUT REPORTED USING THE UNIFORM SYSTEM OF ACCOUNTS. FORM 990, PART XI, LINE 9 INCREASE IN MEMBERSHIP 900 PATRONAGE DIVIDEND ALLOCATION 3,539,099 INCREASE IN OCI 25,201 EQUITY INCREASE IN SUBSIDIARY 141,585 OTHER CHANGES IN EQUITY 60,291 RETIREMENT OF PATRONAGE CAPITAL -1,264,207 TOTAL 2,502,869 LAKE REGION FOUNDATION 516 LAKE REGION RD HULBERT OK 744410127 113793478 DONATIONS OK 501C3 10 LREC LAKE REGION ELECTRIC COOPERATIVE false LAKE REGION ELECTRIC DEVELOPMENT PO BOX 127 HULBERT OK 744410127 731346843 WATER UTIL OK LREC C CORP false false true false false false false false false false false false false false false false false false false true LAKE REGION FOUNDATION B 86516 ACCRUAL BASIS LAKE REGION ELECTRIC DEVELOPMENT S 29709 ACCRUAL BASIS