2020-11-09T07:13:17-08:00 2019-12-31 743040374 Kevin S Kelso CPA PC PA 6700 Squibb Road Suite 215 Mission KS 66202 990 2019-01-01 370512347 Shelby Electric Cooperative SHEL 2177743986 PO Box 560 Shelbyville IL 62565 Josh Shallenberger President & CEO 2020-11-09 true George Lynch P00187596 9138311150 2019 2021-04-22 16:20:28Z Josh Shallenberger 37385310 false X www.shelbyelectric.coop X 1938 IL To Provide Reliable electric power and related services to our members at an affordable cost. 7 7 57 564123 3244 0 37681934 35891754 107062 248176 645604 1209774 38434600 37349704 18982 10500 1329193 3573916 566039 569099 0 0 34798074 33196189 36712288 37349704 1722312 0 70553044 74014876 33496283 33376363 37056761 40638513 To Provide Reliable electric power and related services to our members at an affordable cost. false false Shelby Electric Cooperative serves all or parts of Christian, Cumberland, Effingham, Fayette, Macon, Montgomery, Moultrie, Sangamon and Shelby Counties. The Cooperative serves around 10,000 member-owers with over 2,200 miles of energized line. false false false false false false false false false true false true false true true false true false false false false false false false false false true false true false false false false false false false false false false false true true false false true 47 0 true 57 true true true false false false false 35612745 2497195 false false false X 7 7 false false false false true true true true false false false true true true true true true true true false X Josh Shallenberger 2177743986 PO Box 560 Shelbyville IL 62565 Josh M Shallenberger CEO 50.00 0.00 X 214181 0 85611 James A Matlock COO 45.00 0.00 X 127193 0 114556 Brian R Chevalier Operations 44.00 0.00 122845 0 52233 Bradley R Wright Operations 43.00 0.00 108311 0 60537 Terry L Oldham Operations 45.00 0.00 119153 0 21205 Brent Lively Director 3.00 0.00 X X 5175 0 0 Robert Holthaus Director 3.00 0.00 X 4950 0 0 Bennie Clawson Director 2.00 0.00 X X 2925 0 0 Brian Halbrook Director 1.00 0.00 X X 2700 0 0 David Keown Director 1.00 0.00 X 2700 0 0 John Scott Executive Dir. 1.00 0.00 X 2490 0 0 Mark Lash Director 1.00 0.00 X X 2343 0 0 Larry Durbin Director 1.00 0.00 X 2250 0 0 Katie Ohmes Director 1.00 0.00 X X 2025 0 0 719241 334142 5 false true false Rammelkamp Brandney Law Office 232 W State Street PO Box 550 Jacksonville IL 62651 Legal Counsel 112856 Prairie Power Inc 3130 Pleasant Run Road Springfield IL 62701 New Substation Assistance 159239 AIEC PO Box 3787 Springfield IL 62708 Training 232932 NISC PO Box 1177 Mandan ND 58554 Software/Support 203759 4 0 Capital Credits 221000 1493208 1493208 Electric Revenues 221000 34174571 34174571 Misc Electric Revenue 221000 223975 223975 35891754 283782 -804 284586 0 0 48431 4795 48431 4795 53226 53226 35606 -35606 -35606 -35606 0 0 0 990-T Revenue 900099 564927 564927 Other Non Operating 900099 591621 591621 1156548 37349704 36447769 564123 337812 7500 3000 0 3573916 569099 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1462897 0 2698224 0 Cost of Power 20816899 Distribution Expense 4100263 Admin & General 2536337 Member Services 1581569 0 37349704 0 0 0 1669476 1951667 0 0 4242733 4299693 0 0 5067208 6832000 759321 630962 5247934 5652907 74929656 39965595 34553540 34964061 0 0 19012832 19683586 0 0 70553044 74014876 2881433 2650220 185770 263524 27717169 28894604 2711911 1568015 33496283 33376363 X 2157237 2745397 34899524 37893116 37056761 40638513 70553044 74014876 X 0 3581752 X X false true X true false 199694 199694 3519470 2284402 1235068 71210492 37681193 33529299 34964061 19683586 Post Retirement Benefit Obligation 1568015 1568015 X Part X : FIN48 Footnote The Association has a letter of exemption from federal income tax, issued by the Internal Revenue Service and files IRS Form 990 annually. An evaluation of whether or not it has uncertain tax positions is determined on an annual basis by the Association. While the Association believes it has adequately provided for all tax positions, amounts asserted by taxing authorities could be different than the positions taken by the Association. The Association recognized any interest and penalties assessed by taxing authorities in income tax expense and, with few exceptions, is no longer subject to federal, state, or local income tax examinations by tax authorities for years prior to 2016. false HSHS Good Shepherd Hospital 200 S Cedar Shelbyville IL 62565 7500 0 0 1 X X X false false false Bradley R Wright Operations 108311 43166 17371 168848 Brian R Chevalier Operations 122845 34739 17494 175078 James A Matlock COO 127193 96801 17755 241749 Josh M Shallenberger CEO 214181 67184 18427 299792 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Shelby Electric Cooperative is a member-owned electric distribution cooperative. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body The members of the Cooperative elect the Board of Directors Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Members of the Cooperative must approve all of the following: (a) changes to Articles of Incorporation and/or Bylaws, (b) consolidation, merger, or sale/lease/exchange of all or substanially all of the Cooperative's property not in the ordinary course of business, (c) dissolution of the Cooperative, and (d) the removal of directors. Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings The Cooperative does not have a committee with authority to act on behalf of the governing body. Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 is reviewed by the controller, CEO and corporate counsel first. It is then presented to the Board of Directors for review. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The Chief Executive Officer monitors transactions with the Cooperative for potential conflicts of interest Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The Process of determining compensation of the organization's CEO is done through annual appraisals with the salary set according to the compensation survey data. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The process of determining compensation of the organization's officers is done through a review of national and regional salary surveys, as well as internal position reviews. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Bylaws are offered to all new members; all other documents are available at any time upon request. Other Changes In Net Assets Or Fund Balances - Other Increases Benefits Paid to Members = $3573916 Other Changes In Net Assets Or Fund Balances - Other Increases Other Changes = $29719 Other Changes In Net Assets Or Fund Balances - Other Increases PY Change in OCI = $83564 Other Changes In Net Assets Or Fund Balances - Other Decreases Retirements of Capital Credits to Members = -$105447 Form 990, Part XII, Line 2: Change of Oversight or Selection Process The board of directors acts as the committee assuming responsibility for the oversight of the audit and for the selection of the independent accountant. Form 990, Part IX, Line 4 The instructions of the 2019 Form 990 indicate that organizations exempt under Section 501(C)(12) should report "patronage dividends paid" to their members in Part IX, Line 4 of the Form 990. The cooperative has interpreted the words "patronage dividends paid" in the instructions to mean margins that are assigned or assignable to the members. The Cooperative assigns the net operating margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net operating margins assignable to the members for the calendar year ended December 31, 2019. Shelby Energy Company 1355 State Highway 128 Shelbyville IL 62565 371325368 Propane Sales IL Shelby Electric Coop C Corp 127094 1567089 1.00000 true KASCOM Inc 1355 State Highway 128 Shelbyville IL 62565 371264762 Sales IL Shelby Electric Coop C Corp -225 1.00000 true true false false false false false false false false false false false false false false true true false false Shelby Energy Company a 38330 Cost Shelby Energy Company p 33222 Cost Shelby Energy Company q 526597 Cost