2020-04-15T08:53:17-05:00 2019-12-31 631059654 GRUENLOH & ASSOCIATES PC PO BOX 895 ROBERTSDALE AL 36567 990 2019-01-01 630462077 COVINGTON ELECTRIC COOPERATIVE INC COVI 3342224121 18836 US HWY 84 ANDALUSIA AL 36421 CHARLES E SHORT PRESIDENT & CEO 3342224121 2020-04-08 WAYNE A GRUENLOH CPA P00474885 2519471040 2020-04-13 52.37.240.203 2020-04-15 08:53:17 CD P 2A2F44620E49BDCF0C8DA24B3F9410899DFAF2C0 4D467C9E9E3834A6B05B068E5063DD7F313877E3 2019 2021-04-22 16:20:28Z CHARLES E SHORT 18836 US HWY 84 ANDALUSIA AL 36421 57779280 false X WWW.COV-ELECT.COM X 1944 AL THE COOPERATIVE OPERATES AS AN ELECTRIC DISTRIBUTION COOPERATIVE. 6 6 81 0 0 54889447 54654184 1768300 1846480 270689 1278616 56928436 57779280 0 1624224 1865712 1154056 1516227 0 0 51070602 50970259 53848882 54352198 3079554 3427082 156545617 177644857 84950423 102509022 71595194 75135835 X THE COOPERATIVE'S PRIMARY MISSION IS TO PROVIDE SERVICE TO ITS APPROXIMATELY 23,000 MEMBER-OWNERS IN SOUTHERN ALABAMA. false false DISTRIBUTION OF ELECTRIC ENERGY TO COOPERATIVE MEMBERS. SALARIES OF MANAGEMENT AND KEY PERSONNEL ARE REVIEWED BY THE BOARD USING COMPARABLE DATA FROM OTHERS IN THE INDUSTRY. PERIODICALLY, POSITIONS AND SALARIES ARE REVIEWED BY AN OUTSIDE CONSULTANT. false false false false false false false false false true false true false true false false 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 15 0 false 81 false false false false false false 53891043 763141 false false false X 6 6 false false false false true true true true true false false false true true true true true true false false KIM CARTER 3342224121 18836 US HWY 84 ANDALUSIA AL 36421 CHARLES E SHORT PRESIDENT & 55.00 X 316504 0 56531 MARK G PARKER COO & SENIOR 55.00 X 185262 0 84229 KIMBERLY M CARTER VP FINANCE 50.00 X 168041 0 99152 BERT L CHAMPION VP ENG & OPE 50.00 X 147521 0 103100 JAMES M KYSER OPERATIONS M 50.00 X 132765 0 50141 GREGORY D FLEMING MEMBER SERV 40.00 X 109550 0 63586 MARK BENSON ACCOUNTING M 40.00 X 101364 0 46859 RANDALL HELMS SERVICEMAN 52.00 X 100903 0 37772 JOHN JOHNSON CONSTRUCTION 41.00 X 109510 0 25349 PATRICIA C JANASKY TRUSTEE 5.00 X 27822 0 0 WILLIAM G KING JR TRUSTEE 4.00 X 24447 0 0 WILLIE B SMITH JR CHAIRMAN 5.00 X X 24072 0 0 C HEFLIN SMITH VICE CHAIRMA 4.00 X X 24072 0 0 JAMES F MARTIN JR SECRETARY/TR 2.00 X X 22947 0 0 GARY H HARRIS TRUSTEE 3.00 X 21447 0 0 1516227 566719 9 false true false LEE ELECTRICAL CONSTRUCTION PO BOX 55 ABERDEEN NC 28315 CONTRACT CONST 668262 HTC LLC 12345 RIDGEVIEW LOOP ANDALUSIA AL 36421 CONTRACT CONST. 531119 ASPLUNDH TREE EXPERT PO BOX 532729 ATLANTA GA 303532729 ROW CLEARING 292422 MUSGROVE CONSTRUCTION 708 BLAIRMILL RD WILLOW GROVE PA 19090 CONTRACT CONST 184196 PATTERSON & DEWAR ENGINEERS PO BOX 2808 NORCROSS GA 30091 CONTRACT SERV 172176 7 SALES OF ELECTRICITY 53282945 53282945 POLE RENTALS 763141 763141 OTHER SALES TO MEMBERS 608098 608098 54654184 1846480 1846480 OTHER NON-OPERATING REVENUE 221000 1278616 1278616 1278616 57779280 55169659 2609621 1865712 962135 554092 3049392 4272167 COST OF POWER 30300369 ADMIN & GENERAL EXP 3676262 DIST EXP - MAINTENANCE 3600189 CONSUMER ACCOUNTS EXP 1668483 4403397 54352198 0 0 0 1916471 2321147 12200000 28700000 1316767 1661587 233379 1223313 956458 1092346 3978115 3332538 150764380 37537252 110243904 113227128 24051297 24762372 1649226 1324426 156545617 177644857 7474053 9029755 68123615 85052595 9352755 8426672 84950423 102509022 X 93918 94428 71501276 75041407 71595194 75135835 156545617 177644857 X 3427082 113559 X false true true false 150764380 37537252 113227128 113227128 INVESTMENTS IN ASSOCIATED ORG. 24762372 C 24762372 BENEFITS 2882684 FINANCE LEASE 2322745 CUSTOMER DEPOSITS 1958532 DEFERRED CREDITS 1262711 8426672 false false false CHARLES E SHORT PRESIDENT & CEO 214747 101757 39448 17083 373035 MARK G PARKER COO & SENIOR VP 170000 15262 65945 18284 269491 KIMBERLY M CARTER VP FINANCE 148472 19569 89681 9471 267193 BERT L CHAMPION VP ENG & OPER 133913 13608 85673 17427 250621 JAMES M KYSER OPERATIONS MANAGER 119776 12989 32676 17465 182906 GREGORY D FLEMING MEMBER SERV MANAGER 102914 6636 46138 17448 173136 FORM 990 PART IX, LINE 4- RETIREMENT OF PATRONAGE CAPITAL CREDITS DISCLOSED REPRESENT THE RETIREMENT OF PATRONAGE CAPITAL ALLOCATED IN PRIOR YEARS WHICH WERE PAID TO MEMBERS IN THE CURRENT YEAR. FORM 990, PAGE 2, PART III, LINE 4D SALARIES OF MANAGEMENT AND KEY PERSONNEL ARE REVIEWED BY THE BOARD USING COMPARABLE DATA FROM OTHERS IN THE INDUSTRY. PERIODICALLY, POSITIONS AND SALARIES ARE REVIEWED BY AN OUTSIDE CONSULTANT. FORM 990, PAGE 6, PART VI, LINE 6 FORM 990, PART VI, SECTION A, LINE 6: COVINGTON ELECTRIC COOPERATIVE, INC. IS AN ELECTRIC DISTRIBUTION COOPERATIVE CONSISTING OF APPROXIMATELY 23,000 MEMBERS. EACH CUSTOMER OF THE COOPERATIVE RECEIVING ELECTRIC SERVICE IS A MEMBER. FORM 990, PAGE 6, PART VI, LINE 7A FORM 990, PART VI, SECTION A, LINE 7A: THE COOPERATIVE IS DIVIDED INTO 6 DISTRICTS. THE MEMBERS ARE ALLOWED TO VOTE FOR THE ELECTION OF A DIRECTOR FOR EACH DISTRICT. FORM 990, PAGE 6, PART VI, LINE 7B FORM 990, PART VI, SECTION A, 7B: MEMBERS ARE ALLOWED TO VOTE ON PROPOSED BY-LAW CHANGES DURING THE ANNUAL MEMBERSHIP MEETING. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990, PART VI, SECTION B, LINE 11B: THE FORM 990 IS PREPARED BY THE COOPERATIVE'S INDEPENDENT AUDITOR. IT IS PRESENTED FOR REVIEW BEFORE IT IS FILED. IF DISCREPANCIES ARE FOUND, CORRESPONDING CORRECTIONS ARE MADE PRIOR TO ITS FILING. FORM 990, PAGE 6, PART VI, LINE 12C FORM 990, PART VI, SECTION B, LINE 12C: POLICY NO. 154, CONFLICT OF INTEREST POLICY HAS BEEN ENACTED BY THE COOPERATIVE TO OUTLINE THE CONDUCT OF TRUSTEES AND EMPLOYEES IN REGARDS TO CONFLICTS OF INTEREST. EACH TRUSTEE AND EMPLOYEE SIGNS AN AGREEMENT. FORM 990, PAGE 6, PART VI, LINE 15A FORM 990, PART VI, SECTION B, LINE 15: SALARIES OF MANAGEMENT AND KEY PERSONNEL ARE REVIEWED BY THE BOARD USING COMPARABLE DATA FROM OTHERS IN THE INDUSTRY. PERIODICALLY, POSITIONS AND SALARIES ARE REVIEWED BY AN OUTSIDE CONSULTANT. FORM 990, PAGE 6, PART VI, LINE 19 FORM 990, PART VI, SECTION C, LINE 19: ALL NEW MEMBERS ARE PROVIDED WITH A COPY OF THE BYLAWS. THE COOPERATIVE PROVIDES ALL ACTIVE MEMBERS CONDENSED FINANCIAL STATEMENTS AT THE ANNUAL MEETING OF MEMBERS. POLICIES AND OTHER FINANCIAL INFORMATION IS AVAILABLE TO MEMBERS UPON REQUEST. FORM 990, PART XI, LINE 9 GAINS ON CAPITAL CREDITS RETIRED AND CHANGES 0 IN OTHER EQUITIES 113,559 TOTAL 113,559