2020-09-29T11:08:45-07:00 2019-12-31 911900424 DECORIA MAICHEL AND TEAGUE PS 7307 N DIVISION ST Ste 222 SPOKANE WA 992086545 990 2019-01-01 930146827 Coos-Curry Electric Cooperative Inc COOS 5413323931 PO Box 1268 Port Orford OR 97465 Frank Corrales Jr CFO 2020-09-29 true Brandon J Blair P01966667 5093282400 2019 2021-04-22 16:20:28Z Brent Bischoff PO Box 1268 Port Orford OR 97465 38547150 false X www.ccec.coop X 1939 OR Distribution and sale of electric energy to its members located in substantially all of Curry County, Oregon & portions of Coos County & Douglas County, Oregon. Revenues are substantially derived from the cooperative's residential, commercial and industrial customers. 7 7 70 239305 238305 0 37283263 37802126 519676 502373 250379 241423 38053318 38545922 0 3949547 3413969 5884085 6501055 0 0 28219686 28630898 38053318 38545922 0 106012066 106840089 49095360 47928887 56916706 58911202 Distribution and sale of electric energy to its members located in substantially all of Curry County, Oregon & portions of Coos County & Douglas County, Oregon. Revenues are substantially derived from the cooperative's residential, commercial and industrial customers. false false Distribution and sale of electric energy to approximately 15,000 cooperative members. false false false false false false false false false true false true false true true true false false false false false false false false false false false false true false false false false true true false false false false false true true true false true 47 0 true 70 true true true false false false false 37568332 1100907 false false false X 7 7 false false false false true true true true true false false true true true true true true true true false X Frank Corrales Jr 5413323931 PO Box 1268 Port Orford OR 97465 Brent Bischoff CEO/General Mgr 41.00 0.00 X 244643 0 66921 Matthew Mjelde Engineering Manager 44.00 0.00 174823 0 135907 Randy McDonald Operations Manager 43.00 0.00 169512 0 135952 Frank Corrales Jr CFO 43.00 0.00 X 171565 0 113278 Kyle Duey Line Foreman 51.00 0.00 141829 0 109718 Timothy Hawkins Line Foreman 52.00 0.00 154039 0 96293 Daniel Springer CIO 42.00 0.00 X 172868 0 52288 Jacob Knudsen Marketing & Member Serv Mgr 42.00 0.00 167085 0 56441 Donald Alexander Line Foreman 52.00 0.00 149961 0 40649 Shane Johnson Journeyman Lineman 57.00 0.00 144185 0 37340 Scott Elliott Line Foreman 56.00 0.00 138836 0 36326 Peter C Radabaugh Director 9.00 0.00 X 9500 0 0 Daniel Loshbaugh Director 8.00 0.00 X 8600 0 0 Cheryl McMahan Director 8.00 0.00 X 7250 0 0 John G Herzog President 8.00 0.00 X X 7100 0 0 Georgia A Cockerham Vice President 7.00 0.00 X X 7000 0 0 Daryl C Robison Director 7.00 0.00 X 6300 0 0 Jim Kolen Secretary/Treas 9.00 0.00 X X 5000 0 0 1880096 881113 37 false true false Jensens Tree Service Inc PO Box 610 Winston OR 97496 Right-of-way clearin 1088667 Western Pacific Tree Service PO Box 998 Brookings OR 97415 Right-of-way clearin 1017936 SEDC 100 Ashford Center North Suite 500 Atlanta GA 30338 Computer software service 333085 Trice Underground Inc 84304 Pheasant Ln Pheasant Hill OR 97455 Trenching service 244860 RACOM Corp 201 W State St Marshalltown IA 50158 Radio system consultants 207923 10 0 Electric energy sales 221000 37566824 37566824 Pole rentals 221000 235302 235302 37802126 492101 338649 153452 0 0 2118 2118 2118 2118 11500 1228 10272 10272 10272 0 0 0 Provide IT services 541519 239305 239305 239305 38545922 37915745 239305 390872 0 0 0 3413969 1712033 0 2882502 575041 1109729 221750 0 41938 19500 0 0 0 7325 42400 113315 347704 0 153262 253267 0 0 2184899 95971 4247232 255396 Purchased power 13783058 Distribution - O&M 4205304 Admin & General 1088467 Taxes 1048210 743650 38545922 0 0 0 1104549 884164 3010186 3374663 0 4928753 4916208 0 0 0 1321297 1492668 2751080 2604398 140185555 52810697 86888405 87374858 0 0 6007796 6193130 0 0 106012066 106840089 3790413 3914342 42078673 40623965 3226274 3390580 49095360 47928887 X 72595 72755 53813827 54108253 3030284 4730194 56916706 58911202 106012066 106840089 X 0 1994496 X false true X true false 1828790 1828790 5542334 3166523 2375811 9823170 7782319 2040851 122991261 41861855 81129406 87374858 6193130 Consumer deposits 1114465 Deferred credits 709877 Postretirement benefit obligation 1566238 3390580 X 38318201 38318201 227721 227721 38545922 34904232 34904232 3641690 3641690 38545922 Part X : FIN48 Footnote The Cooperative is generally exempt from federal income tax under Section 501(c)(12) of the Internal Revenue Code. An exemption from the State of Oregon corporation excise tax is provided by Oregon Revised Statutes 317.080. However, the Cooperative is subject to Federal and Oregon unrelated business income tax. The Cooperative had unrelated business income totaling $40,209 and $56,806 during 2019 and 2018, respectively.The Cooperative has adopted ASC Topic 740-10, Income Taxes, relating to accounting for uncertain tax positions. The Cooperative has not identified any uncertain income tax positions that would jeopardize its tax-exempt status. The Cooperative's income tax returns are subject to review and examination by federal authorities. With few exceptions, the tax returns essentially remain open for possible examination for a period of three years after the respective filing deadlines of those returns. Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S Non-operating expenses - IT Services $183367 Non-operating expenses - other $28625 IT Services income tax estimate $15729 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Patronage capital to be allocated $3413969 Non-operating expenses - IT services $183367 Non-operating expenses - other $28625 IT Services income tax estimate $15729 X X X false false false Brent Bischoff CEO/General Mgr 242998 1645 32850 34071 311564 Daniel Springer CIO 172569 299 19015 33273 225156 Donald Alexander Line Foreman 147234 2727 19549 21100 190610 Frank Corrales Jr CFO 165150 6415 86866 26412 284843 Jacob Knudsen Marketing & Member Serv Mgr 166781 304 30149 26292 223526 Kyle Duey Line Foreman 139737 2092 88499 21219 251547 Matthew Mjelde Engineering Manager 169721 5102 109689 26218 310730 Randy McDonald Operations Manager 166751 2761 109623 26329 305464 Scott Elliott Line Foreman 138645 191 15105 21221 175162 Shane Johnson Journeyman Lineman 144015 170 16240 21100 181525 Timothy Hawkins Line Foreman 149595 4444 75074 21219 250332 Brent Bischoff PNGC Director 13603588 Purchased power-PNGC false Mitch McDonald Son of Oper Mgr 168707 Wages & benefits false Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The organization is a Cooperative formed to provide electric service to its members. The members elect the governing body and approve changes in the by-laws. Members receive a share of the Cooperatives margins through the approval of retirement of patronage dividends. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body There is one class of membership for all members. A member is entitled to one vote to elect directors and to make changes to the Cooperatives by-laws. Form 990, Part VI, Line 11b: Form 990 Review Process The Board of Directors reviews the Form 990 prior to submission. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The Board of Directors and employees undersign to the fact that they have received, read and understand the conflict of interest policy. The policy is reviewed annually by the Board members and supervisors review the policy with employees. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The Board of Directors evaluate the CEO's performance. An independent compensation consultant is obtained every third year to assist the Board in determining the CEO's compensation package. Supervisors of other key employees (all employees) set annual goals and assess each employee's performance on a daily basis. The methodology of developing a wage scale range for job positions within the organization is approved by the Board of Directors using an established compensation policy. All changes to compensation of key employees (all employees) must be approved in writing by the CEO. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Items that legally must be provided are done so upon request. The year end audited financial information is published in the annual membership meeting bulletin. Other Changes In Net Assets Or Fund Balances - Other Decreases Capital credit retirement = -$2080895 Other Changes In Net Assets Or Fund Balances - Other Decreases Decrease in memberships = -$0 Other Changes In Net Assets Or Fund Balances - Other Increases Discount on early retirement of cap credits = $62008 Other Changes In Net Assets Or Fund Balances - Other Increases Increase in memberships = $160 Other Changes In Net Assets Or Fund Balances - Other Increases Other comprehensive income = $209627 Other Changes In Net Assets Or Fund Balances - Other Increases Patronage capital to be allocated = $3413969 Other Changes In Net Assets Or Fund Balances - Other Increases Unclaimed patronage capital activity = $389627 Form 990, Part IX, Line 4 - Explanation of Benefits Paid to Members The IRS instructions clarify that patronage dividends paid by 501(c)(12) organizations should be reported in the statement of functional expenses on line 4. The Cooperative has allocated 100% of its current year margins as patronage dividends to its members and reported this amount on line 4. The Cooperative's accounting system follows generally accepted accounting principles (GAAP) which do not report patronage dividends as an expense; as such, the current year margins are also recorded as a reconciling item on Schedule D Part XIII of the Form 990. Coos-Curry Electric Charitable Foundatio PO Box 1268 Port Orford OR 97465 825227031 Support charitable programs OR 501(c)(3) 170(b)(1)(A)(vi) Coos-Curry Electric Cooperative Inc true false true false false false false false false false false false false false false false false false false false