2020-10-14T06:57:22-07:00 2019-12-31 541320089 ADAMS JENKINS CHEATHAM PC 231 WYLDEROSE DR MIDLOTHIAN VA 23113 990 2019-01-01 520492367 SOUTHERN MARYLAND ELECTRIC COOPERATIVE INC SOUT 3012744328 PO BOX 1937 HUGHESVILLE MD 20637 Sonja M Cox President & CEO 2020-10-14 true G STEVEN GILLIAM CPA P00348264 8043231313 2019 2021-04-22 16:20:28Z Sonja M Cox PO BOX 1937 HUGHESVILLE MD 206371937 459856236 false X www.smeco.coop X 1937 MD Safe and effective distribution of electricity to the members of Southern Maryland Electric Cooperative. 15 15 562 0 72147 0 468307740 454675379 561185 535565 3674889 4585425 472543814 459796369 0 26074752 27931085 66256808 63500162 0 0 376608857 363907544 468940417 455338791 3603397 4457578 1032050106 1049770342 826726453 820935788 205323653 228834554 Safe and effective distribution of electricity to the members of Southern Maryland Electric Cooperative. false false Safe and effective delivery of electricity to the members of Southern Maryland Electric Cooperative. The three largest program expenses were:Cost of power $241,755,040Depreciation $38,990,820Other Salaries and Wages $45,717,205 false false false false false false false false false true false false true 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 false true true true false true 161 0 true 562 true true true false false false false 434700669 5642896 false false false X 15 15 false false false false true true true true true false false true true true true true true true true false AR AZ CA FL GA IA IL IN KS KY LA MD MN MS NC RI SC VA X the corporation 3012744328 15035 Burnt Store Road Hughesville MD 206371937 Austin J Slater Jr President & CEO 50.00 0.20 X 616373 0 90573 Kenneth M Capps SR VP & COO 50.00 0.00 X 339526 0 150835 Sonja M Cox SR VP & CFO 50.00 0.20 X 322602 0 102563 Mark A MacDougall SR VP & COUNSEL 50.00 0.10 X 316472 0 91461 Joseph Trentacosta SR VP & CIO 50.00 0.00 X 311834 0 77231 Arthur Kingsley VP Trans & Subst 50.00 0.00 207889 0 82260 Eugene Bradford VP Rates & Eng. Pr 50.00 0.00 183744 0 74981 Kenneth McKenzie IT Infra. Dir. 50.00 0.00 188678 0 47341 Thomas Dennison Govt & Pub Aff Dir 50.00 0.00 183438 0 45618 John Bredenkamp Proj. Mgr Ser Dir 50.00 0.00 182819 0 32583 Peter S White Chairman 4.00 0.00 X X 40150 0 0 William L Purnell Director 5.00 0.10 X 34600 0 0 W Michael Phipps Vice Chairman 4.00 0.10 X X 32350 0 0 Richard A Winkler Director 4.00 0.10 X 31850 0 0 W Rayner Blair III Director 3.00 0.10 X 31350 0 0 William R Cullins III Director 3.00 0.00 X 31100 0 0 Kenneth L Dyson Asst. SEC/TREAS 3.00 0.00 X X 30900 0 0 Joseph D Frederick Director 4.00 0.00 X 30700 0 0 James A Richards Director 3.00 0.00 X 30000 0 0 Fern G Brown Sec/Treas 3.00 0.00 X X 29800 0 0 Joseph V Stone Jr Director 3.00 0.10 X 29550 0 0 Nancy W Zinn Director 3.00 0.00 X 28200 0 0 Samuel J Hammett Director 2.00 0.10 X 26550 0 0 Gilbert O Bowling Director 2.00 0.00 X 26400 0 0 Daniel W Dyer Director 2.00 0.00 X 25200 0 0 3312075 795446 212 false true false Penn Line Service Inc 300 Scottdale Ave Scottdale PA 15683 ROW maintenance 8295047 ICF Resources INC 9300 Lee Highway Fairfax VA 22031 Mgr EmPower MD EEP 6446132 Scheibel Construction 115 Prospect Drive Huntingtown MD 20639 Construction Cont. 3332948 Pro Tech Utilities Inc 4623 Belvieu Ave Baltimore MD 21207 UG Cable Installer 2294831 Itron Inc 2111 North Molter Rd Liberty Lake WA 99019 Emp MD. Verification 4569856 61 0 CONTRIB. IN AID OF CONST. 221000 4662499 4662499 PATRONAGE ALLOC. RECEIVED 221000 2166781 2166781 SALE AND DIST. OF ELECT. 221000 447846099 447846099 454675379 535565 535565 0 0 308437 2138048 59867 248570 2138048 2386618 77203 2309415 0 0 0 0 DSM Recovery 221000 1833247 1833247 Equity Earnings Smeco Sol 168418 168418 Power solutions & other 221000 168360 168360 28782 28782 2198807 459796369 456951389 2844980 X 0 0 0 27931085 2878170 0 45717205 9983765 2298061 2622961 0 602941 176400 0 0 0 0 0 0 0 0 0 3184159 0 312433 25078924 0 38990820 0 Cost of power 241755040 Customer service and informati 20567252 Taxes 12918494 Admin & General 9769980 10551101 455338791 0 0 0 2660464 2614342 1084032 55057 0 55623091 54800538 0 0 0 13350347 13232785 56252141 55903349 1204568863 410634173 789815977 793934690 0 10567729 11960330 21134338 25776022 0 81561987 91493229 1032050106 1049770342 23692964 28169278 698719303 688501876 104314186 104264634 826726453 820935788 X 205323653 228834554 205323653 228834554 1032050106 1049770342 X 4457578 19053323 X false true X true false 1204568863 410634173 793934690 793934690 Capital Term Certificates 4327714 C NRUCFC 3477724 C Federated Rural Electric Insurance Corp. 1268612 C CoBank 9011960 C Other 357599 C Alliance for COOP Energy Svcs. Power Mkt 1266980 C OTHER - NYMEX 6065433 F AR Assoc. Company 63496 Other accounts receivable & accr. int. 5315167 Other Accrued Utility Revenue 6428998 RECS 3819818 Regulatory Assets - AMI 41434581 Regulatory assets - DR and Empower prog, 34431169 91493229 ACCRUED INTEREST 3178606 Accrued Payroll 3907323 Accrued Pension and post-retirement ben. 60764973 Accrued vacation 5042833 Advance billing 5372349 BSA Overage 386174 Capital Lease Obligation 2335169 Customer Deposits 8580805 Deferred Credits 2469174 Derivative Liabilities 10814376 Due to Retail Choice Suppliers 783752 OTHER 629100 104264634 X true true X X X X X false true false Arthur Kingsley VP Trans & Subst 188258 12752 6879 74525 7735 290149 Austin J Slater Jr President & CEO 500000 75000 41373 76872 13701 706946 31731 Eugene Bradford VP Rates & Eng. Pr 174336 12263 -2855 56888 18093 258725 John Bredenkamp Proj. Mgr Ser Dir 172028 12786 -1995 29782 2801 215402 Joseph Trentacosta SR VP & CIO 291417 21389 -972 56113 21118 389065 Kenneth M Capps SR VP & COO 312689 21129 5708 127407 23428 490361 Kenneth McKenzie IT Infra. Dir. 183100 13283 -7705 26637 20704 236019 Mark A MacDougall SR VP & COUNSEL 291406 20823 4243 84539 6922 407933 Sonja M Cox SR VP & CFO 298156 21884 2562 79191 23372 425165 Thomas Dennison Govt & Pub Aff Dir 163191 10482 9765 43846 1772 229056 Part I, Line 1a: Relevant information in regards to selections on 1a. Southern Maryland Electric Cooperative has a Corporate Wellness policy available to all full-time employees of the Cooperative. Gym memberships are eligible for up to a $20 reimbursement monthly. No individuals listed on this schedule participated in this program. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Southern Maryland Electric Cooperative is an Electric Membership Corporation that delivers electricity to the members of the Cooperative. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Members of the governing board are elected by the membership of the Cooperative. Each member receives one vote. The board has monthly meetings and an annual meeting that is open to the entire membership. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders The Cooperatives by-laws are voted on by the members of the Cooperative. Form 990, Part VI, Line 11b: Form 990 Review Process A draft copy of the Form 990 is provided to the Board of Directors the week prior to the board meeting. The day of the board meeting, the 990 is presented to the Policy, Audit and Budget Committee by the independent CPA Firm. The Committee then makes a recommendation for approval at the full board meeting that follows. The President & CEO and Senior Vice President & CFO are present at the Board meeting to answer any additional questions the Board members may have regarding the Form. Once approved, the Form 990 is then filed with the Internal Revenue Service. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts A questionnaire is completed by the directors, officers and key employees of the Cooperative. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management A salary structure and comparison study is obtained from an independent consultant. The Board of Directors completes an appraisal and discusses with the CEO. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees A salary structure and comparison study is obtained from an independent consultant. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST. FINANCIAL DATA IS ALSO INCLUDED ON THE 990 WHICH IS AVAILABLE UPON REQUEST. FINANCIAL DATA IS ALSO AVAILABLE ON THE COOPERATIVE'S WEBSITE. Other Changes In Net Assets Or Fund Balances - Other Decreases Contributions in aid of construction not revenue per gaap = -$4662499 Other Changes In Net Assets Or Fund Balances - Other Decreases Distribution of capital credits to members = -$3831884 Other Changes In Net Assets Or Fund Balances - Other Decreases equity investment adjustment to match k-1 = -$2536 Other Changes In Net Assets Or Fund Balances - Other Increases Net change in donated capital = $434180 Other Changes In Net Assets Or Fund Balances - Other Decreases Net OCI Adjustment = -$2092437 Other Changes In Net Assets Or Fund Balances - Other Increases Non cash patronage capital allocations not revenue per IRS = $1277414 Other Changes In Net Assets Or Fund Balances - Other Increases Patronage Div. paid to members' accts not expense per gaap = $27931085 990 Part IX Line 17 Travel Travel costs include the expenses of purchasing, leasing, operating, and repairing any vehicles owned by the organization and used for the organization's activities. 990 Part IX Line 4 Benefits paid to or for members Patronage dividends are paid / allocated to members' accounts in accordance with pre-existing obligation in Cooperative's by-laws. The Corporation is obligated to pay by credits (allocate) to a capital account for each patron all such amounts in excess of operating costs and expenses.IRS instructions for line 4 changed in 2011 to include patronage dividends paid by section 501(c)(12) organizations to their members. Accordingly, these amounts are now reported on line 4. SMECO WORKERS COMPENSATION PLAN 15035 BURNT STORE RD PO BOX 1937 HUGHESVILLE MD 206371937 521309853 PROVIDES WORKERS COMP. BENEFITS TO EMPLOYEES & BENEFICIARIES MD 501 (c) 4 SOUTHERN MARYLAND ELECTRIC COOPERATIVE false SMECO Charitable Foundation Inc PO Box 74 Hughesville MD 20637 813611883 Charitable Activities MD 501 (c) 3 SOUTHERN MARYLAND ELECTRIC COOPERATIVE false SMECO Solar LLC 15035 Burnt Store Road Hughesville MD 20637 453047686 Solar Energy MD SMECO C corp 168418 12325794 1.00000 true true false false false false false false false false false false false false false true true true true false SMECO WORKERS COMPENSATION PLAN r 752234 Cost SMECO Charitable Foundation Inc q 17076 Cost SMECO Solar LLC a 77203 FMV SMECO Solar LLC o 27411 Fully Dist Cost SMECO Solar LLC p 1790065 FMV SMECO Solar LLC q 55865 Cost