2020-11-05T16:45:26-06:00 2019-12-31 430352985 KERBER ECK & BRAECKEL LLP 3401 OFFICE PARK DRIVE MARION IL 62959 990 2019-01-01 370525125 SOUTHERN ILLINOIS ELECTRIC COOPERATIVE SOUT 6188273555 PO BOX 100 DONGOLA IL 62926 DAVID A JOHNSTON EXECUTIVE VICE PRESIDENT 6188273555 2020-11-05 1 ANNA GUETERSLOH P01315485 6189938724 2020-10-21 66.220.95.27 2020-11-05 08:12:51 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 34F6E04C7B21FCB7372CFAC9DD4F1540E9B213FD 2019 2021-04-22 16:20:28Z DAVID JOHNSTON PO BOX 100 DONGOLA IL 62926 30042820 0 X WWW.SIEC.ORG X 1936 IL RESPONSIBLY AND SAFELY PROVIDE SERVICES TO EMPOWER OUR MEMBERS AND COMMUNITIES. 9 9 43 0 0 0 0 0 29472681 29011866 51041 74426 1013922 956528 30537644 30042820 0 0 412714 395473 4168897 3957024 0 0 0 23964723 22567704 28546334 26920201 1991310 3122619 83958777 85356454 46150363 41716897 37808414 43639557 RESPONSIBLY AND SAFELY PROVIDE SERVICES TO EMPOWER OUR MEMBERS AND COMMUNITIES. 0 0 25299325 29930554 DISTRIBUTION OF ELECTRIC ENERGY TO COOPERATIVE MEMBERS 25299325 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 43 1 0 0 0 0 0 0 0 29049706 993114 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X DAVID JOHNSTON 6188273555 PO BOX 100 DONGOLA IL 62926 G ROBERT INMAN DIRECTOR 5.33 X 9400 0 0 WILLIAM LITTRELL DIRECTOR 1.15 X 6580 0 0 CAROLE KELLEY DIRECTOR 3.29 X 5758 0 0 RANDALL RUSHING DIRECTOR 2.40 X 4700 0 0 DAVID MARTIN PRESIDENT OF BOARD 4.81 X 7402 0 0 SCOTT MILLER DIRECTOR 1.50 X 5170 0 0 LAMAR HOUSTON DIRECTOR 1.69 X 6463 0 0 SCOTT URY DIRECTOR 2.15 X 5052 0 0 BOB MCINTOSH VICE PRESIDENT 2.65 X 7637 0 0 JULIE WILKE DIRECTOR OF FINANCE AND AD 40.00 X 103123 0 31057 DAVID JOHNSTON EXECUTIVE VICE PRESIDENT 40.00 X 135512 0 33548 NATHAN D MENEES UTILITY SERVICEMAN 48.88 X 129755 0 25632 MICHAEL L LOGEMAN DIRECTOR OF ENGINEERING 40.00 X 116328 0 20502 JEFFERY W PALMER LINEMAN 44.28 X 115784 0 24644 STANLEY TREAT UTILITY SERVICEMAN 49.17 X 132620 0 25809 BRIAN DIRDEN LINEMAN 44.38 X 109447 0 24212 900731 0 185404 7 0 1 0 ASPLUNDH TREE EXPERT 1700 SOLUTIONS CENTER CHICAGO IL 60677 TREE TRIMMING 1025253 1 ELECTRIC SALES 221000 28770028 28770028 FORFEITED DISCOUNTS 221000 186912 186912 OTHER ELECTRIC REVENUE 221000 54926 54926 29011866 74426 74426 37840 0 37840 37840 37840 PATRONAGE CAPITAL CREDITS 221000 918688 918688 918688 30042820 29930554 0 112266 395473 395473 361402 361402 3595622 2899885 695737 28973 28973 14800 14800 91131 74339 16792 116838 54339 62499 94752 94752 29093 29093 1481191 1481191 2758290 2758290 41185 41185 PURCHASED POWER 15796823 15796823 MOWING, TRIMING & MAINT 1121878 1121878 MATERIALS 723892 685431 38461 DUES TO ORGANIZATIONS 154727 154727 114131 31676 82455 26920201 25299325 1620876 0 262654 268438 2699040 3192358 355363 350604 164614 239679 88330236 24268903 63795183 64061333 16681923 17244042 83958777 85356454 3895155 3257130 35289168 34088441 6966040 4371326 46150363 41716897 X 0 0 1065476 3789221 36742938 39850336 37808414 43639557 83958777 85356454 X 3122619 2708524 X 0 1 X 1 0 128269 128269 4495076 1018591 3476485 83666711 23250312 60416399 40180 40180 64061333 NRUCFC CAPITAL TERM CERTIFICATES 1066778 C PATRONAGE CAPITAL FROM POWER SUPPLIER 14396423 C NRUCFC PATRONAGE CAPITAL 1007576 C PATRONAGE CAPITAL FROM OTHERS 470154 C OTHER INVESTMENTS 3111 C COMMERCIAL PAPER INVESTMENT 300000 C 17244042 ACCUMULATED PROVISION FOR POST-RETIREMENT BENEFITS 3620636 CONTRACT LIABILITIES - CUSTOMER DEPOSITS 705743 UNAMORTIZED GAIN ON REAQUIRED DEBT 5402 CUSTOMER PREPAYMENTS 496 DEFERRED REVENUE 39049 4371326 X 30042820 0 30042820 0 30042820 26524728 0 26524728 395473 395473 26920201 PART X, LINE 2: THE COOPERATIVE IS EXEMPT FROM PAYMENT OF FEDERAL AND ILLINOIS INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. THE COOPERATIVE HAS RECOGNIZED IN THE FINANCIAL STATEMENTS THE EFFECTS OF ALL TAX POSITIONS AND CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE COOPERATIVE IS NOT AWARE OF ANY SIGNIFICANT CIRCUMSTANCES OR EVENTS THAT MAKE IT REASONABLY POSSIBLE THAT UNRECOGNIZED TAX BENEFITS MAY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE BALANCE SHEET DATE. PENALTIES AND INTEREST ASSESSED BY TAXING AUTHORITIES ARE INCLUDED IN GENERAL AND ADMINISTRATIVE EXPENSES, IF APPLICABLE. THERE WERE NO INTEREST OR PENALTIES PAID DURING FISCAL YEARS 2019 AND 2018. PART XII, LINE 4B - OTHER ADJUSTMENTS: RETIREMENT OF PATRONAGE CAPITAL CREDITS X 0 0 0 DAVID JOHNSTON EXECUTIVE VICE PRESIDENT 135512 0 0 0 0 0 11129 0 22419 0 169060 0 0 0 NATHAN D MENEES UTILITY SERVICEMAN 129755 0 0 0 0 0 9346 0 16286 0 155387 0 0 0 STANLEY TREAT UTILITY SERVICEMAN 132620 0 0 0 0 0 9523 0 16286 0 158429 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS APPROVES ALL COMPENSATION OF OFFICERS. FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE DISTRIBUTES ELECTRICITY TO APPROXIMATELY 11,300 MEMBERS. EACH "CUSTOMER" OF THE COOPERATIVE RECEIVING ELECTIRCAL SERVICE IS CONSIDERED A MEMBER. FORM 990, PART VI, SECTION A, LINE 7A AN ANNUAL MEETING IS HELD WHERE THE MEMBERS ARE ALLOWED TO VOTE FOR DIRECTORS. EACH YEAR THE MEMBERS VOTE FOR THREE DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE COOPERATIVE MEMBERS ARE ALLOWED TO VOTE ON PROPOSED BY-LAW CHANGES DURING THE ANNUAL MEMBERSHIP MEETING. FORM 990, PART VI, SECTION B, LINE 11B BOARD MEMBERS REVIEW A COPY OF THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR AND KEY EMPLOYEE ARE GIVEN A QUESTIONAIRE THAT REQUIRES THEM TO DISCLOSE ANY APPLICABLE CONFLICTS OF INTEREST. THIS IS DONE ON AN ANNUAL BASIS AND THE ENFORCEMENT IS DONE ON A PER INCIDENT BASIS, WITH ALL ASPECTS OF THE CONFLICT TAKEN INTO CONSIDERATION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS HOLDS AN EXECUTIVE SESSION MEETING TO DETERMINE AND APPROVE ALL TOP MANAGEMENT COMPENSATION. COMPARABILITY DATA IS MADE AVAILABLE FOR THEIR REVIEW. THE SAME METHOD IS USED TO DETERMINE COMPENSATION FOR KEY EMPLOYEES FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: NET MEMBERSHIPS RECEIVED 2,245. POST RETIREMENT BENEFIT 2,706,279.