2019-10-08T14:52:38-05:00 2019-06-30 743074343 WHITLOCK & COMPANY PC 375 FOUNTAIN VIEW CIRCLE ALCOA TN 377011945 990 2018-07-01 620204106 FORT LOUDOUN ELECTRIC COOPERATIVE FORT 8773532674 PO BOX 1030 VONORE TN 37885 MICHAEL C WEBB CFO 4238842049 2019-09-30 true SARAH MOSCRIPT P01913336 8659819638 2019-10-04 52.38.98.93 2019-10-08 14:52:38 CD P 08BD273990EA01E5E38543C8FC488B7685EB5954 10A0BECF2D891FF139C59B4491DA4416E34C514B 2018 2019-02-21 02:37:17Z JOHN LOOPE PO BOX 1030 VONORE TN 37885 71518971 false X WWW.FLEC.ORG X COOPERATIVE 1940 TN PROVIDE ELECTRICITY TO RURAL AREAS OF MONROE, LOUDON AND BLOUNT COUNTIES IN EAST TENNESSEE. 8 0 84 0 0 70174867 70747899 511937 666312 88780 104760 70775584 71518971 0 0 0 0 0 68201799 69189432 68201799 69189432 2573785 2329539 101416490 101622412 23225062 20576272 78191428 81046140 PROVIDE ELECTRICITY TO RURAL AREAS OF MONROE, LOUDON AND BLOUNT COUNTIES IN EAST TENNESSEE. false false PROVIDE ELECTRICITY TO RURAL AREAS OF MONROE, LOUDON AND BLOUNT COUNTIES IN EAST TENNESSEE. false false false false false false false false false true false false false true false true 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 46 0 84 true false false false false false 68224583 3294388 false false false X 8 0 false false false false true true true true true false false true true false false true true true true false X MICHAEL C WEBB 8773532674 116 TELLICO PORT RD VONORE TN 37885 LEWIS JONES BOARD MEMBER 2.00 X 11075 0 0 MICHAEL WIGGINS VICE PRESIDE 2.00 X X 10325 0 0 JAMES PUGH BOARD MEMBER 2.00 X 9875 0 0 JOHN LOOPE PRESIDENT 2.00 X X 9425 0 0 SHIRLEY HALL BOARD MEMBER 2.00 X 8825 0 0 VERNON DAVIS BOARD MEMBER 2.00 X 7475 0 0 ANGELA TALLENT SECRETARY/TR 2.00 X X 7175 0 0 JON GRUBB BOARD MEMBER 2.00 X 150 0 0 JARROD BRACKETT CEO 55.00 X 156318 0 41817 MICHAEL C WEBB CFO 50.00 X 128328 0 37222 CHAD KIRKPATRICK VP OPERATION 50.00 X 126581 0 37289 LISA LINGERFELT VP OF HUMAN 50.00 X 94485 0 32683 ANTHONY SCHAFFER SPVR/CORR - 54.00 X 140184 0 32736 710221 181747 4 false true false STRICKLAND TREE SERVICE STRICKLAND TREE SERVICE 904 STINNETT RD 904 STINNETT RD MADISONVILLE TN 37354 TREE CUTTING 1514248 BRIAN COADA BRIAN COADA 798 JONES DR 798 JONES DR GREENBACK TN 37742 UNDERGROUND INS 326272 DELTA BLUE LLC DELTA BLUE LLC PO BOX 281274 PO BOX 281274 NASHVILLE TN 37228 S.W. CONTRACTOR 146008 SOUTHEAST WOODLAND SERVICES SOUTHEAST WOODLAND SERVICES 431 CAINES LANDING RD 461 CAINES LANDING RD CONWAY SC 29526 RIGHT OF WAY SP 117640 LOCATE HOLDING INC LOCATE HOLDING INC PO BOX 713359 PO BOX 713359 CINCINNATI OH 45271 CONTRACTOR 116776 5 ELECTRIC SALES REVENUE 68224583 68224583 RENT FROM ELECTRIC PROPERTY 1542863 1542863 REVENUE FROM METER SET 443671 443671 REVENUE FROM LATE PAYMENTS 340418 340418 MISCELLANEOUS 196364 196364 70747899 666312 666312 FIBER OPTIC ACCESS RENTAL 104760 104760 104760 71518971 69205036 2313935 572198 5156480 POWER COSTS 52153570 MAINT - OVERHEAD LINES 3490385 DISTRIBUTION - GENERAL 1545253 ADMIN - SALARIES 1514219 4757327 69189432 0 0 0 601549 835790 13418652 13694300 4149376 3849161 1584910 1111722 1257480 1436951 449420 206525 133617678 58535322 74648704 75082356 999833 1023036 4306566 4382571 101416490 101622412 8109750 8041795 7585193 5883402 7530119 6651075 23225062 20576272 X 78191428 81046140 78191428 81046140 101416490 101622412 X 2329539 525173 X false true X true false 790574 790574 2922452 627165 2295287 119828219 52007970 67820249 8805598 5900187 2905411 1270835 1270835 75082356 CUSTOMER DEPOSITS 2024887 REFUNDABLE CONSTRUCTION ADVANCES 1240825 ADVANCES FROM TVA 1092086 ACCRUED POST EMPLOYMENT BENEFITS 1092052 ACCRUED VACATION 605711 ACCRUED TAXES 335891 MEMBERSHIP 163030 OTHER LIABILITIES 96593 6651075 71518971 71518971 71518971 69189432 69189432 69189432 false false false JARROD BRACKETT CEO 156318 41817 198135 MICHAEL C WEBB CFO 128328 37222 165550 CHAD KIRKPATRICK VP OPERATIONS 126581 37289 163870 ANTHONY SCHAFFER SPVR/CORR - ENG SERV 140184 32736 172920 FORM 990, PAGE 6, PART VI, LINE 6 THE COOPORATIVE IS A MEMBERSHIP ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 7A ELECTIONS ARE HELD EACH YEAR IN WHICH THE MEMBERS ELECT THE GOVERNING BOARD. THE ELECTED OFFICIAL SERVES FOR A THREE YEAR TERM. TERMS ARE STAGGERED SO THAT EITHER TWO OR THREE MEMBERS ARE ELECTED EACH YEAR. THE SERVICE AREA OF THE UTILITY IS DIVIDED INTO DISTRICTS, EACH OF THE EIGHT DISTRICTS ELECTING ONE REPRESENTATIVE TO SERVE THE MEMBERS IN THAT DISTRICT. FORM 990, PAGE 6, PART VI, LINE 7B CHANGES TO THE BYLAWS APPROVED BY THE BOARD OF DIRECTORS MUST THEN BE RATIFIED BY THE ORGANIZATION'S MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. A DRAFT IS PROVIDED TO THE ORGANIZATION'S ACCOUNTING STAFF AND CEO FOR REVIEW. UPON FINAL APPROVAL OF THE CEO AND ACCOUNTING STAFF, THE FINAL RETURN IS PRESENTED TO THE GOVERNING BODY WHO APPROVES THE 990 FOR FILING. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION USES FEDERAL, STATE AND REGIONAL COMPARABILITY DATA TO DETERMINE COMPENSATION FOR THE CEO. THE CEO'S COMPENSATION IS THEN SET AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B FEDERAL, STATE AND REGIONAL COMPARABILITY DATA IS USED TO ESTABLISH COMPENSATION FOR KEY AND OTHER EMPLOYEES. THE CEO APPROVES ALL COMPENSATION WHICH IS USED TO PREPARE THE ORGANIZATION'S ANNUAL BUDGET. THE BUDGET IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 NEW MEMBERS ARE PROVIDED WITH A COPY OF THE BYLAWS OF THE ORGANIZATION. IN ADDITION, ANY MEMBER MAY REQUEST A COPY OF THE BYLAWS AT ANY TIME. OTHER POLICY STATEMENTS, FINANCIAL STATEMENTS, OR OTHER DOCUMENTS CAN BE REQUESTED FROM THE ORGANIZATION'S CEO AND IS RELEASED AT THE APPROVAL OF THE CEO. FORM 990, PART XI, LINE 9 OTHER COMPREHENSICE INCOME: 0 AMORTIZATION OF ACTUARIAL LOSS 510,373 ACTUAL GAIN ON POST EMPLOYMENT BENEFITS 14,800 TOTAL 525,173