TALQUIN ELECTRIC COOPERATIVE INC: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- TALQUIN ELECTRIC COOPERATIVE INC (EIN 59-0474475)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-15
- IRS object ID
- 201903199349310870
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-15T13:11:57-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 582475857 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NICHOLS CAULEY & ASSOCIATES LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 BELLEVUE AVENUE | AddressLine1Txt |
| City | DUBLIN | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 310214152 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 590474475 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TALQUIN ELECTRIC COOPERATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TALQ | BusinessNameControlTxt |
| Phone | 8506277651 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX 1679 | AddressLine1Txt |
| City | QUINCY | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 323531679 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SEAN ALDERMAN | PersonNm |
| Person Title | DIRECTOR OF FINANCE | PersonTitleTxt |
| Phone | 8508755602 | PhoneNum |
| Signature | 2019-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CAL BRANTLEY CPA | PreparerPersonNm |
| PTIN | P00636393 | PTIN |
| Phone | 4782751163 | PhoneNum |
| Preparation | 2019-11-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 64.88.174.3 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-11-15 | IPDt |
| IP Tm | 08:46:35 | IPTm |
| IP Timezone | US | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 2BBE3A465ADA004519C03ECEA6212B386192D2C2 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 2CDF1180E4FE0C86154D05C4D806B2EA2FA8E399 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-04-17 16:48:07Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TRACY A BENSLEY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX 1679 | AddressLine1Txt |
| City | QUINCY | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 323531679 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $129,841,318 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.TALQUINELECTRIC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1940 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE ELECTRIC SERVICE TO MEMBERS | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 204 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $9,530 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $12,735 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $10,869 | PYContributionsGrantsAmt |
| CY Contributions Grants | $15,880 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $123,968,094 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $128,531,325 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,925,926 | PYInvestmentIncomeAmt |
| CY Investment Income | $53,086 | CYInvestmentIncomeAmt |
| PY Other Revenue | $9,344 | PYOtherRevenueAmt |
| CY Other Revenue | $9,530 | CYOtherRevenueAmt |
| PY Total Revenue | $126,914,233 | PYTotalRevenueAmt |
| CY Total Revenue | $128,609,821 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $10,869 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $15,880 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $3,810,051 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $3,414,025 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,313,678 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,624,966 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $116,939,272 | PYOtherExpensesAmt |
| CY Other Expenses | $119,917,203 | CYOtherExpensesAmt |
| PY Total Expenses | $123,073,870 | PYTotalExpensesAmt |
| CY Total Expenses | $125,972,074 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,840,363 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,637,747 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $277,964,744 | TotalAssetsBOYAmt |
| Total Assets EOY | $299,960,570 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $158,577,568 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $177,086,673 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $119,387,176 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $122,873,897 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE ELECTRIC SERVICE TO MEMBERS | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | TO PROVIDE ELECTRIC SERVICES TO MEMBERS | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 403 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 204 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (1) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (1) | NondeductibleContriDisclInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Members And Shr Gross Income | $125,242,774 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $3,079,340 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SEAN ALDERMAN | PersonNm |
| Phone | 8506277651 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1640 WEST JEFFERSON | AddressLine1Txt |
| City | QUINCY | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 323512134 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| CARRIE L DURDEN | |||||||||
| PRESIDENT | 4.15 | 4.15 | Yes (X) | Yes (X) | $20,550 | $0 | $0 | ||
| JOE ALEXANDER | |||||||||
| SECRETARY/TREASURER | 8.25 | 8.25 | Yes (X) | Yes (X) | $25,050 | $0 | $0 | ||
| CARLA PARARO | |||||||||
| TRUSTEE | 2.63 | 2.62 | Yes (X) | $19,800 | $0 | $0 | |||
| SAM FENN | |||||||||
| TRUSTEE | 1.00 | 1.00 | Yes (X) | $20,200 | $0 | $0 | |||
| DAVID B MILLER | |||||||||
| TRUSTEE | 2.75 | 2.75 | Yes (X) | $19,850 | $0 | $0 | |||
| CLIFFORD BRISTOL | |||||||||
| VICE PRESIDENT | 1.50 | 1.50 | Yes (X) | Yes (X) | $17,050 | $0 | $0 | ||
| BILLY VANLANDINGHAM | |||||||||
| TRUSTEE | 4.00 | 4.00 | Yes (X) | $16,400 | $0 | $0 | |||
| DOUG BRUCE | |||||||||
| TRUSTEE | 7.00 | 7.00 | Yes (X) | $16,300 | $0 | $0 | |||
| DAVID WRIGHT | |||||||||
| TRUSTEE | 4.50 | 4.50 | Yes (X) | $15,700 | $0 | $0 | |||
| TRACY A BENSLEY | |||||||||
| GENERAL MANAGER | 27.50 | 27.50 | Yes (X) | $377,098 | $0 | $107,815 | |||
| SEAN ALDERMAN | |||||||||
| DIRECTOR OF FINANCE | 23.00 | 23.00 | Yes (X) | $200,416 | $0 | $65,252 | |||
| TIM WADDLE | |||||||||
| DIRECTOR OF WATER & WW | 0.00 | 44.00 | $220,676 | $0 | $114,985 | Yes (X) | |||
| TONY GUILLEN | |||||||||
| DIRECTOR OF ENG. & OPER. | 50.00 | 0.00 | $194,613 | $0 | $64,438 | Yes (X) | |||
| MIKE TEMPLE | |||||||||
| DIR OF ADMIN SVS | 45.00 | 0.00 | $166,885 | $0 | $96,302 | Yes (X) | |||
| DANE CLEMONS | |||||||||
| DIRECTOR OF IT & COMM. | 40.00 | 0.00 | $183,384 | $0 | $51,289 | Yes (X) | |||
| DWIGHT CALLAHAN | |||||||||
| MANAGER OF INFO SVS | 40.00 | 0.00 | $155,891 | $0 | $67,793 | Yes (X) | |||
| BILL JAMES | |||||||||
| MANAGER OF ENGINEERING | 42.00 | 0.00 | $143,368 | $0 | $59,417 | Yes (X) | |||
| BLAKE FLOWERS | |||||||||
| DIRECTOR OF MEMBER SERVICES | 40.00 | 0.00 | $142,482 | $0 | $41,962 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,955,713 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $669,253 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 31 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| PIKE ELECTRIC INC | |||||
| PO BOX 1000 | MEMPHIS | TN | 381480517 | DISTRIBUTION CONSTRUCTION | $4,684,028 |
| NELSON TREE SERVICE INC | |||||
| 4489 SOLUTIONS CENTER | CHICAGO | IL | 606774004 | RIGHT OF WAY CLEARING | $4,004,034 |
| CSI CONTRACTING INC | |||||
| 1131 DADE STREET | QUINCY | FL | 32351 | CONSTRUCTION T6 | $1,263,748 |
| ASPLUNDH TREE EXPERT CO | |||||
| PO BOX 532729 | ATLANTA | GA | 303532729 | RIGHT OF WAY CLEARING | $1,222,107 |
| TIP TOP CONSTRUCTION INC | |||||
| PO BOX 1167 | HAVANA | FL | 32333 | CONSTRUCTION T4 | $546,678 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 9 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $15,880 | AllOtherContributionsAmt |
| Total Contributions | $15,880 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| ELECTRICITY SALES | 221000 | $125,242,774 | $125,242,774 | |
| CAPITAL CREDITS | 900099 | $2,607,257 | $2,607,257 | |
| POLE RENTAL | 221000 | $681,294 | $681,294 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $128,531,325 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $472,083 | TotalRevenueColumnAmt |
| Exclusion | $472,083 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $11,957 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,427 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $9,530 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,530 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $9,530 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $810,073 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $1,229,070 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$418,997 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$418,997 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$418,997 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $128,609,821 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $124,823,777 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $9,530 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,760,634 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,880 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,414,025 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,257,142 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,367,824 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,493,635 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,558,168 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| COST OF POWER | $78,294,385 |
| MAINTENANCE | $11,310,655 |
| OPERATIONS | $7,300,800 |
| ADMINISTRATIVE AND GENE | $6,614,239 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,345,321 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,972,074 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,241,853 | BOYAmt |
| EOY | $4,109,791 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,152,331 | BOYAmt |
| EOY | $14,940,226 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,645,442 | BOYAmt |
| EOY | $2,655,772 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,241,603 | BOYAmt |
| EOY | $2,243,577 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,987,861 | BOYAmt |
| EOY | $2,680,238 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $300,810,061 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $81,834,967 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $193,384,022 | BOYAmt |
| EOY | $218,975,094 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,311,632 | BOYAmt |
| EOY | $54,355,872 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $277,964,744 | BOYAmt |
| EOY | $299,960,570 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,492,143 | BOYAmt |
| EOY | $15,232,672 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $139,017,316 | BOYAmt |
| EOY | $153,067,526 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,068,109 | BOYAmt |
| EOY | $8,786,475 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $158,577,568 | BOYAmt |
| EOY | $177,086,673 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $210,645 | BOYAmt |
| EOY | $211,225 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,526,428 | BOYAmt |
| EOY | $5,374,821 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,650,103 | BOYAmt |
| EOY | $117,287,851 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,387,176 | BOYAmt |
| EOY | $122,873,897 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $277,964,744 | BOYAmt |
| EOY | $299,960,570 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,637,747 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $848,974 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,820,522 | OtherCostOrOtherBasisAmt |
| Book Value | $2,820,522 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,213,659 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,441,753 | DepreciationAmt |
| Book Value | $5,771,906 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $257,833,038 | OtherCostOrOtherBasisAmt |
| Depreciation | $77,393,214 | DepreciationAmt |
| Book Value | $180,439,824 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $29,942,842 | OtherCostOrOtherBasisAmt |
| Book Value | $29,942,842 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $218,975,094 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| OTHER INVESTMENTS & PATRONAGE CAPITAL | $938,019 | C |
| INVESTMENT IN TALQUIN WATER & WASTEWATER, INC. | $23,440,026 | C |
| PATRONAGE CAPITAL - COBANK | $1,635,080 | C |
| PATRONAGE CAPITAL - CFC | $1,173,216 | C |
| PATRONAGE CAPITAL - SEMINOLE | $24,731,797 | C |
| CFC CAPITAL TERM CERTIFICATES | $2,437,734 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $54,355,872 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| CUSTOMER DEPOSITS | $3,492,551 |
| ACCUMULATED POSTRETIREMENT BENEFITS | $2,561,847 |
| DEFERRED CREDITS | $2,732,077 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $8,786,475 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE COOPERATIVE'S AUDITED FINANCIAL STATEMENTS INCLUDED A DISCLOSURE THAT SAYS UNDER ACCOUNTING STANDARDS CODIFICATION SECTION 740, INCOME TAXES, IT IS THE POLICY OF MANAGEMENT TO EVALUATE ITS TAX POSITIONS ON AN ONGOING BASIS AND TO DISCLOSE ANY SUCH POSITIONS IT BELIEVES WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS AND RELATED NOTES. MANAGEMENT ALSO BELIEVES THAT NO SUCH REQUIRED DISCLOSURES CURRENTLY EXIST. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAPITAL AREA COMMUNITY ACTION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 309 OFFICE PLAZA DRIVE | AddressLine1Txt |
| City | TALLAHASSEE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32301 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 591117362 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $15,880 | CashGrantAmt |
| Valuation Method Used | CASH | ValuationMethodUsedDesc |
| Purpose Of Grant | SEE SCHEDULE I, PART IV | PurposeOfGrantTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE COOPERATIVE PROVIDES FINANCIAL ASSISTANCE TO WORTHY CAUSES IN ITS SERVICE AREA THAT DISTRIBUTE AID FOR UTILITY RELATED PAYMENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TRACY A BENSLEY | ||||||||||||||
| GENERAL MANAGER | $373,322 | $0 | $2,750 | $0 | $1,026 | $0 | $81,641 | $0 | $26,174 | $0 | $484,913 | $0 | $0 | $0 |
| SEAN ALDERMAN | ||||||||||||||
| DIRECTOR OF FINANCE | $197,231 | $0 | $2,418 | $0 | $767 | $0 | $40,676 | $0 | $24,576 | $0 | $265,668 | $0 | $0 | $0 |
| TIM WADDLE | ||||||||||||||
| DIRECTOR OF WATER & WW | $215,635 | $0 | $2,562 | $0 | $2,479 | $0 | $90,176 | $0 | $24,809 | $0 | $335,661 | $0 | $0 | $0 |
| TONY GUILLEN | ||||||||||||||
| DIRECTOR OF ENG. & OPER. | $191,440 | $0 | $2,411 | $0 | $762 | $0 | $39,874 | $0 | $24,564 | $0 | $259,051 | $0 | $0 | $0 |
| MIKE TEMPLE | ||||||||||||||
| DIR OF ADMIN SVS | $166,199 | $0 | $100 | $0 | $586 | $0 | $74,311 | $0 | $21,991 | $0 | $263,187 | $0 | $0 | $0 |
| DANE CLEMONS | ||||||||||||||
| DIRECTOR OF IT & COMM. | $179,829 | $0 | $2,280 | $0 | $1,275 | $0 | $48,707 | $0 | $2,582 | $0 | $234,673 | $0 | $0 | $0 |
| DWIGHT CALLAHAN | ||||||||||||||
| MANAGER OF INFO SVS | $154,011 | $0 | $1,220 | $0 | $660 | $0 | $43,472 | $0 | $24,321 | $0 | $223,684 | $0 | $0 | $0 |
| BILL JAMES | ||||||||||||||
| MANAGER OF ENGINEERING | $139,320 | $0 | $1,061 | $0 | $2,987 | $0 | $42,329 | $0 | $17,088 | $0 | $202,785 | $0 | $0 | $0 |
| BLAKE FLOWERS | ||||||||||||||
| DIRECTOR OF MEMBER SERVICES | $140,234 | $0 | $2,041 | $0 | $207 | $0 | $17,954 | $0 | $24,008 | $0 | $184,444 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd | TransactionTransactionAmt |
|---|---|---|---|
| TALQUIN WATER AND WASTEWATER INC | |||
| TRUSTEES | COMMON TRUSTEESTHE BOARD OF TRUSTEES FOR THE COOPERATIVE AND TALQUIN WATER AND WASTEWATER, INC., A RELATED PARTY, ARE COMPRISED OF THE SAME INDIVIDUALS. | 0 | |
| SEMINOLE ELECTRIC COOPERATIVE INC | |||
| TRUSTEES | PURCHASED POWERGENERAL MANAGER TRACY A. BENSLEY AND TRUSTEES CARRIE L. DURDEN AND SAM FENN SERVE ON THE BOARD OF TRUSTEES OF SEMINOLE ELECTRIC COOPERATIVE, INC. AND ARE LISTED IN PART VII OF FORM 990. | 0 | $71,862,872 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (13 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE COOPERATIVE'S MEMBERSHIP IS COMPROMISED OF ANY PERSON, FIRM, ASSOCIATION, CORPORATION OR BODY POLITIC OR SUBDIVISION WHO AGREES TO (1) PURCHASE UTILITY SERVICES FROM THE COOPERATIVE, (2) COMPLY WITH THE ARTICLES OF INCORPORATION AND BY-LAWS, AND (3) PAY THE MEMBERSHIP FEE. |
| FORM 990, PART VI, SECTION A, LINE 7A | ANY MEMBER, MEETING THE QUALIFICATIONS TO SERVE, CAN OBTAIN 15 MEMBERS' SIGNATURES TO BE PLACED ON THE BOARD OF TRUSTEES ELECTION BALLOT AT THE ANNUAL MEETING. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE MEMBERS MUST APPROVE ANY CHANGES TO THE ARTICLES OF INCORPORATION OR THE BY-LAWS. THE MEMBERS MUST ALSO APPROVE ANY DECISIONS BY THE BOARD OF TRUSTEES WHERE PREVIOUS AUTHORITY HAS NOT BEEN GRANTED BY THE GOVERNING DOCUMENTS. |
| FORM 990, PART VI, SECTION B, LINE 11B | EACH BOARD MEMBER RECEIVED A COPY OF THE FINAL 990 THROUGH ELECTRONIC MAIL PRIOR TO FILING THE RETURN. THE DIRECTOR OF FINANCE REVIEWS AND APPROVES THE RETURN PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY OF THE COOPERATIVE COVERS DIRECTORRS, OFFICERS AND KEY EMPLOYEES. CONFLICTS MUST BE DISCLOSED TO THE PRESIDENT OR GENERAL MANAGER IMMEDIATELY AND ARE RELAYED TO THE BOARD OF TRUSTEES. THE INDIVIDUAL IS GIVEN 30 DAYS TO COMPLY WITH THE POLICY OR BE REMOVED FROM THEIR POSITION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE GENERAL MANAGER'S SALARY IS SET BY THE BOARD OF TRUSTEES. A COMPENSATION COMMITTEE RECOMMENDS THE SALARY BASED ON NATIONAL SURVEYS. THE FULL BOARD OF TRUSTEES APPROVES THE GENERAL MANAGER'S SALARY. THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES IS SET BY THE GENERAL MANAGER. COMPENSATION STUDIES FOR POSITIONS IN SIMILAR INDUSTRIES ARE USED AS A BASIS FOR COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VII - ADDITIONAL INFORMATION | TIM WADDLE WORKS EXCLUSIVELY FOR TALQUIN WATER & WASTWATER, INC., BUT THE COOPERATIVE PAYS HIS SALARY AS HE IS AN EMPLOYEE OF COOPERATIVE. THEREFORE HE SPENDS ALL OF HIS HOURS AS A KEY EMPLOYEE WORKING FOR TALQUIN WATER & WASTWATER, INC. |
| FORM 990, PART IX, LINE 24E | CONSUMER ACCOUNTS AND SERVICE 3,661,333. CONSUMER SERVICE AND INFORMATION 912,234. TRANSMISSION 214,670. OTHER 94,662. SALES 89,815. LESS RENTAL EXPENSES -2,427. LESS COMPENSATION REPORTED ON LINES 5 & 7 -2,624,966. |
| FORM 990, PART IX | THE IRS' INSTRUCTIONS FOR THE 2018 VERSION OF THE FORM 990 STATE: THE INSTRUCTIONS CLARIFY THAT PATRONAGE DIVIDENDS PAID BY SECTION 501(C)(12) ORGANIZATIONS TO THEIR MEMBERS SHOULD BE REPORTED ON LINE 4..." OF PART IX, STATEMENT OF FUNCTIONAL EXPENSES. LINE 4 IS ENTITLED "BENEFITS PAID TO OR FOR MEMBERS". SIGNIFICANT INDUSTRY-WIDE DISCUSSIONS CONTINUE REGARDING THE NEED FOR THE IRS' CLARIFICATION AND WHETHER PATRONAGE DIVIDENDS PAID MEANS CAPITAL CREDITS ALLOCATED, CAPITAL CREDITS RETIRED OR SOME OTHER AMOUNT. FOR PURPOSES OF THIS FORM 990, THE AMOUNT REPORTED ON LINE 4 REPRESENTS THE AMOUNT REPORTED IN THE AUDITED FINANCIAL STATEMENT OF REVENUE AND CHANGES IN PATRONAGE CAPITAL FOR THE YEAR ENDED DECEMBER 31, 2018 AND OTHER BENEFITS PAID TO MEMBERS. |
| FORM 990, PART IX | THE ACCOUNTING RECORDS OF THE COOPERATIVE ARE MAINTAINED IN ACCORDANCE WITH THE ACCOUNTING PRACTICES PRESCRIBED BY THE RURAL UTILITIES SERVICE (RUS) OF THE UNITED STATES DEPARTMENT OF AGRICULTURE. THESE ACCOUNTING PRACTICES DO NOT RECORD EXPENSES IN THE GENERAL EXPENSE CATEGORIES PROVIDED IN PART IX, LINES 1 - 23. THE COOPERATIVE SEPARATELY REPORTS CERTAIN EXPENSE CLASSIFICATIONS, BUT OTHER EXPENSES THAT ARE DESCRIBED IN LINES 1 - 23 ARE REPORTED ON LINE 24 UNDER THE EXPENSE CATEGORIES REQUIRED BY RUS. ADDITIONALLY, THE IRS' INSTRUCTIONS FOR THE 2018 VERSION OF THE FORM 990 STATE: THE ORGANIZATION MUST SEPARATELY REPORT THE AMOUNT, IF ANY, OF UNRELATED BUSINESS INCOME TAXES THAT IT PAID OR ACCRUED DURING THE TAX YEAR ON LINE 24. THE COOPERATIVE PAID $X,XXX FOR THEIR 2017 EXTENSION IN 2018. THE COOPERATIVE PAID $X,XXX IN ESTIMATED TAX PAYMENTS FOR THEIR 2018 RETURN. |
| FORM 990, PART XI, LINE 9: | CHANGE IN MEMBERSHIP 580. CHANGE IN OTHER EQUITIES 491,635. OTHER COMPREHENSIVE INCOME 356,758. RETIREMENT OF CAPITAL CREDITS -3,414,025. BENEFITS PAID TO OR FOR MEMBERS 3,414,025. ROUNDING 1. |
| FORM 990, PART XII, LINE 2C: | THERE HAVE BEEN NO CHANGES IN THE PROCESS SINCE THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TALQUIN WATER AND WASTEWATER INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1640 WEST JEFFERSON STREET | AddressLine1Txt |
| City | QUINCY | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32351 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 204787395 | EIN |
| Primary Activities | COOPERATIVE | PrimaryActivitiesTxt |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(12) | ExemptCodeSectionTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TALQUIN ELECTRIC COOPERATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| TALQUIN WATER AND WASTEWATER INC | ||
| D | $2,655,772 | CASH VALUE |
| TALQUIN WATER AND WASTEWATER INC | ||
| Q | $275,000 | CASH VALUE |
| TALQUIN WATER AND WASTEWATER INC | ||
| A | $190,956 | CASH VALUE |