ARAB ELECTRIC COOPERATIVE INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: ARAB ELECTRIC COOPERATIVE INC (EIN 63-0264087)
Tax period: 2018-07-01 to 2019-06-30
Filed: 2019-12-06
IRS object ID: 201913409349300031
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
Form 990
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-12-06T14:57:02-06:00	ReturnTs
Tax Period End	2019-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	631035228	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Jackson Thornton & Co PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 96	AddressLine1Txt
City	Montgomery	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	361010096	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2018-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	630264087	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Arab Electric Cooperative Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ARAB	BusinessNameControlTxt
Phone	2565863196	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 770	AddressLine1Txt
City	Arab	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	35016	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Stacey White	PersonNm
Person Title	Interim General Manager	PersonTitleTxt
Phone	2565863196	PhoneNum
Signature	2019-12-02	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Patrick Cooper	PreparerPersonNm
PTIN	P00856177	PTIN
Phone	3348347660	PhoneNum
Preparation	2019-12-02	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	142.154.130.164	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-12-02	IPDt
IP Tm	13:20:42	IPTm
IP Timezone	CS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	6C9B1A35775087DBDB8A6D25ECA509C7F6C27838	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	Stacey White	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 770	AddressLine1Txt
City	Arab	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	35016	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$36,614,539	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1947	FormationYr
Legal Domicile State	AL	LegalDomicileStateCd
Activity Or Mission	The Cooperative's most significant activities include the sale of electricity and electric services to members.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	33	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$35,637,351	PYProgramServiceRevenueAmt
CY Program Service Revenue	$35,775,858	CYProgramServiceRevenueAmt
PY Investment Income	$72,825	PYInvestmentIncomeAmt
CY Investment Income	$200,046	CYInvestmentIncomeAmt
PY Other Revenue	$634,485	PYOtherRevenueAmt
CY Other Revenue	$638,635	CYOtherRevenueAmt
PY Total Revenue	$36,344,661	PYTotalRevenueAmt
CY Total Revenue	$36,614,539	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$122,199	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$918,677	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$385,878	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$274,804	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$35,836,584	PYOtherExpensesAmt
CY Other Expenses	$35,421,058	CYOtherExpensesAmt
PY Total Expenses	$36,344,661	PYTotalExpensesAmt
CY Total Expenses	$36,614,539	CYTotalExpensesAmt
PY Revenues Less Expenses	$0	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$0	CYRevenuesLessExpensesAmt
Total Assets BOY	$44,090,194	TotalAssetsBOYAmt
Total Assets EOY	$45,128,702	TotalAssetsEOYAmt
Total Liabilities BOY	$9,212,647	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$9,333,548	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$34,877,547	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$35,795,154	NetAssetsOrFundBalancesEOYAmt
Mission	None	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	Arab Electric Cooperative, Inc. now serves 12,686 residential accounts, 2,557 small commercial accounts, 191 large commercial accounts as well as 157 lighting accounts, with the total number of accounts being 15,591. Arab Electric Cooperative, Inc. has 1,247 miles of distribution line that delivers power purchased from Tennessee Valley Authority to its 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	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	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	0	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	0	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	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	22	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	33	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Members And Shr Gross Income	$35,775,857	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$200,046	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	0	ConflictOfInterestPolicyInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	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

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Arab Electric Cooperative	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2565863196	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	331S Brindlee Mt Pkwy	AddressLine1Txt
City	Arab	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	35016	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
Janet Bright
Trustee	1.00	Yes (X)	$1,500	$0	$0
Bill Strickland
Trustee	1.00	Yes (X)	$1,750	$0	$0
Max Hyatt
Trustee	1.00	Yes (X)	$2,750	$0	$0
Charles S Whisenant
Trustee	1.00	Yes (X)	$4,000	$0	$0
Mark Holmes
Trustee	1.00	Yes (X)	$4,000	$0	$0
Jerry Holmes
Trustee	1.00	Yes (X)	$2,000	$0	$0
Roger Head
Trustee	1.00	Yes (X)	$4,000	$0	$0
Ty Smith
Trustee	1.00	Yes (X)	$4,500	$0	$0
Charlie Griffin
Trustee	1.00	Yes (X)	$4,000	$0	$0
Dianne Prestridge
Trustee	1.00	Yes (X)	$4,000	$0	$0
Charles W Whisenant
Trustee	1.00	Yes (X)	$4,500	$0	$0
Scott Spence
General Manager	40.00		$135,295	$0	$43,490	Yes (X)
Keith Kirby
Controller	40.00		$55,819	$0	$3,200	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$228,114	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$46,690	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	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
Asplundh Tree Expert
PO Box 532829 Suite H	Atlanta	GA	303532729	Right of Way Clearing	$2,140,042
Corbit Power & Lights
203 Pecan Street	Albertville	AL	35950	Electric Distribution Construction	$333,734
B&R Meter Services
296 Co Rd 1545	Cullman	AL	35058	Meter Reading	$234,742
Fisher & Arnold Inc
PO Box 1000 Dept 533	Memphis	TN	38148	Consulting	$182,004
Central Service Association
PO Box 3480	Tupelo	MS	38803	IT and Software Support	$160,816

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	Sales of Electricity	Desc
Business	900099	BusinessCd
Total Revenue Column	$35,775,858	TotalRevenueColumnAmt
Related Or Exempt Func Income	$35,775,858	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$35,775,858	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$200,046	TotalRevenueColumnAmt
Exclusion	$200,046	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Personal	$638,324	PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Personal	$0	PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Personal	$638,324	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$638,324	TotalRevenueColumnAmt
Exclusion	$638,324	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	Extraordinary Revenue	Desc
Business	900099	BusinessCd
Total Revenue Column	$311	TotalRevenueColumnAmt
Exclusion	$311	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$311	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$36,614,539	TotalRevenueColumnAmt
Related Or Exempt Func Income	$35,775,858	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$838,681	ExclusionAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$918,677	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$274,804	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$19,178	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,652,247	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
Cost of Power	$27,071,579
Administrative & Genera	$2,540,361
Taxes	$1,603,574
Distribution-Maintenanc	$1,429,122

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,104,997	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$36,614,539	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$7,627,672	BOYAmt
EOY	$1,878,717	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,849,505	BOYAmt
EOY	$2,810,061	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$1,312,124	BOYAmt
EOY	$1,227,183	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$585,465	BOYAmt
EOY	$723,523	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$4,150,916	BOYAmt
EOY	$9,768,922	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$50,754,605	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$23,369,510	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$26,897,772	BOYAmt
EOY	$27,385,095	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$663,709	BOYAmt
EOY	$940,195	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$3,031	BOYAmt
EOY	$395,006	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$44,090,194	BOYAmt
EOY	$45,128,702	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$5,107,429	BOYAmt
EOY	$5,198,991	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$4,105,218	BOYAmt
EOY	$4,134,557	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$9,212,647	BOYAmt
EOY	$9,333,548	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	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$34,877,547	BOYAmt
EOY	$35,795,154	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$34,877,547	BOYAmt
EOY	$35,795,154	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$44,090,194	BOYAmt
EOY	$45,128,702	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$0	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$917,607	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)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

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	$417,448	OtherCostOrOtherBasisAmt
Book Value	$417,448	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$50,337,157	OtherCostOrOtherBasisAmt
Depreciation	$23,369,510	DepreciationAmt
Book Value	$26,967,647	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$27,385,095	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
TVA Advances	$1,246,039
Customer Deposits	$2,888,518

Field	Value	IRS element (for citing)
Total Liability	$4,134,557	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$36,614,539	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$36,614,539	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$36,614,539	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$35,695,862	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$35,695,862	ExpensesSubtotalAmt
Other Expenses Not Included	$918,677	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$918,677	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$36,614,539	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Part X, Line 2:	The Cooperative is exempt from income taxes under Internal Revenue Code Section 501(c)(12). Management evaluated the Cooperative's tax positions and concluded that the Cooperative had taken no uncertain tax positions that require adjustment to the financial statements.
Part XII, Line 4b - Other Adjustments:	Margins allocated to members 918,677.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
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

Field	Value	IRS element (for citing)
Person	Scott Spence	PersonNm
Title	General Manager	TitleTxt
Base Compensation Filing Org	$135,295	BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs	$0	CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization	$0	BonusFilingOrganizationAmount
Bonus Related Organizations	$0	BonusRelatedOrganizationsAmt
Other Compensation Filing Org	$0	OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs	$0	OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org	$29,630	DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs	$0	DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org	$13,860	NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs	$0	NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org	$178,785	TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs	$0	TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org	$0	CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs	$0	CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section A, line 6	Arab Electric Cooperative is a not-for-profit membership organization whose members have identical voting rights and are assigned margins in accordance with the organization's bylaws.
Form 990, Part VI, Section A, line 7a	Arab Electric Cooperative's governing body consists of nine directors that are elected by the membership of the cooperative. Each directors serves a three year term and represents a certain district within the territory served by the cooperative. The terms are staggered in order for the cooperative to only have three directors up for election in any one year.
Form 990, Part VI, Section A, line 7b	The membership must approve decisions that involve substantial transfers of cooperative assets, amendments to the cooperative's bylaws, as well as other decisions requiring approval of the membership by law, the articles of incorporation, and/or the cooperative's bylaws.
Form 990, Part VI, Section B, line 11b	The Form 990 is distributed to the Board for review before it is signed by the General Manager.
Form 990, Part VI, Section B, line 15	Salaries for both the organization's officers, as well as the top management official, are determined by the Executive Committee of the Board. These salaries are also determined by examining compensation of others in the industry and by the use of performance measures.
Form 990, Part VI, Section C, line 19	These documents are available upon request at the Cooperative's office in Arab, Alabama.
Form 990, Part XI, line 9:	Change in Memberships -1,070. Benefits allocated to members 918,677.
Form 990, Part IX, Line 4	The instructions to the Form 990 indicate that organizations exempt under Section 501(c)(12) should report "patronage dividends paid" to their members in Part IX, Line 4 of the Form 990. Arab Electric Cooperative has interpreted the words "patronage dividends paid" in the instructions to mean margins that are assigned or assignable to the members. Arab Electric Cooperative assigns the net margins to its members each year. The amount listed in Part IX, Line 4 represents the net margins assigned to the members for the fiscal year ended June 30, 2019.