2019-04-01T09:16:13-05:00 2018-12-31 631059654 GRUENLOH & ASSOCIATES PC PO BOX 895 ROBERTSDALE AL 36567 990 2018-01-01 630462077 COVINGTON ELECTRIC COOPERATIVE INC COVI 3342224121 18836 US HWY 84 ANDALUSIA AL 36421 CHARLES E SHORT PRESIDENT & CEO 3342224121 2019-03-25 WAYNE A GRUENLOH P00474885 2519471040 2019-03-25 71.37.171.209 2019-04-01 09:16:13 CD P 93AF553C45902F5DA16D1485CDE69E8EF066A8B8 8D08A6C57F77E745B8C26532C59890E819BA1CA2 2018 2019-02-21 02:37:17Z CHARLES E SHORT 18836 US HWY 84 ANDALUSIA AL 36421 56928436 false X WWW.COV-ELECT.COM X 1944 AL THE COOPERATIVE OPERATES AS AN ELECTRIC DISTRIBUTION COOPERATIVE. 6 6 89 0 0 52637723 54889447 1891350 1768300 192355 270689 54721428 56928436 0 2621486 1624224 1431968 1154056 0 0 49328315 51070602 53381769 53848882 1339659 3079554 154149737 156545617 86733546 84950423 67416191 71595194 X THE COOPERATIVE'S PRIMARY MISSION IS TO PROVIDE SERVICE TO ITS APPROXIMATELY 23,000 MEMBER-OWNERS IN SOUTHERN ALABAMA. false false DISTRIBUTION OF ELECTRIC ENERGY TO COOPERATIVE MEMBERS. SALARIES OF MANAGEMENT AND KEY PERSONNEL ARE REVIEWED BY THE BOARD USING COMPARABLE DATA FROM OTHERS IN THE INDUSTRY. PERIODICALLY, POSITIONS AND SALARIES ARE REVIEWED BY AN OUTSIDE CONSULTANT. false false false false false false false false false true false true false true false false 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 18 0 false 89 false false false false false false 54195894 693553 false false false X 6 6 false false false false true true true true true false false false true true true true true true false false KIM CARTER 3342224121 18836 US HWY 84 ANDALUSIA AL 36421 JAMES F MARTIN JR SECRETARY/TR 4.00 X X 28230 0 0 GARY H HARRIS TRUSTEE 5.50 X 28079 0 0 WILLIE B SMITH JR CHAIRMAN 6.00 X X 27329 0 0 C HEFLIN SMITH VICE CHAIRMA 5.00 X X 26579 0 0 PATRICIA C JANASKY TRUSTEE 4.00 X 25829 0 0 WILLIAM G KING JR TRUSTEE 2.50 X 22455 0 0 CHARLES E SHORT PRESIDENT & 55.00 X 304208 0 74404 MARK G PARKER COO & SENIOR 55.00 X 169562 0 66269 KIMBERLY M CARTER VP FINANCE 50.00 X 155129 0 51531 BERT L CHAMPION VP ENG & OPE 60.00 X 138220 0 51435 JAMES M KYSER OPERATIONS M 60.00 X 121586 0 44099 GREGORY D FLEMING MEMBER SERV 40.00 X 106850 0 47452 1154056 335190 6 false true false JACKSON LINE CLEARING INC PO BOX 769 BOWDON GA 30108 ROW CLEARING 889108 MUSGROVE CONSTRUCTION INC 708 BLAIRMILL ROAD WILLOW GROVE PA 19090 CONTRACT CONST. 665577 ASPLUNDH TREE EXPERT PO BOX 532729 ATLANTA GA 303532729 ROW CLEARING 254265 MOODY CONTRACTING INC PO BOX 14 OPP AL 36467 OFFICE CONSTR. 228850 TRC PO BOX 536282 PITTSBURG PA 15253 POLE AUDITS 132084 9 SALES OF ELECTRICITY 53571573 53571573 POLE RENTALS 693553 693553 OTHER SALES TO MEMBERS 624321 624321 54889447 1768300 1768300 OTHER NON-OPERATING REVENUE 221000 270689 270689 270689 56928436 54466583 2461853 1624224 925620 228436 2935931 4180666 COST OF POWER 30285070 DIST EXP - MAINTENANCE 3843704 ADMIN & GENERAL EXP 3122247 DIST EXP - OPERATIONS 1886219 4816765 53848882 0 0 0 3560451 1916471 12700000 12200000 767359 1316767 524465 233379 979742 956458 4199240 3978115 145576990 35333086 105898882 110243904 23545572 24051297 1974026 1649226 154149737 156545617 7548237 7474053 70413519 68123615 8771790 9352755 86733546 84950423 X 92853 93918 67323338 71501276 67416191 71595194 154149737 156545617 X 3079554 1099449 X false false 145576990 35333086 110243904 110243904 INVESTMENTS IN ASSOCIATED ORG. 24051297 C 24051297 BENEFITS 2736459 FINANCE LEASE 2681448 DEFERRED CREDITS 2008386 CUSTOMER DEPOSITS 1926462 9352755 false false false CHARLES E SHORT PRESIDENT & CEO 204208 100000 57683 16721 378612 MARK G PARKER COO & SENIOR VP 160312 9250 47242 19027 235831 KIMBERLY M CARTER VP FINANCE 144003 11126 42557 8974 206660 BERT L CHAMPION VP ENG & OPER 129719 8501 34806 16629 189655 JAMES M KYSER OPERATIONS MANAGER 112528 9058 27161 16938 165685 GREGORY D FLEMING MEMBER SERV MANAGER 101390 5460 31008 16444 154302 FORM 990 PART IX, LINE 4- RETIREMENT OF PATRONAGE CAPITAL CREDITS DISCLOSED REPRESENT THE RETIREMENT OF PATRONAGE CAPITAL ALLOCATED IN PRIOR YEARS WHICH WERE PAID TO MEMBERS IN THE CURRENT YEAR. FORM 990, PAGE 2, PART III, LINE 4D SALARIES OF MANAGEMENT AND KEY PERSONNEL ARE REVIEWED BY THE BOARD USING COMPARABLE DATA FROM OTHERS IN THE INDUSTRY. PERIODICALLY, POSITIONS AND SALARIES ARE REVIEWED BY AN OUTSIDE CONSULTANT. FORM 990, PAGE 6, PART VI, LINE 6 FORM 990, PART VI, SECTION A, LINE 6: COVINGTON ELECTRIC COOPERATIVE, INC. IS AN ELECTRIC DISTRIBUTION COOPERATIVE CONSISTING OF APPROXIMATELY 23,000 MEMBERS. EACH CUSTOMER OF THE COOPERATIVE RECEIVING ELECTRIC SERVICE IS A MEMBER. FORM 990, PAGE 6, PART VI, LINE 7A FORM 990, PART VI, SECTION A, LINE 7A: THE COOPERATIVE IS DIVIDED INTO 6 DISTRICTS. THE MEMBERS ARE ALLOWED TO VOTE FOR THE ELECTION OF A DIRECTOR FOR EACH DISTRICT. FORM 990, PAGE 6, PART VI, LINE 7B FORM 990, PART VI, SECTION A, 7B: MEMBERS ARE ALLOWED TO VOTE ON PROPOSED BY-LAW CHANGES DURING THE ANNUAL MEMBERSHIP MEETING. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990, PART VI, SECTION B, LINE 11B: THE FORM 990 IS PREPARED BY THE COOPERATIVE'S INDEPENDENT AUDITOR. IT IS PRESENTED FOR REVIEW BEFORE IT IS FILED. IF DISCREPANCIES ARE FOUND, CORRESPONDING CORRECTIONS ARE MADE PRIOR TO ITS FILING. FORM 990, PAGE 6, PART VI, LINE 12C FORM 990, PART VI, SECTION B, LINE 12C: POLICY NO. 154, CONFLICT OF INTEREST POLICY HAS BEEN ENACTED BY THE COOPERATIVE TO OUTLINE THE CONDUCT OF TRUSTEES AND EMPLOYEES IN REGARDS TO CONFLICTS OF INTEREST. EACH TRUSTEE AND EMPLOYEE SIGNS AN AGREEMENT. FORM 990, PAGE 6, PART VI, LINE 15A FORM 990, PART VI, SECTION B, LINE 15: SALARIES OF MANAGEMENT AND KEY PERSONNEL ARE REVIEWED BY THE BOARD USING COMPARABLE DATA FROM OTHERS IN THE INDUSTRY. PERIODICALLY, POSITIONS AND SALARIES ARE REVIEWED BY AN OUTSIDE CONSULTANT. FORM 990, PAGE 6, PART VI, LINE 19 FORM 990, PART VI, SECTION C, LINE 19: ALL NEW MEMBERS ARE PROVIDED WITH A COPY OF THE BYLAWS. THE COOPERATIVE PROVIDES ALL ACTIVE MEMBERS CONDENSED FINANCIAL STATEMENTS AT THE ANNUAL MEETING OF MEMBERS. POLICIES AND OTHER FINANCIAL INFORMATION IS AVAILABLE TO MEMBERS UPON REQUEST. FORM 990, PART XI, LINE 9 GAINS ON CAPITAL CREDITS RETIRED AND CHANGES 0 IN OTHER EQUITIES 1,099,449 TOTAL 1,099,449