POWELL VALLEY ELECTRIC COOPERATIVE: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- POWELL VALLEY ELECTRIC COOPERATIVE (EIN 54-0345615)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-15
- IRS object ID
- 201931359349308723
- Schema version
- 2017v2.3
- 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 | 2019-05-15T14:00:31-05:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 621690032 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RODEFER MOSS & CO PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 608 MABRY HOOD RD STE 300 | AddressLine1Txt |
| City | KNOXVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 379322615 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540345615 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POWELL VALLEY ELECTRIC COOPERATIVE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | POWE | BusinessNameControlTxt |
| Phone | 4236260703 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1528 | AddressLine1Txt |
| City | NEW TAZEWELL | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 378241528 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RANDELL W MEYERS | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 4236260703 | PhoneNum |
| Signature | 2019-05-14 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JARED T HUBBARD CPA | PreparerPersonNm |
| PTIN | P01264441 | PTIN |
| Phone | 8655830091 | PhoneNum |
| Preparation | 2019-05-14 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 216.26.168.4 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-15 | IPDt |
| IP Tm | 14:00:31 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | E396CADEF274E267FFE0AFDB342F2AB881E7E149 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | AD785ED4FD00454C2AF4AA0D34BE73314A9ED98D | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RANDELL W MEYERS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1528 | AddressLine1Txt |
| City | NEW TAZEWELL | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $62,799,504 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.PVE.COOP | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1940 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | DISTRIBUTION OF TVA-GENERATED POWER. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 67 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $59,710,236 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $61,737,109 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,035,733 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,062,395 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $60,745,969 | PYTotalRevenueAmt |
| CY Total Revenue | $62,799,504 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,815,880 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,851,689 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $56,290,233 | PYOtherExpensesAmt |
| CY Other Expenses | $57,761,883 | CYOtherExpensesAmt |
| PY Total Expenses | $59,106,113 | PYTotalExpensesAmt |
| CY Total Expenses | $59,613,572 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,639,856 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,185,932 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $86,467,901 | TotalAssetsBOYAmt |
| Total Assets EOY | $90,342,825 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $23,516,231 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $24,204,913 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $62,951,670 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $66,137,912 | NetAssetsOrFundBalancesEOYAmt |
| Mission | DISTRIBUTION OF TVA-GENERATED POWER. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $56,062,229 | ExpenseAmt |
| Revenue | $62,799,504 | RevenueAmt |
| Desc | ELECTRIC COOPERATIVE IN CONJUNCTION WITH RUS PROGRAMS, DISTRIBUTION OF TVA GENERATED POWER. | Desc |
| Total Program Service Expenses | $56,062,229 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | false | ScheduleORequiredInd |
| IRP Document | 27 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 67 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | false | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RANDELL W MYERS | PersonNm |
| Phone | 4236260703 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1528 | AddressLine1Txt |
| City | NEW TAZEWELL | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37824 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| ROGER A BALL | |||||||
| PRESIDENT | 3.00 | Yes (X) | Yes (X) | $1,800 | $0 | $5,398 | |
| GARY L RUSSELL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $1,050 | $0 | $10,712 | ||
| J ALLEN PARKEY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $1,050 | $0 | $5,513 | ||
| DAVID T KINDLE | |||||||
| VICE PRESIDE | 2.00 | Yes (X) | Yes (X) | $975 | $0 | $10,712 | |
| MICHAEL SHOCKLEY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $975 | $0 | $10,712 | ||
| DALE E MCNIEL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $975 | $0 | $10,712 | ||
| JUDY ROBERTSON | |||||||
| SEC/TREASURE | 1.00 | Yes (X) | Yes (X) | $900 | $0 | $5,475 | |
| MIKEL R SHARP | |||||||
| DIRECTOR | 1.00 | Yes (X) | $900 | $0 | $5,513 | ||
| JOHN A SHORT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $675 | $0 | $15,426 | ||
| RANDELL W MEYERS | |||||||
| CEO | 40.00 | Yes (X) | $219,269 | $0 | $21,012 | ||
| RONNIE WILLIAMS | |||||||
| SUPERVISOR | 40.00 | $139,977 | $0 | $24,050 | Yes (X) | ||
| BOBBY JOHNSON | |||||||
| FIRST CLASS | 40.00 | $132,995 | $0 | $36,423 | Yes (X) | ||
| CHARLES GOODIN | |||||||
| ASST GENERAL | 40.00 | $132,536 | $0 | $37,896 | Yes (X) | ||
| GARY HATFIELD | |||||||
| DIR. OF SPEC | 40.00 | $127,111 | $0 | $10,886 | Yes (X) | ||
| MICHAEL COPPOCK | |||||||
| ENGINEER | 40.00 | $113,055 | $0 | $37,611 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $874,243 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $248,051 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Business Name Line2ContractorName/BusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|
| US APPLICATORS | ||||||
| PO BOX 2067 | COEUR DALENE | ID | 83814 | CLEARING | $725,664 | |
| LINE CONTRACTING | ||||||
| PO DRAWER D | BROWNSTOWN | IN | 47220 | CONSTRUCTION | $425,646 | |
| WOLFE TREE SERVICE | ||||||
| 1075 MCANALLY ROAD | KNOXVILLE | TN | 37881 | CLEARING | $261,748 | |
| LEE COUNTY TREE SERVICE | ||||||
| PO BOX 176 | JONESVILLE | VA | 24263 | CLEARING | $153,705 | 431869 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ELECTRIC SALES REVENUE | 221000 | $61,224,701 | $61,224,701 |
| MISC ELECTRIC REVENUE | 221000 | $512,408 | $512,408 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $61,737,109 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,062,395 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,062,395 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $62,799,504 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $62,799,504 | RelatedOrExemptFuncIncomeAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $128,788 | TotalAmt |
| Management And General | $128,788 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,706,787 | TotalAmt |
| Program Services | $1,439,777 | ProgramServicesAmt |
| Management And General | $267,010 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,114 | TotalAmt |
| Program Services | $13,593 | ProgramServicesAmt |
| Management And General | $2,521 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,392 | TotalAmt |
| Program Services | $107,392 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,616 | TotalAmt |
| Program Services | $8,616 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,100 | TotalAmt |
| Program Services | $33,100 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,202 | TotalAmt |
| Program Services | $38,202 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,963 | TotalAmt |
| Program Services | $15,963 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $753,741 | TotalAmt |
| Program Services | $753,741 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,149,808 | TotalAmt |
| Program Services | $4,149,808 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $135,463 | TotalAmt |
| Program Services | $135,463 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PURCHASED POWER | $45,905,790 | $45,905,790 | |
| OPERATING EXPENSE | $4,986,144 | $1,867,909 | $3,118,235 |
| MAINTENANCE | $1,366,941 | $1,332,152 | $34,789 |
| OFFICE | $137,375 | $137,375 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,348 | TotalAmt |
| Program Services | $123,348 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,613,572 | TotalAmt |
| Program Services | $56,062,229 | ProgramServicesAmt |
| Management And General | $3,551,343 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,900 | BOYAmt |
| EOY | $1,900 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,937,579 | BOYAmt |
| EOY | $16,058,192 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,799,554 | BOYAmt |
| EOY | $4,658,630 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $4,861,132 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $419,245 | BOYAmt |
| EOY | $478,988 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $281,770 | BOYAmt |
| EOY | $293,280 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $122,497,076 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $61,782,452 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,598,454 | BOYAmt |
| EOY | $60,714,624 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,408,804 | BOYAmt |
| EOY | $562,845 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,020,595 | BOYAmt |
| EOY | $2,713,234 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,467,901 | BOYAmt |
| EOY | $90,342,825 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,773,257 | BOYAmt |
| EOY | $10,405,701 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,889,291 | BOYAmt |
| EOY | $6,122,152 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,853,683 | BOYAmt |
| EOY | $7,677,060 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,516,231 | BOYAmt |
| EOY | $24,204,913 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $120,965 | BOYAmt |
| EOY | $121,275 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,830,705 | BOYAmt |
| EOY | $66,016,637 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,951,670 | BOYAmt |
| EOY | $66,137,912 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,467,901 | BOYAmt |
| EOY | $90,342,825 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $3,185,932 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $310 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 | false | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $122,497,076 | OtherCostOrOtherBasisAmt |
| Depreciation | $61,782,452 | DepreciationAmt |
| Book Value | $60,714,624 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $60,714,624 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| POST-RETIREMENT BENEFITS | $5,635,096 |
| TVA INSULATION PROGRAM | $2,041,964 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $7,677,060 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $62,799,504 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $62,799,504 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $62,799,504 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $59,613,572 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $59,613,572 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $59,613,572 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| RANDELL W MEYERS | ||||
| CEO | $219,269 | $10,594 | $10,418 | $240,281 |
| RONNIE WILLIAMS | ||||
| SUPERVISOR | $139,977 | $13,087 | $10,963 | $164,027 |
| BOBBY JOHNSON | ||||
| FIRST CLASS LINEMAN | $132,995 | $21,151 | $15,272 | $169,418 |
| CHARLES GOODIN | ||||
| ASST GENERAL MANAGER | $132,536 | $26,933 | $10,963 | $170,432 |
| MICHAEL COPPOCK | ||||
| ENGINEER | $113,055 | $22,099 | $15,512 | $150,666 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | CUSTOMERS ARE MEMBERS OF THE COOPERATIVE. |
| FORM 990, PAGE 6, PART VI, LINE 7A | GOVERNING BODY IS ELECTED BY COOPERATIVE MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | NO REVIEW WAS OR WILL BE CONDUCTED. |
| FORM 990, PAGE 6, PART VI, LINE 19 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| FORM 990, PART XI, LINE 9 | INCREASE IN MEMBERSHIPS ISSUED 310 |