2019-11-04T15:33:32-06:00 2018-12-31 161117932 BUFFAMANTE WHIPPLE BUTTAFARO PC 201 WEST THIRD STREET JAMESTOWN NY 14701 990 2018-01-01 250397695 CENTRAL ELECTRIC COOPERATIVE INC CENT 7243992931 PO BOX 329/716 ROUTE 368 PARKER PA 16049 MATTHEW P BOSHAW CEO/GENERAL MANAGER 7243992931 2019-11-04 1 JAMES C ALEXANDER IV CPA P01384001 7166645104 72.45.244.226 2019-11-04 16:32:24 ES P 0F8E2851FD416ACFB00AA7630511EF29DE290C73 01D9D9A006A371D6757D6E1FD5218252CEC6965D 2018 2020-01-14 16:20:31Z MATTHEW BOSHAW PO BOX 329/716 ROUTE 368 PARKER PA 16049 42241538 0 1 X WWW.CENTRAL.COOP X 1937 PA PROVISION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PA. 7 7 83 0 0 5687 0 0 0 0 177484 83933 20969594 22854569 21147078 22938502 0 0 1547419 1665112 566979 575795 0 0 0 17008022 19690387 19122420 21931294 2024658 1007208 116551891 114157948 77935794 74385213 38616097 39772735 X PROVISION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNSYLVANIA. 0 0 PROVISION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNSYLVANIA. PROVISION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNYSLVANIA. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 15 0 1 83 1 1 1 0 0 0 0 0 0 0 0 41085975 744171 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DENNIS BEGGS 7243992931 PO BOX 329 PARKER PA 16049 BETTE WALTERS DIRECTOR 4.00 X 16085 0 0 RICHARD WEAVER DIRECTOR 3.75 X 13999 0 0 WILLIAM EICHNER DIRECTOR 4.50 X 11495 0 0 KENNETH ETZEL DIRECTOR 4.20 X 15716 0 0 NANCY LENDYAK DIRECTOR 4.50 X 16562 0 0 ALTHEA SMITH SECRETARY/TREAS 5.50 X X 16174 0 0 JODY WEAVER PRESIDENT 6.00 X X 17100 0 0 KENNETH D DURRETT VICE PRESIDENT 3.00 X X 11249 0 0 DENNIS W BEGGS CFO 40.00 X 126464 0 49062 MATTHEW BOSHAW GENERAL MANAGER 40.00 X 215377 0 66512 TERRY KRIEBEL LINEMAN 40.00 X 137134 0 35794 RICHARD VENSEL LINEMAN 40.00 X 137041 0 22583 EZRA GRUNKICK LINEMAN 40.00 X 133584 0 32213 MATTHEW BARTLEY LINEMAN 40.00 X 131748 0 24537 NICHOLAS ALBERT LINEMAN 40.00 X 130572 0 35749 1130300 0 266450 11 0 1 0 THE DAVEY TREE EXPERT COMPANY PO BOX 94532 CLEVELAND OH 44101 TREE TRIMMING 1041021 HAZLETT TREE SERVICE 14919 ARNOLD DRIVE TOWNVILLE PA 16360 TREE TRIMMING 1007266 ASPLUNDH TREE EXPERT CO PO BOX 640032 PITTSBURGH PA 15264 TREE TRIMMING 930346 OSMOSE UTILITIES SERVICES INC 980 ELLICOTT STREET BUFFALO NY 14209 POLE INSPECTION 290300 PENN LINE SERVICE 300 SCOTTDALE AVE SCOTTDALE PA 15683 TREE TRIMMING 282192 5 83933 83933 819767 0 819767 819767 819767 40606863 19303036 21303827 21303827 PAT CAP OF ASSOC. ORGS 221000 534670 534670 OTHER INCOME 221000 194559 194559 EQUITY IN EARNINGS OF SUB 221000 1746 1746 730975 22938502 21500132 0 1438370 1665112 575795 1909544 4028851 DISTRIBUTION MAINTENANC 7240646 ADMINISTRATION AND GEN 2999720 DISTRIBUTION OPERATIONS 1811146 CONSUMER ACCOUNTS 1223198 477282 21931294 5053186 4382525 2331734 89263 5513621 5407257 990982 1011522 1675582 1640861 134025200 43036001 90567582 90989199 10419204 10637321 116551891 114157948 5892762 5884235 64171300 61262585 7871732 7238393 77935794 74385213 X 0 0 5761339 6771213 32854758 33001522 38616097 39772735 116551891 114157948 X 1007208 149430 X 0 1 X 1 0 122763249 35791427 86971822 10717037 7244574 3472463 544914 544914 90989199 INVESTMENTS IN ASSOCIATED ORGANIZATIONS 10637321 C 10637321 ACCUMULATED POST RETIREMENT BENEFIT OBLIGATION 4788183 DEFERRED CREDITS 2150210 ACCUMULATED PROVISION FOR STORMS 300000 7238393 X 42241538 19303036 19303036 22938502 0 22938502 39569218 19303036 19303036 20266182 1665112 1665112 21931294 PART X, LINE 2: THE COOPERATIVE IS EXEMPT FROM TAXES ON INCOME PURSUANT TO SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. CONSEQUENTLY, THE FINANCIAL STATEMENTS REFLECT NO PROVISION FOR TAXES ON INCOME. INCOME TAX RETURNS THAT REMAIN OPEN FOR EXAMINATION BY TAXING AUTHORITIES INCLUDE 2015 AND LATER YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: POWER COST 19,303,036. PART XII, LINE 2D - OTHER ADJUSTMENTS: POWER COST 19,303,036. PART XII, LINE 4B - OTHER ADJUSTMENTS: RETIREMENT OF CAPITAL CREDIT 1,665,112. PART XII, LINE 4B ADJUSTMENTS: CAPITAL CREDIT RETIREMENTS OF $1,665,112 ARE REPORTED ON PART IX STATEMENT OF FUNCTIONAL EXPENSES ON THE FORM 990, HOWEVER, ON THE AUDITED FINANCIAL STATEMENTS THEY ARE REPORTED AS A REDUCTION TO PATRONAGE CAPITAL. X X 0 0 0 DENNIS W BEGGS CFO 126464 0 0 0 0 0 24878 0 24184 0 175526 0 0 0 MATTHEW BOSHAW GENERAL MANAGER 208008 0 0 0 7369 0 41243 0 25269 0 281889 0 0 0 TERRY KRIEBEL LINEMAN 137134 0 0 0 0 0 14446 0 21348 0 172928 0 0 0 RICHARD VENSEL LINEMAN 137041 0 0 0 0 0 14452 0 8131 0 159624 0 0 0 EZRA GRUNKICK LINEMAN 133584 0 0 0 0 0 14431 0 17782 0 165797 0 0 0 MATTHEW BARTLEY LINEMAN 131748 0 0 0 0 0 14415 0 10122 0 156285 0 0 0 NICHOLAS ALBERT LINEMAN 130572 0 0 0 0 0 14417 0 21332 0 166321 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - MEMBERS OF RURAL ELECTRIC COOPERATIVE ARE CONSUMERS OF ELECTRICITY. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - GOVERNING BODY IS ELECTED BY MEMBERS BY BALLOT VOTE. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - A COPY WILL BE INCLUDED IN THE BOARD PACKAGE FOR REVIEW PRIOR TO THE BOARD MEETING. MANAGER OF ACCOUNTING & BUSINESS DEVELOPMENT WILL REVIEW AND ANSWER ANY QUESTIONS THAT THE BOARD MAY HAVE. THE BOARD WILL VOTE ON APPROVING FORM 990 FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL REVIEW AND SIGNATURE OF CONFLICT OF INTEREST POLICIES. FORM 990, PART VI, SECTION B, LINE 15 AN OUTSIDE CONSULTANT FROM NRECA PROVIDES THE BENCHMARKS FOR THE DIFFERENT TIERS OF EMPLOYEES. THESE FIGURES ARE PROVIDED TO THE BOARD. THE BOARD THEN APPROVES THE BENCHMARKS. THE BOARD APPROVES THE CEO'S SALARY, WHILE THE CEO APPROVES THE DEPARTMENT DIRECTORS' SALARIES BASED ON THE BENCHMARKS AND THE BUDGET APPROVED BY THE BOARD. THESE BENCHMARKS ARE UPDATED EVERY FEW YEARS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE AT THE MAIN OFFICE UPON REQUEST FORM 990, PART XI, LINE 9: MEMBERSHIP FEES -2,785. GAIN ON RETIREMENT OF ESTATE CAPITAL CREDITS 21,183. TOTAL OTHER COMPREHENSIVE GAIN 131,032. CENTRAL ELECTRIC SERVICES CORPORATION PO BOX 329 ROUTE 368 EAST PARKER PA 16049 251869786 SATELLITE INTERNET PA CENTRAL ELECTRIC COOPERATIVE INC C 1.00000 0 COOPERATIVE SOLUTIONS INC PO BOX 329 ROUTE 368 EAST PARKER PA 16049 251822768 BUSINESS SERVICES PA CENTRAL ELECTRIC COOPERATIVE INC C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0