2019-11-07T13:25:43-06:00 2018-12-31 731293012 BRISCOE BURKE & GRIGSBY LLP 4120 EAST 51ST STREET SUITE 100 TULSA OK 741353633 990 2018-01-01 730579543 LAKE REGION ELECTRIC COOPERATIVE INC LAKE 9187722526 PO BOX 127 HULBERT OK 744410127 HAMID VAHDATIPOUR GENERAL MANAGER/CEO 9187722526 2019-11-05 true SEAN B DUNAHAY CPA P00086460 9187498337 2019-11-06 64.207.232.134 2019-11-07 13:25:43 CS P 4C8A41972BB33917DC249F0BC4823617510CB3CA 6F899C241B8E6E16B6B3FF0B9DE310D088781529 2018 2020-03-31 21:24:44Z HAMID VAHDATIPOUR PO BOX 127 HULBERT OK 74441 51059521 false X WWW.LRECOK.COOP X 1949 OK TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. 7 7 106 2126557 0 39095884 46950957 880496 400736 1796866 2485673 41773246 49837366 0 494391 3369670 1482522 1558036 0 0 39737894 45111541 41714807 50039247 58439 -201881 125138606 137089100 74358818 85004950 50779788 52084150 X TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. false false TO PROVIDE ELECTRICITY TO OUR MEMBERS - 24,667 ACTIVE SERVICES AT YEAR-END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS AND WERE ALLOCATED PATRONAGE CAPITAL. VOICE AND INTERNET SERVICES false false false false false false false false false true true false false true true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 8 0 false 106 true true true false false false false 45097085 4383100 false false false X 7 7 false false false false true true true true true false false false true true false true false true true false OK X LAKE REGION ELECTRIC COOPERATIVE 9187722526 PO BOX 127 HULBERT OK 744410127 JAMES MANES VICE-PRESIDE 8.00 X 42679 0 0 RANDALL SHANKLE ASST SEC/TRE 3.00 X 42079 0 0 JAMES WALLS DIRECTOR 3.00 X 42079 0 0 GARY COOPER DIRECTOR 8.00 X 41479 0 0 LYNN LAMONS SECRETARY/TR 6.00 X 40879 0 0 BOBBY MAYFIELD PRESIDENT 8.00 X 24406 0 0 JACK TEAGUE DIRECTOR 10.00 X 21328 0 0 DIANNE MAYFIELD DIRECTOR 3.00 X 6732 0 0 HAMID VAHDATIPOUR GENERAL MANA 45.00 0.00 X 262037 0 211081 BEN MCCOLLUM DIR FINANCE 40.00 X 120993 0 72686 LOGAN PLEASANT DIR OF OPERA 40.00 X 135742 0 50537 ARNOLD RATLIFF LINEMAN 40.00 X 103861 0 54570 JASON YOUNGBLOOD LINEMAN 40.00 X 103825 0 37189 JASON STEELEY LINEMAN 40.00 X 101723 0 42132 1089842 468195 6 false true false RIGGS TREE SERVICE PO BOX 453225 GROVE OK 74345 RIGHT OF WAY 791777 RES SYSTEM 3 LLC 5945 PALM DRIVE CARMICHAEL CA 95608 ROW CONTRACTOR 755861 GRAY TREE LLC 3685 E 100TH ST N WAGONER OK 74467 ROW CONTRACTOR 625485 3 X SALES OF ELECTRICITY 221000 45097085 45097085 PATRONAGE DIVIDENDS 221000 1785232 1785232 PATRONOGE DIVIDENDS - 990-T 517000 68640 68640 46950957 396548 396548 360025 360025 360025 360025 4188 4188 4188 4188 3317590 1222155 2095435 2057917 37518 OTHER NON-OPERATING INCOME 30213 30213 30213 49837366 46882317 2126557 828492 3369670 928458 629578 6456 4483 326422 2183028 4342635 COST OF POWER 28131683 DISTRIBUTION EXPENSE 5318700 GENERAL & ADMINISTRATIVE 2199279 CONSUMER EXPENSE 1679007 919848 50039247 0 0 0 547449 917179 13039615 13640838 3776084 3377931 1154130 937998 137956377 41374569 86117586 96581808 20503742 21489986 143360 125138606 137089100 7171871 9892754 60316035 68579158 6870912 6533038 74358818 85004950 X 100305 101055 1508824 1956076 49170659 50027019 50779788 52084150 125138606 137089100 X -201881 1506243 X false true X true false 77303 77303 137879074 41374569 96504505 96581808 INVESTMENTS IN ASSOCIATED 21485803 INVESTMENT IN ASSOCIATED 4183 21489986 POST-RETIREMENT BENEFIT OBLIGATIONS 4809067 CONSUMER DEPOSITS 2060557 DEFERRED CREDITS 777085 OTHER LIABILITIES -1113671 6533038 X 49837366 49837366 49837366 46467696 -201881 -201881 46669577 3369670 3369670 50039247 SCHEDULE D, PAGE 3, PART X THE COOPERATIVE IS EXEMPT FROM INCOME TAXED UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES WITH REGARD TO SALES OF ELECTRICITY TO ITS MEMBERS. SCHEDULE D, PAGE 4, PART XII, LINE 2D EQUITY LOSS IN SUBSIDIARY -201,881 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE DIVIDENDS - ASSIGNED 3,369,670 X X false false false HAMID VAHDATIPOUR GENERAL MANAGER/CEO 253777 500 7760 187602 23479 473118 BEN MCCOLLUM DIR FINANCE & ADMIN 120030 440 523 49207 23479 193679 LOGAN PLEASANT DIR OF OPERATIONS 131908 214 3620 27058 23479 186279 ARNOLD RATLIFF LINEMAN 103191 500 170 31091 23479 158431 SCHEDULE J, PART III EMPLOYEE NAME: HAMID VAHDATIPOUR ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 164,709 EMPLOYER CONTRIBUTION TO 401(K) PLAN 22,893 TOTAL REPORTED IN COLUMN C 187,602 LESS: ACTUARIAL INCREASE 164,709 ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 36,553 EXPENSE TO COOPERATIVE 59,446 EMPLOYEE NAME: BEN MCCOLLUM ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 38,351 EMPLOYER CONTRIBUTION TO 401(K) PLAN 10,856 TOTAL REPORTED IN COLUMN C 49,207 LESS: ACTUARIAL INCREASE 38,351 ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 17,348 EXPENSE TO COOPERATIVE 28,204 EMPLOYEE NAME: LOGAN PLEASANT ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 15,133 EMPLOYER CONTRIBUTION TO 401(K) PLAN 11,925 TOTAL REPORTED IN COLUMN C 27,058 LESS: ACTUARIAL INCREASE 15,133 ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 19,020 EXPENSE TO COOPERATIVE 30,945 EMPLOYEE NAME: ARNOLD RATLIFF ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 24,509 EMPLOYER CONTRIBUTION TO 401(K) PLAN 6,582 TOTAL REPORTED IN COLUMN C 31,091 LESS: ACTUARIAL INCREASE 24,509 ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 10,470 EXPENSE TO COOPERATIVE 17,052 FORM 990, PAGE 2, PART III, LINE 4D VOICE AND INTERNET SERVICES FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS FORM 990, PAGE 6, PART VI, LINE 7A YES FORM 990, PAGE 6, PART VI, LINE 7B YES FORM 990, PAGE 6, PART VI, LINE 11B REVIEWED BY THE GENERAL MANAGER AND DIRECTOR OF FINANCE AND ADMINISTRATION. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR TOP OFFICIALS IS DETERMINED BY THE USE OF A NATIONAL COMPENSATION SURVEY AND THE CPI INDEX. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES AND OTHER OFFICERS IS DETERMINED BY THE USE OF A NATIONAL COMPENSATION SURVEY AND THE CPI INDEX. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST FROM THE MAIN OFFICE LOCATED AT 516 SOUTH LAKE REGION ROAD, HULBERT OK 74441. FORM 990, PART VIII FORM 990, PART IX THE COOPERATIVE'S ACCOUNTING RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS REQUIRED BY ITS REGULATORY AGENCY. THE UNIFORM SYSTEM OF ACCOUNTS DOES NOT RECORD EXPENSES IN THE EXPENSE CATEGORIES PROVIDED ON PART IX LINES 1-23. THEREFORE, OTHER EXPENSES LINE 24 INCLUDES EXPENSES THAT ARE DESCRIBED IN LINES 1-23, BUT REPORTED USING THE UNIFORM SYSTEM OF ACCOUNTS. FORM 990, PART XI, LINE 9 INCREASE IN MEMBERSHIP 750 PATRONAGE DIVIDEND ALLOCATION 3,369,670 INCREASE IN OCI 440,200 RETIREMENT OF PATRONAGE CAPITAL -1,219,414 OTHER CHANGES IN EQUITY -883,083 EQUITY LOSS IN SUBSIDIARY -201,880 TOTAL 1,506,243 LAKE REGION FOUNDATION 516 LAKE REGION RD HULBERT OK 744410127 113793478 DONATIONS OK 501C3 10 LREC LAKE REGION ELECTRIC COOPERATIVE false LAKE REGION ELECTRIC DEVELOPMENT PO BOX 127 HULBERT OK 744410127 731346843 WATER UTIL OK LREC C CORP 731865 2611209 1.00000 false false true false false false false false false false false false false false false false false false false true LAKE REGION FOUNDATION B 88634 ACCRUAL BASIS LAKE REGION ELECTRIC DEVELOPMENT S 28405 ACCRUAL BASIS