2019-11-13T11:51:44-06:00 2018-12-31 731293012 BRISCOE BURKE & GRIGSBY LLP 4120 EAST 51ST STREET SUITE 100 TULSA OK 741353633 990 2018-01-01 730459033 SOUTHWEST RURAL ELECTRIC ASSOC INC SOUT 5806675281 P O BOX 310 TIPTON OK 73570 KENNETH E SIMMONS GENERAL MANAGER 5806675281 2019-11-06 true SEAN B DUNAHAY CPA P00086460 9187498337 2019-11-06 64.207.232.134 2019-11-13 11:51:44 CS P 4C8A41972BB33917DC249F0BC4823617510CB3CA 003FB1185ECEAC881910493D25B957876940FEAE 2018 2020-01-14 16:20:31Z KENNETH E SIMMONS PO BOX 310 TIPTON OK 73570 17918945 false X WWW.SWRE.COM X 1938 OK TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. 9 9 38 0 0 16294860 17790739 510524 111388 22076 15763 16827460 17917890 0 242994 405535 748092 837242 0 0 16054628 16675113 17045714 17917890 -218254 0 66224402 67486495 38500592 39341256 27723810 28145239 TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. false false TO PROVIDE ELECTRICITY TO OUR MEMEBRS - 7,702 ACTIVE SERVICES AT YEAR-END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS AND WERE ALLOCATED PATRONAGE CAPITAL. 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 false false false true 9 0 true 38 true false false false false false 17420156 392267 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false OK X SOUTHWEST RURAL ELECTRIC ASSOC 5806675281 P O BOX 310 700 N BROADWAY TIPTON OK 73570 RONNIE SWAN VICE PRESIDE 8.00 0.00 X X 42650 0 0 DON ELLIS PRESIDENT 10.00 0.00 X X 41977 0 0 DAN WHITE TRUSTEE 8.00 0.00 X 41207 0 0 CARL BROCKRIEDE TRUSTEE 8.00 0.00 X 35430 0 0 JIMMY HOLLAND TRUSTEE 5.00 0.00 X 34164 0 0 DAN LAMBERT TRUSTEE 9.00 0.00 X 33792 0 0 RAY WALKER TRUSTEE 7.00 0.00 X 32583 0 0 DON PROCTOR SECRETARY 8.00 0.00 X X 25796 0 0 DAN ELSENER TRUSTEE 8.00 0.00 X 24387 0 0 KENNETH E SIMMONS GENERAL MANA 40.00 0.00 X 176620 0 84987 TRACI BALDERAS MANAGER OF F 45.00 0.00 X 46511 0 25968 AARON PAXTON MANAGER OF F 3.00 0.00 X 5678 0 7245 B KEITH BONHAM MGR OF MMBR 40.00 0.00 X 104779 0 73468 645574 191668 2 false true false R&R POWERLINE CONSTRUCTION PO BOX 246 SAYRE OK 73662 POLE MAINTENANC 250197 1 X SALES OF ELECTRICITY 221000 17376503 17376503 PATRONAGE DIVIDENDS 221000 370583 370583 SERVICE REVENUE 221000 43653 43653 17790739 111715 111715 10530 10530 10530 10530 327 -327 -327 -327 1948 728 1220 1220 MISC REVENUE 4013 4013 4013 17917890 17794752 123138 405535 658995 178247 1265055 1528467 COST OF POWER 9442204 DISTRIBUTION 3069317 CONSUMER EXPENSE 857922 GENERAL & ADMINISTRATIVE 512148 17917890 0 0 0 523662 472633 32074 2519210 2175267 225381 239444 71106 92487 66219884 9951078 54575299 56268806 7566535 7662012 711135 575846 66224402 67486495 1290238 1564912 33020436 33168565 4189918 4607779 38500592 39341256 X 45290 44400 1018153 1034937 26660367 27065902 27723810 28145239 66224402 67486495 X 0 421429 X false true X true true true 129210 129210 2089484 764857 1324627 64001190 9186221 54814969 56268806 7662012 C 7662012 POST RETIREMENT HEALTH CARE 4497784 CONSUMER DEPOSITS 109995 4607779 X 17917890 17917890 17917890 17512355 17512355 405535 405535 17917890 SCHEDULE D, PAGE 3, PART X THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. SIGNIFICANT REQUIREMENTS OF THESE STATUTES PROVIDE THAT AT LEAST 85 PERCENT OF INCOME CONSISTS OF AMOUNTS COLLECTED FROM MEMBERS FOR THE SOLE PURPOSE OF MEETING LOSSES AND EXPENSES. MANAGEMENT HAS CONSIDERED WHETHER THE COOPERATIVE HAS ANY UNCERTAIN TAX POSITIONS, EMBEDDED OR OTHERWISE, THAT WOULD MATERIALLY IMPACT THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES NO SUCH MATERIAL UNCERTAINTIES EXIST, THEREFORE NO PROVISION IS PROVIDED. SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE DIVIDENDS - ALLOCATED 405,535 X X false false false KENNETH E SIMMONS GENERAL MANAGER 174324 2296 58819 26168 261607 B KEITH BONHAM MGR OF MMBR SERVICES 102799 1980 59805 13663 178247 SCHEDULE J, PART III PART III, COLUMN C. - INCLUDED IN THIS AMOUNT ARE THE EMPLOYER CONTRIBUTIONS TO THE DEFINED CONTRIBUTION PLAN (401K), CASH CONTRIBUTIONS TO THE MULTI-EMPLOYER NRECA R&S DEFINED BENEFIT PLAN, AND THE INCREASE IN ACTUARIAL VALUE OF BENEFITS PAYABLE UNDER THE NRECA R&S DEFINED BENEFIT PLAN. THE CHANGE FOR ACTUARIAL VALUE FOR EACH INDIVIDUAL PARTICIPANT IS BASED ON ACTUARIAL DATA AND ASSUMPTIONS. THE ACTUARIAL AMOUNTS INCLUDED IN THIS COLUMN ARE AS FOLLOWS: KENNETH E SIMMONS ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 55,436 EMPLOYER CONTRIBUTION TO 401(K) PLAN 3,383 TOTAL REPORTED IN COLUMN C 58,819 LESS: ACTUARIAL INCREASE 55,436 ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 41,910 EXPENSE TO THE COOPERATIVE 45,293 B. KEITH BONHAM ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN 57,732 EMPLOYER CONTRIBUTION TO 401(K) PLAN 2,072 TOTAL REPORTED IN COLUMN C 59,805 LESS: ACTUARIAL INCREASE 57,732 ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 25,400 EXPENSE TO THE COOPERATIVE 27,472 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 FORM 990 WILL BE PRESENTED TO THE BOARD FOR APPROVAL PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C PERIODICALLY DISCUSS WITH BOARD MEMBERS AND EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 15A SALARY INFORMATION FROM NRECA UTILIZED AS WELL AS CONSULTANTS AS NECESSARY. FORM 990, PAGE 6, PART VI, LINE 15B SALARY INFORMATION FROM NRECA UTILIZED AS WELL AS CONSULTANTS AS NECESSARY. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST. 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 OTHER EQUITIES 38,448 PATRONAGE CAPITAL ALLOCATED 405,535 DECREASE IN MEMBERSHIPS -890 DECREASE IN ACCUMULATED OCI -21,664 TOTAL 421,429