2018-11-13T16:10:17-06:00 2017-12-31 631035228 Jackson Thornton & Co PC PO Box 96 Montgomery AL 361010096 990 2017-01-01 370425335 Monroe County Electric Cooperative Inc MONR 6189397171 PO Box 128 Waterloo IL 62298 Alan Wattles President/CEO 6189397171 2018-11-12 1 Patrick Cooper P00856177 3348347660 2018-11-09 142.154.130.164 2018-11-12 09:53:09 CS P 0C1724741AE0B7B2CBC8A006392FEB2DFBE97CF6 58A221B50A0AB7FF5D57FDB9C2C3D3903606F433 2017 2019-02-21 02:37:17Z Alan Wattles PO Box 128 Waterloo IL 62298 17173699 0 X www.mcec.org X 1938 IL As a member owned organization, Monroe County Electric Cooperative's mission is to provide and maintain quality electric and related services for the benefit and well-being of its members. 9 9 25 0 0 0 0 0 16828044 17044578 -373 28593 68199 100528 16895870 17173699 0 0 380865 1183616 1274163 442750 0 0 0 14695889 15418810 16350917 17045176 544953 128523 41876695 42630282 30068924 29833128 11807771 12797154 As a member owned organization, Monroe County Electric Cooperative's mission is to provide and maintain quality electric and related services for the benefit and well-being of its members. 0 0 Monroe County Electric Cooperative, Inc. is a member-owned electric cooperative. Using approximately 1,000 miles of line, Monroe County Electric Cooperative, Inc. provides over 6,700 services to its members located in Illinois. 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 37 0 1 25 1 0 0 0 0 0 0 0 16317255 856444 0 X 9 9 0 0 1 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X Alisa Wood 6189397171 PO Box 128 Waterloo IL 62298 Gary Gregson Director 1.74 X 5532 0 0 Joel Harris Director 1.21 X 4582 0 0 Richard Hollis Director 2.16 X 4622 0 0 Manlee Knobloch Director 2.51 X 5815 0 0 Larry Kraft Director 3.91 X 9682 0 0 Richard Liefer Director 5.27 X 12132 0 0 Ross Mueller Director 2.19 X 6771 0 0 Richard Neff Director 1.60 X 5582 0 0 George Obernagel Director 2.60 X 6732 0 0 Alan Wattles President/CEO 43.00 X 165916 0 88039 Alisa Wood Office Manager 40.00 X 92376 0 34969 Chris Scott Operations Supervisor 40.00 X 114269 0 39037 Christopher Deterding Foreman 44.00 X 106347 0 37150 Robert Gross Foreman 43.00 X 102128 0 69365 Matthew Kish Lineman 44.00 X 102393 0 34531 Ronald Rusteberg Foreman 43.00 X 102764 0 56324 847643 0 359415 6 0 1 0 National Information Solutions Cooperati 1 Innovation Circle Lake St Louis MO 63367 Computer support/ Member billing service 114912 1 Electric Revenue 221000 16373765 16373765 Capital Credits 221000 670813 670813 17044578 17075 17075 66214 0 66214 66214 66214 11518 0 11518 11518 11518 Other Revenue 221000 34314 34314 34314 17173699 17044578 0 129121 X 1183616 442750 1064752 1395518 Cost of Power 9615558 Distribution Expense - 1277047 Administrative and gene 1058303 Distribution Expense - 579746 427886 17045176 417369 252743 20000 20000 1563018 1498431 668520 392623 1027390 990989 52409724 17457691 34268570 34952033 3911828 4523463 41876695 42630282 1361358 1485307 140585 126649 28358761 27914955 208220 306217 30068924 29833128 X 0 0 816976 763389 10990795 12033765 11807771 12797154 41876695 42630282 X 128523 860860 X 0 1 X 1 0 1804468 1804468 3316507 1340320 1976187 47288749 16117371 31171378 34952033 Subordinated Certificates 338252 F Investments in Related Organizations 4176136 F Investment in Subsidiary 9075 F 4523463 Post Retirement Benefit Obligation 306217 306217 X Part X, Line 2: An evaluation of whether or not it has any uncertain tax positions is determined on an annual basis by the Cooperative. While the Cooperative believes it has adequately provided for all tax positions, amounts asserted by taxing authorities could be different than the positions taken by the Cooperative. The Cooperative recognizes any interest or penalties assessed by taxing authorities in income tax expense and, with few exceptions, is no longer subject to federal, state, or local income tax examinations by tax authorities for years before 2014. X X 0 0 0 Alan Wattles President/CEO 163966 0 1950 0 0 0 67353 0 20686 0 253955 0 0 0 Chris Scott Operations Supervisor 112769 0 1500 0 0 0 19459 0 19578 0 153306 0 0 0 Robert Gross Foreman 102128 0 0 0 0 0 50103 0 19262 0 171493 0 0 0 Ronald Rusteberg Foreman 102764 0 0 0 0 0 37062 0 19262 0 159088 0 0 0 Part I, Line 3 .. Form 990, Part VI, Section A, line 4 The membership voted to change Section 3.04 of the bylaws, which reduced the quorum requirement from 3% of the Cooperative's members to 50 members. Form 990, Part VI, Section A, line 6 Monroe County Electric Cooperative is a member owned cooperative. Form 990, Part VI, Section A, line 7a Monroe County Electric Cooperative, Inc. members elect the board of directors. Form 990, Part VI, Section A, line 7b Bylaw changes are to be voted on by the membership. Form 990, Part VI, Section B, line 11b The President/CEO & Office Manager review the Form 990 for reasonableness and consistency with prior year Form 990's. Form 990, Part VI, Section B, line 12c The conflict of interest policy is reviewed annually at the monthly board meeting in addition to the Board of Directors signing a conflict of interest form. Form 990, Part VI, Section B, line 15 Annual review and salary comparisons are based upon the NRECA Wage & Salary Survey with all salary amounts being approved by the Board of Directors. Form 990, Part VI, Section C, line 19 Bylaws are offered to all new members and are posted on our website. All other documents are available upon request. Form 990, Part IX, Line 4 The instructions to the 2017 Form 990 indicate that organizations exempt under Section 501 (c)(12) should report "patronage dividends paid" to their members in Part IX, Line 4 of the Form 990. The Cooperative has interpreted the words "patronage dividends paid" in the instructions to mean margins that are assigned or assignable to the members. The Cooperative assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assignable to the members for the calendar year ended December 31, 2017. For 2016 the Cooperative used margins retired rather than margins assigned. Form 990, Part XI, line 9: Assignment of net margins to members 1,183,616. Retirement of Capital Credits -359,872. ASC 715 adjustment -95,000. Other changes 132,116. Monroe County Environmental Management NFP PO Box 128 Waterloo IL 62298 203960021 Sewer Treatment IL N/A C 261776 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0