NORTH ARKANSAS ELECTRIC COOPERATIVE INC: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- NORTH ARKANSAS ELECTRIC COOPERATIVE INC (EIN 71-0131073)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-06-29
- IRS object ID
- 201811809349300406
- 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 | 2018-06-29T08:44:21-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3667 | AddressLine1Txt |
| City | LITTLE ROCK | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 722033667 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 710131073 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTH ARKANSAS ELECTRIC COOPERATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JULIE HANEY | InCareOfNm |
| Business Name Control | NORT | BusinessNameControlTxt |
| Phone | 8708953221 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1000 | AddressLine1Txt |
| City | SALEM | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72576 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MEL COLEMAN | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 8708953221 | PhoneNum |
| Signature | 2018-06-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMBER SHERRILL | PreparerPersonNm |
| PTIN | P00748683 | PTIN |
| Phone | 5013721040 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MEL COLEMAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 SOUTH MAIN ST | AddressLine1Txt |
| City | SALEM | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72576 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $67,136,301 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.naeci.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1939 | FormationYr |
| Legal Domicile State | AR | LegalDomicileStateCd |
| Activity Or Mission | PROVIDE ECONOMICAL AND RELIABLE ELECTRIC POWER, ALONG WITH RESOURCES, SERVICES AND LEADERSHIP THAT WILL MEET THE PRESENT & FUTURE NEEDS OF OUR MEMBERS & THE COMMUNITIES WE SERVE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 157 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | -$1,454,310 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$1,814,859 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $64,484,630 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $64,972,796 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,793,561 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,748,582 | CYInvestmentIncomeAmt |
| PY Other Revenue | $24,748 | PYOtherRevenueAmt |
| CY Other Revenue | -$1,497,445 | CYOtherRevenueAmt |
| PY Total Revenue | $66,302,939 | PYTotalRevenueAmt |
| CY Total Revenue | $65,223,933 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $10,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $4,860,731 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $4,060,066 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $8,958,052 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $8,887,370 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $52,474,156 | PYOtherExpensesAmt |
| CY Other Expenses | $54,065,471 | CYOtherExpensesAmt |
| PY Total Expenses | $66,302,939 | PYTotalExpensesAmt |
| CY Total Expenses | $67,012,907 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | -$1,788,974 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $222,661,037 | TotalAssetsBOYAmt |
| Total Assets EOY | $241,143,046 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $132,953,668 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $148,717,231 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $89,707,369 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $92,425,815 | NetAssetsOrFundBalancesEOYAmt |
| Mission | PROVIDE ECONOMICAL AND RELIABLE ELECTRIC POWER, ALONG WITH RESOURCES, SERVICES AND LEADERSHIP THAT WILL MEET THE PRESENT AND FUTURE NEEDS OF OUR MEMBERS AND THE COMMUNITIES WE SERVE. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | NORTH ARKANSAS ELECTRIC COOPERATIVE PROVIDED 571,407,261 KIL HOURS OF ELECTRICAL ENERGY TO THE 36,651 MEMBERS RECEIVING SERVICE. | Desc |
| 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 | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | 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 | Yes (true) | 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 | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 30 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 157 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Members And Shr Gross Income | $64,972,796 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $2,163,505 | OtherSourcesGrossIncomeAmt |
| 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 | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | false | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JULIE HANEY | PersonNm |
| Phone | 8708953221 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 SOUTH MAIN STREET | AddressLine1Txt |
| City | SALEM | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72576 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| JASPER FREEMAN | ||||||||
| BOARD VICE PRESIDENT | 6.63 | 0.0 | Yes (X) | Yes (X) | $41,883 | $0 | $0 | |
| MICHAEL DOVER | ||||||||
| BOARD PRESIDENT | 5.63 | 0.0 | Yes (X) | Yes (X) | $23,628 | $0 | $0 | |
| MARK H MONTGOMERY | ||||||||
| BOARD MEMBER | 3.04 | 0.0 | Yes (X) | $36,589 | $0 | $0 | ||
| BETH CARTER | ||||||||
| BOARD SECRETARY/TREASURER | 4.88 | 0.0 | Yes (X) | Yes (X) | $35,699 | $0 | $0 | |
| LARRY GOODWIN | ||||||||
| BOARD MEMBER | 6.82 | 0.0 | Yes (X) | $46,172 | $0 | $0 | ||
| CAMERON DAVIS | ||||||||
| BOARD MEMBER | 1.91 | 0.0 | Yes (X) | $34,212 | $0 | $0 | ||
| DENNIS WILES | ||||||||
| BOARD MEMBER | 7.06 | 0.0 | Yes (X) | $18,169 | $0 | $0 | ||
| SONYA WILES | ||||||||
| BOARD MEMBER | 6.07 | 0.0 | Yes (X) | $41,621 | $0 | $0 | ||
| JIM SHORT | ||||||||
| BOARD MEMBER | 7.79 | 0.0 | Yes (X) | $36,308 | $0 | $0 | ||
| MEL COLEMAN | ||||||||
| CEO | 40.0 | 0.0 | Yes (X) | $287,496 | $0 | $103,925 | ||
| JULIE HANEY | ||||||||
| CFO | 40.0 | 0.0 | Yes (X) | $117,068 | $0 | $44,143 | ||
| JAMES WOODY | ||||||||
| MANAGER OF OPERATIONS | 40.0 | 0.0 | $135,148 | $0 | $64,443 | Yes (X) | ||
| JASON STRONG | ||||||||
| MANAGER OF ENGINEERING | 40.0 | 0.0 | $136,295 | $0 | $47,647 | Yes (X) | ||
| STEVE HALL | ||||||||
| MANAGER HUMAN RESOURCES | 40.0 | 0.0 | $137,258 | $0 | $50,155 | Yes (X) | ||
| JIM BLACKMON | ||||||||
| IT MANAGER | 40.0 | 0.0 | $122,992 | $0 | $59,799 | Yes (X) | ||
| LEAH ROUSE | ||||||||
| MANAGER OF MEMBER SERVICES | 40.0 | 0.0 | $119,097 | $0 | $58,291 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,369,635 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $428,403 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 11 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ERVIN CABLE CONSTRUCTION LLC | |||||
| PO BOX 932157 | ATLANTA | GA | 31193 | FIBER OPTIC INSTALL | $1,436,795 |
| WEST TREE SERVICE | |||||
| PO BOX 55362 | LITTLE ROCK | AR | 72215 | TREE/VEGETATION MGMT | $1,442,913 |
| GREGORY CO INC | |||||
| PO BOX 710 | MOUNTAIN HOME | AR | 72654 | CONSTRUCTION | $1,123,967 |
| AECI CONSTRUCTION SERVICE | |||||
| PO BOX 194208 | LITTLE ROCK | AR | 72219 | CONSTRUCTION | $425,311 |
| IRBY CONSTRUCTION CO | |||||
| 318 OLD HWY 49 S | RICHLAND | MS | 32918 | CONSTRUCTION | $1,407,690 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SALES AND SERVICE | Desc |
| Business | 221000 | BusinessCd |
| Total Revenue Column | $64,972,796 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $64,972,796 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $64,972,796 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,748,582 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $43,135 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,705,447 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $205,926 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,912,368 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$1,706,442 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,706,442 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$1,706,442 | UnrelatedBusinessRevenueAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|
| MANAGEMENT FEE INCOME | 561000 | $74,244 | $74,244 |
| CONTRIBUTION IN AID | 900099 | $134,753 | $134,753 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $208,997 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $65,223,933 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $64,972,796 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$1,454,310 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,705,447 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,060,066 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $866,913 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,713,290 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,194,172 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,719,701 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $393,294 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,329 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,310 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,943 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $239,285 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $129,512 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $506,371 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,748 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,841 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,478,827 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,859,218 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $220,475 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| COST OF POWER PURCHASED | $34,088,547 |
| MAINTENANCE | $3,285,633 |
| OPERATION | $1,728,966 |
| CONSUMER ACCOUNTS EXPENSE | $1,056,037 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,178,429 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,012,907 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $531,622 | BOYAmt |
| EOY | $473,468 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,177,808 | BOYAmt |
| EOY | $30,803,042 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,517,381 | BOYAmt |
| EOY | $10,067,070 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $44,864 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,631,165 | BOYAmt |
| EOY | $1,640,843 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,748,513 | BOYAmt |
| EOY | $1,948,301 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,924 | BOYAmt |
| EOY | $68,502 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $249,180,438 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $85,842,294 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $155,724,265 | BOYAmt |
| EOY | $163,338,144 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,896,591 | BOYAmt |
| EOY | $27,599,800 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,372,768 | BOYAmt |
| EOY | $5,159,012 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,661,037 | BOYAmt |
| EOY | $241,143,046 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,633,636 | BOYAmt |
| EOY | $8,797,221 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $96,659,483 | BOYAmt |
| EOY | $112,912,665 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,660,549 | BOYAmt |
| EOY | $27,007,345 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $132,953,668 | BOYAmt |
| EOY | $148,717,231 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,235,172 | BOYAmt |
| EOY | $91,005,723 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $472,197 | BOYAmt |
| EOY | $1,420,092 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,707,369 | BOYAmt |
| EOY | $92,425,815 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,661,037 | BOYAmt |
| EOY | $241,143,046 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,788,974 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $4,507,420 | 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,168,114 | OtherCostOrOtherBasisAmt |
| Book Value | $2,168,114 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,714,217 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,774,388 | DepreciationAmt |
| Book Value | $5,939,829 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $231,830,435 | OtherCostOrOtherBasisAmt |
| Depreciation | $84,067,906 | DepreciationAmt |
| Book Value | $147,762,529 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,467,672 | OtherCostOrOtherBasisAmt |
| Book Value | $7,467,672 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $163,338,144 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| CONSUMER DEPOSITS | $1,255,816 |
| PROVISION FOR PENSION BENEFITS | $23,323,997 |
| CUSTOMER ADVANCES FOR CONSTRUCTION | $671,609 |
| PATRONAGE CAPITAL PAYABLE | $1,010,893 |
| CURRENT PROV. FOR POSTRETIREMENT | $641,000 |
| DUE TO NEXT | $104,030 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $27,007,345 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $66,653,773 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $1,564,593 | OtherRevenueAmt |
| Revenue Not Reported | $1,564,593 | RevenueNotReportedAmt |
| Revenue Subtotal | $65,089,180 | RevenueSubtotalAmt |
| Other Revenues Not Included | $134,753 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $134,753 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $65,223,933 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $62,941,482 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $59,386 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $59,386 | ExpensesNotReportedAmt |
| Expenses Subtotal | $62,882,096 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $4,130,811 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $4,130,811 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $67,012,907 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, SCHEDULE D, PART X, LINE 2 | MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. |
| FORM 990, SCHEDULE D, PART XI, LINE 2D | INCOME FROM SUBSIDIARY (347,775) BOOK TO TAX DEPRECIATION DIFFERENCE 1,852,982 RENTAL EXPENSES 59,386 ----------------- TOTAL 1,564,593 |
| FORM 990, SCHEDULE D, PART XI, LINE 4B | CONTRIBUTION IN AID $134,753 |
| FORM 990, SCHEDULE D, PART XI, LINE 2B | RENTAL EXPENSE 59,386 |
| FORM 990, SCHEDULE D, PART XII, LINE 4B | 2017 PATRONAGE ASSIGNED TO MEMBERS IN 2018 $4,060,066 CONTRIBUTION IN AID DEPRECIATION EXPENSE 70,745 ---------------------- TOTAL 4,130,811 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES WOODY | ||||||||||||||
| MANAGER OF OPERATIONS | $134,196 | $0 | $0 | $0 | $952 | $0 | $39,248 | $0 | $25,195 | $0 | $199,591 | $0 | $0 | $0 |
| JASON STRONG | ||||||||||||||
| MANAGER OF ENGINEERING | $135,713 | $0 | $0 | $0 | $582 | $0 | $22,455 | $0 | $25,192 | $0 | $183,942 | $0 | $0 | $0 |
| STEVE HALL | ||||||||||||||
| MANAGER HUMAN RESOURCES | $130,034 | $0 | $0 | $0 | $7,224 | $0 | $37,936 | $0 | $12,219 | $0 | $187,413 | $0 | $0 | $0 |
| JIM BLACKMON | ||||||||||||||
| IT MANAGER | $120,686 | $0 | $0 | $0 | $2,306 | $0 | $34,761 | $0 | $25,038 | $0 | $182,791 | $0 | $0 | $0 |
| MEL COLEMAN | ||||||||||||||
| CEO | $279,362 | $0 | $0 | $0 | $8,134 | $0 | $76,398 | $0 | $27,526 | $0 | $391,420 | $0 | $0 | $0 |
| JULIE HANEY | ||||||||||||||
| CFO | $116,583 | $0 | $0 | $0 | $485 | $0 | $19,300 | $0 | $24,843 | $0 | $161,211 | $0 | $0 | $0 |
| LEAH ROUSE | ||||||||||||||
| MANAGER OF MEMBER SERVICES | $118,542 | $0 | $0 | $0 | $555 | $0 | $33,445 | $0 | $24,846 | $0 | $177,388 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCHEDULE J, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | SEE SCHEDULE O FOR EXPLANATION OF CEO'S COMPENSATION EVALUATION AND APPROVAL. | ExplanationTxt |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MEL COLEMAN | PersonNm |
| Relationship With Org | CEO | RelationshipWithOrgTxt |
| Loan Purpose | ERC LOAN | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $48,000 | OriginalPrincipalAmt |
| Balance Due | $44,864 | BalanceDueAmt |
| Default | false | DefaultInd |
| Board Or Committee Approval | Yes (true) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (true) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $44,864 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6, 7A & 7B | THERE IS ONLY ONE CLASS OF MEMBERS. ALL MEMBERS HAVE ONE VOTE EACH. THE MEMBERS ELECT THE GOVERNING BODY AND APPROVE WHETHER THE COMPANY CAN BE SOLD. |
| FORM 990, PART VI, SECTION A, LINE 8B | NO COMMITTEES ARE USED AT THIS TIME. |
| FORM 990, PART VI, SECTION B, LINE 11B | JULIE HANEY, CFO, REVIEWS ALL INFORMATION. IF ALL APPEARS TO BE CORRECT TO THE FINANCIAL STATEMENTS OF THE ORGANIZATION, SHE PASSES IT TO THE CEO, MEL COLEMAN, FOR HIS REVIEW. IF ALL APPEARS TO BE IN ORDER, THE BOARD IS PRESENTED WITH A COPY FOR EACH MEMBER TO REVIEW AND APPROVE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD INTERPRETS AND ENFORCES THIS POLICY. COOPERATIVE'S LEGAL COUNSEL MUST ANNUALLY REVIEW THIS POLICY WITH ALL OFFICIALS. THE MINUTES OF ALL BOARD MEETINGS SHOULD RECORD ALL DISCLOSURES, VOTES, AUTHORIZATIONS, AND OTHER ACTIONS TAKEN UNDER THIS POLICY. EACH OFFICIAL MUST ANNUALLY COMPLETE AND SIGN THE CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE FORM ATTACHED TO THIS POLICY AND DELIVER THE COMPLETED AND SIGNED FORM TO PRESIDENT OR MANAGER. IF AN OFFICIAL DISCOVERS ANY INFORMATION OR FACT THAT COULD IMPACT ANOTHER OFFICIAL'S COMPLIANCE WITH THIS POLICY, THEN THE OFFICIAL MUST DISCLOSE THE INFORMATION OR FACT TO PRESIDENT OR MANAGER IMMEDIATELY. IF MANAGER OR PRESIDENT RECEIVES A FORM DISCLOSING ANY INFORMATION OR FACT THAT COULD IMPACT AN OFFICIAL'S COMPLIANCE WITH THIS POLICY, THEN, RESPECTIVELY, MANAGER MUST DELIVER THE FORM TO PRESIDENT AND PRESIDENT MUST DISTRIBUTE THE FORM TO THE BOARD. IF MANAGER OR PRESIDENT RECEIVES OR DISCOVERS ANY OTHER INFORMATION OR FACT THAT COULD IMPACT ANY OFFICIAL'S COMPLIANCE WITH THIS POLICY, THEN, RESPECTIVELY, MANAGER MUST DISCLOSE THIS INFORMATION OR FACT TO PRESIDENT AND PRESIDENT MUST DISCLOSE THIS INFORMATION OR FACT TO THE BOARD. UPON RECEIVING OR DISCOVERING ANY INFORMATION OR FACT THAT COULD IMPACT A DIRECTOR'S COMPLIANCE WITH THIS POLICY, THE BOARD MUST: A. PROVIDE THE DIRECTOR AN OPPORTUNITY TO COMMENT ORALLY AND IN WRITING REGARDING THE INFORMATION OR FACT, AND AN OPPORTUNITY TO BE REPRESENTED BY LEGAL COUNSEL; AND B. DETERMINE WHETHER THE DIRECTOR COMPLIES WITH THIS POLICY. IF THE BOARD DETERMINES THAT A DIRECTOR DOES NOT COMPLY WITH THIS POLICY, THEN: A. THE BOARD MUST PROVIDE THE DIRECTOR AN OPPORTUNITY TO COMPLY WITH THIS POLICY WITHIN THIRTY DAYS; AND B. IF THE DIRECTOR DOES NOT COMPLY WITH THIS POLICY WITHIN THIRTY DAYS, THEN, AS ALLOWED BY LAW, THE BOARD MUST SANCTION, DISQUALIFY, AND/OR REMOVE THE DIRECTOR. UPON RECEIVING OR DISCOVERING ANY INFORMATION OR FACT THAT COULD IMPACT ANY OTHER OFFICIAL'S COMPLIANCE WITH THIS POLICY, THE BOARD MUST ACT AS APPROPRIATE OR AUTHORIZE THE MANAGER TO ACT AS APPROPRIATE. |
| FORM 990, PART VI, SECTION B, LINE 15A & 15B | NORTH ARKANSAS ELECTRIC COOPERATIVE HAS AN INDEPENDENT CONSULTANT THAT DEVELOPS THE SALARY RANGE STRUCTURE BASED ON COMPARABILITY DATA. THE CONSULTANT DOES NOT APPROVE THE COMPENSATION, BUT DEVELOPS THE SALARY RANGES THAT ARE USED IN MERIT REVIEW COMPENSATION FOR ALL POSITIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVALIABLE TO THE PUBLIC UPON WRITTEN REQUEST. |
| FORM 990, PART IX, LINE 4 | AMOUNT NOTED ON THIS LINE RELATES TO PATRONAGE DIVIDENDS ASSIGNED AFTER 2017 YEAR END FOR THE 2018 YEAR. |
| FORM 990, PART XI, LINE 9 | NET INCOME BEFORE PATRONAGE ASSIGNED: $4,060,066 CHANGE IN MEMBERSHIP FEES: 4,200 CHANGES IN OTHER EQUITIES: 222,494 RETIREMENT OF CAPITAL CREDITS: (2,289,515) CHANGE IN ACCUMULATED OTHER COMPREHENSIVE LOSS-POSTRETIREMENT BENEFITS: 1,068,976 INCOME FROM SUBSIDIARY (347,775) CONTRIBUTION IN AID UNRELATED BUSINESS INCOME (64,008) BOOK TO TAX DEPRECIATION DIFFERENCE 1,852,982 ------------------------------------------------------------- TOTAL: $4,507,420 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | N AR ELECTRIC OPERATION ROUND-UP TRUST | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1000 | AddressLine1Txt |
| City | SALEM | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72576 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201400369 | EIN |
| Primary Activities | SCHOLARSHIPS | PrimaryActivitiesTxt |
| Legal Domicile State | AR | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 8 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NAEC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEXT POWERED BY NAEC LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 S MAIN ST | AddressLine1Txt |
| City | SALEM | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72576 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 812002691 | EIN |
| Primary Activities | BROADBAND | PrimaryActivitiesTxt |
| Legal Domicile State | AR | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NAEC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C CORP | EntityTypeTxt |
| Share Of Total Income | -$382,884 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $946,417 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| NEXT POWERED BY NAEC | ||
| A | $249,061 | FMV |
| NEXT POWERED BY NAEC | ||
| D | $709,950 | FMV |
| NEXT POWERED BY NAEC | ||
| L | $74,244 | FMV |
| NEXT POWERED BY NAEC | ||
| R | $163,900 | FMV |