WIRE GRASS ELECTRIC COOPERATIVE INC: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- WIRE GRASS ELECTRIC COOPERATIVE INC (EIN 63-0229728)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-09-04
- IRS object ID
- 201812479349300846
- 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 | 2018-09-04T12:33:47-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 631035228 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jackson Thornton & Co PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 96 | AddressLine1Txt |
| City | Montgomery | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 36101 | 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 | 630229728 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wiregrass Electric Cooperative | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WIRE | BusinessNameControlTxt |
| Phone | 3345882223 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 158 | AddressLine1Txt |
| City | Hartford | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 363440158 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Leslie Moreland | PersonNm |
| Person Title | Chief Executive Officer | PersonTitleTxt |
| Phone | 3345882223 | PhoneNum |
| Signature | 2018-08-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Patrick Cooper | PreparerPersonNm |
| PTIN | P00856177 | PTIN |
| Phone | 3348347660 | PhoneNum |
| Preparation | 2018-08-23 | PreparationDt |
| 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 | Leslie Moreland | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 158 | AddressLine1Txt |
| City | Hartford | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 363440158 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $48,894,362 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.wiregrass.coop | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1939 | FormationYr |
| Legal Domicile State | AL | LegalDomicileStateCd |
| Activity Or Mission | To provide electric utility service to cooperative members. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 73 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $134,980 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $48,226,038 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $47,849,851 | CYProgramServiceRevenueAmt |
| PY Investment Income | $418,259 | PYInvestmentIncomeAmt |
| CY Investment Income | $541,695 | CYInvestmentIncomeAmt |
| PY Other Revenue | $333,913 | PYOtherRevenueAmt |
| CY Other Revenue | $499,423 | CYOtherRevenueAmt |
| PY Total Revenue | $48,978,210 | PYTotalRevenueAmt |
| CY Total Revenue | $48,890,969 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $3,804,826 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $3,374,096 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $787,223 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $836,559 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $44,386,161 | PYOtherExpensesAmt |
| CY Other Expenses | $44,680,314 | CYOtherExpensesAmt |
| PY Total Expenses | $48,978,210 | PYTotalExpensesAmt |
| CY Total Expenses | $48,890,969 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $0 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $115,699,824 | TotalAssetsBOYAmt |
| Total Assets EOY | $115,750,555 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $51,377,934 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $49,218,199 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $64,321,890 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $66,532,356 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Wiregrass Electric Cooperative is a distribution cooperative, providing electricity to its members at cost. Margins are assigned to members each year and returned in the form of capital credit retirements as the cooperative is financially able. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | Utilizing approximately 3,134 miles of electric distribution lines, Wiregrass Electric Cooperative provided 354,556,007 Kilowatt hours of electric energy to over 17,200 consumer-members in Houston and Geneva Counties in Alabama and parts of Dale, Coffee, Henry, and Covington Counties. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 32 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 73 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Members And Shr Gross Income | $46,829,070 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $1,697,456 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | 0 | 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 | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Lisa Lenoir | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3349447127 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 509 N State Hwy 167 | AddressLine1Txt |
| City | Hartford | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 36344 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| John Clark | |||||||
| Trustee - President | 10.00 | Yes (X) | $13,125 | $0 | $0 | ||
| Donna Parrish | |||||||
| Trustee - Vice President | 10.00 | Yes (X) | $12,000 | $0 | $0 | ||
| Debra Baxley | |||||||
| Trustee - Secretary | 10.00 | Yes (X) | $12,750 | $0 | $0 | ||
| Ford Justice | |||||||
| Trustee | 10.00 | Yes (X) | $12,000 | $0 | $0 | ||
| Gregory McCullough | |||||||
| Trustee | 10.00 | Yes (X) | $12,000 | $0 | $0 | ||
| Danny B McNeil | |||||||
| Trustee | 10.00 | Yes (X) | $12,000 | $0 | $0 | ||
| Tracy Reeder | |||||||
| Trustee | 10.00 | Yes (X) | $12,000 | $0 | $0 | ||
| Donald Ray Wilks | |||||||
| Trustee | 9.00 | Yes (X) | $12,000 | $0 | $0 | ||
| David Winstead | |||||||
| Trustee | 10.00 | Yes (X) | $2,400 | $0 | $0 | ||
| Leslie Moreland | |||||||
| Chief Executive Officer | 50.00 | $183,549 | $0 | $62,674 | Yes (X) | ||
| Brad Kimbro | |||||||
| Chief Operating Officer | 50.00 | $151,413 | $0 | $51,344 | Yes (X) | ||
| Jason Thrash | |||||||
| Director of Engineering & | 50.00 | $113,461 | $0 | $42,078 | Yes (X) | ||
| Lisa LeNoir | |||||||
| Chief Finance Officer | 45.00 | $99,332 | $0 | $32,433 | Yes (X) | ||
| Larry Galloway | |||||||
| Manager | 43.00 | $101,186 | $0 | $10,053 | Yes (X) | ||
| Billy Watson | |||||||
| Serviceman | 50.00 | $100,554 | $0 | $35,630 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $849,770 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $234,212 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Associated Diversified Services Inc | |||||
| 2910 Highway 31 NW | Hartselle | AL | 35640 | Work Plan | $862,230 |
| Providence Tree Service | |||||
| PO Box 6084 | Live Oak | FL | 32064 | Right of Way | $580,756 |
| RDA Service Company Inc | |||||
| PO Box 278 | Citronelle | AL | 36522 | Right of Way | $408,789 |
| Osmose Utilities Services | |||||
| Dept 560 PO Box 8000 | Buffalo | NY | 14267 | Pole Inspections | $226,733 |
| Asplundh Tree Expert Co | |||||
| PO Box 532729 | Atlanta | GA | 303532729 | Right of Way | $154,070 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Sales of Electricity | 221000 | $46,829,070 | $46,829,070 |
| Patronage Dividends | 221000 | $1,020,781 | $1,020,781 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $47,849,851 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $545,088 | TotalRevenueColumnAmt |
| Exclusion | $545,088 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $364,443 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $364,443 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $364,443 | TotalRevenueColumnAmt |
| Exclusion | $364,443 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $3,393 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$3,393 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$3,393 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$3,393 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Sanitation Billing Fee | Desc |
| Business | 561000 | BusinessCd |
| Total Revenue Column | $134,980 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $134,980 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $134,980 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $48,890,969 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $47,846,458 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $134,980 | UnrelatedBusinessRevenueAmt |
| Exclusion | $909,531 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,374,096 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $836,559 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,758,150 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,543,904 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| Cost of Power | $29,543,882 |
| Dist Exp - Maintenance | $2,584,729 |
| Dist Exp - Operations | $2,354,484 |
| Customer Accounts Exp | $2,226,917 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,668,248 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,890,969 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,766,047 | BOYAmt |
| EOY | $4,337,198 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,915,708 | BOYAmt |
| EOY | $1,316,243 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,233,587 | BOYAmt |
| EOY | $4,404,577 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $503,914 | BOYAmt |
| EOY | $492,288 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,409,287 | BOYAmt |
| EOY | $1,188,153 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $106,792,100 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $23,568,338 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,819,667 | BOYAmt |
| EOY | $83,223,762 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,051,614 | BOYAmt |
| EOY | $20,788,334 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,699,824 | BOYAmt |
| EOY | $115,750,555 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,428,682 | BOYAmt |
| EOY | $5,507,052 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,818,356 | BOYAmt |
| EOY | $41,556,066 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,130,896 | BOYAmt |
| EOY | $2,155,081 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,377,934 | BOYAmt |
| EOY | $49,218,199 | 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 | $86,135 | BOYAmt |
| EOY | $87,340 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,235,755 | BOYAmt |
| EOY | $66,445,016 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,321,890 | BOYAmt |
| EOY | $66,532,356 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,699,824 | BOYAmt |
| EOY | $115,750,555 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $2,210,466 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $188,554 | OtherCostOrOtherBasisAmt |
| Book Value | $188,554 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,234,593 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,621,417 | DepreciationAmt |
| Book Value | $5,613,176 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $99,368,953 | OtherCostOrOtherBasisAmt |
| Depreciation | $21,946,921 | DepreciationAmt |
| Book Value | $77,422,032 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $83,223,762 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (7 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Investments in economic development projects | $462,734 | C |
| Other Investments | $2,600 | C |
| Patronage Capital - PowerSouth Energy Cooperative | $17,815,315 | C |
| Patronage Capital - Other Associated Organizations | $1,321,748 | C |
| Other Investments in Associated Organizations | $2,000 | C |
| Capital Term Certificates | $1,183,810 | C |
| Special Funds | $127 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $20,788,334 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Consumer deposits | Desc |
| Amt | $2,155,081 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,155,081 | TotalLiabilityAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Leslie Moreland | ||||||||||||||
| Chief Executive Officer | $181,332 | $0 | $0 | $0 | $2,217 | $0 | $42,559 | $0 | $20,115 | $0 | $246,223 | $0 | $0 | $0 |
| Brad Kimbro | ||||||||||||||
| Chief Operating Officer | $151,004 | $0 | $0 | $0 | $409 | $0 | $33,403 | $0 | $17,941 | $0 | $202,757 | $0 | $0 | $0 |
| Jason Thrash | ||||||||||||||
| Director of Engineering & | $113,286 | $0 | $0 | $0 | $175 | $0 | $24,431 | $0 | $17,647 | $0 | $155,539 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 6 | Wiregrass Electric Cooperative is a not-for-profit membership organization whose members have identical voting rights and are assigned margins in accordance with the cooperative's bylaws. |
| Form 990, Part VI, Section A, line 7a | At each annual meeting, trustees are elected by the cooperative membership to succeed those whose terms have expired. |
| Form 990, Part VI, Section A, line 7b | The membership must approve decisions that involve substantial transfers of cooperative assets, amendments to the cooperative's bylaws, as well as other decisions requiring approval of the membership by law, the articles of incorporation, and/or the cooperative's bylaws. |
| Form 990, Part VI, Section B, line 11b | The Form 990 was reviewed by management and the accounting staff at Wiregrass Electric Cooperative before it was provided to the trustees. An electronic or paper copy of the Form 990 was then provided to the trustees prior to filing the form with the Internal Revenue Service. They have ten days to comment on the 990 before filing. |
| Form 990, Part VI, Section B, line 12c | Once per year, each director and key management employee receive a questionnaire to be completed and returned regarding this policy. The CEO makes sure every questionnaire is returned and reviewed every year. If a conflict of interest were to appear, he would address it or bring it to the board to be addressed, depending on the situation. |
| Form 990, Part VI, Section B, line 15 | The board uses annual Compensation Surveys and Studies from the National Rural Electric Cooperative Association to evaluate the CEO's pay. The NRECA surveys more than 800 electric distribution cooperatives each year and publishes the results. AREA also distributes a Wage and Salary survey that is used in the evaluation process. The board also reviews salary of other cooperatives in our area for CEO positions. The entire board reviews the information, deliberates, takes a recorded vote and then delegates to the Controller to implement any approved compensation changes for the CEO. The positions of all other employees are graded based on knowledge, skill and ability needed to perform the job. The co-op previously contracted with a professional wage consultant who helps design, monitor and manage a large number of wage and salary plans for distribution cooperatives throughout the country. In the most recently updated plan the non-union positions graded into 17 pay grades, based on the job, not the person in the job. The union positions are all defined and graded through a negotiation process with union representatives. Union negotiations occur every five years. The CEO and Chief Financial Officer obtain updated wage survey data for each pay grade/position (union and non-union) through NRECA, the various state association surveys, and other published state surveys in Alabama. For non-union employees, each position has a minimum, midpoint and maximum. When a person has the experience, knowledge, skill and ability and soft skills to fully perform the duties of a position, the overall goal is for that person to be at or near the midpoint in the scale. The pay scales are updated annually prior to annual employee evaluations. Each non-union employee is individually evaluated by their supervisor using a template that includes comments on strengths and weakness as well any need for improvement. Based on these written evaluations (merit based), and the supervisors consultation with the CEO, pay adjustments are made annually (within the board approved budget) to move each employee incrementally in the direction of the mid-point of the scale. Union employees are also evaluated annually by their supervisors. Union employees receive step pay increases periodically for up to 6 years when they fill a union position. As they demonstrate the knowledge, skill and ability to perform the position, the step pay increase moves their pay incrementally to the contract level for that job. Cost of living pay adjustments are also made annually for union employees based on the most recently approved contract with the union (within the board approved budget). |
| Form 990, Part VI, Section C, line 19 | These documents are available upon request at the cooperative's main office in Hartford, Alabama. Also, the governing documents are posted on the company's website- www.wiregrass.coop |
| 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. Wiregrass Electric Cooperative has interpreted the words "patronage dividends paid" in the instructions to mean margins that are assigned or assignable to the members. Wiregrass Electric 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. |
| Form 990, Part XI, line 9: | Change in Memberships 1,205. Retirement of Capital Credits -1,637,750. Gain on Retirement of Capital Credits 472,915. Assignment of net margins to members 3,374,096. |
| Form 990, Part XII, Line 2 | Wiregrass Electric Cooperative's financial statement year end differs from its tax year end. The cooperative receives audited financial statements on an annual basis for the year ended April 30th. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wiregrass Electric Cooperative Inc Charitable Foundation Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 509 N State Highway 167 | AddressLine1Txt |
| City | Hartford | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 36344 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 474759456 | EIN |
| Primary Activities | Provides Financial Assistance | PrimaryActivitiesTxt |
| Legal Domicile State | AL | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | Line 7 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wiregrass Electric Cooperative Inc Charitable Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | R | TransactionTypeTxt |
| Involved | $116,173 | InvolvedAmt |
| Method Of Amount Determination | Cash-Operation Round-up | MethodOfAmountDeterminationTxt |