2018-08-31T17:22:12-07:00 2017-12-31 273625988 Goff & Herrington PC PO Box 153320 Lufkin TX 75915 990 2017-01-01 742124046 Sam Rayburn G&T Electric Cooperative Inc SAMR 9365609532 Po Box 631623 Nacogdoches TX 75963 Carrie Hawkins CFO 2018-08-31 true Ronnie Herrington CPA P00028527 9368753317 2017 2022-09-23 18:48:47Z X 132151576 false false X N/A X 1979 TX Sale of wholesale power to its three members on a cooperative basis. X 9 9 0 0 0 138868909 132054509 72125 97067 0 138941034 132151576 0 3003000 77000 77000 0 0 134465491 130489320 134542491 133569320 4398543 -1417744 104118702 0 31138844 0 72979858 0 Sale of wholesale power to its three members on a cooperative basis. false false Provides wholesale power to its three member distribution cooperatives, who each provide power to their respective retail members. false false false false false false false false false true true true false false true true false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false true 8 0 true 0 false false false false false false false false false false 127967621 4183955 false false false X 9 9 false false false false true true true true true false false true true true true true true false false false X Carrie Hawkins 9365609532 2905 Westward Dr Nacogdoches TX 759631623 William Emmons Director 5.00 0.00 X 13000 0 0 Kathi Calvert Secretary 1.00 0.00 X X 0 0 0 Kennon Kellum Director 3.00 0.00 X 12000 0 0 Paul Simmons Director 6.00 0.00 X 13000 0 0 Mark Tamplin VP/Director 1.00 0.00 X X 0 0 0 Don Boyett Director 4.00 0.00 X 13000 0 0 Henry Biscamp Director 1.00 0.00 X 13000 0 0 Kyle Kuntz President 5.00 0.00 X X 0 0 0 W Ernie Miles Treasurer 5.00 0.00 X X 13000 0 0 77000 0 false false false Holland & Knight LLP 800 17th St NW Suite 1100 Washington DC 20006 Legal Services 446600 GDS Associates 1850 Parkway Place Suite 800 Marietta GA 30067 Engineer Consultants 351054 2 0 Electric Energy 221000 127967621 127967621 G&T Capital Credits 221000 4031495 4031495 Patronage Capital Credits 221000 55393 55393 132054509 97067 97067 0 0 0 0 0 0 0 0 132151576 132054509 97067 0 0 0 3003000 77000 0 0 0 0 0 179474 444437 89616 0 0 0 353345 0 2429 0 0 0 5702 0 0 1285530 0 2085041 20539 Purchased Power 109974006 Fuel-Nelson #6 6744358 Load Dispatching 5624910 Power Generation Expense 3574518 105415 133569320 0 0 0 290754 55012 5039876 896806 0 23652564 20953947 0 0 0 3022220 1777683 698579 4429 82235154 60903574 22381964 21331580 0 1580595 1164279 47452150 51802817 0 -97986553 104118702 0 12649026 11741839 14603636 14673113 3886182 -26414952 31138844 0 X 3000 72976858 72979858 0 104118702 0 X -1417744 -2088 -71560026 X false true X true false 209226 116182 93044 82024736 60786200 21238536 1192 1192 21331580 1164279 51802817 deferred fuel charges 11575 Liabilities distributed due to merger -26426527 -26414952 X 132151576 132151576 132151576 130566320 130566320 3003000 3003000 133569320 Part X : FIN48 Footnote The Financial Accounting Standards Board FASB Codification Section 740 requires recognition, measurement and disclosure of uncertain tax positions. The Cooperative currently accounts for uncertain tax positions based on the estimated likelihood of assessment and has not determined that any tax positions require an accrual based on current standards of accounting. For federal income tax purposes the tax returns essentially remain open for possible examination for a period of three years after the date on which those returns are filed. Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Patronage Capital Retired $3000000 Memberships Retired $3000 Cash 2018-01-01 55012 Cost 752187855 2905 Westward Dr Nacogdoches TX 759631623 501(c)(12) Savings and temporary cash investments 2018-01-01 896806 Cost 752187855 2905 Westward Dr Nacogdoches TX 759631623 501(c)(12) Accounts Receivable 2018-01-01 20953947 Book value 752187855 2905 Westward Dr Nacogdoches TX 759631623 501(c)(12) Inventories 2018-01-01 1777683 Book value 752187855 2905 Westward Dr Nacogdoches TX 759631623 501(c)(12) Prepaid expenses 2018-01-01 4429 Book value 752187855 2905 Westward Dr Nacogdoches TX 759631623 501(c)(12) Property, plant and equipment 2018-01-01 82235154 Original cost 752187855 2905 Westward Dr Nacogdoches TX 759631623 501(c)(12) Investments - other securities 2018-01-01 1164279 Market value 752187855 2905 Westward Dr Nacogdoches TX 759631623 501(c)(12) Investments - program related 2018-01-01 51802817 Book value 752187855 2905 Westward Dr Nacogdoches TX 759631623 501(c)(12) false false false true true true true true false false Part I & 2, Line 2e - Name and Explanation for Involvement in Successor William Emmons, Kennon Kellum, Henry Biscamp and Paul Simmons will fill the role of Advisory Directors for East Texas Electric Cooperative, Inc., the successor organization. They will not have voting rights as their role is to provide guidance and counsel as needed. For those services they will be compensated. Client Note 1 Client Note 1 - The Other assets reported on Form 990, page 11, line 15 for the current year in the amount of -97,986,553 represent the assets of the organization distributed due to the merger with East Texas Electric Cooperative, Inc. Client Note 2 Client Note 2 - SCHEDULE D, PART XII, LINE 4(B) - PATRONAGE CAPITAL RETIRED - THECOOPERATIVE PAID $3,003,000 TO ITS MEMBERS IN 2017. RETIRED PATRONAGE ISNOT AN EXPENSE FOR FINANCIAL STATEMENT PURPOSES; HOWEVER, IT IS REPORTEDON LINE 4, PART IX "STATEMENT OF FUNCTIONAL EXPENSES" AS REQUIRED BY IRSINSTRUCTIONS. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Members consist of three 501(C)(12) tax-exempt distribution cooperatives - Sam Houston Electric Cooperative, Jasper-Newton Electric Cooperative, and Houston County Electric Cooperative. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Each of the three respective members appoints representation to the governing body of the organization consisting of the General Manager of each member and 2 directors. This governing body then represents each member. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders The governing body with representation from each member cooperative has the authority to approve decisions and govern the organization. Form 990, Part VI, Line 11b: Form 990 Review Process The Board of Directors determines whether the Form 990 will be reviewed by all directors, an existing committee, or a special committee appointed for such purpose prior to filing. Once the return is completed, it is provided to the directors or the committee responsible for reviewing. Employees of the cooperative responsible for filing are available to respond to questions or provide background as needed. Once the directors responsible for reviewing the Form 990 are satisfied it is complete and accurate, the return is filed. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Annually each Director must complete and sign a conflict of interest statement disclosing any known conflicts of interest. If any potential conflicts are noted, the Governing Body is notified, reviews, and is responsible for enforcing the policy. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The cooperative's governing documents, conflicts of interest policy and financial statements are available to the public by submitting a written request to the cooperative. Other Changes In Net Assets Or Fund Balances - Other Decreases Net assets distributed due to merger = -$71560026