2018-09-25T16:11:14-04:00 2018-06-30 621651321 INGRAM OVERHOLT & BEAN PC 428 MARILYN LANE ALCOA TN 37701 990 2017-07-01 620204106 FORT LOUDOUN ELECTRIC COOPERATIVE FORT 8773532674 PO BOX 1030 VONORE TN 37885 MICHAEL C WEBB CFO 4238842049 2018-08-27 true T MARK LUND P00533089 8659841040 2018-08-27 2017 2022-09-23 18:48:47Z LEWIS JONES 70775584 false X WWW.FLEC.ORG X COOPERATIVE 1940 TN PROVIDE ELECTRICITY TO RURAL AREAS OF MONROE, LOUDON AND BLOUNT COUNTIES IN EAST TENNESSEE. 8 8 88 0 0 67993807 70174867 400397 511937 78500 88780 68472704 70775584 0 0 0 0 0 65594833 68201799 65594833 68201799 2877871 2573785 100385875 101416490 24867192 23225062 75518683 78191428 PROVIDE ELECTRICITY TO RURAL AREAS OF MONROE, LOUDON AND BLOUNT COUNTIES IN EAST TENNESSEE. false false PROVIDE ELECTRICITY TO RURAL AREAS OF MONROE, LOUDON AND BLOUNT COUNTIES IN EAST TENNESSEE. false false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 41 0 88 true false false false false false 68673742 2101842 false X 8 8 false false false false true true true true true false false true true false false true true true true false X MICHAEL C WEBB 8773532674 116 TELLICO PORT RD VONORE TN 37885 LEWIS JONES PRESIDENT 2.00 0.00 X X 12275 0 0 SHIRLEY HALL BOARD MEMBER 2.00 0.00 X 10475 0 0 JAMES PUGH BOARD MEMBER 2.00 0.00 X 10175 0 0 JOHN LOOPE VICE PRESIDE 2.00 0.00 X X 8225 0 0 D C BAREFIELD BOARD MEMBER 2.00 0.00 X 8075 0 0 ANGELA TALLENT SECRETARY/TR 2.00 0.00 X X 7025 0 0 VERNON DAVIS BOARD MEMBER 2.00 0.00 X 6875 0 0 DOUG MCJUNKIN BOARD MEMBER 2.00 0.00 X 5643 0 0 MICHAEL WIGGINS BOARD MEMBER 2.00 0.00 X 1831 0 0 JARROD BRACKETT CEO 55.00 0.00 X 146357 0 36361 CHAD KIRKPATRICK VP OPERATION 50.00 0.00 X 120113 0 34747 MICHAEL C WEBB CFO 50.00 0.00 X 118983 0 33893 LISA LINGERFELT VP OF HUMAN 50.00 0.00 X 88161 0 29909 ANTHONY SCHAFFER SPVR/CORR - 54.00 0.00 X 141139 0 30487 685352 165397 4 false true false STRICKLAN TREE SERVICE 504 STINNETT RD MADISONVILLE TN 37354 TREE CUTTING 1656087 BRIAN CODA 798 JONES DR GREENBACK TN 37742 UNDERGROUND INS 498480 WOLF TREE 1500 NORTH MANTUA ST KENT OH 44240 TREE CUTTING 112482 SOUTHEAST WOODLAND SERVICES 431 CAINES LANDING RD CONWAY SC 29526 RIGHT OF WAY SP 110466 MCCLURES COMMUNICATION 1404 ROWLAND RD MARBLE NC 28905 FIBER CONNECT 107348 5 ELECTRIC SALES REVENUE 67822159 67822159 RENT FROM ELECTRIC PROPERTY 1442596 1442596 REVENUE FROM LATE PAYMENTS 426178 426178 REVENUE FROM METER SET 425405 425405 MISCELLANEOUS 58529 58529 70174867 511937 511937 FIBER OPTIC ACCESS RENTAL 88780 88780 88780 70775584 68732271 2043313 616683 4662499 POWER COSTS 51881346 MAINT - OVERHEAD LINES 3150495 DISTRIBUTION - GENERAL 1675238 ADMIN - SALARIES 1462661 4752877 68201799 0 0 0 430942 601549 12195863 13418652 3631541 4149376 2144122 1584910 1157653 1257480 156868 449420 129182359 54533655 75426226 74648704 967019 999833 4275641 4306566 100385875 101416490 7429311 8109750 8992228 7585193 8445653 7530119 24867192 23225062 X 75518683 78191428 75518683 78191428 100385875 101416490 2573785 98960 X false true X true false 790574 790574 2915455 571603 2343852 116978692 48273041 68705651 8190739 5689011 2501728 306899 306899 74648704 CUSTOMER DEPOSITS 1967215 ADVANCES FROM TVA 1577110 ACCRUED POST EMPLOYMENT BENEFITS 1465000 REFUNDABLE CONSTRUCTION ADVANCES 1301000 ACCRUED VACATION 572903 ACCRUED TAXES 384597 MEMBERSHIPA 160810 OTHER LIABILITIES 101484 7530119 70775584 70775584 70775584 68201799 68201799 68201799 false false false JARROD BRACKETT CEO 146357 36361 182718 CHAD KIRKPATRICK VP OPERATIONS 120113 34747 154860 MICHAEL C WEBB CFO 118983 33893 152876 ANTHONY SCHAFFER SPVR/CORR - ENG SERV 141139 30487 171626 FORM 990, PAGE 6, PART VI, LINE 6 THE COOPORATIVE IS A MEMBERSHIP ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 7A ELECTIONS ARE HELD EACH YEAR IN WHICH THE MEMBERS ELECT THE GOVERNING BOARD. THE ELECTED OFFICIAL SERVES FOR A THREE YEAR TERM. TERMS ARE STAGGERED SO THAT EITHER TWO OR THREE MEMBERS ARE ELECTED EACH YEAR. THE SERVICE AREA OF THE UTILITY IS DIVIDED INTO DISTRICTS, EACH OF THE EIGHT DISTRICTS ELECTING ONE REPRESENTATIVE TO SERVE THE MEMBERS IN THAT DISTRICT. FORM 990, PAGE 6, PART VI, LINE 7B CHANGES TO THE BYLAWS APPROVED BY THE BOARD OF DIRECTORS MUST THEN BE RATIFIED BY THE ORGANIZATION'S MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. A DRAFT IS PROVIDED TO THE ORGANIZATION'S ACCOUNTING STAFF AND CEO FOR REVIEW. UPON FINAL APPROVAL OF THE CEO AND ACCOUNTING STAFF, THE FINAL RETURN IS PRESENTED TO THE GOVERNING BODY WHO APPROVES THE 990 FOR FILING. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION USES FEDERAL, STATE AND REGIONAL COMPARABILITY DATA TO DETERMINE COMPENSATION FOR THE CEO. THE CEO'S COMPENSATION IS THEN SET AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B FEDERAL, STATE AND REGIONAL COMPARABILITY DATA IS USED TO ESTABLISH COMPENSATION FOR KEY AND OTHER EMPLOYEES. THE CEO APPROVES ALL COMPENSATION WHICH IS USED TO PREPARE THE ORGANIZATION'S ANNUAL BUDGET. THE BUDGET IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 NEW MEMBERS ARE PROVIDED WITH A COPY OF THE BYLAWS OF THE ORGANIZATION. IN ADDITION, ANY MEMBER MAY REQUEST A COPY OF THE BYLAWS AT ANY TIME. OTHER POLICY STATEMENTS, FINANCIAL STATEMENTS, OR OTHER DOCUMENTS CAN BE REQUESTED FROM THE ORGANIZATION'S CEO AND IS RELEASED AT THE APPROVAL OF THE CEO. FORM 990, PART XI, LINE 9 OTHER COMPREHENSICE INCOME: 0 AMORTIZATION OF ACTUARIAL LOSS 15,700 ACTUAL GAIN ON POST EMPLOYMENT BENEFITS 83,260 TOTAL 98,960