2018-03-21T08:20:17-07:00 2017-12-31 741194944 Bumgardner Morrison & Company LLP 1501 E MOCKINGBIRD LN STE 300 Victoria TX 77903 990 2017-01-01 740964933 VICTORIA ELECTRIC COOPERATIVE INC VICT 3615732428 PO BOX 2178 VICTORIA TX 77902 BLAINE B WARZECHA GENERAL MANAGER 2018-03-21 true JEROME G KOTZUR CPA P00047018 3615750271 2017 2022-09-23 18:48:47Z WARZECHA BLAINE B 2007 LA SALLE ROAD INEZ TX 779684813 18457428 false false X WWW.VICTORIAELECTRIC.COOP X 1938 TX VICTORIA ELECTRIC COOPERATIVE PROVIDED ELECTRIC DISTRIBUTION UTILITY SERVICE TO AN AVERAGE OF 15,955 MEMBER-OWNERS DURING 2017. THE COOPERATIVE OPERATED 2,972.2 MILES OF ENERGIZED LINES ACROSS SIX (6) COUNTIES IN THE TEXAS MID-COAST REGION INCLUDING TWO OUT-MIGRATION COUNTIES. THE COOPERATIVE PROVIDED MEMBER-OWNERS ELECTRIC POWER AT COST EQUALING TO APPROXIMATELY A 10-20% SAVINGS FROM OPEN MARKET PRICING. THE COOPERATIVE COMMUNICATES TO THE MEMBER-OWNERS PRIMARILY THROUGH A "LOCAL PAGEX INSERT IN THE TEXAS COOP POWER MAGAZINE. 10 10 80 0 0 15524839 15965737 126429 149919 2276941 2341772 17928209 18457428 0 4578912 1126770 3929204 4037823 0 0 9420093 13292835 17928209 18457428 0 126059430 133409091 57318088 63540019 68741342 69869072 VICTORIA ELECTRIC COOPERATIVE PROVIDED ELECTRIC DISTRIBUTION UTILITY SERVICE TO AN AVERAGE OF 15,955 MEMBER-OWNERS DURING 2017. THE COOPERATIVE OPERATED 2,972.2 MILES OF ENERGIZED LINES ACROSS SIX (6) COUNTIES IN THE TEXAS MID-COAST REGION INCLUDING TWO OUT-MIGRATION COUNTIES. THE COOPERATIVE PROVIDED MEMBER-OWNERS ELECTRIC POWER AT COST EQUALING TO APPROXIMATELY A 10-20% SAVINGS FROM OPEN MARKET PRICING. THE COOPERATIVE COMMUNICATES TO THE MEMBER-OWNERS PRIMARILY THROUGH A "LOCAL PAGEX INSERT IN THE TEXAS COOP POWER MAGAZINE. false false THE COOPERATIVE PROVIDES ELECTRIC DISTRIBUTION UTILITY SERVICES TO CUSTOMERS ACROSS SIX COUNTIES IN THE TEXAS MID-COAST REGION. false false false false false false false false false true false false true 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 false false false true 17 0 false 80 true false false false false false false false false false 14965737 false false false X 10 10 false false false false true true false true true false false true true true true true true true false false X VICTORIA ELECTRIC COOPERATIVE 3615732428 5502 US HWY 59 NORTH VICTORIA TX 77905 WEHMEYER DONALD K BOARD PRESIDENT 7.00 0.00 X X 23720 0 0 SMITH RONALD E board vp 2.50 0.00 X X 24154 0 0 BECK JOHN W DVM DIRECTOR 2.00 0.00 X 15661 0 0 RUSCHHAUPT TREY ASST SECR/TREAS 1.00 0.00 X X 20080 0 0 MARAGGIA MICHAEL Director 5.50 0.00 X 21273 0 0 BRANDL RAYMOND E JR DIRECTOR 1.70 0.00 X 20080 0 0 ADAMS TODD Director 2.00 0.00 X 21510 0 0 JANK ALLEN L DIRECTOR 3.00 0.00 X 17809 0 0 BONAR BOB Director 7.00 0.00 X 19900 0 0 BOYD TAMMIE secretary/treas 15.00 0.00 X X 24524 0 0 WARZECHA BLAINE B GENERAL MANAGER 59.00 0.00 X 192199 0 50444 DAVID WAYNE NERADA LINE FOREMAN 53.50 0.00 X 125671 0 34523 ESIQUIO YBARRA CREW FOREMAN 54.00 0.00 X 110149 0 20230 RUSTY ROBERTSON SERVICE LINEMAN 54.00 0.00 X 109169 0 24051 JESSICA GRAY FIN. SERV. MANAGER 50.00 0.00 X 107270 0 27345 LADDY BROWN OPERATIONS MANAGER 51.00 0.00 X 106480 0 35436 959649 192029 6 false true false WEAVER & JACOBS CONSTR INC 301 COOPERATIVE WAY CUERO TX 77954 CONSTRUCTION 3699755 SPARKS ENERGY INC 1370 KIRBY BRIDGE RD DANVILLE AL 35619 CONSTRUCTION 4113032 SENDERO POWER LINE CONST PO BOX 2209 VICTORIA TX 77902 CONSTRUCTION 1628269 MCCOY TREE SURGEY PO BOX 720342 NORMAN OK 73072 TREE TRIMMING 555680 NELSON TREE SERVICE INC 350 E DEVON AVENUE ITASCA IL 60143 TREE TRIMMING 353955 5 0 SALE OF ELECTRICITY 221000 15965737 15965737 15965737 149919 149919 0 0 0 0 0 0 0 CAPITAL CREDITS 221000 2286533 2286533 MISCELLANEOUS REVENUE 221000 55239 55239 2341772 18457428 18307509 149919 0 0 0 1126770 451354 0 1939641 620706 811572 214550 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1930167 0 3623821 0 OPERATION & MAINTENANCE 5436066 ADMINISTRATIVE & GENERAL 1440730 PROPERTY TAXES 486895 CONSUMER ACCOUNTS 320796 54360 18457428 0 0 0 12037213 6670362 0 0 2414329 3246489 0 0 0 919295 1289455 936377 846229 119063774 34321949 75264543 84741825 0 0 0 0 34487673 36614731 126059430 133409091 2110179 5826120 48623764 54166859 6584145 3547040 57318088 63540019 X 78815 79775 64083614 68662527 4578913 1126770 68741342 69869072 126059430 133409091 X 0 1127730 X false true X true false 617818 617818 13386952 1323422 12063530 65414862 32934764 32480098 39644142 63763 39580379 84741825 CFC CAPITAL TERM CERT 574729 COBANK 398659 NEC 10439 NRTC 18426 NRUCFC 187912 OTHER ASSETS 2150 SEDC 70515 SOUTH TEXAS ELECTRIC COOP 34902844 TEXAS ELECTRIC COOPS 449057 36614731 CONS DEPOSITS & OTHER CURRENT/ACCRUED 3547040 3547040 49654463 31197035 31197035 18457428 18457428 48527693 31197035 31197035 17330658 1126770 1126770 18457428 Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 COST OF ELECTRICITY $31197035 Part XII, Line 2d: Other expenses and losses per audited F/S COST OF ELECTRICITY $31197035 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S CAPITAL CREDITS RETIRED $0 INCREASE IN MEMBERSHIP CAPITAL $0 PATRONAGE DIVIDENDS ALLOCATED TO MEMBERS $1126770 X true true X false false false DAVID WAYNE NERADA LINE FOREMAN 125671 18417 16106 160194 WARZECHA BLAINE B GENERAL MANAGER 192199 34338 16106 242643 Part I, Line 1a: Relevant information in regards to selections on 1a. Form 990, Part VI, Line 11b: Form 990 Review Process The form 990 was provided to the board for review and approval. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The board reviewed the annual policy and questionnaire for any conflict of interest. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE BOARD USES A THIRD PARTY SURVEY FROM NRECA TO ASSIST IN DETERINING COMPENSATION FOR THE GENERAL MANAGER. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. Other Changes In Net Assets Or Fund Balances - Other Increases INCREASE IN MEMBERSHIP CAPITAL = $960 Other Changes In Net Assets Or Fund Balances - Other Increases PATRONAGE DIVIDENDS ALLOCATED TO MEMBERS = $1126770