2018-08-31T10:34:07-07:00 2017-12-31 990 2017-01-01 370259803 EGYPTIAN ELECTRIC COOPERATIVE ASSOCIATION EGYP 8006061505 1732 FINNEY ROAD Murphysboro IL 62966 Shane Hermetz EVP/General Manager 8006061505 2018-10-15 2017 2022-09-23 18:48:47Z Shane Hermetz 1732 Finney Road Murphysboro IL 62966 40931708 0 X www.eeca.coop X 1938 IL To provide electric services to approximately 15,000 member/owners in a ten county area of Southern Illinois since its founding in 1938. 9 9 41 0 0 0 0 0 38853654 39355402 59521 36596 1668848 1539710 40582023 40931708 5000 6000 0 0 4267042 4193205 0 0 0 35496501 35377884 39768543 39577089 813480 1354619 77177831 93400048 38207914 50300081 38969917 43099967 To provide electric services to approximately 15,000 member/owners in a ten county area of Southern Illinois since its founding in 1938. 0 0 34912330 6000 40931708 Egyptian Electric Cooperative Association is an electric distribution cooperative whose primary mission is to provide reliable and cost effective electric service to approximately 15,000 member/owners in six Southern Illinois counties. The revenue generated from the sale of electricity to its members is used primarily to purchase wholesale power from Southern Illinois Power Cooperative, a generation and transmission cooperative, and to provide the necessary distribution and general plant facilities to distribute that electricity to its members and maintain those facilities and service support systems. 0 0 0 34912330 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 29 0 1 41 1 0 0 0 0 0 39355402 84681 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X Gretchen M Bame 8006061505 1732 Finney Road Murphysboro IL 62966 Allen Haake Director 4.07 0 X 8000 0 0 Gilbert Kroening Director 4.76 0 X 6250 0 0 Kenneth Jarrett Director 6.91 0 X 8500 0 0 Larry Ebers Director 2.91 0 X 5250 0 0 Paul Hicks Director 2.37 0 X 3000 0 21445 Paul Pyatt Director 2.73 0 X 5500 0 0 Randall Campbell Director 2.32 0 X 5000 0 0 Steven Prest Director 5.37 0 X 6650 0 0 Kevin Liefer Director 2.41 0 X 3150 0 21445 Arthur Pontow Finance Manager/Office Manager 50 0 X 97501 0 50697 James Riddle Executive Vice President/General Manager 65 0 X 266557 0 45614 Michael Hermetz Executive Vice President/General Manager 65 0 X 139246 0 84211 Dennis Luehr Finance Manager 50 0 X 87934 0 50436 James Grothaus Operations Manager 55 0 X 118703 0 113108 William Korando Maintenance Lineman 40 0 X 113785 0 59472 Cody Lee Journeyman Lineman 40 0 X 113492 0 31084 Andrew Ahner Line Foreman 40 0 X 111535 0 44041 Bryan Diercks Maintenance Lineman 40 0 X 111462 0 64947 1211515 0 586500 14 0 1 0 MVMA Inc PO Box 247 West Frankfort IL 62896 Tree Trimming 1363361 MVMA Electric Co Inc PO Box 247 West Frankfort IL 62896 Electrical Construction 851448 Samron Midwest Contracting Inc 1510 North 7th Street Murphysboro IL 62966 Building Construction 8819101 Association of Illinois Electric Cooperatives PO Box 3787 Springfield IL 62708 Engineering/Training 287112 NISC PO Box 728 Mandan ND 58554 Information Sys Technology 339093 6 0 Electric Sales 221000 39034401 39034401 0 0 Other Sales 221000 321001 321001 0 0 0 0 0 0 39355402 36596 0 0 36596 0 0 0 0 0 0 0 0 0 0 0 0 G & T Capital Credits 221000 1398370 1398370 0 0 Other Capital Credits 221000 93255 93255 0 0 Other Income 221000 48085 48085 0 0 0 0 0 0 1539710 40931708 40895112 0 36596 X 6000 1004986 1570181 1618038 26488 11200 39139 42736 86479 19781 898440 2875479 Cost of Purchased Power 27799264 Distribution Maintenance 2376729 Admin & General Expenses 1083802 Distribution Operations 118347 39577089 0 0 0 514900 653549 452613 667779 637355 478469 1805483 2912661 94758625 31385342 53517857 63373283 20249623 21701004 3613303 77177831 93400048 4705898 3949062 26137953 37822108 7364063 8528911 38207914 50300081 X 0 0 6625 6625 38963292 43093342 38969917 43099967 77177831 93400048 X 1354619 0 0 0 3390678 -615247 X 0 1 X 1 0 706003 0 706003 9885504 0 74526 9810978 0 0 0 0 0 0 0 0 84167118 0 31310816 52856302 63373283 Patronage Capital - Associated Organizations 20712180 C Subordinated Certificates - CFC 988824 C 21701004 Accumulated Post Retirement Obligation 7869148 Consumer Deposits 573696 Deferred Ameren WDS Refund 86067 8528911 X 39355402 0 0 0 0 0 39355402 1576306 0 1576306 40931708 39577089 0 0 0 0 0 39577089 0 0 0 39577089 Schedule D, Part X, Line 2 The following is the text of the footnote as it appears in the Financial Statements and Independent Auditor's Report of Egyptian Electric Cooperative Association. "There were no uncertain tax benefits or liabilities identified and recorded as of December 31, 2017." Schedule D, Part XI, Line 4b 1) Other Revenues: Interest Income - 36,596, Capital Credits - 1,491,625, Other Revenue - 48,085, Total - 1,576,306 1 Scholarships 6 6000 Schedule I, Part I, Line 2 Scholarship applicants must complete and submit a scholarship application and be in attendance at the Egyptian Electric Cooperative's annual meeting to qualify for the scholarship drawing. Successful applicants must prove enrollment in an accredited two or four-year college, university or vocational school for the upcoming fall term to receive the scholarship. 0 0 0 James Riddle Executive Vice President/General Manager 266149 0 0 0 408 0 19072 0 26542 0 312171 0 0 0 Michael Hermetz Executive Vice President/General Manager 138523 0 0 0 723 0 51867 0 32343 0 223456 0 0 0 James Grothaus Operations Manager 118034 0 0 0 669 0 78590 0 34518 0 231811 0 0 0 William Korando Maintenance Lineman 113785 0 0 0 0 0 42635 0 16837 0 173257 0 0 0 Andrew Ahner Line Foreman 111535 0 0 0 0 0 27807 0 16234 0 155576 0 0 0 Bryan Diercks Maintenance Lineman 111462 0 0 0 0 0 47853 0 17094 0 176409 0 0 0 Form 990, Part VI, Section A, Line 6 Members have the right to participate in the organization's governance and to receive capital credit distributions of income from the organization. Form 990, Part VI, Section A, Line 7a An annual board meeting is held at which the organization's members are allowed to vote for members of the governing body. Form 990, Part VI, Section B, Line 11b Management emails a copy of this Form 990 to each board member for their review prior to its subsequent filing. Form 990, Part VI, Section B, Line 12c EECA reviews policy compliance annually with legal counsel. Conflicts of interest issues are reviewed on a case by case basis. Form 990, Part VI, Section B, Line 15 The board holds a meeting to determine top management's compensation. They review a statewide compensation survey as a guide in determining compensation. Form 990, Part VI, Section C, Line 19 All of EECA's governing documents, conflicts of interest policy and financial statements are made available to the public upon request. Form 990, Part IX, Line 4 Egyptian Electric Cooperative Association interprets "patronage dividends paid" as patronage capital allocable from current year margins of the cooperative pursuant to its bylaws. Patronage capital allocable to members at December 31, 2017 and reportable on the Statement of Functional Expenses of this Form 990 appears on the books of Egyptian Electric Cooperative Association as net assets as required by accounting principles generally accepted in the United States. Form 990, Part XI, Line 9 Abandoned Capital Credits (after 1953) - (317), Discount-Retired Capital Credit (Estates) - 35,720, Unclaimed Capital Credits Retired - 134,640, Patron's Capital Credits - 767,046, Patronage Capital Assignable - (1,552,336), Total Other Changes in Net Assets - (615,247)