2018-04-11T14:41:08-07:00 2017-12-31 351877201 ALAN ZUMSTEIN 1032 CHETFORD DRIVE LEXINGTON KY 40509 990 2017-01-01 610133681 Big Sandy Rural Electric Cooperative Corporation BIGS 6067894095 504 11th Street Paintsville KY 41240 Bobby Sexton President/Gen Mgr 2018-04-11 false Alan Zumstein P00641130 8592647147 X 2017 2021-01-29 14:40:06Z 23758724 false false X www.bigsandyrecc.com X 1936 KY Provide electric service to member owners on a patronage basis. Serve an average of approximately 13,200 consumers monthly. 7 6 42 0 0 24036771 22526252 173286 174438 1252566 1058034 25462623 23758724 0 1197455 137453 3827757 3986116 0 0 20437411 19635155 25462623 23758724 0 53326837 54430379 28957211 29820344 24369626 24610035 Provide electric service to member owners on a patronage basis. Serve an average of approximately 13,200 consumers monthly. false false 23621271 Provide electric service to member owners on a patronage basis. Serve an average of approximately 13,200 consumers monthly. 23621271 false false false false false false false false false true false true 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 false false false false 19 0 true 42 true false false false false false false false false false 22526252 636689 false false false X 7 6 false false false false true true true true true false false true true true true true true true true false X Sandra Shepherd Office Mgr 6067894095 504 11th Street Paintsville KY 41240 Velma May Director 4.00 0.00 X 5308 0 0 Danny Wallen Chairman 4.00 0.00 X X 10128 0 0 George Spriggs Director 4.00 0.00 X 5441 0 0 Greg Davis Vice Chairman 4.00 0.00 X X 10504 0 0 William Maxey Director 4.00 0.00 X 18838 0 0 Robert Moore Director 4.00 0.00 X 11831 0 0 Kelly Shepherd Sec/Treas 4.00 0.00 X X 9751 0 0 David Estepp Fmr President & CEO 40.00 0.00 X 220137 0 41731 Bobby Sexton President/CEO 40.00 0.00 X 71348 0 7275 John Harrison Supervisor 60.00 0.00 X 105376 0 22364 468662 71370 2 false true false WA Kendall & Company PO Box 381 Lawrenceville GA 30046 ROW clearing 119054 R & H Contracting LLC 33 Lafferty Branch Presonsburg KY 41635 ROW clearing 411165 Progressive Solutions PO Box 1130 Marshall AR 72650 ROW clearing 131534 3 0 Electric revenue 221000 22526252 22526252 22526252 174438 174438 0 0 0 0 0 0 0 G&T capital credits 221000 595783 595783 Joint use pole attachment 221000 384996 384996 Patronage capital credits 221000 63783 63783 13472 13472 1058034 23758724 22526252 1232472 0 0 0 137453 137453 363286 363286 0 2256948 2256948 404868 404868 766883 766883 194131 194131 0 110967 110967 33760 33760 0 0 0 0 0 0 0 0 0 0 0 0 770943 770943 0 2340042 2340042 186473 186473 Cost of power 15297334 15297334 Distribution - maintenance 1640467 1640467 Administrative and general 1520550 1520550 Distribution - operations 1055596 1055596 -3320977 -3320977 23758724 23758724 0 0 451012 917392 0 0 3700810 3605947 0 0 0 275659 266120 40431 33219 53992688 20660636 33210099 33332052 0 0 15648826 16275649 0 0 53326837 54430379 2236940 2570791 22111765 22671929 4608506 4577624 28957211 29820344 X 227285 226470 -1738605 -2105753 25880946 26489318 24369626 24610035 53326837 54430379 X 0 240409 X false true X true false 53992688 20660636 33332052 33332052 16275649 Accrued expenses 386730 Accumulated postretirement benefits 3575297 Consumer advances for construction 8348 Customer deposits 607249 4577624 23758724 23758724 23758724 23758724 23758724 23758724 true X X false false false David Estepp Fmr President & CEO 220137 41731 261868 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Must be a member to receive electric service. Each member has 1 vote. May have more than 1 service per membership. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Nominating committee meets every year to select a member to run for director. Member may run for director with petition signed by 75 or more eligible members. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Articles of Incorporation can only be changed by a majority of membership. By-Laws may be altered, amended, or repealed by the Board of Directors at any regular or special Board meeting, provided, that the notice of the meeting, shall have contained a copy of the proposed alteration, amendment, or repeal. Form 990, Part VI, Line 11b: Form 990 Review Process Directors are furnished a draft copy of the 990 prior to filing. May make inquiries of, and changes to, information contained in the filing. Additionally, directors meet with the independent auditor and are able to ask questions at that time. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Directors and key employees annually complete questionnaire on family and business relationships. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees 15a & b. Board of Directors review and approve compensation of key employees and other non-union employees using data provided by state and national organization surveys of electric cooperatives.15b. Remaining employees compensation is negotiated through a union contract. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available No documents available to the public. Other Changes In Net Assets Or Fund Balances - Other Increases Comprehensive income-postretirement ben = $147816 Other Changes In Net Assets Or Fund Balances - Other Increases Margins allocated to members = $137453 Other Changes In Net Assets Or Fund Balances - Other Decreases Memberships issued, net = -$815 Other Changes In Net Assets Or Fund Balances - Other Increases Other equities = $16088 Other Changes In Net Assets Or Fund Balances - Other Decreases Refunds of capital credits = -$60133 Form 990, Part IX, Line 4 - Benefits paid to or for members Represents patronage capital allocated to members in accordance with the bylaws of the Cooperative. This reporting results in a difference between book income and income reported on the Form 990 by the same amount.