2018-10-15T10:18:41-05:00 2017-12-31 BKD LLP PO BOX 3667 LITTLE ROCK AR 722033667 990 2017-01-01 710033825 CLAY COUNTY ELECTRIC COOP CORP % DAVID SMITH CLAY 8708573521 P O BOX 459 CORNING AR 72422 DAVID SMITH GENERAL MANAGER 8708573521 2018-10-15 true AMBER SHERRILL P00748683 5013721040 167.68.126.162 71015520182885000042 2018-10-15 P 4903526AB83A84FD1AFBFA4590601A6B8B6343D5 28EF72228E503E89FAB341F3BEBCB6353318B8A5 2017 2018-06-14 16:35:46Z DAVID SMITH 3111 HIGHWAY 67 CORNING AR 72422 30817239 false X WWW.CLAYCOUNTYELECTRIC.COM X 1939 AR CLAY COUNTY ELECTRIC COORPERATIVE CORPORATION IS YOUR MEMBER OWNED COOPERATIVE THAT PROVIDES SAFE, AFFORDABLE, DEPENDABLE AND CONSUMER BASED UTILITY SERVICES. 9 0 73 0 0 0 0 0 25939036 29982650 773150 827095 0 0 26712186 30809745 0 0 4080544 5160319 1426507 1474249 0 0 0 21205135 24175177 26712186 30809745 0 110265181 114390932 64493532 64373942 45771649 50016990 CLAY COUNTY ELECTRIC COOPERATIVE CORPORATION IS YOUR MEMBER OWNED COOPERATIVE THAT PROVIDES SAFE, AFFORDABLE, DEPENDABLE AND CONSUMER BASED UTILITY SERVICES. false false SALES OF 246,537,322 KILOWATT HOURS OF ELECTRIC ENERGY TO ITS MEMBERS/CONSUMERS ON A NON-PROFIT BASIS. false false false false false false false false false true true false false true false false false false false false false false false false false false false false true false false false false false false false false false false false true true false false true 24 0 true 73 true false false false false false 29982650 827095 false X 9 0 false false false false true true true true true false false true true true true true true true true false AR X DAVID SMITH 8708573521 3111 HIGHWAY 67 PO BOX 459 CORNING AR 72422 X JOHN DALTON BOARD PRESIDENT 8.81 0.0 X 26213 0 0 CHARLES RAGLIN BOARD VICE PRESIDENT 3.29 0.0 X 13775 0 0 CONNIE PENDERGRASS BOARD SECRETARY/TREASURER 16.0 0.0 X 23344 0 0 FUTRELL BUTLER DIRECTOR 2.0 0.0 X 15323 0 0 WADE SCHIMMING DIRECTOR 8.04 0.0 X 22094 0 0 REUBEN SEAY DIRECTOR 6.96 0.0 X 25633 0 0 JERRY TURNER DIRECTOR 8.31 0.0 X 25635 0 0 CARY WILSON DIRECTOR 2.86 0.0 X 21717 0 0 TODD YOUNG DIRECTOR 8.42 0.0 X 23188 0 0 DAVID SMITH GENERAL MANAGER 40.0 0.0 X 213664 0 144159 410586 0 144159 1 false true false SOUTHERN ELECTRIC COMPANY PO BOX 320398 FLOWOOD MS 39232 ELECTRICAL DIST. 673707 DAVEY RESOURCE GROUP PO BOX 94532 CLEVELAND OH 44101 ELEC. DIST. MAPPING 193460 OSMOSE UTILITIES SERVICES INC PO BOX 8000560 BUFFALO NY 14267 POLE INSPECTION 184530 US APPLICATORS PO BOX 563 LOUISVILLE MS 39339 ROW MAINTENANCE 174503 MIDSOUTH UTILITY CONSULTANTS PO BOX 1000 MEMPHIS TN 38148 ELECTRICAL ENGINEER 148146 6 0 ENERGY SALES 221000 29784727 29784727 OTHER CAPITAL CREDITS & PATRONAGE DIVIDENDS 900099 197923 197923 29982650 834589 834589 0 0 0 0 0 7494 -7494 -7494 -7494 0 0 0 0 0 0 0 0 0 0 30809745 29982650 827095 0 0 0 5160319 554745 0 548109 0 371395 0 0 26488 40584 0 0 0 0 42241 282344 0 0 0 0 0 0 1923955 0 2545823 170657 PURCHASED POWER 13511217 DISTRIBUTION EXP-OPER & MAINT 3881789 CUSTOMER EXPENSE 905018 PROPERTY TAXES 580515 264546 30809745 3238612 3229178 13385232 14378474 0 0 1063143 1178983 0 0 0 0 0 0 4694417 4158479 -248283 -170863 97552121 16551556 77172824 81000565 0 0 10428820 10092016 0 0 0 0 530416 524100 110265181 114390932 1347220 1228756 0 0 0 0 0 0 0 0 0 0 55553434 54660961 0 0 7592878 8484225 64493532 64373942 X 195230 195685 777196 777196 44799223 49044109 45771649 50016990 110265181 114390932 X 0 4245341 X false false false 93310579 16551556 76759023 4241542 4241542 81000565 ARK ELECTRIC COOP CORP 7765943 C ARK ELECTRIC COOP INC 821790 C NAT'L RURAL TELECOMM COOP 67571 C COOPERATIVE FINANCE CORP 1023942 C NAT'L INFORMATION SYSTEM COOP 90939 C FEDERATED RURAL ELECTRIC INS 221695 C CLAY RANDOLPH SECURITY INC 81113 C COOPERATIVE RESPONSE CENTER 17777 C COBANK MEMBERSHIP 1000 C MFA OIL - PATRONAGE 246 C 10092016 0 ACCUMULATED OPERATING PROVISIO 3567366 CONSUMER DEPOSITS 1136043 OTHER CURRENT & ACCRUED LIABIL 3632754 OTHER DEFERRED CREDITS 197200 CURRENT MATURITIES OF LONG-TER -49138 8484225 X false false false DAVID SMITH GENERAL MANAGER 192281 0 0 0 21383 0 117116 0 27043 0 357823 0 FORM 990, PART VI, SECTION A, LINE 6 THERE IS ONLY ONE CLASS OF MEMBERS. THE MEMBERS ARE THE ELECTRIC COOPERATIVE MEMBERS (CUSTOMERS). FORM 990, PART VI, SECTION A, LINE 7A THERE IS ONLY ONE CLASS OF MEMBERS. EACH MEMBER SHALL BE ENTITLED TO ONE VOTE AND NO MORE UPON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B ELECTRIC COOPERATIVE MEMBERS' APPROVAL IS REQUIRED FOR CHANGES IN THE ARTICLES OF INCORPORATION, SALES OF PROPERTY IN ANY ONE YEAR THAT EXCEEDS TEN PERCENT OF THE VALUE OF ALL PROPERTY OF THE COOPERATIVE, REMOVAL OF A DIRECTOR, ELECTION OF A DIRECTOR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE GENERAL MANAGER AND THE MANAGER OF FINANCE AND ACCOUNTING AND IS THEN GIVEN TO THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CONDUCTS PERIODIC BOARD AND OPERATIONAL POLICY REVIEWS. WITHIN THESE REVIEWS/UPDATES, THE CONFLICT OF INTEREST POLICY, PURCHASE PROCEDURES, ACCOUNTABILITY, AND OVERVIEW ARE EXAMINED. FORM 990, PART VI, SECTION B, LINE 15A EACH YEAR, THE BOARD OF DIRECTORS CONDUCTS A REVIEW OF THE GENERAL MANAGER'S PERFORMANCE AND DETERMINES COMPENSATION BASED ON THE REVIEW AND COMPARABILITY DATA. FORM 990, PART VI, SECTION B, LINE 15B INTANDEM, LLC PERFORMED A REVIEW AND PRODUCED A PAY SCALE AND JOB DESCRIPTION FOR EACH EMPLOYEE. EACH YEAR THE GENERAL MANAGER REVIEWS THAT SCALE AND DETERMINES COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 ALL ORGANIZATIONAL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 NET MARGIN 12/31/2017 BEFORE PATRONAGE ASSIGNED $5,160,319 RETIREMENT OF PATRONAGE CAPITAL CREDITS (915,433) ACTUARIAL GAIN/LOSS 455 ----------- OTHER CHANGES IN NET ASSETS $4,245,341 FORM 990, PART XII, LINE 2B CLAY COUNTY ELECTRIC COOPERATIVE CORPORATION'S FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT ON A FISCAL YEAR BASIS AND THE TAX RETURN IS COMPLETED ON A CALENDAR YEAR BASIS. 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