SOUTH TEXAS ELECTRIC COOPERATIVE INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SOUTH TEXAS ELECTRIC COOPERATIVE INC (EIN 74-1393760)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-16
- IRS object ID
- 202543209349302504
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-16T20:52:53-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 750882037 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOLINGER SEGARS GILBERT AND MOSS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8215 NASHVILLE AVENUE | AddressLine1Txt |
| City | LUBBOCK | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79423 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 741393760 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTH TEXAS ELECTRIC COOPERATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOUT | BusinessNameControlTxt |
| Phone | 3615756491 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 119 | AddressLine1Txt |
| City | NURSERY | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77976 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CLIFTON ERIC LANGE | PersonNm |
| Person Title | GENERAL MANAGER | PersonTitleTxt |
| Phone | 3615756491 | PhoneNum |
| Signature | 2025-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM M MILLER | PreparerPersonNm |
| PTIN | P00439459 | PTIN |
| Phone | 8067473806 | PhoneNum |
| Preparation | 2025-11-14 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CLIFTON ERIC LANGE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 119 | AddressLine1Txt |
| City | NURSERY | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77976 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $686,721,309 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.STEC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1944 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | WE ARE A CUTTING-EDGE GENERATION AND TRANSMISSION COOPERATIVE PROVIDING ELECTRIC POWER AND A LEADER IN PROVIDING A DIVERSE PORTFOLIO OF AFFORDABLE ENERGY, A RELIABLE POWER DELIVERY SYSTEM AND SERVICES CUSTOMIZED TO THE NEEDS OF THE MEMBERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 287 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $685,749,742 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $682,753,103 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,042,029 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,429,225 | CYInvestmentIncomeAmt |
| PY Other Revenue | $995,117 | PYOtherRevenueAmt |
| CY Other Revenue | $2,517,554 | CYOtherRevenueAmt |
| PY Total Revenue | $688,786,888 | PYTotalRevenueAmt |
| CY Total Revenue | $686,699,882 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $97,350 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $141,950 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $55,217,062 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $49,702,731 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $38,160,702 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $38,907,689 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $602,051,031 | PYOtherExpensesAmt |
| CY Other Expenses | $597,946,401 | CYOtherExpensesAmt |
| PY Total Expenses | $695,526,145 | PYTotalExpensesAmt |
| CY Total Expenses | $686,698,771 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$6,739,257 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,111 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,617,028,197 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,680,130,079 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,100,530,609 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,113,929,760 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $516,497,588 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $566,200,319 | NetAssetsOrFundBalancesEOYAmt |
| Mission | OUR MISSION IS TO PROVIDE THE INFRASTRUCTURE AND SERVICES TO DELIVER RELIABLE AND ECONOMICAL ELECTRIC POWER TO A DIVERSIFIED MEMBERSHIP. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | PROVIDING WHOLESALE ELECTRIC ENERGY TO 9 DISTRIBUTION COOPERATIVE MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 192 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 287 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Members And Shr Gross Income | $675,742,384 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $5,474,413 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TABATHA TEMPLE CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3615756491 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 119 | AddressLine1Txt |
| City | NURSERY | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77976 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| BARBARA MILLER | ||||||||
| PRESIDENT | 6.85 | Yes (X) | Yes (X) | $21,800 | $0 | $0 | ||
| BLAINE WARZECHA | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $20,000 | $0 | $0 | |||
| BRIAN ACOSTA | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $20,000 | $0 | $0 | |||
| BRUCE ELLIOTT | ||||||||
| DIRECTOR | 3.00 | Yes (X) | $20,000 | $0 | $0 | |||
| CLYDE STEWART | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $20,000 | $0 | $0 | |||
| ERIC HALFMANN | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $20,000 | $0 | $0 | |||
| HERBERT GREBE III | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $18,400 | $0 | $0 | |||
| JIM HARTON | ||||||||
| DIRECTOR | 6.00 | Yes (X) | $20,000 | $0 | $0 | |||
| LARRY HUESSER | ||||||||
| ASSISTANT SEC-TREAS | 4.80 | Yes (X) | Yes (X) | $19,600 | $0 | $0 | ||
| MICHAEL ABLES | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $19,200 | $0 | $0 | |||
| PAUL BRYSCH JR | ||||||||
| SECRETARY-TREASURER | 4.40 | Yes (X) | Yes (X) | $20,000 | $0 | $0 | ||
| RONALD HUGHES | ||||||||
| VICE PRESIDENT | 4.00 | Yes (X) | Yes (X) | $18,400 | $0 | $0 | ||
| RUMALDO JUAREZ | ||||||||
| DIRECTOR (FEB-DEC) | 4.00 | Yes (X) | $17,600 | $0 | $0 | |||
| SAMMY CONDRA | ||||||||
| DIRECTOR | 5.00 | Yes (X) | $20,000 | $0 | $0 | |||
| S F RUSCHHAUPT III | ||||||||
| DIRECTOR | 4.00 | Yes (X) | $16,800 | $0 | $0 | |||
| JAMES COLEMAN | ||||||||
| DIRECTOR (PD TO EMPLOYER) | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| VARZAVAND IRANI | ||||||||
| DIRECTOR (PD TO EMPLOYER) | 4.00 | Yes (X) | $0 | $0 | $0 | |||
| GARY RAYBON | ||||||||
| DIRECTOR (PD TO EMPLOYER) | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| CLIFTON LANGE | ||||||||
| GENERAL MANAGER | 55.00 | Yes (X) | $739,390 | $0 | $339,072 | |||
| TABATHA TEMPLE | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | Yes (X) | $200,942 | $0 | $65,394 | |||
| CORY ALLEN | ||||||||
| ASSISTANT GM/MGR OF POWER DELIVERY | 40.00 | $382,527 | $0 | $211,184 | Yes (X) | |||
| JOHN PACKARD | ||||||||
| MGR OF POWER SUPPLY | 40.00 | $342,823 | $0 | $126,231 | Yes (X) | |||
| STEVEN TAYLOR | ||||||||
| TRANSMISSION LINE SUPERINTENDENT | 45.00 | $262,478 | $0 | $151,671 | Yes (X) | |||
| PAUL PERSON | ||||||||
| MGR OF ENGINEERING | 45.00 | $244,586 | $0 | $102,536 | Yes (X) | |||
| LUCAS TURNER | ||||||||
| MGR OF WHOLESALE MARKETING/QSE | 45.00 | $237,955 | $0 | $76,884 | Yes (X) | |||
| WENDY OHRT | ||||||||
| MGR OF CORPORATE & MEMBER SERVICES | 50.00 | $237,690 | $0 | $103,428 | Yes (X) | |||
| LESANDER MARTINEZ | ||||||||
| SUBSTATION SUPERINTENDENT | 45.00 | $231,213 | $0 | $154,843 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,171,404 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,331,243 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 130 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| LAMBDA CONSTRUCTION | |||||
| 211 JESSES CIRCLE | NEW BRAUNFELS | TX | 78132 | STATION CONSTRUCTION | $7,682,694 |
| WARTSILA NORTH AMERICA INC | |||||
| PO BOX 122450 | DALLAS | TX | 75312 | ELECTRIC CONTRACTOR | $6,431,463 |
| GRAYS POWER SUPPLY LLC | |||||
| 7 VORTEX DRIVE | OAKLAND | MS | 38948 | POWER LINE CONTRACTOR | $4,308,089 |
| GE VERNOVA OPERATIONS LLC | |||||
| PO BOX 100371 | ATLANTA | GA | 30384 | ELECTRIC CONTRACTOR | $3,923,852 |
| POWER ENGINEERS INC | |||||
| PO BOX 855321 | MINNEAPOLIS | MN | 55485 | ENGINEERING SERVICES | $3,622,047 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 52 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| SALES OF ELECTRICITY | 221000 | $675,742,384 | $675,742,384 |
| PATRONAGE DIVIDENDS | 221000 | $6,168,524 | $6,168,524 |
| OTHER PROGRAM REVENUE | 221000 | $570,057 | $570,057 |
| TRANSMISSION | 221000 | $272,138 | $272,138 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $682,753,103 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,432,203 | TotalRevenueColumnAmt |
| Exclusion | $1,432,203 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,640,700 | TotalRevenueColumnAmt |
| Exclusion | $1,640,700 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $77,009 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $77,009 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $77,009 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $67,459 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $9,550 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $18,449 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $21,427 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$2,978 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,978 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$2,978 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| POLE ATTACHMENT REVENUE | 221000 | $766,963 | $766,963 | |
| OTHER NON OPERATING REVENUE | 221000 | $32,882 | $32,882 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $799,845 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $686,699,882 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $682,850,466 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,849,416 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,950 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,000 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,702,731 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,699,363 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,628,253 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,235,910 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,685,686 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,658,477 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,443,454 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,139,700 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PURCHASED POWER | $414,697,019 |
| PRODUCTION EXPENSE | $66,820,084 |
| ADMINISTRATIVE & GENERA | $10,414,013 |
| OPERATING TAXES | $7,578,587 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,853,544 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $686,698,771 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,239,839 | BOYAmt |
| EOY | $28,517,482 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,128,015 | BOYAmt |
| EOY | $8,128,341 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,282,768 | BOYAmt |
| EOY | $59,058,371 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,432,586 | BOYAmt |
| EOY | $31,106,770 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,819,639 | BOYAmt |
| EOY | $31,865,048 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,050,795,316 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $612,974,901 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,375,995,419 | BOYAmt |
| EOY | $1,437,820,415 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,229,259 | BOYAmt |
| EOY | $80,337,896 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,544 | BOYAmt |
| EOY | $9,544 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,891,128 | BOYAmt |
| EOY | $3,286,212 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,617,028,197 | BOYAmt |
| EOY | $1,680,130,079 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,240,822 | BOYAmt |
| EOY | $66,749,422 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $842,650,485 | BOYAmt |
| EOY | $940,192,950 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $180,000,000 | BOYAmt |
| EOY | $85,000,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,639,302 | BOYAmt |
| EOY | $21,987,388 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,100,530,609 | BOYAmt |
| EOY | $1,113,929,760 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $500 | BOYAmt |
| EOY | $500 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $488 | BOYAmt |
| EOY | $488 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $516,496,600 | BOYAmt |
| EOY | $566,199,331 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $516,497,588 | BOYAmt |
| EOY | $566,200,319 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,617,028,197 | BOYAmt |
| EOY | $1,680,130,079 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,111 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $49,701,620 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $61,136,340 | OtherCostOrOtherBasisAmt |
| Book Value | $61,136,340 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $49,484,263 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,895,349 | DepreciationAmt |
| Book Value | $39,588,914 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,748,573,466 | OtherCostOrOtherBasisAmt |
| Depreciation | $603,079,552 | DepreciationAmt |
| Book Value | $1,145,493,914 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $191,601,247 | OtherCostOrOtherBasisAmt |
| Book Value | $191,601,247 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,437,820,415 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED OPERATING TAXES | $4,852,407 |
| CONSUMER DEPOSITS | $1,392,276 |
| REGULATORY LIABILITY - OVERCOLLECTION OF POWER COST | $5,803,199 |
| ADVANCES FOR CONSTRUCTION | $9,479,777 |
| ACCUMULATED ACCRUED DEFERRED COMPENSATION | $459,729 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $21,987,388 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE COOPERATIVE FOLLOWS THE PROVISIONS OF UNCERTAIN TAX POSITIONS AS ADDRESSED IN FASB ACCOUNTING STANDARDS CODIFICATION 740-10-65-1. THE PRIMARY TAX POSITION OF THE COOPERATIVE IS ITS FILING STATUS AS A TAX EXEMPT ENTITY. THE COOPERATIVE DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS), OR OTHER STATE TAXING AUTHORITY, AND THAT ALL TAX BENEFITS ARE LIKELY TO BE REALIZED UPON SETTLEMENT WITH TAXING AUTHORITIES. |
| PART VIII: | THE AMOUNT OF INVESTMENTS - PROGRAM RELATED ON FORM 990, PAGE 11, PART X, LINE 13 DOES NOT EQUAL OR EXCEED 5% OF THE TOTAL ASSETS ON FORM 990, PAGE 11, PART X, LINE 16, COLUMN B. CONSEQUENTLY, IN ACCORDANCE WITH IRS INSTRUCTIONS, SCHEDULE D, PART VIII HAS BEEN LEFT BLANK. PART IX: THE AMOUNT OF OTHER ASSETS ON FORM 990, PAGE 11, PART X, LINE 15 DOES NOT EQUAL OR EXCEED 5% OF THE TOTAL ASSETS ON FORM 990, PAGE 11, PART X, LINE 16, COLUMN B. CONSEQUENTLY, IN ACCORDANCE WITH IRS INSTRUCTIONS, SCHEDULE D, PART IX HAS BEEN LEFT BLANK. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $0 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $0 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Purpose Of Grant | GUATEMALA INTERNATIONAL PROJECT. | PurposeOfGrantTxt |
| Cash Grant | $50,000 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II: | FormAndLineReferenceDesc |
| Explanation | THE DONATION MADE TO NRECA INTERNATIONAL IS USED TOWARD THEIR MISSION TO HELP BRING ELECTRICITY TO PEOPLE LIVING IN RURAL AREAS IN DEVELOPING COUNTRIES BY PARTNERING WITH ELECTRIC COOPERATIVES IN THE UNITED STATES, SUCH AS SOUTH TEXAS ELECTRIC COOPERATIVE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CLIFTON LANGE | ||||||||||||||
| GENERAL MANAGER | $731,890 | $0 | $0 | $0 | $7,500 | $0 | $299,323 | $0 | $39,749 | $0 | $1,078,462 | $0 | $0 | $0 |
| CORY ALLEN | ||||||||||||||
| ASSISTANT GM/MGR OF POWER DELIVERY | $359,681 | $0 | $15,331 | $0 | $7,515 | $0 | $176,910 | $0 | $34,274 | $0 | $593,711 | $0 | $0 | $0 |
| JOHN PACKARD | ||||||||||||||
| MGR OF POWER SUPPLY | $327,175 | $0 | $14,044 | $0 | $1,604 | $0 | $92,143 | $0 | $34,088 | $0 | $469,054 | $0 | $0 | $0 |
| STEVEN TAYLOR | ||||||||||||||
| TRANSMISSION LINE SUPERINTENDENT | $247,766 | $0 | $10,684 | $0 | $4,028 | $0 | $116,111 | $0 | $35,560 | $0 | $414,149 | $0 | $0 | $0 |
| LESANDER MARTINEZ | ||||||||||||||
| SUBSTATION SUPERINTENDENT | $219,146 | $0 | $9,483 | $0 | $2,584 | $0 | $119,181 | $0 | $35,662 | $0 | $386,056 | $0 | $0 | $0 |
| PAUL PERSON | ||||||||||||||
| MGR OF ENGINEERING | $232,723 | $0 | $10,024 | $0 | $1,839 | $0 | $68,595 | $0 | $33,941 | $0 | $347,122 | $0 | $0 | $0 |
| WENDY OHRT | ||||||||||||||
| MGR OF CORPORATE & MEMBER SERVICES | $226,499 | $0 | $9,872 | $0 | $1,319 | $0 | $66,236 | $0 | $37,192 | $0 | $341,118 | $0 | $0 | $0 |
| LUCAS TURNER | ||||||||||||||
| MGR OF WHOLESALE MARKETING/QSE | $227,653 | $0 | $9,836 | $0 | $466 | $0 | $40,850 | $0 | $36,034 | $0 | $314,839 | $0 | $0 | $0 |
| TABATHA TEMPLE | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $192,166 | $0 | $8,382 | $0 | $394 | $0 | $30,287 | $0 | $35,107 | $0 | $266,336 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, COLUMN C: | FormAndLineReferenceDesc |
| Explanation | INCLUDED IN THIS AMOUNT IS THE INCREASE IN ACTUARIAL VALUE OF BENEFITS PAYABLE UNDER A DEFINED BENEFIT RETIREMENT PLAN. THE CONTRIBUTION RATE FOR PARTICIPANTS IN THE NRECA R&S DEFINED BENEFIT PENSION PLAN ARE THE SAME FOR ALL INDIVIDUALS IN THIS MULTI-EMPLOYER PLAN. THE CHANGE IN ACTUARIAL VALUE FOR EACH PARTICIPANT, HOWEVER, VARIES WITH AGE. IN OTHER WORDS, THE OLDER A PLAN PARTICIPANT IS, THE GREATER THE INCREASE IN THAT INDIVIDUAL'S CHANGE IN ACTUARIAL VALUE, ALL OTHER THINGS BEING EQUAL. BECAUSE THIS RELATES TO A MULTI-EMPLOYER PLAN, CASH CONTRIBUTIONS TO THE PLAN IN LIEU OF THE ACTUARIAL INCREASE ARE EXPENSED IN THE FINANCIAL STATEMENTS. CLIFTON LANGE: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 288,973 EMPLOYER CONTRIBUTION TO 401(K) PLAN 10,350 TOTAL REPORTED IN COLUMN C $ 299,323 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (288,973) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 122,648 EXPENSE TO THE COOPERATIVE $ 132,998 CORY ALLEN: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 166,560 EMPLOYER CONTRIBUTION TO 401(K) PLAN 10,350 TOTAL REPORTED IN COLUMN C $ 176,910 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (166,560) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 121,564 EXPENSE TO THE COOPERATIVE $ 131,914 JOHN PACKARD: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 82,256 EMPLOYER CONTRIBUTION TO 401(K) PLAN 9,887 TOTAL REPORTED IN COLUMN C $ 92,143 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (82,256) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 110,531 EXPENSE TO THE COOPERATIVE $ 120,418 STEVEN TAYLOR: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 108,603 EMPLOYER CONTRIBUTION TO 401(K) PLAN 7,508 TOTAL REPORTED IN COLUMN C $ 116,111 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (108,603) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 85,538 EXPENSE TO THE COOPERATIVE $ 93,046 LESANDER MARTINEZ: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 112,463 EMPLOYER CONTRIBUTION TO 401(K) PLAN 6,718 TOTAL REPORTED IN COLUMN C $ 119,181 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (112,463) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 73,293 EXPENSE TO THE COOPERATIVE $ 80,011 PAUL PERSON: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 61,542 EMPLOYER CONTRIBUTION TO 401(K) PLAN 7,054 TOTAL REPORTED IN COLUMN C $ 68,596 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (61,542) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 79,593 EXPENSE TO THE COOPERATIVE $ 86,647 WENDY OHRT: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 59,295 EMPLOYER CONTRIBUTION TO 401(K) PLAN 6,941 TOTAL REPORTED IN COLUMN C $ 66,236 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (59,295) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 78,765 EXPENSE TO THE COOPERATIVE $ 85,706 LUCAS TURNER: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 33,918 EMPLOYER CONTRIBUTION TO 401(K) PLAN 6,932 TOTAL REPORTED IN COLUMN C $ 40,850 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (33,918) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 76,695 EXPENSE TO THE COOPERATIVE $ 83,627 TABATHA TEMPLE: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 24,379 EMPLOYER CONTRIBUTION TO 401(K) PLAN 5,908 TOTAL REPORTED IN COLUMN C $ 30,287 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (24,379) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 65,899 EXPENSE TO THE COOPERATIVE $ 71,807 | ExplanationTxt |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (2 entries)
| Relationship With OrgRelationshipWithOrgTxt | Cash GrantCashGrantAmt | Type Of AssistanceTypeOfAssistanceTxt |
|---|---|---|
| RACHEL LANGE | ||
| FAMILY RELATIONSHIP (OFFICER - C. LANGE) | $2,000 | SCHOLARSHIP |
| VANESSA LANGE | ||
| FAMILY RELATIONSHIP (OFFICER - C. LANGE) | $1,500 | SCHOLARSHIP |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (18 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE COOPERATIVE WAS FORMED BY THE MEMBERS TO PROVIDE WHOLESALE POWER AND TRANSMISSION SERVICES AT COST ON A COOPERATIVE BASIS. THE COOPERATIVE CURRENTLY HAS NINE (9) MEMBERS; ALL OF WHICH PURCHASE POWER FROM THE COOPERATIVE PURSUANT TO WHOLESALE POWER CONTRACTS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE COOPERATIVE IS GOVERNED BY AN EIGHTEEN (18) MEMBER BOARD OF DIRECTORS, WHO ARE ELECTED ANNUALLY AND SERVE A TERM OF ONE YEAR. EACH OF THE NINE (9) MEMBER DISTRIBUTION COOPERATIVES ELECTS TWO REPRESENTATIVES TO SERVE ON THE BOARD AND FILLS THE VACANCY CREATED IF ONE OF THEIR DESIGNATED REPRESENTATIVES RESIGNS OR IS UNABLE TO SERVE. |
| FORM 990, PART VI, SECTION A, LINE 7B | IN ADDITION TO BOARD OF DIRECTOR ELECTIONS, THE FOLLOWING ACTS REQUIRE APPROVAL OF THE MEMBERS OF THE COOPERATIVE: 1. AMENDMENT TO THE ARTICLES OF INCORPORATION 2. DISPOSAL OF A SUBSTANTIAL PORTION OF THE COOPERATIVE'S ASSETS 3. MERGER OR CONSOLIDATION OF THE COOPERATIVE WITH ANOTHER ORGANIZATION 4. DISSOLUTION/LIQUIDATION OF THE COOPERATIVE |
| FORM 990, PART VI, SECTION B, LINE 11B | MANAGEMENT PRESENTED A COPY OF THE FORM 990 TO THE FINANCE AND AUDIT COMMITTEE AND THE FULL BOARD OF DIRECTORS PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ON AN ANNUAL BASIS, OFFICERS AND EMPLOYEES ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE FORM. IF POLICIES NEED TO BE UPDATED, THEY ARE DRAFTED AND THEN REVIEWED WITH LEGAL COUNSEL BEFORE PRESENTATION TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS USE A COMPENSATION SURVEY WHEN DETERMINING THE COMPENSATION OF THE COOPERATIVE'S GENERAL MANAGER. THE SURVEY INCLUDES SALARIES FROM SIMILARLY SITUATED COOPERATIVES THROUGHOUT TEXAS AND THE NATION. THE BOARD AND THE GENERAL MANAGER USE A COMPENSATION SURVEY WHEN DETERMINING THE COMPENSATION OF THE COOPERATIVE'S OTHER EMPLOYEES MEETING THE DEFINITION OF OFFICER AND KEY EMPLOYEES, IF ANY. THE SURVEY INCLUDES SALARIES FROM SIMILARLY SITUATED COOPERATIVES THROUGHOUT TEXAS AND THE NATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ANNUAL REPORT IS LISTED ON WEBSITE EACH YEAR THAT ALSO INCLUDED STEC'S ANNUAL FINANCIAL STATEMENTS. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART VII, COLUMN F: | IN ORDER TO PROVIDE RETIREMENT BENEFITS TO ITS EMPLOYEES, THE COOPERATIVE HAS ESTABLISHED A DEFINED CONTRIBUTION PLAN UNDER SECTION 401(K) OF THE INTERNAL REVENUE CODE. EMPLOYER CONTRIBUTIONS TO THE PLAN ARE MADE PURSUANT TO THE PLAN DOCUMENT. EMPLOYER CONTRIBUTIONS ARE AVAILABLE TO PARTICIPATING EMPLOYEES, INCLUDING OFFICERS AND HIGHLY COMPENSATED EMPLOYEES, MEETING THE ELIGIBILITY REQUIREMENTS OF THE PLAN. THE COOPERATIVE ALSO PROVIDES HEALTH, DENTAL, AND LIFE INSURANCE TO ALL ELIGIBLE EMPLOYEES THROUGH A QUALIFIED PLAN. THE AMOUNTS REPORTED ON PART VII, COLUMN (F) FOR THE OFFICERS AND HIGHLY COMPENSATED EMPLOYEES IS COMPRISED OF THE TOTAL AMOUNT CONTRIBUTED BY THE COOPERATIVE TO THE DEFINED CONTRIBUTION PLAN AND INSURANCE PAID ON BEHALF OF AND FOR THEIR BENEFIT. |
| FORM 990, PARTS VI & VII: | THE COOPERATIVE ANNUALLY PROVIDES EACH DIRECTOR AND EMPLOYEE OFFICER A QUESTIONNAIRE AND TIME LOG. THE COMPLETED QUESTIONNAIRES AND TIME LOGS ARE USED TO COMPLETE THE APPLICABLE QUESTIONS ON THE FORM 990 PERTAINING TO BUSINESS RELATIONSHIPS AMONG DIRECTORS, OFFICERS, AND KEY EMPLOYEES, AS WELL AS TO DETERMINE IF THERE ARE ANY TRANSACTIONS WHICH MUST BE REPORTED IN DETAIL ON SCHEDULE L - "TRANSACTIONS WITH INTERESTED PERSONS". IF THE COOPERATIVE WAS UNABLE TO OBTAIN A COMPLETED QUESTIONNAIRE AND/OR TIME LOG, THE COOPERATIVE RELIED UPON THE COMPLETED INFORMATION FOR THE PRIOR YEAR. |
| FORM 990, PART VIII, LINE 2: | PATRONAGE DIVIDENDS RESULT FROM THE PAYMENT OF INTEREST FROM COOPERATIVE BANKS AND THE PURCHASE OF SUPPLIES AND SERVICES FROM OTHER COOPERATIVE ORGANIZATIONS. THE EXPENSES ASSOCIATED WITH PURCHASES FROM AND PAYMENTS TO SUCH COOPERATIVE ORGANIZATIONS ARE A DIRECT COMPONENT OF COST OF THE ELECTRIC SERVICE PROVIDED BY THE COOPERATIVE TO ITS MEMBERS. |
| FORM 990, PART IX: | THE ACCOUNTING RECORDS OF THE COOPERATIVE ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS (USOA) AS PRESCRIBED BY THE FEDERAL ENERGY REGULATORY COMMISSION. THE USOA DOES NOT RECORD EXPENSES IN THE GENERAL EXPENSE CATEGORIES PROVIDED ON PART IX LINES 1-23. THE COOPERATIVE SEPARATELY REPORTS SALARIES AND WAGES, EMPLOYEE BENEFITS AND PAYROLL TAXES THAT ARE ALLOCATED IN ACCORDANCE WITH THEIR ACCOUNTING SYSTEM, BUT OTHER EXPENSES THAT ARE DESCRIBED IN LINES 1-23 ARE REPORTED ON LINE 24 UNDER THE EXPENSE CATEGORIES REQUIRED BY THE USOA. |
| FORM 990, PART IX, LINE 24C: | ADMINISTRATIVE & GENERAL EXPENSE IS COMPRISED OF THE FOLLOWING: ADMIN & GENERAL SALARIES EXPENSE $ 6,833,296 OFFICE SUPPLIES 389,862 OUTSIDE SERVICES 3,921,890 INSURANCE 2,512,845 INJURIES & DAMAGES 610,405 MANAGERS MEETING & TRAVEL EXPENSE 32,957 ANNUAL MEETING 83,502 DIRECTORS 393,420 DUES & SUBSCRIPTIONS 421,954 MISCELLANEOUS GENERAL EXPENSE 419,580 EVENTS, TRAINING & EDUCATION 442,638 TOTAL ADMIN & GENERAL EXPENSE $16,062,349 LESS: RECLASS OF DIRECTOR FEES TO PART IX, LINE 5 (291,800) LESS: RECLASS OF LABOR TO PART IX, LINES 5&7 (4,750,057) LESS: RECLASS OF BENEFITS TO PART IX, LINES 8-10 (606,479) TOTAL ADMIN & GENERAL EXPENSE PER FORM 990 $10,414,013 |
| FORM 990, PART IX, LINES 5-7: | SALARIES AND WAGES ARE ALLOCATED TO ASSET, LIABILITY, AND EXPENSE ACCOUNTS BASED ON THE ACCOUNTING SYSTEM DESCRIBED ABOVE. THE FOLLOWING SCHEDULE RECONCILES AMOUNTS REPORTED ON LINES 5-7 TO TOTAL WAGES ACCRUED AND/OR PAID: TOTAL PER LINES 5-7 $25,327,616 LESS: DIRECTOR FEES REPORTED ON FORMS 1099-NEC (291,800) LESS: EMPLOYEE OFFICER BENEFITS INCLUDED IN LINE 5 (404,466) LESS: KEY EMPLOYEE COMPENSATION REPORTED IN LINE 5 (337,415) PLUS: SALARIES AND WAGES CAPITALIZED DIRECTLY TO PLANT 5,170,153 PLUS: SALARIES AND WAGES CAPITALIZED INDIRECTLY THROUGH CLEARING AND OTHER ACCOUNTS 908,176 TOTAL WAGES ACCRUED AND/OR PAID $30,372,264 |
| FORM 990, PART IX, LINE 4: | PURSUANT TO THE FORM 990 INSTRUCTIONS, THE AMOUNT OF PATRONAGE DIVIDENDS PAID TO THE MEMBERS (HEREINAFTER REFERRED TO AS "PATRONS") SHOULD BE REPORTED ON PART IX, LINE 4. THE PHRASE "PATRONAGE DIVIDENDS PAID" REFERS TO THE PROCESS, SUBSEQUENT TO YEAR-END, BY WHICH THE COOPERATIVE ALLOCATES PATRONAGE CAPITAL TO AND, THEREFORE, OPERATES AT COST WITH ITS PATRONS. THE COOPERATIVE'S TAX EXEMPT PURPOSE IS TO PROVIDE ELECTRICITY TO ITS PATRONS AND TO DO SO ON A COOPERATIVE BASIS. TAX LAW DEFINES "OPERATING ON A COOPERATIVE BASIS" AS SUBORDINATION OF CAPITAL, DEMOCRATIC CONTROL, AND OPERATION AT COST. THE COOPERATIVE OPERATES AT COST THROUGH THE ALLOCATION OF TRUE PATRONAGE DIVIDENDS (ALSO REFERRED TO AS ALLOCATIONS OF PATRONAGE CAPITAL) TO ITS PATRONS. PATRONAGE DIVIDENDS ARE CONSIDERED PAID IF THE ALLOCATION IS MADE (1) PURSUANT TO A PRE-EXISTING OBLIGATION, (2) FROM THE MARGINS PRODUCED FROM THE TRANSACTIONS DONE WITH OR FOR PATRONS, AND (3) IN A FAIR AND EQUITABLE MANNER ON THE BASIS OF PATRONAGE (I.E. PURCHASES). ADDITIONALLY, THE ALLOCATION OF PATRONAGE DIVIDENDS SHOULD BE MADE WITHIN A REASONABLE TIME PERIOD AFTER THE CLOSE OF THE COOPERATIVE'S YEAR-END OF DECEMBER 31. THE AMOUNT REPORTED ON PART IX, LINE 4 REPRESENTS THE AMOUNT OF PATRONAGE CAPITAL THAT IS EITHER ALLOCATED OR TO BE ALLOCATED TO THE PATRONS RESULTING FROM THEIR PURCHASE OF ELECTRICITY FROM THE COOPERATIVE FOR THE 2024 CALENDAR YEAR. BECAUSE PATRONAGE DIVIDENDS ARE THE PROCESS BY WHICH THE COOPERATIVE OPERATES AT COST WITH ITS PATRONS AND THEREBY A KEY COMPONENT TO ACCOMPLISHING ITS EXEMPT PURPOSE, THE COOPERATIVE HAS REPORTED SUCH AMOUNTS AS AN EXPENSE FOR FORM 990 REPORTING. PATRONAGE DIVIDENDS ARE NOT AN EXPENSE FOR FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, HOWEVER. |
| FORM 990, PART IX, LINE 24E: | OTHER EXPENSES ARE COMPRISED OF THE FOLLOWING: CUSTOMER ACCOUNTS & SALES EXPENSE $ 369,773 GENERAL PLANT MAINTENANCE 1,769,131 DISTRIBUTION EXPENSE 6,768,892 TRANSMISSION EXPENSE 17,274,268 TOTAL OTHER EXPENSES PER FINANCIAL STATEMENTS $26,182,064 LESS: RECLASS OF LABOR TO PART IX, LINES 5&7 (10,979,089) LESS: RECLASS OF BENEFITS TO PART IX, LINES 5&7 (8,349,431) TOTAL OTHER EXPENSES PER FORM 990, PART IX, LINE 24E $ 6,853,544 |
| FORM 990, PART IX, LINE 1: | ALL GRANTS, SPONSORSHIPS, AND/OR DONATIONS ARE MADE TO NON-PROFIT AND CIVIC ORGANIZATIONS THAT ARE LOCATED IN THE COOPERATIVE'S SERVICE AREA, AND ARE INTENDED TO IMPROVE THE COMMUNITIES IN WHICH OUR MEMBERS RESIDE. EACH GRANT, SPONSORSHIP, AND/OR DONATION MADE DURING THE YEAR WAS BELOW THE REPORTING THRESHOLD OF SCHEDULE I, PART II. |
| FORM 990, PART XI, LINE 9: | PATRONAGE CAPITAL ASSIGNABLE 49,702,731. EQUITY METHOD INCOME FROM SUBSIDIARY -1,111. |
| FORM 990, PART XII, LINE 2C: | THE BOARD OF DIRECTORS HAVE ASSIGNED MEMBERS TO A FINANCE AND AUDIT COMMITTEE TO OVERSEE THE FINANCIAL STATEMENT AUDIT AND SELECT THE INDEPENDENT FINANCIAL STATEMENT AUDITOR. PROCEDURAL CHANGES DID NOT OCCUR DURING THE YEAR. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTH TEXAS SOLAR POWER LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 119 | AddressLine1Txt |
| City | NURSERY | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77976 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 833169048 | EIN |
| Primary Activities | SOLAR POWER GENERATION | PrimaryActivitiesTxt |
| Legal Domicile State | TX | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTH TEXAS ELECTRIC COOPERATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $832,542 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $295,714 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| SOUTH TEXAS SOLAR POWER LLC | ||
| A | $9,550 | CASH RECEIVED |
| SOUTH TEXAS SOLAR POWER LLC | ||
| R | $832,542 | PURCHASE POWER AGREEMENT |