2017-11-01T11:17:50-05:00 2017-06-30 621110839 ALEXANDER THOMPSON ARNOLD PLLC 227 OIL WELL RD JACKSON TN 38305 990 2016-07-01 620366645 SOUTHWEST TENNESSEE ELECTRIC MEMBERSHIP CORPORATION SOUT 7317721322 PO BOX 959 BROWNSVILLE TN 380120959 J KEVIN MURPHY PRESIDENT 7317721322 2017-10-31 J WINSTON TRUETT P00191228 7314278571 2017-10-31 0CF78BCC36444F9E07D7A65869C08D4EE3BEED24 0CF78BCC36444F9E07D7A65869C08D4EE3BEED24 2016 2021-01-29 14:40:06Z J KEVIN MURPHY PO BOX 959 BROWNSVILLE TN 380120959 112039020 false X STEMC.COM X 1936 TN PROVIDE ELECTRICITY TO RURAL AREAS OF SOUTHWEST TENNESSEE AT A REASONABLE COST 10 10 144 0 0 104961750 111246446 133056 410059 348601 318269 105443407 111974774 0 0 13092751 14188894 0 0 89641871 92897336 102734622 107086230 2708785 4888544 149551342 150340159 69155426 65055699 80395916 85284460 PROVIDE ELECTRICITY TO RURAL AREAS OF SOUTHWEST TENNESSEE AT A REASONABLE COST false false 107086230 111246446 PROVIDES ELECTRICITY FOR APPROXIMATELY 49,750 CUSTOMERS IN PARTS OF ELEVEN COUNTIES IN SOUTHWEST TENNESSEE 107086230 false false false false false false false false false true false false 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 true 37 0 true 144 true false false false false false 109540822 1499267 false X 10 10 false false false false true true false true true false true true true true true false true true true true false X X SCOTT SIMS 7317721322 1009 E MAIN ST BROWNSVILLE TN 38012 X ROBERT KENDRICK DIRECTOR 10.00 X 19648 0 0 ALLAN FERGUSON VICE-CHAIRMA 8.00 X X 18616 0 0 DAVID MCDANIEL DIRECTOR 8.00 X 15247 0 0 JAMES ROSE DIRECTOR 8.00 X 14048 0 0 ALLEN KING DIRECTOR 8.00 X 14043 0 0 AUDREY BLUE SECRETARY/TR 13.00 X X 12824 0 0 HUGH HARVEY CHAIRMAN 10.00 X X 12024 0 0 WB MCKINNON DIRECTOR 8.00 X 10081 0 0 CLAIRE MARSHALL DIRECTOR 9.00 X 9624 0 0 NORMA TURNER DIRECTOR 9.00 X 9624 0 0 JACKIE BUTLER DIRECTOR 10.00 X 2944 0 0 J KEVIN MURPHY PRESIDENT 50.00 X 184296 0 56743 B SCOTT SIMS VP FINANCE, 50.00 X 110241 0 27764 PHILLIP MULLINS VP OPERATION 50.00 X 135507 0 44770 THOMAS HALLIBURTON LINE FOREMAN 45.00 X 114406 0 62177 WILLIAM GORDON VP ENGINEERI 50.00 X 107019 0 27469 BARRY TRENT HALL VP PURCHASIN 50.00 X 105855 0 53910 896047 272833 6 false true false AUBREY SILVEY ENTERPRISES INC 371 HAMP JONES RD CARROLLTON GA 30117 CONSTRUCTION 1261534 MCKENZIE TREE SERVICE INC PO BOX 425 PARSONS TN 38363 ROW MAINTENANCE 1243708 BYRD TREE SERVICE 5485 HWY 79 N BROWNSVILLE TN 38012 ROW MAINTENANCE 1058942 CENTRAL SERVICE ASSOCIATION PO BOX 3480 TUPELO MS 38803 SUPPORT SERVICE 402784 EXCELERON SOFTWARE 8144 WALNUT HILL LANE DALLAS TX 75231 SOFTWARESUPPORT 376540 12 ELECTRIC REVENUE 107397279 107397279 RENT FROM ELECTRIC PROPERTIES 1695937 1695937 MISCELLANEOUS SERVICE REVENUE 1230731 1230731 FORFEITED DISCOUNTS 911458 911458 OTHER ELECTRIC REVENUE 11041 11041 111246446 113826 113826 352617 56384 296233 296233 296233 9216 7862 1354 1354 PATRONAGE CAPITAL REFUNDS 316915 316915 316915 111974774 111860948 113826 453229 8965449 2152818 1935250 682148 28852 20004 19986 405322 929788 252586 248021 88392 300746 1611628 7332585 718482 COST OF POWER 78546660 ELECTRIC SYSTEM OPERATING 2394284 107086230 0 0 0 9230412 6243888 48172 43715 7514389 6562852 1443338 2861998 1476218 1503997 2403523 1643342 209863555 80802277 125017765 129061278 2417525 2419089 149551342 150340159 23804287 23736900 43674723 39669734 1676416 1649065 69155426 65055699 X 80395916 85284460 80395916 85284460 149551342 150340159 4888544 X false true X true false 1151874 1151874 6382095 1763992 4618103 48950616 24251790 24698826 153378970 54786495 98592475 129061278 TVA SPONSORED CONSERVATION LOANS 1367433 MEMBERSHIPS 220430 ADVANCES FOR CONSTRUCTION-REFUNDABLE 61202 1649065 111974774 111974774 111974774 107086230 107086230 107086230 X X X X false false false J KEVIN MURPHY PRESIDENT 176012 2750 5534 37298 19445 241039 PHILLIP MULLINS VP OPERATIONS 129316 250 5941 42633 2137 180277 THOMAS HALLIBURTON LINE FOREMAN 113370 50 986 43465 18712 176583 BARRY TRENT HALL VP PURCHASING, FLEET 103228 300 2327 45384 8526 159765 SCHEDULE J, PART III PART I, QUESTION 3: ANNUAL EXTERNAL WAGE SURVEYS ARE OBTAINED FROM TENNESSEE VALLEY PUBLIC POWER ASSOCIATION AND RELATED COMPARABILITY DATA IS COMPILED BY THE COMPANY'S HUMAN RESOURCE DEPARTMENT. THIS INFORMATION IS USED BY THE BOARD OF DIRECTOR'S EXECUTIVE COMMITTEE TO DETERMINE THE RECOMMENDED COMPENSATION FOR THE PRESIDENT. THE FULL BOARD OF DIRECTORS APPROVES THE PRESIDENT'S COMPENSATION AND A WRITTEN CONTRACT IS EXECUTED. PART II, ADDITIONAL INFORMATION: REGARDING COLUMN C, RETIREMENT AND OTHER DEFERRED COMPENSATION, FOR LISTED INDIVIDUALS: THE AMOUNT LISTED IS THE INCREASE IN ACTUARIAL VALUE OF THEIR DEFINED BENEFIT PENSION PLAN AS DETERMINED BY THE PLAN ACTUARIES. THIS AMOUNT DOES NOT REPRESENT DIRECT PAYMENTS MADE BY THE COOPERATIVE OR RECEIVED BY THE INDIVIDUALS LISTED. FORM 990, PAGE 6, PART VI, LINE 6 THE CORPORATION IS WHOLLY MEMBER-OWNED BY THE INDIVIDUALS WHOM THE ELECTRICAL COOPERATIVE PROVIDES SERVICE TO. UPON ESTABLISHING ELECTRIC SERVICE, EACH INDIVIDUAL ALSO JOINS THE COOPERATIVE AS A MEMBER. FORM 990, PAGE 6, PART VI, LINE 7A ALL COOPERATIVE MEMBERS HAVE ONE VOTE EACH TO ELECT THE BOARD OF DIRECTORS. ELECTIONS ARE HELD ANNUALLY. BOARD MEMBERS SERVE THREE-YEAR TERMS. THE TERMS ARE STAGGERED SO THAT THREE OR FOUR OF THE TEN BOARD MEMBERS ARE UP FOR ELECTION EACH YEAR. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS COMPLETED AND FILED BY THE COOPERATIVE'S INDEPENDENT EXTERNAL ACCOUNTING FIRM. INFORMATION TO COMPLETE THE RETURN IS COMPILED BY THE COOPERATIVE'S INTERNAL ACCOUNTING STAFF, AND SUPPLIED TO THE EXTERNAL ACCOUNTING FIRM. A DRAFT FORM 990 RETURN IS SENT TO COOPERATIVE MANAGEMENT AND THE BOARD OF DIRECTORS FOR THEIR REVIEW. THE FORM 990 IS DISCUSSED AND APPROVED BY THE BOARD OF DIRECTORS AT THEIR MONTHLY BOARD MEETING, PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 15A ANNUAL EXTERNAL WAGE SURVEYS ARE OBTAINED, AND RELATED COMPARABILITY DATA IS COMPILED BY THE COMPANY'S HUMAN RESOURCE DEPARTMENT. THIS INFORMATION IS USED BY THE BOARD OF DIRECTORS TO DETERMINE THE PRESIDENT'S COMPENSATION. THE INFORMATION IS ALSO USED BY THE PRESIDENT TO DETERMINE THE COMPANY'S WAGE AND SALARY PLAN THAT IS ADOPTED BY THE BOARD. FORM 990, PAGE 6, PART VI, LINE 15B ANNUAL EXTERNAL WAGE SURVEYS ARE OBTAINED, AND RELATED COMPARABILITY DATA IS COMPILED BY THE COMPANY'S HUMAN RESOURCE DEPARTMENT. THIS INFORMATION IS USED BY THE BOARD OF DIRECTORS TO DETERMINE THE PRESIDENT'S COMPENSATION. THE INFORMATION IS ALSO USED BY THE PRESIDENT TO DETERMINE THE COMPANY'S WAGE AND SALARY PLAN THAT IS ADOPTED BY THE BOARD. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS (BYLAWS), CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH THE COMPANY WEBSITE, THE TENNESSEE MAGAZINE, AND UPON REQUEST. ADDITIONALLY, THE GOVERNING DOCUMENTS OR BYLAWS ARE PROVIDED TO EACH NEW MEMBER WHEN THEY JOIN THE COOPERATIVE. SUMMARY FINANCIAL STATEMENTS ARE ALSO DISTRIBUTED AT OUR ANNUAL MEMBER MEETING AND PUBLISHED IN THE TENNESSEE MAGAZINE. FORM 990, PART VII SECTION A, 1A: AMOUNTS IN COLUMN D, REPORTABLE COMPENSATION, INCLUDE TAXABLE BENEFITS SUCH AS TAXABLE LIFE INSURANCE BENEFITS AND TAXABLE TRANSPORTATION FRINGE BENEFITS. AMOUNTS IN COLUMN F INCLUDE NON-TAXABLE BENEFITS SUCH AS COMPANY PAID MEDICAL AND DENTAL INSURANCE PREMIUMS AND 401K RETIREMENT PLAN CONTRIBUTIONS. ALSO INCLUDED IN COLUMN F IS AN INCREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PENSION PLAN, AS DETERMINED BY THE PLAN ACTUARIES.