2025-11-17T14:34:49-06:00 2024-12-31 631035228 Jackson Thornton & Co PC PO Box 96 Montgomery AL 361010096 990 2024-01-01 630049012 Coosa Valley Electric Cooperative Inc COOS 2563624180 PO Box 837 Talladega AL 35161 Jon Cullimore General Manager 2563624180 2025-11-17 1 1 Richard B Compton P03317491 3348347660 2025-11-17 2024 2025-03-06 01:10:19Z Jon Cullimore PO Box 837 Talladega AL 35161 60472758 0 X www.coosavalleyec.com X 1939 AL Coosa Valley Electric Cooperative is a member owned and operated total energy cooperative providing economic and community development while delivering high quality services at competitive rates with competent and well-trained employees adhering to strong and ethical business practices. 7 7 81 0 3755030 0 0 0 52737375 53901519 955516 137414 4285915 6433825 57978806 60472758 12000 28500 10237509 6187674 604498 0 0 0 0 47124799 54256584 57978806 60472758 0 0 190829754 214149350 124376959 143197760 66452795 70951590 X Coosa Valley Electric Cooperative is a member owned and operated total energy cooperative providing economic and community development while delivering high quality services at competitive rates with competent and well-trained employees adhering to strong and ethical business practices. 0 0 Coosa Valley Electric Cooperative is a member-owned distribution cooperative which provides electric service to approximately 14,756 members located in Alabama. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 12 0 1 81 1 1 1 0 0 0 0 0 0 52879837 6852950 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 0 0 1 1 0 0 0 X Kim Maye 2563624180 PO Box 837 Talladega AL 35161 Mary Land Vice President 5.00 X X 17200 0 0 Marilyn George Davis President 5.00 X X 28650 0 0 Michael Hubbard Secretary/Treasurer 5.00 X X 26450 0 0 Sammy Gallman Director 5.00 X 31400 0 0 Christine Garrett Director 5.00 X 27400 0 0 Robert Dixon Director 5.00 X 27000 0 0 Dennis Brasher Director 5.00 X 27550 0 0 Kim Maye CFO 50.00 X 142321 0 1168 Jon Cullimore General Manager 50.00 X 218856 0 1168 Spencer Whisenant Mgr Engineering 50.00 X 121424 0 1168 Allen Perly Crew Chief Lineman 50.00 X 148405 0 1168 Roy Henderson Crew Chief Lineman 50.00 X 154483 0 1168 Matt Walker Crew Chief Lineman 50.00 X 159213 0 1168 Robert Smith Manager of Operations 50.00 X 155205 0 1168 1285557 0 8176 30 0 1 0 Utility Design Partners PO Box 722 Lincoln AL 35096 Fiber Internet Design 2471811 Broadband Technical Resources Inc 1531 Hunt Club Blvd Suite 210 Gallatin TN 37066 Fiber Internet Labor 2249428 Southern States Utility LLC 710 Water Oak Lane Talladega AL 35161 Fiber Internet Labor 1106919 Stewart Engineering 300 E 7th Street Anniston AL 36207 Engineering Services 383916 Ervin Cable Construction LLC 450 Pryor Blvd Sturgis KY 42459 Fiber Construction 247884 5 Electric Sales 221000 51160572 51160572 G&T and Other Cap Cred 221000 2740947 2740947 53901519 40705 40705 6214946 0 6214946 6214946 3755030 2459916 96709 0 96709 96709 96709 Non Operating Margins 221000 218879 218879 218879 60472758 53901519 3755030 2816209 X 28500 6187674 4848598 5505590 Cost of Power 29237565 Distribution Maintenanc 5856657 General and Administrat 5579090 Customer Service and In 1839953 1389131 60472758 2197453 2414014 12203034 13951214 3435919 3415060 2286221 2749408 4258 204283121 36165117 148388113 168118004 21521167 22690281 793589 811369 190829754 214149350 6100864 8606238 116140562 132306167 2135533 2285355 124376959 143197760 X 75285 76515 0 0 66377510 70875075 66452795 70951590 190829754 214149350 X 0 4498796 X 0 1 X 0 0 145129 145129 19151006 2764351 16386655 182444320 33038048 149406272 2542666 362718 2179948 168118004 Investment in Subsidary Companies 1417485 C Investment in Associated Org - Patronage Captial 25212938 C Investment in Associated Org - Other Nongeneral Funds -3940142 C 22690281 Consumer Deposits 1832050 Deferred Interest Costs 14594 Other Deferred Credits - Scholarship Donations 110577 Transportation Expense - Clearing Acct 109961 Customer Overpayments 218173 2285355 X Part X, Line 2: Management has evaluated the Cooperative's tax positions and concluded that the Cooperative has taken no uncertain tax positions that require adjustment to the consolidated financial statements. 0 Scholarships to various individuals 5 28500 X 0 0 0 Jon Cullimore General Manager 218856 0 0 0 0 0 0 0 1168 0 220024 0 0 0 Matt Walker Crew Chief Lineman 159213 0 0 0 0 0 0 0 1168 0 160381 0 0 0 Robert Smith Manager of Operations 155205 0 0 0 0 0 0 0 1168 0 156373 0 0 0 Roy Henderson Crew Chief Lineman 154483 0 0 0 0 0 0 0 1168 0 155651 0 0 0 Form 990, Part VI, Section A, line 6 The Organization is a member-owned electrical co-op under section 501(c)(12). Form 990, Part VI, Section A, line 7a Members have voting rights in accordance with the bylaws. Form 990, Part VI, Section A, line 7b The membership must approve decisions that involve substantial transfers of cooperative assets, amendments to the cooperative's bylaws, as well as other decisions requiring approval of the membership by law, the articles of incorporation, and/or the cooperative's bylaws. Form 990, Part VI, Section B, line 11b A copy of the Form 990 is provided to the organization's governing body before it is filed. The governing body reviews the return and reconciles the amounts presented to the audited financial statements. Once the organization's governing body is satisfied that the amounts presented reconcile appropriately, the return is approved by the organization's governing body for signature and mailing. Form 990, Part VI, Section C, line 19 The organization's financial statements are made available to the public upon request. Form 990, Part IX, Line 4 The instructions to the Form 990 indicate that organizations exempt under Section 501(c)(12) should report "patronage dividends paid" to their members in Part IX, Line 4 of the Form 990. Coosa Valley Electric Cooperative has interpreted the words "patronage dividends paid" in the instructions to mean margins that are assigned or assignable to the members. Coosa Valley Electric Cooperative assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assigned to the members for the fiscal year. Form 990, Part XI, line 9: Changes in membership 1,230. Capital credit gains 170,596. 4% refund allocation 24,675. Margins assigned to members 6,187,674. Equity earnings of subsidiaries -1,449,830. Retirement of Capital Credits -435,549. Coosa Valley Propane Services Inc PO Box 6107 Talladega AL 35161 631182943 Propane Gas Sales AL Coosa Valley Electric Cooperative C 1447370 4361582 1.00000 1 DeKalb County LP Gas Company Inc PO Box 6107 Talladega AL 35161 630477642 Propane Gas Sales AL Coosa Valley Propane Services Inc C 968902 1.00000 1 Coosa Valley Technologies Inc 69220 AL HWY 77 Talladega AL 35160 854060207 Telecomunications AL Coosa Valley Electric Cooperative C 6945915 5598986 1.00000 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 Coosa Valley Technologies Inc A 3755030 Cash Coosa Valley Technologies Inc E 2160000 Cash Coosa Valley Technologies Inc Q 511337 Cash