POWELL VALLEY ELECTRIC COOPERATIVE: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- POWELL VALLEY ELECTRIC COOPERATIVE (EIN 54-0345615)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-05-15
- IRS object ID
- 201731359349301318
- Schema version
- 2015v3.0
- 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 | 2017-05-15T08:50:24-04:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 621690032 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RODEFER MOSS & CO PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 608 MABRY HOOD RD STE 300 | AddressLine1Txt |
| City | KNOXVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 379322615 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540345615 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POWELL VALLEY ELECTRIC COOPERATIVE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | POWE | BusinessNameControlTxt |
| Phone | 4236260703 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1528 | AddressLine1Txt |
| City | NEW TAZEWELL | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 378241528 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RANDELL W MEYERS | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 4236260703 | PhoneNum |
| Signature | 2017-05-12 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JARED T HUBBARD CPA | PreparerPersonNm |
| PTIN | P01264441 | PTIN |
| Phone | 8655830091 | PhoneNum |
| Preparation | 2017-05-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RANDELL W MEYERS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1528 | AddressLine1Txt |
| City | NEW TAZEWELL | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37824 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $60,945,374 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.PVE.COOP | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1940 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | DISTRIBUTION OF TVA-GENERATED POWER. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 75 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $60,248,893 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $56,666,948 | CYProgramServiceRevenueAmt |
| PY Investment Income | $805,089 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,027,780 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,524,748 | PYOtherRevenueAmt |
| CY Other Revenue | $3,250,646 | CYOtherRevenueAmt |
| PY Total Revenue | $64,578,730 | PYTotalRevenueAmt |
| CY Total Revenue | $60,945,374 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,892,064 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,435,359 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,710 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $58,054,564 | PYOtherExpensesAmt |
| CY Other Expenses | $54,385,302 | CYOtherExpensesAmt |
| PY Total Expenses | $60,946,628 | PYTotalExpensesAmt |
| CY Total Expenses | $56,820,661 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,632,102 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,124,713 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $85,810,678 | TotalAssetsBOYAmt |
| Total Assets EOY | $86,531,712 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $28,624,874 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $25,220,803 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $57,185,804 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $61,310,909 | NetAssetsOrFundBalancesEOYAmt |
| Mission | DISTRIBUTION OF TVA-GENERATED POWER. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $53,189,102 | ExpenseAmt |
| Revenue | $60,945,374 | RevenueAmt |
| Desc | ELECTRIC COOPERATIVE IN CONJUNCTION WITH RUS PROGRAMS, DISTRIBUTION OF TVA GENERATED POWER. | Desc |
| Total Program Service Expenses | $53,189,102 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | false | ScheduleORequiredInd |
| IRP Document | 29 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 75 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Members And Shr Gross Income | $57,928,996 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $3,016,378 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | false | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RANDELL W MYERS | PersonNm |
| Phone | 4236260703 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1528 | AddressLine1Txt |
| City | NEW TAZEWELL | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37824 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| GARY L RUSSELL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $17,625 | $0 | $0 | ||
| JOHN A SHORT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $17,550 | $0 | $0 | ||
| MICHAEL SHOCKLEY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $11,930 | $0 | $0 | ||
| DAVID T KINDLE | |||||||
| VICE PRESIDE | 2.00 | Yes (X) | $11,855 | $0 | $0 | Yes (X) | |
| DALE E MCNIEL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $11,855 | $0 | $0 | ||
| ROGER A BALL | |||||||
| PRESIDENT | 2.00 | Yes (X) | $7,470 | $0 | $0 | Yes (X) | |
| JUDY ROBERTSON | |||||||
| SEC/TREASURE | 1.00 | Yes (X) | $6,507 | $0 | $0 | Yes (X) | |
| J ALLEN PARKEY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $6,507 | $0 | $0 | ||
| MIKEL R SHARP | |||||||
| DIRECTOR | 1.00 | Yes (X) | $6,432 | $0 | $0 | ||
| RANDELL W MEYERS | |||||||
| CEO | 40.00 | $208,948 | $0 | $21,400 | Yes (X) | ||
| RONNIE WILLIAMS | |||||||
| SUPERVISOR | 40.00 | $124,487 | $0 | $12,890 | Yes (X) | ||
| CHARLES GOODIN | |||||||
| ASST GENERAL | 40.00 | $123,264 | $0 | $44,989 | Yes (X) | ||
| BOBBY JOHNSON | |||||||
| FIRST CLASS | 54.00 | $122,993 | $0 | $40,622 | Yes (X) | ||
| GARY HATFIELD | |||||||
| DIR. OF SPEC | 40.00 | $118,654 | $0 | $15,449 | Yes (X) | ||
| JO ANN DILLINGHAM | |||||||
| DIR. OF ACCT | 40.00 | $114,957 | $0 | $42,683 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $911,034 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $178,033 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Business Name Line2ContractorName/BusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|
| WOLFE TREE SERVICE | ||||||
| 1075 MCANALLY ROAD | KNOXVILLE | TN | 37881 | CLEARING | $1,238,027 | |
| LEE COUNTY TREE SERVICE | ||||||
| PO BOX 176 | JONESVILLE | VA | 24263 | CLEARING | $496,765 | 431869 |
| LINE CONTRACTING | ||||||
| PO DRAWER D | BROWNSTOWN | IN | 47220 | CONSTRUCTION | $454,072 | |
| JOURNEYMAN ELECTRIC | ||||||
| 2634 JUNCTION ROAD | FLEMINGSBURG | KY | 41041 | CONSTRUCTION | $430,089 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ELECTRIC SALES REVENUE | 221000 | $56,284,911 | $56,284,911 |
| MISC ELECTRIC REVENUE | 221000 | $382,037 | $382,037 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $56,666,948 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,027,780 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,027,780 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,262,048 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,262,048 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,262,048 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,262,048 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GAIN ON TVA TRANSMISSION LINE | Desc |
| Total Revenue Column | $1,988,598 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,988,598 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,988,598 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $60,945,374 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $60,945,374 | RelatedOrExemptFuncIncomeAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $183,743 | TotalAmt |
| Management And General | $183,743 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,233,692 | TotalAmt |
| Program Services | $1,884,253 | ProgramServicesAmt |
| Management And General | $349,439 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,924 | TotalAmt |
| Program Services | $15,120 | ProgramServicesAmt |
| Management And General | $2,804 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,341 | TotalAmt |
| Program Services | $87,341 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,730 | TotalAmt |
| Program Services | $12,730 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,146 | TotalAmt |
| Program Services | $30,146 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,864 | TotalAmt |
| Program Services | $43,864 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,574 | TotalAmt |
| Program Services | $17,574 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $842,030 | TotalAmt |
| Program Services | $842,030 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,908,875 | TotalAmt |
| Program Services | $3,908,875 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,478 | TotalAmt |
| Program Services | $76,478 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PURCHASED POWER | $42,647,580 | $42,647,580 | |
| OPERATING EXPENSE | $4,880,754 | $1,828,428 | $3,052,326 |
| MAINTENANCE | $1,592,826 | $1,552,289 | $40,537 |
| OFFICE | $126,764 | $126,764 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,340 | TotalAmt |
| Program Services | $115,630 | ProgramServicesAmt |
| Fundraising | $2,710 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,820,661 | TotalAmt |
| Program Services | $53,189,102 | ProgramServicesAmt |
| Management And General | $3,628,849 | ManagementAndGeneralAmt |
| Fundraising | $2,710 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,900 | BOYAmt |
| EOY | $1,900 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,475,614 | BOYAmt |
| EOY | $9,728,253 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,267,560 | BOYAmt |
| EOY | $2,831,705 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $311,228 | BOYAmt |
| EOY | $256,535 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $530,282 | BOYAmt |
| EOY | $437,276 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $199,034 | BOYAmt |
| EOY | $629,205 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $119,234,831 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $56,931,422 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,273,002 | BOYAmt |
| EOY | $62,303,409 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,989,272 | BOYAmt |
| EOY | $3,809,394 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,762,786 | BOYAmt |
| EOY | $6,534,035 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,810,678 | BOYAmt |
| EOY | $86,531,712 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,282,323 | BOYAmt |
| EOY | $9,964,942 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,094,562 | BOYAmt |
| EOY | $7,215,485 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,247,989 | BOYAmt |
| EOY | $8,040,376 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,624,874 | BOYAmt |
| EOY | $25,220,803 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,660 | BOYAmt |
| EOY | $120,060 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,066,144 | BOYAmt |
| EOY | $61,190,849 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,185,804 | BOYAmt |
| EOY | $61,310,909 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,810,678 | BOYAmt |
| EOY | $86,531,712 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $4,124,713 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $392 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | false | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $119,234,831 | OtherCostOrOtherBasisAmt |
| Depreciation | $56,931,422 | DepreciationAmt |
| Book Value | $62,303,409 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $62,303,409 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER ASSETS(OVRD)-990 | Desc |
| Book Value | $6,534,035 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $6,534,035 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| OTHER LIABILITIES(OVRD)-990 | $8,040,376 |
| POST-RETIREMENT BENEFITS | |
| TVA INSULATION PROGRAM |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $8,040,376 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $60,942,664 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $60,942,664 | RevenueSubtotalAmt |
| Other Revenues Not Included | $2,710 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $2,710 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $60,945,374 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $56,817,951 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $56,817,951 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $2,710 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,710 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $56,820,661 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 4, PART XI, LINE 4B | DONATION EXP RECORDED AS REVENUE OFFSET ON FIN ST 2,710 |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | DONATION EXP RECORDED AS REVENUE OFFSET ON FIN ST 2,710 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| RANDELL W MEYERS | ||||
| CEO | $208,948 | $9,899 | $11,501 | $230,348 |
| CHARLES GOODIN | ||||
| ASST GENERAL MANAGER | $123,264 | $33,322 | $11,667 | $168,253 |
| BOBBY JOHNSON | ||||
| FIRST CLASS LINEMAN | $122,993 | $23,527 | $17,095 | $163,615 |
| JO ANN DILLINGHAM | ||||
| DIR. OF ACCT & FIN | $114,957 | $31,081 | $11,602 | $157,640 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | CUSTOMERS ARE MEMBERS OF THE COOPERATIVE. |
| FORM 990, PAGE 6, PART VI, LINE 7A | GOVERNING BODY IS ELECTED BY COOPERATIVE MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | NO REVIEW WAS OR WILL BE CONDUCTED. |
| FORM 990, PAGE 6, PART VI, LINE 19 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| FORM 990, PART XI, LINE 9 | INCREASE IN MEMBERSHIPS ISSUED 392 TOTAL 392 |