2016-09-19T09:50:55-05:00 2015-12-31 BKD LLP PO BOX 3667 LITTLE ROCK AR 722033667 990 2015-01-01 710033825 CLAY COUNTY ELECTRIC COOP CORP % GALA BLANCHARD CLAY 8708573521 P O BOX 459 CORNING AR 72422 DAVID SMITH GENERAL MANAGER 8708573521 2016-09-06 true AMBER SHERRILL P00748683 5013721040 2015 2017-02-10 21:41:12Z DAVID SMITH 300 N MISSOURI AVE CORNING AR 72422 23306741 false X WWW.CLAYCOUNTYELECTRIC.COM X 1939 AR CLAY COUNTY ELECTRIC COORPERATIVE CORPORATION IS YOUR MEMBER OWNED COOPERATIVE THAT PROVIDES SAFE, AFFORDABLE, DEPENDABLE AND CONSUMER BASED UTILITY SERVICES. 9 0 70 0 0 0 0 24010295 22369930 786381 793301 260148 143510 25056824 23306741 0 0 3456194 2860011 1498718 1425738 0 0 0 20101912 19020992 25056824 23306741 0 82186577 91933758 43096976 50683894 39089601 41249864 CLAY COUNTY ELECTRIC COOPERATIVE CORPORATION IS YOUR MEMBER OWNED COOPERATIVE THAT PROVIDES SAFE, AFFORDABLE, DEPENDABLE AND CONSUMER BASED UTILITY SERVICES. false false SALES OF 174,517,139 KILOWATT HOURS OF ELECTRIC ENERGY TO ITS MEMBERS/CONSUMERS ON A NON-PROFIT BASIS. false false false false false false false false false true true false false true false false false false false false false false false false false false false false true false false false false false false false false false false false true true false false true 24 0 true 70 true false false false false false 22391480 915261 false X 9 0 false false false false true true true true true false false true true true true true true true true false AR X GALA BLANCHARD 8708573521 300 NORTH MISSOURI AVE PO BOX 45 CORNING AR 72422 X JOHN DALTON BOARD PRESIDENT 8.12 0.0 X X 24758 0 0 CHARLES RAGLIN BOARD VICE PRESIDENT 4.23 0.0 X X 16053 0 0 TODD YOUNG DIRECTOR 6.56 0.0 X 24561 0 0 FUTRELL BUTLER DIRECTOR 3.0 0.0 X 17299 0 0 REUBEN SEAY DIRECTOR 5.17 0.0 X 26955 0 0 JERRY TURNER DIRECTOR 9.38 0.0 X 24106 0 0 CONNIE PENDERGRASS SECRETARY/TREASURER 12.94 0.0 X X 23317 0 0 CARY WILSON DIRECTOR 3.63 0.0 X 21033 0 0 WADE SCHIMMING DIRECTOR 10.81 0.0 X 22942 0 0 DAVID SMITH GENERAL MANAGER 40.0 0.0 X 198682 0 123114 CLIFFORD SCOTT ROREX MANAGER OF ENGINEERING 40.0 0.0 X 101910 0 77917 501616 0 201031 2 false true false PARIC CORPORATION PO BOX 790100 ST LOUIS MO 63179 BUILDING FACILITIES 6151760 SOUTHERN ELECTRIC COMPANY PO BOX 320398 FLOWOOD MS 39232 ELECTRICAL DIST. 980894 AUBREY SILVEY ENTERPRISES INC PO BOX 890093 CHARLOTTE NC 28289 CONSTRUCTION 900094 MIDSOUTH UTILITY CONSULTANTS 3121 BARTLETT CORPORATE DRIVE STE BARTLETT TN 38133 ENGINEERING SERVICES 494967 SERVICE ELECTRIC COMPANY PO BOX 277790 ATLANTA GA 30384 SUBSTATION MAINT. 410708 8 0 ENERGY SALES 221000 22369930 22369930 22369930 771751 771751 0 0 0 0 0 21550 0 21550 21550 21550 0 0 0 OTHER CAPITAL CREDITS & PATRONAGE DIVIDENDS 900099 143510 143510 143510 23306741 22369930 936811 0 0 0 2860011 522820 0 599848 0 303070 0 0 18701 48897 0 0 0 0 42188 253334 0 0 0 0 0 0 1781983 0 1864133 152123 PURCHASED POWER 9910279 DISTRIBUTION EXP-OPER & MAINT 3310419 CUSTOMER EXPENSE 945769 TAXES 431930 261236 23306741 1458174 1249136 13104034 9457380 0 0 1156488 895725 0 0 0 0 0 0 5124953 5889677 -53857 -328688 78786924 14702471 50526575 64084453 0 0 10807037 10653698 0 0 0 0 63173 32377 82186577 91933758 952169 819945 0 0 0 0 0 0 0 0 0 0 34267739 41632580 0 0 7877068 8231369 43096976 50683894 X 190885 192530 777197 777197 38121519 40280137 39089601 41249864 82186577 91933758 X 0 2160263 X X false true X true false 64557950 14702471 49855479 14228974 14228974 64084453 ARK ELECTRIC COOP CORP 8512818 C ARK ELECTRIC COOP INC 760868 C NAT'L RURAL TELECOMM COOP 66102 C COOPERATIVE FINANCE CORP 964516 C NAT'L INFORMATION SYSTEM COOP 86808 C FEDERATED RURAL ELECTRIC INS 165006 C CLAY RANDOLPH SECURITY INC 81113 C COOPERATIVE RESPONSE CENTER 15467 C COBANK MEMBERSHIP 1000 C 10653698 0 ACCUMULATED OPERATING PROVISIO 4282083 CONSUMER DEPOSITS 949072 OTHER CURRENT & ACCRUED LIABILITIES 2717599 OTHER DEFERRED CREDITS 232873 CURRENT MATURITIES OF LONG-TER 49742 8231369 X false false false DAVID SMITH GENERAL MANAGER 178639 0 0 0 20043 0 97504 0 25610 0 321796 0 0 0 CLIFFORD SCOTT ROREX MANAGER OF ENGINEERING 99820 0 0 0 2090 0 54107 0 23810 0 179827 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THERE IS ONLY ONE CLASS OF MEMBERS. THE MEMBERS ARE THE ELECTRIC COOPERATIVE MEMBERS (CUSTOMERS). FORM 990, PART VI, SECTION A, LINE 7A THERE IS ONLY ONE CLASS OF MEMBERS. EACH MEMBER SHALL BE ENTITLED TO ONE VOTE AND NO MORE UPON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B ELECTRIC COOPERATIVE MEMBERS' APPROVAL IS REQUIRED FOR CHANGES IN THE ARTICLES OF INCORPORATION, SALES OF PROPERTY IN ANY ONE YEAR THAT EXCEEDS TEN PERCENT OF THE VALUE OF ALL PROPERTY OF THE COOPERATIVE, AND REMOVAL OF A DIRECTOR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE GENERAL MANAGER AND THE MANAGER OF FINANCE AND ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CONDUCTS PERIODIC BOARD AND OPERATIONAL POLICY REVIEWS. WITHIN THESE REVIEWS/UPDATES, THE CONFLICT OF INTEREST POLICY, PURCHASE PROCEDURES, ACCOUNTABILITY, AND OVERVIEW ARE EXAMINED. FORM 990, PART VI, SECTION B, LINE 15A & 15B LINE 15A: EACH YEAR, THE BOARD OF DIRECTORS CONDUCTS A REVIEW OF THE GENERAL MANAGER'S PERFORMANCE AND DETERMINES COMPENSATION BASED ON THE REVIEW AND COMPARABILITY DATA. LINE 15B: INTANDEM, LLC PERFORMED A REVIEW AND PRODUCED A PAY SCALE AND JOB DESCRIPTION FOR EACH EMPLOYEE. EACH YEAR THE GENERAL MANAGER REVIEWS THAT SCALE AND DETERMINES COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 ALL ORGANIZATIONAL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 4 AMOUNT NOTED ON THIS LINE RELATES TO PATRONAGE DIVIDENDS ASSIGNED AFTER 2015 TAX YEAR END FOR THE 2015 TAX YEAR. FORM 990, PART XI, LINE 9 NET MARGIN 12/31/2015 BEFORE PATRONAGE ASSIGNED $2,860,011 RETIREMENT OF PATRONAGE CAPITAL CREDITS (701,350) ACTUARIAL GAIN/LOSS 1,602 ----------- OTHER CHANGES IN NET ASSETS $2,160,263 FORM 990, PART XII, LINE 2B CLAY COUNTY ELECTRIC COOPERATIVE CORPORATION'S FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT ON A FISCAL YEAR BASIS AND THE TAX RETURN IS COMPLETED ON A CALENDAR YEAR BASIS. CLAY RANDOLPH SECURITY INC PO BOX 459 CORNING AR 72422 621677603 SECURITY SERVICE AR CCEC C CORP 14362 167825 1.00000 true false false false false false false false false false false false false false false false false false false false