POWELL VALLEY ELECTRIC COOPERATIVE: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- POWELL VALLEY ELECTRIC COOPERATIVE (EIN 54-0345615)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-11-02
- IRS object ID
- 201633079349301333
- Schema version
- 2014v6.0
- 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 | 2016-11-02T15:05:50-05:00 | ReturnTs |
| Tax Period End | 2015-06-30 | 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 | 2014-07-01 | 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 MEYERS | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 4236260703 | PhoneNum |
| Signature | 2016-08-15 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JARED T HUBBARD CPA | PreparerPersonNm |
| PTIN | P01264441 | PTIN |
| Phone | 8655830091 | PhoneNum |
| Preparation | 2016-08-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Principal Officer | RANDELL 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 | 378241528 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $64,578,730 | 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 | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 66 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $60,517,349 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $60,248,893 | CYProgramServiceRevenueAmt |
| PY Investment Income | $325,286 | PYInvestmentIncomeAmt |
| CY Investment Income | $805,089 | CYInvestmentIncomeAmt |
| PY Other Revenue | $7,430,166 | PYOtherRevenueAmt |
| CY Other Revenue | $3,524,748 | CYOtherRevenueAmt |
| PY Total Revenue | $68,272,801 | PYTotalRevenueAmt |
| CY Total Revenue | $64,578,730 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,341,194 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,892,064 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,445 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $61,693,005 | PYOtherExpensesAmt |
| CY Other Expenses | $58,054,569 | CYOtherExpensesAmt |
| PY Total Expenses | $65,034,199 | PYTotalExpensesAmt |
| CY Total Expenses | $60,946,633 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,238,602 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,632,097 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $86,013,429 | TotalAssetsBOYAmt |
| Total Assets EOY | $85,810,678 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $32,460,407 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $28,624,874 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $53,553,022 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $57,185,804 | NetAssetsOrFundBalancesEOYAmt |
| Mission | DISTRIBUTION OF TVA-GENERATED POWER. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $59,158,106 | ExpenseAmt |
| Revenue | $64,578,730 | RevenueAmt |
| Desc | ELECTRIC COOPERATIVE IN CONJUNCTION WITH RUS PROGRAMS, DISTRIBUTION OF TVA GENERATED POWER. | Desc |
| Total Program Service Expenses | $59,158,106 | 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 | 26 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 66 | 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 | $61,713,451 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $2,865,279 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | 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 (16 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) | $15,479 | $0 | $0 | ||
| JOHN A SHORT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $15,329 | $0 | $0 | ||
| MICHAEL SHOCKLEY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $10,590 | $0 | $0 | ||
| DAVID T KINDLE | |||||||
| VICE PRESIDE | 2.00 | Yes (X) | $10,515 | $0 | $0 | Yes (X) | |
| DALE E MCNIEL | |||||||
| DIRECTOR | 2.00 | Yes (X) | $10,515 | $0 | $0 | ||
| ROGER A BALL | |||||||
| PRESIDENT | 2.00 | Yes (X) | $6,550 | $0 | $0 | Yes (X) | |
| EDWIN G ROBERTSON | |||||||
| SEC/TREASURE | 1.00 | Yes (X) | $6,465 | $0 | $0 | Yes (X) | |
| J ALLEN PARKEY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $5,868 | $0 | $0 | ||
| MIKEL R SHARP | |||||||
| DIRECTOR | 1.00 | Yes (X) | $5,793 | $0 | $0 | ||
| JUDY ROBERTSON | |||||||
| SEC/TREASURE | 1.00 | Yes (X) | $2,393 | $0 | $0 | Yes (X) | |
| RANDELL W MEYERS | |||||||
| CEO | 40.00 | $198,351 | $0 | $19,753 | Yes (X) | ||
| CHARLES GOODIN | |||||||
| ASST GENERAL | 40.00 | $119,814 | $0 | $42,574 | Yes (X) | ||
| RONNIE WILLIAMS | |||||||
| SUPERVISOR | 40.00 | $118,102 | $0 | $11,308 | Yes (X) | ||
| BOBBY JOHNSON | |||||||
| FIRST CLASS | 54.00 | $114,307 | $0 | $37,550 | Yes (X) | ||
| GARY HATFIELD | |||||||
| DIR. OF SPEC | 40.00 | $113,769 | $0 | $15,159 | Yes (X) | ||
| JO ANN DILLINGHAM | |||||||
| DIR. OF ACCT | 40.00 | $112,595 | $0 | $40,569 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $866,435 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $166,913 | 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 |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ELECTRIC SALES REVENUE | 221000 | $59,882,516 | $59,882,516 |
| MISC ELECTRIC REVENUE | 221000 | $366,377 | $366,377 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $60,248,893 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $805,089 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $805,089 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,525,993 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,525,993 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,525,993 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,525,993 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GAIN ON TVA TRANSMISSION LINE | Desc |
| Total Revenue Column | $1,998,755 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,998,755 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,998,755 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $64,578,730 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $64,578,730 | RelatedOrExemptFuncIncomeAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $287,848 | TotalAmt |
| Management And General | $287,848 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,588,512 | TotalAmt |
| Program Services | $2,009,924 | ProgramServicesAmt |
| Management And General | $578,588 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,704 | TotalAmt |
| Program Services | $15,704 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,069 | TotalAmt |
| Management And General | $84,069 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,522 | TotalAmt |
| Management And General | $19,522 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,858 | TotalAmt |
| Management And General | $22,858 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,765 | TotalAmt |
| Program Services | $37,765 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,478 | TotalAmt |
| Program Services | $23,478 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $831,584 | TotalAmt |
| Program Services | $831,584 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,847,695 | TotalAmt |
| Program Services | $3,847,695 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,513 | TotalAmt |
| Program Services | $93,513 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PURCHASED POWER | $46,465,318 | $46,465,318 | |
| OPERATING EXPENSE | $5,046,260 | $4,265,941 | $780,319 |
| MAINTENANCE | $1,362,010 | $1,349,132 | $12,878 |
| ASSOCIATION FEES | $116,250 | $116,250 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,247 | TotalAmt |
| Program Services | $101,802 | ProgramServicesAmt |
| Fundraising | $2,445 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,946,633 | TotalAmt |
| Program Services | $59,158,106 | ProgramServicesAmt |
| Management And General | $1,786,082 | ManagementAndGeneralAmt |
| Fundraising | $2,445 | 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 | $7,033,066 | BOYAmt |
| EOY | $9,475,614 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,566,148 | BOYAmt |
| EOY | $3,267,560 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $328,945 | BOYAmt |
| EOY | $311,228 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $465,726 | BOYAmt |
| EOY | $530,282 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $217,225 | BOYAmt |
| EOY | $199,034 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $115,362,671 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $54,089,669 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,887,534 | BOYAmt |
| EOY | $61,273,002 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,223,767 | BOYAmt |
| EOY | $3,989,272 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,289,118 | BOYAmt |
| EOY | $6,762,786 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,013,429 | BOYAmt |
| EOY | $85,810,678 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,042,588 | BOYAmt |
| EOY | $10,282,323 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,138,274 | BOYAmt |
| EOY | $8,094,562 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,279,545 | BOYAmt |
| EOY | $10,247,989 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,460,407 | BOYAmt |
| EOY | $28,624,874 | 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 | $118,980 | BOYAmt |
| EOY | $119,660 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,434,042 | BOYAmt |
| EOY | $57,066,144 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,553,022 | BOYAmt |
| EOY | $57,185,804 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,013,429 | BOYAmt |
| EOY | $85,810,678 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $3,632,097 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $685 | 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 | $115,362,671 | OtherCostOrOtherBasisAmt |
| Depreciation | $54,089,669 | DepreciationAmt |
| Book Value | $61,273,002 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $61,273,002 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| OTHER ASSETS(OVRD)-990 | $6,762,786 |
| CONSERVATION LOAN RECEIVABLES | |
| OTHER CURRENT ASSETS |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $6,762,786 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| OTHER LIABILITIES(OVRD)-990 | $10,247,989 |
| POST-RETIREMENT BENEFITS | |
| TVA INSULATION PROGRAM |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $10,247,989 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $64,576,285 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $64,576,285 | RevenueSubtotalAmt |
| Other Revenues Not Included | $2,445 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $2,445 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $64,578,730 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $60,944,188 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $60,944,188 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $2,445 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,445 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $60,946,633 | 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 2,445 |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | DONATION EXP RECORDED AS REVENUE OFFSET ON FIN ST 2,445 |
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 | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount |
|---|---|---|---|---|---|---|
| RANDELL W MEYERS | ||||||
| CEO | $193,947 | $4,404 | $9,698 | $10,055 | $218,104 | |
| CHARLES GOODIN | ||||||
| ASST GENERAL MANAGER | $118,875 | $939 | $32,393 | $10,181 | $162,388 | |
| BOBBY JOHNSON | ||||||
| FIRST CLASS LINEMAN | $77,419 | $108 | $22,645 | $14,905 | $151,857 | $36,780 |
| JO ANN DILLINGHAM | ||||||
| DIR. OF ACCT & FIN | $111,739 | $856 | $30,449 | $10,120 | $153,164 | |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 1, ITEM B | TO UPDATE INFORMATION REGARDING OFFICER'S COMPENSATION. |
| 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 | DONATION EXP RECORDED AS REVENUE OFFSET ON FIN ST -2,445 DONATION EXP RECORDED AS REVENUE OFFSET ON FIN ST 2,445 |
| FORM 990, PART XI, LINE 9 | INCREASE IN MEMBERSHIPS ISSUED 685 |