2015-05-11T07:36:52-05:00 2014-12-31 161117932 BUFFAMANTE WHIPPLE BUTTAFARO PC 201 WEST THIRD STREET JAMESTOWN NY 14701 990 2014-01-01 250397695 CENTRAL ELECTRIC COOPERATIVE INC CENT 7243992931 PO BOX 329/716 ROUTE 368 PARKER PA 16049 MATTHEW P BOSHAW CEO/GENERAL MANAGER 7243992931 2015-05-11 1 DAVID V DITANNA CPA P01368498 7166645104 2014 2016-02-25 16:41:14Z MATTHEW BOSHAW PO BOX 329/716 ROUTE 368 PARKER PA 16049 38985657 0 1 X WWW.CENTRAL.COOP X 1937 PA PROVISION OF ELECTRICITY DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PA 8 8 86 0 0 0 0 0 0 0 62658 74270 17844198 18957884 17906856 19032154 0 0 874999 1292366 453927 505577 0 0 0 15230667 15861609 16559593 17659552 1347263 1372602 106642858 109342649 73605443 74890458 33037415 34452191 X PROVISION OF ELECTRICITY DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNSYLVANIA. 0 0 PROVISION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNSYLVANIA PROVISION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNYSLVANIA 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 1 16 0 1 86 1 0 0 0 0 0 0 0 0 0 37408804 850944 0 X 8 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DENNIS BEGGS 7243992931 PO BOX 329 PARKER PA 16049 ALTHEA SMITH SECRETARY/TREAS 6.00 X X 13800 0 1582 BETTE WALTERS DIRECTOR 5.00 X 9475 0 1485 KENNETH D DURRETT VICE PRESIDENT 3.00 X X 7575 0 1290 RICHARD WEAVER DIRECTOR 4.50 X 10325 0 1328 JODY WEAVER PRESIDENT 6.00 X X 13325 0 84 WILLIAM EICHNER DIRECTOR 7.50 X 11200 0 1244 MARGERY TERWILLIGER FORMER DIRECTOR 6.50 X X 7275 0 400 KENNETH ETZEL DIRECTOR 6.00 X 11825 0 1245 NANCY LENDYAK DIRECTOR 5.00 X 4025 0 627 DENNIS W BEGGS CFO 40.00 X 107823 0 41541 MATTHEW BOSHAW GENERAL MANAGER 40.00 X 200638 0 57465 397286 0 108291 2 0 1 0 HAZLETT TREE SERVICE 14919 ARNOLD DRIVE TOWNVILLE PA 16360 TREE TRIMMING 1166804 TOWNSEND TREE SERVICE INC PO BOX 128 PARKER CITY IN 47368 TREE TRIMMING 676565 ASPLUNDH TREE EXPERT CO PO BOX 640032 PITTSBURGH PA 15264 TREE TRIMMING 567962 THE DAVEY TREE EXPERT CO 4576 ALLEN RD STOW OH 44224 TREE TRIMMING 231810 OSMOSE UTILITIES SERVICES INC 980 ELLICOTT STREET BUFFALO NY 14209 POLE INSPECTION 200942 5 74270 74270 13033 13033 764489 0 764489 764489 764489 37453229 19953503 17499726 17499726 PAT CAP OF ASSOC. ORGS 221000 671972 671972 EQUITY IN EARNINGS OF SUB 221000 4867 4867 OTHER 221000 3797 3797 680636 19032154 17508390 0 1523764 X 1292366 505577 1938476 3820433 DISTRIBUTION MAINTENANC 4224281 ADMINISTRATION AND GEN 2526391 DISTRIBUTION OPERATIONS 1631452 CONSUMER ACCOUNTS 1022348 698228 17659552 2986443 4454108 505901 4855079 4778601 782287 657346 2270588 2071156 121466532 33935129 86178357 87531403 9570104 9344134 106642858 109342649 5264332 3858763 63665544 66195100 4675567 4836595 73605443 74890458 X 0 0 3586413 4378334 29451002 30073857 33037415 34452191 106642858 109342649 X 1372602 42174 X 0 1 X 1 0 109840308 27535239 82305069 10493750 6399890 4093860 1132474 1132474 87531403 INVESTMENTS IN ASSOCIATED ORGANIZATIONS 9344134 C 9344134 ACCUMULATED POST RETIREMENT BENEFIT OBLIGATION 3395037 DEFERRED CREDITS 1141558 ACCUMULATED PROVISION FOR STORMS 300000 4836595 X 38985657 19953503 19953503 19032154 0 19032154 36320689 19953503 19953503 16367186 1292366 1292366 17659552 PART X, LINE 2: THE COOPERATIVE IS EXEMPT FROM TAXES ON INCOME PURSUANT TO SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. CONSEQUENTLY, THE FINANCIAL STATEMENTS REFLECT NO PROVISION FOR TAXES ON INCOME. INCOME TAX RETURNS THAT REMAIN OPEN FOR EXAMINATION BY TAXING AUTHORITIES INCLUDE 2011 AND LATER YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: POWER COST 19,953,503. PART XII, LINE 2D - OTHER ADJUSTMENTS: POWER COST 19,953,503. PART XII, LINE 4B - OTHER ADJUSTMENTS: RETIREMENT OF CAPITAL CREDIT 1,292,366. PART XII, LINE 4B ADJUSTMENTS: CAPITAL CREDIT RETIREMENTS OF $1,292,366 REPORTED ON PART IX STATEMENT OF FUNCTIONAL EXPENSES ON THE FORM 990, HOWEVER, ON THE AUDITED FINANCIAL STATEMENTS THEY ARE REPORTED AS A REDUCTION TO PATRONAGE CAPITAL. X X 0 0 0 MATTHEW BOSHAW GENERAL MANAGER 192725 0 0 0 7913 0 0 0 57465 0 258103 0 0 0 RICHARD WEAVER BOARD OF DIRECTOR 19892496 DIRECTOR IS ALSO A DIRECTOR OF ALLEGHENY ELECTRIC COOPERATIVE, WHICH IS THE WHOLESALE POWER SUPPLIER TO CENTRAL ELECTRIC COOPERATIVE. 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - MEMBERS OF RURAL ELECTRIC COOPERATIVE ARE CONSUMERS OF ELECTRICITY. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - GOVERNING BODY IS ELECTED BY MEMBERS BY BALLOT VOTE. FORM 990, PART VI, SECTION B, LINE 11 LINE 11A EXPLANATION - A COPY WILL BE INCLUDED IN THE BOARD PACKAGE FOR REVIEW PRIOR TO THE BOARD MEETING. MANAGER OF ACCOUNTING & BUSINESS DEVELOPMENT WILL REVIEW AND ANSWER ANY QUESTIONS THAT THE BOARD MAY HAVE. THE BOARD WILL VOTE ON APPROVING FORM 990 FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL REVIEW AND SIGNATURE OF CONFLICT OF INTEREST POLICIES. FORM 990, PART VI, SECTION B, LINE 15 AN OUTSIDE CONSULTANT FROM NRECA PROVIDES THE BENCHMARKS FOR THE DIFFERENT TIERS OF EMPLOYEES. THESE FIGURES ARE PROVIDED TO THE BOARD. THE BOARD THEN APPROVES THE BENCHMARKS. THE BOARD APPROVES THE CEO'S SALARY, WHILE THE CEO APPROVES THE DEPARTMENT DIRECTORS' SALARIES BASED ON THE BENCHMARKS AND THE BUDGET APPROVED BY THE BOARD. THESE BENCHMARKS ARE UPDATED EVERY FEW YEARS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE AT THE MAIN OFFICE UPON REQUEST FORM 990, PART IX, LINE 24E NET LOSS ON DISPOSITION OF ASSET 345,933. CUSTOMER SERVICE AND INFO 326,178. SALES & TAXES 26,117. FORM 990, PART XI, LINE 9: MEMBERSHIP FEES -3,190. GAIN ON RETIREMENT OF ESTATE CAPITAL CREDITS 45,364. CENTRAL ELECTRIC SERVICES CORPORATION PO BOX 329 ROUTE 368 EAST PARKER PA 16049 251869786 SATELLITE INTERNET PA CENTRAL ELECTRIC COOPERATIVE INC C 1.00000 0 COOPERATIVE SOLUTIONS INC PO BOX 329 ROUTE 368 EAST PARKER PA 16049 251822768 BUSINESS SERVICES PA CENTRAL ELECTRIC COOPERATIVE INC C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0