STRATEGY STUDIO / PUBLIC DATA EXPLORER

OKLAHOMA ELECTRIC COOPERATIVE: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
OKLAHOMA ELECTRIC COOPERATIVE (EIN 73-0382745)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-05-13
IRS object ID
201501339349304195
Schema version
2014v5.0
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

FieldValueIRS element (for citing)
Return2015-05-13T15:13:03-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BKD LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16120 S Yale 1400AddressLine1Txt
CityTulsaCityNm
State AbbreviationOKStateAbbreviationCd
ZIP741364223ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN730382745EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1OKLAHOMA ELECTRIC COOPERATIVEBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% OKLAHOMA ELECTRIC COOPERATIVInCareOfNm
Business Name ControlOKLABusinessNameControlTxt
Phone4053212024PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1208AddressLine1Txt
Address Line2SuiteAddressLine2Txt
CityNORMANCityNm
State AbbreviationOKStateAbbreviationCd
ZIP73070ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJONNA BUCKPersonNm
Person TitleOFFICERPersonTitleTxt
Phone4053212024PhoneNum
Signature2015-05-03SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAnne M AdamsPreparerPersonNm
PTINP00887943PTIN
Phone4053212024PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMax A MeekPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1208AddressLine1Txt
CityNORMANCityNm
State AbbreviationOKStateAbbreviationCd
ZIP73070ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$142,226,287GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website Addresswww.okcoop.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1937FormationYr
Legal Domicile StateOKLegalDomicileStateCd
Activity Or MissionTO PROVIDE ELECTRICITY TO ITS MEMBERSActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee133TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$124,356,240PYProgramServiceRevenueAmt
CY Program Service Revenue$135,097,035CYProgramServiceRevenueAmt
PY Investment Income$306,564PYInvestmentIncomeAmt
CY Investment Income$248,529CYInvestmentIncomeAmt
PY Other Revenue$4,482,400PYOtherRevenueAmt
CY Other Revenue$6,880,723CYOtherRevenueAmt
PY Total Revenue$129,145,204PYTotalRevenueAmt
CY Total Revenue$142,226,287CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$777,386PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$818,144CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$117,234,122PYOtherExpensesAmt
CY Other Expenses$128,653,826CYOtherExpensesAmt
PY Total Expenses$118,011,508PYTotalExpensesAmt
CY Total Expenses$129,471,970CYTotalExpensesAmt
PY Revenues Less Expenses$11,133,696PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$12,754,317CYRevenuesLessExpensesAmt
Total Assets BOY$260,606,851TotalAssetsBOYAmt
Total Assets EOY$279,532,231TotalAssetsEOYAmt
Total Liabilities BOY$177,193,220TotalLiabilitiesBOYAmt
Total Liabilities EOY$186,880,635TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$83,413,631NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$92,651,596NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE ELECTRICITY TO ITS MEMBERSMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescTO PROVIDE ELECTRICITY TO ITS MEMBERSDesc
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstYes (true)ReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document307IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee133EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Members And Shr Gross Income$141,964,097MembersAndShrGrossIncomeAmt
Other Sources Gross Income$262,190OtherSourcesGrossIncomeAmt
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonOKLAHOMA ELECTRIC COOPERATIVPersonNm
Phone4053212024PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1242 24TH AVENUE NWAddressLine1Txt
CityNORMANCityNm
State AbbreviationOKStateAbbreviationCd
ZIP73069ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JOHN W JENSEN
ASSIST. SECRETARY-TREASURER11.90.0Yes (X)Yes (X)$55,952$0$0
RONNIE D GROVER
DIRECTOR5.40.0Yes (X)$31,406$0$0
RUSSELL W GRISSOM
DIRECTOR7.480.0Yes (X)$41,580$0$0
MICHAEL R ARGO
DIRECTOR5.860.0Yes (X)$19,366$0$0
FRANK K WILSON
DIRECTOR2.690.0Yes (X)Yes (X)$15,246$0$0
VERLE A BARNES
VICE PRESIDENT3.630.0Yes (X)Yes (X)$23,031$0
JAMES F MARTIN
SECRETARY-TREASURER3.870.0Yes (X)Yes (X)$21,732$0$0
HERMAN R USRY
PRESIDENT5.420.0Yes (X)Yes (X)$38,903
PERCY K MOREU
DIRECTOR7.20.0Yes (X)$30,439$0$0
MAX A MEEK
CEO/GENERAL MANAGER60.00.0Yes (X)$252,388$0$99,373
PATRICK C GRACE
VP ENGINEERING50.00.0Yes (X)$181,271$0$68,770
JONNA BUCK
VP ADMINISTRATION50.00.0Yes (X)$146,638$0$69,703
RANDAL K SIMMONS
VP OPERATIONS60.00.0$179,647$0$79,727Yes (X)
JOHN SPENCER
VP METERING60.00.0$131,183$0$72,675Yes (X)
JAMES LONG
MANAGER OF LOSS CONTROL60.00.0$129,416$0$112,178Yes (X)
Michael E Buck
MANAGER OF MAINTENANCE60.00.0$135,519$0$68,683Yes (X)
JEFFREY S STUART
MANAGER OF CONSTRUCTION60.00.0$127,263$0$115,156Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,560,980TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$686,265TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K8IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ASPLUNDH TREE EXPERT
PO BOX 890367DALLASTX75389TREE TRIMMING$3,923,042
ELECTRICAL LINE SERVICE
14200 S TULSA DRIVEOKLAHOMA CITYOK73170ELECTRICAL SERVICES$1,021,063
MEYER BROTHERS
1964 NW 12TH AVENORMANOK73072CONSTRUCTION SERVICE$1,883,657
EDKO VEGETATION MANAGERS
PO BOX 7241SHREVEPORTLA71137TREE SERVICE$669,111
MIDWESTERN ELECTRICAL CONTRACTORS
3320 SE 156TH AVENORMANOK73026ELECTRICAL SERVICES$972,814
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K8CntrctRcvdGreaterThan100KCnt
Total Contributions$0TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSales of ElectricityDesc
Business221000BusinessCd
Total Revenue Column$135,097,035TotalRevenueColumnAmt
Related Or Exempt Func Income$135,097,035RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$135,097,035TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$248,529TotalRevenueColumnAmt
Exclusion$248,529ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Capital Credits221000$6,867,062$6,867,062
Miscellaneous Revenue900099$13,661$13,661
FieldValueIRS element (for citing)
Other Revenue Total$6,880,723OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$142,226,287TotalRevenueColumnAmt
Related Or Exempt Func Income$141,977,758RelatedOrExemptFuncIncomeAmt
Exclusion$248,529ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$818,144TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$7,476,912TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$9,153,654TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
Cost of Power$83,954,469
Distribution Expense$15,208,091
Consumer Accounts Expense$3,931,511
Franchise Tax$4,000,794

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,928,395TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$129,471,970TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,743,845BOYAmt
EOY$2,778,013EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,000,000BOYAmt
EOY$3,746,702EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$13,789,755BOYAmt
EOY$10,290,013EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$464,813BOYAmt
EOY$456,880EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$19,925,728BOYAmt
EOY$20,424,745EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$266,844,629LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$82,404,800LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$178,137,398BOYAmt
EOY$184,439,829EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$41,273,666BOYAmt
EOY$47,800,283EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,271,646BOYAmt
EOY$9,595,766EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$260,606,851BOYAmt
EOY$279,532,231EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$13,768,139BOYAmt
EOY$14,170,919EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$151,252,725BOYAmt
EOY$154,048,482EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,172,356BOYAmt
EOY$18,661,234EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$177,193,220BOYAmt
EOY$186,880,635EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$197,265BOYAmt
EOY$202,395EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$5,761,809BOYAmt
EOY$6,627,054EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$77,454,557BOYAmt
EOY$85,822,147EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$83,413,631BOYAmt
EOY$92,651,596EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$260,606,851BOYAmt
EOY$279,532,231EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$12,754,317ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$3,516,352OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
CY Minus3 Yr Endwmt FundCYMinus3YrEndwmtFundGrp
CY Minus4 Yr Endwmt FundCYMinus4YrEndwmtFundGrp

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,835,706OtherCostOrOtherBasisAmt
Book Value$1,835,706BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$16,359,754OtherCostOrOtherBasisAmt
Depreciation$2,284,994DepreciationAmt
Book Value$14,074,760BookValueAmt
FieldValueIRS element (for citing)
Leasehold ImprovementsLeaseholdImprovementsGrp

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$244,275,291OtherCostOrOtherBasisAmt
Depreciation$80,119,806DepreciationAmt
Book Value$164,155,485BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,373,878OtherCostOrOtherBasisAmt
Book Value$4,373,878BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$184,439,829TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Inv in Assoc Org Patronage Cap$41,693,344C
Inv in Assoc Org Non-Gen Funds$6,106,939C
FieldValueIRS element (for citing)
Total Book Value Program Rltd$47,800,283TotalBookValueProgramRltdAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
Deferred Credits$451,071
Conversion Fee Liability$10,531,876
Accrued Expenses$200,724
POSTRETIREMENT BENEFITS$7,477,563
FieldValueIRS element (for citing)
Total Liability$18,661,234TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$142,226,287TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$142,226,287RevenueSubtotalAmt
Total Revenue Per Form990$142,226,287TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$129,471,970TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$129,471,970ExpensesSubtotalAmt
Total Expenses Per Form990$129,471,970TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line Reference1FormAndLineReferenceDesc
ExplanationTHE COOPERATIVE HAS BEEN GRANTED EXEMPTION FROM FEDERAL INCOME TAXES BY THE INTERNAL REVENUE SERVICE. THE STATE OF OKLAHOMA HAS RECOGNIZED THIS EXEMPTION FOR STATE INCOME TAXES. THE COOPERATIVE FILES INCOME TAX RETURNS IN THE FEDERAL AND STATE JURISDICTIONS. THE COOPERATIVE IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2011.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmount
MAX A MEEK
CEO/GENERAL MANAGER$209,857$0$0$42,531$0$71,999$0$27,374$0$351,761$0$0$0
PATRICK C GRACE
VP ENGINEERING$175,350$0$0$5,921$0$43,505$0$25,265$0$250,041$0$0$0
RANDAL K SIMMONS
VP OPERATIONS$171,499$0$0$8,148$0$52,280$0$27,447$0$259,374$0$0$0
JONNA BUCK
VP ADMINISTRATION$133,745$0$0$12,893$0$67,991$0$1,712$0$216,341$0$0$0
JOHN SPENCER
VP METERING$123,124$0$0$8,059$0$45,792$0$26,883$0$203,858$0$0$0
JAMES LONG
MANAGER OF LOSS CONTROL$119,180$0$0$10,236$0$87,012$0$25,166$0$241,594$0$0$0
Michael E Buck
MANAGER OF MAINTENANCE$127,312$0$0$8,207$0$43,160$0$25,523$0$204,202$0$0$0$0
JEFFREY S STUART
MANAGER OF CONSTRUCTION$114,690$0$0$12,573$0$87,864$0$27,292$0$242,419$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line Reference1FormAndLineReferenceDesc
ExplanationALL ACTIVE EMPLOYEES AND TRUSTEES ARE ELIGIBLE FOR THE HEALTH CLUB BENEFIT. THIS IS A TAXABLE FRINGE BENEFIT FOR ACTIVE EMPLOYEES AND IS REPORTED ON W2 FORM. THIS IS A TAXABLE BENEFIT FOR ACTIVE TRUSTEES AND IS REPORTED ON THE 1099 FORM.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonTracy L MowdyPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionSon-in-law of Max MeekRelationshipDescriptionTxt
Transaction$111,247TransactionAmt
TransactionEmploymentTransactionDesc
Sharing Of RevenuesfalseSharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
1THE ORGANIZATION'S MEMBERS PURCHASE ELECTRIC ENERGY FROM THE COOPERATIVE. EACH MEMBER IS ENTITLED TO ONE VOTE. CHANGES TO THE ARTICLES OF INCORPORATION AND BYLAWS REQUIRE A MAJORITY VOTE BY THE MEMBERS. IN ADDITION, THE MEMBERS ANNUALLY HOLD A MEETING TO ELECT TRUSTEES, AND TO TRANSACT SUCH OTHER BUSINESS THAT MAY COME BEFORE THE MEETING. UPON DISSOLUTION OF THE COOPERATIVE, AFTER ALL DEBTS AND LIABILITIES HAVE BEEN PAID AND ALL CAPITAL FURNISHED THROUGH PATRONAGE HAS BEEN RETIRED, THE REMAINING PROPERTY AND ASSETS OF THE COOPERATIVE SHALL BE DISTRIBUTED AMONG THE MEMBERS AND FORMER MEMBERS IN PROPORTION TO THEIR PATRONAGE. Members of the cooperative may vote on items of business at annual and district meetings provided a quorum is present.
2THE FORM 990 IS PREPARED AND REVIEWED BY AN OUTSIDE ACCOUNTING FIRM. THE FORM 990 WILL BE SENT VIA FIRST CLASS MAIL OR EMAIL TO THE BOARD OF TRUSTEES FOR REVIEW.
3A CONFLICT OF INTEREST POLICY IS REQUIRED TO BE COMPLETED BY ALL BOARD MEMBERS ANNUALLY.
4At the March Board of Trustee meeting, the trustees completed the CEO's annual evaulation and determined the amount of compensation. The meeting was documented in the Board of Trustee's minutes.
5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
6PATRONAGE CAPITAL REFUNDS (3,521,482) OTHER 5130 Total (3,516,352)

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1OEC ADVANTAGE INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1208AddressLine1Txt
CityNORMANCityNm
State AbbreviationOKStateAbbreviationCd
ZIP73070ZIPCd
FieldValueIRS element (for citing)
EIN731534035EIN
Primary ActivitiesINFO. SERVICEPrimaryActivitiesTxt
Legal Domicile StateOKLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeC CORPEntityTypeTxt
Share Of Total Income$0ShareOfTotalIncomeAmt
Share Of EOY Assets$0ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled OrganizationYes (true)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd