2015-11-02T08:38:01-06:00 2015-06-30 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1200 MARKET STREET CHATTANOOGA TN 37402 990 2014-07-01 630052772 CULLMAN ELECTRIC COOPERATIVE CULL 2567373200 1749 EVA ROAD NE CULLMAN AL 35055 GRADY SMITH PRESIDENT & CEO 2567373200 2015-10-20 1 JERRY SMITH CPA P00104258 4237567771 2015-10-20 2014 2016-03-07 17:11:31Z GRADY W SMITH JR PO BOX 1168 CULLMAN AL 35056 115662800 0 X WWW.CULLMANEC.COM X 1936 AL CULLMAN ELECTRIC COOPERATIVE'S MISSION IS TO PROVIDE ELECTRIC SERVICE TO ITS MEMBERS. 9 9 111 0 846790 226525 0 0 57505795 112445170 117206 152462 1430594 3065168 59053595 115662800 0 0 0 0 3323384 6735888 0 0 0 53181118 104736856 56504502 111472744 2549093 4190056 187140632 188007449 95277821 91947712 91862811 96059737 CULLMAN ELECTRIC COOPERATIVE'S MISSION IS TO PROVIDE ELECTRIC SERVICE TO ITS MEMBERS LOCATED IN FOUR NORTH ALABAMA COUNTIES WHILE ADHERING TO THE FOLLOWING VALUES: COMMITMENT, ACCOUNTABILITY, RELIABILITY AND EFFICIENCY. 0 0 111472744 TO PROVIDE ELECTRIC SERVICE AND RELATED SERVICES TO MEMBERS. 111472744 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 52 0 1 111 1 1 1 0 0 0 0 112445170 3217630 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL X C JERRY WEATHERSBY 2567373200 1749 EVA ROAD NE CULLMAN AL 35055 ROBERT TIDWELL JR CHAIRPERSON 1.40 X 15940 0 0 JAMES C FIELDS JR VICE CHAIRPERSON 5.00 X 15340 0 0 LYNDA CARTER SECRETARY 8.60 X 15340 0 0 CHAD ALEXANDER TREASURER 1.00 X 15340 0 0 NEIL RAINWATER TRUSTEE 2.50 X 15340 0 0 DARYL CALVERT TRUSTEE 2.00 X 15340 0 0 LISA WEEKS TRUSTEE 4.50 X 15040 0 0 SUE REYNOLDS TRUSTEE 4.10 X 15340 0 0 DAVID HEMBREE TRUSTEE 5.70 X 15340 0 0 GRADY W SMITH JR PRESIDENT & CEO 50.00 X 198989 0 62543 C JERRY WEATHERSBY VP OF ACCOUNTING, FINANCE 45.00 X 122861 0 22919 KYLE BAGGETT VP OF ENGINEERING & OPERAT 50.00 X 129440 0 35542 GAIL NEAL VP HUMAN RESOURCES & ASSIS 45.00 X 118449 0 47421 MELISSA CARTEE VP MEMBER SERVICES 45.00 X 108882 0 29596 WILLIAM S LINK LINEMAN 55.00 X 124334 0 34384 PHILLIP WALLACE LINEMAN 55.00 X 112875 0 35965 1054190 0 268370 10 0 1 0 ASPLUNDH TREE EXPERT CO PO BOX 75090 CHARLOTTE NC 28275 RIGHT OF WAY CLEARING 1680354 DIVERSIFIED SERVICES INC 2940 HWY 31 NORTH HARTSELLE AL 35640 OVERHEAD CONTRACTOR 1073290 GOSS ELECTRIC INC 137 WOODALL ROAD DECATUR AL 35601 SUBSTATION CONTRACTOR 400183 OSMOSE UTILITIES SERVICE INC PO BOX 8000 BUFFALO NY 14267 POLE INSPECTIONS 341790 GDS ASSOCIATES INC 1850 PARKWAY PLACE SUITE 800 MARIETTA GA 30067 WORK ORDER INSPECTIONS 273300 5 ELECTRIC SALES 221122 112445170 112445170 112445170 152462 152462 2087505 1000 0 0 2087505 1000 2088505 2088505 CONTRACT BILLINGS 541519 846790 846790 PATRONAGE CAPITAL 900099 129873 129873 976663 115662800 112575043 846790 2240967 4621876 4621876 2114012 2114012 99253 99253 2029354 2029354 2643242 2643242 6638480 6638480 UBIT 74927 74927 COST OF POWER 82391260 82391260 DISTRIBUTION-MAINTENANC 4081445 4081445 TAXES 3858890 3858890 2920005 2920005 111472744 111472744 0 0 3238791 2362050 7520356 7768228 14445751 13742603 4176624 4590879 1034898 973091 584844 612396 223233272 71256925 149698845 151976347 2451397 2512172 3989126 3469683 187140632 188007449 20317469 18757209 66895173 64695483 8065179 8495020 95277821 91947712 X 201680 203355 0 0 91661131 95856382 91862811 96059737 187140632 188007449 X 4190056 6870 X X 0 1 X 1 0 1082550 1082550 8718254 3596605 5121649 6149333 4604010 1545323 207283135 63056310 144226825 151976347 MEMBER DEPOSITS 2644132 ADVANCE FOR CONSERVATION LOANS 4437182 POST RETIREMENT HEALTH BENEFITS 1413706 8495020 X 115662800 0 115662800 0 115662800 111472744 0 111472744 0 111472744 PART X, LINE 2: THE COOPERATIVE FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF ASC TOPIC 740, INCOME TAXES. THE COOPERATIVE HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING DISCLOSURE, AND THERE ARE NO MATERIAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS. THE COOPERATIVE'S EVALUATION WAS PERFORMED FOR TAX YEARS ENDED JUNE 30, 2012 THROUGH JUNE 30, 2015, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF JUNE 30, 2015. X 0 0 0 GRADY W SMITH JR PRESIDENT & CEO 198989 0 0 0 0 0 61067 0 3617 0 263673 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE BOARD OF TRUSTEES FORM 990, PART VI, SECTION B, LINE 11 AFTER THE FORM 990 WAS PREPARED BY THE INDEPENDENT AUDITORS, THE VICE PRESIDENT OF ACCOUNTING, FINANCE AND CONTROL PERFORMED THE INITIAL REVIEW. THE COOPERATIVE'S PRESIDENT AND CEO REVIEWED THE REPORT. A COPY WAS PROVIDED TO THE COOPERATIVE'S LEGAL COUNSEL. THE COOPERATIVE'S GOVERNING BOARD WAS PROVIDED A COPY OF THE REPORT AND REVIEWED THE REPORT AT A REGULAR BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF THE CONFLICT OF INTEREST POLICY AND A QUESTIONNAIRE IS PROVIDED ANNUALLY TO ALL TRUSTEES, APPLICABLE MANAGEMENT TEAM MEMBERS AND SELECTED EMPLOYEES TO BE RETURNED TO THE PRESIDENT AND CEO OR EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES EVALUATES THE PERFORMANCE OF THE PRESIDENT/CEO ANNUALLY. DURING THIS TIME COMPENSATION IS REVIEWED AND THE BOARD, ACTING AS THE COMPENSATION COMMITTEE, MAKES THEIR RECOMMENDATION. FORM 990, PART VI, SECTION C, LINE 19 CULLMAN ELECTRIC COOPERATIVE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST THROUGH THE OFFICE OF THE VICE PRESIDENT OF ACCOUNTING, FINANCE AND CONTROL. FORM 990, PART XI, LINE 9: POST-RETIREMENT BENEFITS ADJUSTMENT 5,195. CHANGE IN MEMBERSHIPS 1,675. FORM 990, PART XII, LINE 2C: AUDIT OVERSIGHT PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. OPERATION ROUND-UP OF CULLMAN AND WINSTON COUNTIES PO BOX 1168 CULLMAN AL 350561168 631284255 EDUCATIONAL ASSISTANCE AL 501(C)3 9 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0