2015-11-13T08:22:53-06:00 2014-12-31 371014232 BENNETT & MIDDENDORF LTD 901 YORK ST PO BOX 807 QUINCY IL 623060807 990 2014-01-01 370525125 SOUTHERN ILLINOIS ELECTRIC COOPERATIVE SOUT 6188273555 PO BOX 100 DONGOLA IL 62926 CHRIS L BENNETT EXECUTIVE VICE PRESIDENT 6188273555 2015-11-12 ROY E RIDDLE P01425150 2172221142 2015-11-12 2014 2016-02-25 16:41:14Z CHRIS L BENNETT PO BOX 100 DONGOLA IL 62926 29467316 0 X WWW.SIEC.ORG X 1936 IL THE PRIMARY MISSION OF THE COOPERATIVE IS TO PROVIDE ELECTRIC SERVICE TO ITS MEMBERS. 9 9 39 0 0 0 0 0 27799375 28324222 33714 35194 673039 1107900 28506128 29467316 0 0 1219843 2150751 3487028 3212286 0 0 0 22868349 24137290 27575220 29500327 930908 -33011 71089177 73324977 38574424 39228527 32514753 34096450 THE PRIMARY PURPOSE OF THE COOPERATIVE IS TO PROVIDE ELECTRIC SERVICE TO APPROXIMATELY 8,500 MEMBERS 0 0 DISTRIBUTION OF ELECTRIC ENERGY TO COOPERATIVE MEMBERS. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 39 1 0 0 0 0 0 0 0 28286472 1180844 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X CHRIS L BENNETT 6188273555 PO BOX 100 DONGOLA IL 62926 CAROLE KELLEY DIRECTOR 0.50 X 3000 0 0 G ROBERT INMAN DIRECTOR 3.70 X 5025 0 0 DAVID MARTIN DIRECTOR 5.10 X 4950 0 0 RICHARD MOSS DIRECTOR 2.70 X 2700 0 0 BOB MCINTOSH DIRECTOR 3.40 X 4050 0 0 SCOTT URY DIRECTOR 0.70 X 2925 0 0 WILLIAM LITTRELL PRESIDENT OF BOARD 0.90 X 4275 0 0 LARRY DOUGLAS VICE PRESIDENT OF BOARD 3.00 X 5925 0 0 SCOTT MILLER SECRETARY/TREASURER OF BOA 1.40 X 5550 0 0 CHRIS BENNETT EXECUTIVE VICE PRESIDENT 45.00 X 132978 0 82119 171378 0 82119 2 0 1 0 OIL FIELD TREE SERVICE PO BOX 247 WEST FRANKFORT IL 62896 LINE CONSTRUCTION 536574 HENKELS & MCCOY INC 2268 COLLECTION CENTER DRIVE CHICAGO IL 60693 LINE CONSTRUCTION 407388 NELSON TREE SERVICE INC 350 EAST DEVON DRIVE 774489 ITASCA IL 60143 LINE CONSTRUCTION 345643 ASPLUNDH TREE EXPERT CO 1700 SOLUTIONS CENTER CHICAGO IL 60677 FORESTRY SPRAYING 207874 PLANT GROWTH MANAGEMENT SYSTEMS PO BOX 214 NILES MI 49120 PREPLANNING TREE TRIMMING 104042 5 ELECTRIC SALES 221000 27987114 27987114 FORFEITED DISCOUNTS 221000 234290 234290 OTHER ELECTRIC REVENUE 221000 65068 65068 RENTS 221000 37750 37750 28324222 35194 35194 PATRONAGE CAPITAL CREDITS 221000 1107246 1107246 OTHER MISC REVENUE 221000 654 654 1107900 29467316 29394372 0 72944 2150751 171378 2815120 225788 27224 10050 99416 108393 1353122 2334606 PURCHASED POWER 16919825 DISTRIBUTION OPERATION 3713106 GENERAL ADMIN AND OTHER 1675909 CUSTOMER ACCOUNTING, SE 1069525 -3173886 29500327 96160 305707 2905072 2823426 474543 382271 384011 264281 75110864 18376397 55439922 56734467 11789469 12814825 71089177 73324977 3616057 3463055 29112988 29269612 5845379 6495860 38574424 39228527 X 0 0 925956 893203 31588797 33203247 32514753 34096450 71089177 73324977 X -33011 1614708 X 0 0 0 113324 113324 1739747 466384 1273363 4312414 2839335 1473079 68945379 15070678 53874701 56734467 NRUCFC CAPITAL TERM CERTIFICATES 1095282 C PATRONAGE CAPITAL FROM POWER SUPPLIER 10703565 C NRUCFC PATRONAGE CAPITAL 694047 C PATRONAGE CAPITAL FROM OTHERS 318819 C OTHER INVESTMENTS 3112 C 12814825 ACCUMULATED PROVISION FOR POST-RETIREMENT BENEFITS 5369591 CUSTOMER DEPOSITS 703209 UNAMORTIZED GAIN ON REACQUIRED DEBT 56106 CUSTOMER PREPAYMENTS 366954 6495860 29467316 0 29467316 0 29467316 27349576 0 27349576 2150751 2150751 29500327 PART XII, LINE 4B - OTHER ADJUSTMENTS: 2013 MARGINS ALLOCATED TO MEMBERS REQUIRED TO BE REPORTED IN PART IX 2,150,751. 0 0 0 CHRIS BENNETT EXECUTIVE VICE PRESIDENT 132978 0 0 0 0 0 60314 0 21805 0 215097 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS AN ELECTRIC DISTRIBUTION COOPERATIVE CONSISTING OF APPROXIMATELY 8,500 MEMBERS. EACH CUSTOMER OF THE COOPERATIVE RECEIVING ELECTRICAL SERVICE IS A MEMBER. FORM 990, PART VI, SECTION A, LINE 7A AN ANNUAL MEETING IS HELD AND THE MEMBERS ARE ALLOWED TO VOTE FOR DIRECTORS. EACH YEAR THE MEMBERS VOTE FOR THREE DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE COOPERATIVE MEMBERS ARE ALLOWED TO VOTE ON PROPOSED BY-LAW CHANGES DURING THE ANNUAL MEMBERSHIP MEETING. FORM 990, PART VI, SECTION B, LINE 11 BOARD MEMBERS REVIEW A COPY OF THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR AND KEY EMPLOYEE IS GIVEN A QUESTIONAIRE THAT REQUIRES THEM TO DISCLOSE ANY APPLICABLE CONFLICTS OF INTEREST. THIS IS DONE ON AN ANNUAL BASIS AND THE ENFORCEMENT IS DONE ON A PER INCIDENT BASIS, WITH ALL ASPECTS OF THE CONFLICT TAKEN INTO CONSIDERATION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS HOLDS AN EXECUTIVE SESSION MEETING TO DETERMINE AND APPROVE ALL TOP MANAGEMENT COMPENSATION. COMPARABILITY DATA IS MADE AVAILABLE FOR THEIR REVIEW. THE SAME METHOD IS USED TO DETERMINE COMPENSATION FOR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: MEMBERSHIPS RECEIVED 1,445. PATRONAGE CAPITAL CREDITS REFUNDED TO MEMBERS -503,348. OTHER COMPREHENSIVE INCOME - POST-RETIREMENT BENEFITS -34,140. PATRONAGE ALLOCATED TO MEMBERS REPORTED IN PART XI, LINE 4 2,150,751.