POWELL VALLEY ELECTRIC COOPERATIVE: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: POWELL VALLEY ELECTRIC COOPERATIVE (EIN 54-0345615)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-02-17
IRS object ID: 201400489349301230
Schema version: 2012v2.3
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
Form 990
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-02-17T14:15:09-06:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RODEFER MOSS & CO PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	185 SERRAL DRIVE	AddressLine1
City	GREENEVILLE	City
State	TN	State
ZIP Code	37745	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	540345615	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	POWELL VALLEY ELECTRIC COOPERATIVE	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	POWE	NameControl
Phone	4236260703	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1528	AddressLine1
City	NEW TAZEWELL	City
State	TN	State
ZIP Code	378241528	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	RANDELL MEYERS	Name
Title	CEO	Title
Phone	4236260703	Phone
Date Signed	2014-02-17	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	KENNETH A BENSON	Name
Phone	4236388144	Phone
Date Prepared	2014-02-17	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	RANDELL MEYERS	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1528	AddressLine1
City	NEW TAZEWELL	City
State	TN	State
ZIP Code	378241528	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	61033031	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.PVE.COOP	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1940	YearFormation
State Legal Domicile	TN	StateLegalDomicile
Activity Or Mission Description	DISTRIBUTION OF TVA-GENERATED POWER.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	84	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	55354470	ProgramServiceRevenuePriorYear
Program Service Revenue CY	58520032	ProgramServiceRevenueCY
Investment Income Prior Year	200648	InvestmentIncomePriorYear
Investment Income Current Year	258455	InvestmentIncomeCurrentYear
Other Revenue Prior Year	1927814	OtherRevenuePriorYear
Other Revenue Current Year	2254544	OtherRevenueCurrentYear
Total Revenue Prior Year	57482932	TotalRevenuePriorYear
Total Revenue Current Year	61033031	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	2981844	SalariesEtcPriorYear
Salaries Etc Current Year	3126816	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	2480	TotalFundrsngExpCurrentYear
Other Expense Prior Year	52179377	OtherExpensePriorYear
Other Expenses Current Year	54926119	OtherExpensesCurrentYear
Total Expenses Prior Year	55161221	TotalExpensesPriorYear
Total Expenses Current Year	58052935	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	2321711	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	2980096	RevenuesLessExpensesCY
Total Assets BOY	85427839	TotalAssetsBOY
Total Assets EOY	85534076	TotalAssetsEOY
Total Liabilities BOY	38093511	TotalLiabilitiesBOY
Total Liabilities EOY	35219986	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	47334328	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	50314090	NetAssetsOrFundBalancesEOY
Mission Description	DISTRIBUTION OF TVA-GENERATED POWER.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	54356295	Expense
Description	ELECTRIC COOPERATIVE IN CONJUNCTION WITH RUS PROGRAMS, DISTRIBUTION OF TVA GENERATED POWER.	Description
Total Program Service Expense	54356295	TotalProgramServiceExpense
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	false	ScheduleORequired
Number Forms Transmitted With1096	29	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	84	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Gross Income From Members	58520032	GrossIncomeFromMembers
Gross Income Other Sources	2512999	GrossIncomeOtherSources
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	9	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	false	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	COOPERATIVE BOOKKEEPER	NamePerson
Telephone Number	4236260703	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1528	AddressLine1
City	NEW TAZEWELL	City
State	TN	State
ZIP Code	37824	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (14 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Highest Compensated EmployeeHighestCompensatedEmployee
GARY L RUSSELL
DIRECTOR	1.00	X	16010	0	0
JOHN A SHORT
DIRECTOR	1.00	X	16010	0	0
DAVID T KINDLE
VICE PRESIDE	2.00	X	11176	0	0	X
MICHAEL SHOCKLEY
DIRECTOR	1.00	X	11101	0	0
DALE E MCNIEL
DIRECTOR	1.00	X	11026	0	0
EDWIN G ROBERTSON
SEC/TREASURE	1.00	X	10876	0	0	X
ROGER A BALL
PRESIDENT	4.00	X	7054	0	0	X
J ALLEN PARKEY
DIRECTOR	1.00	X	6185	0	0
MIKEL R SHARP
DIRECTOR	1.00	X	6110	0	0
RANDELL W MEYERS
CEO	40.00		180257	0	12419	X
BOBBY JOHNSON
FIRST CLASS	58.00		118852	0	32868		X
RONNIE WILLIAMS
SUPERVISOR	40.00		116797	0	11729		X
GARY HATFIELD
DIR. OF SPEC	40.00		103212	0	16660		X
JO ANN DILLINGHAM
DIR. OF ACCT	40.00		101736	0	35824		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	716402	TotalReportableCompFromOrg
Total Other Compensation	109500	TotalOtherCompensation
Number Individuals GT100 K	5	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (3 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
WOLFE TREE SERVICE
1075 MCANALLY ROAD	KNOXVILLE	TN	37881	CLEARING	1632069
LINE CONTRACTING
PO DRAWER D	BROWNSTOWN	IN	47220	CONSTRUCTION	442710
LEE COUNTY TREE SERVICE
PO BOX 176	JONESVILLE	VA	24263	CLEARING	412317

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	3	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
ELECTRIC SALES REVENUE	221000	58167378	58167378
MISC ELECTRIC REVENUE	221000	352654	352654

Field	Value	IRS element (for citing)
Total Program Service Revenue	58520032	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	258455	TotalRevenueColumn
Related Or Exempt Function Income	258455	RelatedOrExemptFunctionIncome

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	2254544	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	2254544	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	2254544	TotalRevenueColumn
Related Or Exempt Function Income	2254544	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	61033031	TotalRevenueColumn
Related Or Exempt Function Income	61033031	RelatedOrExemptFunctionIncome

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	275805	Total
Management And General	275805	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	2835631	Total
Program Services	2392025	ProgramServices
Management And General	443606	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	15380	Total
Program Services	12974	ProgramServices
Management And General	2406	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	8853	Total
Program Services	8853	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	21742	Total
Program Services	21742	ProgramServices

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	46673	Total
Program Services	46673	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	40326	Total
Program Services	40326	ProgramServices

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	32326	Total
Program Services	32326	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	1022429	Total
Program Services	1022429	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	3709455	Total
Program Services	3709455	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	97067	Total
Program Services	97067	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
PURCHASED POWER	43667620	43667620
OPERATING EXPENSE	4698883	1760296	2938587
MAINTENANCE	1326358	1292602	33756
ASSOCIATION FEES	156881	156881

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	97506	Total
Program Services	95026	ProgramServices
Fundraising	2480	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	58052935	Total
Program Services	54356295	ProgramServices
Management And General	3694160	ManagementAndGeneral
Fundraising	2480	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	1900	BOY
EOY	1900	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	5617516	BOY
EOY	7101301	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	4276526	BOY
EOY	3824086	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	300000	BOY
EOY	353028	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	1082138	BOY
EOY	848185	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	803540	BOY
EOY	412745	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	113218764	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	50303818	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	64229544	BOY
EOY	62914946	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	2842234	BOY
EOY	2509837	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	6274441	BOY
EOY	7568048	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	85427839	BOY
EOY	85534076	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	8750663	BOY
EOY	8334581	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	21878343	BOY
EOY	19515181	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	7464505	BOY
EOY	7370224	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	38093511	BOY
EOY	35219986	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

Field	Value	IRS element (for citing)
BOY	118985	BOY
EOY	118650	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	47215343	BOY
EOY	50195440	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	47334328	BOY
EOY	50314090	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	85427839	BOY
EOY	85534076	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	2980096	ReconcilationRevenueExpenses
Reconcilation Other Changes	-334	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	113218764	OtherCostOrOtherBasis
Depreciation	50303818	Depreciation
Book Value	62914946	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	62914946	TotalOfBookValueLandBuildings

Other Assets OtherAssets (2 entries)

DescriptionDescription	Book ValueBookValue
OTHER CURRENT ASSETS	4290169
CONSERVATION LOAN RECEIVABLES	3277879

Field	Value	IRS element (for citing)
Total Book Value Other Assets	7568048	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
POST-RETIREMENT BENEFITS	$4,345,842
TVA INSULATION PROGRAM	$3,024,382

Field	Value	IRS element (for citing)
Total Of Amounts	7370224	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	61030551	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	61030551	RevenueSubtotal
Other Revenues Not Included	2480	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	2480	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	61033031	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	58050455	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	58050455	ExpensesSubtotal
Other Expenses Not Included	2480	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	2480	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	58052935	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
REVENUE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 4B	DONATION EXP RECORDED AS REVENUE OFFSET ON FIN ST 2,480
EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XII, LINE 4B	DONATION EXP RECORDED AS REVENUE OFFSET ON FIN ST 2,480

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Other Compensation Filing OrgOtherCompensationFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
RANDELL W MEYERS
CEO	175867	4390	12419	192676
BOBBY JOHNSON
FIRST CLASS LINEMAN	118757	95	32868	151720

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
CLASSES OF MEMBERS OR STOCKHOLDERS	FORM 990, PAGE 6, PART VI, LINE 6	CUSTOMERS ARE MEMBERS OF THE COOPERATIVE.
ELECTION OF MEMBERS AND THEIR RIGHTS	FORM 990, PAGE 6, PART VI, LINE 7A	GOVERNING BODY IS ELECTED BY COOPERATIVE MEMBERS.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	NO REVIEW WAS OR WILL BE CONDUCTED.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	NO DOCUMENTS AVAILABLE TO THE PUBLIC
RECONCILIATION OF CHANGES - OTHER	FORM 990, PART XI, LINE 9	DONATION EXP RECORDED AS REVENUE OFFSET ON FIN ST -2,480 DONATION EXP RECORDED AS REVENUE OFFSET ON FIN ST 2,480
OTHER CHANGES IN NET ASSETS EXPLANATION	FORM 990, PART XI, LINE 9	DECREASE IN MEMBERSHIPS ISSUED 334