2014-06-23T13:08:49-05:00 2013-12-31 631035228 Jackson Thornton & Co PC P O Box 96 Montgomery AL 361010096 990 2013-01-01 590235225 Escambia River Electric Coop Inc ESCA 8506754521 PO Box 428 Jay FL 32565 Clay R Campbell General Manager 8506754521 2014-06-16 1 PATRICK COOPER P00856177 3348347660 2014-06-16 2013 2015-11-30 17:44:51Z Clay R Campbell PO Box 428 Jay FL 32565 24495948 0 X www.erec.com X 1939 FL To supply electric service to rural northwest Florida consumers. 10 10 83 0 23714 17503 0 0 22808550 24240727 24616 23757 201276 231464 23034442 24495948 0 0 437070 2179047 311810 311017 0 0 0 22342896 21986115 23091776 24476179 -57334 19769 47686097 53166685 27292191 30573781 20393906 22592904 To provide dependable electric service at competitive rates to the residents of northern Escambia County and Santa Rosa County Florida. 0 0 Utilizing 1,864 miles of electric distribution lines, Escambia River Electric Cooperative, Inc. provided 164,589,979 Kilowatt Hours of electric energy to its residential, commercial, and industrial members located in Northwest Florida. 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 0 0 0 0 0 0 1 1 0 0 1 28 0 1 83 1 1 1 0 0 0 0 22883492 1427387 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X Sonya Dooley 8506757427 3425 Hwy 4 W Jay FL 32565 Richard Hunsucker Trustee-President 5.00 X 2350 0 0 Samuel Walker Trustee-Vice President 5.00 X 1950 0 0 Radford Locklin Trustee-Secretary/Treasurer 5.00 X 3350 0 0 John M Diamond Trustee 5.00 X 1950 0 0 James E Hall Trustee 5.00 X 1950 0 0 Ed Kelley Trustee 5.00 X 1950 0 0 Ernie Hester Trustee 5.00 X 1950 0 0 Dale Westmoreland Trustee 5.00 X 1950 0 0 William Coon Trustee 5.00 X 3350 0 0 J D Powell Trustee 5.00 X 2100 0 0 Clay R Campbell General Manager/CEO 45.00 X 171043 0 43139 Sonya Dooley Director of Finance 40.00 X 54574 0 19411 248467 0 62550 1 0 1 0 Musgrove Construction Inc 8708 US 90 Live Oak FL 32060 Line Construction 681822 GDS Associates Inc 1850 Parkway Place Suite 800 Marietta GA 30067 Line Engineering 162963 2 Sales of Electricity 221000 22859778 22859778 Patronage Capital 221000 1058262 1058262 Water Sales 221000 322687 322687 24240727 23757 23757 208783 0 208783 208783 23714 185069 Non-operating income 221000 22681 22681 22681 24495948 24263408 23714 208826 X 2179047 311017 1194995 1491274 Cost of Power 13497014 General & Admin Exp 1878699 Dist Exp - Maintenance 1794187 Consumer Accounts Exp 997349 1132597 24476179 3315361 2267646 2884084 3749324 835000 775000 559959 547325 134581 1538514 54041643 18577933 32142850 35463710 7670443 8630256 143819 194910 47686097 53166685 2630629 3057393 23881254 26637575 780308 878813 27292191 30573781 X 38930 39110 0 0 20354976 22553794 20393906 22592904 47686097 53166685 X 19769 2179229 X X 0 1 X 1 0 536743 536743 53504900 18577933 34926967 35463710 Patronage Capital From Associated Organizations 8036917 C Capital Term Certificates 443830 C Other Investments in Associated Organizations 149509 C 8630256 Consumer Deposits 648196 Deferred Compensation Payable 194910 Deferred Credits 35707 878813 X Part X, Line 2: Income taxes - EREC is exempt from income taxes under Internal Revenue Code Section 501(c)(12). ERRS is subject to federal and state income taxes. Management evaluated the Cooperative's tax positions and concluded that the Cooperative had taken no uncertain tax positions that require adjustment to the financial statements. With few exceptions, the Cooperative is no longer subject to income tax examinations by the federal, state, or local tax authorities for years before 2010. X X 0 0 0 Clay R Campbell General Manager/CEO 171043 0 0 0 0 0 40040 0 3099 0 214182 0 0 0 Form 990, Part VI, Section A, line 6 Escambia River Electric Cooperative, Inc. is a not-for-profit membership organization whose members have identical voting rights and are assigned margins in accordance with the cooperative's bylaws. Form 990, Part VI, Section A, line 7a The members of Escambia River Electric Cooperative, Inc. may elect one or more members of its governing body at the annual meeting. Form 990, Part VI, Section A, line 7b The membership must approve decisions that involve substantial transfers of cooperative assets, amendments to the cooperative's bylaws, as well as other decisions requiring approval of the membership by law, the articles of incorporation, and/or the cooperative's bylaws. Form 990, Part VI, Section B, line 11 The accounting staff at Escambia River Electric Cooperative, Inc. conducted an extensive review of the Form 990 before it was presented to the board of trustees. Prior to filing the Form 990 with the Internal Revenue Service, the General Manager attended a board meeting, provided the trustees with a copy of the Form 990, and conducted a formal review of the Form 990 with the trustees. Form 990, Part VI, Section B, line 12c Each year, the trustees and key management employees receive a questionnaire to be completed and returned regarding this policy. The Director of Finance ensures that the questionnaires are returned and reviewed. Form 990, Part VI, Section B, line 15 The organization participates in a national salary and benefit survey among the rural cooperatives. The results of the survey are presented by Management annually to the organization's governing body for review. The members of the governing body then discuss the results of the survey and make a decision regarding the compensation of the officers as well as other employees. This process is reflected in the minutes of the Board of Trustees' meeting. Form 990, Part VI, Section C, line 19 Escambia River Electric Cooperative's governing documents, conflict of interest policy, and financial statements are available to the public upon request at the cooperative's main office located in Jay, Florida. Form 990, Part IX, Line 4 The instructions to the 2013 Form 990 indicate that organizations exempt from tax under Section 501(c)(12) should report patronage dividends paid to their members in Part IX, Line 4 of the Form 990. Escambia River Electric Cooperative has interpreted the words "patronage dividends paid" in the instructions to mean margins that are assigned or assignable to the members. Each year, Escambia River Electric Cooperative assigns its net margins, excluding the margins attributable to Waltnut Hill Water Works, to its members. The amount reported on Part IX, Line 4 of the Form 990 represents the portion of the 2013 net margins assigned to members. Form 990, Part XI, line 9: Increase in memberships 182. Assignment of margins to members 2,179,047. Form 990, Part XII, Line 2C Escambia River Electric Cooperative, Inc. did not change its processes of oversight and selection for the year ended December 31, 2013. Escambia River Educational Fund PO Box 428 Jay FL 32565 593530753 To provide scholarships to students FL 501(c)(3) A community trust N/A 1 Escambia River Rural Services Inc PO Box 428 Jay FL 32565 593219530 Satellite internet sales and service AL N/A C 95848 2686718 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0