2014-08-07T10:32:10-05:00 2013-12-31 420714325 MCGLADREY LLP 1001 LAKESIDE AVENUE E STE 200 CLEVELAND OH 44114 990 2013-01-01 340133865 CARROLL ELECTRIC COOPERATIVE INC CARR 3306272116 PO BOX 67 CARROLLTON OH 44615 LARRY FENBERS CEO 3306272116 2014-08-06 ZACHARY FORTSCH P00052725 2165231900 2013 2015-11-30 17:44:51Z LARRY FENBERS 350 CANTON RD NW CARROLLTON OH 446158404 22598495 0 X WWW.CECPOWER.COOP/ X 1937 OH POSITIVE PEOPLE PROVIDING ESSENTIAL, RELIABLE, CONSISTENT AND AFFORDABLE ELECTRIC POWER; NOT FOR PROFIT, BUT FOR THE MEMBERS WITH THE DESIRE TO HELP THE MEMBERS AND THEIR COMMUNITIES. 9 8 30 0 0 0 0 0 21697772 22543933 20217 31240 350 11722 21718339 22586895 3200 4800 0 0 436126 404880 0 0 0 20021641 20779721 20460967 21189401 1257372 1397494 45350529 47557193 28154787 29696849 17195742 17860344 CARROLL ELECTRIC COOPERATIVE INC. PROVIDES ELECTRICITY TO ITS MEMBERS. 0 0 CARROLL ELECTRIC COOPERATIVE (CEC) HAS BEEN COMMITTED TO PROVIDING RELIABLE ELECTRIC SERVICE TO CARROLL, COLUMBIANA, HARRISON, JEFFERSON, TUSCARAWAS AND STARK COUNTIES. CEC PROVIDES ELECTRICAL SERVICE TO NEARLY 12,000 CUSTOMERS. 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 0 0 1 24 0 1 30 1 0 0 0 0 0 0 0 0 0 21940125 633370 0 X 9 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 0 0 0 OH X DEANNA SMITH 3306272116 350 CANTON RD NW CARROLLTON OH 446150067 HAROLD SUTTON PRESIDENT 6.00 X X 8300 0 0 GARY SNODE VICE-PRESIDENT 4.00 X X 6900 0 0 KEVIN TULLIS TRUSTEE 4.00 X 6550 0 0 KENNETH BROWN TRUSTEE 4.00 X 6725 0 0 WILLIAM CASPER TRUSTEE 4.00 X 6025 0 0 ROBERT MCCORT TRUSTEE 7.00 X 10250 0 0 DALE HALEY TRUSTEE 4.00 X 6700 0 0 FRANK CHIURCO TRUSTEE 4.00 X 6375 0 0 HAROLD BARBER SECRETARY/TREASURER 6.00 X X 9175 0 0 LARRY FENBERS CEO 40.00 X 208658 0 62781 275658 0 62781 1 0 1 0 ASPLUNDH TREE EXPERT COMPANY PO BOX 827464 PHILADELPHIA PA 19182 TREE CLEARING CONTRACTORS 1472480 PIKE ELECTRIC INC DEPT 517 PO BOX 1000 MEMPHIS TN 38148 ELECTRICAL CONTRACTORS 200975 THOMPSON ELECTRIC INC 49 NORTHMORELAND AVENUE MUNROE FALLS OH 44262 ELECTRICAL CONTRACTORS 125751 3 SALE OF ELECTRIC SERV 221000 21940125 21940125 PATRONAGE CAPITAL CREDITS 221000 577251 577251 OTHER CAPITAL CREDITS 221000 26557 26557 22543933 17840 17840 11417 0 11417 11417 11417 25000 11600 13400 13400 13400 305 305 305 22586895 22544238 0 42657 4800 275658 36302 50548 42372 7296 49816 155315 92490 1099002 1383853 COST OF PURCHASED POWER 12516542 DISTRIBUTION EXP-MAINT. 3895576 TAX EXPENSE 608514 CONSUMER SERVICE EXPENS 597356 373961 21189401 313490 109838 2069454 2212370 211105 1444869 49791661 15325201 33623324 34466460 8955242 9159179 177914 164477 45350529 47557193 2273123 2405066 749271 507186 22133217 26284597 2999176 500000 28154787 29696849 X 16266145 16859727 0 0 929597 1000617 17195742 17860344 45350529 47557193 X 1397494 -732892 X 0 1 X 0 0 44287 44287 751504 403715 347789 48211479 14921486 33289993 784391 784391 34466460 ENERGY RELATED INVESTMENTS 278491 F OTHER 1354714 F PATRONAGE CAPITAL 7525974 F 9159179 LINE OF CREDIT 500000 500000 X PART X, LINE 2: THE COOPERATIVE FOLLOWS THE ACCOUNTING GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE COOPERATIVE MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE COOPERATIVE, AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. AT DECEMBER 31, 2013 AND 2012 THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES. X X X 0 0 0 LARRY FENBERS CEO 182801 0 25000 0 857 0 43065 0 19716 0 271439 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS ARE ALL CUSTOMERS OF THE CO-OP AND ARE ENTITLED TO VOTE. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERS MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE 990 IS PROVIDED TO EACH BOARD MEMBER AND THEY HAVE THE OPPORTUNITY TO REVIEW IT AND ASK QUESTIONS DURING THIS MEETING. THE 990 IS FILED AFTER APPROVAL BY THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C ANY REPORTED INFORMATION IS REVIEWED BY THE GENERAL MANAGER/CEO AND THE BOARD FOR POTENTIAL CONFLICTS. THESE CONFLICTS WOULD BE DISCUSSED IN THE BOARD ROOM OR WITH LEGAL COUNSEL IF APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS 990 DATA OF OTHER SIMILAR SIZE CO-OPS TO REVIEW CEO COMPENSATION. THE BOARD ALSO UTILIZED NRECA'S 2011 COMPENSATION STUDY TO REVIEW CEO COMPENSATION FOR CO-OPS OF SIMILAR SIZE AND LOCATION. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST BY CALLING OR WRITING THE OFFICE. FORM 990, PART XI, LINE 9: CHANGE IN MEMBERSHIP FEES 350. RETIREMENT OF CAPITAL CREDITS -834,770. INCREASE IN OTHER EQUITIES 101,528. PEOPLE FOR PEOPLE FUND PO BOX 67 CARROLLTON OH 44615 341926880 FUNDING FOR THOSE IN NEED OH 501 C 3 7 CARROLL ELECTRIC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0