TALLAPOOSA RIVER ELECTRIC COOPERATIVE INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- TALLAPOOSA RIVER ELECTRIC COOPERATIVE INC (EIN 63-0205975)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-07
- IRS object ID
- 201331279349301013
- Schema version
- 2012v2.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-07T10:55:56-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRUENLOH & ASSOCIATES PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 895 | AddressLine1 |
| City | ROBERTSDALE | City |
| State | AL | State |
| ZIP Code | 36567 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 630205975 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TALLAPOOSA RIVER ELECTRIC COOP INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | TALL | NameControl |
| Phone | 3348649331 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 675 | AddressLine1 |
| City | LAFAYETTE | City |
| State | AL | State |
| ZIP Code | 36862 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LEWIS WARD | Name |
| Title | GENERAL MANAGER | Title |
| Phone | 3348649331 | Phone |
| Date Signed | 2013-05-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WAYNE A GRUENLOH | Name |
| Phone | 2519471040 | Phone |
| Date Prepared | 2013-05-07 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | LEWIS WARD | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 675 | AddressLine1 |
| City | LAFAYETTE | City |
| State | AL | State |
| ZIP Code | 36862 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 60551282 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.TREC.COOP | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1939 | YearFormation |
| State Legal Domicile | AL | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE DEPENDABLE ELECTRIC SERVICE AT THE LOWEST POSSIBLE COST. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 72 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 54466026 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 54360858 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2183668 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1949974 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 715363 | OtherRevenuePriorYear |
| Other Revenue Current Year | 22499 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 57365057 | TotalRevenuePriorYear |
| Total Revenue Current Year | 56333331 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 495233 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 549762 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 328535 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 356837 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 50981490 | OtherExpensePriorYear |
| Other Expenses Current Year | 50073275 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 51805258 | TotalExpensesPriorYear |
| Total Expenses Current Year | 50979874 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 5559799 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 5353457 | RevenuesLessExpensesCY |
| Total Assets BOY | 105863096 | TotalAssetsBOY |
| Total Assets EOY | 110818321 | TotalAssetsEOY |
| Total Liabilities BOY | 16431048 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 15839116 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 89432048 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 94979205 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO PROVIDE DEPENDABLE ELECTRIC SERVICE AT THE LOWEST POSSIBLE COST. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Description | THROUGH APPROXIMATELY 3,810 MILES OF DISTRIBUTION LINES, TALLAPOOSA RIVER ELECTRIC COOPERATIVE PROVIDED 473,014,564 KILOWATT HOURS OF ELECTRIC ENERGY TO ITS MEMBERS. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | COMPENSATION PROCESS - THE GOVERNING BODY EXAMINES STATE, REGIONAL, AND NATIONAL PAYROLL PAY SCALES AND COMPARES THEM TO THE EXISTING PAY RATES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | true | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | 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 | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 35 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 72 | 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 | 52938519 | GrossIncomeFromMembers |
| Gross Income Other Sources | 782636 | GrossIncomeOtherSources |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | 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 | true | 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 | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | 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 | MELANIE BROWN | NamePerson |
| Telephone Number | 3348649331 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15163 US HIGHWAY 431 S | AddressLine1 |
| City | LAFAYETTE | City |
| State | AL | State |
| ZIP Code | 36862 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (9 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| GERALD SHIRAH | ||||||
| VICE PRESIDE | 2.00 | X | 10875 | 11603 | 12270 | |
| JOANN FULLER | ||||||
| TRUSTEE | 6.00 | X | 16875 | 3200 | 5007 | |
| PHILLIP BRYANT | ||||||
| TRUSTEE | 8.00 | X | 19125 | 0 | 259 | |
| MARY ANN WALKER | ||||||
| TRUSTEE | 5.00 | X | 17625 | 0 | 159 | |
| BRUCE BOSWELL | ||||||
| SEC/TREAS | 7.00 | X | 17250 | 0 | 159 | |
| JOHN ADCOCK | ||||||
| TRUSTEE | 4.00 | X | 13875 | 0 | 9345 | |
| CB PARKER JR | ||||||
| PRESIDENT | 3.00 | X | 9750 | 0 | 12270 | |
| LEWIS WARD | ||||||
| GENERAL MANA | 40.00 | 151412 | 0 | 54517 | X | |
| MELANIE BROWN | ||||||
| MGR. FIN. SE | 40.00 | 100050 | 0 | 40880 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 356837 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 14803 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 134866 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ASPLUNDH TREE EXPERT CO INC | |||||
| P O BOX 532729 | ATLANTA | GA | 303532729 | RT OF WAY MAINT | 1242450 |
| DUKE'S HAULING SERVICE LLC | |||||
| 115 EVERGREEN ROAD | ATLANTA | GA | 30117 | WO CONSTRUCTION | 281259 |
| OSMOSE UTILITIES SERVICES INC | |||||
| PO BOX 8000 | BUFFALO | NY | 14267 | POLE CHECKING | 277868 |
| SOUTHEAST WOODLAND SERVICES INC | |||||
| 431 CAINES LANDING ROAD | CONWAY | SC | 29526 | RT OF WAY MAINT | 262233 |
| MUSGROVE CONSTRUCTION INC | |||||
| 8708 US 90 | LIVE OAK | FL | 32060 | WO CONSTRUCTION | 258021 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| RESIDENTIAL SALES | 38249689 | 38249689 |
| COMMERCIAL & INDUSTRIAL- LARG | 9518609 | 9518609 |
| COMMERCIAL & INDUSTRIAL- SMAL | 5170221 | 5170221 |
| MISC SERV. REV. - NON TAXABLE | 782510 | 782510 |
| POLE ATTACHMENTS | 639703 | 639703 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 126 | TotalRevenueColumn |
| Related Or Exempt Function Income | 126 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 54360858 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1986804 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1837003 | RelatedOrExemptFunctionIncome |
| Exclusion | $149,801 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4181121 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4217951 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -36830 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -36830 | TotalRevenueColumn |
| Related Or Exempt Function Income | -36830 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NON-OPERATING INCOME | Description |
| Total Revenue Column | 22499 | TotalRevenueColumn |
| Related Or Exempt Function Income | 22499 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 22499 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 56333331 | TotalRevenueColumn |
| Related Or Exempt Function Income | 56183530 | RelatedOrExemptFunctionIncome |
| Exclusion | $149,801 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 549762 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 356837 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 309625 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2662839 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| PURCHASED POWER | 37658333 |
| DIST EXP - MAINTENANCE | 3668834 |
| DIST EXP - OPERATION | 2140696 |
| CONSUMER ACCOUNTS EXP | 1753853 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1879095 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50979874 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1612733 | BOY |
| EOY | 2039157 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9719411 | BOY |
| EOY | 9892159 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6330128 | BOY |
| EOY | 6378534 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 994094 | BOY |
| EOY | 887227 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 384531 | BOY |
| EOY | 430966 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 99815239 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 25982071 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71209149 | BOY |
| EOY | 73833168 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15196835 | BOY |
| EOY | 16986122 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 416215 | BOY |
| EOY | 370988 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105863096 | BOY |
| EOY | 110818321 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5869696 | BOY |
| EOY | 5831273 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6604119 | BOY |
| EOY | 5729168 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3957233 | BOY |
| EOY | 4278675 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16431048 | BOY |
| EOY | 15839116 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 102045 | BOY |
| EOY | 104085 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89330003 | BOY |
| EOY | 94875120 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89432048 | BOY |
| EOY | 94979205 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105863096 | BOY |
| EOY | 110818321 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 5353457 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 193700 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | true | AccountantCompileOrReview |
| FS Audited | false | FSAudited |
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 99815239 | InvestmentCostOrOtherBasis |
| Depreciation | 25982071 | Depreciation |
| Book Value | 73833168 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 73833168 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVEST IN ASSOC ORG - PATRONAGE CAP | Description |
| Book Value | 16986122 | BookValue |
| Method Of Valuation | C | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 16986122 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CONSUMER DEPOSITS | $2,480,948 |
| DEFERRED CREDITS | $1,137,018 |
| BENEFITS | $660,709 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4278675 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 56333331 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 56333331 | RevenueSubtotal |
| Total Revenue Per Form990 | 56333331 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 50430112 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 50430112 | ExpensesSubtotal |
| Other Expenses Not Included | 549762 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 549762 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 50979874 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER | Identifier |
| Return Reference | SCHEDULE D, PAGE 4, PART XII, LINE 4B | ReturnReference |
| Explanation | RETIREMENT OF CAPTIAL CREDITS PAID 549,762 | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | LEWIS WARD | NamePerson |
| Title | GENERAL MANAGER | Title |
| Base Compensation Filing Org | 148075 | BaseCompensationFilingOrg |
| Bonus Filing Org | 1000 | BonusFilingOrg |
| Other Compensation Filing Org | 2337 | OtherCompensationFilingOrg |
| Deferred Comp Filing Org | 14423 | DeferredCompFilingOrg |
| Nontaxable Benefits Filing Org | 40094 | NontaxableBenefitsFilingOrg |
| Total Compensation Filing Org | 205929 | TotalCompensationFilingOrg |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (13 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ADDITIONAL INFORMATION | FORM 990 | PART IX, LINE 4 - RETIREMENT OF CAPITAL CREDITS DISCLOSED REPRESENT THE RETIREMENT OF PATRONAGE CAPITAL ALLOCATED IN PRIOR YEARS WHICH WERE PAID TO MEMBERS IN THE CURRENT YEAR. |
| ALL OTHER ACCOMPLISHMENT DESCRIPTION | FORM 990, PAGE 2, PART III, LINE 4D | COMPENSATION PROCESS - THE GOVERNING BODY EXAMINES STATE, REGIONAL, AND NATIONAL PAYROLL PAY SCALES AND COMPARES THEM TO THE EXISTING PAY RATES. |
| CLASSES OF MEMBERS OR STOCKHOLDERS | FORM 990, PAGE 6, PART VI, LINE 6 | MEMBER OWNED COOPERATIVE. |
| ELECTION OF MEMBERS AND THEIR RIGHTS | FORM 990, PAGE 6, PART VI, LINE 7A | EACH MEMBER HAS ONE VOTE PER TRUSTEE DISTRICT. |
| DECISIONS SUBJECT TO APPROVAL OF MEMBERS | FORM 990, PAGE 6, PART VI, LINE 7B | BY-LAW CHANGES ARE APPROVED BY THE MEMBERS PRESENT AT THE ANNUAL MEETING IF A QUORUM IS MET. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | A COPY OF THE FORM 990 WILL BE PRESENTED TO THE BOARD AT A REGULARLY SCHEDULED MEETING. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | THE MEMBERS OF THE GOVERNING BODY AS WELL AS THE OFFICERS MUST DISCLOSE, ANNUALLY, ANY CONFLICTS OF INTEREST ON A QUESTIONNAIRE. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | THE GOVERNING BODY EXAMINES STATE, REGIONAL, AND NATIONAL PAYROLL PAY SCALES AND COMPARES THEM TO THE EXISTING PAY RATES. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | THE GOVERNING BODY EXAMINES STATE, REGIONAL, AND NATIONAL PAYROLL PAY SCALES AND COMPARES THEM TO THE EXISTING PAY RATES. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | THESE DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE COOPERATIVE'S MAIN OFFICE. ALSO, A MEMBERSHIP PACKET WITH RULES AND REGULATIONS AND BY-LAWS IS MAILED TO EACH NEW MEMBER. A COPY OF THE AUDITED BALANCE SHEET, STATEMENT OF REVENUE AND PATRONAGE CAPITAL, AND THE STATEMENT OF CASH FLOWS ARE INCLUDED IN THE OFFICIAL NOTICE OF ANNUAL MEMBERSHIP MEETING AND PROGRAM MAILED TO EACH MEMBER IN JULY. |
| ADDITIONAL INFORMATION | FORM 990, PART XI | LINE 2B: THE COOPERATIVE RECEIVES AUDITED FINANCIAL STATEMENTS FROM THE FISCAL YEAR ENDED SEPTEMBER 30TH. IT PREPARES ITS TAX RETURN ON A CALENDAR YEAR BASIS ENDING ON DECEMBER 31ST. FORM 990, PART IX, LINE 22: THE COOPERATIVE FOLLOWS THE RUS RECOMMENDATION OF COMPUTING DEPRECIATION UNDER A STRAIGHT-LINE METHOD WITH ANNUAL COMPOSITE RATES, WHICH AMORTIZE THE ORIGINAL COST OF EACH CLASS OR GROUP OF PROPERTY OVER ITS ESTIMATED USEFUL SERVICE LIFE. SIMILARLY, THE BOOK COST OF LIMITED-TERM PLANT IS AMORTIZED EVENLY OVER THE PERIOD OF BENEFIT TO THE COOPERATIVE. |
| RECONCILIATION OF CHANGES - OTHER | FORM 990, PART XI, LINE 9 | RETIREMENT OF CAPTIAL CREDITS PAID 549,762 |
| OTHER CHANGES IN NET ASSETS EXPLANATION | FORM 990, PART XI, LINE 9 | CAPITAL CREDITS UNCLAIMED 140,082 MEMBERSHIPS 2,040 OTHER COMPREHENSIVE GAIN ON INVESTMENTS 91,338 UTILITY TAX REFUND 133,211 FAS 158 ADJUSTMENT 172,971 RETIREMENT OF CAPITAL CREDITS 549,762 |