SOUTHWEST MISSISSIPPI ELECTRIC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: SOUTHWEST MISSISSIPPI ELECTRIC (EIN 64-0244325)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-05-07
IRS object ID: 201331279349301348
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
Form 990
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-05-07T16:24:12-05:00	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	WILSON & BIGGS PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 930	AddressLine1
City	RIDGELAND	City
State	MS	State
ZIP Code	39158	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	640244325	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	SOUTHWEST MISSISSIPPI ELECTRIC	BusinessNameLine1
Business Name Line2	POWER ASSOCIATION	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	SOUT	NameControl
Phone	6014373611	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 5	AddressLine1
City	LORMAN	City
State	MS	State
ZIP Code	39096	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	PERCY MCCAA	Name
Title	GENERAL MANAGER	Title
Phone	6014373611	Phone
Date Signed	2013-05-07	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	GEORGE M BIGGS JR	Name
Phone	6019572001	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	PERCY MCCAA	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 5	AddressLine1
City	LORMAN	City
State	MS	State
ZIP Code	39096	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	56216337	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.SOUTHWESTEPA.COM	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1937	YearFormation
State Legal Domicile	MS	StateLegalDomicile
Activity Or Mission Description	MEMBER OWNED ELECTRIC COOPERATIVE.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	10	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	10	NbrIndependentVotingMembers
Total Nbr Employees	103	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	52620308	ProgramServiceRevenuePriorYear
Program Service Revenue CY	53865186	ProgramServiceRevenueCY
Investment Income Prior Year	185293	InvestmentIncomePriorYear
Investment Income Current Year	148401	InvestmentIncomeCurrentYear
Other Revenue Prior Year	1520842	OtherRevenuePriorYear
Other Revenue Current Year	2202750	OtherRevenueCurrentYear
Total Revenue Prior Year	54326443	TotalRevenuePriorYear
Total Revenue Current Year	56216337	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	909339	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	200011	BenefitsPaidToMembersCY
Salaries Etc Prior Year	701458	SalariesEtcPriorYear
Salaries Etc Current Year	677210	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	51277012	OtherExpensePriorYear
Other Expenses Current Year	53302310	OtherExpensesCurrentYear
Total Expenses Prior Year	52887809	TotalExpensesPriorYear
Total Expenses Current Year	54179531	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	1438634	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	2036806	RevenuesLessExpensesCY
Total Assets BOY	92934663	TotalAssetsBOY
Total Assets EOY	95582955	TotalAssetsEOY
Total Liabilities BOY	54490085	TotalLiabilitiesBOY
Total Liabilities EOY	54544501	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	38444578	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	41038454	NetAssetsOrFundBalancesEOY
Mission Description	MEMBER OWNED ELECTRIC COOPERATIVE.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	DISTRIBUTION OF ELECTRIC POWER TO MEMBERS.	Description
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	true	ScheduleORequired
Number Forms Transmitted With1096	20	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	103	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	52940061	GrossIncomeFromMembers
Gross Income Other Sources	2351151	GrossIncomeOtherSources
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	10	NbrVotingGoverningBodyMembers
Number Independent Voting Members	10	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	false	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	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	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	VIRGIL SCOTT	NamePerson
Telephone Number	8002878564	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	18671 HIGHWAY 61 SOUTH	AddressLine1
City	LORMAN	City
State	MS	State
ZIP Code	39090	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (13 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
BILLY K SMITH
VICE-PRESIDE	3.00	X	X	10200	0	362
JAMES A VENTRESS
DIRECTOR	5.00	X		9300	0	4868
JOHN BRADY
DIRECTOR	3.00	X		8400	0	362
CLAYTON R WOOLLEY
SECRETARY-TR	4.00	X	X	7800	0	362
FRANK WILSON
ASSISTANT SE	4.00	X		7800	0	475
JAMES P MULLINS
DIRECTOR	5.00	X		7800	0	741
BURNELL NEWSON
DIRECTOR	4.00	X		7500	0	189
GREG KITCHENS
PRESIDENT	3.00	X	X	5600	0	940
MARY R JONES
DIRECTOR	3.00	X		5000	0	4982
BETSY MOSBY
DIRECTOR	3.00	X		1500	0	60
PERCY MCCAA
GENERAL MANA	40.00		X	156299	0	174411
KEVIN BONDS
ENGINEERING	40.00		X	115890	0	33632
VIRGIL SCOTT
ACCT/FINANCE	40.00		X	75443	0	37294

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	418532	TotalReportableCompFromOrg
Total Other Compensation	258678	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
DELTA TREE SERVICE
103 STANTON PL	CLINTON	MS	39056	RIGHT OF WAY	593810
KILLEN CONTRACTORS INC
PO BOX 786	BRANDON	MS	39043	CONSTRUCTION	448779
WA KENDALL CO
PO BOX 831	LAWRENCEVILLE	GA	30246	CONSTRUCTION	339706
SOUTHERN TREE
PO BOX 711	MEADVILLE	MS	39653	RIGHT OF WAY	270521
PROGRESSIVE SOLUTIONS
PO BOX 1130	MARSHALL	AR	72650	CONSTRUCTION	257075

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	9	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount
OPERATING REVENUES-MEMBER	53388044	53388044
OPERATING REVENUES-NON-MEMBER	477142		$477,142

Field	Value	IRS element (for citing)
Total Program Service Revenue	53865186	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	148401	TotalRevenueColumn
Exclusion	$148,401	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
PATRONAGE CAPITAL	2206915	2206915
OTHER MEMBER INCOME	-4165	-4165

Field	Value	IRS element (for citing)
Total Other Revenue	2202750	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	56216337	TotalRevenueColumn
Related Or Exempt Function Income	55590794	RelatedOrExemptFunctionIncome
Exclusion	$625,543	ExclusionAmount

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	200011	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	677210	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	91137	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	1925740	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	2801332	Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal
COST OF POWER	38764519
DISTRIBUTION - MAINTENANC	4516066
DISTRIBUTION - OPERATIONS	2533869
CONSUMER ACCOUNTS	1630524

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	1039123	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	54179531	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	737217	BOY
EOY	783678	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	782222	BOY
EOY	582222	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	3983629	BOY
EOY	4203771	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	1089500	BOY
EOY	1029627	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	3385233	BOY
EOY	2805861	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	97574245	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	28993929	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	68191449	BOY
EOY	68580316	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	14765413	BOY
EOY	17597480	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	92934663	BOY
EOY	95582955	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	7050942	BOY
EOY	7163867	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	41106227	BOY
EOY	41020409	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	6332916	BOY
EOY	6360225	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	54490085	BOY
EOY	54544501	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	102330	BOY
EOY	102505	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	38342248	BOY
EOY	40935949	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	38444578	BOY
EOY	41038454	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	92934663	BOY
EOY	95582955	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	2036806	ReconcilationRevenueExpenses
Reconcilation Other Changes	557070	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)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	97574245	OtherCostOrOtherBasis
Depreciation	28993929	Depreciation
Book Value	68580316	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	68580316	TotalOfBookValueLandBuildings

Other Assets OtherAssets (3 entries)

DescriptionDescription	Book ValueBookValue
PATRONAGE CAPITAL	16865813
DEFERRED CHARGES	715802
INTEREST RECEIVABLE	15865

Field	Value	IRS element (for citing)
Total Book Value Other Assets	17597480	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	UNFUNDED DEFINED BENEFIT PLAN OBL.	Description
Amount	$6,360,225	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	6360225	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	56216337	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	56216337	RevenueSubtotal
Total Revenue Per Form990	56216337	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	53979520	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	53979520	ExpensesSubtotal
Other Expenses Not Included	200011	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	200011	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	54179531	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	PATRONAGE CAPITAL PAID TO MEMBERS-RETIREMENTS 200,011	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
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	PERCY MCCAA	NamePerson
Title	GENERAL MANAGER	Title
Base Compensation Filing Org	156299	BaseCompensationFilingOrg
Deferred Comp Filing Org	162788	DeferredCompFilingOrg
Nontaxable Benefits Filing Org	11623	NontaxableBenefitsFilingOrg
Total Compensation Filing Org	330710	TotalCompensationFilingOrg

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	OTHER ADDITIONAL INFORMATION	Identifier
Return Reference	SCHEDULE J, PART III	ReturnReference
Explanation	PERCY MCCAA'S COMPENSATION INCLUDES 162013 REPRESENTING THE CHANGE IN ACTUARIAL VALUE IN RELATED TO HIS VESTED BENEFITS IN SWMEPA'S DEFINED BENEFIT ACCOUNT.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ELECTION OF MEMBERS AND THEIR RIGHTS	FORM 990, PAGE 6, PART VI, LINE 7A	BOARD IS ELECTED BY MEMBERS.
DECISIONS SUBJECT TO APPROVAL OF MEMBERS	FORM 990, PAGE 6, PART VI, LINE 7B	MEMBERS RATIFY THE ACTIONS OF THE BOARD OF DIRECTORS AT THE ANNUAL MEETING EACH YEAR.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	THE 990 IS REVIEWED BY THE GENERAL MANAGER AND ACCOUNTING/FINANCE DIRECTOR PRIOR TO FILING. A FULL COPY OF THE 990 IS PRESENTED TO THE BOARD.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	ANNUALLY THE BOARD IS ASKED TO DISCLOSE INTERESTS THAT MIGHT GIVE RISE TO CONFLICTS. A FORM IS GIVEN TO EACH BOARD MEMBER TO FACILITATE THIS PROCESS AND DOCUMENT CONFLICTS, IF ANY.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	APPROVED BY BOARD OF DIRECTORS ANNUALLY.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY & FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC.
RECONCILIATION OF CHANGES - OTHER	FORM 990, PART XI, LINE 9	PATRONAGE CAPITAL PAID TO MEMBERS-RETIREMENTS 200,011
OTHER CHANGES IN NET ASSETS EXPLANATION	FORM 990, PART XI, LINE 9	AMORTIZATION OF ACTUARIAL GAIN 289,247 AMORTIZATION OF TRANSITION OBLIGATION 73,775 CAPITAL STOCK 175 CURTAILMENTS/SETTLEMENTS 519,273 DONATED CAPITAL 211,544 RETIREMENTS OF CAPITAL CREDITS 200,011 AMORTIZATION OF PRIOR SERVICE CREDIT 214,300 ACTUARIAL LOSS RECOGNIZED 322,644