ATCHISON-HOLT ELECTRIC COOPERATIVE: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: ATCHISON-HOLT ELECTRIC COOPERATIVE (EIN 44-0156103)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-08-08
IRS object ID: 201332209349300943
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	2013-08-08T15:27:27-05:00	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	Schmidt & Company LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	923 NE Woods Chapel Rd Suite 304	AddressLine1
City	Lees Summit	City
State	MO	State
ZIP Code	64064	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	440156103	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ATCHISON-HOLT ELECTRIC COOPERATIVE	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	ATCH	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 160	AddressLine1
City	Rock Port	City
State	MO	State
ZIP Code	64482	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	KEVIN CLARK	Name
Title	CFO	Title
Phone	6607445344	Phone
Date Signed	2013-08-08	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Roger Schmidt Jr	Name
PTIN	P01243694	PTIN
Phone	8883910229	Phone
Date Prepared	2013-08-08	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	TERRY ZEIGLER	NameOfPrincipalOfficerPerson
Gross Receipts	7836902	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1943	YearFormation
State Legal Domicile	MO	StateLegalDomicile
Activity Or Mission Description	SALE OF ELECTRICITY TO MEMBERS	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	20	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	7431084	ProgramServiceRevenuePriorYear
Program Service Revenue CY	7700648	ProgramServiceRevenueCY
Investment Income Prior Year	52827	InvestmentIncomePriorYear
Investment Income Current Year	37284	InvestmentIncomeCurrentYear
Other Revenue Current Year	98970	OtherRevenueCurrentYear
Total Revenue Prior Year	7483911	TotalRevenuePriorYear
Total Revenue Current Year	7836902	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	195301	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	451373	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	7288610	OtherExpensePriorYear
Other Expenses Current Year	7385529	OtherExpensesCurrentYear
Total Expenses Prior Year	7483911	TotalExpensesPriorYear
Total Expenses Current Year	7836902	TotalExpensesCurrentYear
Revenues Less Expenses CY	0	RevenuesLessExpensesCY
Total Assets BOY	19951438	TotalAssetsBOY
Total Assets EOY	20731441	TotalAssetsEOY
Total Liabilities BOY	12084151	TotalLiabilitiesBOY
Total Liabilities EOY	12840979	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	7867287	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	7890462	NetAssetsOrFundBalancesEOY
Mission Description	SALE OF ELECTRICITY TO MEMBERS	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	7836902	Expense
Revenue	7836902	Revenue
Description	SOLD AND DISTRIBUTED ELECTRICITY TO RURAL MEMBERS.	Description
Total Program Service Expense	7836902	TotalProgramServiceExpense
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
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	false	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
Transaction Related Entity	false	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	20	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	7544949	GrossIncomeFromMembers
Gross Income Other Sources	149511	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	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	TERRY ZEIGLER	NamePerson
Telephone Number	6607445344	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO Box 160	AddressLine1
City	Rock Port	City
State	MO	State
ZIP Code	64482	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (11 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
CRAIG HEITS
DIR	2.50	X	6300	0	0
DAVID FREDE
DIR	1.20	X	3600	0	0
DENNIS WRIGHT
DIR	1.30	X	3900	0	0
DUANE KLUTE
TREAS DIR	1.60	X	4200	0	0	X
HUGH WALLACE
SEC DIR	2.80	X	6000	0	0	X
LARRY LAUMAN
DIR	2.20	X	9300	0	0
MARVIN GUBSER
DIR	2.40	X	5700	0	0
STEVE SHOWALTER
PRES DIR	4.20	X	11100	0	0	X
WILLIAM CREED
VP DIR	2.70	X	7800	0	0	X
KEVIN CLARK
CFO	50.00		67848	0	0	X
TERRY ZEIGLER
CEO	67.00		160592	0	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	286340	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	0	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
SALE OF ELECTRICITY	221000	7428281	7428281
OTHER ELECTRIC REVS	221000	17698	17698
CAPITAL CREDITS	221000	254669	254669

Field	Value	IRS element (for citing)
Total Program Service Revenue	7700648	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	37284	TotalRevenueColumn
Exclusion	$37,284	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	MISC REVENUES	Description
Business Code	221000	BusinessCode
Total Revenue Column	98970	TotalRevenueColumn
Related Or Exempt Function Income	98970	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	98970	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	7836902	TotalRevenueColumn
Related Or Exempt Function Income	7799618	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$37,284	ExclusionAmount

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	451373	Total
Program Services	451373	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	549784	Total
Program Services	549784	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	543890	Total
Program Services	543890	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
COST OF PURCHASED POWER	4017232	4017232
DISTRIBUTION EXP-OPERATI	537054	537054
DISTRIBUTION EXP-MAINTEN	834751	834751
A&G	634584	634584

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	268234	Total
Program Services	268234	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	7836902	Total
Program Services	7836902	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	1086632	BOY
EOY	587315	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	301859	BOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	640809	BOY
EOY	715571	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	525174	BOY
EOY	579979	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	150902	BOY
EOY	80241	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	20015577	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	5707167	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	13628578	BOY
EOY	14308410	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	3617484	BOY
EOY	4459925	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	19951438	BOY
EOY	20731441	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	972077	BOY
EOY	994540	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
EOY	700000	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	11112074	BOY
EOY	11146439	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	12084151	BOY
EOY	12840979	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	49185	BOY
EOY	46295	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	7818102	BOY
EOY	7844167	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	7867287	BOY
EOY	7890462	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	19951438	BOY
EOY	20731441	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	0	ReconcilationRevenueExpenses
Reconcilation Other Changes	23175	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	false	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	20015577	InvestmentCostOrOtherBasis
Depreciation	5707167	Depreciation
Book Value	14308410	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	14308410	TotalOfBookValueLandBuildings

Investments Program Related InvestmentsProgramRelated (8 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
NW ELECTRIC POWER COOP	3133894	C
NRUCFC	388213	C
FEDERATED INSURANCE	58019	C
ARKANSAS ELECTRIC COOP	119668	C
COBANK	5038	C
ROCK PORT TELEPHONE CO	36125	C
OTHER INVESTMENTS	18968	C
SPECIAL FUNDS	700000	C

Field	Value	IRS element (for citing)
Total Of Book Value Program Related	4459925	TotalOfBookValueProgramRelated
Tot Revenue Etc Audited Fincl Stmt	7836902	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	7836902	RevenueSubtotal
Total Revenue Per Form990	7836902	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	7385529	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	7385529	ExpensesSubtotal
Other Expenses Not Included	451373	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	451373	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	7836902	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII

Field	Value	IRS element (for citing)
Identifier	D12	Identifier
Return Reference	Other expenses included on Form 990 Part XII line 4b	ReturnReference
Explanation	THE COOPERATIVE LISTED THE ALLOCATION OF THE 2012 CAPITAL CREDITS TO ITS MEMBERS TO REFLECT CHANGES IN FORM 990 REPORTING INSTRUCTIONS THAT INSTRUCT PATRONAGE DIVIDENDS PAID BY 501(C)(12) ORGANIZATIONS TO THEIR MEMBERS BE REPORTED AS AN EXPENSE.	Explanation

Schedule J IRS990ScheduleJ

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	TERRY ZEIGLER	NamePerson
Title	CEO	Title
Base Compensation Filing Org	160592	BaseCompensationFilingOrg
Total Compensation Filing Org	160592	TotalCompensationFilingOrg

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
O01	Members or stockholder classes and rights Part VI line 6	Member owned electric cooperative.
O02	Member election for additional members Part VI line 7a	Each member of the cooperative shall be entitled to vote in the election of the board of directors. Board consists of 9 directors who are elected by the membership.
O03	Form 990 governing body review Part VI line 11	Management and paid preparer review drafts of form 990 prior to efiling. Board reviews annual filings at monthly meetings.
O04	Conflict of interest policy compliance Part VI line 12c	Board of directors and Management review policies annually and monthly at board meetings.
O05	CEO executive director top management comp Part VI line 15a	The Board of Directors annually review and evaluate the CEO9s performance and establish compensation level for CEO.
O06	Other officer or key employee compensation Part VI line 15b	CEO reviews and evaluates performance of all other staff and establishes compensation level for those staff in accordance with budgeted amounts reviewed anf approved by the Board of Directors.
O07	Governing documents etc available to public Part VI line 19	Governing documents and financial statements are made available to the public upon request.
O08	Explanation of other changes in net assets or fund balances Part XI line 9	Other changes in net assets include changes to Patron9s capital credits, capital credits gains, and memberships during the year.
O09	General explanation attachment	PAGE 10, PART IX, LINE 4: THE COOPERATIVE LISTED THE ALLOCATION OF THE 2012 CAPITAL CREDITS TO ITS MEMBERS TO REFLECT CHANGES IN FORM 990 REPORTING INSTRUCTIONS THAT INSTRUCT PATRONAGE DIVIDENDS PAID BY 501(C)(12) ORGANIZATIONS TO THEIR MEMBERS BE REPORTED AS AN EXPENSE.