SOUTH CENTRAL POWER COMPANY: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- SOUTH CENTRAL POWER COMPANY (EIN 31-4311730)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-08-09
- IRS object ID
- 201332219349301333
- Schema version
- 2012v2.0
- 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 | 2013-08-09T16:25:00-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 314311730 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTH CENTRAL POWER COMPANY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SOUT | NameControl |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2780 COONPATH RD | AddressLine1 |
| City | LANCASTER | City |
| State | OH | State |
| ZIP Code | 43130 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD LEMONDS | Name |
| Title | PRESIDENTCEO | Title |
| Date Signed | 2013-08-05 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTH CENTRAL POWER COMPANY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RICHARD LEMONDS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2780 COONPATH RD | AddressLine1 |
| City | LANCASTER | City |
| State | OH | State |
| ZIP Code | 43130 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 258854596 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | true | AllAffiliatesIncluded |
| Organization501c | X | Organization501c |
| Web Site | WWW.SOUTHCENTRALPOWER.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1936 | YearFormation |
| State Legal Domicile | OH | StateLegalDomicile |
| Activity Or Mission Description | PRIMARY ACTIVITY IS THE SALE OF ELECTRICITY & OTHER SERVICES TO MEMBERS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 11 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 11 | NbrIndependentVotingMembers |
| Total Nbr Employees | 253 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 231415565 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 247304574 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 399375 | InvestmentIncomePriorYear |
| Investment Income Current Year | 327460 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1304017 | OtherRevenuePriorYear |
| Other Revenue Current Year | 11222562 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 233118957 | TotalRevenuePriorYear |
| Total Revenue Current Year | 258854596 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 9032512 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 15088703 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 23259695 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 26034689 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 200826750 | OtherExpensePriorYear |
| Other Expenses Current Year | 217731204 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 233118957 | TotalExpensesPriorYear |
| Total Expenses Current Year | 258854596 | TotalExpensesCurrentYear |
| Revenues Less Expenses CY | 0 | RevenuesLessExpensesCY |
| Total Assets BOY | 395888765 | TotalAssetsBOY |
| Total Assets EOY | 408946646 | TotalAssetsEOY |
| Total Liabilities BOY | 174674910 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 180689226 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 221213855 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 228257420 | NetAssetsOrFundBalancesEOY |
| Mission Description | PROVIDE COST EFFECTIVE QUALITY ELECTRIC AND OTHER SERVICES TO ITS CUSTOMERS AND COMMUNITIES THROUGH INTEGRITY COMMITMENT AND ACCOUNTABILITY. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Description | SALE OF ELECTRICITY AND OTHER SERVICES TO MEMBERS. | Description |
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| 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 | 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 |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| 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 | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 41 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 253 | 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 | 222775163 | GrossIncomeFromMembers |
| Gross Income Other Sources | 24529411 | GrossIncomeOtherSources |
| Filed Lieu1041 | false | FiledLieu1041 |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 11 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 11 | 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 | true | WhistleblowerPolicy |
| Document Retention Policy | true | 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 | MARK MCCRADY | NamePerson |
| Telephone Number | 1800282506 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2780 COONPATH RD | AddressLine1 |
| City | LANCASTER | City |
| State | OH | State |
| ZIP Code | 43130 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (21 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| KENNETH D DAVIS | |||||||||
| CHAIRMANTRUSTEE | 2 | X | X | 25060 | 0 | 0 | |||
| RICHARD C POLING | |||||||||
| VICE CHAIRMANTRUSTEE | 3 | X | X | 24380 | 0 | 0 | |||
| THOMAS F LAMB | |||||||||
| SECRETARYTRUSTEE | 3 | X | X | 17304 | 0 | 0 | |||
| JAMES D EVANS | |||||||||
| TREASURERTRUSTEE | 3 | X | X | 24907 | 0 | 0 | |||
| MIKE HUMMEL | |||||||||
| ASST. VICE CHAIRMANTRUSTEE | 4 | X | X | 24680 | 0 | 0 | |||
| LAWRENCE KOBI | |||||||||
| ASST. SECRETARYTRUSTEE | 4 | X | X | 25560 | 0 | 0 | |||
| HARLOD E COOPER | |||||||||
| ASST. TREASURERTRUSTEE | 12 | X | X | 33607 | 0 | 0 | |||
| ALAN GABRIEL | |||||||||
| TRUSTEE | 4 | X | 7900 | 0 | 0 | ||||
| MICHAEL VINKA | |||||||||
| TRUSTEE | 4 | X | 17104 | 0 | 0 | ||||
| STEPHEN A JOHNSON | |||||||||
| TRUSTEE | 2 | X | 24607 | 0 | 0 | ||||
| FRANKLIN LUCAS | |||||||||
| TRUSTEE | 4 | X | 24907 | 0 | 0 | ||||
| RICHARD LEMONDS | |||||||||
| PRESIDENTCEO | 50 | X | 278188 | 0 | 103329 | ||||
| RALPH E LUFFLER | |||||||||
| PRESIDENTCEO | 40 | X | 1141649 | 0 | 87548 | ||||
| AJIT KADAKIA | |||||||||
| EXECUTIVE VICE PRESIDENT | 40 | 226781 | 0 | 79908 | X | ||||
| JIM MEYERS | |||||||||
| VICE PRESIDENT OPERATIONS | 50 | 141793 | 0 | 96546 | X | ||||
| SUSAN EVERLY | |||||||||
| VICE PRESIDENT HUMAN RESOURCES | 42 | 131802 | 0 | 46317 | X | ||||
| CATHY BITLER | |||||||||
| VICE PRESIDENT ADMINISTRATION | 43 | 128119 | 0 | 65028 | X | ||||
| EDSON KINDLER | |||||||||
| VICE PRESIDENT CUSTOMER SERVICE | 50 | 112534 | 0 | 8036 | X | ||||
| TIM MALONE | |||||||||
| DIRECTOR OF ENGINEERING | 50 | 102076 | 0 | 68605 | X | ||||
| CHUCK MALONEY | |||||||||
| AREA LINE SUPERVISOR | 55 | 100881 | 0 | 55476 | X | ||||
| JOHN SAYRE | |||||||||
| VICE PRESIDENT OPERATIONS | 140050 | 0 | 0 | X | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2753889 | TotalReportableCompFromOrg |
| Total Other Compensation | 610793 | TotalOtherCompensation |
| Number Individuals GT100 K | 10 | NumberIndividualsGT100K |
| Formers Listed | true | 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 | |||||
| 1700 SOLUTIONS CENTER | CHICAGO | IL | 60677 | RIGHT OF WAY CLEARING | 7591337 |
| DAVIS H ELLIOT | |||||
| 951 ENTERPRISE DR | LEXINGTON | KY | 40510 | FACILITIES CONSTRUCTION | 1996618 |
| ABLE POWER CO | |||||
| 104 REGAL DRIVE | MORGANTOWN | WV | 26501 | FACILITIES CONSTRUCTION | 1159851 |
| DATA IMAGE | |||||
| 2345 GRATIOT RD | NEWARK | OH | 43056 | BILL & DOCUMENT PRINTING | 718659 |
| ALL UTILITIES EXCAVATING INC | |||||
| 7630 PINE GROVE RD | AMANDA | OH | 43102 | FACILITIES CONSTRUCTION | 616666 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 17 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SALE OF ELECTRICITY & OTHER SERVICES | Description |
| Business Code | 221000 | BusinessCode |
| Total Revenue Column | 247304574 | TotalRevenueColumn |
| Related Or Exempt Function Income | 247304574 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 247304574 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 327460 | TotalRevenueColumn |
| Exclusion | $327,460 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| GEN & TRANS CAPITAL CREDITS | 221000 | 9937955 | $9,937,955 |
| OTHER CAPITAL CREDITS | 221000 | 1284607 | $1,284,607 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 11222562 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 258854596 | TotalRevenueColumn |
| Related Or Exempt Function Income | 247304574 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $11,550,022 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15088703 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1896634 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15757977 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3538052 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3876510 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 965516 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 677934 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55500 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 100009 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 560939 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 747126 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 563179 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 187400 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8181598 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11122956 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 612314 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| COST OF POWER PURCHASED | 170147068 |
| KILOWATT HOUR TAXES | 9331587 |
| PROPERTY TAXES | 5855019 |
| RIGHT OF WAY EXPENSES | 6797336 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2791239 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 258854596 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | X | InfoInScheduleOPartX |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24771 | BOY |
| EOY | 35031 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9638634 | BOY |
| EOY | 7692244 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28048646 | BOY |
| EOY | 31093378 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2535 | BOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2986178 | BOY |
| EOY | 3118306 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 219590 | BOY |
| EOY | 351189 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 377707599 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 123043383 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 250613354 | BOY |
| EOY | 254664216 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 371130 | BOY |
| EOY | 226964 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 103885603 | BOY |
| EOY | 111669065 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98324 | BOY |
| EOY | 96253 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 395888765 | BOY |
| EOY | 408946646 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31248405 | BOY |
| EOY | 32723253 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 143426505 | BOY |
| EOY | 147965973 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 174674910 | BOY |
| EOY | 180689226 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 221213855 | BOY |
| EOY | 228257420 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 221213855 | BOY |
| EOY | 228257420 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 395888765 | BOY |
| EOY | 408946646 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 0 | ReconcilationRevenueExpenses |
| Reconcilation Prior Adjustment | 7043565 | ReconcilationPriorAdjustment |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1662824 | OtherCostOrOtherBasis |
| Book Value | 1662824 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9580941 | OtherCostOrOtherBasis |
| Depreciation | 4859133 | Depreciation |
| Book Value | 4721808 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15332532 | OtherCostOrOtherBasis |
| Depreciation | 10795032 | Depreciation |
| Book Value | 4537500 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 351131302 | OtherCostOrOtherBasis |
| Depreciation | 107389218 | Depreciation |
| Book Value | 243742084 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 254664216 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated (9 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| NATIONAL RURAL UTILITIES FINANCE CORP. | 1373801 | C |
| BUCKEYE POWER INC. | 103054996 | C |
| NATIONAL INFORMATION SOLUTIONS CORP. | 46517 | C |
| FEDERATED RURAL ELECTRIC INSURANCE | 353156 | C |
| NATIONAL RURAL TELECOMMUNICATIONS COOP | 298801 | C |
| COBANK | 5818559 | C |
| RURAL ELECTRIC SUPPLY COOPERATIVE | 719248 | C |
| ARKANSAS ELECTRIC COOPERATIVE | 787 | C |
| MILLER DEVELOPMENT COMPANY | 3200 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 111669065 | TotalOfBookValueProgramRelated |
| Tot Revenue Etc Audited Fincl Stmt | 246107309 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 246107309 | RevenueSubtotal |
| Other Revenues Not Included | 12747287 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 12747287 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 258854596 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 231018606 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | -12747287 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | -12747287 | ExpensesNotRptdF990 |
| Expenses Subtotal | 243765893 | ExpensesSubtotal |
| Other Expenses Not Included | 15088703 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 15088703 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 258854596 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | PART XI LINE 4B - INTEREST INCOME OF 327460 OTHER SERVICES OF 1197265 GENERATION AND TRANSMISSION CAPITAL CREDITS OF 9937955 AND OTHER CAPITAL CREDITS OF 1284607. PART XII LINE 2D - INTEREST INCOME OF (327460) OTHER SERVICES OF (1197265) GENERATION AND TRANSMISSION CAPITAL CREDITS OF (9937955) AND OTHER CAPITAL CREDITS OF (1284607). PART XII LINE 4B - PATRONAGE CAPITAL (CAPITAL CREDITS) ALLOCATED TO MEMBERS FOR 2012. SEE MAIN FORM PART IX-STATEMENT OF FUNCTIONAL EXPENSES LINE 4 BENEFITS PAID TO OR FOR MEMBERS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (9 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg |
|---|---|---|---|---|
| RICHARD LEMONDS | ||||
| 278188 | 79405 | 23924 | 381517 | |
| RALPH LUFFLER | ||||
| 192311 | 69589 | 17959 | 1229197 | 949338 |
| AJIT KADAKIA | ||||
| 226781 | 62442 | 17466 | 306689 | |
| JIM MEYERS | ||||
| 141793 | 67802 | 28744 | 238339 | |
| CATHY BITLER | ||||
| 128119 | 47770 | 17258 | 193147 | |
| SUSAN EVERLY | ||||
| 131802 | 36780 | 9537 | 178119 | |
| TIM MALONE | ||||
| 102076 | 39655 | 28950 | 170681 | |
| CHUCK MALONEY | ||||
| 100881 | 38010 | 17466 | 156357 | |
| JOHN SAYRE | ||||
| 140050 | 140050 | |||
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (2 entries)
| ExplanationExplanation |
|---|
| PART I - REVENUE PRIOR YEARS LINE 9 - DURING 2012 THE COMPANY ADOPTED A CHANGE IN ACCOUNTING PRINCIPLE RELATING TO RECOGNITION OF REVENUES FOR ELECTRICITY DELIVERED BUT NOT BILLED. DUE TO THIS CHANGE 2011 HAS BEEN RESTATED TO REFLECT THE UNBILLED REVENUE. PART I - EXPENSES PRIOR YEARS LINE 14 - DURING 2012 THE COMPANY ADOPTED A CHANGE IN ACCOUNTING PRINCIPLE RELATING TO RECOGNITION OF REVENUES FOR ELECTRICITY DELIVERED BUT NOT BILLED. DUE TO THIS CHANGE 2011 HAS BEEN RESTATED TO REFLECT THE UNBILLED REVENUE. PART I - NET ASSETS PRIOR YEARS LINES 20 AND 22 - DURING 2012 THE COMPANY ADOPTED A CHANGE IN ACCOUNTING PRINCIPLE RELATING TO RECOGNITION OF REVENUES FOR ELECTRICITY DELIVIERED BUT NOT BILLED. DUE TO THIS CHANGE 2011 HAS BEEN RESTATED TO REFLECT THE UNBILLED REVENUE. PART VI-SECTION A-LINE 6 - ANY PERSON FIRM PARTNERSHIP POLITICAL SUBDIVISION GOVERNMENTAL AGENCY OR INSTRUMENTALITY LIMITED LIABILITY COMPANY ASSOCIATION CORPORATION OR BODY POLITIC MAY BECOME A MEMBER OF THE COOPERATIVE BY AGREEING TO PURCHASE FROM THE COOPERATIVE ON A MONTHLY OR OTHER PERIODIC BASIS ELECTRIC ENERGY OR OTHER PRODUCTS OR SERVICES AND BY AGREEING TO COMPLY WITH AND BE BOUND BY THE ARTICLES OF INCORPORATION OF THE COOPERATIVE AND THE CODE OF REGULATIONS. PART VI-SECTION A-LINE 7A - EACH MEMBER SHALL BE ENTITLED TO ONE (1) VOTE AND NO MORE UPON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS. THE SECRETARY OF THE BOARD PREPARES A BALLOT FOR ELECTING TRUSTEES WHICH IS MAILED AT LEAST THIRTY (30) DAYS PRIOR TO THE ANNUAL MEETING OF MEMBERS. THE MEMBER VOTES SIGNS AND RETURNS THE BALLOT. A BALLOT CERTIFICATION COMMITTEE APPOINTED BY THE BOARD OF TRUSTEES TABULATE THE VOTES AND DETERMINE THE SUCCESSFUL CANDIDATES. THE RESULTS ARE ANNOUNCED AT THE ANNUAL MEETING OF MEMBERS. PART VI-SECTION A-LINE 7B - CHANGES TO THE CODE OF REGULATIONS OF THE ORGANIZATION ARE SUBJECT TO APPROVAL BY THE MEMBERS OF THE ORGANIZATION. PART VI-SECTION A-LINE 11B - COPIES OF THE FORM 990 ARE DISTRIBUTED TO EACH TRUSTEE AT ONE OF THE REGULARLY SCHEDULED BOARD MEETINGS. THE FORM IS REVIEWED BY THEM AT THIS TIME. PART VI-SECTION B-LINE 12C - EACH YEAR A QUESTIONNAIRE IS GIVEN TO EACH OFFICER DIRECTOR OR TRUSTEE AND KEY EMPLOYEE ASKING THEM TO CONFIRM THAT THEY HAVE ACCESS TO AND HAVE READ THE COOPERATIVE'S POLICY REGARDING CONFLICTS OF INTEREST. IF THERE ARE EXCEPTIONS TO THE POLICY THEY ARE TO DISCLOSE IT AT THAT TIME. PART VI-SECTION B-LINE 15 - THE COOPERATIVE RETAINS AN INDEPENDENT CONSULTANT AND MAKES USE OF THE ANNUAL NATIONAL COMPENSATION SURVEY OF RURAL ELECTRIC DISTRIBUTION SYSTEMS FROM NRECA ( NATIONAL RURAL ELECTRIC COOPERATIVE ASSOC.) TO DETERMINE PAY GRADES AND PAY RANGES. BASED ON THE RECOMMENDATION OF THE CONSULTANT AND THE SURVEY RESULTS THE COOPERATIVE CREATES AN ANNUAL WAGE AND SALARY PLAN THAT IS SUBMITTED TO THE BOARD OF TRUSTEES FOR REVEIW AND APPROVAL. EVERY EMPLOYEE IS EVALUATED ANNUALLY BY THEIR SUPERVISOR AND COMPENSATED WITHIN THE WAGE AND SALARY PLAN BASED ON PERFORMANCE. PART VI-SECTION C-LINE 19 - THE CODE OF REGULATIONS AND THE ANNUAL REPORT WITH FINANCIAL INFORMATION CAN BE ACCESSED THROUGH THE COOPERATIVE'S WEBSITE. IN ADDITION THE CODE OF REGULATIONS ANNUAL REPORT WITH FINANCIAL INFORMATION AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. PART IX-LINE 4 - PER THE INSTRUCTIONS SECTION 501(C)(12) ORGANIZATIONS SHOULD REPORT PATRONAGE DIVIDENDS PAID ON LINE 4-BENEFITS PAID TO OR FOR MEMBERS. AS STATED IN THE CODE OF REGULATIONS THE COOPERATIVE IS OBLIGATED TO PAY BY CREDITS TO A CAPITAL ACCOUNT FOR EACH PATRON ALL SUCH AMOUNTS IN EXCESS OF OPERATING COSTS AND EXPENSES. WITHIN A REASONABLE TIME AFTER THE CLOSE OF THE FISCAL YEAR THE TOTAL VALUE OF NET MARGINS IS ALLOCATED TO EACH PATRONS ACCOUNT. THIS ALLOCATION OF CURRENT YEAR'S NET YEARS'S NET MARGINS IS WHAT WE ARE USING TO REFLECT THE VALUE OF PATRONAGE DIVIDENDS PAID. THE CURRENT POLICY IS TO RETIRE THE CREDITS ALLOCATED TO EACH PATRON AFTER 20 YEARS PROVIDED THE FINANCIAL CONDITION OF THE COOPERATIVE WILL NOT BE IMPAIRED BY THE RETIREMENT. |
| ALSO THE CODE OF REGULATIONS STATES IF ANY PATRON OR FORMER PATRON FAILS TO CLAIM ANY CASH RETIREMENT OF CAPITAL CREDITS OR OTHER PAYMENT FROM THE COOPERATIVE WITHIN (4) YEARS AFTER THE PAYMENT OF THE SAME HAS BEEN MADE AVAILABLE TO HIM BY NOTICE OR CHECK MAILED TO HIM AT HIS LAST ADDRESS FURNISHED BY HIM TO THE COOPERATIVE SUCH FAILURE SHALL BE AND CONSTITUTES AN IRREVOCABLE ASSIGNMENT AND GIFT BY SUCH PATRON OF SUCH CAPITAL CREDIT PAYMENT OR OTHER PAYMENT TO THE COOPERATIVE. AFTER THE (4) FOURTH YEAR AND PROPER NOTIFICATIONS ARE MADE TO THE PATRON THE CURRENT POLICY IS TO REALLOCATE THESE GIFTS OR UNCLAIMED CAPITAL CREDITS IN THE CURRENT YEAR TO THE CURRENT PATRONS. EACH YEAR REALLOCATIONS ARE MADE BUT THE VALUE OF THESE REALLOCATIONS IS NOT INCLUDED IN PART IX-LINE 4 FOR THE CURRENT YEAR SINCE THE AMOUNT REALLOCATED WOULD HAVE BEEN INCLUDED IN THE FORM 990 FOR THE YEAR IN WHICH THEY WERE ORIGINALLY ALLOCATED. PART X - ASSETS COLUMN (A) LINE 4 AND 16 - DURING 2012 THE COMPANY ADOPTED A CHANGE IN ACCOUNTING PRINCIPLE RELATING TO RECOGNITION OF REVENUES FOR ELECTRICITY DELIVERED BUT NOT BILLED. DUE TO THIS CHANGE 2011 HAS BEEN RESTATED TO REFLECT THE UNBILLED REVENUE. PART X - NET ASSETS COLUMN (A) LINE 32 33 AND 34 - DURING 2012 THE COMPANY ADOPTED A CHANGE IN ACCOUNTING PRINCIPLE RELATING TO RECOGNITION OF REVENUES FOR ELECTRICITY DELIVERED BUT NOT BILLED. DUE TO THIS CHANGE 2011 HAS BEEN RESTATED TO REFLECT THE UNBILLED REVENUE. PART XI - LINE 9 - THE OTHER CHANGES IN NET ASSETS OR FUND BALANCES IS THE ALLOCATION OF 2012 PATRONAGE CAPITAL (CAPITAL CREDITS) OF 15088703 AND THE RETIREMENT OF PRIOR YEARS PATRONAGE CAPITAL OF (8045138) FOR A NET INCREASE OF 7043565. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILLER DEVELOPMENT | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2780 COONPATH RD | AddressLine1 |
| City | LANCASTER | City |
| State | OH | State |
| ZIP Code | 43130 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 310675913 | EIN |
| Primary Activity | REAL ESTATE DEVELOPMENT | PrimaryActivity |
| Legal Domicile State | OH | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C | TypeOfEntity |
| Share Of EOY Assets | 3200 | ShareOfEOYAssets |
| Percentage Ownership | 1.0 | PercentageOwnership |
| Controlled Org | false | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | false | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |