2013-09-10T07:41:18-07:00 2012-12-31 ADAMS JENKINS CHEATHAM PC 231 WYLDEROSE DR MIDLOTHIAN VA 231136845 990 2012-01-01 540116855 A & N ELECTRIC COOPERATIVE A&NE 7577879750 PO BOX 290 TASLEY VA 23441 R WAYNE BROWNING 2013-09-10 true G STEVEN GILLIAM CPA P00348264 8043231313 2012 2016-02-24 21:20:13Z R WAYNE BROWNING PO BOX 290 TASLEY VA 23441 72701820 false false X www.anec.com X 1940 VA Safe and effective distribution of electricity to members of the cooperative. 10 10 76 0 0 72715119 70513212 160794 178049 1240217 2010559 74116130 72701820 10000 10000 5390548 4941623 6732353 6918871 0 0 61729412 59678655 73862313 71549149 253817 1152671 134352076 133099475 92853971 88130427 41498105 44969048 Safe and effective distribution of electricity to members of the cooperative. false false Safe and effective delivery of electricity to the members of A & N Electric Cooperative. The three largest program services, as measured by expenses are as follows:Cost of power $48,367,254Depreciation $5,154,541Benefits paid to or for members $4,941,623 false false false false false false false false false false true false true false true false true false false false false false false false false false false true false true false false false false false false false false false false false false false false false false true true true false false true 120 0 true 76 true false false false false false false false false false 70513212 1834496 false false false X 10 10 false false false false true true true true true false false true true true true true true true true false X The Cooperative 7577879750 PO BOX 290 Tasley VA 234410290 RALPH W DODD 5.00 0.00 X 8975 0 0 Christopher D Bott 6.00 0.00 X 11525 0 0 ROBERT L NOCK 3.00 0.00 X 11850 0 0 E GARRISON DRUMMOND 5.00 0.00 X 13520 0 0 EDWARD V PARKS JR 8.00 0.00 X 15750 0 0 ADDISON W NOTTINGHAM JR 8.00 0.00 X 16400 0 0 MILDRED M MASON 3.00 0.00 X 9575 0 0 R WAYNE BROWNING 7.00 0.00 X X 18875 0 0 JAMES N BELOTE III 11.00 0.00 X X 17700 0 0 JAMES G COLLINS JR 5.00 0.00 X X 15425 0 0 PB TANKARD 6.00 0.00 X X 4575 0 0 Dodd Obenshain 48.00 0.00 X 179549 0 85897 Vernon Brinkley 50.00 0.00 X 258707 0 81458 VIRGIL L WESSELLS 54.00 0.00 X 118410 0 9717 PETER A ZACH 57.00 0.00 X 131125 0 28150 Othel D Bowling 40.00 0.00 X 136245 0 43004 KELVIN A PETTIT 40.00 0.00 X 122954 0 42688 THOMAS A LARSON 40.00 0.00 X 129188 0 47697 1220348 338611 12 false true false ROCK CREEK P O Box 482 Greensboro MD 21639 Line Construction 1043079 R&P LUCAS PO BOX 90 Melfa VA 23410 Underground Const. 381558 POWER SERVICES Inc PO Box 122279 Dallas TX 753122279 Engineering 732968 LUCAS UTILITIES PO BOX 67 ONLEY VA 23418 Underground Const. 387240 ASPLUNDH 708 BLAIR MILL ROAD WILLOW GROVE PA 19090 TREE SERVICES 1753197 10 0 SALE AND DIST. OF ELECTRI 221000 70513212 70513212 70513212 178049 178049 0 0 354112 354112 354112 354112 0 0 0 0 CIAC 1591803 1591803 CASH PATRONAGE RECEIVED 64644 64644 1656447 72701820 72169659 532161 10000 0 0 4941623 749781 0 4885675 735798 121703 425914 0 38145 0 0 0 0 0 0 0 0 0 0 0 0 0 3314289 0 5154541 0 Consumer accounts 1150548 Distribution Operation 1435653 Distribution Maintenance 2551945 Cost of power 48367254 -2333720 71549149 0 0 0 81203 3218 10851821 4561160 0 5036836 8267648 0 0 0 1356062 1562901 1056890 652026 155927053 54915173 99791934 101011880 0 0 14919899 15530917 0 1257431 1509725 134352076 133099475 5560690 4861069 83328377 79290586 3964904 3978772 92853971 88130427 X 41498105 44969048 41498105 44969048 134352076 133099475 X 1152671 2318272 X false true X true true true 1812634 1812634 154114419 54915173 99199246 101011880 15530917 Revolving loan fund 330000 Insurance reserve 1302000 Deferred credits 5116 Consumer deposits 2088747 Accrued taxes 22410 Accrued Payroll and Compensated Absences 230499 3978772 71727198 71727198 974622 974622 72701820 66607526 66607526 4941623 4941623 71549149 Part XII, Line 4b Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Benefits pd to or for membr not GAAP EXP $4941623 Part XI, Line 4b Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S Cash patronage capital rec. adjustment $-617181 Contributions in aid of construction $1591803 true Members Helping Members Inc PO Box 290 Tasley VA 23441 263931656 10000 0 Fair Market Value Meet mission statement of Members Helping Members, Inc 1 0 X X X false false false Vernon Brinkley 258707 67030 14428 340165 THOMAS A LARSON 124190 4998 40485 7212 176885 PETER A ZACH 131125 20938 7212 159275 Othel D Bowling 130050 6195 28576 14428 179249 KELVIN A PETTIT 116429 6525 28260 14428 165642 Dodd Obenshain 172469 7080 71469 14428 265446 Form 990, Prt. I Line 14 & Prt IX, Line 4 Benefits Pd. To or For Mbrs. Patronage dividends paid to members' accounts was done in accordance with the pre-existing obligation in A&N Electric Cooperative's by-laws. 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. IRS instructions for line 4 changed in 2011 to include patronage dividends paid by section 501(c)(12) organizations to their members. Accordingly, these amounts are now reported on line 4. 990 PART VII SECTION A COLUMN F The Cooperative participates in the NRECA group defined pension plan. As part of this plan, participants are required to recognize the actuarial increase in the value of their account on the form 990. The contribution rate for participants in the plan are the same for all individuals in the plan. The change in actuarial value for each participant, however, varies with age. In other words, the older a participant is, the greater the increase in that individual's change in actuarial value with all other things being equal. Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Increases Patronage Div. paid to members' accts not expense per GAAP = $4941623 Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Increases Noncash patronage capital allocations not revenue per IRS = $617181 Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Decreases Net retirement of capital credits = -$1648194 Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Decreases Net change in memberships = -$535 Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Decreases Contributions in aid of construction not revenue per GAAP = -$1591803 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available New members get a copy of the by-laws when joining the Cooperative. Year end financial information is published in the Cooperative's monthly magazine in addition, the financial results are made available to the members at the annual meeting. This information is also available on the Cooperatives web site. The 990 is available upon request. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Periodically the Coop has an outside consultant review the range of compensation at the Cooperative compared to industry ranges. The National Rural Electric Cooperative Association annually publishes a salary survey that is also used as a benchmark for compensation. The board of directors approves the salary of the CEO. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts According to the Coop's Conflict of Interest Policy each Director, Officer, and Key employee must annually complete and sign a conflict of interest certification and disclosure form. In addition, the governing boards legal counsel must annually review this policy with all officials. Form 990, Part VI, Line 11b Form 990, Part VI, Line 11b: Form 990 Review Process The CFO and CEO review a draft of the 990. They then present a copy of the 990 to the board of directors for review, discussion and approval prior to filing with the IRS. Form 990, Part VI, Line 7b Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Changes in by-laws require a vote by the general membership of the Cooperative. Form 990, Part VI, Line 7a Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body All members of A & N Electric Cooperative receive one vote with respect to selecting the Cooperative's board of directors. Form 990, Part VI, Line 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder A & N Electric is an electric membership corporation that delivers electricity to the members of the cooperative. The members elect the board of directors, which is the governing body of the cooperative. Members Helping Members Inc PO Box 290 Tasley VA 23441 263931656 Financial Assit. for Charitable, Humanitarian and Educ. pur. VA 501(c) 3 charity A & N Electric Cooperative true false true false false false false false false false false false false false false false false false true true Members Helping Members Inc s 30309 COST Members Helping Members Inc r 31501 COST Members Helping Members Inc b 10000 COST