TALQUIN ELECTRIC COOPERATIVE INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- TALQUIN ELECTRIC COOPERATIVE INC (EIN 59-0474475)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-12
- IRS object ID
- 201333169349304148
- Schema version
- 2012v2.3
- 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 | 2013-11-12T12:43:53-06:00 | 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 | PURVIS GRAY & COMPANY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 443 EAST COLLEGE AVENUE | AddressLine1 |
| City | TALLAHASSEE | City |
| State | FL | State |
| ZIP Code | 32301 | 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 | 590474475 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TALQUIN ELECTRIC COOPERATIVE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | TALQ | NameControl |
| Phone | 8506277651 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX 1679 | AddressLine1 |
| City | QUINCY | City |
| State | FL | State |
| ZIP Code | 323531679 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | EUGENE KANIKOVSKY | Name |
| Title | DIRECTOR OF FINANCIAL SERVICES | Title |
| Phone | 8506277651 | Phone |
| Date Signed | 2013-11-11 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RYAN M TUCKER CPA | Name |
| Phone | 8502247144 | Phone |
| Date Prepared | 2013-11-11 | 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 | TRACY BENSLEY GENERAL MANAGER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX 1679 | AddressLine1 |
| City | QUINCY | City |
| State | FL | State |
| ZIP Code | 323531679 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 122610360 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.TALQUINELECTRIC.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1940 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE ELECTRIC SERVICE TO MEMBERS | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 203 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 10672 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 11065 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 128972109 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 121945153 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 856341 | InvestmentIncomePriorYear |
| Investment Income Current Year | 587723 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 623000 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 130462122 | TotalRevenuePriorYear |
| Total Revenue Current Year | 122543941 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 14662 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 11065 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 1796195 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 2058977 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1968302 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2011208 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 123707017 | OtherExpensePriorYear |
| Other Expenses Current Year | 114611493 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 127486176 | TotalExpensesPriorYear |
| Total Expenses Current Year | 118692743 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2975946 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3851198 | RevenuesLessExpensesCY |
| Total Assets BOY | 238307299 | TotalAssetsBOY |
| Total Assets EOY | 241023584 | TotalAssetsEOY |
| Total Liabilities BOY | 140522256 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 139470651 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 97785043 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 101552933 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE ELECTRIC SERVICE TO MEMBERS | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Description | TO PROVIDE ELECTRIC SERVICES 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 | true | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | 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 | true | 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 | true | 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 | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 225 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 203 | 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 | true | NonDeductibleContributions |
| Non Deductible Disclosure | true | NonDeductibleDisclosure |
| Gross Income From Members | 119391873 | GrossIncomeFromMembers |
| Gross Income Other Sources | 1747994 | 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 | true | 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 | EUGENE KANIKOVSKY | NamePerson |
| Telephone Number | 8506277651 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1640 WEST JEFFERSON STREET | AddressLine1 |
| City | QUINCY | City |
| State | FL | State |
| ZIP Code | 323512134 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (17 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| JOSEPH ALEXANDER | |||||||||
| SEC/TREASURE | 11.50 | 11.50 | X | X | 28300 | 0 | 0 | ||
| BOBBY STRICKLAND | |||||||||
| TRUSTEE | 9.00 | 9.00 | X | 26950 | 0 | 0 | |||
| CARRIE DURDEN | |||||||||
| VICE-PRESID. | 9.50 | 9.50 | X | X | 24300 | 0 | 0 | ||
| SAMUEL FENN | |||||||||
| TRUSTEE | 10.00 | 10.00 | X | 24250 | 0 | 0 | |||
| DAVID WRIGHT | |||||||||
| TRUSTEE | 8.00 | 8.00 | X | 21300 | 0 | 0 | |||
| WILLIAM VANLANDINGHAM | |||||||||
| TRUSTEE | 7.50 | 7.50 | X | 20600 | 0 | 0 | |||
| CLIFFORD BRISTOL | |||||||||
| TRUSTEE | 2.50 | 2.50 | X | 19900 | 0 | 0 | |||
| MALLORY GREEN | |||||||||
| PRESIDENT | 10.00 | 10.00 | X | X | 19400 | 0 | 0 | ||
| DOUGLAS BRUCE | |||||||||
| TRUSTEE | 1.50 | 1.50 | X | 16700 | 0 | 0 | |||
| TRACY BENSLEY | |||||||||
| GENERAL MANA | 27.50 | 27.50 | X | 265396 | 0 | 50926 | |||
| EUGENE KANIKOVSKY | |||||||||
| DIR. FINANCI | 27.50 | 27.50 | X | 165292 | 0 | 59934 | |||
| TIMOTHY WADDLE | |||||||||
| DIR. WATER S | 0.00 | 46.50 | 171401 | 0 | 75377 | X | |||
| WILLIAM MAY | |||||||||
| DIR. COOPERA | 48.00 | 218690 | 0 | 12720 | X | ||||
| KENNETH COWEN | |||||||||
| DIR. ADMIN S | 48.00 | 164813 | 0 | 69776 | X | ||||
| DWIGHT CALLAHAN | |||||||||
| DIR. INFORMA | 42.00 | 138007 | 0 | 48724 | X | ||||
| JEREMY NELMS | |||||||||
| DIR. ENGINEE | 50.00 | 121942 | 0 | 30313 | X | ||||
| ALLEN SHEPARD | |||||||||
| DIR. OPERATI | 48.00 | 0.00 | 119594 | 0 | 96603 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1566835 | TotalReportableCompFromOrg |
| Total Other Compensation | 444373 | TotalOtherCompensation |
| Number Individuals GT100 K | 8 | 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 | |||||
| PO BOX 532729 | ATLANTA | GA | 303532729 | TREE TRIMMING | 1660719 |
| PIKE ELECTRIC INC | |||||
| PO BOX 1000 DEPT 517 | MEMPHIS | TN | 381480517 | ELECTRIC CONTR. | 1108688 |
| TREES INC | |||||
| 1700 SOLUTIONS CENTER | CHICAGO | IL | 60677 | RIGHT OF WAY | 1013640 |
| AON RISK SERVICES INC | |||||
| 75 REMITTANCE DRIVE | CHICAGO | IL | 60675 | RISK MANAGEMENT | 678405 |
| LEWIS TREE SERVICE INC | |||||
| DEPT NO 886 | BUFFALO | NY | 14267 | TREE TRIMMING | 477847 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 19 | NumberOfContractorsGT100K |
| All Other Contributions | 11065 | AllOtherContributions |
| Total Contributions | 11065 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| SALE ELECTRICITY | 221000 | 119391873 | 119391873 | |
| CAPITAL CREDITS | 900099 | 1918439 | $1,918,439 | |
| POLE RENTAL | 532000 | 634841 | $634,841 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 121945153 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 557668 | TotalRevenueColumn |
| Exclusion | $557,668 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 96474 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 66419 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 30055 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 30055 | TotalRevenueColumn |
| Exclusion | $30,055 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 122543941 | TotalRevenueColumn |
| Related Or Exempt Function Income | 119391873 | RelatedOrExemptFunctionIncome |
| Exclusion | $3,141,003 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11065 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2058977 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 990026 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1021182 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5952323 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7415980 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| COST OF POWER | 77497282 |
| DISTRIB. EXPENSE -MAINTEN | 9581458 |
| ADMINISTRATIVE AND GENERA | 5914407 |
| DISTRIB. EXPENSE - OPERAT | 5216326 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3033717 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 118692743 | 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 | 1425629 | BOY |
| EOY | 3921591 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14066489 | BOY |
| EOY | 13297420 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6043563 | BOY |
| EOY | 6658390 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1367460 | BOY |
| EOY | 1329794 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3352632 | BOY |
| EOY | 3301946 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 238035949 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 67489576 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 171569361 | BOY |
| EOY | 170546373 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40482165 | BOY |
| EOY | 41968070 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 238307299 | BOY |
| EOY | 241023584 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12772136 | BOY |
| EOY | 11647752 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 118640540 | BOY |
| EOY | 119399368 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9109580 | BOY |
| EOY | 8423531 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140522256 | BOY |
| EOY | 139470651 | 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 | 211815 | BOY |
| EOY | 211225 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1049409 | BOY |
| EOY | 966691 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 96523819 | BOY |
| EOY | 100375017 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 97785043 | BOY |
| EOY | 101552933 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 238307299 | BOY |
| EOY | 241023584 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3851198 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -83308 | 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 Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2550333 | OtherCostOrOtherBasis |
| Book Value | 2550333 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9256788 | OtherCostOrOtherBasis |
| Depreciation | 3135237 | Depreciation |
| Book Value | 6121551 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 222920343 | OtherCostOrOtherBasis |
| Depreciation | 64354339 | Depreciation |
| Book Value | 158566004 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3308485 | OtherCostOrOtherBasis |
| Book Value | 3308485 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 170546373 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| PATRONAGE CAPITAL | 21835039 | C |
| INVESTMENT IN TALQUIN WATER & WW | 20133031 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 41968070 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ACCUMULATED POSTRETIREMENT BENEFITS | $3,336,937 |
| CUSTOMER DEPOSITS | $3,263,678 |
| DEFERRED CREDIT | $1,822,916 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 8423531 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 122532876 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 122532876 | RevenueSubtotal |
| Other Revenues Not Included | 11065 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 11065 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 122543941 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 116622701 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 116622701 | ExpensesSubtotal |
| Other Expenses Not Included | 2070042 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 2070042 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 118692743 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| LIABILITY UNDER FIN 48 FOOTNOTE | SCHEDULE D, PAGE 3, PART X | UNDER ACCOUNTING STANDARDS CODIFICATION (ASC) SECTION 740, INCOME TAXES, IT IS THE POLICY OF MANAGEMENT TO EVALUATE ITS TAX POSITIONS ON AN ONGOING BASIS AND TO DISCLOSE ANY SUCH POSITIONS IT BELIEVES WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS AND RELATED NOTES. MANAGEMENT ALSO BELIEVES THAT NO SUCH REQUIRED DISCLOSURES CURRENTLY EXIST. THE COMPANIES ARE GENERALLY NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2009. INTEREST OR PENALTIES ON UNRECOGNIZED TAX BENEFITS, IF ANY, ARE INCLUDED IN OPERATING EXPENSES. |
| REVENUE AMOUNTS INCLUDED ON RETURN - OTHER | SCHEDULE D, PAGE 4, PART XI, LINE 4B | REVENUE RELATED TO TALQUIN ASSISTANCE PROGRAM 11,065 |
| EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 4B | EXPENSES RELATED TO TALQUIN ASSISTANCE PROGRAM 11,065 RETIREMENT OF CAPITAL BENEFITS PAID TO MEMBERS 2,058,977 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | false | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAPITAL AREA COMMUNITY ACTION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 309 OFFICE PLAZA DRIVE | AddressLine1 |
| City | TALLAHASSEE | City |
| State | FL | State |
| ZIP Code | 32301 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 591117362 | EINOfRecipient |
| IRC Section | 501C3 | IRCSection |
| Amount Of Cash Grant | 11065 | AmountOfCashGrant |
| Method Of Valuation | CASH | MethodOfValuation |
| Purpose Of Grant | SEE SCH I, PART IV | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | ADDITIONAL INFORMATION | Identifier |
| Return Reference | SCHEDULE I, PAGE 4, PART IV | ReturnReference |
| Explanation | TALQUIN ELECTRIC COOPERATIVE, INC. PROVIDES FINANCIAL ASSISTANCE TO WORTHY CAUSES IN THE ORGANIZATION'S SERVICE AREA THAT DISTRIBUTE AID FOR UTILITY RELATED PAYMENTS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| 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 (8 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|---|---|---|---|
| TRACY BENSLEY | ||||||
| GENERAL MANAGER | 262773 | 2083 | 540 | 29704 | 21222 | 316322 |
| EUGENE KANIKOVSKY | ||||||
| DIR FINANCIAL SVS | 162684 | 2301 | 307 | 35708 | 24226 | 225226 |
| TIMOTHY WADDLE | ||||||
| DIR WATER SVS | 167762 | 2308 | 1331 | 56448 | 18929 | 246778 |
| WILLIAM MAY | ||||||
| DIR COOPERATIVE SVS | 217091 | 1000 | 599 | 1305 | 11415 | 231410 |
| KENNETH COWEN | ||||||
| DIR ADMIN SVS | 160570 | 2271 | 1972 | 46620 | 23156 | 234589 |
| DWIGHT CALLAHAN | ||||||
| DIR INFORMATION SVS | 135569 | 2073 | 365 | 24849 | 23875 | 186731 |
| JEREMY NELMS | ||||||
| DIR ENGINEERING SVS | 119839 | 1939 | 164 | 11197 | 19116 | 152255 |
| ALLEN SHEPARD | ||||||
| DIR OPERATIONS | 117183 | 1939 | 472 | 73961 | 22642 | 216197 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| Sharing Of RevenuesSharingOfRevenues | RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction |
|---|---|---|---|
| SEE PART V FOR MORE DETAIL | |||
| false | |||
| SEMINOLE ELECTRIC COOPERATIVE INC | |||
| false | SEE PART V | 70284859 | PURCHASE POWER |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | ADDITIONAL INFORMATION | Identifier |
| Return Reference | SCHEDULE L PART V | ReturnReference |
| Explanation | SCHEDULE L PART IV LINE 1 THE BOARD OF TRUSTEES FOR TALQUIN ELECTRIC COOPERATIVE INC AND TALQUIN WATER AND WASTEWATER INC A RELATED PARTY ARE COMPRISED OF THE SAME INDIVIDUALS SCHEDULE L PART IV LINE 2 COLUMN B GENERAL MANAGER TRACY BENSLEY AND TRUSTEES MALLORY GREEN AND SAMUEL FENN SERVE ON THE SEMINOLE ELECTRIC COOPERATIVE INCS BOARD OF TRUSTEES | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ADDITIONAL INFORMATION | FORM 990 | THE IRS' INSTRUCTIONS FOR THE 2012 VERSION OF THE FORM 990 STATE: THE INSTRUCTIONS CLARIFY THAT PATRONAGE DIVIDENDS PAID BY SECTION 501(C)(12) ORGANIZATIONS TO THEIR MEMBERS SHOULD BE REPORTED ON LINE 4..." OF PART IX, STATEMENT OF FUNCTIONAL EXPENSES. LINE 4 IS TITLED "BENEFITS PAID TO OR FOR MEMBERS." IN 2012, SIGNIFICANT INDUSTRY-WIDE DISCUSSIONS BEGAN REGARDING THE NEED FOR THE IRS' CLARIFICATION AND WHETHER "PATRONAGE DIVIDENDS PAID" MEANS CAPITAL CREDITS ALLOCATED, CAPITAL CREDITS RETIRED OR SOME OTHER AMOUNT. FOR PURPOSES OF THIS FORM 990, THE AMOUNT REPORTED ON LINE 4 REPRESENTS THE AMOUNT REPORTED IN THE AUDITED FINANCIAL STATEMENT OF REVENUE AND CHANGES IN PATRONAGE CAPITAL FOR THE YEAR ENDED DECEMBER 31, 2012 AND OTHER BENEFITS PAID TO MEMBERS IN THE AMOUNT OF 2,058,977 |
| RELATED PARTY INFORMATION AMONG OFFICERS | FORM 990, PAGE 6, PART VI, LINE 2 | SEE SCHEDULE L, PART IV, LINE 1 |
| CLASSES OF MEMBERS OR STOCKHOLDERS | FORM 990, PAGE 6, PART VI, LINE 6 | THE TALQUIN ELECTRIC COOPERATIVE, INC. MEMBERSHIP IS COMPRISED OF ANY PERSON, FIRM, ASSOCIATION, CORPORATION OR BODY POLITIC OR SUBDIVISION WHO AGREES TO (1) PURCHASE UTILITY SERVICES FROM THE COOPERATIVE, (2) COMPLY WITH THE ARTICLES OF INCORPORATION AND BY-LAWS, AND (3) PAY THE MEMBERSHIP FEE. |
| ELECTION OF MEMBERS AND THEIR RIGHTS | FORM 990, PAGE 6, PART VI, LINE 7A | A NOMINATING COMMITTEE IS APPOINTED BY THE BOARD OF TRUSTEES TO NOMINATE AT LEAST 3 CANDIDATES FOR ROTATING 3-YEAR TERMS ON THE BOARD. ANY MEMBER WISHING TO BE NOMINATED CAN OBTAIN 15 MEMBERS' SIGNATURES TO BE PRESENTED TO THE NOMINATING COMMITTEE AND PLACED ON THE BALLOT AT THE ANNUAL MEETING, IF THEY MEET THE QUALIFICATIONS TO SERVE. |
| DECISIONS SUBJECT TO APPROVAL OF MEMBERS | FORM 990, PAGE 6, PART VI, LINE 7B | THE MEMBERS MUST APPROVE ANY CHANGES TO THE ARTICLES OF INCORPORATION OR THE BY-LAWS. THE MEMBERS MUST ALSO APPROVE ANY DECISIONS BY THE BOARD OF TRUSTEES WHERE PREVIOUS AUTHORITY HAS NOT BEEN GRANTED BY THE GOVERNING DOCUMENTS. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | EACH BOARD MEMBER RECEIVED A COPY OF THE FINAL 990 THROUGH ELECTRONIC MAIL PRIOR TO FILING THE RETURN. THE DIRECTOR OF FINANCIAL SERVICES REVIEWS AND APPROVES THE RETURN PRIOR TO FILING. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | THE CONFLICT OF INTEREST POLICY OF TALQUIN ELECTRIC COOPERATIVE, INC. COVERS DIRECTORS, OFFICERS, AND KEY EMPLOYEES. CONFLICTS MUST BE DISCLOSED TO THE PRESIDENT OR MANAGER IMMEDIATELY AND ARE RELAYED TO THE BOARD OF DIRECTORS. THE INDIVIDUAL IS GIVEN 30 DAYS TO COMPLY WITH THE POLICY OR BE REMOVED FROM THEIR POSITION. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | THE GENERAL MANAGER'S SALARY IS SET BY THE BOARD OF TRUSTEES. A COMPENSATION COMMITTEE RECOMMENDS THE SALARY BASED ON NATIONAL SURVEYS. THE FULL BOARD OF TRUSTEES APPROVES THE GENERAL MANAGER'S SALARY. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES IS SET BY THE GENERAL MANAGER. COMPENSATION STUDIES FOR POSITIONS IN SIMILAR INDUSTRIES ARE USED AS A BASIS FOR COMPENSATION. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| ADDITIONAL INFORMATION | FORM 990, PART XI | PART XI, RECONCILIATION OF NET ASSETS, LINE 9 CHANGE IN MEMBERSHIP (590) CHANGE IN OTHER EQUITIES 167,506 CHANGE IN ACCUMULATED OTHER COMP. INCOME (250,224) PATRONAGE CAPITAL BENEFITS PAID (2,058,977) RETIREMENT OF CAPITAL CREDITS 2,058,977 ------------ TOTAL OTHER CHANGES IN EQUITY (83,308) CHANGE FROM PRIOR YEAR RETURN AN ADJUSTMENT OF 1 WAS MADE TO THE OPENING BALANCES OF PART X LINE 10C AND PART X LINE 33 TO CORRECT A ROUNDING ERROR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TALQUIN WATER AND WASTEWATER INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1640 WEST JEFFERSON STREET | AddressLine1 |
| City | QUINCY | City |
| State | FL | State |
| ZIP Code | 32351 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 204787395 | EIN |
| Primary Activities | COOPERATIV | PrimaryActivities |
| Legal Domicile State | FL | LegalDomicileState |
| Exempt Code Section | 501C12 | ExemptCodeSection |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE PT VII | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | false | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | true | 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 | true | 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 | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| TALQUIN WATER AND WASTEWATER INC | ||
| D | 6658390 | CASH VALUE |
| TALQUIN WATER AND WASTEWATER INC | ||
| Q | 6120678 | CASH VALUE |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | ADDITIONAL INFORMATION | Identifier |
| Return Reference | SCHEDULE R | ReturnReference |
| Explanation | SCHEDULE R PART II LINE 1 COLUMN F TALQUIN ELECTRIC COOPERATIVE INC IS THE DIRECT CONTROLLING ENTITY OF TALQUIN WATER AND WASTEWATER INC | Explanation |