PEARL RIVER VALLEY ELECTRIC POWER ASSOCIATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: PEARL RIVER VALLEY ELECTRIC POWER ASSOCIATION (EIN 64-0219645)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-03-12
IRS object ID: 201340719349300339
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
Form 990
Schedule D
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-03-12T16:14:32-07:00	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	Nicholson & Company PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	P O Drawer 15099	AddressLine1
City	Hattiesburg	City
State	MS	State
ZIP Code	394045099	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	640219645	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	PEARL RIVER VALLEY	BusinessNameLine1
Business Name Line2	ELECTRIC POWER ASSOCIATION	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	PEAR	NameControl
Phone	6017362666	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	POST OFFICE BOX 1217	AddressLine1
City	COLUMBIA	City
State	MS	State
ZIP Code	39429	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	RANDY WALLACE	Name
Title	GENERAL MANAGER	Title
Date Signed	2013-03-12	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Susan A Riley CPA	Name
PTIN	P00144776	PTIN
Phone	6012643519	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	RANDY WALLACE	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	POST OFFICE BOX 1216	AddressLine1
City	COLUMBIA	City
State	MS	State
ZIP Code	39429	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	122505489	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Organization501c	X	Organization501c
Web Site	www.prvepa.com	WebSite
Type Of Organization Association	X	TypeOfOrganizationAssociation
Year Formation	1938	YearFormation
State Legal Domicile	MS	StateLegalDomicile
Activity Or Mission Description	THE ASSOCIATION'S MISSION IS TO PROVIDE ELECTRIC POWER TO RESIDENTIAL AND COMMERICAL CONSUMERS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	0	NbrIndependentVotingMembers
Total Nbr Employees	141	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	119084415	ProgramServiceRevenuePriorYear
Program Service Revenue CY	122249601	ProgramServiceRevenueCY
Investment Income Prior Year	261571	InvestmentIncomePriorYear
Investment Income Current Year	185918	InvestmentIncomeCurrentYear
Other Revenue Prior Year	21109	OtherRevenuePriorYear
Other Revenue Current Year	25013	OtherRevenueCurrentYear
Total Revenue Prior Year	119367095	TotalRevenuePriorYear
Total Revenue Current Year	122460532	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	8807708	BenefitsPaidToMembersCY
Salaries Etc Prior Year	9617410	SalariesEtcPriorYear
Salaries Etc Current Year	11092777	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	103467645	OtherExpensePriorYear
Other Expenses Current Year	102202944	OtherExpensesCurrentYear
Total Expenses Prior Year	113085055	TotalExpensesPriorYear
Total Expenses Current Year	122103429	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	6282040	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	357103	RevenuesLessExpensesCY
Total Assets BOY	201289953	TotalAssetsBOY
Total Assets EOY	205820984	TotalAssetsEOY
Total Liabilities BOY	138117775	TotalLiabilitiesBOY
Total Liabilities EOY	135885812	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	63172178	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	69935172	NetAssetsOrFundBalancesEOY
Mission Description	THE ASSOCIATION'S MISSION IS TO PROVIDE ELECTRIC POWER TO RESIDENTIAL AND COMMERICAL CONSUMERS.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Revenue	122249601	Revenue
Description	PRVEPA PROVIDED ELECTRIC POWER TO 47,241 CONSUMERS DURING 2012.	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	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	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
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	true	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
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	17	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	141	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Form990-T Filed	false	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Gross Income From Members	119702634	GrossIncomeFromMembers
Gross Income Other Sources	2246809	GrossIncomeOtherSources
Filed Lieu1041	false	FiledLieu1041
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	0	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	true	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	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	RANDY WALLACE	NamePerson
Telephone Number	6017362666	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	HIGHWAY 13 NORTH	AddressLine1
City	COLUMBIA	City
State	MS	State
ZIP Code	39429	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (13 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Average Hours Per Week RelatedAverageHoursPerWeekRelated	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee
DANNY WILKS
Director	10.00	0.00	X	21650	0	0
LAWRENCE W WARREN
President	2.00	0.00	X	18450	0	0
KELLY SPEIGHTS
Director	6.00	0.00	X	20500	0	0
HUGH GENE SMITH
Secretary/Treas	7.00	0.00	X	22200	0	0
BF HUDSON JR
Vice President	7.00	0.00	X	22700	0	0
LAVELL BOND
Director	8.00	0.00	X	23000	0	0
WA KENDRICK
Director	10.00	0.00	X	22700	0	0
BYRUS HURT
Director	8.00	0.00	X	21400	0	0
JJ SHELTON III
Director	3.00	0.00	X	18950	0	0
WILLIAM PITTMAN
FINANCIAL MGR	50.00	0.00		106036	0	19279	X
RANDY WALLACE
GENERAL MANAGER	50.00	0.00		247114	0	37700	X
SAM CAIN
OPERATIONS MANAGER	50.00	0.00		183635	0	22978		X
MATTHEW WARE
DISTRICT MANAGER	40.00	0.00		107266	0	21811			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	835601	TotalReportableCompFromOrg
Total Other Compensation	101768	TotalOtherCompensation
Number Individuals GT100 K	4	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
MDR CONSTRUCTION
621 E BAYLIS CHAPEL ROAD	COLUMBIA	MS	39429	CONSTRUCTION	378531
MB TECHNICAL SERVICES
2301-B TERRY RD	JACKSON	MS	39204	SYSTEM MAPPING	186282
M & M Line Clearance
PO BOX 505	LAUREL	MS	39441	RIGHT OF WAY MAINT	1530485
LOOKS GREAT SERVICES
259 RIVER ROAD	COLUMBIA	MS	39429	RIGHT OF WAY MAINT	752010
DUNGAN ENGINEERING
PO BOX 150	COLUMBIA	MS	39429	CIVIL ENGINEERING	271260

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	9	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
PATRONAGE CREDITS	5841104	5841104
ELECTRIC SALES MEMBER	115359474	115359474
ELECTRIC PLANT LEASED	151000	151000
COMMON USE POLE RENTAL	898023	898023

Field	Value	IRS element (for citing)
Total Program Service Revenue	122249601	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	84395	TotalRevenueColumn
Related Or Exempt Function Income	84395	RelatedOrExemptFunctionIncome

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Other	146480	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Other	44957	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	101523	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	101523	TotalRevenueColumn
Related Or Exempt Function Income	101523	RelatedOrExemptFunctionIncome

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
SURGE PROTECTOR SALES
MISCELLANEOUS INCOME	6939	6939
METER SOCKET SALES	18074	18074

Field	Value	IRS element (for citing)
Total Other Revenue	25013	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	122460532	TotalRevenueColumn
Related Or Exempt Function Income	122460532	RelatedOrExemptFunctionIncome

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	8807708	Total
Program Services	8807708	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	808292	Total

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	4976804	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	2744042	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	2107074	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	456565	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	53599	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	88658	Total

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	0	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	599179	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	0	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	94408	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	5281793	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	5513729	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	0	Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal
CONSUMER RECORDS & COLLECTION	719561
MAINTENANCE OF OVERHEAD LINES	923615
MAINTENANCE OF RIGHT-OF-WAY	2158592
COST OF PURCHASED POWER	83862259

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	2907551	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	122103429	Total
Program Services	8807708	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	5613395	BOY
EOY	2286653	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
EOY	0	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	12530930	BOY
EOY	12938900	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	2762032	BOY
EOY	2718575	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	435961	BOY
EOY	297596	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	210544764	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	61352006	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	146668357	BOY
EOY	149192758	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	33279278	BOY
EOY	38386502	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	201289953	BOY
EOY	205820984	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	27111361	BOY
EOY	28910119	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	107153561	BOY
EOY	103137864	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	3852853	BOY
EOY	3837829	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	138117775	BOY
EOY	135885812	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	336425	BOY
EOY	332655	EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

Field	Value	IRS element (for citing)
BOY	608057	BOY
EOY	608057	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	62227696	BOY
EOY	68994460	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	63172178	BOY
EOY	69935172	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	201289953	BOY
EOY	205820984	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	357103	ReconcilationRevenueExpenses
Reconcilation Other Changes	6405891	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	210544764	OtherCostOrOtherBasis
Depreciation	61352006	Depreciation
Book Value	149192758	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	149192758	TotalOfBookValueLandBuildings

Other Assets OtherAssets (2 entries)

DescriptionDescription	Book ValueBookValue
PATRONAGE CAPITAL	37586649
INTEREST & DIVIDEND INCOME REC	799853

Field	Value	IRS element (for citing)
Total Book Value Other Assets	38386502	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (5 entries)

DescriptionDescription	AmountAmount
UNEARNED LEASE INCOME	$9,417
UNAMORTIZED GAIN ON REACQUIRED DEBT	$527,915
OTHER LIABILITY-UNDERFUNDED POST RETIRE	$351,407
CURRENT PORTION-UNDERFUNDED POST RET	$84,825
CONSUMER DEPOSITS	$2,864,265

Field	Value	IRS element (for citing)
Total Of Amounts	3837829	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	122449418	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	122449418	RevenueSubtotal
Other Revenues Not Included	11114	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	11114	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	122460532	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	113147672	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	113147672	ExpensesSubtotal
Other Expenses Not Included	8955757	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	8955757	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	122103429	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Part XII, Line 4b	Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S	AMORT OF GAIN OF L. T. DEBT $136935 COST OF SURGE PROTECTOR EQUIPMENT $94 COST OF METER SOCKET LEASED $11020 Patronage Capital Dstrib to Members $8807708
Part XI, Line 4b	Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S	COST OF SURGE PROTECTOR EQUIPMENT $94 COST OF METER SOCKET LEASED $11020
Part X	Part X : FIN48 Footnote	On January 1, 2010, the Association adopted the provisions of FASB ASC 740, Income Taxes. FASB ASC 740 clarifies the accounting for uncertainty in tax positions and the recognition of such income tax positions taken or expected to be taken in the Association's income tax returns. The Association's income tax returns are subject to examination by the IRS, generally for three years after they were filed. In evaluating the Association's tax positions, the Association believes their estimates are appropriate based on current fact and circumstances and that no uncertain positions were taken.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
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 (2 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
SAM CAIN
OPERATIONS MANAGER	183635	12795	10183	206613
RANDY WALLACE
GENERAL MANAGER	247114	27517	10183	284814

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Field	Value	IRS element (for citing)
Name Person	Hanco Construction Co	NamePerson

Field	Value	IRS element (for citing)
Relationship	Relative	Relationship
Amount Of Transaction	163840	AmountOfTransaction
Description Of Transaction	Building Renovation	DescriptionOfTransaction
Sharing Of Revenues	false	SharingOfRevenues

Form990 Schedule L Part V Form990ScheduleLPartV

Field	Value	IRS element (for citing)
Explanation	The Company that renovated a facility of the Association was owned by the son of a Board director.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990, Part XI, Line 9	Other Changes In Net Assets Or Fund Balances - Other Increases	Gain on Reacquisition of Debt = $136935
Form 990, Part XI, Line 9	Other Changes In Net Assets Or Fund Balances - Other Increases	Difference between Patronage Capital Paid and Allocated = $6698911
Form 990, Part XI, Line 9	Other Changes In Net Assets Or Fund Balances - Other Decreases	Defined benefit plan net loss = -$426184
Form 990, Part XI, Line 9	Other Changes In Net Assets Or Fund Balances - Other Decreases	Decrease in Memberships = -$3771
Form 990, Part VI, Line 19	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	Governing documents, conflict of interest policy, and financial statements are made available to the public on request.
Form 990, Part VI, Line 15b	Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees	The compensation of the General Manager is determined by using comparability data and is approved by the Board of Directors. The compensation of other officers and key employees is determined using comparability data,is inititally approved and recommended by the General Manager, and is then given final approval by the Board of Directors.
Form 990, Part VI, Line 12c	Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts	A questionnaire is sent annually to all employees requesting information regarding possible conflicts of interest. These questionnaires are reviewed by the General Manager.
Form 990, Part VI, Line 11b	Form 990, Part VI, Line 11b: Form 990 Review Process	The Manager of Accounting and Financial Services provides the independent auditors with information used in preparing the Form 990. The completed form is then reviewed by the Manager of Accounting and Financial Services and by the General Manager. The General Manager then presents the Form 990 to the Board of Directors for their review.