NEW MAC ELECTRIC COOPERATIVE INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: NEW MAC ELECTRIC COOPERATIVE INC (EIN 44-0371025)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-07-30
IRS object ID: 201202129349301200
Schema version: 2011v1.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-07-30T17:25:19-05:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BRISCOE BURKE & GRIGSBY LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	4120 EAST 51ST STREET SUITE 100	AddressLine1
City	TULSA	City
State	OK	State
ZIP Code	741353633	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	440371025	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	NEW MAC ELECTRIC COOPERATIVE INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	NEWM	NameControl
Phone	4174511515	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 310	AddressLine1
City	NEOSHO	City
State	MO	State
ZIP Code	64850	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MARTIN YOUNGBLOOD	Name
Title	PRESIDENT	Title
Phone	4174511515	Phone
Date Signed	2012-07-27	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	SEAN B DUNAHAY CPA	Name
Phone	9187498337	Phone
Date Prepared	2012-07-26	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	36237423	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.NEWMAC.COM	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1939	YearFormation
State Legal Domicile	MO	StateLegalDomicile
Activity Or Mission Description	TO PROVIDE POWER TO MEMBERS ON A COOPERATIVE BASIS	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	72	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	35213188	ProgramServiceRevenuePriorYear
Program Service Revenue CY	35466835	ProgramServiceRevenueCY
Investment Income Prior Year	415278	InvestmentIncomePriorYear
Investment Income Current Year	434167	InvestmentIncomeCurrentYear
Other Revenue Prior Year	88509	OtherRevenuePriorYear
Other Revenue Current Year	141029	OtherRevenueCurrentYear
Total Revenue Prior Year	35716975	TotalRevenuePriorYear
Total Revenue Current Year	36042031	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	2840128	BenefitsPaidToMembersCY
Salaries Etc Prior Year	344876	SalariesEtcPriorYear
Salaries Etc Current Year	662216	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	32800190	OtherExpensePriorYear
Other Expenses Current Year	33686152	OtherExpensesCurrentYear
Total Expenses Prior Year	33145066	TotalExpensesPriorYear
Total Expenses Current Year	37188496	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	2571909	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-1146465	RevenuesLessExpensesCY
Total Assets BOY	91178809	TotalAssetsBOY
Total Assets EOY	94266712	TotalAssetsEOY
Total Liabilities BOY	51070559	TotalLiabilitiesBOY
Total Liabilities EOY	52386559	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	40108250	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	41880153	NetAssetsOrFundBalancesEOY
Mission Description	TO PROVIDE POWER TO MEMBERS ON A COOPERATIVE BASIS	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	EXPENSES INCURRED TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS	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	true	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	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
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
Transaction Related Entity	false	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	22	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	72	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	35466835	GrossIncomeFromMembers
Gross Income Other Sources	770589	GrossIncomeOtherSources
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	9	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	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	GLENN M MCCUMBER	NamePerson
Telephone Number	4174511515	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	4 BARBARA CT	AddressLine1
City	NOEL	City
State	MO	State
ZIP Code	64854	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (13 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Highest Compensated EmployeeHighestCompensatedEmployee	FormerFormer
ALBERT KENNEDY
DIRECTOR	2.00	X	26513	0	0
KENNETH DANIELS
DIRECTOR	2.00	X	25121	0	0
MAURICE MAILES
DIRECTOR	2.00	X	24871	0	0
BILLY WHITE
DIRECTOR	2.00	X	24561	0	0
PAUL SPRENKLE
DIRECTOR	2.00	X	23852	0	0
DEWEY ALLGOOD
DIRECTOR	2.00	X	23127	0	0
VIRGIL WINCHESTER
DIRECTOR	2.00	X	11140	0	0
MARTIN YOUNGBLOOD
PRESIDENT	2.00	X	10772	0	0
BOB FIELDS
DIRECTOR	2.00	X	2522	0	0
GLENN M MCCUMBER
CEO/GEN MGR	45.00		165802	0	43336	X
BOBBY HARRIS
LINEMAN	60.00		108156	0	31309		X
STANLEY IRSIK
MNGR OF OPER	40.00		102495	0	35420		X
FRED BROCK
FRMR DIRECTO			2940	0	0			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	551872	TotalReportableCompFromOrg
Total Other Compensation	110065	TotalOtherCompensation
Number Individuals GT100 K	3	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
ARBOR ROW INC
PO BOX 571	OSCEOLA	MO	64776	RIGHT OF WAY	791342
HIGH LINES SERVICES LLC
410 HIGH STREET PO BOX 698	DIGHTON	KS	67839	CONSTRUCTION	281103
SHELTON CONSTRUCTION & SERVICES CO
22757 US HWY 63 SUITE B	KIRKSVILLE	MO	63501	CONSTRUCTION	280624
VAUGHT TREE SERVICE
22065 STATE HWY TT	CRANE	MO	65633	RIGHT OF WAY	277619
UTILITY LINES CONSTRUCTION INC
PO BOX 827464	PHILADELPHIA	PA	19182	CONSTRUCTION	190231

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	5	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	SALES OF ELECTRICITY	Description
Total Revenue Column	35466835	TotalRevenueColumn
Related Or Exempt Function Income	35466835	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	35466835	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	455445	TotalRevenueColumn
Exclusion	$455,445	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	110664	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	110664	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	110664	TotalRevenueColumn
Exclusion	$110,664	ExclusionAmount

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Other	21278	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	-21278	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-21278	TotalRevenueColumn
Related Or Exempt Function Income	-21278	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	204479	GrossSalesOfInventory
Cost Of Goods Sold	174114	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	30365	TotalRevenueColumn
Exclusion	$30,365	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	36042031	TotalRevenueColumn
Related Or Exempt Function Income	35445557	RelatedOrExemptFunctionIncome
Exclusion	$596,474	ExclusionAmount

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	2840128	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	381617	Total

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	2940	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	277659	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	2270141	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	2598025	Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal
COST OF POWER	21641523
TRANSMISSION & DISTRIBUTI	4845304
CONSUMER EXPENSE	1642679
GENERAL & ADMINISTRATIVE	682434

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	6046	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	37188496	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	526891	BOY
EOY	533560	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	3459837	BOY
EOY	2405961	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	3386461	BOY
EOY	3525395	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	1341185	BOY
EOY	1242894	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	172648	BOY
EOY	80993	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	94720514	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	21830535	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	69895229	BOY
EOY	72889979	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	12021807	BOY
EOY	13223340	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	374751	BOY
EOY	364590	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	91178809	BOY
EOY	94266712	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	3453894	BOY
EOY	3561681	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	44627478	BOY
EOY	46036229	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	2989187	BOY
EOY	2788649	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	51070559	BOY
EOY	52386559	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	284770	BOY
EOY	287385	EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

Field	Value	IRS element (for citing)
BOY	268546	BOY
EOY	284004	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	39554934	BOY
EOY	41308764	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	40108250	BOY
EOY	41880153	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	91178809	BOY
EOY	94266712	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	-1146465	ReconcilationRevenueExpenses
Reconcilation Other Changes	2918368	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	62547	OtherCostOrOtherBasis
Book Value	62547	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	3333084	OtherCostOrOtherBasis
Depreciation	775462	Depreciation
Book Value	2557622	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	91324883	OtherCostOrOtherBasis
Depreciation	21055073	Depreciation
Book Value	70269810	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	72889979	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (3 entries)

DescriptionDescription	Book ValueBookValue
INVESTMENTS IN ASSOCIATED	12083880
UNBILLED REVENUE	1085508
OTHER INVESTMENTS	53952

Field	Value	IRS element (for citing)
Total Of Book Value Securities	13223340	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (6 entries)

DescriptionDescription	AmountAmount
ACCUM. POST-RETIREMENT BENEFIT OBLIG	$1,219,000
CONSUMER DEPOSITS	$866,063
CUSTOMER ADVANCES FOR CONSTRUCTION	$580,742
DEFERRED CREDITS	$122,844
MISCELLANEOUS
OTHER DEFERRED CREDITS

Field	Value	IRS element (for citing)
Total Of Amounts	2788649	TotalOfAmounts
Total Revenue	36042031	TotalRevenue
Total Expenses	37188496	TotalExpenses
Excess Or Deficit For Year	-1146465	ExcessOrDeficitForYear
Other	$3,986,593	OtherAmount
Total Adjustments	3986593	TotalAdjustments
Excess Or Deficit Per FS	2840128	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	37188496	TotRevenueEtcAuditedFinclStmt
Other Revenues	1146465	OtherRevenues
Revenue Not Rptd F990	1146465	RevenueNotRptdF990
Revenue Subtotal	36042031	RevenueSubtotal
Total Revenue Per Form990	36042031	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	34348368	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	34348368	ExpensesSubtotal
Other Expenses Not Included	2840128	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	2840128	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	37188496	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
LIABILITY UNDER FIN 48 FOOTNOTE	SCHEDULE D, PAGE 3, PART X	IN JUNE 2006, THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ISSUED INTERPRETATION NO. 48 ("FIN 48"), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FIN 48 PROVIDES DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS IN ACCORDANCE WITH STATEMENT OF FINANCIAL ACCOUNTING STANDARDS 740-10-25, ACCOUNTING FOR INCOME TAXES. FIN 48 REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. IF THE TAX POSITION MEETS THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE TAX EFFECT IS RECOGNIZED AT THE LARGEST AMOUNT OF THE BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. ANY DIFFERENCE BETWEEN THE TAX POSITION TAKEN IN THE TAX RETURN AND THE TAX POSITION RECOGNIZED IN THE FINANCIAL STATEMENTS USING THE CRITERIA ABOVE RESULTS IN THE RECOGNITION OF A LIABILITY IN THE FINANCIAL STATEMENTS FOR THE UNRECOGNIZED BENEFIT. SIMILARLY, IF A TAX POSITION FAILS TO MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE BENEFIT TAKEN IN THE TAX RETURN WILL ALSO RESULT IN THE RECOGNITION OF A LIABILITY IN THE FINANCIAL STATEMENTS FOR THE FULL AMOUNT OF THE UNRECOGNIZED BENEFIT. FIN 48 BECAME EFFECTIVE JANUARY 1, 2007 FOR PUBLIC COMPANIES AND NONPUBLIC COMPANIES THAT ARE CONSOLIDATED WITH PUBLIC COMPANIES. ON DECEMBER 30, 2008, THE FASB ISSUED FASB STAFF POSITION (FSP) FIN 48-3, EFFECTIVE DATE OF FASB INTERPRETATION NO. 48 FOR CERTAIN NONPUBLIC ENTERPRISES, WHICH ALLOWS DEFERRAL OF FIN 48 FOR CERTAIN NONPUBLIC ENTERPRISES INCLUDED WITHIN THIS FSP'S SCOPE TO THE ANNUAL FINANCIAL STATEMENTS FOR FISCAL YEARS BEGINNING AFTER DECEMBER 15, 2008. THE COOPERATIVE HAS ELECTED TO DEFER IMPLEMENTATION OF FIN 48 TO ITS FIRST ANNUAL FINANCIAL STATEMENTS ENDING ON DECEMBER 31, 2009. ADOPTION OF FIN 48 DID NOT HAVE A MATERIAL EFFECT ON ITS FINANCIAL POSITION, RESULTS OF OPERATIONS OR CASH FLOWS. THE DETERMINATION OF UNCERTAIN TAX POSITIONS FOR FINANCIAL STATEMENTS PRIOR TO THE IMPLEMENTATION OF FIN 48 USES THE TAX JUDGMENTS REPORTED ON THE COOPERATIVE'S TAX RETURNS WHICH WERE BASED ON THE REQUIREMENTS FOR FILING TAX RETURNS UNDER THE VARIOUS TAXING AUTHORITY'S REQUIREMENTS FOR THE APPLICABLE FISCAL PERIOD. THESE FILINGS MAY BE SUBJECT TO AMENDMENT OR CHANGE DURING AN EXAMINATION BY THE VARIOUS TAXING AUTHORITIES, WHICH HAS NOT BEEN CONSIDERED IN THE DETERMINATION OF THE COOPERATIVE'S TAX ASSETS OR LIABILITIES INCLUDED IN THOSE CONSOLIDATED FINANCIAL STATEMENTS. THE TECHNICAL MERITS OF THE COOPERATIVE'S TAX POSITIONS ARE DERIVED FROM SOURCES OF AUTHORITIES IN THE TAX LAW (LEGISLATION AND STATUTES, LEGISLATIVE INTENT, REGULATIONS, RULINGS, AND CASE LAW) AND THEIR APPLICABILITY TO THE FACTS AND CIRCUMSTANCES OF THE TAX POSITIONS.
RECONCILIATION OF CHANGES - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 8	ACCRUAL TO CASH CONVERSION OF PATRONAGE DIVIDENDS 1,146,685 EQUITY IN EARNINGS OF SUBSIDIARY -220 PATRONAGE DIVIDENDS - ALLOCATED 2,840,128
REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XII, LINE 2D	ACCRUAL TO CASH CONVERSION OF PATRONAGE DIVIDENDS 1,146,685 EQUITY IN EARNINGS OF SUBSIDIARY -220
EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XIII, LINE 4B	PATRONAGE DIVIDENDS - ALLOCATED 2,840,128

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Written Employment Contract	X	WrittenEmploymentContract
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)

Base Compensation Filing OrgBaseCompensationFilingOrg	Other Compensation Filing OrgOtherCompensationFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
GLENN M MCCUMBER
165316	486	21491	21845	209138
FRED BROCK
	2940			2940

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
CLASSES OF MEMBERS OR STOCKHOLDERS	FORM 990, PAGE 6, PART VI, LINE 6	MEMBERS
ELECTION OF MEMBERS AND THEIR RIGHTS	FORM 990, PAGE 6, PART VI, LINE 7A	EACH MEMBER MAY CAST ONE VOTE IN EACH DIRECTOR ELECTION.
DECISIONS SUBJECT TO APPROVAL OF MEMBERS	FORM 990, PAGE 6, PART VI, LINE 7B	CERTAIN SPECIFIC ACTIONS ARE SUBJECT TO MEMBERSHIP APPROVAL.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	FORM 990 IS TO BE APPROVED AT THE MEETING OF DIRECTORS.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	ALL DIRECTORS AND KEY EMPLOYEES MUST FILL OUT CONFLICT OF INTEREST STATEMENTS.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	ORGANIZATION UTILIZES SALARY AND WAGE STUDIES FROM INDUSTRY ORGANIZATIONS AND CONSULTANTS AS NECESSARY TO DETERMINE COMPENSATION.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	ORGANIZATION UTILIZES SALARY AND WAGE STUDIES FROM INDUSTRY ORGANIZATIONS AND CONSULTANTS AS NECESSARY TO DETERMINE COMPENSATION.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	UPON REQUEST
OTHER CHANGES IN NET ASSETS EXPLANATION	FORM 990, PART XI, LINE 5	ORGANIZATION REPORTED 2,840,128 ON PAGE 10, PART IX, LINE 4 AS BENEFITS PAID TO OR FOR MEMBERS. THIS AMOUNT REPRESENTS PATRONAGE DIVIDENDS ALLOCATED FOR 2011. THE ORGANIZATION PAID 1,182,426 IN RETIREMENT OF PATRONAGE DIVIDENDS FOR 2011.

Schedule R IRS990ScheduleR

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

Field	Value	IRS element (for citing)
Business Name Line1	CENTURY COMMUNICATIONS INC	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 310	AddressLine1
City	NEOSHO	City
State	MO	State
ZIP Code	64850	ZIPCode

Field	Value	IRS element (for citing)
EIN	431435661	EIN
Primary Activity	COMMUNIC.	PrimaryActivity
Legal Domicile State	MO	LegalDomicileState

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	NEW-MAC	BusinessNameLine1

Field	Value	IRS element (for citing)
Type Of Entity	C CORP	TypeOfEntity
Share Of EOY Assets	41664	ShareOfEOYAssets
Percentage Ownership	1.00000	PercentageOwnership

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
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