2012-11-09T04:53:08-08:00 2011-12-31 ADAMS JENKINS CHEATHAM PC 231 WYLDEROSE DR MIDLOTHIAN VA 231136845 990 2011-01-01 540116855 A & N ELECTRIC COOPERATIVE A&NE 7577879750 PO BOX 290 TASLEY VA 23441 R WAYNE BROWNING 2012-11-09 true G STEVEN GILLIAM CPA 8043231313 2011 2016-02-24 21:20:13Z R WAYNE BROWNING PO BOX 290 TASLEY VA 23441 74116130 false false X www.anec.com X 1940 VA Safe and effective distribution of electricity to members of the cooperative. 10 10 73 0 0 73792181 72715119 180330 160794 1953681 1240217 75926192 74116130 10000 10000 5390548 6361310 6732353 0 0 62172281 61729412 68543591 73862313 7382601 253817 126900790 134352076 89611087 92853971 37289703 41498105 Safe and effective distribution of electricity to members of the cooperative. false false SAFE AND EFFECTIVE DELIVERY OF ELECTRICITY false false false false false false false false false false true false true false true false true false false false false false false false false false false true false true false false false false false false false false false false false false false false false false true true true false false true 26 0 true 73 true false false false false false false false false false false false 72715119 1040640 false false false false X 10 10 false false true false true true true true true false false false true true true true true true true true false false X The Cooperative 7577879750 PO BOX 290 Tasley VA 234410290 Christopher D Bott 7.00 X 10000 0 0 ROBERT L NOCK 6.00 X 12925 0 0 E GARRISON DRUMMOND 5.00 X 12925 0 0 JAMES N BELOTE III 10.00 X 13250 0 0 ADDISON W NOTTINGHAM JR 7.00 X 13900 0 0 MILDRED M MASON 4.00 X 8700 0 0 EDWARD V PARKS JR 7.00 X 12925 0 0 R WAYNE BROWNING 8.00 X X 12150 0 0 JAMES G COLLINS JR 4.00 X X 11950 0 0 PB TANKARD 5.00 X X 10650 0 0 Dodd Obenshain 40.00 X 174316 0 71610 Vernon Brinkley 40.00 X 253111 0 73214 JACK E STURGIS JR 58.00 X 123691 0 23873 PETER A ZACH 61.00 X 137343 0 24475 Othel D Bowling 40.00 X 122718 0 81071 PENNY FOWLER 40.00 X 114237 0 47161 THOMAS A LARSON 40.00 X 125648 0 42739 1170439 364143 10 false true false ROCK CREEK P O Box 482 Greensboro MD 21639 Line Construction 888170 R&P LUCAS PO Box 90 Melfa VA 23410 Underground Const. 673075 POWER SERVICES Inc PO Box 122279 Dallas TX 753122279 Engineering 691121 Colonas Auto and Truck Repair 20039 Keller Fair Road Melfa VA 23410 Vehc Repairs & Maint 346361 ASPLUNDH 708 BLAIR MILL ROAD WILLOW GROVE PA 19090 TREE SERVICES 1819304 8 0 SALE AND DIST. OF ELECTRI 221000 72715119 72715119 72715119 160794 160794 0 0 360371 360371 360371 360371 0 0 0 0 CIAC 827787 827787 CASH PATRONAGE RECEIVED 52059 52059 879846 74116130 73594965 521165 10000 0 0 5390548 691626 0 4723029 785115 121041 411542 0 35858 0 0 0 0 0 0 0 0 0 0 0 0 0 3247956 0 4692271 0 Distribution Operation 1532647 Distribution Maintenance 3024583 Cost of power 50037751 Consumer accounts 1089056 Admin & General 374204 -2304914 73862313 0 0 0 2568 81203 5935656 10851821 0 6794381 5036836 0 0 0 1071793 1356062 843763 1056890 152076249 52284315 96906748 99791934 0 0 14191193 14919899 0 1154688 1257431 126900790 134352076 6131564 5560690 79810983 83328377 3668540 3964904 89611087 92853971 X 37289703 41498105 37289703 41498105 126900790 134352076 X 253817 3954585 X false true true X true true 1801990 1801990 150274259 52284315 97989944 99791934 14919899 Revolving loan fund 330000 Insurance reserve 1102000 Deferred credits 63807 Consumer deposits 2174580 Accrued taxes 16834 Accrued Payroll and Compensated Absences 277683 3964904 74116130 73862313 253817 3954585 3954585 4208402 74023107 74023107 93023 93023 74116130 68471765 68471765 5390548 5390548 73862313 Part XIII, Line 4b Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S Patronage Div. paid to members' $0 accounts not expense per GAAP $5390548 Part XII, Line 4b Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Cash patronage capital rec. adjustment $-734764 Contributions in aid of construction $827787 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances Noncash patronage capital allocations not revenue per IRS $734764 Patronage Div. paid to members' accts not expense per GAAP $5390548 Contributions in aid of construction not revenue per GAAP $ -827787 Net retirement of capital credits $ -1342885 Net change in memberships $ -55 true Members Helping Members Inc PO Box 290 Tasley VA 23441 263931656 10000 0 Fair Market Value Meet mission statement of Members Helping Members, Inc 1 0 X X X false false false Vernon Brinkley 253111 59724 13490 326325 THOMAS A LARSON 120885 4763 36009 6730 168387 PETER A ZACH 137343 17745 6730 161818 PENNY FOWLER 106750 7487 33671 13490 161398 Othel D Bowling 115768 6950 67581 13490 203789 Dodd Obenshain 166767 7549 58120 13490 245926 Form 990, Prt. I Line 14 & Prt IX, Line 4 Benefits Pd. To or For Mbrs. Patronage dividends paid to members' accounts was done in accordance with the pre-existing obligation in A&N Electric Cooperative's by-laws. The Cooperative is obligated to pay by credits to a capital account for each patron all such amounts in excess of operating costs and expenses. IRS instructions for line 4 changed in 2011 to include patronage dividends paid by section 501(c)(12) organizations to their members. Accordingly, these amounts are now reported on line 4. 990 PART VII SECTION A COLUMN F The Cooperative participates in the NRECA group defined pension plan. As part of this plan, participants are required to recognize the actuarial increase in the value of their account on the form 990. The contribution rate for participants in the plan are the same for all individuals in the plan. The change in actuarial value for each participant, however, varies with age. In other words, the older a participant is, the greater the increase in that individual's change in actuarial value with all other things being equal. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available New members get a copy of the by-laws when joining the Cooperative. Year end financial information is published in the Cooperative's monthly magazine in addition, the financial results are made available to the members at the annual meeting. This information is also available on the Cooperatives web site. The 990 is available upon request in addition to being available on line. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Periodically the Coop has an outside consultant review the range of compensation at the Cooperative compared to industry ranges. The National Rural Electric Cooperative Association annually publishes a salary survey that is also used as a benchmark for compensation. The board of directors approves the salary of the CEO. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts According to the Coop's Conflict of Interest Policy each Director, Officer, and Key employee must annually complete and sign a conflict of interest certification and disclosure form. In addition, the governing boards legal counsel must annually review this policy with all officials. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process The CFO and CEO review a draft of the 990. They then present a copy of the 990 to the board of directors for review, discussion and approval prior to filing with the IRS. Form 990, Part VI, Line 7b Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Changes in by-laws require a vote by the general membership of the Cooperative. Form 990, Part VI, Line 7a Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body All members of A & N Electric Cooperative receive one vote with respect to selecting the Cooperative's board of directors. Form 990, Part VI, Line 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder A & N Electric is an electric membership corporation that delivers electricity to the members of the cooperative. The members elect the board of directors, which is the governing body of the cooperative. Form 990, Part VI, Line 4 Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents The Cooperative updated its organizatinal by-laws Members Helping Members Inc PO Box 290 Tasley VA 23441 263931656 Financial Assit. for Charitable, Humanitarian and Educ. pur. VA 501(c) 3 charity A & N Electric Cooperative true false true false false false false false false false false false false false false false false true true Members Helping Members Inc r 23614 Cost Members Helping Members Inc q 20030 Cost Members Helping Members Inc b 10000 Cost