MERIWETHER LEWIS ELECTRIC COOPERATIVE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MERIWETHER LEWIS ELECTRIC COOPERATIVE (EIN 62-0292655)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-14
- IRS object ID
- 201203199349306040
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-14T16:26:18-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620808829 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINNETT ASSOCIATES PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 745 | AddressLine1 |
| City | SHELBYVILLE | City |
| State | TN | State |
| ZIP Code | 37162 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620292655 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MERIWETHER LEWIS ELECTRIC COOPERATIVE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MERI | NameControl |
| Phone | 9317293558 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 240 | AddressLine1 |
| City | CENTERVILLE | City |
| State | TN | State |
| ZIP Code | 37033 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | HAROLD G WOMBLE | Name |
| Title | PRESIDENT AND CEO | Title |
| Phone | 9317293558 | Phone |
| Date Signed | 2012-11-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PATRICK R LILE | Name |
| PTIN | P01067422 | PTIN |
| Phone | 9316847142 | Phone |
| Self Employed | X | SelfEmployed |
| 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) |
|---|---|---|
| Name Of Principal Officer Person | HAROLD G WOMBLE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 240 | AddressLine1 |
| City | CENTERVILLE | City |
| State | TN | State |
| ZIP Code | 37033 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 78636869 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.MLEC.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1939 | YearFormation |
| State Legal Domicile | TN | StateLegalDomicile |
| Activity Or Mission Description | RURAL ELECTRICITY DISTRIBUTION | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 13 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | NbrIndependentVotingMembers |
| Total Nbr Employees | 90 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 81615305 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 78419709 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 157183 | InvestmentIncomePriorYear |
| Investment Income Current Year | 158097 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 52840 | OtherRevenuePriorYear |
| Other Revenue Current Year | 59063 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 81825328 | TotalRevenuePriorYear |
| Total Revenue Current Year | 78636869 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1311186 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1314732 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 78661234 | OtherExpensePriorYear |
| Other Expenses Current Year | 75531664 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 79972420 | TotalExpensesPriorYear |
| Total Expenses Current Year | 76846396 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1852908 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1790473 | RevenuesLessExpensesCY |
| Total Assets BOY | 101967119 | TotalAssetsBOY |
| Total Assets EOY | 104604750 | TotalAssetsEOY |
| Total Liabilities BOY | 62406340 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 67360503 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 39560779 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 37244247 | NetAssetsOrFundBalancesEOY |
| Mission Description | NONE | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | RURAL ELECTRICITY DISTRIBUTION TO 33,733 MEMBERS LOCATED IN HICKMAN, HOUSTON, HUMPHREYS, LEWIS AND PERRY COUNTIES IN MIDDLE TENNESSEE. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 43 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 90 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Gross Income From Members | 77239814 | GrossIncomeFromMembers |
| Gross Income Other Sources | 217160 | GrossIncomeOtherSources |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 13 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RANDY JAMES VP-ADM SVCS & CFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9317293558 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1625 HIGHWAY 100 | AddressLine1 |
| City | CENTERVILLE | City |
| State | TN | State |
| ZIP Code | 37033 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (21 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| LOUIS ANDERSON DVM | ||||||
| BOARD VICE CHAIRMAN | 2.80 | X | 19938 | 0 | 3169 | |
| GENE W DEPRIEST | ||||||
| BOARD CHAIRMAN | 2.90 | X | 23649 | 0 | 0 | |
| L REED DREADEN | ||||||
| DIRECTOR | 4.90 | X | 9516 | 0 | 3848 | |
| RAYMOND H FUSSELL | ||||||
| BOARD CHAIRMAN/ VICE CHAIRMAN | 3.50 | X | 20002 | 0 | 2120 | |
| TOMMY GRAHAM | ||||||
| DIRECTOR | 3.20 | X | 19984 | 0 | 4377 | |
| LARRY D MAYBERRY | ||||||
| DIRECTOR | 2.70 | X | 12728 | 0 | 943 | |
| JEFFREY D PEERY DDS | ||||||
| DIRECTOR | 3.20 | X | 23302 | 0 | 0 | |
| DAVID WAYNE QUALLS | ||||||
| DIRECTOR | 1.50 | X | 13576 | 0 | 0 | |
| CASS RYE | ||||||
| DIRECTOR | 1.30 | X | 21202 | 0 | 0 | |
| BILL WEBB | ||||||
| DIRECTOR | 2.40 | X | 20002 | 0 | 4340 | |
| JOHNNIE RUTH ELROD | ||||||
| DIRECTOR | 5.90 | X | 12124 | 0 | 0 | |
| ZACHARY HUTCHENS | ||||||
| DIRECTOR | 2.50 | X | 20002 | 0 | 3797 | |
| KEITH CARNAHAN | ||||||
| DIRECTOR | 4.60 | X | 20002 | 0 | 4353 | |
| HAROLD G WOMBLE | ||||||
| PRESIDENT AND CEO | 50.00 | 198120 | 0 | 72992 | X | |
| GRADY R JAMES | ||||||
| TREASURER AND CFO | 40.00 | 105329 | 0 | 44137 | X | |
| PAMELA G BLACKWELL | ||||||
| CORPORATE SECRETARY | 43.00 | 56176 | 0 | 34941 | X | |
| LARRY STRINGER | ||||||
| VP OF SUPPORT SERVICES | 40.00 | 101773 | 0 | 40296 | X | |
| MIRANDA MCCALEB | ||||||
| VP OF EMPLOYEE/MEMBER SERV | 45.00 | 96966 | 0 | 40471 | X | |
| KEN LITTLE | ||||||
| VP OF ENGINEERING | 50.00 | 107807 | 0 | 38803 | X | |
| JOHN L WILLIAMS | ||||||
| GENERAL COUNSEL | 5.00 | 19952 | 0 | 0 | X | |
| EDWARD W GREENWELL | ||||||
| VP OF OPERATIONS | 50.00 | 98095 | 0 | 31209 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1020245 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 329796 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| TREES INC | |||||
| 708 BLAIR MILL ROAD | WILLOW GROVE | PA | 19090 | CONTRACT RIGHT OF WAY CREWS | 833181 |
| DAVIS ELLIOTT CO INC | |||||
| PO BOX 37251 | BALTIMORE | MD | 212973251 | CONTRACT LINE CREWS | 558104 |
| ASPLUNDH TREE EXPERT | |||||
| PO BOX 532729 | ATLANTA | GA | 30353 | RIGHT OF WAY MAINTENANCE | 278008 |
| HUNT TECHNOLOGIES | |||||
| PO BOX 1450 | MINNEAPOLIS | MN | 554857447 | AMI ENDPOINTS | 256537 |
| PATTERSON & DEWAR ENGINEERING SERVICES | |||||
| PO BOX 2808 | NORCROSS | GA | 30091 | CONSULTING/DRAFTING | 197021 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| ELECTRIC REVENUE | 221000 | 77239814 | 77239814 | |
| POLE RENTALS | 531190 | 1179895 | $1,179,895 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 78419709 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 158097 | TotalRevenueColumn |
| Exclusion | $158,097 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PATRONAGE DIVIDENDS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 59063 | TotalRevenueColumn |
| Related Or Exempt Function Income | 59063 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 59063 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 78636869 | TotalRevenueColumn |
| Related Or Exempt Function Income | 77298877 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,337,992 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1314732 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52609 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17649 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45601 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48920 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59731 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 355731 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39269 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2495395 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4298224 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78537 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| COST OF POWER PURCHASED | 56447501 |
| DISTRIBUTION EXPENSE - | 3788240 |
| DISTRIBUTION EXPENSE - | 3401306 |
| CUSTOMER ACCOUNTS EXPEN | 2150858 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2252093 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76846396 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 365330 | BOY |
| EOY | 767680 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5472453 | BOY |
| EOY | 2869591 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5459203 | BOY |
| EOY | 5191127 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 388317 | BOY |
| EOY | 244917 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 478925 | BOY |
| EOY | 316382 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 134485505 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 45805101 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83569356 | BOY |
| EOY | 88680404 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1113506 | BOY |
| EOY | 1112310 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5120029 | BOY |
| EOY | 5422339 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101967119 | BOY |
| EOY | 104604750 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11392938 | BOY |
| EOY | 12300804 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33931062 | BOY |
| EOY | 32681209 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17082340 | BOY |
| EOY | 22378490 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62406340 | BOY |
| EOY | 67360503 | 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 | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 134610 | BOY |
| EOY | 134005 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39426169 | BOY |
| EOY | 37110242 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39560779 | BOY |
| EOY | 37244247 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101967119 | BOY |
| EOY | 104604750 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1790473 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -4107005 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 0 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1006821 | OtherCostOrOtherBasis |
| Book Value | 1006821 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6901003 | OtherCostOrOtherBasis |
| Depreciation | 1563178 | Depreciation |
| Book Value | 5337825 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 19510092 | OtherCostOrOtherBasis |
| Depreciation | 6807000 | Depreciation |
| Book Value | 12703092 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 107067589 | OtherCostOrOtherBasis |
| Depreciation | 37434923 | Depreciation |
| Book Value | 69632666 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 88680404 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (9 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| PREPAYMENTS - INSURANCE, DUES, MAINTENANCE | 25938 |
| INTEREST RECEIVABLE | 30194 |
| POLE RENTAL FEES RECEIVABLE | 608499 |
| RECEIVABLES FROM MEMBERS FOR CONSERVATION LOANS | 2291770 |
| REFUNDABLE DEPOSIT - ANSWER QUICK | 1250 |
| DEFERRED WORK PLAN CHARGES | 91181 |
| STORES EXPENSE UNDISTRIBUTED | 637 |
| ACCRUED UTILITY REVENUE | 2278673 |
| OTHER DEFERRED CHARGES | 94197 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 5422339 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| POST RETIREMENT BENEFITS OTHER THAN PENSION | $16,698,869 |
| CONSERVATION ADVANCES - TVA | $2,385,656 |
| CUSTOMER DEPOSITS | $3,088,362 |
| TRUSTEES DEFERRED COMPENSATION | $205,603 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 22378490 | TotalOfAmounts |
| Total Revenue | 78636869 | TotalRevenue |
| Total Expenses | 76846396 | TotalExpenses |
| Excess Or Deficit For Year | 1790473 | ExcessOrDeficitForYear |
| Other | -$4,107,005 | OtherAmount |
| Total Adjustments | -4107005 | TotalAdjustments |
| Excess Or Deficit Per FS | -2316532 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 78636869 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 78636869 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 78636869 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 76846396 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 76846396 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 76846396 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART XI, LINE 8 - OTHER ADJUSTMENTS: | Identifier |
| Explanation | AMORTIZATION OF ACTURIAL LOSS-POSTRETIREMENT BENEFIT OBLIGATION 205,600. NET CHANGE IN MEMBERSHIPS -605. ACTUARIAL GAIL(LOSS)-POSTRETIREMENT BENEFIT OBLIGATION -4,312,000. TOTAL TO SCHEDULE D, PART XI, LINE 8: -4,107,005. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | HAROLD G WOMBLE | NamePerson |
| Base Compensation Filing Org | 179791 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 18329 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 51603 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 21389 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 271112 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 4B | ReturnReference |
| Explanation | DEFERRAL OF COMPENSATION MAY BE MADE BY THE CEO THROUGH A DEFERRED COMPENSATION PLAN UNAVAILABLE TO OTHER EMPLOYEES. THE COOPERATIVE DOES NOT MAKE CONTRIBUTIONS TO, NOR INCUR ANY OTHER COSTS OF, THE PLAN. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DEBBIE QUALLS | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | FAMILY MEMBER OF DIRECTOR WAYNE QUALLS | Relationship |
| Amount Of Transaction | 39705 | AmountOfTransaction |
| Description Of Transaction | PAID EMPLOYEE COMPENSATION | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THERE IS ONLY ONE CLASS OF MEMBERS. ALL MEMBERS HAVE THE RIGHT TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS (THE GOVERNING BODY OF MLEC). | |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS ARE ASSIGNED TO DISTRICT'S BASED ON THE LOCATION OF THEIR SERVICE. EACH DISTRICT'S MEMBERS ELECT REPRESENTATIVES TO SERVE ON THE BOARD OF DIRECTORS. DIRECTORS SERVE FOUR YEAR TERMS. | |
| FORM 990, PART VI, SECTION A, LINE 7B | CHANGES TO THE BY-LAWS AS WELL AS ANY SALE OR TERMINATION OF THE COOPERATIVE WOULD HAVE TO BE APPROVED BY THE MEMBERS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO ITS SUBMITTAL TO THE IRS. THE FORM IS ALSO REVIEWED BY THE CEO AND CFO. | |
| FORM 990, PART VI, SECTION B, LINE 15A | DETERMINATION OF THE CEO'S COMPENSATION IS CONDUCTED ANNUALLY BY THE BOARD AND INCLUDES COMPARABILITY DATA. THE PROCESS IS DELIBERATIVE AND THE RESULTS ($ AND EFFECTIVE DATE) ARE DOCUMENTED. | |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL MEMBERS ARE FURNISHED A COPY OF THE "BY-LAWS AND RULES AND REGULATIONS" UPON APPLICATION FOR MEMBERSHIP, OR UPON REQUEST. AUDITED FINANCIAL STATEMENTS ARE FURNISHED AS A SUMMARY IN THE ANNUAL REPORT (WITH NARRATIVE) IN THE TENNESSEE MAGAZINE. ADDITIONAL DETAIL IS FURNISHED UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | AMORTIZATION OF ACTURIAL LOSS-POSTRETIREMENT BENEFIT OBLIGATION 205,600. NET CHANGE IN MEMBERSHIPS -605. ACTUARIAL GAIL(LOSS)-POSTRETIREMENT BENEFIT OBLIGATION -4,312,000. TOTAL TO FORM 990, PART XI, LINE 5: -4,107,005. | CHANGES IN NET ASSETS OR FUND BALANCES: |