2012-11-14T16:26:18-06:00 2012-06-30 620808829 WINNETT ASSOCIATES PLLC P O BOX 745 SHELBYVILLE TN 37162 990 2011-07-01 620292655 MERIWETHER LEWIS ELECTRIC COOPERATIVE MERI 9317293558 P O BOX 240 CENTERVILLE TN 37033 HAROLD G WOMBLE 9317293558 2012-11-13 1 PATRICK R LILE P01067422 9316847142 X 2011 2016-02-24 21:20:13Z HAROLD G WOMBLE P O BOX 240 CENTERVILLE TN 37033 78636869 0 X WWW.MLEC.COM X 1939 TN RURAL ELECTRICITY DISTRIBUTION 13 12 90 0 0 0 0 0 81615305 78419709 157183 158097 52840 59063 81825328 78636869 0 0 0 0 1311186 1314732 0 0 0 78661234 75531664 79972420 76846396 1852908 1790473 101967119 104604750 62406340 67360503 39560779 37244247 NONE 0 0 RURAL ELECTRICITY DISTRIBUTION TO 33,733 MEMBERS LOCATED IN HICKMAN, HOUSTON, HUMPHREYS, LEWIS AND PERRY COUNTIES IN MIDDLE TENNESSEE. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 43 0 90 1 0 0 0 0 0 77239814 217160 0 X 13 12 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 1 0 0 X RANDY JAMES VP-ADM SVCS & CFO 9317293558 1625 HIGHWAY 100 CENTERVILLE TN 37033 LOUIS ANDERSON DVM 2.80 X 19938 0 3169 GENE W DEPRIEST 2.90 X 23649 0 0 L REED DREADEN 4.90 X 9516 0 3848 RAYMOND H FUSSELL 3.50 X 20002 0 2120 TOMMY GRAHAM 3.20 X 19984 0 4377 LARRY D MAYBERRY 2.70 X 12728 0 943 JEFFREY D PEERY DDS 3.20 X 23302 0 0 DAVID WAYNE QUALLS 1.50 X 13576 0 0 CASS RYE 1.30 X 21202 0 0 BILL WEBB 2.40 X 20002 0 4340 JOHNNIE RUTH ELROD 5.90 X 12124 0 0 ZACHARY HUTCHENS 2.50 X 20002 0 3797 KEITH CARNAHAN 4.60 X 20002 0 4353 HAROLD G WOMBLE 50.00 X 198120 0 72992 GRADY R JAMES 40.00 X 105329 0 44137 PAMELA G BLACKWELL 43.00 X 56176 0 34941 LARRY STRINGER 40.00 X 101773 0 40296 MIRANDA MCCALEB 45.00 X 96966 0 40471 KEN LITTLE 50.00 X 107807 0 38803 JOHN L WILLIAMS 5.00 X 19952 0 0 EDWARD W GREENWELL 50.00 X 98095 0 31209 1020245 0 329796 4 0 1 0 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 6 ELECTRIC REVENUE 221000 77239814 77239814 POLE RENTALS 531190 1179895 1179895 78419709 158097 158097 PATRONAGE DIVIDENDS 900099 59063 59063 59063 78636869 77298877 0 1337992 1314732 52609 17649 45601 48920 59731 355731 39269 2495395 4298224 78537 COST OF POWER PURCHASED 56447501 DISTRIBUTION EXPENSE - 3788240 DISTRIBUTION EXPENSE - 3401306 CUSTOMER ACCOUNTS EXPEN 2150858 2252093 76846396 365330 767680 5472453 2869591 5459203 5191127 388317 244917 478925 316382 134485505 45805101 83569356 88680404 1113506 1112310 5120029 5422339 101967119 104604750 11392938 12300804 33931062 32681209 17082340 22378490 62406340 67360503 X 0 0 134610 134005 39426169 37110242 39560779 37244247 101967119 104604750 X 1790473 -4107005 X 0 1 0 X 0 1006821 1006821 6901003 1563178 5337825 19510092 6807000 12703092 107067589 37434923 69632666 88680404 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 5422339 POST RETIREMENT BENEFITS OTHER THAN PENSION 16698869 CONSERVATION ADVANCES - TVA 2385656 CUSTOMER DEPOSITS 3088362 TRUSTEES DEFERRED COMPENSATION 205603 22378490 78636869 76846396 1790473 -4107005 -4107005 -2316532 78636869 0 78636869 0 78636869 76846396 0 76846396 0 76846396 PART XI, LINE 8 - OTHER ADJUSTMENTS: 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. X X X 0 1 0 HAROLD G WOMBLE 179791 0 0 0 18329 0 51603 0 21389 0 271112 0 0 0 PART I, LINE 4B 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. DEBBIE QUALLS FAMILY MEMBER OF DIRECTOR WAYNE QUALLS 39705 PAID EMPLOYEE COMPENSATION 0 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. CHANGES IN NET ASSETS OR FUND BALANCES: 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.