PEDERNALES ELECTRIC COOPERATIVE INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- PEDERNALES ELECTRIC COOPERATIVE INC (EIN 74-0828412)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-06-01
- IRS object ID
- 201221539349300717
- 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 | 2012-06-01T14:36:35-05:00 | 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 | BKD LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2800 Post Oak Blvd Ste 3200 | AddressLine1 |
| City | HOUSTON | City |
| State | TX | State |
| ZIP Code | 77056 | 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 | 740828412 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PEDERNALES ELECTRIC COOPERATIVE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % FRANK SKUBE | InCareOfName |
| Name Control | PEDE | NameControl |
| Phone | 8308685112 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1 | AddressLine1 |
| City | JOHNSON CITY | City |
| State | TX | State |
| ZIP Code | 78636 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | FRANK SKUBE | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 8308685112 | Phone |
| Date Signed | 2012-08-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | M Paige Gerich | Name |
| Phone | 7134994600 | Phone |
| 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 | R B SLOAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1 | AddressLine1 |
| City | JOHNSON CITY | City |
| State | TX | State |
| ZIP Code | 78636 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 596163066 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.PEC.COOP | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1938 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | THE PURPOSE OF THE COOPERATIVE IS TO PROVIDE SAFE, RELIABLE, LOW-COST ENERGY SERVICES IN FISCALLY RESPONSIBLE PARTNERSHIP WITH ITS MEMBER-OWNERS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 892 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 548611895 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 585108475 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2125315 | InvestmentIncomePriorYear |
| Investment Income Current Year | -179083 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 3934097 | OtherRevenuePriorYear |
| Other Revenue Current Year | 4131121 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 554671307 | TotalRevenuePriorYear |
| Total Revenue Current Year | 589060513 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 410138 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 196769 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 61698631 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 55511060 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 36048041 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 36262907 | 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 | 463821554 | OtherExpensePriorYear |
| Other Expenses Current Year | 490629756 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 561978364 | TotalExpensesPriorYear |
| Total Expenses Current Year | 582600492 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -7307057 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 6460021 | RevenuesLessExpensesCY |
| Total Assets BOY | 1291029154 | TotalAssetsBOY |
| Total Assets EOY | 1366415246 | TotalAssetsEOY |
| Total Liabilities BOY | 925306490 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 952371366 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 365722664 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 414043880 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE PURPOSE OF THE COOPERATIVE IS TO PROVIDE SAFE, RELIABLE, LOW-COST ENERGY SERVICES IN FISCALLY RESPONSIBLE PARTNERSHIP WITH ITS MEMBER-OWNERS. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 0 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | DELIVERING ELECTRICAL POWER TO OUR MEMBER/OWNERS. 242,331 ACTIVE ACCOUNTS WERE PROVIDED ELECTRIC POWER, ON A COOPERATIVE BASIS, AT YEAR-END. | Description |
| Total Program Service Expense | 0 | TotalProgramServiceExpense |
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| 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 | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | 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 | true | 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 | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 277 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 892 | 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 |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Gross Income From Members | 571941036 | GrossIncomeFromMembers |
| Gross Income Other Sources | 10183492 | GrossIncomeOtherSources |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | true | 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 | false | MinutesOfCommittees |
| Officer Mailing Address | true | 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 |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | FRANK SKUBE | NamePerson |
| Telephone Number | 8308684984 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1 | AddressLine1 |
| City | JOHNSON CITY | City |
| State | TX | State |
| ZIP Code | 78636 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (33 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| LARRY LANDAKER | ||||||||
| SECRETARY/TREASURER | 30.0 | X | X | 44500 | 0 | 0 | ||
| CRISTI CLEMENT | ||||||||
| PRESIDENT | 38.0 | X | X | 44750 | 0 | 0 | ||
| KATHRYN SCANLON | ||||||||
| DIRECTOR | 10.0 | X | 43500 | 0 | 0 | |||
| PATRICK COX | ||||||||
| DIRECTOR | 20.0 | X | 45750 | 0 | 0 | |||
| CHRIS PERRY | ||||||||
| VICE PRESIDENT | 16.0 | X | X | 43750 | 0 | 0 | ||
| ROSS FISCHER | ||||||||
| DIRECTOR | 4.0 | X | 33000 | 0 | 0 | |||
| WILLIAM BOGGS | ||||||||
| DIRECTOR | 35.0 | X | 20750 | 0 | 0 | |||
| MICHAEL E VOLLMER | ||||||||
| CHIEF FINANCIAL OFFICER | 40.0 | X | 156922 | 0 | 45036 | |||
| RILEY SLOAN | ||||||||
| CHIEF EXECUTIVE OFFICER | 40.0 | X | 266479 | 0 | 11747 | |||
| FRANK SKUBE | ||||||||
| CHIEF FINANCIAL OFFICER | 40.0 | X | 102811 | 0 | 3384 | |||
| PAUL HILGERS | ||||||||
| DEPUTY GENERAL MANAGER | 40.0 | 174513 | 0 | 15282 | X | |||
| JEANELL DAVIS | ||||||||
| COMMUNITY SERVICES MANAGER | 40.0 | 253771 | 0 | 48160 | X | |||
| JAMES BLANTON | ||||||||
| ASSISTANT GENERAL MANAGER | 40.0 | 209908 | 0 | 18368 | X | |||
| LUIS A GARCIA | ||||||||
| CORPORATE SERVICES MANAGER | 40.0 | 261372 | 0 | 37464 | X | |||
| EDWARD A DAUTERIVE | ||||||||
| MEMBER SERVICES MANAGER | 40.0 | 194427 | 0 | 30134 | X | |||
| DALE A JONES | ||||||||
| POWER SUPPLY/RATES MANAGER | 40.0 | 192038 | 0 | 34359 | X | |||
| JOHN M HOUSER | ||||||||
| DISTRICT MANAGER | 40.0 | 182471 | 0 | 39613 | X | |||
| TONI J REYES | ||||||||
| COMMUNITY RELATIONS MANAGER | 40.0 | 187854 | 0 | 43639 | X | |||
| LLOYD W MCKEE | ||||||||
| DISTRICT OPERATIONS MANAGER | 40.0 | 189806 | 0 | 37920 | X | |||
| ROBERT J DIFONZO | ||||||||
| DISTRICT MANAGER | 40.0 | 182288 | 0 | 32008 | X | |||
| HERBERT O GREBE III | ||||||||
| DISTRICT MANAGER | 40.0 | 178648 | 0 | 33439 | X | |||
| MICHAEL J RACIS | ||||||||
| COMMUNICATIONS MANAGER | 40.0 | 179305 | 0 | 29520 | X | |||
| ARCENIO LOPEZ JR | ||||||||
| SYSTEM MAINTENANCE MANAGER | 40.0 | 178787 | 0 | 21694 | X | |||
| MICHELLE M GALLOWAY | ||||||||
| TECH COMMUNICATIONS MANAGER | 40.0 | 175863 | 0 | 29844 | X | |||
| STEPHEN V MALDONADO | ||||||||
| DISTRICT MANAGER | 40.0 | 167423 | 0 | 32743 | X | |||
| ROBERT PETERSON | ||||||||
| ENGINEERING MANAGER | 40.0 | 197468 | 0 | 31999 | X | |||
| PETER SLOVER | ||||||||
| SPECIAL COUNSEL | 40.0 | 170765 | 0 | 29321 | X | |||
| AISHA HAGEN | ||||||||
| IN-HOUSE COUNSEL | 40.0 | 186221 | 0 | 23777 | X | |||
| THERESA M OWENS | ||||||||
| HUMAN RESOURCES MANAGER | 40.0 | 123939 | 0 | 10628 | X | |||
| TED J MASON | ||||||||
| DISTRICT MANAGER | 40.0 | 133208 | 0 | 47104 | X | |||
| ZELENNY MARTINEZ | ||||||||
| INFO TECHNOLOGY MANAGER | 40.0 | 147092 | 0 | 20647 | X | |||
| RICHARD ARELLANO | ||||||||
| DISTRICT MANAGER | 40.0 | 132237 | 0 | 26060 | X | |||
| PAUL LOCHTE | ||||||||
| ENGINEERING COORDINATOR | 40.0 | 123428 | 0 | 26510 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 4925044 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 760400 | TotalOtherCompensation |
| Number Individuals GT100 K | 40 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Description Of ServicesDescriptionOfServices | CompensationCompensation | Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode |
|---|---|---|---|---|---|
| PIKE ELECTRIC LLC | |||||
| ELEC DIST SUB-CONTR | 3940630 | ||||
| T D SOLUTIONS LLC | |||||
| ELEC DIST SUB-CONTR | 2890613 | 6411 MASONIC DRIVE | ALEXANDRIA | LA | 71301 |
| DELOITTE CONSULTING LLP | |||||
| CONSULTING SVCS | 10323273 | 1700 MARKET STREET | PHILADELPHIA | PA | 191033984 |
| LAMBDA CONSTRUCTION I LTD | |||||
| CONSTRUCTION SVCS | 2921129 | 211 JESSES CIRCLE | NEW BRAUNFELS | TX | 78132 |
| NORTH HOUSTON POLE LINE LP | |||||
| ELEC DIST SUB-CONTR | 2352242 | 1608 MARGARET STREET | HOUSTON | TX | 77093 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 66 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| SALE OF ELECTRICITY | 221000 | 583843195 | 583843195 |
| PATRONAGE DIVIDEND | 221000 | 1265280 | 1265280 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 585108475 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 743873 | TotalRevenueColumn |
| Exclusion | $743,873 | ExclusionAmount |
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 |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 3959050 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 3959050 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3959050 | TotalRevenueColumn |
| Exclusion | $3,959,050 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 6179597 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 7102553 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -922956 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -922956 | TotalRevenueColumn |
| Exclusion | -$922,956 | ExclusionAmount |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISC NON-OPERATING INCOME | Description |
| Business Code | 221000 | BusinessCode |
| Total Revenue Column | 172071 | TotalRevenueColumn |
| Related Or Exempt Function Income | 172071 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 172071 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 589060513 | TotalRevenueColumn |
| Related Or Exempt Function Income | 585280546 | RelatedOrExemptFunctionIncome |
| Exclusion | $3,779,967 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 196769 | 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 | 55511060 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4894588 | 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 | 17691918 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9313850 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 356039 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4006512 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3928342 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 739303 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 730271 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 90124 | 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 | 1295522 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 753030 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1894741 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3217796 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4472438 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | 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 | 245735 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39735898 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41510817 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1111243 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| COST OF PURCHASED POWER | 343050565 |
| OPERATIONS | 15930280 |
| MAINTENANCE | 11771574 |
| ADMINISTRATIVE EXPENSES | 12508011 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7644066 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 582600492 | 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 | 20603201 | BOY |
| EOY | 27861350 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50000 | BOY |
| EOY | 50000 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46062859 | BOY |
| EOY | 43794468 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9821567 | BOY |
| EOY | 9841493 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1437472 | BOY |
| EOY | 934974 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1371267350 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 235245369 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1103532770 | BOY |
| EOY | 1136021981 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11215712 | BOY |
| EOY | 11133221 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42401781 | BOY |
| EOY | 80649564 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55903792 | BOY |
| EOY | 56128195 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1291029154 | BOY |
| EOY | 1366415246 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65169320 | BOY |
| EOY | 61741679 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 751085000 | BOY |
| EOY | 732089000 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 109052170 | BOY |
| EOY | 158540687 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 925306490 | BOY |
| EOY | 952371366 | 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 | 9472390 | BOY |
| EOY | 9698540 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 356250274 | BOY |
| EOY | 404345340 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 365722664 | BOY |
| EOY | 414043880 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1291029154 | BOY |
| EOY | 1366415246 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 6460021 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 41861195 | 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) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Current Year Minus3 Years | CurrentYearMinus3Years |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8743379 | OtherCostOrOtherBasis |
| Book Value | 8743379 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 45995905 | OtherCostOrOtherBasis |
| Depreciation | 9668031 | Depreciation |
| Book Value | 36327874 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1291836700 | OtherCostOrOtherBasis |
| Depreciation | 225569754 | Depreciation |
| Book Value | 1066266946 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 24691366 | OtherCostOrOtherBasis |
| Depreciation | 7584 | Depreciation |
| Book Value | 24683782 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1136021981 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| OTHER DEF CREDITS/LIABILITIES | $15,040,027 |
| POST RET BENEFIT OBLIGATION | $143,500,660 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 158540687 | TotalOfAmounts |
| Total Revenue | 589060513 | TotalRevenue |
| Total Expenses | 582600492 | TotalExpenses |
| Excess Or Deficit For Year | 6460021 | ExcessOrDeficitForYear |
| Other | $55,051,039 | OtherAmount |
| Total Adjustments | 55051039 | TotalAdjustments |
| Excess Or Deficit Per FS | 61511060 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 588052082 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 1403 | OtherRevenues |
| Revenue Not Rptd F990 | 1403 | RevenueNotRptdF990 |
| Revenue Subtotal | 588050679 | RevenueSubtotal |
| Other Revenues Not Included | 1009834 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 1009834 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 589060513 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 526541022 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 461424 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 461424 | ExpensesNotRptdF990 |
| Expenses Subtotal | 526079598 | ExpensesSubtotal |
| Other Expenses Not Included | 56520894 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 56520894 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 582600492 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| OTHER CHANGES IN NET ASSETS | PART XI, LINE 8 | PATRONAGE DIVIDENDS ALLOCATED TO MEMBERS $ 55,511,060 EQUITY IN SUBSIDIARY EARNINGS (461,424) EXPENSES RECORDED TO NET ASSETS 1,403 ------------ $ 55,051,039 |
| REVENUE ON BOOKS, NOT ON RETURN | PART XII, LINE 2D | EXPENSES RECORDED TO NET ASSETS $ 1,403 |
| EXPENSE ON BOOKS, NOT ON RETURN | PART XIII, LINE 2D | EQUITY IN SUBSIDIARY EARNINGS $ 461,424 |
| EXPENSE ON RETURN, NOT ON BOOKS | PART XIII, LINE 4B | PATRONAGE DIVIDENDS ALLOCATED TO MEMBERS $ 55,511,060 DONATIONS 427,172 AMORTIZATION OF DEBT DISCOUNT 582,662 ------------ $ 56,520,894 |
| REVENUE ON RETURN, NOT ON BOOKS | PART XII, LINE 4B | DONATIONS $ 427,172 AMORTIZATION OF DEBT DISCOUNT 582,662 ------------ $ 1,009,834 |
| FIN 48 DISCLOSURE | PART X, LINE 2 | MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| PEC SCHOLARSHIP FUND | |||||||
| 201 S AVENUE F | JOHNSON CITY | TX | 78636 | 742897600 | 501(C)(3) | 39000 | DONATIONS |
| PEC UNITED CHARITIES INC | |||||||
| PO BOX 1 | JOHNSON CITY | TX | 78636 | 742491188 | 501(C)(3) | 157769 | DONATIONS |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 2 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIBE THE ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF FUNDS | Identifier |
| Return Reference | PART I, QUESTION 2 | ReturnReference |
| Explanation | THE ORGANIZATION MAKES GRANTS TO TWO 501(C)(3) ORGANIZATIONS AND MONITORS USE OF GRANTED FUNDS THROUGHOUT THE YEAR. BOTH ORGANIZATIONS SUPPORT CHARITABLE ACTIVITIES IN THE AREAS SERVED BY PEDERNALES ELECTRIC COOPERATIVE, INC. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (23 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAUL HILGERS | |||||||||||||
| 167569 | 0 | 0 | 0 | 6944 | 0 | 10437 | 0 | 4845 | 0 | 189795 | 0 | 0 | 0 |
| JEANELL DAVIS | |||||||||||||
| 230661 | 0 | 14502 | 0 | 8608 | 0 | 35970 | 0 | 12190 | 0 | 301931 | 0 | 0 | 0 |
| JAMES BLANTON | |||||||||||||
| 197349 | 0 | 0 | 0 | 12559 | 0 | 14635 | 0 | 3733 | 0 | 228276 | 0 | 0 | 0 |
| LUIS A GARCIA | |||||||||||||
| 212435 | 0 | 41380 | 0 | 7557 | 0 | 23267 | 0 | 14197 | 0 | 298836 | 0 | 0 | 0 |
| MICHAEL E VOLLMER | |||||||||||||
| 144178 | 0 | 0 | 0 | 12744 | 0 | 36728 | 0 | 8308 | 0 | 201958 | 0 | 0 | 0 |
| EDWARD A DAUTERIVE | |||||||||||||
| 171933 | 0 | 7500 | 0 | 14994 | 0 | 16010 | 0 | 14124 | 0 | 224561 | 0 | 0 | 0 |
| DALE A JONES | |||||||||||||
| 168495 | 0 | 7500 | 0 | 16043 | 0 | 23274 | 0 | 11085 | 0 | 226397 | 0 | 0 | 0 |
| JOHN M HOUSER | |||||||||||||
| 173379 | 0 | 7500 | 0 | 1592 | 0 | 25771 | 0 | 13842 | 0 | 222084 | 0 | 0 | 0 |
| TONI J REYES | |||||||||||||
| 158766 | 0 | 12360 | 0 | 16728 | 0 | 29644 | 0 | 13995 | 0 | 231493 | 0 | 0 | 0 |
| LLOYD W MCKEE | |||||||||||||
| 166612 | 0 | 7500 | 0 | 15694 | 0 | 23844 | 0 | 14076 | 0 | 227726 | 0 | 0 | 0 |
| ROBERT J DIFONZO | |||||||||||||
| 158084 | 0 | 7500 | 0 | 16704 | 0 | 26135 | 0 | 5873 | 0 | 214296 | 0 | 0 | 0 |
| HERBERT O GREBE III | |||||||||||||
| 155775 | 0 | 7500 | 0 | 15373 | 0 | 19448 | 0 | 13991 | 0 | 212087 | 0 | 0 | 0 |
| MICHAEL J RACIS | |||||||||||||
| 156832 | 0 | 7500 | 0 | 14973 | 0 | 15538 | 0 | 13982 | 0 | 208825 | 0 | 0 | 0 |
| ARCENIO LOPEZ JR | |||||||||||||
| 158115 | 0 | 7500 | 0 | 13172 | 0 | 14668 | 0 | 7026 | 0 | 200481 | 0 | 0 | 0 |
| MICHELLE M GALLOWAY | |||||||||||||
| 153418 | 0 | 7500 | 0 | 14945 | 0 | 15898 | 0 | 13946 | 0 | 205707 | 0 | 0 | 0 |
| STEPHEN V MALDONADO | |||||||||||||
| 156131 | 0 | 7500 | 0 | 3792 | 0 | 18810 | 0 | 13933 | 0 | 200166 | 0 | 0 | 0 |
| ROBERT PETERSON | |||||||||||||
| 186075 | 0 | 7500 | 0 | 3893 | 0 | 25998 | 0 | 6001 | 0 | 229467 | 0 | 0 | 0 |
| PETER SLOVER | |||||||||||||
| 147647 | 0 | 7497 | 0 | 15621 | 0 | 15441 | 0 | 13880 | 0 | 200086 | 0 | 0 | 0 |
| TED J MASON | |||||||||||||
| 122699 | 0 | 6133 | 0 | 4376 | 0 | 36525 | 0 | 10579 | 0 | 180312 | 0 | 0 | 0 |
| ZELENNY MARTINEZ | |||||||||||||
| 127870 | 0 | 13058 | 0 | 6164 | 0 | 11577 | 0 | 9070 | 0 | 167739 | 0 | 0 | 0 |
| RICHARD ARELLANO | |||||||||||||
| 121159 | 0 | 6149 | 0 | 4929 | 0 | 12542 | 0 | 13518 | 0 | 158297 | 0 | 0 | 0 |
| AISHA HAGEN | |||||||||||||
| 142485 | 0 | 43284 | 0 | 452 | 0 | 14512 | 0 | 9265 | 0 | 209998 | 0 | 0 | 0 |
| RILEY SLOAN | |||||||||||||
| 250438 | 0 | 0 | 0 | 16041 | 0 | 6923 | 0 | 4824 | 0 | 278226 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PERSONS WHO RECEIVED A SEVERANCE PAYMENT AND AMOUNT OF PAYMENT | Identifier |
| Return Reference | PART I, QUESTION 4A | ReturnReference |
| Explanation | THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAY DURING THE YEAR ENDED DECEMBER 31, 2011: PAUL HILGERS $ 64,520 JAMES BLANTON 51,875 THERESA OWENS 39,861 | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (13 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| PROCESS TO REVIEW FORM 990 | FORM 990, PART VI, QUESTION 11B | A COPY OF THE FORM 990 WAS PROVIDED AND REVIEWED BY THE FINANCE DEPARTMENT AND THE BOARD OF DIRECTORS AFTER COMPLETED BY TAX PREPARERS AND BEFORE IT WAS FILED WITH THE IRS. |
| GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC | FORM 990, PART VI, QUESTION 19 | THE ORGANIZATION DOES MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC VIA ITS WEBSITE. |
| PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY | FORM 990, PART VI, QUESTION 12C | THE CONFLICT OF INTEREST POLICY REQUIRES ANNUAL COMPLETION OF A CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE FORM BY ALL DIRECTORS, OFFICERS, KEY EMPLOYEES, OR MANAGERS OF THE COOPERATIVE. THE FORM, WHICH IS PART OF THE POLICY, INCLUDES AN AFFIRMATION THAT THE INDIVIDUAL WILL INFORM THE BOARD OF ANY NEW CONFLICT AFFECTING THEMSELVES OR ANY OTHER PERSON. EACH JANUARY, THESE DOCUMENTS ARE SOLICITED AND GATHERED BY THE CUSTODIAN OF THESE RECORDS, WHICH INCLUDES THE BOARD'S SECRETARY FOR BOARD MEMBERS AND PEC'S HUMAN RESOURCES DEPARTMENT FOR APPLICABLE EMPLOYEES. APPLICABLE PERSONS WHO JOIN THE COOPERATIVE ARE SUBJECT TO THE POLICY AND ARE REQUIRED TO FILE THE FORM AT THE OUTSET OF THEIR EMPLOYMENT OR DIRECTORSHIP. THE FIELD REPORTS ARE FORMALLY ACCEPTED BY THE BOARD PRESIDENT AND MADE A PART OF THE PUBLIC RECORD AT A MEETING OPEN TO COOPERATIVE MEMBERSHIP. |
| DECISION OF GOVERNING BODY SUBJECT TO APPROVAL | FORM 990, PART VI, QUESTION 7B | UNDER PEC'S BYLAWS AND ARTICLES OF INCORPORATION, THE CORPORATION MAY NOT SELL OR TRANSFER ALL OR SUBSTANTIALLY ALL OF ITS ASSETS WITHOUT THE APPROVAL OF TWO-THIRDS OF ALL MEMBERS OF THE COOPERATIVE EITHER IN PERSON OR BY PROXY. ANY AMENDMENT TO THAT SECTION OF THE ARTICLES OF INCORPORATION REQUIRES A MAJORITY VOTE OF ALL MEMBERS. TEXAS UTILITY CODE 161.151(A) REQUIRES ANY OTHER PROPOSED AMENDMENT TO THE ARTICLES OF INCORPORATION TO BE APPROVED BY A MAJORITY OF THE MEMBERS REPRESENTED IN PERSON OR BY PROXY AT A MEETING OF MEMBERS CALLED FOR THAT PURPOSE. THE LAW DOES NOT SPECIFICALLY REQUIRE BOARD APPROVAL OF AN AMENDMENT TO THE ARTICLES OF INCORPORATION, BUT AS A MATTER OF PRACTICE, ANY MEMBER VOTE WOULD LIKELY BE PURSUANT TO BOARD APPROVAL. ADDITIONALLY, PEC BYLAWS RESERVE TO MEMBERSHIP THE POWER TO REMOVE DIRECTORS FROM THE BOARD BY A VOTE OF 10% OF THE MEMBERSHIP, WITH NO REQUIREMENT FOR BOARD APPROVAL. AND, THE BYLAWS ALLOW MEMBERS TO CALL A MEETING BY A PETITION SIGNED BY AT LEAST 10% OF MEMBERS. |
| COMMITTEE'S AUTHORITY TO ACT ON BEHALF OF GOVERNING BODY | FORM 990, PART VI, QUESTION 8B | THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| REVIEW AND APPROVAL OF COMPENSATION | FORM 990, PART VI, QUESTIONS 15A & 15B | A COMPREHENSIVE COMPENSATION ASSESSMENT IS RUN ON NEWLY PROMOTED OR NEWLY HIRED EXECUTIVE POSITIONS TO DETERMINE THE MOST APPROPRIATE BEGINNING SALARY FOR THAT POSITION. THE COMPARABLE MARKET USED IS THAT OF A COMPANY IN THE ENERGY AND UTILITIES INDUSTRY IN AUSTIN, TEXAS WITH 500-1000 FTES. INDIVIDUAL FACTORS ARE ALSO USED IN DETERMINING THE APPROPRIATE BEGINNING SALARY. THESE INDIVIDUAL FACTORS INCLUDE EMPLOYEE TRAITS, SUCH AS YEARS OF EXPERIENCE, EDUCATION, AND CERTIFICATIONS, AS WELL AS, JOB TRAITS, SUCH AS WHOM THE POSITION REPORTS TO, NUMBER OF DIRECT REPORTS, AND JOB DUTIES. POSITIONS ARE MOST CLOSELY MATCHED TO A JOB DESCRIPTION IN THE COMPENSATION DATABASE WITH SIMILAR JOB DUTIES, EDUCATION, AND EXPERIENCE REQUIREMENTS. IN SOME CASES, DEPENDING ON THE POSITION, A HYBRID OF THE JOB IS COMPLETED TO MORE ACCURATELY REFLECT THE PEC POSITION JOB DUTIES. THE BEGINNING PROPOSED BASE SALARY IS BETWEEN THE 25TH AND 50TH PERCENTILE OF THE PREDICTED MEDIAN MARKET SALARY TAKING INTO CONSIDERATION TOTAL COMPENSATION. THE COST OF BENEFITS FOR PEC AT THIS LEVEL IS TYPICALLY BETWEEN 21% AND 45%. THE COST OF BENEFITS FOR THE MARKET IS TYPICALLY BETWEEN 23% AND 32%. |
| CLASSES OF MEMBERS OR STCOKHOLDERS | FORM 990, PART VI, QUESTION 6 | PEDERNALES ELECTRIC COOPERATIVE, INC. (PEC) IS A NOT-FOR-PROFIT ELECTRIC COOPERATIVE CORPORATION OWNED BY THE MEMBERS IT SERVES. |
| MEMBERS OR STOCKHOLDERS WHO CAN ELECT MEMBERS OF THE GOVERNING BODY | FORM 990, PART VI, QUESTION 7A | BOARD MEMBERS ARE ELECTED BY THE MEMBERSHIP OF THE COOPERATIVE. |
| ADDRESS OF THOSE WHO CANNOT BE REACHED AT ORGANIZATION'S MAILING ADDRESS | FORM 990, PART VI, QUESTION 9 | PAUL HILGERS 2804 W FRESCO DRIVE AUSTIN, TX 78731 MIKE VOLLMER 8402 SILVER MOUNTAIN COVE AUSTIN, TX 78737 JAMES BLANTON PO BOX 394 JOHNSON CITY, TX 78636 THERESA OWENS 509 MEADOW OAKS DRIPPING SPRINGS, TX 78620 |
| OTHER CHANGES IN NET ASSETS | FORM 990, PART XI, LINE 5 | PATRONAGE DIVIDENDS ALLOCATED TO MEMBERS $ 55,511,060 AUTHORIZED RETIREMENT PATRONAGE CAPITAL (13,415,993) CHANGE IN MEMBERSHIP CERTIFICATES 226,149 EQUITY IN SUBSIDIARY EARNINGS (461,424) EXPENSES RECORDED TO NET ASSETS 1,403 ------------ $ 41,861,195 |
| SIGNIFICANT CHANGES TO ORGANIZATIONAL DOCUMENTS | FORM 990, PART VI, QUESTION 4 | THE MEMBERS HAVE APPROVED AND MADE THE FOLLOWING CHANGES TO THE ORGANIZATIONAL DOCUMENTS SINCE THE PRIOR FORM 990 WAS FILED: AMENDED ARTICLE II, SECTION 1, TO ALLOW ALTERNATIVE SITES AND DATES TO BE SET FOR THE COOPERATIVE ANNUAL MEETING, WHILE PRESERVING THE REQUIREMENT TO PROVIDE MAILED NOTICE OF SUCH MEETING. FORMER PROVISION REQUIRED ANNUAL MEETINGS TO BE FACILITATED ON FATHER'S DAY WEEKEND. AMENDED ARTICLE III, SECTION 2, TO TIGHTEN THE CONFLICT OF INTEREST PROHIBITIONS FOR DIRECTORS, AND TO CLARIFY THE DURATION OF DIRECTOR TERMS. FORMER PROVISIONS EXCLUDED EMPLOYEES OF THE COOPERATIVE, OR EMPLOYEES OR DIRECTORS OF A WHOLESALE POWER SUPPLIER TO THE COOPERATIVE. NEW PROVISION ADDITIONALLY EXCLUDES OWNERS OF MORE THAN 10 PERCENT OF THE COMPANIES AND ENTITIES THAT HAVE RECEIVED MORE THAN $25,000 IN BUSINESS FROM THE COOPERATIVE DURING THE PREVIOUS YEAR, OR HAVE SOLD MORE THAN 5 PERCENT OF THE ENERGY PURCHASED BY THE COOPERATIVE DURING THE PREVIOUS YEAR. FORMER PROVISION DID NOT SPECIFY HOW THREE-YEAR TERMS WERE TO BE MEASURED. NEW PROVISION SPECIFIES THAT THREE YEARS MEANS FROM AN ANNUAL MEETING AT WHICH ELECTION TOOK PLACE TO THE ANNUAL MEETING THREE YEARS LATER. AMENDED ARTICLE III, SECTION 4, TO ELIMINATE LANGUAGE CALLING FOR A ONE-TIME REFERENDUM IN 2011 ON THE QUESTION OF DIRECTOR ELECTION METHODOLOGY (AT-LARGE, SINGLE-MEMBER-DISTRICTS, OR HYBRID). THE MEASURE WAS SUPERFLUOUS, AFTER SUCH ELECTION WAS CONDUCTED IN ACCORDANCE WITH A NOW-ELIMINATED BYLAW. AMENDED ARTICLE III, SECTION 5, TO CLARIFY THAT A DIRECTOR IS SUBJECT TO THE QUALIFICATIONS IN PLACE AT THE TIME OF HIS OR HER MOST RECENT ELECTION, AND NOT ANY SUBSEQUENTLY-PASSED QUALIFICATIONS. AMENDED ARTICLE III, SECTION 7, TO CLARIFY THAT THE BOARD MAY VOTE TO PAY A FIXED SUM AND REASONABLE EXPENSES TO A DIRECTOR FOR ATTENDANCE AT A MEMBER MEETING, NOT JUST AT MEETINGS OF THE BOARD. AMENDED ARTICLE VII, SECTION 2, TO CLARIFY THE ACCOUNTING CLASSIFICATION AND RESTRICTIONS ON PAYMENT TO MEMBERS OF RESIDUAL AMOUNTS LEFT AFTER PAYMENT OF DISCOUNTED PATRONAGE CAPITAL TO COOPERATIVE MEMBERS. |
| DIFFERENCE IN AMOUNT REPORTED FROM PRIOR YEAR FORM 990 | FORM 990, PART I, LINES 11 & 14 | THE COOPERATIVE DID NOT REPORT ON THEIR 2010 FORM 990 BENEFITS PAID TO OR FOR MEMBERS ON PART IX, LINE 4. HOWEVER, THE INCREASED TRANSPARENCY REQUESTED BY THE INTERNAL REVENUE SERVICE AND EFFECTIVE FOR THE 2011 FORM 990 FILING REQUIRES AN AMOUNT TO BE REPORTED IN THE CURRENT YEAR. TO ENSURE COMPARABILITY BETWEEN TAX YEARS, THE COOPERATIVE ELECTS TO INCLUDE THE AMOUNT THAT WOULD HAVE BEEN REPORTED ON LINE 4 ON THE 2010 FORM 990 ON PART 1 AS A PRIOR YEAR AMOUNT, AS IF THE REPORTING REQUIREMENTS WERE IDENTICAL IN BOTH YEARS. THEREFORE, THE PRIOR YEAR AMOUNT SHOWN ON THE 2011 FORM 990, PART 1, LINE 14 WILL BE DIFFERENT THAN THAT REPORTED AS CURRENT IN 2010. THE AMOUNT SHOWN ON LINES 18 AND 19 FOR THE PRIOR YEAR WILL ALSO DIFFER FROM THOSE AMOUNTS REPORTED ON THE 2010 FORM 990 FOR THE SAME REASON. THE COOPERATIVE HAS ALSO DETERMINED THAT RENTAL REVENUE RECEIVED FROM POLE RENTALS SHOULD BE INCLUDED ON PART VIII, LINE 6D IN 2011. TO INCREASE CONSISTENCY, THE RENTAL REVENUE FROM THE PRIOR YEAR HAS BEEN RECLASSIFIED FROM LINE 9 TO LINE 11 ON PART I OF THE 2011 FORM 990. |
| BENEFITS PAID TO OR FOR MEMBERS | FORM 990, PART IX, LINE 4 | THE COOPERATIVE HAS INTERPRETED THE AMOUNTS TO BE REPORTED ON PART IX, LINE 4, AS AMOUNTS ALLOCATED AND CALCULATED BASED ON 2011 AUDITED MARGINS. WHILE THESE AMOUNTS WERE NOT PAID OUT TO MEMBERS BEFORE DECEMBER 31, 2011, THE AMOUNT INCLUDED ON THE 2011 FORM 990 IS GENERATED USING 2011 FINANCIAL DATA AND RESULTS. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PEC SCHOLARSHIP FUND | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 S AVENUE F | AddressLine1 |
| City | JOHNSON CITY | City |
| State | TX | State |
| ZIP Code | 78636 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742897600 | EIN |
| Primary Activities | SCHOLARSHIPS | PrimaryActivities |
| Legal Domicile State | TX | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | PF | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ENVISION UTILITY SOFTWARE CORP | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4401 MASTHEAD NE SUITE 160 | AddressLine1 |
| City | ALBUQUERQUE | City |
| State | NM | State |
| ZIP Code | 87109 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 850388107 | EIN |
| Primary Activity | SOFTWARE DEVELOP | PrimaryActivity |
| Legal Domicile State | NM | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C CORPORATION | TypeOfEntity |
| Share Of Total Income | -461424 | ShareOfTotalIncome |
| Share Of EOY Assets | 0 | 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 | true | 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 |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PEC SCHOLARSHIP FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionType |
| Amount Involved | 39000 | AmountInvolved |