2012-05-14T12:02:29-05:00 2011-12-31 161117932 BUFFAMANTE WHIPPLE BUTTAFARO PC 201 WEST THIRD STREET JAMESTOWN NY 14701 990 2011-01-01 250397695 CENTRAL ELECTRIC COOPERATIVE INC CENT 7243992931 PO BOX 329/716 ROUTE 368 PARKER PA 16049 MATTHEW P BOSHAW 7243992931 2012-05-14 1 DAVID V DITANNA CPA P01368498 7166645104 2011 2016-02-24 21:20:13Z MATTHEW BOSHAW PO BOX 329/716 ROUTE 368 PARKER PA 16049 35167867 0 1 X WWW.CENTRAL.COOP X 1937 PA PROVISION OF ELECTRICITY DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PA 8 8 83 0 32423 0 0 0 0 0 136235 178431 16941148 16230022 17077383 16408453 0 0 1110177 837516 481294 415158 0 0 0 13049590 13071216 14641061 14323890 2436322 2084563 92738852 96177290 64035854 65393049 28702998 30784241 X PROVISION OF ELECTRICITY DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNSYLVANIA. 0 0 PROVISION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNSYLVANIA PROVISION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNYSLVANIA 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 1 2 0 1 83 1 1 1 0 0 0 0 0 0 0 0 33674780 1460664 0 X 8 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DENNIS BEGGS 7243992931 PO BOX 329 PARKER PA 16049 ALTHEA SMITH 7.00 X 12800 0 1437 ROBERT STERRETT 3.00 X 6475 0 1389 BETTE WALTERS 4.00 X 9075 0 1364 KENNETH D DURRETT 4.00 X 6950 0 1134 RICHARD WEAVER 3.00 X 9200 0 1129 JODY WEAVER 6.00 X 10950 0 84 WILLIAM EICHNER 6.00 X 8350 0 1092 MERGERY TERWILLIGER 5.00 X 10800 0 363 DENNIS W BEGGS 40.00 X 94779 0 37294 MATTHEW BOSHAW 40.00 X 165998 0 34494 335377 0 79780 1 0 1 0 CBF CONTRACTING INC 13844 ROUTE 68 SLIGO PA 16255 CONTRACTING 2260267 LEWIS TREE SERVICE 300 LUCIUS GORDON DRIVE WEST HENRIETTA NY 14586 TREE TRIMMING 904567 ASPLUNDH TREE EXPERT CO 708 BLAIR MILL ROAD WILLOW GROVE PA 19090 TREE TRIMMING 235770 3 178431 178431 33674780 18759414 14915366 14915366 PAT CAP OF ASSOC. ORGS 221000 1239669 1239669 MISCELLANEOUS 221000 44602 12179 32423 EQUITY IN EARNINGS OF 221000 30385 30385 1314656 16408453 14957930 32423 1418100 837516 415158 2116021 3123573 DISTRIBUTION MAINTENANC 3074467 ADMINISTRATION AND GEN 2147555 DISTRIBUTION OPERATIONS 1272166 CONSUMER ACCOUNTS 946025 391409 14323890 3062975 288576 3227161 3295166 533545 649609 877087 1002119 239015 245150 112082067 30764307 76268287 81317760 8530782 9378910 92738852 96177290 4120760 4427020 55892336 56732732 4022758 4233297 64035854 65393049 X 0 0 1691276 2705766 27011722 28078475 28702998 30784241 92738852 96177290 X 2084563 -3320 X X 0 1 1 X 0 108102465 30764307 77338158 3979602 3979602 81317760 INVESTMENTS IN ASSOCIATED ORGANIZATIONS 9378910 C 9378910 ACCUMULATED POST RETIREMENT BENEFIT OBLIGATION 3182776 DEFERRED CREDITS 750521 ACCUMULATED PROVISION FOR STORMS 300000 4233297 16408453 14323890 2084563 -3320 -3320 2081243 35135444 18759414 18759414 16376030 32423 32423 16408453 32213365 18759414 18759414 13453951 869939 869939 14323890 PART XI, LINE 8 - OTHER ADJUSTMENTS: MEMBERSHIP FEES -3,320. PART XII, LINE 2D - COST OF POWER PART XIII, LINE 2D - COST OF POWER PART XII, LINE 4B - WILDBLUE MANAGEMENT - UNRELATED BUSINESS REVENUE APPLIED TO EXPENSES OF $32,423 PART XIII, LINE 4B ADJUSTMENTS: WILDBLUE MANAGEMENT - UNRELATED BUSINESS REVENUE APPLIED TO EXPENSES $32,423 AND RETIREMENT OF CAPITAL CREDIT PAYMENTS OF $837,516 REPORTED ON PART IX STATEMENT OF FUNCTIONAL EXPENSES ON THE FORM 990 HOWEVER ON THE AUDITED FINANCIAL STATEMENTS IT IS REPORTED AS A REDUCTION TO PATRONAGE CAPITAL. PART X, LINE 2 - THE COOPERATIVE IS EXEMPT FROM TAXES ON INCOME PURSUANT TO SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. CONSEQUENTLY, THE FINANCIAL STATEMENTS REFLECT NO PROVISION FOR TAXES ON INCOME. INCOME TAX RETURNS THAT REMAIN OPEN FOR EXAMINATION BY TAXING AUTHORITIES INCLUDE 2008 AND LATER YEARS. X X 0 0 0 MATTHEW BOSHAW 165998 0 0 0 0 0 0 0 34494 0 200492 0 0 0 RICHARD WEAVER BOARD OF DIRECTOR 18759414 DIRECTOR IS ALSO A DIRECTOR OF ALLEGHENY ELECTRIC COOPERATIVE, WHICH IS THE WHOLESALE POWER SUPPLIER TO CENTRAL RURAL ELECTRIC COOPERATIVE. 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - MEMBERS OF RURAL ELECTRIC COOPERATIVE ARE CONSUMERS OF ELECTRICITY. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - GOVERNING BODY IS ELECTED BY MEMBERS BY BALLOT VOTE. FORM 990, PART VI, SECTION B, LINE 11 LINE 11A EXPLANATION - A COPY WILL BE INCLUDED IN THE BOARD PACKAGE FOR REVIEW PRIOR TO THE BOARD MEETING. MANAGER OF ACCOUNTING & BUSINESS DEVELOPMENT WILL REVIEW AND ANSWER ANY QUESTIONS THAT THE BOARD MAY HAVE. THE BOARD WILL VOTE ON APPROVING FORM 990 FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL REVIEW AND SIGNATURE OF CONFLICT OF INTEREST POLICIES. FORM 990, PART VI, SECTION B, LINE 15 AN OUTSIDE CONSULTANT FROM NRECA PROVIDES THE BENCHMARKS FOR THE DIFFERENT TIERS OF EMPLOYEES. THESE FIGURES ARE PROVIDED TO THE BOARD. THE BOARD THEN APPROVES THE BENCHMARKS. THE BOARD APPROVES THE CEO'S SALARY, WHILE THE CEO APPROVES THE DEPARTMENT DIRECTORS' SALARIES BASED ON THE BENCHMARKS AND THE BUDGET APPROVED BY THE BOARD. THESE BENCHMARKS ARE UPDATED EVERY FEW YEARS. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE AVAILABLE AT THE MAIN OFFICE UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE AT THE MAIN OFFICE UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: MEMBERSHIP FEES -3,320. TOTAL TO FORM 990, PART XI, LINE 5: -3,320. AUDIT COMMITTEE FORM 990. PART XII LINE 2C CENTRAL ELECTRIC COOPERATIVE UTILIZES AN AUDIT COMMITTEE COMPRISED OF MEMBERS OF THE BOARD OF DIRECTORS TO OVERSEE THE SELECTION AND WORK OF THE EXTERNAL AUDITORS. CENTRAL ELECTRIC SERVICES CORPORATION PO BOX 329 ROUTE 368 EAST PARKER PA 16049 251869786 SATELLITE INTERNET PA CENTRAL ELECTRIC COOPERATIVE INC C 30385 248914 1.00000 COOPERATIVE SOLUTIONS INC PO BOX 329 ROUTE 368 EAST PARKER PA 16049 251822768 BUSINESS SERVICES PA CENTRAL ELECTRIC COOPERATIVE INC C 1.00000 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 CENTRAL ELECTRIC SERVICES CORPORATION L 32423