2011-08-01T16:31:47-05:00 2010-12-31 WEST & COMPANY LLC 919 E HARRIS GREENVILLE IL 62246 990 2010-01-01 370525575 SOUTHWESTERN ELECTRIC COOPERATIVE INC SOUT 6186641025 PO BOX 549 525 US ROUTE 40 GREENVILLE IL 622460549 DAN TILLMAN 6186641025 2011-07-28 1 JANICE K ROMACK 6186644848 2010 2016-02-24 21:20:13Z KERRY SLOAN PO BOX 549 525 US ROUTE 40 GREENVILLE IL 622460549 54380699 0 X WWW.SWECI.COM X 1939 IL AN ELECTRIC COOPERATIVE THAT PROVIDES ELECTRIC DISTRIBUTION SERVICE TO ITS MEMBERS. 9 9 82 0 0 0 0 0 40215998 53482826 586965 320308 690157 577565 41493120 54380699 0 0 0 0 6168113 6593059 0 0 0 33041487 46060755 39209600 52653814 2283520 1726885 159337339 156658822 100843199 97122926 58494140 59535896 X THE CORPORATE PURPOSE AND GOAL IS IN ACCORDANCE WITH AND THROUGH THE EXERCISE OF AUTHORITY GRANTED BY THE LAWS OF THE STATE OF ILLINOIS, THE COOPERATIVE'S ARTICLES OF INCORPORATION AND THE BYLAWS, TO PROVIDE ENERGY AND OTHER SERVICES TO IT MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND PRUDENT MANAGEMENT, AND TO OPERATE ON A COOPERATIVE, NON-PROFIT BASIS FOR THE BENEFIT OF ITS MEMBERS. 0 0 THE COOPERATIVE PROVIDES ELECTRIC SERVICE TO 23,576 ELECTRIC SERVICES IN BOND, MADISON AND FAYETTE COUNTIES IN ILLINOIS. (CODE:221000) 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 1 37 0 1 82 1 0 0 0 0 0 53842533 538166 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 0 1 1 1 1 X RONALD SCHAUFELBERGER SECRETARY 8006378667 525 US ROUTE 40 GREENVILLE IL 62246 ALAN LIBBRA 4.30 X X 21354 0 0 ANN SCHWARM 4.50 X X 21854 0 0 RONALD SCHAUFELBERGER 3.30 X X 20754 0 0 BARBARA TEDRICK 4.00 X X 22015 0 0 RICHARD GUSEWELL 5.00 X 23454 0 0 CARL BARTH 4.70 X 22262 0 0 JAMES GRAPPERHAUS 3.40 X 21187 0 0 THEODORE WILLMAN 3.40 X 21454 0 0 RANDALL WOLF 4.30 X 11816 0 0 KERRY SLOAN 40.00 X 335340 0 198119 DANIEL TILLMAN 40.00 X 111413 0 76203 RACHEL SLOAN 40.00 X 161869 0 84953 RUSSELL GILBERT 40.00 X 109329 0 72007 RICHARD MCGILL 40.00 X 116285 0 85200 ANDREW JONES 40.00 X 125471 0 80088 PAUL STRAUSBAUGH 40.00 X 115227 0 23750 1261084 0 620320 14 0 1 0 JF ELECTRIC INC PO BOX 570 EDWARDSVILLE IL 62025 ELEC. LINE CONSTRUCTION 624108 OIL FIELD TREE SERVICE PO BOX 247 WEST FRANKFORT IL 62896 R.O.W. CLEARING 349153 FELLON-MCCORD 10200 FOREST GREEN BLVD LOUISVILLE KY 40223 POWER SCHEDULING/TRADING 220978 ASPLUNDH TREE EXPERT CO 1700 SOLUTIONS CENTER CHICAGO IL 60677 R.O.W. CLEARING 136875 TOTH & ASSOCIATIES 300 S JOHN Q HAMMONS PARKWAY SPRINGFIELD MO 65806 ENGINEERING SERVICES 136032 7 SALE OF ELECTRICITY 221000 53482826 53482826 53482826 320308 320308 FORFEITED DISCOUNTS & 221000 359707 359707 PATRONAGE DIVIDENDS 900099 179607 179607 NON-OPERATING MARGINS 900099 38251 38251 577565 54380699 54060391 0 320308 807772 3605319 980890 751642 447436 121874 44000 1512943 290780 515143 417943 3680389 4029853 500174 ENERGY 32959101 TAXES 598554 TRANSPORTATION 458223 MATERIAL 374748 GENERATION FUEL 254846 302184 52653814 1450086 1526701 30580672 18718473 4589962 7232805 1333052 1279315 193304 206281 153006943 34508013 113949349 118498930 7240914 9196317 159337339 156658822 2628535 5484868 92170802 88528423 6043862 3109635 100843199 97122926 X 0 0 58494140 59535896 0 0 58494140 59535896 159337339 156658822 X 1726885 -685129 X X 0 1 1 X 0 533137 533137 3468718 785044 2683674 141276771 31973889 109302882 7728317 1749080 5979237 118498930 INVESTMENTS IN SUBSIDIARY COMPANIES 4406170 INVESTMENTS IN ASSOCIATED ORGANIZATIONS-PATRONAGE CAPITAL 1226094 INVESTMENTS IN ASSOCIATED ORGANIZATIONS-GENERAL FUNDS 2032595 INVESTMENTS IN ASSOCIATED ORGANIZATIONS-NON-GENERAL FUNDS NRU-CFC CTC'S 1240548 OTHER INVESTMENTS-ERC LOANS & CONSUMER LOANS 218466 SPECIAL FUNDS 33559 OTHER CURRENT & ACCRUED ASSETS-ACCRUED INTEREST 38885 9196317 CONSUMER DEPOSITS 479427 OTHER CURRENT & ACCRUED LIABILITIES-TAXES, INS, EXCISE ETC 703470 DEFERRED CREDS-MARGIN STABILIZATION, UNCL CAP CRD 1926738 3109635 1 X X 0 0 0 KERRY SLOAN 324633 0 0 0 10707 0 184202 0 16801 0 536343 0 0 0 DANIEL TILLMAN 105506 0 5000 0 907 0 58178 0 15714 0 185305 0 0 0 RACHEL SLOAN 161456 0 100 0 313 0 84953 0 749 0 247571 0 0 0 RUSSELL GILBERT 108821 0 0 0 508 0 53982 0 15758 0 179069 0 0 0 RICHARD MCGILL 115002 0 0 0 1283 0 67174 0 15778 0 199237 0 0 0 ANDREW JONES 122618 0 0 0 2853 0 62141 0 15802 0 203414 0 0 0 MICHAEL WILLMAN FAMILY MEMBER OF DIRECTOR 107064 COMPENSATION 0 RACHEL SLOAN FAMILY MEMBER OF CEO 161869 COMPENSATION 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS REQUIRED. ANY PERSON WHO MEETS THE QUALIFICATIONS FOR MEMBERSHIP, AS OUTLINED IN SECTION 2 OF THE BYLAWS, HAS THE RIGHT TO PARTICIPATE IN THE ORGANIZATIONS'S GOVERNANCE OR TO RECEIVE DISTRIBUTION OF INCOME OR ASSETS FROM THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A PER SECTION 2. A.2 OF THE BYLAWS.."MEMBERS SHALL BE ENTITLED TO VOTE AT ANY MEETING OF THE MEMBERS OF THE COOPERATIVE,...SHALL BE ENTITLED TO BE ELECTED A DIRECTOR OF THE COOPERATIVE SUBJECT TO COMPLIANCE WITH THE QUALIFICATIONS STATED IN SECTION 5. FORM 990, PART VI, SECTION A, LINE 7B SECTION 4.C. OF THE BYLAWS COVERS VOTING ON ISSUES DULY PRESENTED TO THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE CFO OF THE FILING ORGANIZATION. ONCE COMPLETED, THE CFO FORWARDS THE FORM TO THE CPA FIRM TO REVIEW AND PREPARE FOR ELECTRONIC TRANSMISSION. THE CFO REVIEWS THE FINAL COPY. THE FINAL FORM 990 IS THEN, PRIOR TO FILING, PRESENTED TO THE BOARD AT THE SAME BOARD MEETING THAT THE COMPLETED AUDIT REPORT IS PRESENTED. FORM 990, PART VI, SECTION B, LINE 12C BY THE INHERENT INTIMATE NATURE AMONG ITS MEMBERS, THE BOARD REGULARLY MONITORS THIS POLICY THROUGH DISCUSSION AND INTERACTION WITH THE PUBLIC AND THE MEMBERS OF THE COOPERATIVE. FORM 990, PART VI, SECTION B, LINE 15 THE COOPERATIVE ANNUALLY PARTICIPATES IN A NATIONAL COMPENSATION STUDY CONDUCTED BY NRECA IN ORDER TO MONITOR/COMPARE/ESTABLISH THE RATE OF COMPENSATION FOR ITS STAFF. FORM 990, PART VI, SECTION C, LINE 19 THE COOPERATIVE MAKES AVAILABLE TO ITS MEMBERS UPON REQUEST GOVERNING DOCUMENTS AND POLICIES AT THE CORPORATE HEADQUARTERS. IT ALSO PLACES BYLAWS/MEMBER GUIDES AND FINANCIALS ON ITS WEBSITE FOR INSPECTION. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: RETIREMENTS OF PATRONAGE CAPITAL ($690,449) -690,449. NEW MEMBERSHIP FEES $4,430 4,430. CANCELLED MEMBERSHIPS $890 890. TOTAL TO FORM 990, PART XI, LINE 5: -685,129. FORM 990, PART XI, LINE 2C: PROCESS HAS NOT CHANGED. THE FULL BOARD ESSENTIALLY HAS OVERSIGHT. PROPANE PLUS INC 525 US ROUTE 40 PO BOX 549 GREENVILLE IL 62246 371331451 RETAIL PROPANE GAS SALES IL SWECI C -114955 4245998 1.00000 NEW ILLINOIS COOPERATIVE ENERGY INC 525 US ROUTE 40 PO BOX 549 GREENVILLE IL 62246 261616116 START-UP RETAIL ELECTRICITY SALES IL SWECI C -11986 491757 1.00000 1 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 PROPANE PLUS INC A 125209 AMORTIZATION SCHEDULE PROPANE PLUS INC D 882000 GENERAL LEDGER PROPANE PLUS INC N 88898 TIME SHEETS PROPANE PLUS INC P 79500 GENERAL LEDGER NEW ILLINOIS COOPERATIVE ENERGY 0 FORM 990, SCHEDULE R, PART V, LINE 2: THE VALUES FOR ALL TRANSACTIONS ARE VALUED BASED ON ACTUAL CASH EXCHANGED WITH THE RELATED ORGANIZATION.