2011-08-15T12:30:55-04:00 2010-12-31 990 2010-01-01 590196695 CLAY ELECTRIC COOPERATIVE INC CLAY PO BOX 308 Keystone Heights FL 32656 Richard K Davis 3524738000 2011-08-12 false 2010 2016-02-24 21:20:13Z RICHARD KENNETH DAVIS 391518737 false X WWW.CLAYELECTRIC.COM X 1937 FL TO EXCEED THE EXPECTATIONS OF OUR MEMBERS BY PROVIDING EXCELLENT CUSTOMER SERVICE AND RELIABLE ELECTRIC SERVICE AT COMPETITIVE RATES 9 9 473 446085 304222 0 351498004 390819650 111814 458104 208008 236435 351817826 391514189 0 0 4989510 5142139 0 0 337548732 371176749 342538242 376318888 9279584 15195301 481167722 524609995 220314299 253326388 260853423 271283607 TO EXCEED THE EXPECTATIONS OF OUR MEMBERS BY PROVIDING EXCELLENT CUSTOMER SERVICE AND RELIABLE ELECTRIC SERVICE AT COMPETITIVE RATES false false 376318888 PROVISION OF RELIABLE ELECTRIC SERVICE TO CONSUMERS IN A 15 COUNTY AREA 376318888 false false false false false false false false true false true false true false true false false false false false false false false false false false false true false false false false false true false false false false false true false false false true X 255 0 true 473 true true false false false false false 374601479 1661151 false X 9 9 false false false false true true true true true false true true true true true true true true true true false FL X Richard K Davis 3524738000 PO Box 308 Keystone Heights FL 326560308 ANGUS S HASTINGS 12.00 X 20400 0 0 CEDRICK M SMITH JR 10.00 X 13800 0 0 FLOYD I GNANN 8.00 X 17350 0 0 JOHN HENRY WHITEHEAD JR 10.00 X 20430 0 0 JOSEPH CARL MALPHURS 10.00 X 10680 0 0 KELLEY R SMITH JR 8.00 X 20875 0 0 LAURA G DEAN 12.00 X 19360 0 0 ROBERT S MULLINS 8.00 X 18700 0 0 SUSAN S REEVES 10.00 X 21450 0 0 RICHARD KENNETH DAVIS 43.00 X 246909 0 264313 SANFORD MARK MAXWELL 41.00 X 161459 0 91790 BRUCE ROBERT MCHOLLAN 45.00 X 147538 0 83521 HENRY BARROW 44.00 X 138285 0 43274 HERMAN DYAL 43.00 X 162030 0 71311 HOWARD MILTON MOTT JR 45.00 X 142893 0 95135 RICHARD A GRAY 40.00 X 141303 0 66033 1303462 0 715377 7 false true false Lewis Tree Svc Inc PO Box 8000 Dept 886 Buffalo NY 14267 RW Labor 2420261 Asplundh Tree Expert Co PO Box 532729 Atlanta GA 303532729 RW Labor 2261777 H HARRIS COMPUTER CORP 62133 COLLECTIONS CENTER Chicago IL 60693 CONTRACT LABOR 1411114 ABC Professional Tree Svc 4831 Old Galveston Rd Houston TX 77017 RW Labor 773079 BandJ Right of Way Maintenance Inc 690 Pebble Road Kinston AL 36453 RW Labor 714533 15 ELECTRIC 221000 374035395 373786647 248748 POLE RENTAL 531390 2420122 2420122 PATRONAGE CAPITAL 900099 13935326 13935326 INTEREST 900099 393644 393644 MERCHANDISING REVENUE 900099 35163 35163 390819650 458104 458104 43646 4548 39098 39098 39098 MOTOR VEHICLE PROGRAM 811000 133930 133930 RIVER CITY PLASTICS 221000 45708 45708 TELEPHONE SERVICES 517000 9360 9360 8339 8339 197337 391514189 388647982 446085 2420122 927515 927515 3862308 3862308 352316 352316 144656 144656 11628512 11628512 17268932 17268932 Cost of Power 293497375 293497375 Distribution Expense 25389269 25389269 Consumer Accounts Expense 12091014 12091014 Administrative & General 3289172 3289172 Customer Service & Info 2710011 2710011 5157808 5157808 376318888 376318888 0 0 1096911 85404 1470753 7216743 24208983 28808371 4891394 4571301 21440425 36791383 564609086 170804587 388043635 393804499 40015621 53332294 481167722 524609995 37480043 49939835 139475540 181475540 34000000 12500000 9358716 9411013 220314299 253326388 X 692110 695215 260161313 270588392 260853423 271283607 481167722 524609995 X 15195301 -4765117 X false true true X false 612701 9087206 9699907 171315 13444305 6545696 7069924 483905061 164256742 319648319 57388498 2149 57386349 393804499 NATIONAL RURAL UTILITIES COOP 9581351 C SEMINOLE ELECTRIC COOPERATIVE 41791922 C OTHER INVESTMENTS IN ASSOC ORG 1959021 C 53332294 OTH NON CURR LIAB 148360 CONSUMER DEPOSITS 9262653 9411013 391514189 376318888 15195301 15195301 391251540 391251540 262649 262649 391514189 376056239 376056239 262649 262649 376318888 Other revenues included on Form 990 Part XII line 4b Product and unrelated business expenses were netted against associated revenues and identified as other non-operating income on our Audited Financial Statements Revenues included in that audit report line are reflected on Part VIII Statement of Revenue as merchandising rental and miscellaneous revenue 02 Other expenses included on Form 990 Part XIII line 4b Product and unrelated business expenses were netted against associated revenues and identified as other non-operating income on our Audited Financial Statements Revenues included in that audit report line are reflected on Part VIII Statement of Revenue as merchandising rental and miscellaneous revenue X X X false false false RICHARD KENNETH DAVIS 234489 0 0 0 12420 0 252434 0 11879 0 511222 0 0 0 SANFORD MARK MAXWELL 142962 0 0 0 18497 0 83723 0 8067 0 253249 0 0 0 HERMAN DYAL 155606 0 0 0 6424 0 58544 0 12767 0 233341 0 0 0 BRUCE ROBERT MCHOLLAN 143600 0 0 0 3938 0 80161 0 3360 0 231059 0 0 0 HOWARD MILTON MOTT JR 139395 0 0 0 3498 0 87702 0 7433 0 238028 0 0 0 RICHARD A GRAY 139885 0 0 0 1418 0 57021 0 9012 0 207336 0 0 0 HENRY BARROW 139885 0 0 0 -1600 0 35668 0 7606 0 181559 0 0 0 SEMINOLE ELECTRIC COOPERATIVE POWER SUPPLIER 283137061 PURCHASED POWER-NET false SEMINOLE ELECTRIC COOPERATIVE CONTRACTOR 11497 SEE ATTACHED false SEMINOLE ELECTRIC COOPERATIVE FRCC MEMBER -64132 DUES REIMBURSEMENT false SEMINOLE ELECTRIC COOPERATIVE CUSTOMER -12584 SEE ATTACHED false 01. Unrelated business income explanation (Part V, line 3b) Form 990-T is scheduled to be signed and filed on August 16 2011 02. Members or stockholder classes and rights (Part VI, line 6) Clay Electric Cooperative has 139043 members as of December 31 2010 03. Member election for additional members (Part VI, line 7a) Clay Electric Cooperative has nine members on the Board of Trustees The Board of Trustee members serve three-year terms and each board member represents one trustee district within the co-ops service area Their terms are staggered in such a way that only three are up for election each year 04. Governing body decisions (Part VI, line 7b) The business and affairs of the cooperative are managed by a board of trustees which shall exercise all of the powers of the cooperative except such as by law the articles of incorporation or the bylaws If an amendment of the bylaws is proposed by the board of trustees the amendment must be presented to the membership 05. Form 990 governing body review (Part VI, line 11) The top financial official mailed paper copies of the 2010 Form 990 to the Board of Trustees for their review prior to the filing date 06. Conflict of interest policy compliance (Part VI, line 12c) It is a requirement that incumbents of certain positions within the Cooperative and the Board of Trustees annually complete and sign the Conflict of Interest Certification and Disclosure Form and deliver it to the General ManagerCEO or Board President 07. CEO, executive director, top management comp (Part VI, line 15a) Comparability data was used to determine the Compensation for our CEO and was approved by our Board of Trustees Board meeting minutes document the deliberations and decisions on the compensation arrangement Board meeting minutes on November 23 2010 reflect a performance appraisal and compensation review for our CEO 08. Other officer or key employee compensation (Part VI, line 15b Comparability data was used to evaluate the compensation for our other officer 09. Governing documents, etc, available to public (Part VI, line 19) Our governing documents included in our Member Handbook conflict of interest policy and financial statements included in our Kilowatt Newsletter are made available to the general public on our website at wwwclayelectriccom 10. Explanation of other changes in net assets or fund balances (Part XI, line 5) Net retirements of capital credits was 5011259 offset by unclaimed capital credits of 243039 and an increase in memberships of 3103 11. General explanation attachment Part IX-Statement of Functional Expenses-In an attempt to maintain consistency in reporting we elected to report our expenses in the same categories used in prior years On Part VI Line 13-Our written whistleblower policy was approved by the Board of Trustees on January 29 2009 and revised on June 8 2009 CLAY ELECTRIC COOPERATIVE SCHOLARSHIP TRUST INC POB 308 Keystone Heights FL 32656 576205431 PROVIDE SCHOLARSHIPS FL 501c3 Line 9 NA false CLAY ELECTRIC SERVICES INC PO BOX 308 Keystone Heights FL 32656 591613094 PROVIDE MISC BUSINESS SERVICES FL NA C Corp 1.0000 false false false false false false false false false false false false false false false false false true