2011-08-12T09:07:58-05:00 2010-12-31 BALESTRA HARR & SCHERER CPAS INC PO BOX 875 CIRCLEVILLE OH 431130875 990 2010-01-01 314335585 WASHINGTON ELECTRIC COOPERATIVE IN WASH PO BOX 800 406 COLEGATE DRIVE MARIETTA OH 45750 KENNETH J SCHILLING 2011-08-12 true JEFFREY A HARR 7404745210 2011-08-12 2010 2016-02-24 21:20:13Z DAVID MILLER PRESIDENT 43829 HOHMAN ROAD CALDWELL OH 43724 15259798 false X WECI.ORG X 1936 OH PROVIDING ELECTRIC POWER TO COOPERATIVE MEMBERS. 8 8 31 0 0 12908586 14798541 54034 41409 213563 419778 13176183 15259728 37085 35134 0 2061990 2070170 0 0 11030507 11999442 13129582 14104746 46601 1154982 38640939 39370075 21554511 21229814 17086428 18140261 PROVIDING ELECTRIC POWER TO COOPERATIVE MEMBERS. false false 14104746 35134 RURAL DISTRIBUTION OF ELECTRIC ENERGY AND RELATED SERVICES TO 10,518 CONSUMER ACCOUNTS. 14104746 false false false false false false false false false true true false false true true true false false false false false false false false false false true true true false false false false false true false false false false false false false false false true 21 0 true 31 true false false false false false false false false false false false 14798541 461257 false X 8 8 true false false false true true true true true false false true true true true true true true true false X DOUGLAS M PALM 7403732141 406 COLEGATE DR P O BOX 800 MARIETTA OH 45750 PAUL FLEEMAN 4.30 X 17765 0 0 ELDON MILLER 7.00 X 17765 0 0 JODY POLEN-PARRISH 5.00 X 14865 2550 0 FRANK HAUGHT 12.00 X 17359 0 0 DAVID MILLER 4.50 X 6536 0 0 LARRY ULLMAN 7.00 X 4036 0 0 WILLIAM BOWERSOCK 8.00 X 4023 0 0 DALE HAUGHT 3.00 X 3505 0 0 DARYL BOWERSOCK 2.00 X 1792 0 0 KENNETH SHILLING 55.00 X 110515 0 43933 CALVIN HENDERSHOT 60.00 X 106828 0 53379 DOUGLAS PALM 50.00 X 81171 0 37818 386160 2550 135130 2 false true false ASPLUNDH TREE EXPERT CO 1700 SOLUTIONS CENTER CHICAGO IL 60677 ROW CUTTING 549937 PIKE ELECTRIC INC PO BOX 1000 MEMPHIS TN 38148 PLANT CONSTRUCT 505360 RESCO PO BOX 26036 COLUMBUS OH 43226 UTIL PLANT MATL 395230 N R E C A 4301 WILSON BLVD ARLINGTON VA 22203 RET/HEALTH INS 336117 GIS LANDMARK LLC 126 S MAIN ST MOUNT VERNON OH 43050 DATA COLLECTION 152858 7 SALE OF ELECTRICITY 14798541 14798541 14798541 38729 38729 226303 226303 226303 226303 2750 70 2680 2680 2680 PATRONAGE CAP FROM ASSOC ORG 193475 193475 193475 15259728 14798541 461187 11784 11784 23350 23350 386160 386160 958547 958547 265626 265626 367558 367558 92279 92279 475 475 22866 22866 15135 15135 14324 14324 3636 3636 25352 25352 69177 69177 37329 37329 14539 14539 1005825 1005825 1005127 1005127 52958 52958 COST OF POWER 7052911 7052911 DISTRIBUTION - MAINTENANC 1207649 1207649 DISTRIBUTION - OPERATION 537999 537999 EXCISE TAX 479383 479383 ALL OTHER EXPENSES 256472 256472 198285 198285 14104746 14104746 0 0 946375 428008 2928152 3301891 312888 267197 143339 317409 38219367 9301341 28114732 28918026 5961679 5884076 233774 253468 38640939 39370075 2414415 2599181 19049700 18461903 90396 168730 21554511 21229814 X 17086428 18140261 17086428 18140261 38640939 39370075 X 1154982 -101149 X false true true X false false false false false false false false false false false 465922 465922 519045 381461 137584 1833068 1418100 414968 35401332 7501780 27899552 28918026 BUCKEYE POWER 4988949 C CAPITAL CERTIFICATES 531623 C RESCO 155516 C NRUCFC 120106 C OTHER 51550 C NATIONAL INFORMATION SOLUTIONS 36332 C 5884076 253468 CONSUMERS' ADVANCES FOR CONSTRUCTION 168730 168730 15259728 14104746 1154982 1154982 15259798 70 70 15259728 15259728 14104816 70 70 14104746 14104746 LIABILITY UNDER FIN 48 FOOTNOTE SCHEDULE D, PAGE 3, PART X THE COOPERATIVE IS A RURAL ELECTRIC COOPERATIVE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN RECORDED. DURING 2009, THE COOPERATIVE ADOPTED THE NEW ACCOUNTING STANDARD RELATED TO UNCERTAIN TAX POSITIONS. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS TAKEN BY THE COOPERATIVE ON ITS TAX RETURNS THAT THEY CONSIDER TO BE UNCERTAIN OR THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS. TAX RETURNS FOR THE YEARS ENDED 2007, 2008 AND 2009 ARE STILL OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 COST OF FIXED ASSETS SOLD 70 COST OF FIXED ASSETS SOLD -70 REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D COST OF FIXED ASSETS SOLD 70 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 2D COST OF FIXED ASSETS SOLD 70 true X SCHOLARSHIPS 5 3500 CONSUMER REBATES 72 19850 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES SCHEDULE I, PAGE 1, PART I, LINE 2 WASHINGTON ELECTRIC COOPERATIVE REVIEWS ENROLLMENT AND ACCEPTANCE INFORMATION ON THE SCHOLARSHIP RECIPIENTS' APPLICATIONS. WASHINGTON ELECTRIC COOPERATIVE PROVIDES INCENTIVE REBATES TO MEMBERS WHO HAVE RADIO-CONTROLLED SWITCHES INSTALLED ON THEIR ELECTRIC WATER HEATERS, HEAT PUMPS, GEOTHERMAL SYSTEMS AND WHOLE-HOUSE AIR CONDITIONERS. WECI'S INSTALLER CONDUCTS A FIELD INVESTIGATION DURING INSTALLATION PRIOR TO THE REBATE CHECK BEING ISSUED. false false false KENNETH SHILLING 110515 43933 110515 43933 106659 30550 CALVIN HENDERSHOT 106828 53379 106828 53379 103879 35072 DAVID MILLER TRUSTEE false ADDITIONAL INFORMATION SCHEDULE L PART V THE COOPERATIVE IS A MEMEBER OF BUCKEYE POWER INC WHICH IS A GENERATING AND TRANSMISSION COOPERATIVE THE COOPERATIVE HAS ENTERED INTO AN AGREEMENT WITH BUCKEYE POWER INC TO SUPPLY SUBSTANTIALLY ALL OF THE COOPERATIVES POWER NEEDS THE COOPERATIVES BOARD PRESIDENT DAVID MILLER SERVES ON THE BOARD OF BUCKEYE POWER INC AND DEVOTES 2 HOURS PER WEEK TO BUCKEYE POWER INC OTHER INFORMATION THE COOPERATIVES BOARD SECRETARYTREASURER JODY POLENPARRISH SERVED ON THE BOARD OF THE OHIO RURAL ELECTRIC COOPERATIVE INC THROUGH 2010 AND CHAIRED THEIR YOUTH COMMITTEE SHE DEVOTED 56 HOURS PER WEEK TO OREC IN ADDITION THE COOPERATIVES BOARD PRESIDENT DAVID MILLER AND GENERAL MANAGER KEN SCHILLING SERVE TOGETHER ON THE BOARD OF GREEN VALLEY COOPERATIVE INC RELATED PARTY INFORMATION AMONG OFFICERS FORM 990, PAGE 6, PART VI, LINE 2 DALE HAUGHT FRANK HAUGHT TRUSTEE TRUSTEE BROTHERS WILLIAM BOWERSOCK DARYL BOWERSOCK (OFF BD 1/18/10) TRUSTEE TRUSTEE UNCLE/NEPHEW CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS/OWNERS. ELECTION OF MEMBERS AND THEIR RIGHTS FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS ELECT TRUSTEES AT THE ANNUAL MEETING. DECISIONS SUBJECT TO APPROVAL OF MEMBERS FORM 990, PAGE 6, PART VI, LINE 7B BYLAW CHANGES AND SOME ISSUES ARE VOTED ON BY THE MEMBER/OWNERS. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B THE PRESIDENT OF THE BOARD OF TRUSTEES, GENERAL MANAGER AND DIRECTOR OF FINANCE & ADMINISTRATION REVIEW A DRAFT COPY OF THE FORM 990 AT A MEETING PRIOR TO FILING. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C EACH OFFICER, DIRECTOR OR TRUSTEE COMPLETES A FORM 990 QUESTIONNAIRE. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A WASHINGTON ELECTRIC COOPERATIVE USES A NATIONAL WAGE SURVEY (DONE BY NRECA), THE CPI, AND STATE AVERAGES TO SET WAGE RANGES. THE BOARD SETS THE GENERAL MANAGER'S COMPENSATION AND THE GENERAL MANAGER SETS THE SENIOR STAFF'S COMPENSATION. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B WASHINGTON ELECTRIC COOPERATIVE USES A NATIONAL WAGE SURVEY (DONE BY NRECA), THE CPI, AND STATE AVERAGES TO SET WAGE RANGES. THE BOARD SETS THE GENERAL MANAGER'S COMPENSATION AND THE GENERAL MANAGER SETS THE SENIOR STAFF'S COMPENSATION. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 A CONDENSED VERSION OF THE FINANCIAL STATEMENTS ARE MADE AVAILABLE WITH THE ANNUAL MEETING INFORMATION AND ARE PUBLISHED IN THE COOPERATIVE MAGAZINE "COUNTRY LIVING". OTHER CHANGES IN NET ASSETS EXPLANATION FORM 990, PART XI, LINE 5 FORM 990, PART X, LINE 33, COLUMN B - RECONCILIATION OF CHANGES RETIREMENT OF PATRONAGE CAPITAL -91,549 UNRECOGNIZED LOSS RELATED TO NONPENSION POSTRETIREMENT BENEFIT PLAN -9,600 ------- TOTAL -101,149